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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Income Statement [Abstract]        
Revenue $ 47,127 $ 0 $ 47,127 $ 0
Costs of sales 23,363 0 23,363 0
Gross profit 23,764 0 23,764 0
Exploration and mine development costs 471 434 1,668 1,485
Selling, general, and administrative expenses 11,185 7,160 31,793 20,200
Total operating expenses 11,656 7,594 33,461 21,685
Income (loss) from equity method investments [1] 3,852 (2,003) (1,565) (6,547)
Income (loss) from operations 15,960 (9,597) (11,262) (28,232)
Interest income 1,031 373 2,959 373
Interest expense (8) (21) (34) (97)
Loss from foreign currency exchange (22) (35) (88) (60)
Gain on dilution of equity method investments [1] 7,958 29,367 15,208 29,367
Total other income 8,959 29,684 18,045 29,583
Income before taxes 24,919 20,087 6,783 1,351
Income tax expense 2,028 3,422 3,170 3,422
Net income (loss) $ 22,891 $ 16,665 $ 3,613 $ (2,071)
Earnings (loss) per share:        
Basic (in dollars per share) $ 1.19 $ 0.93 $ 0.19 $ (0.12)
Diluted (in dollars per share) $ 1.19 $ 0.92 $ 0.19 $ (0.12)
Weighted-average shares outstanding        
Basic (in shares) 19,203 17,966 18,974 17,343
Diluted (in shares) 19,239 18,081 19,011 17,343
[1] Income (loss) from equity method investments and Gain on dilution of equity method investments are reported on a one-quarter lag.