10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0001558370-16-005558 |
| Period End Date | 20160331 |
| Filing Date | 20160506 |
| Fiscal Year | 2016 |
| Fiscal Period | Q1 |
| XBRL Instance | urg-20160331.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
68 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Class A preferred shares, without par value |
PreferredStockNoParValue
|
- | USD | Point-in-time |
| Class A preferred shares, without par value |
PreferredStockNoParValue
|
- | USD | Point-in-time |
| Class A preferred shares, shares issued |
PreferredStockSharesIssued
|
0.00 | shares | Point-in-time |
| Class A preferred shares, shares issued |
PreferredStockSharesIssued
|
0.00 | shares | Point-in-time |
| Class A preferred shares, shares outstanding |
PreferredStockSharesOutstanding
|
0.00 | shares | Point-in-time |
| Class A preferred shares, shares outstanding |
PreferredStockSharesOutstanding
|
0.00 | shares | Point-in-time |
| Cash and cash equivalents (note 3) |
CashAndCashEquivalentsAtCarryingValue
|
$3.10M | USD | Point-in-time |
| Cash and cash equivalents (note 3) |
CashAndCashEquivalentsAtCarryingValue
|
$7.32M | USD | Point-in-time |
| Cash and cash equivalents (note 3) |
CashAndCashEquivalentsAtCarryingValue
|
$1.44M | USD | Point-in-time |
| Cash and cash equivalents (note 3) |
CashAndCashEquivalentsAtCarryingValue
|
$2.18M | USD | Point-in-time |
| Accounts receivable |
ReceivablesNetCurrent
|
$12.00K | USD | Point-in-time |
| Common shares, without par value |
CommonStockNoParValue
|
- | USD | Point-in-time |
| Common shares, without par value |
CommonStockNoParValue
|
- | USD | Point-in-time |
| Accounts receivable |
ReceivablesNetCurrent
|
$9.00K | USD | Point-in-time |
| Common shares, Shares issued |
CommonStockSharesIssued
|
130.19M | shares | Point-in-time |
| Inventory (note 4) |
InventoryNet
|
$5.93M | USD | Point-in-time |
| Common shares, Shares issued |
CommonStockSharesIssued
|
143.44M | shares | Point-in-time |
| Inventory (note 4) |
InventoryNet
|
$3.35M | USD | Point-in-time |
| Common shares, Shares outstanding |
CommonStockSharesOutstanding
|
143.44M | shares | Point-in-time |
| Prepaid expenses |
PrepaidExpenseCurrent
|
$1.10M | USD | Point-in-time |
| Prepaid expenses |
PrepaidExpenseCurrent
|
$916.00K | USD | Point-in-time |
| Common shares, Shares outstanding |
CommonStockSharesOutstanding
|
130.19M | shares | Point-in-time |
| Assets, Current, Total |
AssetsCurrent
|
$14.36M | USD | Point-in-time |
| Assets, Current, Total |
AssetsCurrent
|
$5.71M | USD | Point-in-time |
| Restricted cash (note 5) |
RestrictedCashAndCashEquivalentsNoncurrent
|
$7.56M | USD | Point-in-time |
| Restricted cash (note 5) |
RestrictedCashAndCashEquivalentsNoncurrent
|
$7.56M | USD | Point-in-time |
| Mineral properties (note 6) |
MineralPropertiesNet
|
$50.61M | USD | Point-in-time |
| Mineral properties (note 6) |
MineralPropertiesNet
|
$50.05M | USD | Point-in-time |
| Capital assets (note 7) |
PropertyPlantAndEquipmentNet
|
$30.79M | USD | Point-in-time |
| Capital assets (note 7) |
PropertyPlantAndEquipmentNet
|
$30.35M | USD | Point-in-time |
| Equity investment (note 8) |
EquityMethodInvestments
|
$1.09M | USD | Point-in-time |
| Equity investment (note 8) |
EquityMethodInvestments
|
$900.00K | USD | Point-in-time |
| Assets, Total |
Assets
|
$103.22M | USD | Point-in-time |
| Assets, Total |
Assets
|
$95.76M | USD | Point-in-time |
