10-Q Filing

RARE ELEMENT RESOURCES LTD CIK: 1419806 Q3 2024

Filing Information

Form Type	10-Q
Accession Number	`0001419806-24-000026`
Period End Date	20240930
Filing Date	20241106
Fiscal Year	2024
Fiscal Period	Q3
XBRL Instance	reemf-20240930x10q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 114 Income Statement 112 Cash Flow Statement 112 Stockholders Equity 58

Balance Sheet 114 line items

Line Item	Tag	Value	Unit	Period
Common shares, par value	`CommonStockNoParValue`	-	USD	Point-in-time
Common shares, par value	`CommonStockNoParValue`	-	USD	Point-in-time
Common shares, par value	`CommonStockNoParValue`	-	USD	Point-in-time
Common shares, par value	`CommonStockNoParValue`	-	USD	Point-in-time
Common shares, outstanding	`CommonStockSharesOutstanding`	212.97M	shares	Point-in-time
Common shares, outstanding	`CommonStockSharesOutstanding`	212.97M	shares	Point-in-time
Common shares, outstanding	`CommonStockSharesOutstanding`	511.11M	shares	Point-in-time
Common shares, outstanding	`CommonStockSharesOutstanding`	511.11M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$3.63M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$6.59M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$3.63M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$29.68M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$29.68M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$6.59M	USD	Point-in-time
Grant receivable (Note 5)	`GrantsReceivableCurrent`	$2.00M	USD	Point-in-time
Grant receivable (Note 5)	`GrantsReceivableCurrent`	$2.00M	USD	Point-in-time
Grant receivable (Note 5)	`GrantsReceivableCurrent`	$2.00M	USD	Point-in-time
Grant receivable (Note 5)	`GrantsReceivableCurrent`	$2.00M	USD	Point-in-time
Prepaid expenses and other	`PrepaidExpenseAndOtherAssets`	$327.00K	USD	Point-in-time
Prepaid expenses and other	`PrepaidExpenseAndOtherAssets`	$327.00K	USD	Point-in-time
Prepaid expenses and other	`PrepaidExpenseAndOtherAssets`	$503.00K	USD	Point-in-time
Prepaid expenses and other	`PrepaidExpenseAndOtherAssets`	$503.00K	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$9.75M	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$9.75M	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$32.15M	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$32.15M	USD	Point-in-time
Equipment, net	`PropertyPlantAndEquipmentNet`	$29.00K	USD	Point-in-time
Equipment, net	`PropertyPlantAndEquipmentNet`	$29.00K	USD	Point-in-time
Equipment, net	`PropertyPlantAndEquipmentNet`	$84.00K	USD	Point-in-time
Equipment, net	`PropertyPlantAndEquipmentNet`	$84.00K	USD	Point-in-time
Restricted cash	`RestrictedCashNoncurrent`	$186.00K	USD	Point-in-time
Restricted cash	`RestrictedCashNoncurrent`	$186.00K	USD	Point-in-time
Restricted cash	`RestrictedCashNoncurrent`	$183.00K	USD	Point-in-time
Restricted cash	`RestrictedCashNoncurrent`	$183.00K	USD	Point-in-time
Restricted cash	`RestrictedCashNoncurrent`	$193.00K	USD	Point-in-time
Restricted cash	`RestrictedCashNoncurrent`	$193.00K	USD	Point-in-time
Right of use asset (Note 6)	`OperatingLeaseRightOfUseAsset`	$179.00K	USD	Point-in-time
Right of use asset (Note 6)	`OperatingLeaseRightOfUseAsset`	$179.00K	USD	Point-in-time
Right of use asset (Note 6)	`OperatingLeaseRightOfUseAsset`	$264.00K	USD	Point-in-time
Right of use asset (Note 6)	`OperatingLeaseRightOfUseAsset`	$264.00K	USD	Point-in-time
Investment in land (Note 8)	`InvestmentInLand`	$600.00K	USD	Point-in-time
Investment in land (Note 8)	`InvestmentInLand`	$600.00K	USD	Point-in-time
Investment in land (Note 8)	`InvestmentInLand`	$600.00K	USD	Point-in-time
Investment in land (Note 8)	`InvestmentInLand`	$600.00K	USD	Point-in-time
Total Assets	`Assets`	$33.29M	USD	Point-in-time
Total Assets	`Assets`	$33.29M	USD	Point-in-time
Total Assets	`Assets`	$10.74M	USD	Point-in-time
Total Assets	`Assets`	$10.74M	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$1.57M	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$1.57M	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$291.00K	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$291.00K	USD	Point-in-time
Due from related party (Note 4)	`OtherLiabilitiesCurrent`	$248.00K	USD	Point-in-time
Due from related party (Note 4)	`OtherLiabilitiesCurrent`	$248.00K	USD	Point-in-time
