XML 72 R60.htm IDEA: XBRL DOCUMENT v3.24.2
FAIR VALUE MEASUREMENTS AND FINANCIAL INSTRUMENTS - Assets and Liabilities (Details)
$ in Thousands
 6 Months Ended 12 Months Ended
Jun. 30, 2024
USD ($)
Dec. 31, 2023
USD ($)
Jun. 30, 2024
$ / shares
Dec. 31, 2023
$ / shares
Assets:        
Cash $ 358,307 $ 492,393    
Restricted cash 101 101    
Marketable securities 33,565 28,351    
Trade receivables from provisional sales, net 57,825 86,897    
Deferred consideration 25,127 21,213    
Total assets 474,925 628,955    
Liabilities:        
Contingent consideration 29,410 29,648    
Total liabilities 30,884 31,079    
EMX Common Share        
Liabilities:        
Option liability - EMX shares $ 1,474 $ 1,431    
EMX Common Share | Disposal Group, Disposed of by Sale | Royalty Portfolio        
Liabilities:        
Share price (in canadian dollars per share) | $ / shares     $ 2.47 $ 2.19
Exercise price (in canadian dollars per share) | $ / shares     $ 2.27 $ 2.27
Expected life 6 months 1 year    
Risk free interest rate term 1 year 1 year    
Risk-free interest rate (as a percent) 5.10% 4.82%    
Annualized volatility (as a percent) 36.70% 34.09%    
Level 1        
Assets:        
Cash $ 358,307 $ 492,393    
Restricted cash 101 101    
Marketable securities 33,565 28,351    
Trade receivables from provisional sales, net 0 0    
Deferred consideration 0 0    
Total assets 391,973 520,845    
Liabilities:        
Contingent consideration 0 0    
Total liabilities 0 0    
Level 1 | EMX Common Share        
Liabilities:        
Option liability - EMX shares 0 0    
Level 2        
Assets:        
Cash 0 0    
Restricted cash 0 0    
Marketable securities 0 0    
Trade receivables from provisional sales, net 57,825 86,897    
Deferred consideration 0 0    
Total assets 57,825 86,897    
Liabilities:        
Contingent consideration 0 0    
Total liabilities 1,474 1,431    
Level 2 | EMX Common Share        
Liabilities:        
Option liability - EMX shares 1,474 1,431    
Level 3        
Assets:        
Cash 0 0    
Restricted cash 0 0    
Marketable securities 0 0    
Trade receivables from provisional sales, net 0 0    
Deferred consideration 25,127 21,213    
Total assets 25,127 21,213    
Liabilities:        
Contingent consideration 29,410 29,648    
Total liabilities 29,410 29,648    
Level 3 | EMX Common Share        
Liabilities:        
Option liability - EMX shares $ 0 $ 0