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Note 17 - Segmented Information | 12 Months Ended
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Jul. 31, 2021
Notes to Financial Statements |
Segment Reporting Disclosure [Text Block] | NOTE 17: SEGMENTED INFORMATION We currently operate in a single reportable segment and we are focused on uranium mining and related activities, including exploration, pre-extraction, extraction and processing of uranium concentrates. As at July 31, 2021, long-term assets located in the U.S. were $58,258,130 or 62% of our total long-term assets of $94,495,723. The table below provides a breakdown of the Company's long-term assets by geographic segment:
|  | July 31, 2021 |
Balance Sheet Items |  | United States |  |  |  |  |  |  |  |  |  |
|  | Texas |  |  | Arizona |  |  | Wyoming |  |  | Other States |  |  | Canada |  |  | Paraguay |  |  | Total |
Mineral Rights and Properties |  | $ | 12,421,161 |  |  | $ | 4,627,477 |  |  | $ | 31,527,870 |  |  | $ | 146,971 |  |  | $ | 546,938 |  |  | $ | 14,513,586 |  |  | $ | 63,784,003 |
Property, Plant and Equipment |  |  | 6,645,905 |  |  |  | - |  |  |  | 312,763 |  |  |  | - |  |  |  | 34,036 |  |  |  | 365,333 |  |  |  | 7,358,037 |
Restricted Cash |  |  | 1,948,704 |  |  |  | 15,000 |  |  |  | 73,973 |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 2,037,677 |
Equity-Accounted Investment |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 20,729,674 |  |  |  | - |  |  |  | 20,729,674 |
Other Non-Current Assets |  |  | 522,306 |  |  |  | - |  |  |  | 16,000 |  |  |  | - |  |  |  | 48,026 |  |  |  | - |  |  |  | 586,332 |
Total Long-Term Assets |  | $ | 21,538,076 |  |  | $ | 4,642,477 |  |  | $ | 31,930,606 |  |  | $ | 146,971 |  |  | $ | 21,358,674 |  |  | $ | 14,878,919 |  |  | $ | 94,495,723 |
|  | July 31, 2020 |
Balance Sheet Items |  | United States |  |  |  |  |  |  |  |  |  |
|  | Texas |  |  | Arizona |  |  | Wyoming |  |  | Other States |  |  | Canada |  |  | Paraguay |  |  | Total |
Mineral Rights and Properties |  | $ | 12,422,661 |  |  | $ | 4,527,477 |  |  | $ | 31,527,870 |  |  | $ | 116,971 |  |  | $ | 546,938 |  |  | $ | 14,513,586 |  |  | $ | 63,655,503 |
Property, Plant and Equipment |  |  | 6,299,786 |  |  |  | - |  |  |  | 327,639 |  |  |  | - |  |  |  | 29,677 |  |  |  | 362,715 |  |  |  | 7,019,817 |
Restricted Cash |  |  | 1,750,243 |  |  |  | 15,000 |  |  |  | 73,973 |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 1,839,216 |
Equity-Accounted Investment |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 11,515,327 |  |  |  | - |  |  |  | 11,515,327 |
Other Non-Current Assets |  |  | 703,312 |  |  |  | - |  |  |  | 22,000 |  |  |  | - |  |  |  | 44,563 |  |  |  | - |  |  |  | 769,875 |
Total Long-Term Assets |  | $ | 21,176,002 |  |  | $ | 4,542,477 |  |  | $ | 31,951,482 |  |  | $ | 116,971 |  |  | $ | 12,136,505 |  |  | $ | 14,876,301 |  |  | $ | 84,799,738 |
The table below provides a breakdown of our operating results by geographic segment. All intercompany transactions have been eliminated.
|  | Year ended July 31, 2021 |
Statement of Operations |  | United States |  |  |  |  |  |  |  |  |  |
|  | Texas |  |  | Arizona |  |  | Wyoming |  |  | Other States |  |  | Canada |  |  | Paraguay |  |  | Total |
Costs and Expenses: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Mineral property expenditures |  | $ | 3,002,300 |  |  | $ | 125,241 |  |  | $ | 672,225 |  |  | $ | 69,075 |  |  | $ | 7,752 |  |  | $ | 602,214 |  |  | $ | 4,478,807 |
General and administrative |  |  | 9,596,400 |  |  |  | 15,317 |  |  |  | 86,211 |  |  |  | 1,830 |  |  |  | 2,894,424 |  |  |  | 45,816 |  |  |  | 12,639,998 |
Depreciation, amortization and accretion |  |  | 357,600 |  |  |  | - |  |  |  | 14,876 |  |  |  | - |  |  |  | 16,870 |  |  |  | 3,827 |  |  |  | 393,173 |
Loss from operations |  |  | (12,956,300 | ) |  |  | (140,558 | ) |  |  | (773,312 | ) |  |  | (70,905 | ) |  |  | (2,919,046 | ) |  |  | (651,857 | ) |  |  | (17,511,978 | )
Other income (expenses) |  |  | (2,541,515 | ) |  |  | (18,914 | ) |  |  | (9,982 | ) |  |  | - |  |  |  | 5,259,464 |  |  |  | 5,107 |  |  |  | 2,694,160 |
Loss before income taxes |  | $ | (15,497,815 | ) |  | $ | (159,472 | ) |  | $ | (783,294 | ) |  | $ | (70,905 | ) |  | $ | 2,340,418 |  |  | $ | (646,750 | ) |  | $ | (14,817,818 | )
|  | Year ended July 31, 2020 |
Statement of Operations |  | United States |  |  |  |  |  |  |  |  |  |
|  | Texas |  |  | Arizona |  |  | Wyoming |  |  | Other States |  |  | Canada |  |  | Paraguay |  |  | Total |
Costs and Expenses: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Mineral property expenditures |  | $ | 3,165,898 |  |  | $ | 104,191 |  |  | $ | 596,551 |  |  | $ | 69,523 |  |  | $ | - |  |  | $ | 646,240 |  |  | $ | 4,582,403 |
General and administrative |  |  | 6,982,684 |  |  |  | 13,717 |  |  |  | 112,193 |  |  |  | 2,277 |  |  |  | 2,272,138 |  |  |  | 58,889 |  |  |  | 9,441,898 |
Depreciation, amortization and accretion |  |  | 273,687 |  |  |  | - |  |  |  | 14,876 |  |  |  | 850 |  |  |  | 11,959 |  |  |  | 8,850 |  |  |  | 310,222 |
Loss from operations |  |  | (10,422,269 | ) |  |  | (117,908 | ) |  |  | (723,620 | ) |  |  | (72,650 | ) |  |  | (2,284,097 | ) |  |  | (713,979 | ) |  |  | (14,334,523 | )
Other income (expenses) |  |  | (3,417,783 | ) |  |  | (18,965 | ) |  |  | 2,095 |  |  |  | - |  |  |  | 3,147,724 |  |  |  | 5,385 |  |  |  | (281,544 | )
Loss before income taxes |  | $ | (13,840,052 | ) |  | $ | (136,873 | ) |  | $ | (721,525 | ) |  | $ | (72,650 | ) |  | $ | 863,627 |  |  | $ | (708,594 | ) |  | $ | (14,616,067 | )

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