Repurchase option (Note 8)	`DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedCurrent`	$1.75M	USD	Point-in-time
Repurchase option (Note 8)	`DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedCurrent`	$1.75M	USD	Point-in-time
Repurchase option (Note 8)	`DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedCurrent`	$1.54M	USD	Point-in-time
Repurchase option (Note 8)	`DerivativeLiabilitySecuritiesSoldUnderAgreementsToResellSecuritiesLoanedCurrent`	$1.54M	USD	Point-in-time
Lease liability, current (Note 6)	`OperatingLeaseLiabilityCurrent`	$169.00K	USD	Point-in-time
Lease liability, current (Note 6)	`OperatingLeaseLiabilityCurrent`	$169.00K	USD	Point-in-time
Lease liability, current (Note 6)	`OperatingLeaseLiabilityCurrent`	$111.00K	USD	Point-in-time
Lease liability, current (Note 6)	`OperatingLeaseLiabilityCurrent`	$111.00K	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$1.94M	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$1.94M	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$3.74M	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$3.74M	USD	Point-in-time
Reclamation obligation	`MineReclamationAndClosingLiabilityNoncurrent`	$182.00K	USD	Point-in-time
Reclamation obligation	`MineReclamationAndClosingLiabilityNoncurrent`	$182.00K	USD	Point-in-time
Reclamation obligation	`MineReclamationAndClosingLiabilityNoncurrent`	$182.00K	USD	Point-in-time
Reclamation obligation	`MineReclamationAndClosingLiabilityNoncurrent`	$182.00K	USD	Point-in-time
Lease liability, long-term (Note 6)	`OperatingLeaseLiabilityNoncurrent`	$127.00K	USD	Point-in-time
Lease liability, long-term (Note 6)	`OperatingLeaseLiabilityNoncurrent`	$127.00K	USD	Point-in-time
Lease liability, long-term (Note 6)	`OperatingLeaseLiabilityNoncurrent`	$92.00K	USD	Point-in-time
Lease liability, long-term (Note 6)	`OperatingLeaseLiabilityNoncurrent`	$92.00K	USD	Point-in-time
Other long-term liabilities	`OtherLongTermDebtNoncurrent`	$92.00K	USD	Point-in-time
Other long-term liabilities	`OtherLongTermDebtNoncurrent`	$92.00K	USD	Point-in-time
Other long-term liabilities	`OtherLongTermDebtNoncurrent`	$92.00K	USD	Point-in-time
Other long-term liabilities	`OtherLongTermDebtNoncurrent`	$92.00K	USD	Point-in-time
Total Liabilities	`Liabilities`	$2.31M	USD	Point-in-time
Total Liabilities	`Liabilities`	$2.31M	USD	Point-in-time
Total Liabilities	`Liabilities`	$4.14M	USD	Point-in-time
Total Liabilities	`Liabilities`	$4.14M	USD	Point-in-time
Commitments and Contingencies (Note 8)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and Contingencies (Note 8)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and Contingencies (Note 8)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and Contingencies (Note 8)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Common shares, no par value - unlimited shares authorized; shares outstanding at September 30, 2024 and December 31, 2023 of 511,111,557 and 212,968,451, respectively	`CommonStockValue`	$136.94M	USD	Point-in-time
Common shares, no par value - unlimited shares authorized; shares outstanding at September 30, 2024 and December 31, 2023 of 511,111,557 and 212,968,451, respectively	`CommonStockValue`	$136.94M	USD	Point-in-time
Common shares, no par value - unlimited shares authorized; shares outstanding at September 30, 2024 and December 31, 2023 of 511,111,557 and 212,968,451, respectively	`CommonStockValue`	$172.22M	USD	Point-in-time
Common shares, no par value - unlimited shares authorized; shares outstanding at September 30, 2024 and December 31, 2023 of 511,111,557 and 212,968,451, respectively	`CommonStockValue`	$172.22M	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapital`	$29.14M	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapital`	$29.14M	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapital`	$29.10M	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapital`	$29.10M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-172.18M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-172.18M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-157.64M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-157.64M	USD	Point-in-time
Total Shareholders' Equity	`StockholdersEquity`	$8.44M	USD	Point-in-time
