10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0001558370-20-006045 |
| Period End Date | 20200331 |
| Filing Date | 20200508 |
| Fiscal Year | 2020 |
| Fiscal Period | Q1 |
| XBRL Instance | urg-20200331.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
61 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Cash and cash equivalents (note 4) |
CashAndCashEquivalentsAtCarryingValue
|
$3.92M | USD | Point-in-time |
| Cash and cash equivalents (note 4) |
CashAndCashEquivalentsAtCarryingValue
|
$7.75M | USD | Point-in-time |
| Cash and cash equivalents (note 4) |
CashAndCashEquivalentsAtCarryingValue
|
$5.59M | USD | Point-in-time |
| Accounts receivable |
ReceivablesNetCurrent
|
$6.00K | 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
|
$22.00K | USD | Point-in-time |
| Inventory (note 5) |
InventoryCurrent
|
$339.00K | USD | Point-in-time |
| Common shares, Shares issued |
CommonStockSharesIssued
|
160.48M | shares | Point-in-time |
| Common shares, Shares issued |
CommonStockSharesIssued
|
160.48M | shares | Point-in-time |
| Common shares, Shares outstanding |
CommonStockSharesOutstanding
|
160.48M | shares | Point-in-time |
| Common shares, Shares outstanding |
CommonStockSharesOutstanding
|
160.48M | shares | Point-in-time |
| Prepaid expenses |
PrepaidExpenseCurrent
|
$885.00K | USD | Point-in-time |
| Prepaid expenses |
PrepaidExpenseCurrent
|
$681.00K | USD | Point-in-time |
| Assets, Current, Total |
AssetsCurrent
|
$6.62M | USD | Point-in-time |
| Assets, Current, Total |
AssetsCurrent
|
$8.66M | USD | Point-in-time |
| Long-term inventory (note 5) |
InventoryNoncurrent
|
$7.43M | USD | Point-in-time |
| Long-term inventory (note 5) |
InventoryNoncurrent
|
$6.99M | USD | Point-in-time |
| Restricted cash (note 6) |
RestrictedCashAndCashEquivalentsNoncurrent
|
$7.46M | USD | Point-in-time |
| Restricted cash (note 6) |
RestrictedCashAndCashEquivalentsNoncurrent
|
$7.46M | USD | Point-in-time |
| Restricted cash (note 6) |
RestrictedCashAndCashEquivalentsNoncurrent
|
$7.46M | USD | Point-in-time |
| Mineral properties (note 7) |
MineralPropertiesNet
|
$42.55M | USD | Point-in-time |
| Mineral properties (note 7) |
MineralPropertiesNet
|
$43.21M | USD | Point-in-time |
| Capital assets (note 8) |
PropertyPlantAndEquipmentNet
|
$23.63M | USD | Point-in-time |
| Capital assets (note 8) |
PropertyPlantAndEquipmentNet
|
$23.27M | USD | Point-in-time |
| Assets, Noncurrent, Total |
AssetsNoncurrent
|
$81.73M | USD | Point-in-time |
| Assets, Noncurrent, Total |
AssetsNoncurrent
|
$80.28M | USD | Point-in-time |
| Assets, Total |
Assets
|
$90.39M | USD | Point-in-time |
| Assets, Total |
Assets
|
$86.90M | USD | Point-in-time |
| Accounts payable and accrued liabilities (note 9) |
AccountsPayableAndAccruedLiabilitiesCurrent
|
$2.21M | USD | Point-in-time |
| Accounts payable and accrued liabilities (note 9) |
AccountsPayableAndAccruedLiabilitiesCurrent
|
$2.18M | USD | Point-in-time |
| Environmental remediation accrual |
AccruedReclamationCostsCurrent
|
$75.00K | USD | Point-in-time |
| Environmental remediation accrual |
AccruedReclamationCostsCurrent
|
$72.00K | USD | Point-in-time |
| Liabilities, Current, Total |
LiabilitiesCurrent
|
$2.26M | USD | Point-in-time |
| Liabilities, Current, Total |
LiabilitiesCurrent
|
$2.28M | USD | Point-in-time |
| Notes payable (note 10) |
LongTermDebtNoncurrent
|
$12.21M | USD | Point-in-time |
| Notes payable (note 10) |
LongTermDebtNoncurrent
|
$12.23M | USD | Point-in-time |
| Lease liability |
OperatingLeaseLiabilityNoncurrent
|
$83.00K | USD | Point-in-time |
| Lease liability |
OperatingLeaseLiabilityNoncurrent
|
$12.00K | USD | Point-in-time |
| Asset retirement obligations (note 11) |
AssetRetirementObligationsNoncurrent
|
$30.97M | USD | Point-in-time |
| Asset retirement obligations (note 11) |
AssetRetirementObligationsNoncurrent
|
$31.12M | USD | Point-in-time |
| Other liabilities - warrants (note 12) |
OtherLiabilitiesNoncurrent
|
$575.00K | USD | Point-in-time |
| Other liabilities - warrants (note 12) |
OtherLiabilitiesNoncurrent
|
$256.00K | USD | Point-in-time |
| Liabilities, Noncurrent, Total |
LiabilitiesNoncurrent
|
