Golden Minerals (AUMN) 10-Q9 Nov 222022 Q3 Quarterly reportFinancial data

Company Profile

Document and Entity Information

Document and Entity Information - shares	9 Months Ended
Document and Entity Information - shares	Sep. 30, 2022	Nov. 10, 2022
Cover [Abstract]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Sep. 30, 2022
Document Transition Report	false
Entity File Number	1-13627
Entity Registrant Name	Golden Minerals Co
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	26-4413382
Entity Address, Address Line One	350 INDIANA STREET, SUITE 650
Entity Address, City or Town	GOLDEN
Entity Address, State or Province	CO
Entity Address, Postal Zip Code	80401
City Area Code	303
Local Phone Number	839-5060
Title of 12(b) Security	Common Stock, $0.01 par value
Trading Symbol	AUMN
Security Exchange Name	NYSEAMER
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Non-accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		167,477,992
Entity Central Index Key	0001011509
Current Fiscal Year End Date	--12-31
Document Fiscal Year Focus	2022
Document Fiscal Period Focus	Q3
Amendment Flag	false

CONDENSED CONSOLIDATED BALANCE

CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Sep. 30, 2022	Dec. 31, 2021
Current assets
Cash and cash equivalents (Note 4)	$ 6,504	$ 12,229
Short-term investments (Note 4)	35	67
Inventories, net (Note 6)	1,786	1,608
Value added tax receivable, net (Note 7)	1,770	1,290
Prepaid expenses and other assets (Note 5)	1,182	1,145
Total current assets	11,277	16,339
Property, plant and equipment, net (Note 8)	6,404	6,627
Investments (Note 4)	225	0
Other long-term assets (Note 9)	643	747
Total assets	18,549	23,713
Current liabilities
Accounts payable and other accrued liabilities (Note 10)	4,345	3,509
Deferred revenue (Note 8)	344	1,469
Other current liabilities (Note 11)	276	721
Total current liabilities	4,965	5,699
Asset retirement and reclamation liabilities (Note 12)	3,805	3,569
Other long-term liabilities (Note 11)	149	353
Total liabilities	8,919	9,621
Commitments and contingencies (Note 19)
Equity (Note 15)
Common stock, $.01 par value, 350,000,000 shares authorized; 167,477,992 and 162,804,612 shares issued and outstanding respectively	1,675	1,628
Additional paid-in capital	541,835	540,518
Accumulated deficit	(533,880)	(528,054)
Shareholders' equity	9,630	14,092
Total liabilities and equity	$ 18,549	$ 23,713

CONDENSED CONSOLIDATED BALANC_2

CONDENSED CONSOLIDATED BALANCE SHEETS (Parenthetical) - $ / shares	Sep. 30, 2022	Dec. 31, 2021
CONDENSED CONSOLIDATED BALANCE SHEETS
Common stock, par value (in dollars per share)	$ 0.01	$ 0.01
Common stock, shares authorized	350,000,000	350,000,000
Common stock, shares issued	167,477,992	162,804,612
Common stock, shares outstanding	167,477,992	162,804,612

CONDENSED CONSOLIDATED STATEMEN

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)	3 Months Ended		9 Months Ended
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Revenue:
Sale of metals (Note 16)	$ 5,268,000	$ 8,479,000	$ 18,700,000	$ 16,118,000
Total revenue	5,268,000	8,479,000	18,700,000	16,118,000
Costs and expenses:
Cost of metals sold (exclusive of depreciation shown below) (Note 16)	(4,374,000)	(4,292,000)	(13,335,000)	(9,156,000)
Exploration expense	(2,376,000)	(2,146,000)	(7,038,000)	(4,021,000)
El Quevar project expense	(154,000)	(90,000)	(448,000)	(249,000)
Velardea care and maintenance costs	(370,000)	(414,000)	(843,000)	(754,000)
Administrative expense	(918,000)	(911,000)	(3,466,000)	(3,451,000)
Stock-based compensation	(194,000)	(75,000)	(543,000)	(1,491,000)
Reclamation expense	(71,000)	(67,000)	(211,000)	(196,000)
Other operating income, net	384,000	138,000	1,274,000	472,000
Depreciation and amortization	(89,000)	(143,000)	(241,000)	(466,000)
Total costs and expenses	(8,162,000)	(8,000,000)	(24,851,000)	(19,312,000)
(Loss) income from operations	(2,894,000)	479,000	(6,151,000)	(3,194,000)
Other income (expense):
Interest and other expense, net (Note 17)	(3,000)	(13,000)	(17,000)	(336,000)
Gain on foreign currency transactions	154,000	133,000	252,000	156,000
Total other income (expense)	151,000	120,000	235,000	(180,000)
(Loss) gain from operations before income taxes	(2,743,000)	599,000	(5,916,000)	(3,374,000)
Income taxes (Note 14)	46,000	(188,000)	90,000	(203,000)
Net (loss) income	$ (2,697,000)	$ 411,000	$ (5,826,000)	$ (3,577,000)
Net income (loss) per common share - basic
Net (loss) income per common share - basic	$ (0.02)	$ 0	$ (0.04)	$ (0.02)
Weighted-average shares outstanding - basic (1)	166,948,751	162,477,039	164,872,701	161,751,452

