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Consolidated Statements of Operations and Comprehensive Loss - USD ($)
$ in Thousands
12 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Operating expenses    
Employee related costs $ 3,509 $ 2,323
Professional fees 3,533 2,581
Exploration expenditures 2,552 5,348
Other operating expenses 4,163 27,158
Total operating expenses 13,757 37,410
Change in fair value of earnout shares liability (6,704) (2,674)
Change in fair value of warrant liabilities (1,875) 1,414
Change in fair value of convertible notes 2,542
Loss on debt extinguishment 1,922
Interest expense 4,490 2,336
Foreign exchange loss (gain) (31) 216
Other gains (147) (13)
Loss on equity securities 5 1
Loss before income taxes (12,037) (40,612)
Income tax benefit (139) (304)
Net loss (11,898) (40,308)
Net loss attributable to redeemable noncontrolling interest 463 228
Net loss attributable to the Company (11,435) (40,080)
Other comprehensive loss:    
Net loss (11,898) (40,308)
Other comprehensive gain:    
Reporting currency translation (82)
Total comprehensive loss (11,898) (40,226)
Comprehensive loss attributable to redeemable noncontrolling interest 463 228
Comprehensive loss attributable to the Company $ (11,435) $ (39,998)
Loss per common share, basic and diluted $ (0.31) $ (1.34)
Weighted average common shares outstanding 34,320,024 28,705,840