10-Q Filing

RARE ELEMENT RESOURCES LTD CIK: 1419806 Q1 2024

Filing Information

Form Type	10-Q
Accession Number	`0001419806-25-000008`
Period End Date	20250331
Filing Date	20250513
Fiscal Year	2024
Fiscal Period	Q1
XBRL Instance	reemf-20250331x10q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 104 Income Statement 50 Cash Flow Statement 92 Stockholders Equity 36

Balance Sheet 104 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
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$24.40M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$24.40M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$26.73M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$38.13M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$26.73M	USD	Point-in-time
Common shares, outstanding	`CommonStockSharesOutstanding`	516.11M	shares	Point-in-time
Common shares, outstanding	`CommonStockSharesOutstanding`	516.11M	shares	Point-in-time
Common shares, outstanding	`CommonStockSharesOutstanding`	516.13M	shares	Point-in-time
Common shares, outstanding	`CommonStockSharesOutstanding`	516.13M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$38.13M	USD	Point-in-time
Prepaid expenses and other	`PrepaidExpenseAndOtherAssets`	$215.00K	USD	Point-in-time
Prepaid expenses and other	`PrepaidExpenseAndOtherAssets`	$215.00K	USD	Point-in-time
Prepaid expenses and other	`PrepaidExpenseAndOtherAssets`	$176.00K	USD	Point-in-time
Prepaid expenses and other	`PrepaidExpenseAndOtherAssets`	$176.00K	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$24.58M	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$26.95M	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$26.95M	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$24.58M	USD	Point-in-time
Equipment, net	`PropertyPlantAndEquipmentNet`	$119.00K	USD	Point-in-time
Equipment, net	`PropertyPlantAndEquipmentNet`	$119.00K	USD	Point-in-time
Equipment, net	`PropertyPlantAndEquipmentNet`	$65.00K	USD	Point-in-time
Equipment, net	`PropertyPlantAndEquipmentNet`	$65.00K	USD	Point-in-time
Restricted cash	`RestrictedCashNoncurrent`	$188.00K	USD	Point-in-time
Restricted cash	`RestrictedCashNoncurrent`	$188.00K	USD	Point-in-time
Restricted cash	`RestrictedCashNoncurrent`	$195.00K	USD	Point-in-time
Restricted cash	`RestrictedCashNoncurrent`	$195.00K	USD	Point-in-time
Restricted cash	`RestrictedCashNoncurrent`	$197.00K	USD	Point-in-time
Restricted cash	`RestrictedCashNoncurrent`	$197.00K	USD	Point-in-time
Right of use asset (Note 6)	`OperatingLeaseRightOfUseAsset`	$198.00K	USD	Point-in-time
Right of use asset (Note 6)	`OperatingLeaseRightOfUseAsset`	$238.00K	USD	Point-in-time
Right of use asset (Note 6)	`OperatingLeaseRightOfUseAsset`	$238.00K	USD	Point-in-time
Right of use asset (Note 6)	`OperatingLeaseRightOfUseAsset`	$198.00K	USD	Point-in-time
Land	`InvestmentInLand`	$2.24M	USD	Point-in-time
Land	`InvestmentInLand`	$2.24M	USD	Point-in-time
Land	`InvestmentInLand`	$2.24M	USD	Point-in-time
Land	`InvestmentInLand`	$2.24M	USD	Point-in-time
Total Assets	`Assets`	$29.68M	USD	Point-in-time
Total Assets	`Assets`	$27.33M	USD	Point-in-time
Total Assets	`Assets`	$27.33M	USD	Point-in-time
Total Assets	`Assets`	$29.68M	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$1.06M	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$1.06M	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$764.00K	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$764.00K	USD	Point-in-time
Due to related party (Note 4)	`OtherLiabilitiesCurrent`	$1.27M	USD	Point-in-time
Due to related party (Note 4)	`OtherLiabilitiesCurrent`	$1.27M	USD	Point-in-time
Due to related party (Note 4)	`OtherLiabilitiesCurrent`	$895.00K	USD	Point-in-time
Due to related party (Note 4)	`OtherLiabilitiesCurrent`	$895.00K	USD	Point-in-time
