v3.26.1
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2026
Jun. 30, 2025
Current assets:    
Cash and cash equivalents $ 25,388 $ 3,836
Prepaid expenses and other current assets 364 777
Total current assets 25,752 4,613
Mineral rights and properties, net 7,633 7,735
Construction in progress 3,229 3,050
Properties, plant and equipment, net 39,779 53,658
Reclamation bond deposits 1,583 1,532
Right of use asset 84 141
Other assets 58 0
Total assets 78,118 70,729
Current liabilities:    
Accounts payable and accrued liabilities 3,873 6,352
Lease liabilities, current 90 81
Total current liabilities 3,963 6,433
Long-term debt, net 0 22
Lease liabilities 0 68
Asset retirement obligations 1,114 1,016
Total liabilities 5,077 7,539
Commitments and contingencies (Note 13)
Stockholders' equity:    
Common stock, $0.01 par value; 360,000 shares authorized; 41,512 and 20,018 shares outstanding March 31, 2026 and June 30, 2025, respectively 415 200
Additional paid-in capital 337,899 294,546
Retained earnings (accumulated deficit) (265,273) (231,556)
Total stockholders' equity 73,041 63,190
Total liabilities and stockholders' equity $ 78,118 $ 70,729