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Segment Reporting (Tables) | 12 Months Ended
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Dec. 31, 2022
Segment Reporting |
Schedule of financial information relating to the Company segments | The following table shows selected information from the Consolidated Balance Sheets relating to the Company’s segments (in thousands):
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Oaxaca, Mexico | ​ | Michigan, USA | ​ | Corporate and Other | ​ | Consolidated
As of December 31, 2022 | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Total current assets | ​ | $ | 38,032 | ​ | $ | 272 | ​ | $ | 7,795 | ​ | $ | 46,099
Total non-current assets | ​ | ​ | 63,342 | ​ | ​ | 92,927 | ​ | ​ | 1,803 | ​ | ​ | 158,072
Total assets | ​ | $ | 101,374 | ​ | $ | 93,199 | ​ | $ | 9,598 | ​ | $ | 204,171
Total current liabilities | ​ | $ | 20,035 | ​ | $ | 3,352 | ​ | $ | 1,295 | ​ | $ | 24,682
Total non-current liabilities | ​ | ​ | 5,533 | ​ | ​ | 60,648 | ​ | ​ | 1,544 | ​ | ​ | 67,725
Total shareholders' equity | ​ | ​ | 75,806 | ​ | ​ | 29,199 | ​ | ​ | 6,759 | ​ | ​ | 111,764
Total liabilities and shareholders' equity | ​ | $ | 101,374 | ​ | $ | 93,199 | ​ | $ | 9,598 | ​ | $ | 204,171
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
As of December 31, 2021 | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Total current assets | ​ | $ | 50,057 | ​ | $ | 5,528 | ​ | $ | 3,330 | ​ | $ | 58,915
Total non-current assets | ​ | ​ | 66,756 | ​ | ​ | 90,018 | ​ | ​ | 73 | ​ | ​ | 156,847
Total assets | ​ | $ | 116,813 | ​ | $ | 95,546 | ​ | $ | 3,403 | ​ | $ | 215,762
Total current liabilities | ​ | $ | 25,833 | ​ | $ | 2,459 | ​ | $ | 1,367 | ​ | $ | 29,659
Total non-current liabilities | ​ | ​ | 1,436 | ​ | ​ | 63,438 | ​ | ​ | 479 | ​ | ​ | 65,353
Total shareholders' equity | ​ | ​ | 89,544 | ​ | ​ | 29,649 | ​ | ​ | 1,557 | ​ | ​ | 120,750
Total liabilities and shareholders' equity | ​ | $ | 116,813 | ​ | $ | 95,546 | ​ | $ | 3,403 | ​ | $ | 215,762
​
Schedule of asset balances, excluding investments and intercompany | The following table shows selected information from the Consolidated Statements of Operations relating to the Company’s segments (in thousands):
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Oaxaca, Mexico | ​ | Michigan, USA (1) | ​ | Corporate and Other | ​ | Consolidated
For the year ended December 31, 2022 | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Sales, net | ​ | $ | 138,724 | ​ | $ | - | ​ | $ | - | ​ | $ | 138,724
Total mine cost of sales, including depreciation | ​ | ​ | 108,863 | ​ | ​ | 75 | ​ | ​ | 38 | ​ | ​ | 108,976
Exploration expense | ​ | ​ | 4,244 | ​ | ​ | 8,805 | ​ | ​ | - | ​ | ​ | 13,049
Total other costs and expenses, including G&A | ​ | ​ | 2,741 | ​ | ​ | 1,415 | ​ | ​ | 10,305 | ​ | ​ | 14,461
Provision for income taxes | ​ | ​ | 8,061 | ​ | ​ | (1,123) | ​ | ​ | 1,621 | ​ | ​ | 8,559
Net income (loss) | ​ | $ | 14,815 | ​ | $ | (9,172) | ​ | $ | (11,964) | ​ | $ | (6,321)
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
For the year ended December 31, 2021 | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Sales, net | ​ | $ | 125,196 | ​ | $ | - | ​ | $ | - | ​ | $ | 125,196
Total mine cost of sales, including depreciation | ​ | ​ | 88,449 | ​ | ​ | - | ​ | ​ | - | ​ | ​ | 88,449
Exploration expense | ​ | ​ | 4,813 | ​ | ​ | 55 | ​ | ​ | 18 | ​ | ​ | 4,886
Total other costs and expenses, including G&A | ​ | ​ | 3,995 | ​ | ​ | 1,167 | ​ | ​ | 9,056 | ​ | ​ | 14,218
Provision for income taxes | ​ | ​ | 8,518 | ​ | ​ | 305 | ​ | ​ | 792 | ​ | ​ | 9,615
Net income (loss) | ​ | $ | 19,421 | ​ | $ | (1,527) | ​ | $ | (9,866) | ​ | $ | 8,028
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​
| (1) | Michigan, USA was acquired on December 10, 2021.

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- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8736-108599 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8813-108599 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI https://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8906-108599 + Details
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