Lease liability, current (Note 6)	`OperatingLeaseLiabilityCurrent`	$161.00K	USD	Point-in-time
Lease liability, current (Note 6)	`OperatingLeaseLiabilityCurrent`	$161.00K	USD	Point-in-time
Lease liability, current (Note 6)	`OperatingLeaseLiabilityCurrent`	$172.00K	USD	Point-in-time
Lease liability, current (Note 6)	`OperatingLeaseLiabilityCurrent`	$172.00K	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$2.19M	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$2.19M	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$2.13M	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$2.13M	USD	Point-in-time
Reclamation obligation	`MineReclamationAndClosingLiabilityNoncurrent`	$185.00K	USD	Point-in-time
Reclamation obligation	`MineReclamationAndClosingLiabilityNoncurrent`	$185.00K	USD	Point-in-time
Reclamation obligation	`MineReclamationAndClosingLiabilityNoncurrent`	$185.00K	USD	Point-in-time
Reclamation obligation	`MineReclamationAndClosingLiabilityNoncurrent`	$185.00K	USD	Point-in-time
Lease liability, long-term (Note 6)	`OperatingLeaseLiabilityNoncurrent`	$67.00K	USD	Point-in-time
Lease liability, long-term (Note 6)	`OperatingLeaseLiabilityNoncurrent`	$67.00K	USD	Point-in-time
Lease liability, long-term (Note 6)	`OperatingLeaseLiabilityNoncurrent`	$98.00K	USD	Point-in-time
Lease liability, long-term (Note 6)	`OperatingLeaseLiabilityNoncurrent`	$98.00K	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`	$2.50M	USD	Point-in-time
Total Liabilities	`Liabilities`	$2.50M	USD	Point-in-time
Total Liabilities	`Liabilities`	$2.54M	USD	Point-in-time
Total Liabilities	`Liabilities`	$2.54M	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 March 31, 2025 and December 31, 2024 of 516,134,712 and 516,111,557, respectively	`CommonStockValue`	$174.17M	USD	Point-in-time
Common shares, no par value - unlimited shares authorized; shares outstanding at March 31, 2025 and December 31, 2024 of 516,134,712 and 516,111,557, respectively	`CommonStockValue`	$174.17M	USD	Point-in-time
Common shares, no par value - unlimited shares authorized; shares outstanding at March 31, 2025 and December 31, 2024 of 516,134,712 and 516,111,557, respectively	`CommonStockValue`	$174.17M	USD	Point-in-time
Common shares, no par value - unlimited shares authorized; shares outstanding at March 31, 2025 and December 31, 2024 of 516,134,712 and 516,111,557, respectively	`CommonStockValue`	$174.17M	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
Additional paid in capital	`AdditionalPaidInCapital`	$29.11M	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapital`	$29.11M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-178.49M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-178.49M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-176.09M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-176.09M	USD	Point-in-time
Total Shareholders' Equity	`StockholdersEquity`	$40.12M	USD	Point-in-time
Total Shareholders' Equity	`StockholdersEquity`	$40.12M	USD	Point-in-time
Total Shareholders' Equity	`StockholdersEquity`	$24.79M	USD	Point-in-time
Total Shareholders' Equity	`StockholdersEquity`	$24.79M	USD	Point-in-time
Total Shareholders' Equity	`StockholdersEquity`	$8.44M	USD	Point-in-time
Total Shareholders' Equity	`StockholdersEquity`	$8.44M	USD	Point-in-time
Total Shareholders' Equity	`StockholdersEquity`	$27.18M	USD	Point-in-time
Total Shareholders' Equity	`StockholdersEquity`	$27.18M	USD	Point-in-time
Total Liabilities and Shareholders' Equity	`LiabilitiesAndStockholdersEquity`	$27.33M	USD	Point-in-time
Total Liabilities and Shareholders' Equity	`LiabilitiesAndStockholdersEquity`	$29.68M	USD	Point-in-time
Total Liabilities and Shareholders' Equity	`LiabilitiesAndStockholdersEquity`	$27.33M	USD	Point-in-time
Total Liabilities and Shareholders' Equity	`LiabilitiesAndStockholdersEquity`	$29.68M	USD	Point-in-time

