v3.26.3
Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2026
Jun. 30, 2025
Current    
Cash and cash equivalents $ 415,004 $ 25,554
Restricted cash 2,102 0
Prepaid expenses and other 1,740 1,183
Total current assets 418,846 26,737
Non-current    
Right-of-use assets 91 118
Property and equipment, net 11,569 839
Mineral properties 25,726 16,085
Intangible assets, net 5,672 0
Goodwill 2,220 0
Other assets 2,776 40
Total assets 466,900 43,819
Current    
Accounts payable and accrued liabilities 5,638 1,795
Deferred reimbursements 6,177 0
Warrant liabilities, at fair value 4,606 0
Operating lease liability 94 98
Total current liabilities 16,515 1,893
Non-current    
Warrant liabilities, at fair value 6,140 6,852
Earnout liability, at fair value 14,451 5,880
Operating lease liability 0 33
Total liabilities 37,106 14,658
Commitments and contingencies (Note 3r, 6)
Redeemable noncontrolling interest (1,446) 838
SHAREHOLDERS' EQUITY    
Common stock, no par value, unlimited shares authorized; 145,838,380 and 58,491,196 shares outstanding, respectively 660,049 208,551
Accumulated deficit (227,872) (179,317)
Accumulated other comprehensive loss (937) (911)
Total shareholders' equity 431,240 28,323
Total liabilities, redeemable noncontrolling interest, and shareholders' equity $ 466,900 $ 43,819