Total Shareholders' Equity	`StockholdersEquity`	$16.93M	USD	Point-in-time
Total Shareholders' Equity	`StockholdersEquity`	$16.93M	USD	Point-in-time
Total Shareholders' Equity	`StockholdersEquity`	$9.27M	USD	Point-in-time
Total Shareholders' Equity	`StockholdersEquity`	$9.27M	USD	Point-in-time
Total Shareholders' Equity	`StockholdersEquity`	$29.14M	USD	Point-in-time
Total Shareholders' Equity	`StockholdersEquity`	$29.14M	USD	Point-in-time
Total Shareholders' Equity	`StockholdersEquity`	$33.87M	USD	Point-in-time
Total Shareholders' Equity	`StockholdersEquity`	$33.87M	USD	Point-in-time
Total Shareholders' Equity	`StockholdersEquity`	$12.31M	USD	Point-in-time
Total Shareholders' Equity	`StockholdersEquity`	$12.31M	USD	Point-in-time
Total Shareholders' Equity	`StockholdersEquity`	$8.44M	USD	Point-in-time
Total Liabilities and Shareholders' Equity	`LiabilitiesAndStockholdersEquity`	$33.29M	USD	Point-in-time
Total Liabilities and Shareholders' Equity	`LiabilitiesAndStockholdersEquity`	$10.74M	USD	Point-in-time
Total Liabilities and Shareholders' Equity	`LiabilitiesAndStockholdersEquity`	$33.29M	USD	Point-in-time
Total Liabilities and Shareholders' Equity	`LiabilitiesAndStockholdersEquity`	$10.74M	USD	Point-in-time

Income Statement 112 line items

Line Item	Tag	Value	Unit	Period
Exploration and evaluation (See Note 4 for related party costs)	`ExplorationExpense`	$6.18M	USD	3 Qtrs
Exploration and evaluation (See Note 4 for related party costs)	`ExplorationExpense`	$6.18M	USD	3 Qtrs
Exploration and evaluation (See Note 4 for related party costs)	`ExplorationExpense`	$15.18M	USD	3 Qtrs
Exploration and evaluation (See Note 4 for related party costs)	`ExplorationExpense`	$15.18M	USD	3 Qtrs
Exploration and evaluation (See Note 4 for related party costs)	`ExplorationExpense`	$6.46M	USD	1 Quarter
Exploration and evaluation (See Note 4 for related party costs)	`ExplorationExpense`	$6.46M	USD	1 Quarter
Exploration and evaluation (See Note 4 for related party costs)	`ExplorationExpense`	$2.51M	USD	1 Quarter
Exploration and evaluation (See Note 4 for related party costs)	`ExplorationExpense`	$2.51M	USD	1 Quarter
Corporate administration	`GeneralAndAdministrativeExpense`	$2.00M	USD	3 Qtrs
Corporate administration	`GeneralAndAdministrativeExpense`	$2.00M	USD	3 Qtrs
Corporate administration	`GeneralAndAdministrativeExpense`	$646.00K	USD	1 Quarter
Corporate administration	`GeneralAndAdministrativeExpense`	$646.00K	USD	1 Quarter
Corporate administration	`GeneralAndAdministrativeExpense`	$1.89M	USD	3 Qtrs
Corporate administration	`GeneralAndAdministrativeExpense`	$569.00K	USD	1 Quarter
Corporate administration	`GeneralAndAdministrativeExpense`	$569.00K	USD	1 Quarter
Corporate administration	`GeneralAndAdministrativeExpense`	$1.89M	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$25.00K	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$25.00K	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$76.00K	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$76.00K	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$45.00K	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$45.00K	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$111.00K	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$111.00K	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$7.07M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$3.18M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$3.18M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$7.07M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$8.26M	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$8.26M	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$17.18M	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$17.18M	USD	3 Qtrs
Interest income	`InterestIncomeOther`	$391.00K	USD	3 Qtrs
Interest income	`InterestIncomeOther`	$391.00K	USD	3 Qtrs
Interest income	`InterestIncomeOther`	$130.00K	USD	1 Quarter
Interest income	`InterestIncomeOther`	$130.00K	USD	1 Quarter
Interest income	`InterestIncomeOther`	$414.00K	USD	1 Quarter
Interest income	`InterestIncomeOther`	$414.00K	USD	1 Quarter
Interest income	`InterestIncomeOther`	$866.00K	USD	3 Qtrs
Interest income	`InterestIncomeOther`	$866.00K	USD	3 Qtrs
