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FEDERAL INCOME TAXES (Tables) | 12 Months Ended
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Dec. 31, 2022
FEDERAL INCOME TAXES. |
Schedule of Components of Future Tax Assets and Liabilities | ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | December 31,
​ |  | 2022 |  | 2021
​ | ​ | (thousands of dollars)
Deferred tax assets: | ​ | ​ | ​ | ​ | ​ | ​
Non‑Current: |  | ​ |  |  | ​ |
Net operating loss carryforwards | ​ | $ | 22,584 | ​ | $ | 21,016
Capital loss carryforwards | ​ |  | 22,508 | ​ |  | 22,523
Mineral properties | ​ |  | 3,694 | ​ |  | 5,017
Capitalized joint venture costs | ​ |  | 3,427 | ​ |  | 3,427
Fixed assets | ​ |  | 1,921 | ​ |  | 148
Capitalized transaction costs | ​ |  | 1,150 | ​ |  | 1,157
Share based compensation | ​ | ​ | 418 | ​ | ​ | 405
Accrued vacation | ​ |  | 62 | ​ |  | 25
Other | ​ |  | 26 | ​ |  | 61
Deferred tax assets | ​ |  | 55,790 | ​ |  | 53,779
Valuation allowance | ​ |  | (55,769) | ​ |  | (53,723)
Net deferred tax assets | ​ |  | 21 | ​ |  | 56
​ | ​ | ​ | ​ | ​ | ​ | ​
Deferred tax liabilities: | ​ |  |  | ​ |  |
Non‑Current: | ​ |  |  | ​ |  |
Other | ​ |  | (21) | ​ |  | (56)
Deferred tax liabilities | ​ |  | (21) | ​ |  | (56)
​ | ​ | ​ | ​ | ​ | ​ | ​
Net deferred tax asset (liability) | ​ | $ | — | ​ | $ | —
​
Schedule of Valuation Allowance by Tax Jurisdiction | ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | December 31,
​ |  | 2022 |  | 2021
​ | ​ | (thousands of dollars)
United States | ​ | $ | 44,644 | ​ | $ | 42,069
Australia | ​ |  | 4,790 | ​ |  | 5,096
Turkey | ​ |  | 6,335 | ​ |  | 6,558
Total valuation allowance | ​ | $ | 55,769 | ​ | $ | 53,723
​
Schedule of Loss From Operations Before Income Taxes | ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | For the year ended December 31,
​ |  | 2022 |  | 2021
​ | ​ | (thousands of dollars)
United States | ​ | $ | (11,082) | ​ | $ | (16,103)
Australia | ​ |  | (5) | ​ |  | (6)
Turkey | ​ |  | (34) | ​ |  | (35)
​ | ​ | $ | (11,121) | ​ | $ | (16,144)
​
Schedule of Reconciliation of Expected Income Tax on Net Income at Statutory Rates | ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Year ended December 31,
​ |  | 2022 |  | 2021
​ | ​ | (thousands of dollars)
Net loss | ​ | $ | (11,121) | ​ | $ | (16,144)
Statutory tax rate | ​ |  | 21% | ​ |  | 21%
Tax recovery at statutory rate | ​ |  | (2,335) | ​ |  | (3,390)
State tax rate | ​ | ​ | (672) | ​ | ​ | (1,173)
Foreign tax rate | ​ |  | (1) | ​ |  | (2)
Change in U.S. tax rates | ​ |  | (32) | ​ |  | (759)
Other adjustments | ​ |  | 180 | ​ |  | 97
Operating loss carryforward adjustment | ​ |  | 685 | ​ |  | (1,409)
Operating loss Section 382 adjustment | ​ |  | 110 | ​ |  | (7)
Nondeductible expenses and other permanent items | ​ |  | 19 | ​ |  | (78)
Sale of Uranium Entities | ​ | ​ | — | ​ | ​ | (799)
Change in valuation allowance | ​ |  | 2,046 | ​ |  | 7,520
Income tax expense (recovery) | ​ | $ | — | ​ | $ | —
​

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