v3.26.3
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2026
Jun. 30, 2025
Current assets:    
Cash and cash equivalents $ 19,450 $ 3,836
Prepaid expenses and other current assets 634 777
Total current assets 20,084 4,613
Mineral rights and properties, net 7,600 7,735
Construction in progress 3,497 3,050
Properties, plant and equipment, net 34,441 53,658
Reclamation bond deposits 2,196 1,532
Right of use asset 64 141
Other assets 101 0
Total assets 67,983 70,729
Current liabilities:    
Accounts payable and accrued liabilities 2,751 6,352
Lease liabilities, current 68 81
Total current liabilities 2,819 6,433
Long-term debt, net 0 22
Lease liabilities 0 68
Asset retirement obligations 1,071 1,016
Total liabilities 3,890 7,539
Commitments and contingencies (Note 14)
Stockholders' Equity:    
Common stock, $0.01 par value; 360,000 shares authorized; 41,515 and 20,018 shares outstanding June 30, 2026 and June 30, 2025, respectively 415 200
Additional paid-in capital 338,142 294,546
Retained earnings (accumulated deficit) (274,464) (231,556)
Total stockholders' equity 64,093 63,190
Total liabilities and stockholders' equity $ 67,983 $ 70,729