$43.77M | USD | Point-in-time |
| Liabilities, Noncurrent, Total |
LiabilitiesNoncurrent
|
$43.69M | USD | Point-in-time |
| Liabilities |
Liabilities
|
$46.06M | USD | Point-in-time |
| Liabilities |
Liabilities
|
$45.95M | USD | Point-in-time |
| Common shares, without par value, unlimited shares authorized; shares issued and outstanding: 160,478,059 at March 31, 2020 and 160,478,059 at December 31, 2019 |
CommonStockValue
|
$185.75M | USD | Point-in-time |
| Common shares, without par value, unlimited shares authorized; shares issued and outstanding: 160,478,059 at March 31, 2020 and 160,478,059 at December 31, 2019 |
CommonStockValue
|
$185.75M | USD | Point-in-time |
| Contributed surplus |
AdditionalPaidInCapitalCommonStock
|
$20.55M | USD | Point-in-time |
| Contributed surplus |
AdditionalPaidInCapitalCommonStock
|
$20.32M | USD | Point-in-time |
| Accumulated other comprehensive income |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$3.68M | USD | Point-in-time |
| Accumulated other comprehensive income |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$3.65M | USD | Point-in-time |
| Deficit |
RetainedEarningsAccumulatedDeficit
|
$-169.03M | USD | Point-in-time |
| Deficit |
RetainedEarningsAccumulatedDeficit
|
$-165.39M | USD | Point-in-time |
| Stockholders' Equity Attributable to Parent, Total |
StockholdersEquity
|
$51.85M | USD | Point-in-time |
| Stockholders' Equity Attributable to Parent, Total |
StockholdersEquity
|
$44.33M | USD | Point-in-time |
| Stockholders' Equity Attributable to Parent, Total |
StockholdersEquity
|
$40.95M | USD | Point-in-time |
| Stockholders' Equity Attributable to Parent, Total |
StockholdersEquity
|
$47.73M | USD | Point-in-time |
| Liabilities and Equity, Total |
LiabilitiesAndStockholdersEquity
|
$86.90M | USD | Point-in-time |
| Liabilities and Equity, Total |
LiabilitiesAndStockholdersEquity
|
$90.39M | USD | Point-in-time |
Income Statement
35 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Sales (note 14) |
RevenueFromContractWithCustomerExcludingAssessedTax
|
$4.81M | USD | 1 Quarter |
| Sales (note 14) |
RevenueFromContractWithCustomerExcludingAssessedTax
|
$1.37M | USD | 1 Quarter |
| Cost of sales |
CostOfRevenue
|
$5.15M | USD | 1 Quarter |
| Cost of sales |
CostOfRevenue
|
$3.10M | USD | 1 Quarter |
| Gross profit (loss) |
GrossProfit
|
$-1.74M | USD | 1 Quarter |
| Gross profit (loss) |
GrossProfit
|
$-334.00K | USD | 1 Quarter |
| Exploration and evaluation |
ExplorationAndEvaluation
|
$774.00K | USD | 1 Quarter |
| Exploration and evaluation |
ExplorationAndEvaluation
|
$391.00K | USD | 1 Quarter |
| Development |
ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost
|
$273.00K | USD | 1 Quarter |
| Development |
ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost
|
$166.00K | USD | 1 Quarter |
| General and administrative |
GeneralAndAdministrativeExpense
|
$1.25M | USD | 1 Quarter |
| General and administrative |
GeneralAndAdministrativeExpense
|
$2.14M | USD | 1 Quarter |
| Accretion of asset retirement obligations (note 11) |
AssetRetirementObligationAccretionExpense
|
$143.00K | USD | 1 Quarter |
| Accretion of asset retirement obligations (note 11) |
AssetRetirementObligationAccretionExpense
|
$145.00K | USD | 1 Quarter |
| Accretion of asset retirement obligations (note 11) |
AssetRetirementObligationAccretionExpense
|
$577.00K | USD | Annual |
| Loss from operations |
OperatingIncomeLoss
|
$-3.80M | USD | 1 Quarter |
| Loss from operations |
OperatingIncomeLoss
|
$-3.56M | USD | 1 Quarter |
| Net interest expense |
InterestIncomeExpenseNet
|
$-132.00K | USD | 1 Quarter |
| Net interest expense |
InterestIncomeExpenseNet
|
$-196.00K | USD | 1 Quarter |
| Warrant mark to market adjustment |
FairValueAdjustmentOfWarrants
|
$533.00K | USD | 1 Quarter |
| Warrant mark to market adjustment |
FairValueAdjustmentOfWarrants
|
$-273.00K | USD | 1 Quarter |
| Foreign exchange gain (loss) |
ForeignCurrencyTransactionGainLossBeforeTax
|
$-18.00K | USD | 1 Quarter |
| Foreign exchange gain (loss) |
ForeignCurrencyTransactionGainLossBeforeTax
|
$15.00K | USD | 1 Quarter |
| Net Loss for the period |
NetIncomeLoss
|
