NASDAQ: HYMC
HYCROFT MINING HOLDING CORPCIK 0001718405 · SIC 1040 · Gold Mining
Every 8-K is open in full. Other 10-Ks and 10-Qs show a 3-bullet preview. A free account reads 3 more full reports a month. Generating a report requires a verified account.
Sign up freeWant to see a complete report first? Today's free report (IREN 10-K) is open in full — no account needed.
Summary not yet generated.
Summary not yet generated.
Partner
Trade HYMC commission-free
Open an account, get a free stock.
Investing involves risk. Free stock terms apply.
Summary not yet generated.
Summary not yet generated.
Summary not yet generated.
Summary not yet generated.
Summary not yet generated.
Summary not yet generated.
Summary not yet generated.
Summary not yet generated.
Summary not yet generated.
Summary not yet generated.
Summary not yet generated.
Summary not yet generated.
Summary not yet generated.
Summary not yet generated.
Summary not yet generated.
Latest financial statements
From 10-Q filed Jul 28, 2026 (period ending Jun 30, 2026). As printed on the EDGAR/iXBRL face — not generated by the model.
Condensed Consolidated Statements of Operations (Unaudited)
(in thousands, except share and per share amounts)
| Description | Three months ended June 30, 2026 | Three months ended June 30, 2025 | Six months ended June 30, 2026 | Six months ended June 30, 2025 |
|---|---|---|---|---|
| Operating expenses: | ||||
| General and administrative costs | 15,196 | 3,478 | 49,361 | 6,411 |
| Exploration and development costs | 8,554 | 2,344 | 18,206 | 5,343 |
| Mine site costs | 3,879 | 2,673 | 9,322 | 5,153 |
| Depreciation and amortization | 303 | 498 | 688 | 1,032 |
| Asset retirement obligation adjustments and accretion | (5,430) | 333 | (5,124) | 666 |
| Other (income) expense, net | — | (11) | 114 | (68) |
| Loss from operations | (22,502) | (9,315) | (72,567) | (18,537) |
| Non-operating income (expense): | ||||
| Interest income | 1,788 | 687 | 3,684 | 1,400 |
| Other income (loss), net | (36) | 370 | (154) | 507 |
| Interest expense | — | (3,479) | — | (6,866) |
| Net loss | (20,750) | (11,737) | (69,037) | (23,496) |
| Net loss per share: | ||||
| Basic and diluted | (0.23) | (0.43) | (0.76) | (0.89) |
| Weighted average shares outstanding: | ||||
| Basic and diluted | 91,504,140 | 27,584,548 | 90,626,973 | 26,273,721 |
Condensed Consolidated Balance Sheets
(in thousands, except share and par value amounts)
| Description | June 30, 2026 (unaudited) | December 31, 2025 |
|---|---|---|
| Assets: | ||
| Cash and cash equivalents | 220,549 | 181,738 |
| Prepaids and deposits | 3,112 | 2,953 |
| Supplies inventories, net | 1,600 | 1,416 |
| Receivables | 300 | 609 |
| Equity investment securities | — | 776 |
| Current assets | 225,561 | 187,492 |
| Property, plant, and equipment and assets held-for-sale, net | 53,032 | 53,005 |
| Restricted cash | 14,483 | 22,493 |
| Prepaids, non-current | 22 | 37 |
| Total assets | 293,098 | 263,027 |
| Liabilities: | ||
| Accounts payable, accrued expenses, and other liabilities | 5,003 | 7,712 |
| Contract liabilities | 750 | — |
| Asset retirement obligation | — | 22 |
| Current liabilities | 5,753 | 7,734 |
| Deferred gain on sale of royalty | 29,839 | 29,839 |
| Asset retirement obligation, non-current | 6,649 | 11,751 |
| Other liabilities | — | 8 |
| Total liabilities | 42,241 | 49,332 |
| Commitments and contingencies - Note 17 | ||
| Stockholders’ equity | ||
| Common stock, $0.0001 par value; 1,400,000,000 shares authorized; 93,130,394 issued and outstanding at June 30, 2026, and 83,025,384 issued and outstanding at December 31, 2025, respectively | 9 | 8 |
| Additional paid-in capital | 1,146,615 | 1,040,417 |
| Accumulated deficit | (895,767) | (826,730) |
| Total stockholders’ equity | 250,857 | 213,695 |
| Total liabilities and stockholders’ equity | 293,098 | 263,027 |
Condensed Consolidated Statements of Cash Flows (Unaudited)
(in thousands)
| Description | Six months ended June 30, 2026 | Six months ended June 30, 2025 |
|---|---|---|
| Cash flows used in operating activities: | ||
| Net loss | (69,037) | (23,496) |
| Adjustments to reconcile net loss for the period to net cash used in operating activities: | ||
| Stock-based compensation | 32,166 | 1,164 |
| Depreciation and amortization | 688 | 1,032 |
| Asset retirement obligation adjustments and accretion | (5,124) | 666 |
| (Gain) loss on sale of assets, net | 114 | (68) |
| Other non-cash items | 181 | (484) |
| Non-cash interest expense | — | 6,076 |
| Changes in operating assets and liabilities: | ||
| Prepaids and deposits | (144) | (527) |
| Receivables | 309 | 97 |
| Contract liabilities | 750 | — |
| Supplies inventories, net | (199) | 30 |
| Accounts payable, accrued expenses, and other liabilities | (3,767) | (3,208) |
| Net cash used in operating activities | (44,063) | (18,718) |
| Cash flows from investing activities: | ||
| Additions to property, plant, and equipment | (847) | (397) |
| Proceeds from sale of assets | 68 | 68 |
| Proceeds from sale of equity investment securities | 625 | — |
| Net cash used in investing activities | (154) | (329) |
| Cash flows from financing activities: | ||
| Proceeds from issuance of common stock, net of issuance costs | 79,215 | 40,784 |
| Taxes paid related to net share settlement of equity awards | (4,197) | — |
| Principal payments | — | (25) |
| Net cash provided by financing activities | 75,018 | 40,759 |
| Net increase in cash, cash equivalents, and restricted cash | 30,801 | 21,712 |
| Cash, cash equivalents, and restricted cash, beginning of period | 204,231 | 77,057 |
| Cash, cash equivalents, and restricted cash, end of period | 235,032 | 98,769 |
| Reconciliation of cash, cash equivalents, and restricted cash: | ||
| Cash and cash equivalents | 220,549 | 68,768 |
| Restricted cash | 14,483 | 30,001 |
| Total cash, cash equivalents, and restricted cash | 235,032 | 98,769 |
Amounts as printed on the EDGAR/iXBRL face — (in thousands, except share and per share amounts); (in thousands, except share and par value amounts); (in thousands). Labels, columns, and figures are the filing face, not a GAAP stencil. Interactive statements & notes on EDGAR ↗