Grant income	`IncomeFromGrants`	$2.00M	USD	3 Qtrs
Grant income	`IncomeFromGrants`	$2.00M	USD	3 Qtrs
Grant income	`IncomeFromGrants`	$2.00M	USD	1 Quarter
Grant income	`IncomeFromGrants`	$2.00M	USD	1 Quarter
Accretion expense	`AccretionExpense`	$70.00K	USD	1 Quarter
Accretion expense	`AccretionExpense`	$70.00K	USD	1 Quarter
Accretion expense	`AccretionExpense`	$212.00K	USD	3 Qtrs
Accretion expense	`AccretionExpense`	$212.00K	USD	3 Qtrs
Accretion expense	`AccretionExpense`	$70.00K	USD	1 Quarter
Accretion expense	`AccretionExpense`	$70.00K	USD	1 Quarter
Accretion expense	`AccretionExpense`	$212.00K	USD	3 Qtrs
Accretion expense	`AccretionExpense`	$212.00K	USD	3 Qtrs
Interest expense	`InterestExpense`	$23.00K	USD	3 Qtrs
Interest expense	`InterestExpense`	$7.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$7.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$23.00K	USD	3 Qtrs
Interest expense	`InterestExpense`	$9.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$9.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$24.00K	USD	3 Qtrs
Interest expense	`InterestExpense`	$24.00K	USD	3 Qtrs
Gain on sale of equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$12.00K	USD	3 Qtrs
Gain on sale of equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$12.00K	USD	3 Qtrs
Gain on sale of equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$12.00K	USD	3 Qtrs
Gain on sale of equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$12.00K	USD	3 Qtrs
Total non-operating income	`NonoperatingIncomeExpense`	$2.64M	USD	3 Qtrs
Total non-operating income	`NonoperatingIncomeExpense`	$2.64M	USD	3 Qtrs
Total non-operating income	`NonoperatingIncomeExpense`	$53.00K	USD	1 Quarter
Total non-operating income	`NonoperatingIncomeExpense`	$53.00K	USD	1 Quarter
Total non-operating income	`NonoperatingIncomeExpense`	$168.00K	USD	3 Qtrs
Total non-operating income	`NonoperatingIncomeExpense`	$2.33M	USD	1 Quarter
Total non-operating income	`NonoperatingIncomeExpense`	$2.33M	USD	1 Quarter
Total non-operating income	`NonoperatingIncomeExpense`	$168.00K	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-3.13M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-3.13M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-8.09M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-8.09M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-4.73M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-4.73M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-14.54M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-14.54M	USD	3 Qtrs
LOSS PER SHARE - BASIC (in dollars per share)	`EarningsPerShareBasic`	$-0.01	USD	1 Quarter
LOSS PER SHARE - BASIC (in dollars per share)	`EarningsPerShareBasic`	$-0.01	USD	1 Quarter
LOSS PER SHARE - BASIC (in dollars per share)	`EarningsPerShareBasic`	$-0.01	USD	1 Quarter
LOSS PER SHARE - BASIC (in dollars per share)	`EarningsPerShareBasic`	$-0.01	USD	1 Quarter
LOSS PER SHARE - BASIC (in dollars per share)	`EarningsPerShareBasic`	$-0.03	USD	3 Qtrs
LOSS PER SHARE - BASIC (in dollars per share)	`EarningsPerShareBasic`	$-0.03	USD	3 Qtrs
LOSS PER SHARE - BASIC (in dollars per share)	`EarningsPerShareBasic`	$-0.03	USD	3 Qtrs
LOSS PER SHARE - BASIC (in dollars per share)	`EarningsPerShareBasic`	$-0.03	USD	3 Qtrs
LOSS PER SHARE - DILUTED (in dollars per share)	`EarningsPerShareDiluted`	$-0.03	USD	3 Qtrs
LOSS PER SHARE - DILUTED (in dollars per share)	`EarningsPerShareDiluted`	$-0.01	USD	1 Quarter
LOSS PER SHARE - DILUTED (in dollars per share)	`EarningsPerShareDiluted`	$-0.01	USD	1 Quarter
LOSS PER SHARE - DILUTED (in dollars per share)	`EarningsPerShareDiluted`	$-0.01	USD	1 Quarter
LOSS PER SHARE - DILUTED (in dollars per share)	`EarningsPerShareDiluted`	$-0.01	USD	1 Quarter
LOSS PER SHARE - DILUTED (in dollars per share)	`EarningsPerShareDiluted`	$-0.03	USD	3 Qtrs
LOSS PER SHARE - DILUTED (in dollars per share)	`EarningsPerShareDiluted`	$-0.03	USD	3 Qtrs
LOSS PER SHARE - DILUTED (in dollars per share)	`EarningsPerShareDiluted`	$-0.03	USD	3 Qtrs
WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING, BASIC (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	256.84M	shares	1 Quarter
WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING, BASIC (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	256.84M	shares	1 Quarter
WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING, BASIC (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	256.68M	shares	3 Qtrs
WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING, BASIC (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	256.68M	shares	3 Qtrs
WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING, BASIC (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	511.11M	shares	1 Quarter
WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING, BASIC (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	480.13M	shares	3 Qtrs
WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING, BASIC (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	511.11M	shares	1 Quarter
WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING, BASIC (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	480.13M	shares	3 Qtrs
WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING, DILUTED (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	511.11M	shares	1 Quarter
WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING, DILUTED (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	511.11M	shares	1 Quarter
WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING, DILUTED (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	480.13M	shares	3 Qtrs
WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING, DILUTED (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	256.68M	shares	3 Qtrs
WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING, DILUTED (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	256.84M	shares	1 Quarter
WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING, DILUTED (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	256.84M	shares	1 Quarter
WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING, DILUTED (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	480.13M	shares	3 Qtrs
WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING, DILUTED (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	256.68M	shares	3 Qtrs

Cash Flow Statement 112 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$29.68M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$29.68M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$6.59M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$6.59M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$3.63M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$3.63M	USD	Point-in-time
Net loss	`ProfitLoss`	$-14.54M	USD	3 Qtrs
Net loss	`ProfitLoss`	$-14.54M	USD	3 Qtrs
Net loss	`ProfitLoss`	$-8.09M	USD	3 Qtrs
Net loss	`ProfitLoss`	$-8.09M	USD	3 Qtrs
Restricted cash, long-term	`RestrictedCashNoncurrent`	$193.00K	USD	Point-in-time
Restricted cash, long-term	`RestrictedCashNoncurrent`	$193.00K	USD	Point-in-time
Restricted cash, long-term	`RestrictedCashNoncurrent`	$183.00K	USD	Point-in-time
Restricted cash, long-term	`RestrictedCashNoncurrent`	$186.00K	USD	Point-in-time
Restricted cash, long-term	`RestrictedCashNoncurrent`	$186.00K	USD	Point-in-time
Restricted cash, long-term	`RestrictedCashNoncurrent`	$183.00K	USD	Point-in-time
Depreciation and accretion expense	`DepreciationAmortizationAndAccretionNet`	$213.00K	USD	3 Qtrs
Total of cash, cash equivalents and restricted cash - end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$6.78M	USD	Point-in-time
Total of cash, cash equivalents and restricted cash - end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$3.82M	USD	Point-in-time
Total of cash, cash equivalents and restricted cash - end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$3.82M	USD	Point-in-time
Depreciation and accretion expense	`DepreciationAmortizationAndAccretionNet`	$213.00K	USD	3 Qtrs
Total of cash, cash equivalents and restricted cash - end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$6.78M	USD	Point-in-time
Total of cash, cash equivalents and restricted cash - end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$15.52M	USD	Point-in-time
Depreciation and accretion expense	`DepreciationAmortizationAndAccretionNet`	$221.00K	USD	3 Qtrs
Depreciation and accretion expense	`DepreciationAmortizationAndAccretionNet`	$221.00K	USD	3 Qtrs
