10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0001654954-23-005510 |
| Period End Date | 20230331 |
| Filing Date | 20230501 |
| Fiscal Year | 2023 |
| Fiscal Period | Q1 |
| XBRL Instance | urg_10q_htm.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
57 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Cash |
CashAndCashEquivalentsAtCarryingValue
|
$33.00M | USD | Point-in-time |
| Cash |
CashAndCashEquivalentsAtCarryingValue
|
$77.28M | USD | Point-in-time |
| Cash |
CashAndCashEquivalentsAtCarryingValue
|
$46.31M | USD | Point-in-time |
| Accounts receivable |
AccountsReceivableNetCurrent
|
$8.00K | USD | Point-in-time |
| Accounts receivable |
AccountsReceivableNetCurrent
|
$10.00K | USD | Point-in-time |
| Inventory |
InventoryNet
|
$6.28M | USD | Point-in-time |
| Inventory |
InventoryNet
|
$9.90M | USD | Point-in-time |
| Prepaid expenses |
PrepaidExpenseCurrent
|
$1.20M | USD | Point-in-time |
| Prepaid expenses |
PrepaidExpenseCurrent
|
$1.03M | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$43.94M | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$84.76M | USD | Point-in-time |
| Restricted cash |
RestrictedCashAndCashEquivalentsNoncurrent
|
$8.14M | USD | Point-in-time |
| Restricted cash |
RestrictedCashAndCashEquivalentsNoncurrent
|
$8.22M | USD | Point-in-time |
| Mineral properties |
MineralPropertiesNet
|
$35.41M | USD | Point-in-time |
| Mineral properties |
MineralPropertiesNet
|
$35.68M | USD | Point-in-time |
| Capital assets |
PropertyPlantAndEquipmentNet
|
$20.13M | USD | Point-in-time |
| Capital assets |
PropertyPlantAndEquipmentNet
|
$20.67M | USD | Point-in-time |
| Total non-current assets |
AssetsNoncurrent
|
$64.30M | USD | Point-in-time |
| Total non-current assets |
AssetsNoncurrent
|
$63.95M | USD | Point-in-time |
| Total assets |
Assets
|
$149.06M | USD | Point-in-time |
| Total assets |
Assets
|
$107.89M | USD | Point-in-time |
| Accounts payable and accrued liabilities |
AccountsPayableAndAccruedLiabilitiesCurrent
|
$1.17M | USD | Point-in-time |
| Accounts payable and accrued liabilities |
AccountsPayableAndAccruedLiabilitiesCurrent
|
$1.86M | USD | Point-in-time |
| Current portion of notes payable |
NotesPayableCurrent
|
$5.37M | USD | Point-in-time |
| Current portion of notes payable |
NotesPayableCurrent
|
$5.44M | USD | Point-in-time |
| Current portion of leases payable |
OperatingLeaseLiabilityCurrent
|
- | USD | Point-in-time |
| Current portion of leases payable |
OperatingLeaseLiabilityCurrent
|
$58.00K | USD | Point-in-time |
| Current portion of warrant liability |
CurrentPortionOfWarrantsLiability
|
- | USD | Point-in-time |
| Current portion of warrant liability |
CurrentPortionOfWarrantsLiability
|
$1.37M | USD | Point-in-time |
| Environmental remediation accrual |
EnvironmentalRemediationAccrual
|
$69.00K | USD | Point-in-time |
| Environmental remediation accrual |
EnvironmentalRemediationAccrual
|
$69.00K | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$8.80M | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$6.60M | USD | Point-in-time |
| Notes payable |
NotesPayable
|
$5.69M | USD | Point-in-time |
| Notes payable |
NotesPayable
|
$4.30M | USD | Point-in-time |
| Lease liability |
OperatingLeaseLiabilityNoncurrent
|
$303.00K | USD | Point-in-time |
| Lease liability |
OperatingLeaseLiabilityNoncurrent
|
$16.00K | USD | Point-in-time |
| Asset retirement obligations |
AssetRetirementObligationsNoncurrent
|
$30.70M | USD | Point-in-time |
| Asset retirement obligations |
AssetRetirementObligationsNoncurrent
|
$30.86M | USD | Point-in-time |
| Warrant liability |
WarrantLiabilityNoncurrent
|
$8.23M | USD | Point-in-time |
| Warrant liability |
WarrantLiabilityNoncurrent
|
$2.38M | USD | Point-in-time |
| Total non-current liabilities |
LiabilitiesNoncurrent
|
$38.79M | USD | Point-in-time |
