v3.26.1
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2026
Jun. 30, 2025
Current    
Cash and cash equivalents $ 419,196 $ 25,554
Restricted cash 2,065 0
Other current assets 2,241 1,183
Total current assets 423,502 26,737
Non-current    
Deferred financing costs 691 0
Right-of-use assets 378 118
Property and equipment, net 7,719 839
Mineral properties 25,726 16,085
Intangible assets, net 5,822 0
Goodwill 2,220 0
Other assets 2,915 40
Total assets 468,973 43,819
Current    
Accounts payable and accrued liabilities 3,046 1,795
Deferred reimbursements 6,168 0
Warrant liabilities, at fair value 4,252 0
Operating lease liability 162 98
Total current liabilities 13,628 1,893
Non-current    
Warrant liabilities, at fair value 7,220 6,852
Earnout liability, at fair value 13,508 5,880
Operating lease liability 217 33
Total liabilities 34,573 14,658
Commitments and contingencies
Redeemable noncontrolling interest (994) 838
SHAREHOLDERS' EQUITY    
Common stock - no par value, unlimited shares authorized; 145,327,493 and 58,491,196 shares issued and outstanding, respectively 658,235 208,551
Accumulated deficit (221,930) (179,317)
Accumulated other comprehensive loss (911) (911)
Total shareholders' equity 435,394 28,323
Total liabilities, redeemable noncontrolling interest, and shareholders' equity $ 468,973 $ 43,819