10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0001558370-18-004053 |
| Period End Date | 20180331 |
| Filing Date | 20180504 |
| Fiscal Year | 2018 |
| Fiscal Period | Q1 |
| XBRL Instance | urg-20180331.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
56 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Cash and cash equivalents (note 3) |
CashAndCashEquivalentsAtCarryingValue
|
$3.88M | USD | Point-in-time |
| Cash and cash equivalents (note 3) |
CashAndCashEquivalentsAtCarryingValue
|
$9.17M | USD | Point-in-time |
| Cash and cash equivalents (note 3) |
CashAndCashEquivalentsAtCarryingValue
|
$8.39M | USD | Point-in-time |
| Accounts receivable |
ReceivablesNetCurrent
|
$51.00K | 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
|
$33.00K | USD | Point-in-time |
| Inventory (note 4) |
InventoryNet
|
$4.51M | USD | Point-in-time |
| Common shares, Shares issued |
CommonStockSharesIssued
|
146.53M | shares | Point-in-time |
| Common shares, Shares issued |
CommonStockSharesIssued
|
146.60M | shares | Point-in-time |
| Inventory (note 4) |
InventoryNet
|
$7.00M | USD | Point-in-time |
| Prepaid expenses |
PrepaidExpenseCurrent
|
$979.00K | USD | Point-in-time |
| Common shares, Shares outstanding |
CommonStockSharesOutstanding
|
146.53M | shares | Point-in-time |
| Common shares, Shares outstanding |
CommonStockSharesOutstanding
|
146.60M | shares | Point-in-time |
| Prepaid expenses |
PrepaidExpenseCurrent
|
$741.00K | USD | Point-in-time |
| Assets, Current, Total |
AssetsCurrent
|
$17.20M | USD | Point-in-time |
| Assets, Current, Total |
AssetsCurrent
|
$9.17M | USD | Point-in-time |
| Restricted cash (note 5) |
RestrictedCashAndCashEquivalentsNoncurrent
|
$7.56M | USD | Point-in-time |
| Restricted cash (note 5) |
RestrictedCashAndCashEquivalentsNoncurrent
|
$7.46M | USD | Point-in-time |
| Restricted cash (note 5) |
RestrictedCashAndCashEquivalentsNoncurrent
|
$7.56M | USD | Point-in-time |
| Mineral properties (note 6) |
MineralPropertiesNet
|
$44.68M | USD | Point-in-time |
| Mineral properties (note 6) |
MineralPropertiesNet
|
$44.26M | USD | Point-in-time |
| Capital assets (note 7) |
PropertyPlantAndEquipmentNet
|
$26.54M | USD | Point-in-time |
| Capital assets (note 7) |
PropertyPlantAndEquipmentNet
|
$26.96M | USD | Point-in-time |
| Assets, Noncurrent, Total |
AssetsNoncurrent
|
$79.20M | USD | Point-in-time |
| Assets, Noncurrent, Total |
AssetsNoncurrent
|
$78.25M | USD | Point-in-time |
| Assets, Total |
Assets
|
$95.45M | USD | Point-in-time |
| Assets, Total |
Assets
|
$88.36M | USD | Point-in-time |
| Accounts payable and accrued liabilities (note 8) |
AccountsPayableAndAccruedLiabilitiesCurrent
|
$4.41M | USD | Point-in-time |
| Accounts payable and accrued liabilities (note 8) |
AccountsPayableAndAccruedLiabilitiesCurrent
|
$3.04M | USD | Point-in-time |
| Current portion of notes payable (note 9) |
LongTermDebtCurrent
|
$4.84M | USD | Point-in-time |
| Current portion of notes payable (note 9) |
LongTermDebtCurrent
|
$4.77M | USD | Point-in-time |
| Environmental remediation accrual |
AccruedReclamationCostsCurrent
|
$72.00K | USD | Point-in-time |
| Environmental remediation accrual |
AccruedReclamationCostsCurrent
|
$72.00K | USD | Point-in-time |
| Liabilities, Current, Total |
LiabilitiesCurrent
|
$7.88M | USD | Point-in-time |
| Liabilities, Current, Total |
LiabilitiesCurrent
|
$9.33M | USD | Point-in-time |
| Notes payable (note 9) |
LongTermDebtNoncurrent
|
$13.42M | USD | Point-in-time |
| Notes payable (note 9) |
LongTermDebtNoncurrent
|
$14.66M | USD | Point-in-time |
| Asset retirement obligations (note 10) |
AssetRetirementObligationsNoncurrent
|
$27.16M | USD | Point-in-time |
| Asset retirement obligations (note 10) |
AssetRetirementObligationsNoncurrent
|
$27.04M | USD | Point-in-time |
| Liabilities |
Liabilities
|
$49.58M | USD | Point-in-time |
| Liabilities |
Liabilities
|
$49.91M | USD | Point-in-time |
| Common shares, without par value, unlimited shares authorized; shares issued and outstanding: 146,599,652 at March 31, 2018 and 146,531,933 at December 31, 2017 |
