v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Operating expenses:    
Exploration and evaluation expenses $ 2,065 $ 50
General and administrative expenses 2,716 249
Depreciation expense 23 1
Total operating expenses 4,804 300
Operating loss (4,804) (300)
Other income (expenses):    
Interest income 127 0
Interest expense (45) (1)
Foreign currency transaction loss (4) 0
Change in fair value of SAFE (3,409) 0
Change in fair value of warrants (8,646) 0
Total other (expenses) income (11,977) (1)
Loss before income taxes (16,781) (301)
Provision for income taxes 0  
Net loss (16,781) (301)
Less: Net loss attributable to noncontrolling interest 0 0
Net loss attributable to Rare Earths Americas, Inc. $ (16,781) $ (301)
Net loss per common share, basic $ (1.12) $ (0.03)
Net loss per common share, diluted $ (1.12) $ (0.03)
Weighted average common shares outstanding, basic 14,965,987 9,375,000
Weighted average common shares outstanding, diluted 14,965,987 9,375,000