Quarterly report pursuant to Section 13 or 15(d)

Interim Consolidated Balance Sheets

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Interim Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2023
Dec. 31, 2022
Current assets    
Cash $ 77,276 $ 33,003
Accounts receivable 10 8
Inventory 6,275 9,903
Prepaid expenses 1,198 1,030
Total current assets 84,759 43,944
Non-current assets    
Restricted cash 8,223 8,137
Mineral properties 35,407 35,682
Capital assets 20,669 20,132
Total non-current assets 64,299 63,951
Total assets 149,058 107,895
Current liabilities    
Accounts payable and accrued liabilities 1,858 1,168
Current portion of notes payable 5,444 5,366
Current portion of leases payable 58 0
Current portion of warrant liability 1,373 0
Environmental remediation accrual 69 69
Total current liabilities 8,802 6,603
Non-current liabilities    
Notes payable 4,304 5,694
Lease liability 303 16
Asset retirement obligations 30,861 30,701
Warrant liability 8,232 2,382
Total non-current liabilities 43,700 38,793
Shareholders' equity    
Share capital 293,611 258,646
Contributed surplus 19,965 19,843
Accumulated other comprehensive income 3,948 4,265
Accumulated deficit (220,968) (220,255)
Total shareholders' equity 96,556 62,499
Total liabilities and shareholders' equity $ 149,058 $ 107,895