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

Commitments

v3.25.4
Commitments
12 Months Ended
Dec. 31, 2025
Commitments  
Commitments

25.

Commitments

Under the terms of its leases for equipment, the Company is committed to minimum annual lease payments as follows:

Lease Payments

Amount

2026

691

2027

710

2028

507

2029

346

2,254

Under the terms of its off-take sales agreements, the Company is committed to the following deliveries between 2026 and 2033:

Base Quantity 

Uranium Sales Deliveries

(U3O8 Pounds)

2026 (1)

1,300,000

2027

1,150,000

2028

1,400,000

2029

900,000

2030

800,000

2031

-

2032

100,000

2033

100,000

5,750,000

(1) The 2026 base quantity was adjusted to recognize that certain customers elected to flex up their 2026 deliveries.