CommonStockValue
|
$177.12M | USD | Point-in-time |
| Common shares, without par value, unlimited shares authorized; shares issued and outstanding: 146,599,652 at March 31, 2018 and 146,531,933 at December 31, 2017 |
CommonStockValue
|
$177.06M | USD | Point-in-time |
| Warrants |
WarrantsAndRightsOutstanding
|
$4.11M | USD | Point-in-time |
| Warrants |
WarrantsAndRightsOutstanding
|
$4.11M | USD | Point-in-time |
| Contributed surplus |
AdditionalPaidInCapitalCommonStock
|
$15.45M | USD | Point-in-time |
| Contributed surplus |
AdditionalPaidInCapitalCommonStock
|
$15.75M | USD | Point-in-time |
| Accumulated other comprehensive income |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$3.66M | USD | Point-in-time |
| Accumulated other comprehensive income |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$3.64M | USD | Point-in-time |
| Deficit |
RetainedEarningsAccumulatedDeficit
|
$-155.09M | USD | Point-in-time |
| Deficit |
RetainedEarningsAccumulatedDeficit
|
$-161.51M | USD | Point-in-time |
| Stockholders'Equity Attributable to Parent, Total |
StockholdersEquity
|
$38.78M | USD | Point-in-time |
| Stockholders'Equity Attributable to Parent, Total |
StockholdersEquity
|
$45.54M | USD | Point-in-time |
| Liabilities and Equity, Total |
LiabilitiesAndStockholdersEquity
|
$88.36M | USD | Point-in-time |
| Liabilities and Equity, Total |
LiabilitiesAndStockholdersEquity
|
$95.45M | USD | Point-in-time |
Income Statement
39 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Sales (note 12) |
SalesRevenueNet
|
$19.67M | USD | 1 Quarter |
| Sales (note 12) |
SalesRevenueNet
|
$14.83M | USD | 1 Quarter |
| Cost of sales |
CostOfRevenue
|
$9.76M | USD | 1 Quarter |
| Cost of sales |
CostOfRevenue
|
$6.29M | USD | 1 Quarter |
| Gross profit |
GrossProfit
|
$9.91M | USD | 1 Quarter |
| Gross profit |
GrossProfit
|
$8.53M | USD | 1 Quarter |
| Exploration and evaluation |
ExplorationExpenseMining
|
$912.00K | USD | 1 Quarter |
| Exploration and evaluation |
ExplorationExpenseMining
|
$766.00K | USD | 1 Quarter |
| Development |
ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost
|
$216.00K | USD | 1 Quarter |
| Development |
ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost
|
$432.00K | USD | 1 Quarter |
| General and administrative |
GeneralAndAdministrativeExpense
|
$1.92M | USD | 1 Quarter |
| General and administrative |
GeneralAndAdministrativeExpense
|
$1.71M | USD | 1 Quarter |
| Accretion of asset retirement obligations (Note 10) |
AssetRetirementObligationAccretionExpense
|
$126.00K | USD | 1 Quarter |
| Accretion of asset retirement obligations (Note 10) |
AssetRetirementObligationAccretionExpense
|
$527.00K | USD | Annual |
| Accretion of asset retirement obligations (Note 10) |
AssetRetirementObligationAccretionExpense
|
$132.00K | USD | 1 Quarter |
| Income (loss) from operations |
OperatingIncomeLoss
|
$6.67M | USD | 1 Quarter |
| Income (loss) from operations |
OperatingIncomeLoss
|
$5.56M | USD | 1 Quarter |
| Net interest expense |
InterestIncomeExpenseNet
|
$-378.00K | USD | 1 Quarter |
| Net interest expense |
InterestIncomeExpenseNet
|
$-288.00K | USD | 1 Quarter |
| Loss on equity investment |
IncomeLossFromEquityMethodInvestments
|
$-1.00K | USD | 1 Quarter |
| Foreign exchange gain |
ForeignCurrencyTransactionGainLossBeforeTax
|
$8.00K | USD | 1 Quarter |
| Foreign exchange gain |
ForeignCurrencyTransactionGainLossBeforeTax
|
$6.00K | USD | 1 Quarter |
| Other income |
OtherNonoperatingIncomeExpense
|
$33.00K | USD | 1 Quarter |
| Net income for the period |
NetIncomeLoss
|
$6.42M | USD | 1 Quarter |
| Net income for the period |
NetIncomeLoss
|
$5.19M | USD | 1 Quarter |
| Basic |
EarningsPerShareBasic
|
$0.04 | USD | 1 Quarter |
| Basic |
EarningsPerShareBasic
|
$0.04 | USD | 1 Quarter |
| Diluted |
EarningsPerShareDiluted
|
$0.03 | USD | 1 Quarter |
| Diluted |
EarningsPerShareDiluted
|
$0.04 | USD | 1 Quarter |
| Basic |
WeightedAverageNumberOfSharesOutstandingBasic