Total of cash, cash equivalents and restricted cash - end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$29.88M	USD	Point-in-time
Total of cash, cash equivalents and restricted cash - end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$29.88M	USD	Point-in-time
Total of cash, cash equivalents and restricted cash - end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$15.52M	USD	Point-in-time
Right of use asset amortization	`OperatingLeaseRightOfUseAssetAmortizationExpense`	$75.00K	USD	3 Qtrs
Right of use asset amortization	`OperatingLeaseRightOfUseAssetAmortizationExpense`	$75.00K	USD	3 Qtrs
Right of use asset amortization	`OperatingLeaseRightOfUseAssetAmortizationExpense`	$102.00K	USD	3 Qtrs
Right of use asset amortization	`OperatingLeaseRightOfUseAssetAmortizationExpense`	$102.00K	USD	3 Qtrs
Lease liability	`ProvisionForLoanLeaseAndOtherLosses`	$-92.00K	USD	3 Qtrs
Lease liability	`ProvisionForLoanLeaseAndOtherLosses`	$-92.00K	USD	3 Qtrs
Lease liability	`ProvisionForLoanLeaseAndOtherLosses`	$-70.00K	USD	3 Qtrs
Lease liability	`ProvisionForLoanLeaseAndOtherLosses`	$-70.00K	USD	3 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$402.00K	USD	3 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$402.00K	USD	3 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$-42.00K	USD	3 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$-42.00K	USD	3 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$4.00K	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$71.00K	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$71.00K	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$4.00K	USD	1 Quarter
Reclamation obligation	`IncreaseDecreaseInReclamationObligation`	$50.00K	USD	3 Qtrs
Reclamation obligation	`IncreaseDecreaseInReclamationObligation`	$50.00K	USD	3 Qtrs
Other	`OtherNoncashIncomeExpense`	$-245.00K	USD	3 Qtrs
Other	`OtherNoncashIncomeExpense`	$-245.00K	USD	3 Qtrs
Other	`OtherNoncashIncomeExpense`	$-82.00K	USD	3 Qtrs
Other	`OtherNoncashIncomeExpense`	$-82.00K	USD	3 Qtrs
Total adjustments to reconcile net loss to net cash used in operating activities	`AdjustmentsToReconcileNetIncomeLossToCashUsedInProvidedByOperatingActivities`	$-7.34M	USD	3 Qtrs
Total adjustments to reconcile net loss to net cash used in operating activities	`AdjustmentsToReconcileNetIncomeLossToCashUsedInProvidedByOperatingActivities`	$-7.34M	USD	3 Qtrs
Total adjustments to reconcile net loss to net cash used in operating activities	`AdjustmentsToReconcileNetIncomeLossToCashUsedInProvidedByOperatingActivities`	$-14.11M	USD	3 Qtrs
Total adjustments to reconcile net loss to net cash used in operating activities	`AdjustmentsToReconcileNetIncomeLossToCashUsedInProvidedByOperatingActivities`	$-14.11M	USD	3 Qtrs
Due from related party	`IncreaseDecreaseInDueFromRelatedParties`	$194.00K	USD	3 Qtrs
Due from related party	`IncreaseDecreaseInDueFromRelatedParties`	$194.00K	USD	3 Qtrs
Due from related party	`IncreaseDecreaseInDueFromRelatedParties`	$-44.00K	USD	3 Qtrs
Due from related party	`IncreaseDecreaseInDueFromRelatedParties`	$-44.00K	USD	3 Qtrs
Prepaid expenses and other	`IncreaseDecreaseInPrepaidExpensesOther`	$-3.60M	USD	3 Qtrs
Prepaid expenses and other	`IncreaseDecreaseInPrepaidExpensesOther`	$-3.60M	USD	3 Qtrs
Prepaid expenses and other	`IncreaseDecreaseInPrepaidExpensesOther`	$1.23M	USD	3 Qtrs
Prepaid expenses and other	`IncreaseDecreaseInPrepaidExpensesOther`	$1.23M	USD	3 Qtrs
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$1.28M	USD	3 Qtrs
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$1.28M	USD	3 Qtrs
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-5.00K	USD	3 Qtrs
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-5.00K	USD	3 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-8.77M	USD	3 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-8.77M	USD	3 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-9.18M	USD	3 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-9.18M	USD	3 Qtrs
Proceeds from the sale of equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$12.00K	USD	3 Qtrs
Proceeds from the sale of equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$12.00K	USD	3 Qtrs
Proceeds from the sale of equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$12.00K	USD	3 Qtrs
