|
Consolidated Statements of Cash Flow (USD $)
In Thousands, unless otherwise specified |
12 Months Ended | ||
|---|---|---|---|
|
Dec. 31, 2014
|
Dec. 31, 2013
|
Dec. 31, 2012
|
|
| Cash provided by (used in) Operating activities | |||
| Net loss for the period | $ (8,749)us-gaap_NetIncomeLoss | $ (30,353)us-gaap_NetIncomeLoss | $ (17,558)us-gaap_NetIncomeLoss |
| Items not affecting cash: | |||
| Stock based expense | 928us-gaap_ShareBasedCompensation | 1,153us-gaap_ShareBasedCompensation | 2,410us-gaap_ShareBasedCompensation |
| Depreciation and amortization | 7,643us-gaap_DepreciationDepletionAndAmortization | 537us-gaap_DepreciationDepletionAndAmortization | 530us-gaap_DepreciationDepletionAndAmortization |
| Non-cash interest expense | 3,881us-gaap_OtherNoncashExpense | ||
| Accretion Expense | 497us-gaap_AccretionExpense | 27us-gaap_AccretionExpense | |
| Provision for reclamation | 9us-gaap_ReclamationAndMineShutdownProvision | (97)us-gaap_ReclamationAndMineShutdownProvision | |
| Write-off of investments | 1,006us-gaap_OtherThanTemporaryImpairmentLossesInvestmentsPortionRecognizedInEarningsNet | ||
| Write-off of mineral properties | 483us-gaap_AssetImpairmentCharges | 1,430us-gaap_AssetImpairmentCharges | |
| Warrants mark to market gain | (946)us-gaap_FairValueAdjustmentOfWarrants | ||
| Foreign exchange loss (gain) | (156)us-gaap_ForeignCurrencyTransactionGainLossUnrealized | 383us-gaap_ForeignCurrencyTransactionGainLossUnrealized | |
| Loss (gain) on disposition of assets | 1us-gaap_GainLossOnDispositionOfAssets | (968)us-gaap_GainLossOnDispositionOfAssets | |
| Other loss | 3us-gaap_OtherOperatingActivitiesCashFlowStatement | 18us-gaap_OtherOperatingActivitiesCashFlowStatement | 68us-gaap_OtherOperatingActivitiesCashFlowStatement |
| Gain from fulfillment of assigned sales contract | (2,508)us-gaap_RecognitionOfDeferredRevenue | ||
| RSUs redeemed for cash | (66)urg_RestrictedStockUnitRedeemedForCash | (64)urg_RestrictedStockUnitRedeemedForCash | (19)urg_RestrictedStockUnitRedeemedForCash |
| Proceeds from assignment of sales contract | 2,508us-gaap_GainLossOnSaleOfProject | ||
| Change in non-cash working capital items: | |||
| Accounts receivable | 5,772us-gaap_IncreaseDecreaseInReceivables | (5,720)us-gaap_IncreaseDecreaseInReceivables | (1)us-gaap_IncreaseDecreaseInReceivables |
| Inventory | (3,115)us-gaap_IncreaseDecreaseInInventories | (1,433)us-gaap_IncreaseDecreaseInInventories | |
| Prepaid expenses | 259us-gaap_IncreaseDecreaseInPrepaidExpense | (1,414)us-gaap_IncreaseDecreaseInPrepaidExpense | (85)us-gaap_IncreaseDecreaseInPrepaidExpense |
| Accounts payable and accrued liabilities | 1,736us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities | 800us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities | 615us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities |
| Net Cash Provided by (Used in) Operating Activities, Total | 1,937us-gaap_NetCashProvidedByUsedInOperatingActivities | (27,770)us-gaap_NetCashProvidedByUsedInOperatingActivities | (14,722)us-gaap_NetCashProvidedByUsedInOperatingActivities |
| Investing activities | |||
| Mineral property costs | (65)us-gaap_PaymentsToAcquireMineralRights | (5,319)us-gaap_PaymentsToAcquireMineralRights | (320)us-gaap_PaymentsToAcquireMineralRights |
| Purchase of short-term investments | (10,195)us-gaap_PaymentsToAcquireShortTermInvestments | ||
| Sale of short-term investments | 6,593us-gaap_ProceedsFromSaleOfShortTermInvestments | 10,631us-gaap_ProceedsFromSaleOfShortTermInvestments | |