Income Statement 50 line items

Line Item	Tag	Value	Unit	Period
Exploration and evaluation (See Note 4 for related party costs)	`ExplorationExpense`	$1.88M	USD	1 Quarter
Exploration and evaluation (See Note 4 for related party costs)	`ExplorationExpense`	$1.88M	USD	1 Quarter
Exploration and evaluation (See Note 4 for related party costs)	`ExplorationExpense`	$2.90M	USD	1 Quarter
Exploration and evaluation (See Note 4 for related party costs)	`ExplorationExpense`	$2.90M	USD	1 Quarter
Corporate administration	`GeneralAndAdministrativeExpense`	$750.00K	USD	1 Quarter
Corporate administration	`GeneralAndAdministrativeExpense`	$750.00K	USD	1 Quarter
Corporate administration	`GeneralAndAdministrativeExpense`	$699.00K	USD	1 Quarter
Corporate administration	`GeneralAndAdministrativeExpense`	$699.00K	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$45.00K	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$45.00K	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$28.00K	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$28.00K	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$3.63M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$3.63M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$2.67M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$2.67M	USD	1 Quarter
Interest income	`InterestIncomeOther`	$81.00K	USD	1 Quarter
Interest income	`InterestIncomeOther`	$81.00K	USD	1 Quarter
Interest income	`InterestIncomeOther`	$284.00K	USD	1 Quarter
Interest income	`InterestIncomeOther`	$284.00K	USD	1 Quarter
Accretion expense	`AccretionExpense`	$71.00K	USD	1 Quarter
Accretion expense	`AccretionExpense`	$71.00K	USD	1 Quarter
Interest expense	`InterestExpenseNonoperating`	$6.00K	USD	1 Quarter
Interest expense	`InterestExpenseNonoperating`	$6.00K	USD	1 Quarter
Interest expense	`InterestExpenseNonoperating`	$7.00K	USD	1 Quarter
Interest expense	`InterestExpenseNonoperating`	$7.00K	USD	1 Quarter
Total non-operating income	`NonoperatingIncomeExpense`	$277.00K	USD	1 Quarter
Total non-operating income	`NonoperatingIncomeExpense`	$277.00K	USD	1 Quarter
Total non-operating income	`NonoperatingIncomeExpense`	$4.00K	USD	1 Quarter
Total non-operating income	`NonoperatingIncomeExpense`	$4.00K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-3.63M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-3.63M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-2.40M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-2.40M	USD	1 Quarter
LOSS PER SHARE - BASIC (in dollars per share)	`EarningsPerShareBasic`	-	USD	1 Quarter
LOSS PER SHARE - BASIC (in dollars per share)	`EarningsPerShareBasic`	-	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 - 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`	-	USD	1 Quarter
LOSS PER SHARE - DILUTED (in dollars per share)	`EarningsPerShareDiluted`	-	USD	1 Quarter
WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING, BASIC (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	320.02M	shares	1 Quarter
WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING, BASIC (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	320.02M	shares	1 Quarter
WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING, BASIC (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	516.12M	shares	1 Quarter
WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING, BASIC (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	516.12M	shares	1 Quarter
WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING, DILUTED (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	320.02M	shares	1 Quarter
WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING, DILUTED (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	516.12M	shares	1 Quarter
WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING, DILUTED (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	320.02M	shares	1 Quarter
WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING, DILUTED (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	516.12M	shares	1 Quarter