|
145.32M | shares | 1 Quarter |
| Basic |
WeightedAverageNumberOfSharesOutstandingBasic
|
146.57M | shares | 1 Quarter |
| Diluted |
WeightedAverageNumberOfDilutedSharesOutstanding
|
147.82M | shares | 1 Quarter |
| Diluted |
WeightedAverageNumberOfDilutedSharesOutstanding
|
149.90M | shares | 1 Quarter |
| Net income (loss) for the period |
NetIncomeLoss
|
$6.42M | USD | 1 Quarter |
| Net income (loss) for the period |
NetIncomeLoss
|
$5.19M | USD | 1 Quarter |
| Translation adjustment on foreign operations |
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
|
$-11.00K | USD | 1 Quarter |
| Translation adjustment on foreign operations |
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
|
$-21.00K | USD | 1 Quarter |
| Comprehensive income (loss) for the period |
ComprehensiveIncomeNetOfTax
|
$6.40M | USD | 1 Quarter |
| Comprehensive income (loss) for the period |
ComprehensiveIncomeNetOfTax
|
$5.18M | USD | 1 Quarter |
Cash Flow Statement
51 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income (loss) for the period |
NetIncomeLoss
|
$6.42M | USD | 1 Quarter |
| Net income (loss) for the period |
NetIncomeLoss
|
$5.19M | USD | 1 Quarter |
| Stock based expense |
ShareBasedCompensation
|
$287.00K | USD | 1 Quarter |
| Stock based expense |
ShareBasedCompensation
|
$330.00K | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationDepletionAndAmortization
|
$906.00K | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationDepletionAndAmortization
|
$1.29M | USD | 1 Quarter |
| Accretion of asset retirement obligation |
AssetRetirementObligationAccretionExpense
|
$126.00K | USD | 1 Quarter |
| Accretion of asset retirement obligation |
AssetRetirementObligationAccretionExpense
|
$527.00K | USD | Annual |
| Accretion of asset retirement obligation |
AssetRetirementObligationAccretionExpense
|
$132.00K | USD | 1 Quarter |
| Amortization of deferred loan costs |
AmortizationOfFinancingCosts
|
$29.00K | USD | 1 Quarter |
| Amortization of deferred loan costs |
AmortizationOfFinancingCosts
|
$29.00K | USD | 1 Quarter |
| Gain on disposition of assets |
GainLossOnDispositionOfAssets
|
$2.00K | USD | 1 Quarter |
| Loss (gain) on foreign exchange |
ForeignCurrencyTransactionGainLossUnrealized
|
$6.00K | USD | 1 Quarter |
| Loss (gain) on foreign exchange |
ForeignCurrencyTransactionGainLossUnrealized
|
$8.00K | USD | 1 Quarter |
| Accounts receivable |
IncreaseDecreaseInReceivables
|
$2.00K | USD | 1 Quarter |
| Accounts receivable |
IncreaseDecreaseInReceivables
|
$18.00K | USD | 1 Quarter |
| Inventory |
IncreaseDecreaseInInventories
|
$2.48M | USD | 1 Quarter |
| Inventory |
IncreaseDecreaseInInventories
|
$1.65M | USD | 1 Quarter |
| Prepaid expenses |
IncreaseDecreaseInPrepaidExpense
|
$-87.00K | USD | 1 Quarter |
| Prepaid expenses |
IncreaseDecreaseInPrepaidExpense
|
$-87.00K | USD | 1 Quarter |
| Accounts payable and accrued liabilities |
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
$1.05M | USD | 1 Quarter |
| Accounts payable and accrued liabilities |
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
$1.22M | USD | 1 Quarter |
| Net Cash Provided by (Used in) Operating Activities, Total |
NetCashProvidedByUsedInOperatingActivities
|
$6.57M | USD | 1 Quarter |
| Net Cash Provided by (Used in) Operating Activities, Total |
NetCashProvidedByUsedInOperatingActivities
|
$6.43M | USD | 1 Quarter |
| Mineral property costs |
PaymentsToAcquireMineralRights
|
$14.00K | USD | 1 Quarter |
| Purchase of capital assets |
PaymentsToAcquirePropertyPlantAndEquipment
|
$10.00K | USD | 1 Quarter |
| Purchase of capital assets |
PaymentsToAcquirePropertyPlantAndEquipment
|
$46.00K | USD | 1 Quarter |
| Net Cash Provided by (Used in) Investing Activities, Total |
NetCashProvidedByUsedInInvestingActivities
|
$-10.00K | USD | 1 Quarter |
| Net Cash Provided by (Used in) Investing Activities, Total |
NetCashProvidedByUsedInInvestingActivities
|
$-60.00K | USD | 1 Quarter |
| Issuance of common shares for cash |
ProceedsFromIssuanceOfCommonStockAndWarrantsNe