| Total non-current liabilities |
LiabilitiesNoncurrent
|
$43.70M | USD | Point-in-time |
| Share capital |
CommonStockValue
|
$293.61M | USD | Point-in-time |
| Share capital |
CommonStockValue
|
$258.65M | USD | Point-in-time |
| Contributed surplus |
SurplusNotes
|
$19.84M | USD | Point-in-time |
| Contributed surplus |
SurplusNotes
|
$19.96M | USD | Point-in-time |
| Accumulated other comprehensive income |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$4.26M | USD | Point-in-time |
| Accumulated other comprehensive income |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$3.95M | USD | Point-in-time |
| Accumulated deficit |
RetainedEarningsAccumulatedDeficit
|
$-220.97M | USD | Point-in-time |
| Accumulated deficit |
RetainedEarningsAccumulatedDeficit
|
$-220.25M | USD | Point-in-time |
| Total shareholders' equity |
StockholdersEquity
|
$69.39M | USD | Point-in-time |
| Total shareholders' equity |
StockholdersEquity
|
$62.50M | USD | Point-in-time |
| Total shareholders' equity |
StockholdersEquity
|
$65.17M | USD | Point-in-time |
| Total shareholders' equity |
StockholdersEquity
|
$96.56M | USD | Point-in-time |
| Total liabilities and shareholders' equity |
LiabilitiesAndStockholdersEquity
|
$149.06M | USD | Point-in-time |
| Total liabilities and shareholders' equity |
LiabilitiesAndStockholdersEquity
|
$107.89M | USD | Point-in-time |
Income Statement
32 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Sales |
Revenues
|
- | USD | 1 Quarter |
| Sales |
Revenues
|
$6.45M | USD | 1 Quarter |
| Cost of sales |
CostOfRevenue
|
$1.72M | USD | 1 Quarter |
| Cost of sales |
CostOfRevenue
|
$6.50M | USD | 1 Quarter |
| Gross loss |
GrossProfit
|
$-1.72M | USD | 1 Quarter |
| Gross loss |
GrossProfit
|
$-57.00K | USD | 1 Quarter |
| Operating costs |
OperatingExpenses
|
$3.06M | USD | 1 Quarter |
| Operating costs |
OperatingExpenses
|
$3.30M | USD | 1 Quarter |
| Loss from operations |
OperatingIncomeLoss
|
$-3.12M | USD | 1 Quarter |
| Loss from operations |
OperatingIncomeLoss
|
$-5.02M | USD | 1 Quarter |
| Net interest income (expense) |
InterestIncomeExpenseNet
|
$-174.00K | USD | 1 Quarter |
| Net interest income (expense) |
InterestIncomeExpenseNet
|
$213.00K | USD | 1 Quarter |
| Warrant liability revaluation gain (loss) |
WarrantLiabilityRevaluationGainLoss
|
$1.87M | USD | 1 Quarter |
| Warrant liability revaluation gain (loss) |
WarrantLiabilityRevaluationGainLoss
|
$-2.97M | USD | 1 Quarter |
| Foreign exchange gain (loss) |
ForeignCurrencyTransactionGainLossBeforeTax
|
$336.00K | USD | 1 Quarter |
| Foreign exchange gain (loss) |
ForeignCurrencyTransactionGainLossBeforeTax
|
$-11.00K | USD | 1 Quarter |
| Other income (loss) |
OtherNonoperatingIncomeExpense
|
$-7.00K | USD | 1 Quarter |
| Other income (loss) |
OtherNonoperatingIncomeExpense
|
$1.25M | USD | 1 Quarter |
| Net loss |
NetIncomeLoss
|
$-713.00K | USD | 1 Quarter |
| Net loss |
NetIncomeLoss
|
$-6.93M | USD | 1 Quarter |
| Foreign currency translation adjustment |
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
$-317.00K | USD | 1 Quarter |
| Foreign currency translation adjustment |
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
$-108.00K | USD | 1 Quarter |
| Comprehensive loss |
ComprehensiveIncomeNetOfTax
|
$-7.04M | USD | 1 Quarter |
| Comprehensive loss |
ComprehensiveIncomeNetOfTax
|
$-1.03M | USD | 1 Quarter |
| Basic |
EarningsPerShareBasic
|
- | USD | 1 Quarter |
| Basic |
EarningsPerShareBasic
|
$-0.03 | USD | 1 Quarter |
| Diluted |
EarningsPerShareDiluted
|
$-0.03 | USD | 1 Quarter |
| Diluted |
EarningsPerShareDiluted
|
- | USD | 1 Quarter |
| Basic |
WeightedAverageNumberOfSharesOutstandingBasic
|
241.89B | shares | 1 Quarter |
| Basic |
WeightedAverageNumberOfSharesOutstandingBasic
|
217.25B | shares | 1 Quarter |
| Diluted |
WeightedAverageNumberOfDilutedSharesOutstanding