Cash Flow Statement 92 line items

Line Item	Tag	Value	Unit	Period
Net loss	`ProfitLoss`	$-2.40M	USD	1 Quarter
Net loss	`ProfitLoss`	$-2.40M	USD	1 Quarter
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$38.13M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$38.13M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$26.73M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$26.73M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$24.40M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$24.40M	USD	Point-in-time
Net loss	`ProfitLoss`	$-3.63M	USD	1 Quarter
Net loss	`ProfitLoss`	$-3.63M	USD	1 Quarter
Restricted cash, long-term	`RestrictedCashNoncurrent`	$197.00K	USD	Point-in-time
Restricted cash, long-term	`RestrictedCashNoncurrent`	$197.00K	USD	Point-in-time
Restricted cash, long-term	`RestrictedCashNoncurrent`	$195.00K	USD	Point-in-time
Restricted cash, long-term	`RestrictedCashNoncurrent`	$188.00K	USD	Point-in-time
Restricted cash, long-term	`RestrictedCashNoncurrent`	$188.00K	USD	Point-in-time
Restricted cash, long-term	`RestrictedCashNoncurrent`	$195.00K	USD	Point-in-time
Total of cash, cash equivalents and restricted cash - end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$26.93M	USD	Point-in-time
Total of cash, cash equivalents and restricted cash - end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$38.32M	USD	Point-in-time
Total of cash, cash equivalents and restricted cash - end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$38.32M	USD	Point-in-time
Total of cash, cash equivalents and restricted cash - end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$24.60M	USD	Point-in-time
Total of cash, cash equivalents and restricted cash - end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$24.60M	USD	Point-in-time
Total of cash, cash equivalents and restricted cash - end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$26.93M	USD	Point-in-time
Depreciation and accretion expense	`DepreciationAmortizationAndAccretionNet`	$72.00K	USD	1 Quarter
Depreciation and accretion expense	`DepreciationAmortizationAndAccretionNet`	$72.00K	USD	1 Quarter
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`	$5.00K	USD	1 Quarter
Depreciation and accretion expense	`DepreciationAmortizationAndAccretionNet`	$5.00K	USD	1 Quarter
Right of use asset amortization	`OperatingLeaseRightOfUseAssetAmortizationExpense`	$26.00K	USD	1 Quarter
Right of use asset amortization	`OperatingLeaseRightOfUseAssetAmortizationExpense`	$26.00K	USD	1 Quarter
Right of use asset amortization	`OperatingLeaseRightOfUseAssetAmortizationExpense`	$40.00K	USD	1 Quarter
Right of use asset amortization	`OperatingLeaseRightOfUseAssetAmortizationExpense`	$40.00K	USD	1 Quarter
Lease liability	`ProvisionForLoanLeaseAndOtherLosses`	$-26.00K	USD	1 Quarter
Lease liability	`ProvisionForLoanLeaseAndOtherLosses`	$-26.00K	USD	1 Quarter
Lease liability	`ProvisionForLoanLeaseAndOtherLosses`	$-42.00K	USD	1 Quarter
Lease liability	`ProvisionForLoanLeaseAndOtherLosses`	$-42.00K	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$18.00K	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$18.00K	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$4.00K	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$4.00K	USD	1 Quarter
Other	`OtherNoncashIncomeExpense`	$-197.00K	USD	1 Quarter
Other	`OtherNoncashIncomeExpense`	$-197.00K	USD	1 Quarter
Total adjustments to reconcile net loss to net cash used in operating activities	`AdjustmentsToReconcileNetIncomeLossToCashUsedInProvidedByOperatingActivities`	$-2.39M	USD	1 Quarter
Total adjustments to reconcile net loss to net cash used in operating activities	`AdjustmentsToReconcileNetIncomeLossToCashUsedInProvidedByOperatingActivities`	$-2.39M	USD	1 Quarter
Total adjustments to reconcile net loss to net cash used in operating activities	`AdjustmentsToReconcileNetIncomeLossToCashUsedInProvidedByOperatingActivities`	$-3.34M	USD	1 Quarter
Total adjustments to reconcile net loss to net cash used in operating activities	`AdjustmentsToReconcileNetIncomeLossToCashUsedInProvidedByOperatingActivities`	$-3.34M	USD	1 Quarter
Due from related party	`IncreaseDecreaseInDueFromRelatedParties`	$450.00K	USD	1 Quarter
Due from related party	`IncreaseDecreaseInDueFromRelatedParties`	$450.00K	USD	1 Quarter
Due from related party	`IncreaseDecreaseInDueFromRelatedParties`	$-375.00K	USD	1 Quarter
Due from related party	`IncreaseDecreaseInDueFromRelatedParties`	$-375.00K	USD	1 Quarter
Grant collection	`IncreaseDecreaseInGrantReceivable`	$-2.00M	USD	1 Quarter
Grant collection	`IncreaseDecreaseInGrantReceivable`	$-2.00M	USD	1 Quarter
Prepaid expenses and other	`IncreaseDecreaseInPrepaidExpensesOther`	$-885.00K	USD	1 Quarter
Prepaid expenses and other	`IncreaseDecreaseInPrepaidExpensesOther`	$-885.00K	USD	1 Quarter
Prepaid expenses and other	`IncreaseDecreaseInPrepaidExpensesOther`	$-40.00K	USD	1 Quarter
Prepaid expenses and other	`IncreaseDecreaseInPrepaidExpensesOther`	$-40.00K	USD	1 Quarter
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$120.00K	USD	1 Quarter
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$120.00K	USD	1 Quarter
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-296.00K	USD	1 Quarter
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-296.00K	USD	1 Quarter
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-2.27M	USD	1 Quarter
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-2.27M	USD	1 Quarter
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-784.00K	USD	1 Quarter
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-784.00K	USD	1 Quarter
Purchase of equipment	`PaymentsToAcquireMachineryAndEquipment`	$59.00K	USD	1 Quarter
Purchase of equipment	`PaymentsToAcquireMachineryAndEquipment`	$59.00K	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-59.00K	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-59.00K	USD	1 Quarter
Financing transaction, net	`ProceedsFromIssuanceOfCommonStock`	$35.29M	USD	1 Quarter
Financing transaction, net	`ProceedsFromIssuanceOfCommonStock`	$35.29M	USD	1 Quarter
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$35.29M	USD	1 Quarter
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$35.29M	USD	1 Quarter
Net change in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$-2.33M	USD	1 Quarter
Net change in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$-2.33M	USD	1 Quarter
Net change in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$34.50M	USD	1 Quarter
Net change in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$34.50M	USD	1 Quarter
Cash, cash equivalents and restricted cash- beginning of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$26.93M	USD	Point-in-time
Cash, cash equivalents and restricted cash- beginning of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$38.32M	USD	Point-in-time
Cash, cash equivalents and restricted cash- beginning of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$38.32M	USD	Point-in-time
Cash, cash equivalents and restricted cash- beginning of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$24.60M	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`	$26.93M	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`	$24.60M	USD	Point-in-time
Cash, cash equivalents and restricted cash- end of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$24.60M	USD	Point-in-time
Cash, cash equivalents and restricted cash- end of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$24.60M	USD	Point-in-time
Cash, cash equivalents and restricted cash- end of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$26.93M	USD	Point-in-time
Cash, cash equivalents and restricted cash- end of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$38.32M	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`	$26.93M	USD	Point-in-time
Cash, cash equivalents and restricted cash- end of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$38.32M	USD	Point-in-time