$-4.30M | USD | 1 Quarter |
| Net Loss for the period |
NetIncomeLoss
|
$-3.64M | USD | 1 Quarter |
| Basic and diluted |
EarningsPerShareBasicAndDiluted
|
$-0.02 | USD | 1 Quarter |
| Basic and diluted |
EarningsPerShareBasicAndDiluted
|
$-0.03 | USD | 1 Quarter |
| Basic and diluted |
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
160.48M | shares | 1 Quarter |
| Basic and diluted |
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
159.73M | shares | 1 Quarter |
| Net loss for the period |
NetIncomeLoss
|
$-4.30M | USD | 1 Quarter |
| Net loss for the period |
NetIncomeLoss
|
$-3.64M | USD | 1 Quarter |
| Translation adjustment on foreign operations |
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
|
$27.00K | USD | 1 Quarter |
| Translation adjustment on foreign operations |
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
|
$1.00K | USD | 1 Quarter |
| Comprehensive loss for the period |
ComprehensiveIncomeNetOfTax
|
$-3.61M | USD | 1 Quarter |
| Comprehensive loss for the period |
ComprehensiveIncomeNetOfTax
|
$-4.30M | USD | 1 Quarter |
Cash Flow Statement
50 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net loss for the period |
NetIncomeLoss
|
$-4.30M | USD | 1 Quarter |
| Net loss for the period |
NetIncomeLoss
|
$-3.64M | USD | 1 Quarter |
| Stock based expense |
ShareBasedCompensation
|
$188.00K | USD | 1 Quarter |
| Stock based expense |
ShareBasedCompensation
|
$234.00K | USD | 1 Quarter |
| Loss from net realizable value adjustments |
OtherNoncashExpense
|
$1.97M | USD | 1 Quarter |
| Loss from net realizable value adjustments |
OtherNoncashExpense
|
$2.28M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationDepletionAndAmortization
|
$1.11M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationDepletionAndAmortization
|
$1.10M | USD | 1 Quarter |
| Accretion of asset retirement obligations |
AssetRetirementObligationAccretionExpense
|
$143.00K | USD | 1 Quarter |
| Accretion of asset retirement obligations |
AssetRetirementObligationAccretionExpense
|
$145.00K | USD | 1 Quarter |
| Accretion of asset retirement obligations |
AssetRetirementObligationAccretionExpense
|
$577.00K | USD | Annual |
| Amortization of deferred loan costs |
AmortizationOfFinancingCosts
|
$30.00K | USD | 1 Quarter |
| Amortization of deferred loan costs |
AmortizationOfFinancingCosts
|
$17.00K | USD | 1 Quarter |
| Warrants mark to market gain |
FairValueAdjustmentOfWarrants
|
$533.00K | USD | 1 Quarter |
| Warrants mark to market gain |
FairValueAdjustmentOfWarrants
|
$-273.00K | USD | 1 Quarter |
| Gain on foreign exchange |
ForeignCurrencyTransactionGainLossUnrealized
|
$18.00K | USD | 1 Quarter |
| Gain on foreign exchange |
ForeignCurrencyTransactionGainLossUnrealized
|
$15.00K | USD | 1 Quarter |
| Other loss |
OtherOperatingActivitiesCashFlowStatement
|
$3.00K | USD | 1 Quarter |
| Other loss |
OtherOperatingActivitiesCashFlowStatement
|
$-2.00K | USD | 1 Quarter |
| Accounts receivable |
IncreaseDecreaseInReceivables
|
$-16.00K | USD | 1 Quarter |
| Accounts receivable |
IncreaseDecreaseInReceivables
|
$-4.00K | USD | 1 Quarter |
| Inventory |
IncreaseDecreaseInInventories
|
$2.23M | USD | 1 Quarter |
| Inventory |
IncreaseDecreaseInInventories
|
$2.19M | USD | 1 Quarter |
| Prepaid expenses |
IncreaseDecreaseInPrepaidExpense
|
$-111.00K | USD | 1 Quarter |
| Prepaid expenses |
IncreaseDecreaseInPrepaidExpense
|
$17.00K | USD | 1 Quarter |
| Accounts payable and accrued liabilities |
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
$1.40M | USD | 1 Quarter |
| Accounts payable and accrued liabilities |
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
$74.00K | USD | 1 Quarter |
| Net Cash Provided by (Used in) Operating Activities, Total |
NetCashProvidedByUsedInOperatingActivities
|
$-1.20M | USD | 1 Quarter |
| Net Cash Provided by (Used in) Operating Activities, Total |
NetCashProvidedByUsedInOperatingActivities
|
$-2.12M | USD | 1 Quarter |
| Mineral property costs |
PaymentsToAcquireMineralRights
|
$8.00K | USD | 1 Quarter |
| Decrease (increase) in other deposits |
OtherDepositsIncreaseDecrease
|
$5.00K | USD | 1 Quarter |
| Purchase of capital assets |
