Westwater Resources Files 2024 10-K
Ticker: WWR · Form: 10-K · Filed: 2025-03-20T00:00:00.000Z
Sentiment: neutral
Topics: 10-K, metal-mining, filing-update
TL;DR
WWRS 2024 10-K is in. Key deals with Lincoln Park & H.C. Wainwright highlighted.
AI Summary
Westwater Resources, Inc. filed its 2024 10-K on March 20, 2025, reporting its fiscal year ending December 31, 2024. The company, formerly known as Uranium Resources Inc /DE/, is involved in metal mining. Key agreements mentioned include an ATM Offering Agreement and Stock Purchase Agreement with Lincoln Park Capital Fund, LLC, dated December 4, 2020, and an ATM Sales Agreement with H.C. Wainwright, last updated August 30, 2024.
Why It Matters
This filing provides a comprehensive overview of Westwater Resources' financial performance and operational status for the fiscal year 2024, crucial for investors assessing the company's trajectory in the metal mining sector.
Risk Assessment
Risk Level: medium — The company operates in the volatile metal mining sector, which is subject to significant price fluctuations and regulatory changes.
Key Numbers
- 2024 — Fiscal Year End (Reporting period for the 10-K)
- 20250320 — Filing Date (Date the 10-K was submitted to the SEC)
Key Players & Entities
- WESTWATER RESOURCES, INC. (company) — Filer
- Uranium Resources Inc /DE/ (company) — Former company name
- Lincoln Park Capital Fund, LLC (company) — Party to ATM Offering Agreement and Stock Purchase Agreement
- H.C. Wainwright (company) — Party to ATM Sales Agreement
- 2024-12-31 (date) — Fiscal year end
- 20250320 (date) — Filing date
FAQ
What is the primary business of Westwater Resources, Inc.?
Westwater Resources, Inc. is primarily involved in metal mining, as indicated by its Standard Industrial Classification code [1000].
When did Westwater Resources, Inc. file its 2024 10-K?
Westwater Resources, Inc. filed its 2024 10-K on March 20, 2025.
What is the former name of Westwater Resources, Inc.?
The former name of Westwater Resources, Inc. was Uranium Resources Inc /DE/, with a date of name change on July 3, 1992.
Which entities are mentioned in relation to ATM agreements?
Lincoln Park Capital Fund, LLC is mentioned in relation to an ATM Offering Agreement and Stock Purchase Agreement dated December 4, 2020. H.C. Wainwright is mentioned in relation to an ATM Sales Agreement last updated August 30, 2024.
What is the company's principal business address?
The company's principal business address is 6950 S. POTOMAC STREET, SUITE 300, CENTENNIAL, CO 80112.
From the Filing
0001558370-25-003382.txt : 20250320 0001558370-25-003382.hdr.sgml : 20250320 20250320163047 ACCESSION NUMBER: 0001558370-25-003382 CONFORMED SUBMISSION TYPE: 10-K PUBLIC DOCUMENT COUNT: 91 CONFORMED PERIOD OF REPORT: 20241231 FILED AS OF DATE: 20250320 DATE AS OF CHANGE: 20250320 FILER: COMPANY DATA: COMPANY CONFORMED NAME: WESTWATER RESOURCES, INC. CENTRAL INDEX KEY: 0000839470 STANDARD INDUSTRIAL CLASSIFICATION: METAL MINING [1000] ORGANIZATION NAME: 01 Energy & Transportation IRS NUMBER: 752212772 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-33404 FILM NUMBER: 25756922 BUSINESS ADDRESS: STREET 1: 6950 S. POTOMAC STREET STREET 2: SUITE 300 CITY: CENTENNIAL STATE: CO ZIP: 