Quarterly report pursuant to Section 13 or 15(d)

Sales and other income

v3.23.3
Sales and other income
 9 Months Ended
Sep. 30, 2023
Sales and other income  
Sales and Other Income

14. Sales and Other Income

 

Revenue is primarily derived from the sale of U3O8 under multi-year agreements or spot sales agreements. The Company also receives disposal fee revenues, which are not related to the sale of U3O8.

 

Revenues for the nine months ended September 30, 2023 were as follows:

 

 

 

Nine Months Ended

September 30,

 

Revenue Summary

 

2023

 

 

2022

 

 

 

 

$

 

 

 

%

 

 

 

$

 

 

 

%

 

 Customer A

 

 

 6,447

 

 

 

 52.7 %

 

 

 -

 

 

 

 0.0 %

 Customer B

 

 

 5,440

 

 

 

 44.5 %

 

 

 -

 

 

 

 0.0 %

 U3O8 sales

 

 

 11,887

 

 

 

 97.2 %

 

 

 -

 

 

 

 0.0 %

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 Disposal fees

 

 

 351

 

 

 

 2.8 %

 

 

 19

 

 

 

 100.0 %

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 12,238

 

 

 

 100.0 %

 

 

 19

 

 

 

 100.0 %

 

During March 2022, we sold a royalty interest related to Strata Energy’s Lance Uranium ISR Project for $1.3 million. There was no carrying value related to the royalty on our balance sheet therefore the entire amount was recognized as other income.