|
217.25B | shares | 1 Quarter |
| Diluted |
WeightedAverageNumberOfDilutedSharesOutstanding
|
241.89B | shares | 1 Quarter |
Cash Flow Statement
54 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net loss for the period |
ProfitLoss
|
$713.00K | USD | 1 Quarter |
| Net loss for the period |
ProfitLoss
|
$6.93M | USD | 1 Quarter |
| Stock based compensation |
ShareBasedCompensation
|
$253.00K | USD | 1 Quarter |
| Stock based compensation |
ShareBasedCompensation
|
$261.00K | USD | 1 Quarter |
| Net realizable value adjustments |
NetRealizableValueAdjustments
|
$1.72M | USD | 1 Quarter |
| Net realizable value adjustments |
NetRealizableValueAdjustments
|
$2.88M | USD | 1 Quarter |
| Amortization of mineral properties |
AmortizationOfMineralProperties
|
$312.00K | USD | 1 Quarter |
| Amortization of mineral properties |
AmortizationOfMineralProperties
|
$313.00K | USD | 1 Quarter |
| Depreciation of capital assets |
Depreciation
|
$456.00K | USD | 1 Quarter |
| Depreciation of capital assets |
Depreciation
|
$473.00K | USD | 1 Quarter |
| Accretion expense |
AccretionExpense
|
$112.00K | USD | 1 Quarter |
| Accretion expense |
AccretionExpense
|
$122.00K | USD | 1 Quarter |
| Amortization of deferred loan costs |
AmortizationOfDeferredLoanOriginationFeesNet
|
$-11.00K | USD | 1 Quarter |
| Amortization of deferred loan costs |
AmortizationOfDeferredLoanOriginationFeesNet
|
$-11.00K | USD | 1 Quarter |
| Mark to market loss (gain) |
MarkToMarketLossGain
|
$1.87M | USD | 1 Quarter |
| Mark to market loss (gain) |
MarkToMarketLossGain
|
$-2.97M | USD | 1 Quarter |
| Unrealized foreign exchange loss (gain) |
ForeignCurrencyTransactionGainLossUnrealized
|
$-11.00K | USD | 1 Quarter |
| Unrealized foreign exchange loss (gain) |
ForeignCurrencyTransactionGainLossUnrealized
|
$336.00K | USD | 1 Quarter |
| Accounts receivable |
IncreaseDecreaseInAccountsReceivable
|
$2.00K | USD | 1 Quarter |
| Accounts receivable |
IncreaseDecreaseInAccountsReceivable
|
$2.00K | USD | 1 Quarter |
| Inventory |
IncreaseDecreaseInInventories
|
$-753.00K | USD | 1 Quarter |
| Inventory |
IncreaseDecreaseInInventories
|
$1.72M | USD | 1 Quarter |
| Prepaid expenses |
IncreaseDecreaseInPrepaidExpense
|
$168.00K | USD | 1 Quarter |
| Prepaid expenses |
IncreaseDecreaseInPrepaidExpense
|
$158.00K | USD | 1 Quarter |
| Accounts payable and accrued liabilities |
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
$730.00K | USD | 1 Quarter |
| Accounts payable and accrued liabilities |
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
$613.00K | USD | 1 Quarter |
| Net cash provided by used in operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$2.33M | USD | 1 Quarter |
| Net cash provided by used in operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$-2.22M | USD | 1 Quarter |
| Purchase of capital assets |
PaymentsToAcquirePropertyPlantAndEquipment
|
$60.00K | USD | 1 Quarter |
| Purchase of capital assets |
PaymentsToAcquirePropertyPlantAndEquipment
|
$665.00K | USD | 1 Quarter |
| Net Cash Provided By Used In Investing Activities |
NetCashProvidedByUsedInInvestingActivities
|
$-665.00K | USD | 1 Quarter |
| Net Cash Provided By Used In Investing Activities |
NetCashProvidedByUsedInInvestingActivities
|
$-60.00K | USD | 1 Quarter |
| Issuance of common shares and warrants for cash |
ProceedsFromIssuanceOfCommonStock
|
$46.64M | USD | 1 Quarter |
| Issuance of common shares and warrants for cash |
ProceedsFromIssuanceOfCommonStock
|
$2.13M | USD | 1 Quarter |
| Share issue costs |
ShareIssueCosts
|
$-53.00K | USD | 1 Quarter |
| Share issue costs |
ShareIssueCosts
|
$-2.91M | USD | 1 Quarter |
| Proceeds from exercise of warrants and stock options |
ProceedsFromStockOptionsExercised
|
$298.00K | USD | 1 Quarter |
| Proceeds from exercise of warrants and stock options |