Stockholders Equity 36 line items

Line Item	Tag	Value	Unit	Period
Beginning balance	`StockholdersEquity`	$40.12M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$40.12M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$24.79M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$24.79M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$8.44M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$8.44M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$27.18M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$27.18M	USD	Point-in-time
2024 Rights Offering, amount	`StockIssuedDuringPeriodValueNewIssues`	$35.29M	USD	1 Quarter
2024 Rights Offering, amount	`StockIssuedDuringPeriodValueNewIssues`	$35.29M	USD	1 Quarter
Stock option exercises, shares	`StockIssuedDuringPeriodSharesStockOptionsExercised`	50,000.00	shares	1 Quarter
Stock option exercises, shares	`StockIssuedDuringPeriodSharesStockOptionsExercised`	50,000.00	shares	1 Quarter
Stock option exercises, shares	`StockIssuedDuringPeriodSharesStockOptionsExercised`	400,000.00	shares	1 Quarter
Stock option exercises, shares	`StockIssuedDuringPeriodSharesStockOptionsExercised`	400,000.00	shares	1 Quarter
Stock option exercises, shares	`StockIssuedDuringPeriodSharesStockOptionsExercised`	400,000.00	shares	Point-in-time
Stock option exercises, shares	`StockIssuedDuringPeriodSharesStockOptionsExercised`	400,000.00	shares	Point-in-time
Stock option exercises, amount	`StockIssuedDuringPeriodValueStockOptionsExercised`	-	USD	1 Quarter
Stock option exercises, amount	`StockIssuedDuringPeriodValueStockOptionsExercised`	-	USD	1 Quarter
Stock option exercises, amount	`StockIssuedDuringPeriodValueStockOptionsExercised`	-	USD	1 Quarter
Stock option exercises, amount	`StockIssuedDuringPeriodValueStockOptionsExercised`	-	USD	1 Quarter
Stock-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$4.00K	USD	1 Quarter
Stock-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$4.00K	USD	1 Quarter
Stock-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$18.00K	USD	1 Quarter
Stock-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$18.00K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-2.40M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-2.40M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-3.63M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-3.63M	USD	1 Quarter
Ending balance	`StockholdersEquity`	$27.18M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$40.12M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$40.12M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$24.79M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$24.79M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$8.44M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$8.44M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$27.18M	USD	Point-in-time

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