CONDENSED CONSOLIDATED STATEM_2

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Parenthetical) - shares	9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021
Employee Stock Option
Dilutive shares	11,005,040	9,533,372
Warrant
Dilutive shares	9,803,846	14,303,846

CONDENSED CONSOLIDATED STATEM_3

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)	3 Months Ended		9 Months Ended
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Cash flows from operating activities:
Net cash used in operating activities (Note 18)			$ (6,401,000)	$ (2,093,000)
Cash flows from investing activities:
Proceeds from sale of assets			125,000	17,000
Investment in Golden Gryphon Explorations Inc.			(225,000)
Acquisitions of property, plant and equipment	$ (19,000)	$ (171,000)	(46,000)	(1,542,000)
Net cash used in investing activities			(146,000)	(1,525,000)
Cash flows from financing activities:
Proceeds from issuance of common stock, net of issuance costs			1,050,000	2,714,000
Common stock shares relinquished to pay taxes			(228,000)
Net cash from financing activities			822,000	2,714,000
Net decrease in cash and cash equivalents			(5,725,000)	(904,000)
Cash and cash equivalents, beginning of period			12,229,000	9,704,000
Cash and cash equivalents, end of period	$ 6,504,000	$ 8,800,000	$ 6,504,000	$ 8,800,000

CONDENSED CONSOLIDATED STATEM_4

CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY - USD ($) $ in Thousands	Scenario, Previously Reported [Member] Common Stock [Member]	Scenario, Previously Reported [Member] Additional Paid-in Capital [Member]	Scenario, Previously Reported [Member] Accumulated Deficit [Member]	Scenario, Previously Reported [Member]	Revision of Prior Period Error Correction Adjustment Accumulated Deficit [Member]	Revision of Prior Period Error Correction Adjustment	Common Stock [Member]	Additional Paid-in Capital [Member]	Accumulated Deficit [Member]	Total
Balance at Dec. 31, 2020							$ 1,575	$ 536,263	$ (525,866)	$ 11,972
Balance (in shares) at Dec. 31, 2020							157,512,652
Increase (Decrease) in Stockholders' Equity
Stock compensation accrued (Note 15)								429		429
Shares issued under the at-the-market offering agreement, net (Note 15)							$ 19	1,681		1,700
Shares issued under the at-the-market offering agreement, net (Note 15) (in shares)							1,856,960
Warrants exercised							$ 31	984		1,015
Warrants exercised (in shares)							3,100,000
Net loss									(3,178)	(3,178)
Balance at Mar. 31, 2021							$ 1,625	539,357	(529,044)	11,938
Balance (in shares) at Mar. 31, 2021							162,469,612
Balance at Dec. 31, 2020							$ 1,575	536,263	(525,866)	11,972
Balance (in shares) at Dec. 31, 2020							157,512,652
Increase (Decrease) in Stockholders' Equity
Net loss										(3,577)
Balance at Sep. 30, 2021							$ 1,628	540,416	(529,443)	12,601
Balance (in shares) at Sep. 30, 2021							162,804,612
Balance at Mar. 31, 2021							$ 1,625	539,357	(529,044)	11,938
Balance (in shares) at Mar. 31, 2021							162,469,612
Increase (Decrease) in Stockholders' Equity
Stock compensation accrued and restricted stock awards granted (Note 15)							$ 3	984		987
Stock compensation accrued and restricted stock awards granted (Note 15) (in shares)							335,000
Net loss									(810)	(810)
Balance at Jun. 30, 2021							$ 1,628	540,341	(529,854)	12,115
Balance (in shares) at Jun. 30, 2021							162,804,612
Increase (Decrease) in Stockholders' Equity
Stock compensation accrued (Note 15)								75		75
Net loss									411	411
Balance at Sep. 30, 2021							$ 1,628	540,416	(529,443)	12,601
Balance (in shares) at Sep. 30, 2021							162,804,612
Balance at Dec. 31, 2021	$ 1,628	$ 540,518	$ (527,961)	$ 14,185	$ (93)	$ (93)	$ 1,628	540,518	(528,054)	14,092
Balance (in shares) at Dec. 31, 2021	162,804,612						162,804,612
Increase (Decrease) in Stockholders' Equity
Stock compensation accrued (Note 15)								149		149
KELTIP shares issued net of shares relinquished to cover withholding taxes (Note 15)							$ 11	(240)		(229)
KELTIP shares issued net of shares relinquished to cover withholding taxes (Note 15) (in shares)							1,123,380
Net loss									(316)	(316)
Balance at Mar. 31, 2022							$ 1,639	540,427	(528,370)	13,696
Balance (in shares) at Mar. 31, 2022							163,927,992
Balance at Dec. 31, 2021	$ 1,628	$ 540,518	$ (527,961)	$ 14,185	$ (93)	$ (93)	$ 1,628	540,518	(528,054)	14,092
Balance (in shares) at Dec. 31, 2021	162,804,612						162,804,612
Increase (Decrease) in Stockholders' Equity
Net loss										(5,826)
Balance at Sep. 30, 2022							$ 1,675	541,835	(533,880)	9,630
Balance (in shares) at Sep. 30, 2022							167,477,992
Balance at Mar. 31, 2022							$ 1,639	540,427	(528,370)	13,696
Balance (in shares) at Mar. 31, 2022							163,927,992
Increase (Decrease) in Stockholders' Equity
Stock compensation accrued and restricted stock awards granted (Note 15)							$ 5	195		200
Stock compensation accrued and restricted stock awards granted (Note 15) (in shares)							500,000
Warrants exercised							$ 30	1,020		1,050
Warrants exercised (in shares)							3,000,000
Net loss									(2,813)	(2,813)
Balance at Jun. 30, 2022							$ 1,674	541,642	(531,183)	12,133
Balance (in shares) at Jun. 30, 2022							167,427,992
Increase (Decrease) in Stockholders' Equity
Stock compensation accrued and restricted stock awards granted (Note 15)							$ 1	193		194
Stock compensation accrued and restricted stock awards granted (Note 15) (in shares)							50,000
Net loss									(2,697)	(2,697)
Balance at Sep. 30, 2022							$ 1,675	$ 541,835	$ (533,880)	$ 9,630
Balance (in shares) at Sep. 30, 2022							167,477,992

