v3.26.1
SEGMENT INFORMATION (Tables)
6 Months Ended
Jun. 30, 2026
Segment Reporting [Abstract]  
Schedule of Segment Reporting The results from operations for these reportable segments are summarized in the following tables:
Three months ended June 30, 2026Granite CreekRuby HillLone TreeCoveCorporate and otherTotal
Revenues$9,355 $3,102 $11,891 $— $— $24,348 
Costs applicable to sales1
(7,106)(2,639)(4,803)— — 
Pre-development, evaluation and exploration(7,883)(20,083)(42)(1,246)(10)
Property maintenance(180)(1,228)(2,683)(195)(137)
Adjusted (loss) income from operations
(5,814)(20,848)4,363 (1,441)(147)(23,887)
Unallocated expenses:
Depreciation, depletion and amortization(573)
Royalties(609)
General and administrative(9,065)
Loss from operations$(34,134)

Three months ended June 30, 2025Granite CreekRuby HillLone TreeCoveCorporate and otherTotal
Revenues$19,727 $2,288 $5,821 $— $— $27,836 
Costs applicable to sales1
(22,067)(1,726)(1,484)— — 
Pre-development, evaluation and exploration(5,949)(1,898)(10)(1,174)(14)
Property maintenance(130)(519)(2,170)(194)(153)
Adjusted (loss) income from operations
(8,419)(1,855)2,157 (1,368)(167)(9,652)
Unallocated expenses:
Depreciation, depletion and amortization(547)
Royalties(1,214)
General and administrative(7,338)
Loss from operations$(18,751)
Six months ended June 30, 2026Granite CreekRuby HillLone TreeCoveCorporate and otherTotal
Revenues$53,194 $4,767 $18,777 $— $— $76,738 
Costs applicable to sales1
(37,835)(3,552)(6,335)— — 
Pre-development, evaluation and exploration(19,278)(32,466)(233)(2,965)(20)
Property maintenance
(398)(2,508)(5,333)(423)(326)
Adjusted income (loss) from operations(4,317)(33,759)6,876 (3,388)(346)(34,934)
Unallocated expenses:
Depreciation, depletion and amortization(1,055)
Royalties
(3,264)
General and administrative(16,697)
Loss from operations$(55,950)

Six months ended June 30, 2025Granite CreekRuby HillLone TreeCoveCorporate and otherTotal
Revenues$28,422 $3,678 $9,784 $— $— $41,884 
Costs applicable to sales1
(30,386)(2,808)(2,306)— — 
Pre-development, evaluation and exploration(9,719)(5,089)(33)(3,721)(28)
Property maintenance
(276)(1,356)(4,918)(407)(356)
Adjusted (loss) income from operations(11,959)(5,575)2,527 (4,128)(384)(19,519)
Unallocated expenses:
Depreciation, depletion and amortization(923)
Royalties
(1,757)
General and administrative(12,328)
Loss from operations$(34,527)
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1Costs applicable to sales exclude depreciation, depletion, amortization, and royalties.
At June 30, 2026Granite CreekRuby HillLone TreeCoveCorporate and otherTotal
Capital expenditures$13,713 $3,639 $15,781 $263 $— $33,396 
Total assets$149,267 $123,866 $253,651 $53,490 $593,563 $1,173,837 
At December 31, 2025Granite CreekRuby HillLone TreeCoveCorporate and otherTotal
Capital expenditures$5,045 $2,314 $7,927 $— $— $15,286 
Total assets$126,806 $120,809 $240,986 $53,307 $161,512 $703,420