Uranium Energy Corp. Q3 2024 10-Q Filed
Ticker: UEC · Form: 10-Q · Filed: Jun 10, 2024 · CIK: 1334933
| Field | Detail |
|---|---|
| Company | Uranium Energy CORP (UEC) |
| Form Type | 10-Q |
| Filed Date | Jun 10, 2024 |
| Risk Level | medium |
| Pages | 15 |
| Reading Time | 18 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: uranium, 10-q, financials
TL;DR
**UEC Q3 2024 10-Q: $750M assets reported. Fiscal year ends July 31.**
AI Summary
Uranium Energy Corp. filed its 10-Q for the period ending April 30, 2024, reporting total assets of $750,000,000. The company's fiscal year ends on July 31st. This filing covers the third quarter of their 2024 fiscal year.
Why It Matters
This filing provides a snapshot of Uranium Energy Corp.'s financial health and operational status as of April 30, 2024, crucial for investors assessing the company's performance in the uranium sector.
Risk Assessment
Risk Level: medium — The company operates in the volatile uranium mining sector, which is subject to commodity price fluctuations and regulatory changes.
Key Numbers
- $750,000,000 — Total Assets (As of April 30, 2024, indicating the company's overall financial resources.)
- 0731 — Fiscal Year End (The company's fiscal year concludes on July 31st, important for understanding reporting cycles.)
Key Players & Entities
- Uranium ENERGY CORP (company) — Filer
- 20240430 (date) — Reporting Period End Date
- 0731 (date) — Fiscal Year End
- $750,000,000 (dollar_amount) — Total Assets
FAQ
What were the total assets reported by Uranium Energy Corp. as of April 30, 2024?
Uranium Energy Corp. reported total assets of $750,000,000 as of April 30, 2024.
When does Uranium Energy Corp.'s fiscal year end?
The company's fiscal year ends on July 31st.
What period does this 10-Q filing cover?
This 10-Q filing covers the period ending April 30, 2024.
What is the SEC file number for Uranium Energy Corp.'s 10-Q filing?
The SEC file number is 001-33706.
In which state was Uranium Energy Corp. incorporated?
Uranium Energy Corp. was incorporated in Nevada (NV).
Filing Stats: 4,595 words · 18 min read · ~15 pages · Grade level 16.7 · Accepted 2024-06-07 19:21:56
Filing Documents
- uec20240412_10q.htm (10-Q) — 1929KB
- ex_653136.htm (EX-31.1) — 12KB
- ex_653137.htm (EX-31.2) — 12KB
- ex_653138.htm (EX-32.1) — 5KB
- 0001437749-24-019731.txt ( ) — 8910KB
- uec-20240430.xsd (EX-101.SCH) — 86KB
- uec-20240430_cal.xml (EX-101.CAL) — 53KB
- uec-20240430_def.xml (EX-101.DEF) — 423KB
- uec-20240430_lab.xml (EX-101.LAB) — 402KB
- uec-20240430_pre.xml (EX-101.PRE) — 480KB
- uec20240412_10q_htm.xml (XML) — 1783KB
– FINANCIAL INFORMATION
PART I – FINANCIAL INFORMATION 4 Item 1.
Financial Statements
Financial Statements 4 Item 2.
Management's Discussion and Analysis of Financial Condition and Results of Operations
Management's Discussion and Analysis of Financial Condition and Results of Operations 26 Item 3.
Quantitative and Qualitative Disclosures About Market Risk
Quantitative and Qualitative Disclosures About Market Risk 36 Item 4.
Controls and Procedures
Controls and Procedures 36
– OTHER INFORMATION
PART II – OTHER INFORMATION 36 Item 1.
Legal Proceedings
Legal Proceedings 36 Item 1A.
Risk Factors
Risk Factors 37 Item 2. Unregistered Sales of Equity Securities and Use of Proceeds 48 Item 3. Defaults Upon Senior Securities 49 Item 4. Mine Safety Disclosures 49 Item 5. Other Information 49 Item 6. Exhibits 49
SIGNATURES
SIGNATURES 50 3 Table of Contents
– FINANCIAL INFORMATION
PART I – FINANCIAL INFORMATION
Financial Statements
Item 1. Financial Statements 4 Table of Contents URANIUM ENERGY CORP. CONDENSED CONSOLIDATED FINANCIAL STATEMENTS FOR THE three and nine months ended April 30, 2024 (Unaudited – Expressed in thousands of U.S. dollars unless otherwise stated) 5 Table of Contents URANIUM ENERGY CORP. CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited – Expressed in thousands of U.S. dollars) Notes April 30, 2024 July 31, 2023 CURRENT ASSETS Cash and cash equivalents $ 87,726 $ 45,614 Inventories 3 63,387 6,207 Prepaid expenses and deposits 3,407 2,682 Other current assets 954 702 TOTAL CURRENT ASSETS 155,474 55,205 MINERAL RIGHTS AND PROPERTIES 4 558,436 565,560 PROPERTY, PLANT AND EQUIPMENT 5 19,959 19,728 RESTRICTED CASH 6 7,251 7,251 EQUITY-ACCOUNTED INVESTMENTS 7 62,548 48,110 INVESTMENT IN EQUITY SECURITIES 8 71,343 38,656 OTHER NON-CURRENT ASSETS 3,257 3,079 TOTAL ASSETS $ 878,268 $ 737,589 CURRENT LIABILITIES Accounts payable and accrued liabilities $ 4,486 $ 10,525 Asset retirement obligations - current 9 1,481 1,515 Derivative liabilities 10 8,068 - Other current liabilities 277 154 TOTAL CURRENT LIABILITIES 14,312 12,194 ASSET RETIREMENT OBLIGATIONS 9 17,893 17,155 OTHER NON-CURRENT LIABILITIES 1,521 1,020 DERIVATIVE LIABILITIES 10 - 4,313 DEFERRED TAX LIABILITIES 65,902 71,080 TOTAL LIABILITIES 99,628 105,762 STOCKHOLDERS' EQUITY Capital stock Common stock $ 0.001 par value: 750,000,000 shares authorized, 405,951,114 shares issued and outstanding (July 31, 2023 - 378,452,864 ) 11 406 378 Additional paid-in capital 1,094,795 924,737 Accumulated deficit ( 303,786 ) ( 289,680 ) Accumulated other comprehensive loss ( 12,775 ) ( 3,608 ) TOTAL EQUITY 778,640 631,827 TOTAL LIABILITIES AND EQUITY $ 878,268 $ 737,589 COMMITMENTS AND CONTINGENCIES 3,9 SUBSEQUENT EVENTS 11 The accompanying notes are an integral part of these condensed consolidated financial