80112 BUSINESS PHONE: (303) 531-0470 MAIL ADDRESS: STREET 1: 6950 S. POTOMAC STREET STREET 2: SUITE 300 CITY: CENTENNIAL STATE: CO ZIP: 80112 FORMER COMPANY: FORMER CONFORMED NAME: URANIUM RESOURCES INC /DE/ DATE OF NAME CHANGE: 19920703 10-K 1 wwr-20241231x10k.htm 10-K WESTWATER RESOURCES, INC._December 31, 2024 0000839470 2024 FY false DE 0000839470 wwr:AtmOfferingAgreementAndStockPurchaseAgreementMember 2024-12-31 0000839470 wwr:LincolnParkCapitalFundLlcMember wwr:StockPurchaseAgreementMember 2020-12-04 0000839470 wwr:AtmSalesAgreementWithH.c.WainwrightMember 2024-12-31 0000839470 wwr:AtmOfferingAgreementAndStockPurchaseAgreementMember 2024-08-30 0000839470 srt:MaximumMember wwr:AtmSalesAgreementWithH.c.WainwrightMember 2024-08-30 2024-08-30 0000839470 wwr:CantorFitzgeraldCoMember srt:MaximumMember wwr:AtmOfferingMember 2017-04-14 2017-04-14 0000839470 srt:MinimumMember country:US 2024-01-01 2024-12-31 0000839470 srt:MinimumMember country:TR 2024-01-01 2024-12-31 0000839470 srt:MaximumMember country:TR 2024-01-01 2024-12-31 0000839470 srt:ScenarioPreviouslyReportedMember 2024-01-01 2024-12-31 0000839470 wwr:AtmSalesAgreementWithH.c.WainwrightMember 2024-08-30 2024-08-30 0000839470 wwr:AtmOfferingAgreementAndStockPurchaseAgreementMember 2024-08-30 2024-08-30 0000839470 wwr:LincolnParkCapitalFundLlcMember wwr:StockPurchaseAgreementMember 2020-12-04 2020-12-04 0000839470 wwr:AlabamaGraphiteMember 2024-12-31 0000839470 wwr:AtmOfferingAgreementAndStockPurchaseAgreementMember 2024-10-11 2024-10-11 0000839470 srt:MaximumMember country:US 2024-01-01 2024-12-31 0000839470 us-gaap:MoneyMarketFundsMember us-gaap:FairValueInputsLevel1Member us-gaap:FairValueMeasurementsRecurringMember 2024-12-31 0000839470 us-gaap:MoneyMarketFundsMember us-gaap:FairValueMeasurementsRecurringMember 2024-12-31 0000839470 us-gaap:FairValueInputsLevel1Member us-gaap:FairValueMeasurementsRecurringMember 2024-12-31 0000839470 us-gaap:FairValueMeasurementsRecurringMember 2024-12-31 0000839470 us-gaap:MoneyMarketFundsMember us-gaap:FairValueInputsLevel1Member us-gaap:FairValueMeasurementsRecurringMember 2023-12-31 0000839470 us-gaap:MoneyMarketFundsMember us-gaap:FairValueMeasurementsRecurringMember 2023-12-31 0000839470 us-gaap:FairValueInputsLevel1Member us-gaap:FairValueMeasurementsRecurringMember 2023-12-31 0000839470 us-gaap:FairValueMeasurementsRecurringMember 2023-12-31 0000839470 wwr:AtmOfferingAgreementAndStockPurchaseAgreementMember 2024-10-11 0000839470 us-gaap:CommonStockMember 2024-01-01 2024-12-31 0000839470 us-gaap:CommonStockMember 2023-01-01 2023-12-31 0000839470 us-gaap:TreasuryStockCommonMember 2024-12-31 0000839470 us-gaap:RetainedEarningsMember 2024-12-31 0000839470 us-gaap:AdditionalPaidInCapitalMember 2024-12-31 0000839470 us-gaap:TreasuryStockCommonMember 2023-12-31 0000839470 us-gaap:RetainedEarningsMember 2023-12-31 0000839470 us-gaap:AdditionalPaidInCapitalMember 2023-12-31 0000839470 us-gaap:TreasuryStockCommonMember 2022-12-31 0000839470 us-gaap:RetainedEarningsMember 2022-12-31 0000839470 us-gaap:AdditionalPaidInCapitalMember 2022-12-31 0000839470 us-gaap:CommonStockMember 2024-12-31 0000839470 us-gaap:CommonStockMember 2023-12-31 0000839470 us-gaap:CommonStockMember 2022-12-31 000083