v3.25.3
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Operating income (expense):        
Exploration and evaluation (See Note 4 for related party costs)   $ (6,455) $ (1,201) $ (15,179)
Exploration and evaluation expense (See Note 4 for related party costs) $ (1,494)      
Corporate administration (578) (569) (1,896) (1,891)
Depreciation and amortization (50) (45) (144) (111)
Total operating income (expense) 866 (7,069) (3,241) (17,181)
Non-operating income (expense):        
Interest income 245 414 790 866
Grant income   2,000   2,000
Accretion expense   (70)   (212)
Interest expense (5) (9) (18) (24)
Gain on sale of equipment       12
Total non-operating income 240 2,335 772 2,642
Net income (loss) $ 1,106 $ (4,734) $ (2,469) $ (14,539)
Loss per share - basic (in dollars per share) $ 0 $ (0.01) $ 0 $ (0.03)
Loss per share - diluted (in dollars per share) $ 0 $ (0.01) $ 0 $ (0.03)
Weighted average common shares - basic (in shares) 516,134,712 511,111,557 516,131,196 480,133,103
Effect of employee/director stock-based awards 1,020,000      
Weighted average common shares - diluted (in shares) 517,154,712 511,111,557 516,131,196 480,133,103