XML 42 R31.htm IDEA: XBRL DOCUMENT v3.25.2

SEGMENT REPORTING (Tables)

6 Months Ended

Jun. 30, 2025

SEGMENT REPORTING

Schedule of segment assets

​

​	​	​	​	​	​	​
​	​	June 30,		​	December 31,
(thousands of dollars)	​	2025			2024
Assets:	​	​	​	​	​	​
Battery-grade graphite business segment assets	​	$	142,934	​	$	141,470
Corporate and other assets	​	​	7,564	​	​	4,887
Consolidated total assets	​	$	150,498	​	$	146,357
​	​	​	​	​	​	​
Expenditures for battery-grade graphite business segment assets	​	$	5,057	​	$	6,138

Schedule of segment profit or loss and significant segment expenses

​

​	​	​	​	​	​	​	​	​	​
Three months ended	​	​	​	​	​	​	​	​	​
​	​	June 30, 2025
(thousands of dollars)	​	Battery-grade Graphite Segment		​	Corporate and Other		​	Consolidated Statements of Operations
Other expense, net	​	$	(11)	​	$	(283)	​	$	(294)
Less:	​	​	​	​	​	​	​	​	​
Product development expenses	​	​	(275)	​	​	—	​	​	(275)
Exploration expenses	​	​	(3)	​	​	—	​	​	(3)
General and administrative expenses	​	​	(582)	​	​	(2,551)	​	​	(3,133)
Mineral property	​	​	(10)	​	​	—	​	​	(10)
Depreciation and amortization	​	​	(153)	​	​	(1)	​	​	(154)
Net loss	​	$	(1,034)	​	$	(2,835)	​	$	(3,869)
​	​	​	​	​	​	​	​	​	​
​	​	June 30, 2024
(thousands of dollars)	​	Battery-grade Graphite Segment		​	Corporate and Other		​	Consolidated Statements of Operations
Other (expense) income, net	​	$	(1,044)	​	$	63	​	$	(981)
Less:	​	​	​	​	​	​	​	​	​
Product development expenses	​	​	(281)	​	​	—	​	​	(281)
Exploration expenses	​	​	—	​	​	—	​	​	—
General and administrative expenses	​	​	(481)	​	​	(2,008)	​	​	(2,489)
Mineral property	​	​	(6)	​	​	—	​	​	(6)
Depreciation and amortization	​	​	(61)	​	​	(1)	​	​	(62)
Net loss	​	$	(1,873)	​	$	(1,946)	​	$	(3,819)
​	​	​	​	​	​	​	​	​	​
​	​	​	​	​	​	​	​	​	​
Six months ended	​	​	​	​	​	​	​	​	​
​	​	June 30, 2025
(thousands of dollars)	​	Battery-grade Graphite Segment		​	Corporate and Other		​	Consolidated Statements of Operations
Other expense, net	​	$	(296)	​	$	(39)	​	$	(335)
Less:	​	​	​	​	​	​	​	​	​
Product development expenses	​	​	(457)	​	​	—	​	​	(457)
Exploration expenses	​	​	(10)	​	​	—	​	​	(10)
General and administrative expenses	​	​	(1,058)	​	​	(4,369)	​	​	(5,427)
Mineral property	​	​	(10)	​	​	—	​	​	(10)
Depreciation and amortization	​	​	(304)	​	​	(2)	​	​	(306)
Net loss	​	$	(2,135)	​	$	(4,410)	​	$	(6,545)
​	​	​	​	​	​	​	​	​	​
​	​	June 30, 2024
(thousands of dollars)	​	Battery-grade Graphite Segment		​	Corporate and Other		​	Consolidated Statements of Operations
Other (expense) income, net	​	$	(1,073)	​	$	187	​	$	(886)
Less:	​	​	​	​	​	​	​	​	​
Product development expenses	​	​	(596)	​	​	—	​	​	(596)
Exploration expenses	​	​	(11)	​	​	—	​	​	(11)
General and administrative expenses	​	​	(1,099)	​	​	(3,995)	​	​	(5,094)
Mineral property	​	​	(6)	​	​	—	​	​	(6)
Depreciation and amortization	​	​	(121)	​	​	(3)	​	​	(124)
Net loss	​	$	(2,906)	​	$	(3,811)	​	$	(6,717)

​

X

- Definition

Tabular disclosure of all significant reconciling items in the reconciliation of total assets from reportable segments to the entity's consolidated assets.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 31
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-31

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-Subparagraph (c)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-30

+ Details

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

X

- Definition

Tabular disclosure of the reconciliation of profit (loss) from reportable segments to the consolidated income (loss) before income tax expense (benefit) and discontinued operations. Includes, but is not limited to, reconciliation after income tax if income tax is allocated to the reportable segment.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 31
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-31

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-30

+ Details

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

X

- References

No definition available.

+ Details

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