v3.26.1
Restricted Cash and Cash Equivalents
6 Months Ended
Jun. 30, 2026
Restricted Cash and Cash Equivalents  
Restricted Cash and Cash Equivalents

6.

Restricted Cash and Cash Equivalents

The Company’s restricted cash and cash equivalents consists of the following:

Restricted Cash and Cash Equivalents

June 30, 2026

December 31, 2025

Reclamation related restricted cash and cash equivalents

12,904

11,423

Other restricted cash and cash equivalents

67

61

12,971

11,484

The Company’s restricted cash equivalents consists of money market and short-term government bond instruments.

The bonding requirements for reclamation obligations on various properties have been reviewed and approved by the Wyoming Department of Environmental Quality (“WDEQ”), the Wyoming Uranium Recovery Program (“URP”), and the U.S. Bureau of Land Management (“BLM”) as applicable. The restricted cash and cash equivalents are pledged as collateral against performance surety bonds, which secure the estimated costs of reclamation related to the properties. Surety bonds providing $50.8 million and $50.4 million of coverage towards reclamation obligations were collateralized by the restricted cash as of June 30, 2026, and December 31, 2025, respectively.