Quarterly report pursuant to Section 13 or 15(d)

Sales and other income

Sales and other income
3 Months Ended
Mar. 31, 2022
Sales and other income  
14. Sales

14.  Sales and other income 


Revenue is primarily derived from the sale of U3O8 to domestic utilities under contracts or spot sales. There were no sales of U3O8, or disposal fees billed, in the three months ended March 31, 2022, or March 31, 2021.


During March 2022, we sold a royalty interest related to Strata Energy’s Lance Uranium ISR Project for $1.3 million. There was no carrying value related to the royalty on our balance sheet therefore the entire amount was recognized as other income.