Basis of Preparation of Financi

Basis of Preparation of Financial Statements and Nature of Operations	9 Months Ended
	Sep. 30, 2022
Basis of Preparation of Financial Statements and Nature of Operations
Basis of Preparation of Financial Statements and Nature of Operations	1. Basis of Preparation of Financial Statements and Nature of Operations Golden Minerals Company (the “Company”), a Delaware corporation, has prepared these unaudited interim condensed consolidated financial statements in accordance with accounting principles generally accepted in the United States (“GAAP”) and the rules and regulations of the Securities and Exchange Commission (“SEC”). The interim condensed consolidated financial statements do not include all disclosures required by GAAP for annual financial statements, but in the opinion of management, include all adjustments necessary for a fair presentation. Certain prior period amounts may have been reclassified to conform to current classifications. Interim results are not necessarily indicative of results for a full year; accordingly, these interim financial statements should be read in conjunction with the annual financial statements included in the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2021 and filed with the SEC on March 23, 2022. The Company is a mining company, holding a 100% interest in the Rodeo property in Durango State, Mexico (the “Rodeo Property”), a 100% interest in the Velardeña and Chicago precious metals mining properties and associated oxide and sulfide processing plants in the state of Durango, Mexico (the “Velardeña Properties”), a 100% interest in the El Quevar advanced exploration silver property in the province of Salta, Argentina, which is subject to the terms of the April 9, 2020 earn-in agreement (the “Earn-in Agreement”) pursuant to which Barrick Gold Corporation (“Barrick”) has the option to earn a 70% interest in the El Quevar project (see Note 8), and a diversified portfolio of precious metals and other mineral exploration properties located primarily in or near historical precious metals producing regions of Mexico, Argentina and Nevada. The Rodeo Property, Velardeña Properties and the El Quevar advanced exploration property are the Company’s only material properties. The Company is primarily focused on mining operations at the Rodeo Property as well as further studies of a restart plan for the Velardeña mine, including the use of bio-oxidation to improve payable gold recovery. The Company is also focused on (i) advancing the El Quevar exploration property in Argentina through the Earn-in Agreement with Barrick and (ii) continuing to evaluate and search for mining opportunities in North America (including Mexico) with near-term prospects of mining, and particularly for properties within reasonable haulage distances of our processing plants at the Velardeña Properties. The Company is also reviewing strategic opportunities, focusing primarily on development or operating properties in North America, including Mexico. The Company began mining activities at the Rodeo Property during December 2020 and began processing mined material from Rodeo at the Velardeña plant in January 2021. The employees at the Rodeo and Velardeña Properties, in addition to those who operate the plant that processes the Rodeo mined material, include an operations group, an administrative group and an exploration group to continue to advance the Company’s plans in Mexico and to provide oversight for corporate compliance activities as well as maintaining and safeguarding the longer-term value of the Velardeña Properties assets. The Company is considered an exploration stage issuer under the criteria set forth by the SEC under Regulation S-K subpart 1300 (“S-K 1300”) as the Company has not yet demonstrated the existence of mineral reserves at any of the Company’s properties. As a result, and in accordance with GAAP for exploration stage companies, all expenditures for exploration and evaluation of the Company’s properties are expensed as incurred. As such, the Company’s financial statements may not be comparable to the financial statements of mining companies that do have proven and probable mineral reserves. Such companies would typically capitalize certain development costs including infrastructure development and mining activities to access the ore. The capitalized costs would be amortized on a units-of-production basis as reserves are mined. The amortized costs are typically allocated to inventory and eventually to cost of sales as the inventories are sold. As the Company does not have proven and probable mineral reserves, substantially all expenditures at the Company’s Rodeo property and the Velardeña Properties for mine construction activity, as well as operating costs associated with the mill facilities, and for items that do not have a readily identifiable market value apart from the mineralized material, have been expensed as incurred. Such costs are charged to cost of metals sold or project expense during the period depending on the nature of the costs. Certain of the costs may be reflected in inventories prior to the sale of the product. The Company cannot be certain that any deposits at any of its properties will ever be confirmed or converted into S-K 1300 compliant “reserves”.

