Annual report pursuant to Section 13 and 15(d)

Revenue

v2.4.0.8
Revenue
12 Months Ended
Dec. 31, 2013
Revenue [Abstract]  
Revenue
19.
Revenue
 
Revenue is primarily derived from the sale of U3O8 to domestic utilities under contracts or spot sales. In 2013, the Company also sold its 2013 and 2014 deliveries under two of its contracts to a third party broker. Included in revenue is the amount received for the sale of the 2013 deliveries.
     
Revenue consists of:
 
 
 
 
 
 
 
 
 
 
 
Year ended December 31, 2013
 
 
 
Lbs. of U3O8
 
$
 
 
 
Company A
 
60,000
 
3,895
 
51.2
%
Company B
 
30,000
 
1,768
 
23.2
%
 
 
90,000
 
5,663
 
74.4
%
Severance and ad valorem taxes
 
 
 
682
 
9.0
%
Net sales
 
 
 
4,981
 
65.4
%
 
 
 
 
 
 
 
 
Recognition of gain from sale
 
 
 
 
 
of deliveries under contract
 
2,635
 
34.6
%
 
 
 
 
7,616
 
100.0
%