Quarterly report [Sections 13 or 15(d)]

Restricted Cash and Cash Equivalents

v3.25.3
Restricted Cash and Cash Equivalents
9 Months Ended
Sep. 30, 2025
Restricted Cash and Cash Equivalents  
Restricted Cash and Cash Equivalents

7.

Restricted Cash and Cash Equivalents

The Company’s restricted cash and cash equivalents consists of the following:

Restricted Cash and Cash Equivalents

September 30, 2025

December 31, 2024

Reclamation related restricted cash and cash equivalents

11,303

11,011

Other restricted cash and cash equivalents

70

12

11,373

11,023

The Company’s restricted cash equivalents consists of money market and short-term government bond investment accounts.

The bonding requirements for reclamation obligations on various properties have been reviewed and approved by the Wyoming Department of Environmental Quality (“WDEQ”), the Wyoming Uranium Recovery Program (“URP”), and the U.S. Bureau of Land Management (“BLM”) as applicable. The restricted accounts are pledged as collateral against performance surety bonds, which secure the estimated costs of reclamation related to the properties. Reclamation related surety bonds totaled $42.8 million and $42.1 million as of September 30, 2025, and December 31, 2024, respectively.