Proceeds from the sale of equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$12.00K	USD	3 Qtrs
Purchase of equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$64.00K	USD	3 Qtrs
Purchase of equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$64.00K	USD	3 Qtrs
Purchase of equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$16.00K	USD	3 Qtrs
Purchase of equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$16.00K	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-4.00K	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-52.00K	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-52.00K	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-4.00K	USD	3 Qtrs
Financing transaction, net (Note 7)	`ProceedsFromIssuanceOfCommonStock`	$35.29M	USD	Point-in-time
Financing transaction, net (Note 7)	`ProceedsFromIssuanceOfCommonStock`	$35.29M	USD	Point-in-time
Financing transaction, net (Note 7)	`ProceedsFromIssuanceOfCommonStock`	$35.29M	USD	3 Qtrs
Financing transaction, net (Note 7)	`ProceedsFromIssuanceOfCommonStock`	$35.29M	USD	3 Qtrs
Stock option exercise	`ProceedsFromStockOptionsExercised`	$23.00K	USD	3 Qtrs
Stock option exercise	`ProceedsFromStockOptionsExercised`	$23.00K	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$23.00K	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$23.00K	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$35.29M	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$35.29M	USD	3 Qtrs
Net change in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$-8.75M	USD	3 Qtrs
Net change in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$26.06M	USD	3 Qtrs
Net change in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$26.06M	USD	3 Qtrs
Net change in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$-8.75M	USD	3 Qtrs
Cash, cash equivalents and restricted cash- beginning of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$6.78M	USD	Point-in-time
Cash, cash equivalents and restricted cash- beginning of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$6.78M	USD	Point-in-time
Cash, cash equivalents and restricted cash- beginning of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$3.82M	USD	Point-in-time
Cash, cash equivalents and restricted cash- beginning of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$3.82M	USD	Point-in-time
Cash, cash equivalents and restricted cash- beginning of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$29.88M	USD	Point-in-time
Cash, cash equivalents and restricted cash- beginning of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$15.52M	USD	Point-in-time
Cash, cash equivalents and restricted cash- beginning of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$29.88M	USD	Point-in-time
Cash, cash equivalents and restricted cash- beginning of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$15.52M	USD	Point-in-time
Cash, cash equivalents and restricted cash- end of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$3.82M	USD	Point-in-time
Cash, cash equivalents and restricted cash- end of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$3.82M	USD	Point-in-time
Cash, cash equivalents and restricted cash- end of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$15.52M	USD	Point-in-time
Cash, cash equivalents and restricted cash- end of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$6.78M	USD	Point-in-time
Cash, cash equivalents and restricted cash- end of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$29.88M	USD	Point-in-time
Cash, cash equivalents and restricted cash- end of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$29.88M	USD	Point-in-time
Cash, cash equivalents and restricted cash- end of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$15.52M	USD	Point-in-time
Cash, cash equivalents and restricted cash- end of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$6.78M	USD	Point-in-time

Stockholders Equity 58 line items

Line Item	Tag	Value	Unit	Period
