| OTHER EXPENSES AND OTHER INCOME |
13.OTHER EXPENSES AND OTHER INCOME | | | | | | | | | | | | | | | | Three months ended
June 30, | Six months ended
June 30, | | 2026 | 2025 | 2026 | 2025 | | | | | | Loss on fair value measurement of Silver Purchase Agreement derivative | $ | (9,290) | | $ | (1,986) | | $ | (36,092) | | $ | (9,461) | | | | | | | | Loss on fair value measurement of NSR Royalty | (24,039) | | — | | (31,663) | | — | | Finance fee expense | — | | — | | (9,796) | | — | | | | | | | Loss on Offtake liability (Note 9) | (4,800) | | — | | (4,800) | | — | | Loss on fair value measurement of Convertible Loans derivative | — | | — | | (3,463) | | (673) | | | | | | | | | | | | | | | | | | | | | | | | | | | | Loss on fair value measurement of Orion Gold Prepay Agreement derivative | — | | (2,412) | | (3,377) | | (10,674) | | | | | | | | | | | | | Other | (14) | | — | | (112) | | — | | | Total other expenses | $ | (38,143) | | $ | (4,398) | | $ | (89,303) | | $ | (20,808) | |
| | | | | | | | | | | | | | | | Three months ended
June 30, | Six months ended
June 30, | | 2026 | 2025 | 2026 | 2025 | | Gain on fair value measurement of 2026 Gold Prepay derivative | 22,000 | | — | | 29,893 | | — | | | Interest income | 4,798 | | 346 | | 5,383 | | 686 | | | Gain on fair value measurement of warrant liabilities | 4,766 | | 709 | | $ | 5,169 | | $ | 275 | | | Gain on convertible loans | — | | 765 | | — | | — | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Other | — | | 591 | | — | | 634 | | | Total other income | $ | 31,564 | | $ | 2,411 | | $ | 40,445 | | $ | 1,595 | |
Finance fee expense relates to NSR Royalty origination fees of $6.4 million as well as general financing activity fees.
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