v3.24.2.u1
Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Net income (loss) $ (2,781) $ 109,379
Adjustments to reconcile net income (loss) to net cash used in operating activities:    
Depletion, depreciation and amortization 1,858 1,319
Share-based compensation 2,757 2,740
Accretion of asset retirement obligations 589 620
Unrealized foreign exchange (gain) loss 353 (325)
Unrealized loss on investments 0 2,189
Realized gain on marketable securities (861) 0
Gain on sale of assets (2) (119,257)
Other, net (27) 76
Changes in current assets and liabilities:    
Marketable securities (985) (335)
Inventories 10,788 5,515
Trade and other receivables (8,754) (2,373)
Prepaid expenses and other current assets (1,442) (1,348)
Accounts payable and accrued liabilities (2,327) (2,269)
Net cash used in operating activities (834) (4,069)
INVESTING ACTIVITIES    
Additions to property, plant and equipment (16,307) (5,467)
Additions to mineral properties (4,737) (3,055)
Acquisition of mineral properties 0 (22,374)
Purchases of marketable securities (145,017) (67,775)
Maturities of marketable securities 133,253 16,405
Purchase of investments without a readily determinable fair value (2,149) 0
Proceeds from sale of assets 2 56,859
Net cash used in investing activities (34,955) (25,407)
FINANCING ACTIVITIES    
Issuance of common shares for cash, net of issuance costs 4,788 0
Cash received from exercise of stock options 156 384
Net cash provided by (used in) financing activities 3,555 (1,382)
Effect of exchange rate fluctuations on cash held in foreign currencies (272) 50
Plus: release of restricted cash related to sale of assets 0 3,590
Net change in cash, cash equivalents and restricted cash (32,506) (27,218)
Cash, cash equivalents and restricted cash, beginning of period 75,024 80,269
CASH, CASH EQUIVALENTS AND RESTRICTED CASH, END OF PERIOD 42,518 53,051
Supplemental disclosure of cash flow information:    
Cash paid during the period for interest 96 13
Increase (decrease) in accounts payable and accrued liabilities for property, plant and equipment and mineral properties (415) 734
Non-cash investing and financing transactions:    
Acquisition of convertible note 0 59,259
Restricted Stock Units (RSUs)    
FINANCING ACTIVITIES    
Cash paid to fund employee income tax withholding due upon vesting of restricted stock units (837) (918)
Stock Appreciation Rights (SARs)    
FINANCING ACTIVITIES    
Cash paid to fund employee income tax withholding due upon vesting of restricted stock units $ (552) $ (848)