| Increase in restricted cash | (2,500)us-gaap_IncreaseDecreaseInRestrictedCash | (3,001)us-gaap_IncreaseDecreaseInRestrictedCash | 2,198us-gaap_IncreaseDecreaseInRestrictedCash |
| Deposit for Pathfinder acquisition | (1,338)us-gaap_PaymentsToAcquireInvestments | ||
| Funding of equity investment | (7)us-gaap_PaymentsToAcquireEquityMethodInvestments | (9)us-gaap_PaymentsToAcquireEquityMethodInvestments | (27)us-gaap_PaymentsToAcquireEquityMethodInvestments |
| Purchase of capital assets | (436)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment | (23,990)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment | (6,958)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment |
| Net Cash Provided by (Used in) Investing Activities, Total | (3,008)us-gaap_NetCashProvidedByUsedInInvestingActivities | (25,726)us-gaap_NetCashProvidedByUsedInInvestingActivities | (6,009)us-gaap_NetCashProvidedByUsedInInvestingActivities |
| Financing activities | |||
| Issuance of common shares and warrants for cash | 5,482urg_ProceedsFromIssuanceOfCommonStockAndWarrantsNe | 17,210urg_ProceedsFromIssuanceOfCommonStockAndWarrantsNe | |
| Share issue costs | (50)us-gaap_PaymentsOfStockIssuanceCosts | (238)us-gaap_PaymentsOfStockIssuanceCosts | (1,003)us-gaap_PaymentsOfStockIssuanceCosts |
| Proceeds from exercise of stock options | 1,347us-gaap_ProceedsFromStockOptionsExercised | 275us-gaap_ProceedsFromStockOptionsExercised | 75us-gaap_ProceedsFromStockOptionsExercised |
| Proceeds from debt financing | 5,000us-gaap_ProceedsFromIssuanceOfDebt | 75,100us-gaap_ProceedsFromIssuanceOfDebt | |
| Cost of debt financing | (135)us-gaap_PaymentsOfDebtIssuanceCosts | (403)us-gaap_PaymentsOfDebtIssuanceCosts | |
| Repayment of debt | (3,585)us-gaap_RepaymentsOfShortTermDebt | (36,425)us-gaap_RepaymentsOfShortTermDebt | (28)us-gaap_RepaymentsOfShortTermDebt |
| Net Cash Provided by (Used in) Financing Activities, Total | 2,577us-gaap_NetCashProvidedByUsedInFinancingActivities | 43,791us-gaap_NetCashProvidedByUsedInFinancingActivities | 16,254us-gaap_NetCashProvidedByUsedInFinancingActivities |
| Effects of foreign exchange rate changes on cash | (29)us-gaap_EffectOfExchangeRateOnCashAndCashEquivalents | (204)us-gaap_EffectOfExchangeRateOnCashAndCashEquivalents | 159us-gaap_EffectOfExchangeRateOnCashAndCashEquivalents |
| Net change in cash and cash equivalents | 1,477us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease | (9,909)us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease | (4,318)us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease |
| Beginning cash and cash equivalents | 1,627us-gaap_CashAndCashEquivalentsAtCarryingValue | 11,536us-gaap_CashAndCashEquivalentsAtCarryingValue | 15,854us-gaap_CashAndCashEquivalentsAtCarryingValue |
| Ending cash and cash equivalents | 3,104us-gaap_CashAndCashEquivalentsAtCarryingValue | 1,627us-gaap_CashAndCashEquivalentsAtCarryingValue | 11,536us-gaap_CashAndCashEquivalentsAtCarryingValue |
| Non-cash financing and investing activities: | |||
| Interest Paid | $ 2,526us-gaap_InterestPaid | $ 1,056us-gaap_InterestPaid | $ 3us-gaap_InterestPaid |
| X | ||||||||||
|
- Definition
The cash inflow from the additional capital contribution to the entity including any warrants issued. Proceeds are net of cash outflows for issuance costs related to the transaction. No definition available.
|
| X | ||||||||||
|
- Definition
Restricted stock unit redeemed for cash during the period. No definition available.
