Ur-Energy Inc. Annual report [Section 13 and 15(d), not S-K Item 405]

Annual report [Section 13 and 15(d), not S-K Item 405]

Sales

Sales

12 Months Ended

Dec. 31, 2025

20.Sales

Revenue is primarily derived from the sale of U₃O₈ under multi-year term agreements. The Company also receives disposal fees at Pathfinder’s Shirley Basin facility.

Revenue consists of:


	Year ended
	December 31,
	2025		2024
Revenue Summary	Amount	%	Amount	%

Customer A	20,856	76.7%	16,646	49.4%
Customer B	6,323	23.2%	—	0.0%
Customer C	—	0.0%	16,500	49.0%
U₃O₈ sales	27,179	99.9%	33,146	98.4%

Disposal fees	28	0.1%	560	1.6%

	27,207	100.0%	33,706	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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-Topic 606
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-Name Accounting Standards Codification
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+ Details