Annual report pursuant to Section 13 and 15(d)

Consolidated Balance Sheets

v3.22.4
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2022
Dec. 31, 2021
Current assets    
Cash $ 33,003 $ 46,189
Accounts receivable 8 4
Inventory 9,903 0
Prepaid expenses 1,030 894
Assets held for sale 0 1,536
Total current assets 43,944 48,623
Non-current assets    
Non-current portion of inventory 0 7,923
Restricted cash 8,137 7,966
Mineral properties 35,682 35,067
Capital assets 20,132 21,260
Total non-current assets 63,951 72,216
Total assets 107,895 120,839
Current liabilities    
Accounts payable and accrued liabilities 1,168 2,864
Current portion of notes payable 5,366 1,262
Current portion of warrant liability 0 2,027
Environmental remediation accrual 69 71
Total current liabilities 6,603 6,224
Non-current liabilities    
Notes payable 5,694 11,060
Lease liability 16 18
Asset retirement obligations 30,701 29,915
Warrant liability 2,382 4,236
Total non-current liabilities 38,793 45,229
Shareholders' equity    
Share capital 258,646 248,319
Contributed surplus 19,843 20,040
Accumulated other comprehensive income 4,265 4,142
Accumulated deficit (220,255) (203,115)
Total shareholders' equity 62,499 69,386
Total liabilities and shareholders' equity $ 107,895 $ 120,839