Ur-Energy Inc (URG) financial statements: income statement, balance sheet and cash flow
Ur-Energy Inc's income statement, balance sheet and cash flow statement as filed with the SEC (10-K and 10-Q), with the latest fiscal years and quarters. In its latest fiscal year (Dec 31, 2025 · FY), Ur-Energy Inc reported revenue of $27.2M (-19.3% year on year) and net income of ($74.9M) (-40.8% year on year).
Income statement
Ur-Energy Inc income statement, fiscal years
Line item
Dec 31, 2025 · FY
Dec 31, 2024 · FY
Dec 31, 2023 · FY
Dec 31, 2022 · FY
Sales
$27.2M
$33.7M
$17.7M
$19.0K
Cost of sales
($27.1M)
($42.7M)
($19.4M)
($6.9M)
Gross profit (loss)
$74.0K
($9.0M)
($1.7M)
($6.8M)
Operating costs
($69.5M)
($54.1M)
($29.2M)
($13.0M)
Operating profit (loss)
($69.4M)
($63.1M)
($30.8M)
($19.8M)
Interest income
$2.4M
—
—
—
Interest expense
($1.9M)
—
—
—
Mark to market gain (loss)
($6.1M)
$6.4M
—
—
Foreign exchange gain (loss)
($26.0K)
$80.0K
$325.0K
$27.0K
Other income (loss)
$172.0K
$35.0K
($24.0K)
—
Net income (loss)
($74.9M)
($53.2M)
($30.7M)
—
Foreign currency translation adjustment
($145.0K)
$471.0K
($547.0K)
$123.0K
Comprehensive income (loss)
($75.0M)
($52.7M)
($31.2M)
—
Basic
-$0.20
-$0.17
-$0.12
-$0.08
Diluted
-$0.20
-$0.17
-$0.12
-$0.08
Basic
368.4M
317.7M
260.0M
220.5B
Diluted
368.4M
317.7M
260.0M
220.5B
Ur-Energy Inc income statement, quarters
Line item
Jun 30, 2026 · Q2
Mar 31, 2026 · Q1
Sep 30, 2025 · Q3
Jun 30, 2025 · Q2
Sales
$14.4M
$3.9M
$6.3M
$10.4M
Cost of sales
($12.5M)
($2.7M)
($7.1M)
($8.5M)
Gross profit (loss)
$1.9M
$1.2M
($740.0K)
$1.9M
Operating costs
($20.3M)
($21.6M)
($19.1M)
($17.7M)
Operating profit (loss)
($18.4M)
($20.3M)
($19.8M)
($15.8M)
Interest income
$1.0M
$765.0K
$518.0K
$701.0K
Interest expense
($2.8M)
($2.9M)
($364.0K)
($290.0K)
Mark to market gain (loss)
$4.8M
($6.4M)
($7.9M)
($5.6M)
Foreign exchange gain (loss)
($1.4M)
($639.0K)
$5.0K
($24.0K)
Other income (loss)
$35.0K
$741.0K
$43.0K
$42.0K
Net income (loss)
($16.7M)
($28.8M)
($27.5M)
($21.0M)
Foreign currency translation adjustment
$1.4M
$914.0K
$100.0K
$73.0K
Comprehensive income (loss)
($15.3M)
($27.9M)
($27.4M)
($20.9M)
Basic
-$0.04
-$0.07
-$0.07
-$0.06
Diluted
-$0.04
-$0.07
-$0.07
-$0.06
Basic
397.5M
388.8M
367.1M
364.8M
Diluted
397.5M
388.8M
367.1M
364.8M
Balance sheet
Ur-Energy Inc balance sheet, fiscal years
Line item
Dec 31, 2025 · FY
Dec 31, 2024 · FY
Dec 31, 2023 · FY
Dec 31, 2022 · FY
Cash and cash equivalents
$123.9M
$76.1M
$59.7M
$33.0M
Inventory
$24.3M
$20.7M
$2.6M
$9.9M
Prepaid expenses and other current assets
$1.6M
$1.6M
$1.3M
$1.0M
Current portion of lease receivables (net)
$708.0K
$354.0K
—
—
Total current assets
$150.4M
$115.3M
$63.7M
$43.9M
Lease receivables (net)
$1.8M
$1.1M
—
—
Restricted cash and cash equivalents
$11.5M
$11.0M
$8.5M
$8.1M
Mineral properties (net)
$43.9M
$39.4M
$34.9M
—
Capital assets (net)
$49.7M
$27.3M
$21.0M
—
Capped call derivative
$15.1M
—
—
—
Total non-current assets
$122.0M
$78.9M
$64.7M
$64.0M
Total assets
$272.5M
$194.1M
$128.4M
$107.9M
Accounts payable and accrued liabilities
$10.4M
$4.5M
$2.4M
$1.2M
Inventory derivative obligation (net)
$16.6M
$14.4M
—
—
Current portion of financing lease liabilities
$484.0K
$309.0K
—
—
Environmental remediation accrual
$164.0K
$63.0K
$69.0K
—
Total current liabilities
$27.7M
$19.3M
$10.0M
$6.6M
Long-term debt
