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CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Operating expenses:        
Exploration and mine development costs $ 440,190 $ 882,874 $ 1,196,964 $ 1,050,712
General and administrative expenses 11,986,634 7,461,365 20,608,084 13,039,370
Total operating expenses 12,426,824 8,344,239 21,805,048 14,090,082
Loss from equity method investments in unconsolidated affiliates (2,675,145) (1,155,379) (5,417,509) (4,544,882)
Loss from operations (15,101,969) (9,499,618) (27,222,557) (18,634,964)
Other income (expense):        
Interest income 1,165,341 288 1,928,791 288
Interest expense (11,160) (34,214) (25,677) (76,610)
Loss from foreign currency exchange (17,878) (47,759) (67,144) (24,649)
Gain on dilution of equity method investments in unconsolidated affiliates 3,975,337 0 7,249,869 0
Total other income (expense) 5,111,640 (81,685) 9,085,839 (100,971)
Loss before taxes (9,990,329) (9,581,303) (18,136,718) (18,735,935)
Income tax expense 648,811 0 1,142,154 0
Net loss $ (10,639,140) $ (9,581,303) $ (19,278,872) $ (18,735,935)
Basic net loss per weighted-average share (in dollars per share) $ (0.55) $ (0.53) $ (1.02) $ (1.10)
Diluted net loss per weighted-average share (in dollars per share) $ (0.55) $ (0.53) $ (1.02) $ (1.10)
Basic weighted-average number of shares outstanding (in shares) 19,186,640 17,930,926 18,856,995 17,019,262
Diluted weighted-average number of shares outstanding (in shares) 19,186,640 17,930,926 18,856,995 17,019,262