10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0001654954-21-005299 |
| Period End Date | 20210331 |
| Filing Date | 20210507 |
| Fiscal Year | 2021 |
| Fiscal Period | Q1 |
| XBRL Instance | urg_10q_htm.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
54 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$17.59M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$4.27M | USD | Point-in-time |
| Accounts receivable |
ReceivablesNetCurrent
|
- | USD | Point-in-time |
| Accounts receivable |
ReceivablesNetCurrent
|
$2.00K | USD | Point-in-time |
| Prepaid expenses |
PrepaidExpenseCurrent
|
$814.00K | USD | Point-in-time |
| Prepaid expenses |
PrepaidExpenseCurrent
|
$610.00K | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$5.08M | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$18.21M | USD | Point-in-time |
| Non-current portion of inventory |
InventoryNoncurrent
|
$7.81M | USD | Point-in-time |
| Non-current portion of inventory |
InventoryNoncurrent
|
$7.86M | USD | Point-in-time |
| Restricted cash |
RestrictedCashAndCashEquivalentsNoncurrent
|
$7.86M | USD | Point-in-time |
| Restricted cash |
RestrictedCashAndCashEquivalentsNoncurrent
|
$7.86M | USD | Point-in-time |
| Mineral properties |
MineralPropertiesNet
|
$39.18M | USD | Point-in-time |
| Mineral properties |
MineralPropertiesNet
|
$38.67M | USD | Point-in-time |
| Capital assets |
PropertyPlantAndEquipmentNet
|
$21.43M | USD | Point-in-time |
| Capital assets |
PropertyPlantAndEquipmentNet
|
$21.89M | USD | Point-in-time |
| Total non-current assets |
AssetsNoncurrent
|
$75.82M | USD | Point-in-time |
| Total non-current assets |
AssetsNoncurrent
|
$76.75M | USD | Point-in-time |
| Total assets |
Assets
|
$94.03M | USD | Point-in-time |
| Total assets |
Assets
|
$81.83M | USD | Point-in-time |
| Accounts payable and accrued liabilities |
AccountsPayableAndAccruedLiabilitiesCurrent
|
$2.32M | USD | Point-in-time |
| Accounts payable and accrued liabilities |
AccountsPayableAndAccruedLiabilitiesCurrent
|
$2.44M | USD | Point-in-time |
| Current portion of notes payable |
NotesPayableCurrent
|
$459.00K | USD | Point-in-time |
| Current portion of notes payable |
NotesPayableCurrent
|
$761.00K | USD | Point-in-time |
| Current portion of warrant liability |
CurrentPortionOfWarrantLiability
|
$1.98M | USD | Point-in-time |
| Current portion of warrant liability |
CurrentPortionOfWarrantLiability
|
$729.00K | USD | Point-in-time |
| Environmental remediation accrual |
AccruedReclamationCostsCurrent
|
$76.00K | USD | Point-in-time |
| Environmental remediation accrual |
AccruedReclamationCostsCurrent
|
$76.00K | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$5.25M | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$3.58M | USD | Point-in-time |
| Notes payable |
NotesPayableToBankNoncurrent
|
$12.72M | USD | Point-in-time |
| Notes payable |
NotesPayableToBankNoncurrent
|
$12.43M | USD | Point-in-time |
| Lease liability |
OperatingLeaseLiabilityNoncurrent
|
$33.00K | USD | Point-in-time |
| Lease liability |
OperatingLeaseLiabilityNoncurrent
|
$50.00K | USD | Point-in-time |
| Asset retirement obligations |
AssetRetirementObligationsNoncurrent
|
$30.09M | USD | Point-in-time |
| Asset retirement obligations |
AssetRetirementObligationsNoncurrent
|
$29.96M | USD | Point-in-time |
| Warrant liability |
WarrantLiabilityNoncurrent
|
$1.42M | USD | Point-in-time |
| Warrant liability |
WarrantLiabilityNoncurrent
|
$6.09M | USD | Point-in-time |
| Total non-current liabilities |
LiabilitiesNoncurrent
|
$48.65M | USD | Point-in-time |
| Total non-current liabilities |
LiabilitiesNoncurrent
|
$44.15M | USD | Point-in-time |
| Share capital |
PartnersCapital
|
$203.04M | USD | Point-in-time |
| Share capital |
PartnersCapital
|
$189.62M | USD | Point-in-time |
