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Consolidated Statements of Changes in Equity - USD ($)
shares in Thousands, $ in Thousands
Total
Millennial
Arena Minerals
Share Capital
Share Capital
Millennial
Share Capital
Arena Minerals
Capital Reserve
Capital Reserve
Millennial
Capital Reserve
Arena Minerals
Accumulated Other Comprehensive Income/ (Loss)
Deficit
Shareholders Equity
Shareholders Equity
Millennial
Shareholders Equity
Arena Minerals
Non Controlling Interest
Beginning balance at Dec. 31, 2021 $ 536,315     $ 1,208     $ 717,248     $ (3,487) $ (178,654) $ 536,315      
Beginning balance, Shares at Dec. 31, 2021       120,831                      
Shares issued on conversion of RSUs, DSUs, PSUs, and exercise of stock options 1,920     $ 10     1,910         1,920      
Shares issued on conversion of RSUs, DSUs, PSUs, and exercise of stock options, shares       1,005                      
Shares issued pursuant to the acquisition, Value   $ 333,812     $ 132     $ 333,680         $ 333,812    
Shares issued pursuant to the acquisition, Shares         13,199                    
Equity compensation (Note 14) 3,530           3,530         3,530      
RSUs issued in lieu of accrued bonuses 1,374           1,374         1,374      
DSUs issued in lieu of directors' fees 619           619         619      
Net income (loss) (93,568)                   (93,568) (93,568)      
Ending balance at Dec. 31, 2022 784,002     $ 1,350     1,058,361     (3,487) (272,222) 784,002      
Ending balance, Shares at Dec. 31, 2022       135,035                      
Shares issued on conversion of RSUs, DSUs, PSUs, and exercise of stock options 172     $ 22     150         172      
Shares issued on conversion of RSUs, DSUs, PSUs, and exercise of stock options, shares       2,186                      
Shares issued pursuant to the GM investment, Value 286,954     $ 150     286,804         286,954      
Shares issued pursuant to the GM investment, Shares       15,002                      
Share issuance costs (15,217)           (15,217)         (15,217)      
Shares issued pursuant to the acquisition, Value     $ 163,203     $ 85     $ 163,118         $ 163,203  
Shares issued pursuant to the acquisition, Shares           8,456                  
Equity compensation (Note 14) 14,254           14,254         14,254      
DSUs issued in lieu of directors' fees 628           628         628      
Distribution of assets upon separation (1,693,434)           (16,097)       (1,677,337) (1,693,434)      
Net income (loss) 1,288,369                   1,288,369 1,288,369      
Ending balance at Dec. 31, 2023 828,931 [1]     $ 1,607     1,492,001     (3,487) (661,190) 828,931      
Ending balance, Shares at Dec. 31, 2023       160,679                      
Shares issued on conversion of RSUs, DSUs, PSUs, and exercise of stock options       $ 12     (12)                
Shares issued on conversion of RSUs, DSUs, PSUs, and exercise of stock options, shares       1,253                      
Equity compensation (Note 14) 7,693           7,693         7,693      
Pastos Grandes Transaction (Note 10) 69,546                   6,884 6,884     $ 62,662
Net income (loss) (15,240)                   (15,234) (15,234)     (6)
Ending balance at Dec. 31, 2024 $ 890,930     $ 1,619     $ 1,499,682     $ (3,487) $ (669,540) $ 828,274     $ 62,656
Ending balance, Shares at Dec. 31, 2024       161,932                      
[1] The comparative information has been reclassified as discussed in Note 13 and Note 14.