XML 19 R2.htm IDEA: XBRL DOCUMENT v3.24.3
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
Sep. 30, 2024
Dec. 31, 2023
CURRENT ASSETS    
Cash and cash equivalents $ 12,969,132 $ 11,899,574
Certificates of deposit 22,257 72,898
Accounts receivable, net 791,557 625,256
Inventories, net 966,814 1,019,154
Prepaid expenses and other current assets 177,283 92,369
Current assets held for sale (Note 12) 74,560 366,955
Total current assets 15,001,603 14,076,206
Properties, plants and equipment, net 7,751,348 7,765,045
Operating lease right-of-use asset 764,035 0
Restricted cash for reclamation bonds 98,234 55,061
Other assets 20,217 18,098
Noncurrent assets held for sale (Note 12) 6,117,610 6,180,585
Total assets 29,753,047 28,094,995
CURRENT LIABILITIES    
Accounts payable 1,212,397 330,147
Accrued liabilities 164,917 109,341
Accrued liabilities - directors 159,165 124,810
Royalties payable 105,174 153,429
Current portion of operating lease liability 483,211 0
Long-term debt, current portion 131,105 28,443
Current liabilities held for sale (Note 12) 148,833 151,288
Total current liabilities 2,404,802 897,458
Noncurrent operating lease liability 299,435 0
Long-term debt, net of current portion 228,921 0
Stock payable to directors 0 38,542
Asset retirement obligations 1,156,374 1,101,561
Noncurrent liabilities held for sale (Note 12) 536,466 536,466
Total liabilities 4,625,998 2,574,027
STOCKHOLDERS' EQUITY    
Common stock, $0.01 par value, 150,000,000 shares authorized; 108,438,984 and 107,647,317 shares issued and outstanding, respectively 1,084,389 1,076,472
Additional paid-in capital 64,299,485 63,853,836
Accumulated deficit (40,266,104) (39,418,619)
Total stockholders' equity 25,127,049 25,520,968
Total liabilities and stockholders' equity 29,753,047 28,094,995
Series A Preferred Stock [Member]    
STOCKHOLDERS' EQUITY    
Preferred Stock Value 0 0
Series D Preferred Stock [Member]    
STOCKHOLDERS' EQUITY    
Preferred Stock Value 0 0
Series C Preferred Stock [Member]    
STOCKHOLDERS' EQUITY    
Preferred Stock Value 1,779 1,779
Series B Preferred Stock [Member]    
STOCKHOLDERS' EQUITY    
Preferred Stock Value $ 7,500 $ 7,500