| Accounts payable and accrued liabilities (note 9) |
AccountsPayableAndAccruedLiabilitiesCurrent
|
$4.57M | USD | Point-in-time |
| Accounts payable and accrued liabilities (note 9) |
AccountsPayableAndAccruedLiabilitiesCurrent
|
$5.68M | USD | Point-in-time |
| Current portion of notes payable (note 10) |
LongTermDebtCurrent
|
$8.53M | USD | Point-in-time |
| Current portion of notes payable (note 10) |
LongTermDebtCurrent
|
$7.52M | USD | Point-in-time |
| Accrued federal income tax |
AccruedIncomeTaxesCurrent
|
$43.00K | USD | Point-in-time |
| Deferred revenue (note 11) |
DeferredRevenueCurrent
|
$5.08M | USD | Point-in-time |
| Environmental remediation accrual |
AccruedReclamationCostsCurrent
|
$86.00K | USD | Point-in-time |
| Environmental remediation accrual |
AccruedReclamationCostsCurrent
|
$86.00K | USD | Point-in-time |
| Liabilities, Current, Total |
LiabilitiesCurrent
|
$13.22M | USD | Point-in-time |
| Liabilities, Current, Total |
LiabilitiesCurrent
|
$18.37M | USD | Point-in-time |
| Notes payable (note 10) |
LongTermDebtNoncurrent
|
$22.84M | USD | Point-in-time |
| Notes payable (note 10) |
LongTermDebtNoncurrent
|
$23.94M | USD | Point-in-time |
| Asset retirement obligations (note 12) |
AssetRetirementObligationsNoncurrent
|
$26.06M | USD | Point-in-time |
| Asset retirement obligations (note 12) |
AssetRetirementObligationsNoncurrent
|
$26.34M | USD | Point-in-time |
| Other liabilities - warrants |
OtherLiabilitiesNoncurrent
|
$35.00K | USD | Point-in-time |
| Other liabilities - warrants |
OtherLiabilitiesNoncurrent
|
$5.00K | USD | Point-in-time |
| Liabilities |
Liabilities
|
$67.56M | USD | Point-in-time |
| Liabilities |
Liabilities
|
$63.26M | USD | Point-in-time |
| Class A preferred shares, without par value, unlimited shares authorized; no shares issued and outstanding |
PreferredStockValue
|
- | USD | Point-in-time |
| Class A preferred shares, without par value, unlimited shares authorized; no shares issued and outstanding |
PreferredStockValue
|
- | USD | Point-in-time |
| Common shares, without par value, unlimited shares authorized; shares issued and outstanding: 143,440,573 at March 31, 2016 and 130,188,775 at December 31, 2015 |
CommonStockValue
|
$168.91M | USD | Point-in-time |
| Common shares, without par value, unlimited shares authorized; shares issued and outstanding: 143,440,573 at March 31, 2016 and 130,188,775 at December 31, 2015 |
CommonStockValue
|
$174.87M | USD | Point-in-time |
| Warrants |
WarrantsAndRightsOutstanding
|
$4.17M | USD | Point-in-time |
| Warrants |
WarrantsAndRightsOutstanding
|
$4.11M | USD | Point-in-time |
| Contributed surplus |
OtherAdditionalCapital
|
$14.63M | USD | Point-in-time |
| Contributed surplus |
OtherAdditionalCapital
|
$14.64M | USD | Point-in-time |
| Accumulated other comprehensive income |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$3.36M | USD | Point-in-time |
| Accumulated other comprehensive income |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$3.61M | USD | Point-in-time |
| Deficit |
RetainedEarningsAccumulatedDeficit
|
$-161.56M | USD | Point-in-time |
| Deficit |
RetainedEarningsAccumulatedDeficit
|
$-158.57M | USD | Point-in-time |
| Stockholders'Equity Attributable to Parent, Total |
StockholdersEquity
|
$35.66M | USD | Point-in-time |
| Stockholders'Equity Attributable to Parent, Total |
StockholdersEquity
|
$32.50M | USD | Point-in-time |