Beginning balance	`StockholdersEquity`	$16.93M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$16.93M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$9.27M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$9.27M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$29.14M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$29.14M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$33.87M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$33.87M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$12.31M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$12.31M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$8.44M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$8.44M	USD	Point-in-time
2024 Rights Offering, shares	`StockIssuedDuringPeriodSharesNewIssues`	298.11M	shares	Point-in-time
2024 Rights Offering, shares	`StockIssuedDuringPeriodSharesNewIssues`	298.11M	shares	Point-in-time
2024 Rights Offering, amount	`StockIssuedDuringPeriodValueNewIssues`	$35.29M	USD	3 Qtrs
2024 Rights Offering, amount	`StockIssuedDuringPeriodValueNewIssues`	$35.29M	USD	3 Qtrs
Stock option exercises, shares	`StockIssuedDuringPeriodSharesStockOptionsExercised`	50,000.00	shares	3 Qtrs
Stock option exercises, shares	`StockIssuedDuringPeriodSharesStockOptionsExercised`	50,000.00	shares	3 Qtrs
Stock option exercises, shares	`StockIssuedDuringPeriodSharesStockOptionsExercised`	50,000.00	shares	Point-in-time
Stock option exercises, shares	`StockIssuedDuringPeriodSharesStockOptionsExercised`	50,000.00	shares	Point-in-time
Stock option exercises, shares	`StockIssuedDuringPeriodSharesStockOptionsExercised`	330,000.00	shares	3 Qtrs
Stock option exercises, shares	`StockIssuedDuringPeriodSharesStockOptionsExercised`	330,000.00	shares	3 Qtrs
Stock option exercises, amount	`StockIssuedDuringPeriodValueStockOptionsExercised`	-	USD	3 Qtrs
Stock option exercises, amount	`StockIssuedDuringPeriodValueStockOptionsExercised`	-	USD	3 Qtrs
Stock option exercises, amount	`StockIssuedDuringPeriodValueStockOptionsExercised`	$16.00K	USD	1 Quarter
Stock option exercises, amount	`StockIssuedDuringPeriodValueStockOptionsExercised`	$16.00K	USD	1 Quarter
Stock option exercises, amount	`StockIssuedDuringPeriodValueStockOptionsExercised`	$23.00K	USD	3 Qtrs
Stock option exercises, amount	`StockIssuedDuringPeriodValueStockOptionsExercised`	$23.00K	USD	3 Qtrs
Stock-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$4.00K	USD	1 Quarter
Stock-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$-42.00K	USD	3 Qtrs
Stock-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$4.00K	USD	1 Quarter
Stock-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$-42.00K	USD	3 Qtrs
Stock-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$71.00K	USD	1 Quarter
Stock-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$402.00K	USD	3 Qtrs
Stock-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$71.00K	USD	1 Quarter
Stock-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$402.00K	USD	3 Qtrs
Common shares cancelled	`ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod`	0.00	shares	3 Qtrs
Common shares cancelled	`ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod`	0.00	shares	3 Qtrs
Net loss	`NetIncomeLoss`	$-14.54M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-4.73M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-4.73M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-14.54M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-8.09M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-3.13M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-3.13M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-8.09M	USD	3 Qtrs
Ending balance	`StockholdersEquity`	$8.44M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$16.93M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$16.93M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$9.27M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$9.27M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$29.14M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$29.14M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$33.87M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$33.87M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$12.31M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$12.31M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$8.44M	USD	Point-in-time

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.