Ur-Energy Inc. Quarterly report [Sections 13 or 15(d)]

Quarterly report [Sections 13 or 15(d)]

Sales

Sales

9 Months Ended

Sep. 30, 2025

Sales

Sales

16.

Sales

Revenue is primarily derived from the sale of U₃O₈ under multi-year agreements or spot sales agreements. The Company also receives disposal fee revenues, which are not related to the sale of U₃O₈.

Revenues for the three and nine months ended September 30, 2025 and 2024 were as follows:


	Three months ended				Nine months ended
	September 30,				September 30,
	2025		2024		2025		2024
Revenue Summary	Amount	%	Amount	%	Amount	%	Amount	%

Customer A	—	0.0%	6,165	96.3%	10,428	62.2%	10,789	97.6%
Customer B	6,323	100.0%	—	0.0%	6,323	37.7%	—	0.0%
U₃O₈ sales	6,323	100.0%	6,165	96.3%	16,751	99.9%	10,789	97.6%

Disposal fees	—	0.0%	235	3.7%	7	0.1%	264	2.4%

	6,323	100.0%	6,400	100.0%	16,758	100.0%	11,053	100.0%

- Definition

The entire disclosure of revenue from contract with customer to transfer good or service and to transfer nonfinancial asset. Includes, but is not limited to, disaggregation of revenue, credit loss recognized from contract with customer, judgment and change in judgment related to contract with customer, and asset recognized from cost incurred to obtain or fulfill contract with customer. Excludes insurance and lease contracts.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 606
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Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Topic 606
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Reference 3: http://www.xbrl.org/2003/role/disclosureRef
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Reference 11: http://www.xbrl.org/2003/role/disclosureRef
-Name Accounting Standards Codification
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+ Details