| Liabilities and Equity, Total |
LiabilitiesAndStockholdersEquity
|
$103.22M | USD | Point-in-time |
| Liabilities and Equity, Total |
LiabilitiesAndStockholdersEquity
|
$95.76M | USD | Point-in-time |
Income Statement
36 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Sales (note 14) |
SalesRevenueNet
|
$7.39M | USD | 1 Quarter |
| Sales (note 14) |
SalesRevenueNet
|
$2.71M | USD | 1 Quarter |
| Cost of sales |
CostOfRevenue
|
$1.85M | USD | 1 Quarter |
| Cost of sales |
CostOfRevenue
|
$5.39M | USD | 1 Quarter |
| Gross profit |
GrossProfit
|
$2.00M | USD | 1 Quarter |
| Gross profit |
GrossProfit
|
$859.00K | USD | 1 Quarter |
| Exploration and evaluation |
ExplorationExpenseMining
|
$685.00K | USD | 1 Quarter |
| Exploration and evaluation |
ExplorationExpenseMining
|
$855.00K | USD | 1 Quarter |
| Development |
ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost
|
$549.00K | USD | 1 Quarter |
| Development |
ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost
|
$1.03M | USD | 1 Quarter |
| General and administrative |
GeneralAndAdministrativeExpense
|
$1.52M | USD | 1 Quarter |
| General and administrative |
GeneralAndAdministrativeExpense
|
$1.36M | USD | 1 Quarter |
| Accretion of asset retirement obligations (Note 12) |
AccretionExpense
|
$126.00K | USD | 1 Quarter |
| Accretion of asset retirement obligations (Note 12) |
AccretionExpense
|
$133.00K | USD | 1 Quarter |
| Loss from operations |
OperatingIncomeLoss
|
$-2.04M | USD | 1 Quarter |
| Loss from operations |
OperatingIncomeLoss
|
$-1.36M | USD | 1 Quarter |
| Interest expense (net) |
InterestIncomeExpenseNet
|
$-554.00K | USD | 1 Quarter |
| Interest expense (net) |
InterestIncomeExpenseNet
|
$-688.00K | USD | 1 Quarter |
| Write-off of equity investments (note 8) |
AssetImpairmentCharges
|
$189.00K | USD | 1 Quarter |
| Warrants mark to market adjustment (note 14) |
FairValueAdjustmentOfWarrants
|
$-31.00K | USD | 1 Quarter |
| Warrants mark to market adjustment (note 14) |
FairValueAdjustmentOfWarrants
|
$77.00K | USD | 1 Quarter |
| Foreign exchange gain (loss) |
ForeignCurrencyTransactionGainLossBeforeTax
|
$-272.00K | USD | 1 Quarter |
| Foreign exchange gain (loss) |
ForeignCurrencyTransactionGainLossBeforeTax
|
$1.00K | USD | 1 Quarter |
| Other income (loss) |
OtherNonoperatingIncomeExpense
|
$38.00K | USD | 1 Quarter |
| Net loss for the year |
NetIncomeLoss
|
$-2.12M | USD | 1 Quarter |
| Net loss for the year |
NetIncomeLoss
|
$-2.99M | USD | 1 Quarter |
| Basic and diluted |
EarningsPerShareBasicAndDiluted
|
$-0.02 | USD | 1 Quarter |
| Basic and diluted |
EarningsPerShareBasicAndDiluted
|
$-0.02 | USD | 1 Quarter |
| Basic and diluted |
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
129.71M | shares | 1 Quarter |
| Basic and diluted |
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
136.47M | shares | 1 Quarter |
| Net loss for the year |
NetIncomeLoss
|
$-2.12M | USD | 1 Quarter |
| Net loss for the year |
NetIncomeLoss
|
$-2.99M | USD | 1 Quarter |
| Translation adjustment on foreign operations |
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
$252.00K | USD | 1 Quarter |
| Translation adjustment on foreign operations |
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
$26.00K | USD | 1 Quarter |
| Comprehensive loss for the period |
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
$-2.74M | USD | 1 Quarter |
| Comprehensive loss for the period |
