XML 97 R24.htm IDEA: XBRL DOCUMENT v3.24.1

Income Taxes (Tables)

12 Months Ended

Dec. 31, 2023

Income Taxes

Deferred tax assets and liabilities

(in thousands)		2023				2022
Deferred tax assets:
Loss carryovers		$	12,403			$	11,652
Mineral Property			1,669				1,669
Capitalized Exploration Costs			841				778
Stock option compensation expense			129				152
Unrealized loss on derivative securities			-				121
Other			175				65
Unrealized loss on short-term investments			100				20
Lease Liability			19				9
Valuation allowance			(15,301	)			(14,309	)
Total deferred tax assets			35				157
Deferred tax liabilities:
Unrealized gains on marketable equity securities			1				149
Lease Asset			21				8
Basis difference on fixed assets			13				-
Total deferred tax liabilities			35				157
Net deferred tax liabilities		$	-			$	-

Income tax from continuing operations

(in thousands)		2023				2022
Expected income tax benefit		$	(788	)		$	(825	)
Equity based compensation			(23	)			238
Foreign tax rate differences			(19	)			(3	)
State income tax			(160	)			(166	)
Expiration of Capital Loss and Foreign Tax Credit Carryovers			-				18
Adjustment to Deferred Taxes			-				11
Foreign currency exchange			-				968
Change in valuation allowance			992				(251	)
Change in Tax Rates			-				13
Permanent differences and other			(2	)			(3	)
Income tax (benefit) expense		$	-			$	-

X

- References

No definition available.

+ Details

Name:	us-gaap_IncomeTaxDisclosureAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the components of income tax expense attributable to continuing operations for each year presented including, but not limited to: current tax expense (benefit), deferred tax expense (benefit), investment tax credits, government grants, the benefits of operating loss carryforwards, tax expense that results from allocating certain tax benefits either directly to contributed capital or to reduce goodwill or other noncurrent intangible assets of an acquired entity, adjustments of a deferred tax liability or asset for enacted changes in tax laws or rates or a change in the tax status of the entity, and adjustments of the beginning-of-the-year balances of a valuation allowance because of a change in circumstances that causes a change in judgment about the realizability of the related deferred tax asset in future years.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Paragraph 9
-Section 50
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482685/740-10-50-9

+ Details

Name:	us-gaap_ScheduleOfComponentsOfIncomeTaxExpenseBenefitTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the components of net deferred tax asset or liability recognized in an entity's statement of financial position, including the following: the total of all deferred tax liabilities, the total of all deferred tax assets, the total valuation allowance recognized for deferred tax assets.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Paragraph 2
-Section 50
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482685/740-10-50-2

+ Details

Name:	us-gaap_ScheduleOfDeferredTaxAssetsAndLiabilitiesTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration