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Consolidated Statements of Equity $ in Thousands | USD ($) shares | Equity attributable to owners of the Company USD ($) | Share Capital - common shares USD ($) shares | Share purchase warrants USD ($) | Contributed surplus USD ($) | Accumulated OCI USD ($) | Retained earnings (deficit) USD ($) | Non-controlling Interest USD ($)
--- | --- | --- | --- | --- | --- | --- | --- | ---
Beginning balance (in shares) at Dec. 31, 2022 | shares |  |  | 136,057,661 |  |  |  |  |
Beginning balance at Dec. 31, 2022 | $ 495,895 | $ 495,895 | $ 715,035 | $ 10,183 | $ 180,674 | $ (183,140) | $ (226,857) | $ 0
Exercise of options (in shares) | shares | 528,241 |  | 528,241 |  |  |  |  |
Exercise of options | $ 1,288 | 1,288 | $ 1,679 |  | (391) |  |  |
Exercise of warrants (in shares) | shares |  |  | 983,688 |  |  |  |  |
Exercise of warrants | 2,617 | 2,617 | $ 3,092 | (475) |  |  |  |
Stock-based compensation | 1,475 | 1,475 |  |  | 1,475 |  |  |
Comprehensive earnings (loss) | 123,380 | 123,380 |  |  |  | 111,961 | 11,419 |
Ending balance (in shares) at Dec. 31, 2023 | shares |  |  | 137,569,590 |  |  |  |  |
Ending balance at Dec. 31, 2023 | $ 624,655 | 624,655 | $ 719,806 | 9,708 | 181,758 | (71,179) | (215,438) | 0
Exercise of options (in shares) | shares | 2,779,903 |  | 2,779,903 |  |  |  |  |
Exercise of options | $ 8,191 | 8,191 | $ 9,670 |  | (1,479) |  |  |
Exercise of warrants (in shares) | shares |  |  | 11,524,237 |  |  |  |  |
Exercise of warrants | 37,331 | 37,331 | $ 42,548 | (5,217) |  |  |  |
Stock-based compensation | 2,285 | 2,285 |  |  | 2,285 |  |  |
Conversion of convertible debenture (in shares) | shares |  |  | 3,410,526 |  |  |  |  |
Conversion of convertible debenture | 11,920 | 11,920 | $ 11,920 |  |  |  |  |
Acquisition of Soto Norte Project (in shares) | shares |  |  | 15,750,000 |  |  |  |  |
Acquisition of Soto Norte Project | 464,705 | 180,920 | $ 151,973 |  | 28,947 |  |  | 283,785
Non-reciprocal contributions to Soto Norte Project | 0 | (2,042) |  |  | (2,042) |  |  | 2,042
Comprehensive earnings (loss) | $ (65,980) | (64,689) |  |  |  | (89,271) | 24,582 | (1,291)
Ending balance (in shares) at Dec. 31, 2024 | shares | 171,034,256 |  | 171,034,256 |  |  |  |  |
Ending balance at Dec. 31, 2024 | $ 1,083,107 | $ 798,571 | $ 935,917 | $ 4,491 | $ 209,469 | $ (160,450) | $ (190,856) | $ 284,536

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