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
$-2.10M | USD | 1 Quarter |
Cash Flow Statement
54 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net loss for the period |
NetIncomeLoss
|
$-2.12M | USD | 1 Quarter |
| Net loss for the period |
NetIncomeLoss
|
$-2.99M | USD | 1 Quarter |
| Stock based expense |
ShareBasedCompensation
|
$188.00K | USD | 1 Quarter |
| Stock based expense |
ShareBasedCompensation
|
$209.00K | USD | 1 Quarter |
| Stock based expense |
ShareBasedCompensation
|
$200.00K | USD | Annual |
| Depreciation and amortization |
DepreciationDepletionAndAmortization
|
$1.26M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationDepletionAndAmortization
|
$1.86M | USD | 1 Quarter |
| Accretion of asset retirement obligation |
AccretionExpense
|
$126.00K | USD | 1 Quarter |
| Accretion of asset retirement obligation |
AccretionExpense
|
$133.00K | USD | 1 Quarter |
| Amortization of deferred loan costs |
AmortizationOfFinancingCosts
|
$37.00K | USD | 1 Quarter |
| Amortization of deferred loan costs |
AmortizationOfFinancingCosts
|
$7.00K | USD | 1 Quarter |
| Write off of investments |
AssetImpairmentCharges
|
$189.00K | USD | 1 Quarter |
| Warrants mark to market gain (loss) |
FairValueAdjustmentOfWarrants
|
$-31.00K | USD | 1 Quarter |
| Warrants mark to market gain (loss) |
FairValueAdjustmentOfWarrants
|
$77.00K | USD | 1 Quarter |
| Gain on disposition of assets |
GainLossOnDispositionOfAssets
|
$37.00K | USD | 1 Quarter |
| RSUs redeemed for cash |
RestrictedStockUnitRedeemedForCash
|
$9.00K | USD | 1 Quarter |
| RSUs redeemed for cash |
RestrictedStockUnitRedeemedForCash
|
$59.00K | USD | 1 Quarter |
| Proceeds from assignment of sales contract |
GainLossOnSaleOfProject
|
$-5.08M | USD | 1 Quarter |
| Accounts receivable |
IncreaseDecreaseInReceivables
|
$-15.00K | USD | 1 Quarter |
| Accounts receivable |
IncreaseDecreaseInReceivables
|
$4.00K | USD | 1 Quarter |
| Inventory |
IncreaseDecreaseInInventories
|
$2.59M | USD | 1 Quarter |
| Inventory |
IncreaseDecreaseInInventories
|
$-465.00K | USD | 1 Quarter |
| Prepaid expenses |
IncreaseDecreaseInPrepaidExpense
|
$72.00K | USD | 1 Quarter |
| Prepaid expenses |
IncreaseDecreaseInPrepaidExpense
|
$-60.00K | USD | 1 Quarter |
| Accounts payable and accrued liabilities |
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
$11.00K | USD | 1 Quarter |
| Accounts payable and accrued liabilities |
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
$697.00K | USD | 1 Quarter |
| Accrued income taxes |
IncreaseDecreaseInAccruedTaxesPayable
|
$30.00K | USD | 1 Quarter |
| Net Cash Provided by (Used in) Operating Activities, Total |
NetCashProvidedByUsedInOperatingActivities
|
$1.91M | USD | 1 Quarter |
| Net Cash Provided by (Used in) Operating Activities, Total |
NetCashProvidedByUsedInOperatingActivities
|
$628.00K | USD | 1 Quarter |
| Proceeds from sale of property and equipment |
ProceedsFromSaleOfPropertyPlantAndEquipment
|
$58.00K | USD | 1 Quarter |
| Purchase of capital assets |
PaymentsToAcquirePropertyPlantAndEquipment
|
$70.00K | USD | 1 Quarter |
| Purchase of capital assets |
PaymentsToAcquirePropertyPlantAndEquipment
|
$24.00K | USD | 1 Quarter |
| Net Cash Provided by (Used in) Investing Activities, Total |
NetCashProvidedByUsedInInvestingActivities
|
$-24.00K | USD | 1 Quarter |
| Net Cash Provided by (Used in) Investing Activities, Total |
NetCashProvidedByUsedInInvestingActivities
