v3.26.1
Condensed Consolidated Statements of Operations and Comprehensive Income (Loss) (Unaudited) - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Mar. 31, 2026
Mar. 31, 2025
Operating expenses        
Employee related costs $ 1,475 $ 376 $ 4,982 $ 1,610
Professional fees 1,243 636 3,431 1,858
Exploration expenditures 1,693 495 13,409 894
Other operating expenses 2,919 1,092 7,028 2,533
Total operating expenses 7,330 2,599 28,850 6,895
Change in fair value of earnout shares liability (2,679) 1,263 7,628 510
Change in fair value of warrant liabilities (2,156) 1,513 13,670 620
Change in fair value of convertible notes 0 0 0 40
Interest expense 0 0 0 48
Foreign exchange loss (gain) 4 (2) 7 2
Interest income (2,823) 0 (5,767) 0
Other gains 0 0 0 (122)
(Gain) loss on equity securities (1) 2 (1) 2
Income (loss) before income taxes 325 (5,375) (44,387) (7,995)
Income tax benefit 0 0 0 0
Net income (loss) and comprehensive income (loss) 325 (5,375) (44,387) (7,995)
Less: Net (loss) attributable to redeemable noncontrolling interest (344) (78) (1,774) (177)
Net income (loss) and comprehensive income (loss) attributable to the Company $ 669 $ (5,297) $ (42,613) $ (7,818)
Income (loss) per common share, basic $ 0.01 $ (0.11) $ (0.39) $ (0.17)
Income (loss) per common share, diluted $ 0.01 $ (0.11) $ (0.39) $ (0.17)
Weighted average common shares outstanding, basic 132,104,478 45,893,738 107,785,668 41,777,986
Weighted average common shares outstanding, diluted 136,150,592 45,893,738 107,785,668 41,777,986