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BASIS OF PRESENTATION (Tables)

9 Months Ended

Mar. 31, 2025

Organization, Consolidation and Presentation of Financial Statements [Abstract]

The following table sets forth the computation of the Company’s basic and diluted net loss per share attributable to common shareholders:

The Company utilizes the weighted average method to determine the impact of changes in a participating security on the calculation of loss per share. The following table sets forth the computation of the Company’s basic and diluted net loss per share attributable to common shareholders:


		For the Three Months Ended March 31,								For the Nine Months Ended March 31,
		2025				2024				2025				2024
Net loss		$	(5,375	)		$	(4,225	)		$	(7,995	)		$	(10,999	)
Adjust: Net loss attributable to noncontrolling interest			(78	)			(167	)			(177	)			(520	)
Net loss available to participating securities			(5,297	)			(4,058	)			(7,818	)			(10,479	)
Net loss attributable to vested shares of ECRC Class B common stock			(41	)			(184	)			(591	)			(825	)
Net loss attributed to common shareholders - basic and diluted		$	(5,256	)		$	(3,874	)		$	(7,227	)		$	(9,654	)
Denominator:
Weighted average shares outstanding – basic and diluted			45,893,738				35,160,333				41,777,986				33,421,185
Loss per Common Share outstanding – basic and diluted		$	(0.11	)		$	(0.11	)		$	(0.17	)		$	(0.29	)

Schedule of excluded from the dilutive securities

		For the Three and Nine Months Ended March 31,
Excluded potentially dilutive securities (1)(2):		2025				2024
Options			3,073,000				2,563,000
Warrants (3)			29,520,695				18,585,105
Convertible debt			-				714,900
Total potential dilutive securities			32,593,695				21,863,005

	(1)	The number of shares is based on the maximum number of shares issuable on exercise or conversion of the related securities as of the period end. Such amounts have not been adjusted for the treasury stock method or weighted average outstanding calculations as required if the securities were dilutive.
	(2)	Earnout Shares are excluded as the vesting terms were not met as of the end of the reporting period.
	(3)	Includes 15,666,626 NioCorp Assumed Warrants that are each exercisable into 1.11829212 Common Shares. The remaining Warrants are each exercisable into one Common Share.