|
$-12.00K | USD | 1 Quarter |
| Issuance of common shares and warrants for cash |
ProceedsFromIssuanceOfCommonStockAndWarrantsNe
|
$6.46M | USD | 1 Quarter |
| Share issue costs |
PaymentsOfStockIssuanceCosts
|
$608.00K | USD | 1 Quarter |
| Proceeds from exercise of stock options |
ProceedsFromStockOptionsExercised
|
$302.00K | USD | 1 Quarter |
| Proceeds from exercise of stock options |
ProceedsFromStockOptionsExercised
|
$9.00K | USD | 1 Quarter |
| Repayment of debt |
RepaymentsOfShortTermDebt
|
$1.82M | USD | 1 Quarter |
| Repayment of debt |
RepaymentsOfShortTermDebt
|
$2.15M | USD | 1 Quarter |
| Net Cash Provided by (Used in) Financing Activities, Total |
NetCashProvidedByUsedInFinancingActivities
|
$-1.52M | USD | 1 Quarter |
| Net Cash Provided by (Used in) Financing Activities, Total |
NetCashProvidedByUsedInFinancingActivities
|
$3.71M | USD | 1 Quarter |
| Effects of foreign exchange rate changes on cash |
EffectOfExchangeRateOnCashAndCashEquivalents
|
$-6.00K | USD | 1 Quarter |
| Effects of foreign exchange rate changes on cash |
EffectOfExchangeRateOnCashAndCashEquivalents
|
$266.00K | USD | 1 Quarter |
| Net change in cash and cash equivalents |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$5.87M | USD | 1 Quarter |
| Net change in cash and cash equivalents |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$-922.00K | USD | 1 Quarter |
| Beginning cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$3.10M | USD | Point-in-time |
| Beginning cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$7.32M | USD | Point-in-time |
| Beginning cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$1.44M | USD | Point-in-time |
| Beginning cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$2.18M | USD | Point-in-time |
| Ending cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$3.10M | USD | Point-in-time |
| Ending cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$7.32M | USD | Point-in-time |
| Ending cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$1.44M | USD | Point-in-time |
| Ending cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$2.18M | USD | Point-in-time |
Stockholders Equity
11 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Stock issuance costs |
AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts
|
$766.00K | USD | 1 Quarter |
| Beginning Balance |
StockholdersEquity
|
$35.66M | USD | Point-in-time |
| Beginning Balance |
StockholdersEquity
|
$32.50M | USD | Point-in-time |
| Exercise of stock options |
StockIssuedDuringPeriodValueStockOptionsExercised
|
$9.00K | USD | 1 Quarter |
| Exercise of stock options (in shares) |
StockIssuedDuringPeriodSharesStockOptionsExercised
|
16,620.00 | shares | 1 Quarter |
| Common shares issued for cash, net $766 of issue costs |
StockIssuedDuringPeriodValueNewIssues
|
$5.69M | USD | 1 Quarter |
| Redemption of vested RSUs |
StockIssuedDuringPeriodValueRestrictedStockAwardForfeitures
|
$11.00K | USD | 1 Quarter |
| Non-cash stock compensation |
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
$209.00K | USD | 1 Quarter |
| Net loss and comprehensive (loss) income |
NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest
|
$-2.74M | USD | 1 Quarter |
| Ending Balance |
StockholdersEquity
|
$35.66M | USD | Point-in-time |
| Ending Balance |
StockholdersEquity
|
$32.50M | USD | Point-in-time |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.