Quarterly report pursuant to Section 13 or 15(d)

Sales and other income

v3.23.1
Sales and other income
3 Months Ended
Mar. 31, 2023
Sales and other income  
Sales and Other Income

13. Sales and Other Income

 

Revenue is primarily derived from the sale of U3O8 under multi-year agreements or spot sales agreements. There was one sale of U3O8 to one customer in the three months ended March 31, 2023, and no sales in the three months ended March 31, 2022.

 

There were no disposal billings in the three months ended March 31, 2023, and March 31, 2022.

 

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.