v3.26.1
Prepaid Expenses and Project Deposits (Tables)
6 Months Ended
Jun. 30, 2026
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]  
Schedule of Prepaid Expenses and Project Deposits
The following table presents prepaid expenses and project deposits as of June 30, 2026, and December 31, 2025 (in thousands).
June 30, 2026 ($)
December 31, 2025 ($)
Equity-based consulting prepaid (shares-for-services)$16,129 $34,987 
Saskatchewan Research Council advance payments12,614 
Advertising and marketing prepaid121 
Professional fees and other prepaid980 
Total prepaid expenses and project deposits$29,844 $34,987 
Schedule of Movement In Project Deposits
The following table summarizes the activity of project deposits as of the six months ending June 30, 2026.
Project Deposits — Activity for the Six Months Ended June 30, 2026 (amounts in thousands):

Balance at December 31, 2025Advances paidTransferred to construction in progressRecognized in expenseBalance at June 30, 2026
Pilot HREE Metallization$$1,315 $$(315)$1,000 
Commercial HREE Metallization08,370 (973)(281)7,116 
SRC REPF Upgrade3,898 (200)3,698 
Supply agreement800 800 
Total project deposits$- $14,383 $(973)$(796)$12,614