$66.4M
—
$0
—
Conversion option derivative
$52.3M
—
—
—
Warrant liability
$1.5M
$2.5M
$11.5M
$2.4M
Asset retirement obligations
$44.5M
$36.9M
$31.2M
$30.7M
Financing lease liabilities
$1.3M
$931.0K
—
—
Stock option liabilities
$1.3M
$1.8M
—
—
Total non-current liabilities
$167.4M
$42.1M
$43.5M
$38.8M
Share capital
$432.8M
$413.2M
$302.2M
$258.6M
Contributed surplus
$19.6M
$19.5M
$19.9M
$19.8M
Accumulated other comprehensive income
$4.0M
$4.2M
$3.7M
$4.3M
Accumulated deficit
($379.0M)
($304.1M)
($250.9M)
($220.3M)
Total shareholders' equity
$77.5M
$132.8M
$74.9M
$62.5M
Total liabilities and shareholders' equity
$272.5M
$194.1M
$128.4M
$107.9M
Ur-Energy Inc balance sheet, quarters
Line item
Jun 30, 2026
Mar 31, 2026
Sep 30, 2025
Jun 30, 2025
Cash and cash equivalents
$95.3M
$122.8M
$52.0M
$57.6M
Marketable securities
$342.0K
$412.0K
—
—
Inventory
$22.6M
$28.0M
$19.2M
$20.9M
Prepaid expenses and other current assets
$2.1M
$2.1M
$2.7M
$1.8M
Current portion of lease receivables (net)
$685.0K
$697.0K
$654.0K
$643.0K
Total current assets
$121.0M
$154.1M
$76.6M
$81.0M
Lease receivables (net)
$1.5M
$1.7M
$2.0M
$2.2M
Restricted cash and cash equivalents
$13.0M
$12.9M
$11.4M
$11.3M
Mineral properties (net)
$47.1M
$45.5M
$40.9M
$41.5M
Capital assets (net)
$74.2M
$61.2M
$40.1M
$35.4M
Capped call derivative
$13.9M
$16.3M
—
—
Total non-current assets
$149.7M
$137.5M
$94.3M
$90.4M
Total assets
$270.7M
$291.6M
$170.9M
$171.3M
Accounts payable and accrued liabilities
$12.1M
$16.7M
$8.6M
$7.1M
Inventory derivative obligation (net)
$17.5M
$17.3M
$0
$15.9M
Current portion of financing lease liabilities
$567.0K
$513.0K
$1.0M
$1.0M
Environmental remediation accrual
$116.0K
$236.0K
$122.0K
$63.0K
Total current liabilities
$30.3M
$34.7M
$9.8M
$24.1M
Financing lease liabilities
$1.3M
$1.2M
$1.4M
$1.3M
Long-term debt
$69.3M
$67.6M
—
—
Conversion option derivative
$48.6M
$56.2M
—
—
Asset retirement obligations
$50.8M
$47.4M
$40.5M
$40.1M
Stock option liabilities
$1.4M
$1.7M
$2.7M
$1.3M
Total non-current liabilities
$171.5M
$174.0M
$70.5M
$45.2M
Share capital
$466.7M
$465.9M
$430.2M
$413.9M
Contributed surplus
$20.3M
$19.8M
$19.5M
$19.9M
Accumulated other comprehensive income
$6.4M
$5.0M
$4.3M
$4.2M
Accumulated deficit
($424.5M)
($407.8M)
($363.4M)
($336.0M)
Total shareholders' equity
$68.9M
$82.9M
$90.7M
$102.1M
Total liabilities and shareholders' equity
$270.7M
$291.6M
$170.9M
$171.3M
Cash flow statement
Ur-Energy Inc cash flow statement, fiscal years
Line item
Dec 31, 2025 · FY
Dec 31, 2024 · FY
Dec 31, 2023 · FY
Dec 31, 2022 · FY
Net income (loss)
($74.9M)
($53.2M)
($30.7M)
—
Stock based compensation
$1.9M
$2.4M
$1.0M
$1.1M
Net realizable value adjustments
$2.7M
$6.0M
$10.7M
$6.9M
Amortization of mineral properties
$1.9M
$387.0K
$814.0K
—
Depreciation of capital assets
$3.8M
$2.7M
$2.2M
$1.8M
Accretion of asset retirement obligations
$1.2M
$760.0K
$497.0K
$460.0K
Amortization of debt discount
$459.0K
—
—
—
Provision for reclamation
$101.0K
($6.0K)
$0
($2.0K)
Mark to market loss (gain)
$6.1M
($6.4M)
$1.6M
—
Loss (gain) on sale of assets
$225.0K
—
—
—
Unrealized foreign exchange gain
$28.0K
($80.0K)
($319.0K)
($25.0K)
Trade receivables
$16.5M
($16.5M)
—
($4.0K)
Inventory
($6.3M)
($24.2M)
($3.4M)
($8.8M)
Lease receivables
$770.0K
($1.2M)
—
—
Prepaid expenses and other current assets
$791.0K
($251.0K)