| Contributed surplus |
AdditionalPaidInCapitalCommonStock
|
$20.71M | USD | Point-in-time |
| Contributed surplus |
AdditionalPaidInCapitalCommonStock
|
$20.95M | USD | Point-in-time |
| Accumulated other comprehensive income |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$3.71M | USD | Point-in-time |
| Accumulated other comprehensive income |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$3.93M | USD | Point-in-time |
| Accumulated deficit |
RetainedEarningsAccumulatedDeficit
|
$-187.55M | USD | Point-in-time |
| Accumulated deficit |
RetainedEarningsAccumulatedDeficit
|
$-180.18M | USD | Point-in-time |
| Total shareholders' equity |
StockholdersEquity
|
$34.10M | USD | Point-in-time |
| Total shareholders' equity |
StockholdersEquity
|
$40.13M | USD | Point-in-time |
| Total shareholders' equity |
StockholdersEquity
|
$44.33M | USD | Point-in-time |
| Total shareholders' equity |
StockholdersEquity
|
$40.95M | USD | Point-in-time |
| Total liabilities and shareholders' equity |
LiabilitiesAndStockholdersEquity
|
$81.83M | USD | Point-in-time |
| Total liabilities and shareholders' equity |
LiabilitiesAndStockholdersEquity
|
$94.03M | USD | Point-in-time |
Income Statement
32 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Sales |
Revenues
|
$1.37M | USD | 1 Quarter |
| Sales |
Revenues
|
- | USD | 1 Quarter |
| Cost of sales |
CostOfRevenue
|
$1.67M | 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
|
$-1.67M | USD | 1 Quarter |
| Operating costs |
OperatingExpenses
|
$1.81M | USD | 1 Quarter |
| Operating costs |
OperatingExpenses
|
$2.06M | USD | 1 Quarter |
| Profit (loss) from operations |
OperatingIncomeLoss
|
$-3.48M | USD | 1 Quarter |
| Profit (loss) from operations |
OperatingIncomeLoss
|
$-3.80M | USD | 1 Quarter |
| Net interest expense |
InterestExpense
|
$189.00K | USD | 1 Quarter |
| Net interest expense |
InterestExpense
|
$132.00K | USD | 1 Quarter |
| Warrant liability mark to market gain (loss) |
FairValueAdjustmentOfWarrants
|
$-273.00K | USD | 1 Quarter |
| Warrant liability mark to market gain (loss) |
FairValueAdjustmentOfWarrants
|
$3.40M | USD | 1 Quarter |
| Foreign exchange gain (loss) |
ForeignCurrencyTransactionGainLossBeforeTax
|
$15.00K | USD | 1 Quarter |
| Foreign exchange gain (loss) |
ForeignCurrencyTransactionGainLossBeforeTax
|
$-296.00K | USD | 1 Quarter |
| Other income (expense) |
OtherNoncashIncomeExpense
|
$2.00K | USD | 1 Quarter |
| Other income (expense) |
OtherNoncashIncomeExpense
|
- | USD | 1 Quarter |
| Net income (loss) |
NetIncomeLoss
|
$-7.37M | USD | 1 Quarter |
| Net income (loss) |
NetIncomeLoss
|
$-3.64M | USD | 1 Quarter |
| Foreign currency translation adjustment |
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentBeforeTaxPortionAttributableToParent
|
$219.00K | USD | 1 Quarter |
| Foreign currency translation adjustment |
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentBeforeTaxPortionAttributableToParent
|
$27.00K | USD | 1 Quarter |
| Comprehensive income (loss) |
OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodNetOfTax
|
$-7.15M | USD | 1 Quarter |
| Comprehensive income (loss) |
OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodNetOfTax
|
$-3.61M | USD | 1 Quarter |
| Basic |
EarningsPerShareBasic
|
$-0.02 | USD | 1 Quarter |
| Basic |
EarningsPerShareBasic
|
$-0.04 | USD | 1 Quarter |
| Diluted |
EarningsPerShareBasicAndDiluted
|
$-0.02 | USD | 1 Quarter |
| Diluted |
EarningsPerShareBasicAndDiluted
|
$-0.04 | USD | 1 Quarter |
| Basic |
WeightedAverageNumberOfSharesOutstandingBasic
|
160.48M | shares | 1 Quarter |
| Basic |
WeightedAverageNumberOfSharesOutstandingBasic
|
181.89M | shares | 1 Quarter |
| Diluted |
WeightedAverageNumberOfDilutedSharesOutstanding
|
181.89M | shares | 1 Quarter |
| Diluted |
