v3.26.1
CONDENSED CONSOLIDATED INTERIM STATEMENTS OF CHANGES IN EQUITY AND NON-CONTROLLING INTEREST - USD ($)
shares in Thousands, $ in Thousands
Total
Common Stock [Member]
Additional Paid-in Capital [Member]
Accumulated Deficit [Member]
Total equity attributable to LAC shareholders [Member]
Noncontrolling Interest [Member]
Beginning Balance, shares at Dec. 31, 2024   218,465        
Beginning Balance at Dec. 31, 2024 $ 945,340 $ 655,068 $ 35,618 $ (55,682) $ 635,004 $ 310,336
Shares issued on conversion of stock-based awards, shares   221        
Shares issued on conversion of stock-based awards   $ 2,256 (2,256)      
Stock-based compensation 1,198   1,198   1,198  
Net Income (Loss) (11,526)     (10,702) (10,702) (824)
Ending Balance, shares at Mar. 31, 2025   218,686        
Ending Balance at Mar. 31, 2025 935,012 $ 657,324 34,560 (66,384) 625,500 309,512
Beginning Balance, shares at Dec. 31, 2024   218,465        
Beginning Balance at Dec. 31, 2024 945,340 $ 655,068 35,618 (55,682) 635,004 310,336
Net Income (Loss) (24,775)          
Ending Balance, shares at Jun. 30, 2025   223,327        
Ending Balance at Jun. 30, 2025 1,035,835 $ 670,636 24,516 (78,831) 616,321 419,514
Beginning Balance, shares at Dec. 31, 2024   218,465        
Beginning Balance at Dec. 31, 2024 945,340 $ 655,068 35,618 (55,682) 635,004 310,336
Ending Balance, shares at Dec. 31, 2025   314,335        
Ending Balance at Dec. 31, 2025 1,586,649 $ 1,279,902 0 (221,148) 1,058,754 527,895
Beginning Balance, shares at Mar. 31, 2025   218,686        
Beginning Balance at Mar. 31, 2025 935,012 $ 657,324 34,560 (66,384) 625,500 309,512
Shares issued under public offerings, net of issuance costs (Note 9) 8,541 $ 8,541     8,541  
Shares issued under public offerings, net of issuance costs (Note 9), shares   3,361        
Capital contribution to Lithium Nevada Ventures LLC 100,000   (10,804)   (10,804) 110,804
Shares issued on conversion of stock-based awards, shares   1,280        
Shares issued on conversion of stock-based awards   $ 4,771 (4,771)      
Stock-based compensation 5,531   5,531   5,531  
Net Income (Loss) (13,249)     (12,447) (12,447) (802)
Ending Balance, shares at Jun. 30, 2025   223,327        
Ending Balance at Jun. 30, 2025 1,035,835 $ 670,636 24,516 (78,831) 616,321 419,514
Beginning Balance, shares at Dec. 31, 2025   314,335        
Beginning Balance at Dec. 31, 2025 1,586,649 $ 1,279,902 0 (221,148) 1,058,754 527,895
Shares issued under public offerings, net of issuance costs (Note 9) 189,684 $ 189,684     189,684  
Shares issued under public offerings, net of issuance costs (Note 9), shares   32,468        
Shares issued on conversion of stock-based awards, shares   567        
Shares issued on conversion of stock-based awards   $ 7,432 (7,432)      
Stock-based compensation 7,331   7,331   7,331  
Issuance of LAC Warrant, net of issuance costs (Note 9) 88,588   88,588   88,588  
Net Income (Loss) 4,628     (409) (409) 5,037
Ending Balance, shares at Mar. 31, 2026   347,370        
Ending Balance at Mar. 31, 2026 1,876,880 $ 1,477,018 88,487 (221,557) 1,343,948 532,932
Beginning Balance, shares at Dec. 31, 2025   314,335        
Beginning Balance at Dec. 31, 2025 1,586,649 $ 1,279,902 0 (221,148) 1,058,754 527,895
Net Income (Loss) 6,290          
Ending Balance, shares at Jun. 30, 2026   361,841        
Ending Balance at Jun. 30, 2026 1,949,577 $ 1,551,761 84,779 (219,406) 1,417,134 532,443
Beginning Balance, shares at Mar. 31, 2026   347,370        
Beginning Balance at Mar. 31, 2026 1,876,880 $ 1,477,018 88,487 (221,557) 1,343,948 532,932
Shares issued under public offerings, net of issuance costs (Note 9) 68,475 $ 68,475     68,475  
Shares issued under public offerings, net of issuance costs (Note 9), shares   13,048        
Shares issued on conversion of stock-based awards, shares   1,423        
Shares issued on conversion of stock-based awards   $ 6,268 (6,268)      
Stock-based compensation 2,560   2,560   2,560  
Net Income (Loss) 1,662     2,151 2,151 (489)
Ending Balance, shares at Jun. 30, 2026   361,841        
Ending Balance at Jun. 30, 2026 $ 1,949,577 $ 1,551,761 $ 84,779 $ (219,406) $ 1,417,134 $ 532,443