($178.0K)
($136.0K)
Accounts payable and accrued liabilities
$1.5M
$2.1M
$991.0K
($1.7M)
Net cash provided by (used in) operating activities
($43.1M)
($71.9M)
($17.0M)
($18.1M)
Purchase of capital assets
($23.6M)
($9.0M)
($2.0M)
($709.0K)
Net cash provided by (used in) investing activities
($23.6M)
($9.0M)
($2.0M)
($709.0K)
Issuance of common shares for cash
16.0M
97.6M
53.1M
—
Share issue costs
($399.0K)
($4.7M)
($3.2M)
($94.0K)
Proceeds from convertible notes issuance
$120.0M
—
—
—
Convertible notes financing costs
($5.0M)
—
—
—
Purchase of capped call
($16.6M)
—
—
—
Proceeds from exercise of warrants and stock options
$1.8M
$12.4M
$1.6M
$3.7M
RSU redeemed for cash
($109.0K)
($60.0K)
($69.0K)
($205.0K)
Changes in financial lease liability
($692.0K)
$391.0K
—
—
Net cash provided by (used in) financing activities
$114.9M
$99.9M
$46.1M
$5.9M
Effects of foreign exchange rate changes on cash
$86.0K
($97.0K)
$45.0K
—
Increase (decrease) in cash and cash equivalents, and restricted cash and cash equivalents
$48.3M
$18.8M
$27.1M
($13.0M)
Beginning cash and cash equivalents, and restricted cash and cash equivalents
$87.1M
$68.2M
$41.1M
$54.2M
Ending cash and cash equivalents, and restricted cash and cash equivalents
$135.3M
$87.1M
—
—
Ur-Energy Inc cash flow statement, quarters
Line item
Jun 30, 2026 · YTD
Mar 31, 2026 · Q1
Sep 30, 2025 · YTD
Jun 30, 2025 · YTD
Net income (loss)
($45.5M)
($28.8M)
($59.3M)
($31.9M)
Stock based compensation
$1.2M
$623.0K
$2.2M
$545.0K
Net realizable value adjustments
$154.0K
—
$2.7M
$2.7M
Amortization of mineral properties
$2.1M
$902.0K
$1.2M
$542.0K
Depreciation of capital assets
$2.1M
$1.0M
$2.7M
$1.7M
Accretion of asset retirement obligations
$917.0K
$429.0K
$902.0K
$558.0K
Amortization of debt discount
$3.2M
$1.5M
—
—
Provision for reclamation
($48.0K)
$72.0K
$59.0K
—
Mark to market loss (gain)
$1.6M
$6.4M
$9.2M
$1.3M
Loss (gain) on sale of assets
($691.0K)
($689.0K)
$95.0K
$19.0K
Unrealized foreign exchange gain
$2.0M
($21.0K)
$21.0K
$27.0K
Inventory
$1.5M
($3.7M)
($1.1M)
($2.8M)
Lease receivables
$282.0K
$109.0K
$419.0K
$263.0K
Prepaid expenses and other current assets
($650.0K)
($925.0K)
($678.0K)
($202.0K)
Accounts payable and accrued liabilities
$3.2M
$6.7M
$2.8M
$1.5M
Net cash provided by (used in) operating activities
($28.5M)
($16.5M)
($24.3M)
($9.3M)
Investment in marketable securities
($44.0K)
—
—
—
Proceeds from sale of capital assets
$138.0K
$136.0K
—
—
Purchase of capital assets
($27.4M)
($12.3M)
($14.2M)
($8.9M)
Net cash provided by (used in) investing activities
($27.3M)
($12.2M)
($14.2M)
($8.9M)
Convertible notes financing costs
($271.0K)
($206.0K)
—
—
Proceeds from exercise of warrants and stock options
$29.2M
$28.7M
$573.0K
$205.0K
RSU redeemed for cash
($35.0K)
($35.0K)
($60.0K)
($60.0K)
Payments on financing lease liability
($260.0K)
($125.0K)
($449.0K)
($230.0K)
Net cash provided by (used in) financing activities
$28.6M
$28.4M
$14.9M
($85.0K)
Effects of foreign exchange rate changes on cash
$44.0K
$635.0K
$53.0K
$54.0K
Increase (decrease) in cash and cash equivalents, and restricted cash and cash equivalents
($27.1M)
$351.0K
($23.7M)
($18.2M)
Beginning cash and cash equivalents, and restricted cash and cash equivalents
$135.3M
$135.3M
$87.1M
$87.1M
Ending cash and cash equivalents, and restricted cash and cash equivalents