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RELATED PARTY TRANSACTIONS
3 Months Ended
Mar. 31, 2023
Related Party Transactions [Abstract]  
Related Party Transactions RELATED PARTY TRANSACTIONS
Robert W. Kirkwood, a member of the Company’s Board of Directors, is a principal of the Kirkwood Companies, including Kirkwood Oil and Gas LLC, Wesco Operating, Inc., and United Nuclear LLC (“United Nuclear”). United Nuclear owns a 19% interest in the Company’s Arkose Mining Venture while the Company owns the remaining 81%. The Company acts as manager of the Arkose Mining Venture and has management and control over operations carried out by the Arkose Mining Venture. The Arkose Mining Venture is a contractual joint venture governed by a venture agreement dated as of January 15, 2008 and entered into by United Nuclear and Uranerz Energy Corporation, a wholly owned, indirectly held subsidiary of the Company.
On October 27, 2021, the Company began providing services to CUR under a mine operating agreement. The Company earned $0.27 million and $0.27 million during the three months ended March 31, 2023 and 2022, respectively. As of March 31, 2023 and 2022, $0.27 million and $0.27 million was due from CUR, respectively. Additionally, the Company has accrued $1.50 million and $1.58 million as of March 31, 2023 and December 31, 2022, respectively, in Other long-term receivables
related to deferred cash payments for production thresholds pursuant to the terms of the asset purchase agreement with CUR. See Note 11 – Supplemental Financial Information for more information.