XML 12 R2.htm IDEA: XBRL DOCUMENT v3.25.2
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 195 $ 81
Short-term investments 8,823 4,523
Investments in marketable equity securities, at fair value 401 1,322
Prepaid expenses and other 229 66
Total current assets 9,648 5,992
Mineral properties 16,701 16,701
Restricted cash - mineral property reclamation bonds 230 230
Other assets 84 117
Total assets 26,663 23,040
Current liabilities:    
Accounts payable 461 258
Kinross call option liability 0 67
Operating lease liability 29 43
Total current liabilities 490 368
Long-term liabilities:    
Asset retirement obligation and reclamation liabilities 145 145
Operating lease liability - long-term 0 7
Total long-term liabilities 145 152
Shareholders' equity:    
Preferred stock, $0.01 par value, authorized 10,000,000 shares (none issued and outstanding at June 30, 2025 and December 31, 2024) 0 0
Common stock, $0.01 par value, authorized 200,000,000 shares (89,956,840 and 81,638,418 shares, respectively, issued and outstanding at June 30, 2025 and December 31, 2024) 900 816
Additional paid-in capital 89,592 84,714
Accumulated deficit (64,464) (63,010)
Total shareholders' equity 26,028 22,520
Total liabilities and shareholders' equity $ 26,663 $ 23,040