XPL: the balance sheet

MyFinsight

Balance Sheets	2026-03-31	2025-12-31	2025-09-30	2025-06-30
Investments in marketable equity securities, at fair value	NaN	NaN	357	401
Cash and cash equivalents	167	82	372	195
Short-term investments	8,275	7,573	7,573	8,823
Investments in marketable equity securities, at fair value	237	294	NaN	NaN
Prepaid expenses and other current assets	171	61	68	229
Total current assets	8,850	8,010	8,370	9,648
Mineral properties	16,732	16,732	16,706	16,701
Restricted cash - mineral property reclamation bonds	230	230	230	230
Other assets	48	58	66	84
Total assets	25,860	25,030	25,372	26,663

Accounts payable	271	208	467	461
Kinross call option liability	NaN	0	0	0
Operating lease liability	0	7	18	29
Total current liabilities	271	215	485	490
Asset retirement obligation and reclamation liabilities	145	145	145	145
Total long-term liabilities	145	145	145	145
Common stock, 0.01 par value, authorized 200,000,000 shares (92,541,749 and 90,901,324 shares, respectively, issued and outstanding at march 31, 2026 and december 31, 2025)	925	909	906	900
Additional paid-in capital	91,856	90,604	90,170	89,592
Accumulated deficit	-67,337	-66,843	-66,334	-64,464
Total shareholders' equity	25,444	24,670	24,742	26,028
Total liabilities and shareholders' equity	25,860	25,030	25,372	26,663

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