WeightedAverageNumberOfDilutedSharesOutstanding
|
160.48M | shares | 1 Quarter |
Cash Flow Statement
56 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income (loss) for the year |
NetIncomeLoss
|
$-7.37M | USD | 1 Quarter |
| Net income (loss) for the year |
NetIncomeLoss
|
$-3.64M | USD | 1 Quarter |
| Stock based compensation |
StockIssuedDuringPeriodValueShareBasedCompensation
|
$234.00K | USD | 1 Quarter |
| Stock based compensation |
StockIssuedDuringPeriodValueShareBasedCompensation
|
$231.00K | USD | 1 Quarter |
| Net realizable value adjustments |
OtherNoncashExpense
|
$2.28M | USD | 1 Quarter |
| Net realizable value adjustments |
OtherNoncashExpense
|
$1.67M | USD | 1 Quarter |
| Amortization of mineral properties |
AmortizationOfIntangibleAssets
|
$657.00K | USD | 1 Quarter |
| Amortization of mineral properties |
AmortizationOfIntangibleAssets
|
$509.00K | USD | 1 Quarter |
| Depreciation of capital assets |
Depreciation
|
$454.00K | USD | 1 Quarter |
| Depreciation of capital assets |
Depreciation
|
$446.00K | USD | 1 Quarter |
| Accretion expense |
AssetRetirementObligationAccretionExpense
|
$123.00K | USD | 1 Quarter |
| Accretion expense |
AssetRetirementObligationAccretionExpense
|
$145.00K | USD | 1 Quarter |
| Amortization of deferred loan costs |
AmortizationOfFinancingCosts
|
$12.00K | USD | 1 Quarter |
| Amortization of deferred loan costs |
AmortizationOfFinancingCosts
|
$17.00K | USD | 1 Quarter |
| Provision for reclamation |
ProvisionForReclamation
|
- | USD | 1 Quarter |
| Provision for reclamation |
ProvisionForReclamation
|
$3.00K | USD | 1 Quarter |
| Mark to market loss (gain) |
MarketableSecuritiesGainLoss
|
$-273.00K | USD | 1 Quarter |
| Mark to market loss (gain) |
MarketableSecuritiesGainLoss
|
$3.40M | USD | 1 Quarter |
| Unrealized foreign exchange loss (gain) |
ForeignCurrencyTransactionGainLossUnrealized
|
$296.00 | USD | 1 Quarter |
| Unrealized foreign exchange loss (gain) |
ForeignCurrencyTransactionGainLossUnrealized
|
$-15.00 | USD | 1 Quarter |
| Accounts receivable |
IncreaseDecreaseInReceivables
|
$-2.00K | USD | 1 Quarter |
| Accounts receivable |
IncreaseDecreaseInReceivables
|
$16.00K | USD | 1 Quarter |
| Inventory |
IncreaseDecreaseInInventories
|
$-1.72M | USD | 1 Quarter |
| Inventory |
IncreaseDecreaseInInventories
|
$-2.19M | USD | 1 Quarter |
| Prepaid expenses |
IncreaseDecreaseInPrepaidExpense
|
$204.00K | USD | 1 Quarter |
| Prepaid expenses |
IncreaseDecreaseInPrepaidExpense
|
$111.00K | USD | 1 Quarter |
| Accounts payable and accrued liabilities |
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
$74.00K | USD | 1 Quarter |
| Accounts payable and accrued liabilities |
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
$119.00K | USD | 1 Quarter |
| Cash Provided By (Used in) Operating Activities |
NetCashProvidedByUsedInOperatingActivities
|
$-2.12M | USD | 1 Quarter |
| Cash Provided By (Used in) Operating Activities |
NetCashProvidedByUsedInOperatingActivities
|
$-2.08M | USD | 1 Quarter |
| Decrease (increase) in bonding and other deposits |
IncreaseDecreaseInDepositOtherAssets
|
$5.00K | USD | 1 Quarter |
| Decrease (increase) in bonding and other deposits |
IncreaseDecreaseInDepositOtherAssets
|
- | USD | 1 Quarter |
| Purchase of capital assets |
PaymentsToAcquirePropertyPlantAndEquipment
|
- | USD | 1 Quarter |
| Purchase of capital assets |
PaymentsToAcquirePropertyPlantAndEquipment
|
$18.00K | USD | 1 Quarter |
| Net Cash Provided by (Used in) Investing Activities |
NetCashProvidedByUsedInInvestingActivities
|
$-23.00K | USD | 1 Quarter |
| Net Cash Provided by (Used in) Investing Activities |
NetCashProvidedByUsedInInvestingActivities
|
- | USD | 1 Quarter |
| Issuance of common shares and warrants for cash |
ProceedsFromIssuanceOfWarrants
|
- | USD | 1 Quarter |