PaymentsToAcquirePropertyPlantAndEquipment
|
$18.00K | USD | 1 Quarter |
| Purchase of capital assets |
PaymentsToAcquirePropertyPlantAndEquipment
|
$11.00K | USD | 1 Quarter |
| Net Cash Provided by (Used in) Investing Activities, Total |
NetCashProvidedByUsedInInvestingActivities
|
$-23.00K | USD | 1 Quarter |
| Net Cash Provided by (Used in) Investing Activities, Total |
NetCashProvidedByUsedInInvestingActivities
|
$-19.00K | USD | 1 Quarter |
| RSUs redeemed to pay withholding or paid in cash |
RestrictedStockUnitRedeemedForCash
|
$6.00K | USD | 1 Quarter |
| Repayment of debt |
RepaymentsOfShortTermDebt
|
$1.27M | USD | 1 Quarter |
| Net Cash Provided by (Used in) Financing Activities, Total |
NetCashProvidedByUsedInFinancingActivities
|
$-1.27M | USD | 1 Quarter |
| Effects of foreign exchange rate changes on cash |
EffectOfExchangeRateOnCashAndCashEquivalents
|
$41.00K | USD | 1 Quarter |
| Effects of foreign exchange rate changes on cash |
EffectOfExchangeRateOnCashAndCashEquivalents
|
$-10.00K | USD | 1 Quarter |
| Net change in cash, cash equivalents and restricted cash |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
$-2.45M | USD | 1 Quarter |
| Net change in cash, cash equivalents and restricted cash |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
$-2.16M | USD | 1 Quarter |
| Beginning cash, cash equivalents and restricted cash |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$13.83M | USD | Point-in-time |
| Beginning cash, cash equivalents and restricted cash |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$15.21M | USD | Point-in-time |
| Beginning cash, cash equivalents and restricted cash |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$13.06M | USD | Point-in-time |
| Beginning cash, cash equivalents and restricted cash |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$11.38M | USD | Point-in-time |
| Ending cash, cash equivalents and restricted cash (note 15) |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$13.83M | USD | Point-in-time |
| Ending cash, cash equivalents and restricted cash (note 15) |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$15.21M | USD | Point-in-time |
| Ending cash, cash equivalents and restricted cash (note 15) |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$13.06M | USD | Point-in-time |
| Ending cash, cash equivalents and restricted cash (note 15) |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$11.38M | USD | Point-in-time |
Stockholders Equity
17 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Beginning Balance |
StockholdersEquity
|
$51.85M | USD | Point-in-time |
| Beginning Balance |
StockholdersEquity
|
$44.33M | USD | Point-in-time |
| Beginning Balance |
StockholdersEquity
|
$40.95M | USD | Point-in-time |
| Beginning Balance |
StockholdersEquity
|
$47.73M | USD | Point-in-time |
| Beginning Balance (in shares) |
CommonStockSharesIssued
|
160.48M | shares | Point-in-time |
| Beginning Balance (in shares) |
CommonStockSharesIssued
|
160.48M | shares | Point-in-time |
| Redemption of vested RSUs |
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
|
$-6.00K | USD | 1 Quarter |
| Non-cash stock compensation |
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
$188.00K | USD | 1 Quarter |
| Non-cash stock compensation |
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
$234.00K | USD | 1 Quarter |
| Net loss and comprehensive (loss) income |
NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest
|
$-4.30M | USD | 1 Quarter |
| Net loss and comprehensive (loss) income |
NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest
|
$-3.61M | USD | 1 Quarter |
| Ending Balance |
StockholdersEquity
|
$51.85M | USD | Point-in-time |
| Ending Balance |
StockholdersEquity
|
$44.33M | USD | Point-in-time |
| Ending Balance |
StockholdersEquity
|
$40.95M | USD | Point-in-time |
| Ending Balance |
StockholdersEquity
|
$47.73M | USD | Point-in-time |
| Ending Balance (in shares) |
CommonStockSharesIssued
|
160.48M | shares | Point-in-time |
| Ending Balance (in shares) |
CommonStockSharesIssued
|
160.48M | shares | Point-in-time |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.