|
| X | ||||||||||
|
- Definition
Amount recognized for the passage of time, typically for liabilities, that have been discounted to their net present values. Excludes accretion associated with asset retirement obligations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
Amount of write-down of assets recognized in the income statement. Includes, but is not limited to, losses from tangible assets, intangible assets and goodwill. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Excludes cash and cash equivalents within disposal group and discontinued operation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Amount of increase (decrease) in cash and cash equivalents. Cash and cash equivalents are the amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Includes effect from exchange rate changes. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
The aggregate expense recognized in the current period that allocates the cost of tangible assets, intangible assets, or depleting assets to periods that benefit from use of the assets. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Amount of increase (decrease) from the effect of exchange rate changes on cash and cash equivalent balances held in foreign currencies. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Amount of expense (income) related to adjustment to fair value of warrant liability. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Amount before tax of foreign currency transaction unrealized gain (loss) recognized in the income statement. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Amount of gain (loss) on sale or disposal of property, plant and equipment assets, excluding oil and gas property and timber property. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The gains and losses included in earning resulting from the sale of a project. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The increase (decrease) during the reporting period in the amounts payable to vendors for goods and services received and the amount of obligations and expenses incurred but not paid. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The increase (decrease) during the reporting period in the aggregate value of all inventory held by the reporting entity, associated with underlying transactions that are classified as operating activities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
The increase (decrease) during the reporting period in the amount of outstanding money paid in advance for goods or services that bring economic benefits for future periods. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The increase (decrease) during the reporting period in the total amount due within one year (or one operating cycle) from all parties, associated with underlying transactions that are classified as operating activities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The net cash inflow or outflow for the increase (decrease) associated with funds that are not available for withdrawal or use (such as funds held in escrow) and are associated with underlying transactions that are classified as investing activities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The amount of cash paid for interest during the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Amount of cash inflow (outflow) from financing activities, including discontinued operations. Financing activity cash flows include obtaining resources from owners and providing them with a return on, and a return of, their investment; borrowing money and repaying amounts borrowed, or settling the obligation; and obtaining and paying for other resources obtained from creditors on long-term credit. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
Amount of cash inflow (outflow) from investing activities, including discontinued operations. Investing activity cash flows include making and collecting loans and acquiring and disposing of debt or equity instruments and property, plant, and equipment and other productive assets. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
Amount of cash inflow (outflow) from operating activities, including discontinued operations. Operating activity cash flows include transactions, adjustments, and changes in value not defined as investing or financing activities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Other expenses or losses included in net income that result in no cash outflows or inflows in the period and are not separately disclosed. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Other cash or noncash adjustments to reconcile net income to cash provided by (used in) operating activities that are not separately disclosed in the statement of cash flows (for example, cash received or cash paid during the current period for miscellaneous operating activities, net change during the reporting period in other assets or other liabilities). No definition available.
|
| X | ||||||||||
|
- Definition
The amount of other than temporary impairment (OTTI) losses on equity securities, OTTI related to credit losses on debt securities, and OTTI losses on debt securities when the entity intends to sell the securities or it is more likely than not that the entity will be required to sell the securities before recovery of its amortized cost basis. Additionally, this item includes OTTI losses recognized during the period on investments accounted for under the cost method of accounting. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The cash outflow paid to third parties in connection with debt origination, which will be amortized over the remaining maturity period of the associated long-term debt. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The cash outflow for cost incurred directly with the issuance of an equity security. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The cash outflow associated with the purchase of or advances to an equity method investments, which are investments in joint ventures and entities in which the entity has an equity ownership interest normally of 20 to 50 percent and exercises significant influence. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The cash outflow associated with the purchase of all investments (debt, security, other) during the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The cash outflow from the acquisition of a mineral right which is the right to extract a mineral from the earth or to receive payment, in the form of royalty, for the extraction of minerals. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The cash outflow associated with the acquisition of long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale; includes cash outflows to pay for construction of self-constructed assets. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The cash outflow for securities or other assets acquired, which qualify for treatment as an investing activity and are to be liquidated, if necessary, within the current operating cycle. Includes cash flows from securities classified as trading securities that were acquired for reasons other than sale in the short-term. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The cash inflow during the period from additional borrowings in aggregate debt. Includes proceeds from short-term and long-term debt. No definition available.
|
| X | ||||||||||
|
- Definition
The cash inflow from sales of all investments, including securities and other assets, having ready marketability and intended by management to be liquidated, if necessary, within the current operating cycle. Includes cash flows from securities classified as trading securities that were acquired for reasons other than sale in the short-term. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The cash inflow associated with the amount received from holders exercising their stock options. This item inherently excludes any excess tax benefit, which the entity may have realized and reported separately. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Adjustment of the mine reclamation or mine shutdown liability account that is made when estimates of future costs are changed. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The amount of previously reported deferred or unearned revenue that was recognized as revenue during the period. For cash flows, this element primarily pertains to amortization of deferred credits on long-term arrangements. As a noncash item, it is deducted from net income when calculating cash provided by or used in operations using the indirect method. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The cash outflow for a borrowing having initial term of repayment within one year or the normal operating cycle, if longer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The aggregate amount of noncash, equity-based employee remuneration. This may include the value of stock or unit options, amortization of restricted stock or units, and adjustment for officers' compensation. As noncash, this element is an add back when calculating net cash generated by operating activities using the indirect method. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|