Financial insights of NIOBW

MyFinsight

For the quarter ending 2026-03-31.

Income Statement	2026-03-31	2025-12-31	2025-09-30
Employee related costs	1,475	1,291	2,216
Professional fees	1,243	1,313	875
Exploration expenditures	2,296	4,716	-
Exploration reimbursements recognized	-603	-84	-
Exploration expenditures	1,693	4,632	7,084
Other operating expenses	2,919	2,266	1,843
Total operating expenses	7,330	9,502	12,018
Change in fair value of earnout shares liability	-2,679	-4,189	-
Change in fair value of warrant liabilities	-2,156	-1,732	-
Change in fair value of earnout shares liability	-	-	14,496
Change in fair value of convertible notes	0	0	-
Change in fair value of warrant liabilities	-	-	17,558
Interest expense	0	0	-
Foreign exchange loss (gain)	-4	-8	5
Interest income	2,823	2,384	560
Other gains	0	0	-
(gain) loss on equity securities	1	-	-
Income (loss) before income taxes	325	-1,205	-
Loss before income taxes	-	-	-43,507
Income tax benefit	0	0	-
Net loss and comprehensive loss	-	-	-43,507
Net income (loss) and comprehensive income (loss)	325	-1,205	-
Less net loss attributable to redeemable noncontrolling interest	-	-	-848
Less net (loss) attributable to redeemable noncontrolling interest	-344	-582	-
Net loss and comprehensive loss attributable to the company	-	-	-42,659
Net income (loss) and comprehensive income (loss) attributable to the company	669	-623	-

Basic EPS	0.01	0	-
Diluted EPS	0.01	0	-
Basic Average Shares	132,104,478	116,822,155	76,059,283
Diluted Average Shares	136,150,592	116,822,155	-

Unit: Thousand (K) dollars (except for numbers of shares and EPS). Numbers labeled with * are estimated quarterly values.