| Issuance of common shares and warrants for cash |
ProceedsFromIssuanceOfWarrants
|
$15.24M | USD | 1 Quarter |
| Share issue costs |
ShareIssueCosts
|
- | USD | 1 Quarter |
| Share issue costs |
ShareIssueCosts
|
$-1.31M | USD | 1 Quarter |
| Proceeds from exercise of warrants and stock options |
ProceedsFromExerciseOfWarrantsAndStockOptions
|
$1.44M | USD | 1 Quarter |
| Proceeds from exercise of warrants and stock options |
ProceedsFromExerciseOfWarrantsAndStockOptions
|
- | USD | 1 Quarter |
| Net Cash Provided by (Used in) Financing Activities |
NetCashProvidedByUsedInFinancingActivities
|
- | USD | 1 Quarter |
| Net Cash Provided by (Used in) Financing Activities |
NetCashProvidedByUsedInFinancingActivities
|
$15.37M | USD | 1 Quarter |
| Effects of foreign exchange rate changes on cash |
EffectOfExchangeRateOnCashAndCashEquivalents
|
$-10.00K | USD | 1 Quarter |
| Effects of foreign exchange rate changes on cash |
EffectOfExchangeRateOnCashAndCashEquivalents
|
$35.00K | USD | 1 Quarter |
| Increase (decrease) in cash, cash equivalents, and restricted cash |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
$13.33M | USD | 1 Quarter |
| Increase (decrease) in cash, cash equivalents, and restricted cash |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
$-2.16M | USD | 1 Quarter |
| Beginning cash, cash equivalents, and restricted cash |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$13.06M | USD | Point-in-time |
| Beginning cash, cash equivalents, and restricted cash |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$25.45M | 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
|
$12.13M | USD | Point-in-time |
| Ending cash, cash equivalents, and restricted cash |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$13.06M | USD | Point-in-time |
| Ending cash, cash equivalents, and restricted cash |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$25.45M | USD | Point-in-time |
| Ending cash, cash equivalents, and restricted cash |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$15.21M | USD | Point-in-time |
| Ending cash, cash equivalents, and restricted cash |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$12.13M | USD | Point-in-time |
Stockholders Equity
17 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Balance, amount |
StockholdersEquity
|
$34.10M | USD | Point-in-time |
| Balance, amount |
StockholdersEquity
|
$40.13M | USD | Point-in-time |
| Balance, amount |
StockholdersEquity
|
$44.33M | USD | Point-in-time |
| Balance, amount |
StockholdersEquity
|
$40.95M | USD | Point-in-time |
| Stock compensation |
StockCompensation
|
$231.00K | USD | 1 Quarter |
| Stock compensation |
StockCompensation
|
$234.00K | USD | 1 Quarter |
| Comprehensive income (loss) |
OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodNetOfTax
|
$-7.15M | USD | 1 Quarter |
| Comprehensive income (loss) |
OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodNetOfTax
|
$-3.61M | USD | 1 Quarter |
| Exercise of stock options, amount |
StockIssuedDuringPeriodValueStockOptionsExercised
|
$1.08M | USD | 1 Quarter |
| Exercise of warrants, amount |
ExerciseOfWarrantsAmount
|
$551.00K | USD | 1 Quarter |
| Shares issued for cash, amount |
StockIssuedDuringPeriodValueNewIssues
|
$15.24M | USD | 1 Quarter |
| Less amount assigned to warrant liablity |
LessAmountAssignedToWarrantLiablity
|
$-2.60M | USD | 1 Quarter |
| Less share issue costs |
LessShareIssueCosts
|
$-1.31M | USD | 1 Quarter |
| Balance, amount |
StockholdersEquity
|
$34.10M | USD | Point-in-time |
| Balance, amount |
StockholdersEquity
|
$40.13M | USD | Point-in-time |
| Balance, amount |
StockholdersEquity
|
$44.33M | USD | Point-in-time |
| Balance, amount |
StockholdersEquity
|
$40.95M | USD | Point-in-time |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.