ProceedsFromStockOptionsExercised
|
$365.00K | USD | 1 Quarter |
| Repayment of debt |
RepaymentsOfDebt
|
- | USD | 1 Quarter |
| Repayment of debt |
RepaymentsOfDebt
|
$1.32M | USD | 1 Quarter |
| Net Cash Provided By Used In Financing Activities |
NetCashProvidedByUsedInFinancingActivities
|
$2.44M | USD | 1 Quarter |
| Net Cash Provided By Used In Financing Activities |
NetCashProvidedByUsedInFinancingActivities
|
$42.70M | USD | 1 Quarter |
| Effects of foreign exchange rate changes on cash |
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
- | USD | 1 Quarter |
| Effects of foreign exchange rate changes on cash |
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
$22.00K | USD | 1 Quarter |
| Increase in cash, cash equivalents, and restricted cash |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
$180.00K | USD | 1 Quarter |
| Increase in cash, cash equivalents, and restricted cash |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
$44.36M | USD | 1 Quarter |
| Beginning cash, cash equivalents, and restricted cash |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$85.50M | USD | Point-in-time |
| Beginning cash, cash equivalents, and restricted cash |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$54.16M | USD | Point-in-time |
| Beginning cash, cash equivalents, and restricted cash |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$41.14M | USD | Point-in-time |
| Beginning cash, cash equivalents, and restricted cash |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$54.34M | USD | Point-in-time |
| Ending cash, cash equivalents, and restricted cash |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$85.50M | USD | Point-in-time |
| Ending cash, cash equivalents, and restricted cash |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$54.16M | USD | Point-in-time |
| Ending cash, cash equivalents, and restricted cash |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$41.14M | USD | Point-in-time |
| Ending cash, cash equivalents, and restricted cash |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$54.34M | USD | Point-in-time |
Stockholders Equity
19 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Balance, amount |
StockholdersEquity
|
$69.39M | USD | Point-in-time |
| Balance, amount |
StockholdersEquity
|
$62.50M | USD | Point-in-time |
| Balance, amount |
StockholdersEquity
|
$65.17M | USD | Point-in-time |
| Balance, amount |
StockholdersEquity
|
$96.56M | USD | Point-in-time |
| Exercise of stock options, amount |
StockIssuedDuringPeriodValueStockOptionsExercised
|
$171.00K | USD | 1 Quarter |
| Exercise of stock options, amount |
StockIssuedDuringPeriodValueStockOptionsExercised
|
$298.00K | USD | 1 Quarter |
| Exercise of warrants, amount |
ExerciseOfWarrantsAmount
|
$308.00K | USD | 1 Quarter |
| Shares issued for cash, amount |
StockIssuedDuringPeriodValueNewIssues
|
$2.13M | USD | 1 Quarter |
| Shares issued for cash, amount |
StockIssuedDuringPeriodValueNewIssues
|
$37.53M | USD | 1 Quarter |
| Less share issue costs |
LessShareIssueCosts
|
$-2.99M | USD | 1 Quarter |
| Less share issue costs |
LessShareIssueCosts
|
$-53.00K | USD | 1 Quarter |
| Stock compensation |
ShareBasedCompensation
|
$253.00K | USD | 1 Quarter |
| Stock compensation |
ShareBasedCompensation
|
$261.00K | USD | 1 Quarter |
| Comprehensive loss |
OtherComprehensiveIncomeLossNetOfTax
|
$-7.04M | USD | 1 Quarter |
| Comprehensive loss |
OtherComprehensiveIncomeLossNetOfTax
|
$-1.03M | USD | 1 Quarter |
| Balance, amount |
StockholdersEquity
|
$69.39M | USD | Point-in-time |
| Balance, amount |
StockholdersEquity
|
$62.50M | USD | Point-in-time |
| Balance, amount |
StockholdersEquity
|
$65.17M | USD | Point-in-time |
| Balance, amount |
StockholdersEquity
|
$96.56M | USD | Point-in-time |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.