$REEMF
RARE ELEMENT RESOURCES LTD
CIK:0001419806|SEC Filings
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) $ in Thousands |
3 Months Ended | 6 Months Ended | ||
|---|---|---|---|---|
Jun. 30, 2026 |
Jun. 30, 2025 |
Jun. 30, 2026 |
Jun. 30, 2025 |
|
| Operating expenses: | ||||
| Exploration and evaluation (See Note 4 for related party costs) | $ (2,978) | $ (818) | $ (4,697) | $ (2,695) |
| Corporate administration | (539) | (568) | (1,119) | (1,318) |
| Depreciation and amortization | (49) | (49) | (90) | (94) |
| Total operating expenses | (3,566) | (1,435) | (5,906) | (4,107) |
| Non-operating income (expense): | ||||
| Interest income | 413 | 261 | 626 | 545 |
| Grant income | 400 | 400 | ||
| Interest expense | (5) | (6) | (11) | (13) |
| Total non-operating income | 808 | 255 | 1,015 | 532 |
| Net loss | $ (2,758) | $ (1,180) | $ (4,891) | $ (3,575) |
| Loss per share - basic (in dollars per share) | $ 0 | $ 0 | $ (0.01) | $ (0.01) |
| Loss per share - diluted (in dollars per share) | $ 0 | $ 0 | $ (0.01) | $ (0.01) |
| Weighted average number of shares outstanding (See Note 7) - basic (in shares) | 623,924,888 | 586,505,290 | 670,556,998 | 586,511,868 |
| Weighted average number of shares outstanding (See Note 7) - diluted (in shares) | 623,924,888 | 586,505,290 | 670,556,998 | 586,511,868 |