SUPPLEMENTAL FINANCIAL INFORMATION

12 Months Ended

Dec. 31, 2023

20.SUPPLEMENTAL FINANCIAL INFORMATION

The components of Operating expenses for continuing operations are as follows:



(in thousands)	2023		2022

Cost of goods and services sold:
Cost of goods sold-mineral concentrates	$	—	$	(444)
Operating overheads:
Mining, other development expense		(261)		(660)
Milling, conversion expense		(2,463)		(3,104)
Less absorption:
- Mineral properties		—		68
- Milling		—		—
Other costs		(986)		(749)
Cost of goods and services sold		(3,710)		(4,889)
Reclamation asset amortization		(188)		(199)
Selling expenses		—		(48)
Sales royalties and non-income taxes		—		(216)
Operating expenses – continuing operations	$	(3,898)	$	(5,352)

The components of Other income for continuing operations are as follows:



(in thousands)	2023		2022

Gains (losses) on:
Foreign exchange	$	321	$	816
Disposal of property, plant and equipment		1,299		(25)
Fair value changes:
Investments-equity instruments (note 7)		(9)		(6,469)
Investments-uranium (note 7)		134,180		29,422
Investments-convertible debentures (note 7)		565		—
Warrants on investment (note 7)		—		1,625
Share purchase warrant liabilities (note 14)		—		20,337
Reclamation obligation adjustments (note 13)		(3,229)		4,126
Gain on recognition of proceeds–UI Repayment Agreement		4,097		6,142
Uranium investment carrying charges		(409)		(374)
Other		(343)		(356)
Other income – continuing operations	$	136,472	$	55,244

The components of Finance expense for continuing operations are as follows:



(in thousands)	2023		2022

Interest income	$	4,189	$	1,419
Interest expense		(4)		(6)
Accretion expense
Deferred revenue (note 12)		(3,518)		(2,774)
Post-employment benefits (note 15)		(21)		(22)
Reclamation obligations (note 13)		(1,681)		(1,444)
Debt obligations (note 15)		(27)		(32)
Finance expense – continuing operations	$	(1,062)	$	(2,859)

A summary of depreciation expense recognized in the statement of income (loss) is as follows:



(in thousands)	2023		2022

Continuing operations:
Operating expenses:
Mining, other development expense	$	(1)	$	(2)
Milling, conversion expense		(2,455)		(3,076)
Evaluation		(583)		(270)
Exploration		(540)		(266)
General and administrative		(154)		(144)
Decommissioning		(211)		(185)
Depreciation expense-gross	$	(3,944)	$	(3,943)

A summary of employee benefits expense recognized in the statement of income (loss) is as follows:



(in thousands)	2023		2022

Salaries and short-term employee benefits	$	(13,021)	$	(12,416)
Share-based compensation (note 18)		(3,746)		(3,736)
Termination benefits		(944)		(2)
Employee benefits expense	$	(17,711)	$	(16,154)

A summary of lease related amounts recognized in the statement of income (loss) is as follows:



(in thousands)	2023		2022

Accretion expense on lease liabilities	$	(27)	$	(32)
Expenses relating to short-term leases		(5,753)		(6,095)
Expenses relating to non-short term low-value leases		—		(1)
Lease related expense-gross	$	(5,780)	$	(6,128)

The change in non-cash operating working capital items in the consolidated statements of cash flows is as follows:



(in thousands)	2023		2022

Change in non-cash working capital items:
Trade and other receivables	$	2,230	$	(512)
Inventories		(866)		741
Prepaid expenses and other assets		(253)		129
Accounts payable and accrued liabilities		759		1,385
Change in non-cash working capital items	$	1,870	$	1,743

The supplemental cash flow disclosure required for the consolidated statements of cash flows is as follows:



(in thousands)	2023		2022

Supplemental cash flow disclosure:
Interest paid	$	(4)	$	(6)
Income taxes paid		—		—