| OTHER EXPENSES AND OTHER INCOME |
OTHER EXPENSES AND OTHER INCOME | | | | | | | | | | | | | | | | Three months ended
September 30, | Nine months ended
September 30, | | 2026 | 2025 | 2026 | 2025 | | | | | | | Gain (loss) on fair value measurement of Silver Purchase Agreement derivative | $ | 3,529 | | $ | 2,860 | | $ | (32,563) | | $ | (6,602) | | | | | | | | Gain (loss) on fair value measurement of NSR Royalty | 8,713 | | — | | (22,950) | | — | | Finance fee expense | — | | — | | (9,802) | | — | | Loss on Offtake liability (Note 9) | — | | — | | (4,800) | | — | | Loss on fair value measurement of Convertible Loans derivative | — | | (863) | | (3,463) | | (1,536) | | | | | | | | | | | | | | | | | | | | | | | | | | | | Loss on fair value measurement of Orion Gold Prepay Agreement derivative | — | | (4,209) | | (3,377) | | (14,883) | | | | | | | Loss on fair value measurement of warrant liability | (8,279) | | (5,400) | | (3,110) | | (5,126) | | | Other | (265) | | — | | (355) | | — | | | Total other expenses | $ | 3,698 | | $ | (7,612) | | $ | (80,420) | | $ | (28,147) | |
| | | | | | | | | | | | | | | | Three months ended
September 30, | Nine months ended
September 30, | | 2026 | 2025 | 2026 | 2025 | | (Loss) gain on fair value measurement of 2026 Gold Prepay derivative | $ | (4,162) | | $ | — | | $ | 25,731 | | $ | — | | | Interest income | 4,333 | | 357 | | 9,700 | | 1,044 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Other | — | | 250 | | — | | 884 | | | Total other income | $ | 171 | | $ | 607 | | $ | 35,431 | | $ | 1,928 | |
Finance fee expense relates to NSR Royalty origination fees of $6.4 million as well as general financing activity fees.
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