v3.26.1
Segmented Information
3 Months Ended
Mar. 31, 2026
Segmented Information  
Segmented Information

18.Segmented Information

The Company’s Chief Executive Officer is the chief operating decision maker (“CODM”) and reviews financial information on a consolidated basis to allocate resources and assess performance. Accordingly, the Company operates as a single operating and reportable segment, namely exploration of seafloor polymetallic nodules, which includes the development of a metallurgical process to treat such seafloor polymetallic nodules. Details on the geographical segmentation of the Company’s long-lived assets based on where each legal entity is domiciled are as follows:

  ​ ​ ​

March 31, 

  ​ ​ ​

December 31, 

Equipment

2026

2025

Nauru

$

480

$

519

Total

$

480

$

519

  ​ ​ ​

March 31, 

  ​ ​ ​

December 31, 

Software

2026

2025

Singapore

 

2,182

 

2,125

Total

$

2,182

$

2,125