v3.26.1
Condensed Interim Consolidated Statements of Income and Comprehensive Income (Unaudited) - USD ($)
 3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Income Statement [Abstract]        
Operating expenses (note 13) $ (4,419,826) $ (3,110,392) $ (8,403,331) $ (6,019,766)
Other items        
Interest income 145,769 58,149 265,257 121,478
Change in derivative liability (note 9) 12,517,174 1,832,864 43,580,366 2,295,627
Gain on fair value of convertible debentures (note 8) 1,081,127 1,002,763
Gain (loss) on fair value of Silver Loan (note 8) 11,119,246 (2,961,015) 6,213,354 (9,029,947)
Interest expense (note 6,7,8) (656,244) (2,092,965) (2,125,144) (4,303,963)
Financing costs (note 8) (18,903) (1,007,750) (725,795) (1,014,866)
(Loss) gain on stream debentures (note 8) (549,854) 4,149,606
Gain on debt modification Silver Loan (note 8) 468,878 468,878
Gain on debt settlement (note 8) 29,850,212 9,800 29,850,212
Loss on debt settlement (note 8) (29,149) (3,077,979) (29,149) (3,376,692)
Loss on foreign exchange (88,658) (31,387) (91,259) (29,655)
Income for the period pre tax 18,569,409 20,459,888 38,694,099 14,113,675
Current tax expense (note 12) (380,143) (380,143)
Income for the period 18,189,266 20,459,888 38,313,956 14,113,675
Other comprehensive (loss) income, net of tax:        
(Loss) gain on change in fair value on own credit risk (note 8) (159,652) 3,351,229 850,414 5,383,771
Other comprehensive (loss) income (159,652) 3,351,229 850,414 5,383,771
Comprehensive income $ 18,029,614 $ 23,811,117 $ 39,164,370 $ 19,497,446
Net income per common share – basic $ 0.39 $ 0.04 $ 0.87 $ 0.03
Net income per common share – fully diluted $ 0.37 $ 0.03 $ 0.81 $ 0.02
Weighted average common stock – basic 46,685,293 14,328,651 44,228,069 12,426,912
Weighted average common stock – fully diluted 51,915,002 20,341,957 49,456,551 18,291,534