| Schedule of single segment's significant expenses in consistent with Company's consolidated statement of operations and comprehensive loss |
|
|
|
|
|
|
|
Three Months Ended |
|
|
March 31, |
Single Operating Segment |
|
2025 |
|
2024 |
|
|
|
|
|
U3O8 sales |
|
— |
|
— |
Disposal fees |
|
— |
|
— |
Sales |
|
— |
|
— |
|
|
|
|
|
Lost Creek product costs |
|
— |
|
— |
Lower of cost or NRV adjustments |
|
2,598 |
|
1,139 |
Cost of sales |
|
2,598 |
|
1,139 |
|
|
|
|
|
Gross profit (loss) |
|
(2,598) |
|
(1,139) |
|
|
|
|
|
Exploration and evaluation |
|
1,044 |
|
903 |
Development |
|
9,743 |
|
11,552 |
General and administration |
|
2,173 |
|
2,569 |
Accretion |
|
277 |
|
121 |
Operating costs |
|
13,237 |
|
15,145 |
|
|
|
|
|
Operating profit (loss) |
|
(15,835) |
|
(16,284) |
|
|
|
|
|
Interest income |
|
867 |
|
619 |
Interest expense |
|
(266) |
|
(131) |
Mark to market gain (loss) |
|
4,310 |
|
(2,756) |
Foreign exchange gain (loss) |
|
— |
|
12 |
Other income (loss) |
|
26 |
|
(1) |
Net income (loss) |
|
(10,898) |
|
(18,541) |
|
| Schedule of financial assets and liabilities measured at fair value on recurring basis |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Fair Value Hierarchy as of March 31, 2025 |
|
Fair Value Hierarchy as of December 31, 2024 |
|
|
Level 1 |
|
Level 2 |
|
Level 3 |
|
Total |
|
Level 1 |
|
Level 2 |
|
Level 3 |
|
Total |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Financial assets |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Cash |
|
16,867 |
|
— |
|
— |
|
16,867 |
|
10,959 |
|
— |
|
— |
|
10,959 |
Trade receivables |
|
— |
|
— |
|
— |
|
— |
|
16,511 |
|
— |
|
— |
|
16,511 |
Leases receivable |
|
2,576 |
|
— |
|
— |
|
2,576 |
|
1,481 |
|
— |
|
— |
|
1,481 |
Restricted cash |
|
12 |
|
— |
|
— |
|
12 |
|
12 |
|
— |
|
— |
|
12 |
|
|
19,455 |
|
— |
|
— |
|
19,455 |
|
28,963 |
|
— |
|
— |
|
28,963 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Financial liabilities |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Accounts payable and
accrued liabilities |
|
7,940 |
|
— |
|
— |
|
7,940 |
|
4,474 |
|
— |
|
— |
|
4,474 |
Financing lease liabilities |
|
1,447 |
|
— |
|
— |
|
1,447 |
|
1,240 |
|
— |
|
— |
|
1,240 |
|
|
9,387 |
|
— |
|
— |
|
9,387 |
|
5,714 |
|
— |
|
— |
|
5,714 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Fair Value Hierarchy as of March 31, 2025 |
|
Fair Value Hierarchy as of December 31, 2024 |
|
|
Level 1 |
|
Level 2 |
|
Level 3 |
|
Total |
|
Level 1 |
|
Level 2 |
|
Level 3 |
|
Total |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Financial instrument assets |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Cash equivalents |
|
57,981 |
|
— |
|
— |
|
57,981 |
|
65,096 |
|
— |
|
— |
|
65,096 |
Restricted cash equivalents |
|
11,127 |
|
— |
|
— |
|
11,127 |
|
11,011 |
|
— |
|
— |
|
11,011 |
|
|
69,108 |
|
— |
|
— |
|
69,108 |
|
76,107 |
|
— |
|
— |
|
76,107 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Financial instrument liabilities |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Inventory derivative
obligation (net) |
|
— |
|
12,308 |
|
— |
|
12,308 |
|
— |
|
14,408 |
|
— |
|
14,408 |
Warrant liability |
|
— |
|
324 |
|
— |
|
324 |
|
— |
|
2,529 |
|
— |
|
2,529 |
|
|
— |
|
12,632 |
|
— |
|
12,632 |
|
— |
|
16,937 |
|
— |
|
16,937 |
|