NIOCORP DEVELOPMENTS LTD (NB) Form 10-Q — May 14, 2026
NioCorp Developments Ltd. reported a net loss of $42.6 million for the nine months ended March 31, 2026, driven by operating expenses and fair value adjustments on warrant and earnout liabilities. Despite the loss, the company’s cash position surged to $419.2 million, up from $25.6 million a year prior, following multiple equity offerings including a $93.4 million registered offering in February 2026. The company disclosed that material weaknesses in its internal control over financial reporting continue to exist as of March 31, 2026.
Key figures
- Total Debt
- 0
- Total Assets
- 468973
- Cash Position
- 419196
- Shares Outstanding
- 145587048
- Working Capital
- 409874
- Earnout Liability
- 13508
- Warrant Liabilities
- 11472
- Portal Project Budget
- 44600000
- Interest Income Nine Months
- 5767
- Portal Project Spent To Date
- 1800000
- Estimated Total Upfront Capex
- 1141000000
- Operating Expenses Nine Months
- 28850
- Planned Cash Outflows Next12 Months
- 65.0M-75.0M
Price after filing
Close on the filing date to close N calendar days later (from $5.86). Historical, not a forecast.
AI analysis
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