|
$1.17M | USD | 1 Quarter |
| Share issue costs |
PaymentsOfStockIssuanceCosts
|
$43.00K | USD | 1 Quarter |
| Proceeds from exercise of stock options |
ProceedsFromStockOptionsExercised
|
$42.00K | USD | 1 Quarter |
| Proceeds from exercise of stock options |
ProceedsFromStockOptionsExercised
|
$349.00K | USD | 1 Quarter |
| RSUs redeemed to pay withholding or paid in cash |
RestrictedStockUnitRedeemedForCash
|
$13.00K | USD | 1 Quarter |
| RSUs redeemed to pay withholding or paid in cash |
RestrictedStockUnitRedeemedForCash
|
$53.00K | USD | 1 Quarter |
| Repayment of debt |
RepaymentsOfShortTermDebt
|
$1.20M | USD | 1 Quarter |
| Repayment of debt |
RepaymentsOfShortTermDebt
|
$1.13M | USD | 1 Quarter |
| Net Cash Provided by (Used in) Financing Activities, Total |
NetCashProvidedByUsedInFinancingActivities
|
$-1.17M | USD | 1 Quarter |
| Net Cash Provided by (Used in) Financing Activities, Total |
NetCashProvidedByUsedInFinancingActivities
|
$291.00K | USD | 1 Quarter |
| Effects of foreign exchange rate changes on cash |
EffectOfExchangeRateOnCashAndCashEquivalents
|
$-15.00K | USD | 1 Quarter |
| Effects of foreign exchange rate changes on cash |
EffectOfExchangeRateOnCashAndCashEquivalents
|
$-6.00K | USD | 1 Quarter |
| Net change in cash and cash equivalents |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
$5.19M | USD | 1 Quarter |
| Net change in cash and cash equivalents |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
$6.84M | USD | 1 Quarter |
| Beginning cash and cash equivalents |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$15.95M | USD | Point-in-time |
| Beginning cash and cash equivalents |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$11.44M | USD | Point-in-time |
| Beginning cash and cash equivalents |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$16.63M | USD | Point-in-time |
| Beginning cash and cash equivalents |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$9.11M | USD | Point-in-time |
| Ending cash and cash equivalents (note 15) |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$15.95M | USD | Point-in-time |
| Ending cash and cash equivalents (note 15) |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$11.44M | USD | Point-in-time |
| Ending cash and cash equivalents (note 15) |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$16.63M | USD | Point-in-time |
| Ending cash and cash equivalents (note 15) |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$9.11M | USD | Point-in-time |
Stockholders Equity
14 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Beginning Balance |
StockholdersEquity
|
$38.78M | USD | Point-in-time |
| Beginning Balance |
StockholdersEquity
|
$45.54M | USD | Point-in-time |
| Beginning Balance (in shares) |
CommonStockSharesIssued
|
146.53M | shares | Point-in-time |
| Beginning Balance (in shares) |
CommonStockSharesIssued
|
146.60M | shares | Point-in-time |
| Exercise of stock options |
StockIssuedDuringPeriodValueStockOptionsExercised
|
$42.00K | USD | 1 Quarter |
| Exercise of stock options (in shares) |
StockIssuedDuringPeriodSharesStockOptionsExercised
|
67,719.00 | shares | 1 Quarter |
| Common shares issued for cash, net of issue costs (in shares) |
StockIssuedDuringPeriodSharesNewIssues
|
1.54M | shares | 1 Quarter |
| Redemption of vested RSUs |
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
|
$-13.00K | USD | 1 Quarter |
| Non-cash stock compensation |
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
$330.00K | USD | 1 Quarter |
| Net loss and comprehensive (loss) income |
NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest
|
$6.40M | USD | 1 Quarter |
| Ending Balance |
StockholdersEquity
|
$38.78M | USD | Point-in-time |
| Ending Balance |
StockholdersEquity
|
$45.54M | USD | Point-in-time |
| Ending Balance (in shares) |
CommonStockSharesIssued
|
146.53M | shares | Point-in-time |
| Ending Balance (in shares) |
CommonStockSharesIssued
|
146.60M | shares | Point-in-time |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.