v3.26.1
Condensed Consolidated Balance Sheets - USD ($)
Jun. 30, 2026
Dec. 31, 2025
Current assets    
Cash and cash equivalents $ 288,722,323 $ 30,975,991
Prepaid expenses 878,628 1,282,034
Materials and supplies inventory 567,240 377,269
Other current assets 753,426 888,640
Total current assets 290,921,617 33,523,934
Restricted cash 275,039 275,039
Property, plant and equipment, net 44,392,824 34,290,542
Intangible assets 750,000 750,000
TOTAL ASSETS 336,339,480 68,839,515
Current liabilities    
Accounts payable 5,876,548 2,562,528
Accrued liabilities 5,753,925 2,218,413
Note payable 231,526 683,135
Total current liabilities 11,861,999 5,464,076
Reclamation obligations 1,873,574 1,814,600
TOTAL LIABILITIES 13,735,573 7,278,676
Commitments and contingencies (Note 11)
STOCKHOLDERS’ EQUITY    
Preferred Stock: $0.001 par value; 250,000,000 shares authorized at June 30, 2026 and December 31, 2025, respectively; nil issued and outstanding at June 30, 2026 and December 31, 2025 0 0
Common stock, $0.001 par value, 3,500,000,000 and 150,000,000 shares authorized at June 30, 2026 and December 31, 2025, respectively; 143,726,603 and 116,509,480 shares issued and outstanding at June 30, 2026 and December 31, 2025, respectively 143,726 116,509
Additional paid-in capital 557,009,853 266,021,748
Accumulated deficit (234,549,672) (204,577,418)
Total Stockholders’ Equity 322,603,907 61,560,839
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 336,339,480 $ 68,839,515