New Accounting Pronouncements

New Accounting Pronouncements	9 Months Ended
New Accounting Pronouncements	Sep. 30, 2022
New Accounting Pronouncements
New Accounting Pronouncements	2. New Accounting Pronouncements There were no new accounting pronouncements issued during 2022 that would affect the Company or have a material impact on its consolidated financial position or results of operations.

Correction of Immaterial Error

Correction of Immaterial Error	9 Months Ended
Correction of Immaterial Error	Sep. 30, 2022
Correction of Immaterial Error - Income Taxes
Correction of Immaterial Error	3. Correction of Immaterial Error In the first quarter 2022, the Company became aware that at December 31, 2021, it had failed to properly record a royalty tax payable in Mexico related to its Rodeo operations. The effect of correcting this error was to reduce beginning retained earnings by $93,000 at January 1, 2022, as reflected in the accompanying Condensed Consolidated Statements of Changes in Equity. The Company evaluated the materiality of the error described above from a qualitative and quantitative perspective. Based on such evaluation, the Company concluded that while the accumulation of the error was significant to the three months ended March 31, 2022, the correction would not be material to results of operations for the period ended December 31, 2021, nor did it have an effect on the trend of financial results, taking into account the requirements of SEC Staff Accounting Bulletin No. 108, Considering the Effects of Prior Year Misstatements when Quantifying Misstatements in Current Year Financial Statements (“SAB 108”). Accordingly, the error was corrected for the December 31, 2021, Condensed Consolidated Balance Sheets included in this Form 10-Q.

Cash and Cash Equivalents and I

Cash and Cash Equivalents and Investments	9 Months Ended
Cash and Cash Equivalents and Investments	Sep. 30, 2022
Cash and Cash Equivalents and Investments
Cash and Cash Equivalents and Investments	4. Cash and Cash Equivalents and Investments Cash and Cash Equivalents Of the $6.5 million reported as “Cash and cash equivalents” on the Condensed Consolidated Balance Sheet at September 30, 2022, the Company had approximately $153,000 that was unavailable for use due to a court order freezing the bank accounts of one of the Company’s subsidiaries in Mexico related to a lawsuit, as further described in Note 19. The restrictions imposed on the subsidiary’s bank accounts do not impact the Company’s ability to operate the Rodeo mine, which is held through a different Mexico subsidiary, or to continue with the Company’s evaluation plans for a potential Velardeña mine restart or move forward with any of the Company’s other exploration programs in Mexico. The Company considers all highly liquid investments with a maturity of three months or less when purchased to be cash equivalents. Short-Term Investments Short-term investments include investments with maturities greater than three months, but not exceeding 12 months, or highly liquid investments with maturities greater than 12 months that the Company intends to liquidate during the next 12 months for working capital needs. The following tables summarize the Company's short-term investments at September 30, 2022, and December 31, 2021: Estimated Carrying September 30, 2022 Cost Fair Value Value (in Short-term investments: Trading securities $ 59 $ 35 $ 35 Total trading securities 59 35 35 Total short-term investments $ 59 $ 35 $ 35 December 31, 2021 Short-term investments: Trading securities $ 59 $ 67 $ 67 Total trading securities 59 67 67 Total short-term investments $ 59 $ 67 $ 67 Investment in Fabled The short-term investments at September 30, 2022 and at December 31, 2021 consist of 1,000,000 common shares of Fabled Silver Gold Corp. (“Fabled”) and 200,000 common shares of Fabled Copper Corp. Fabled is a junior mining company that entered into an option agreement with the Company to acquire the Company’s option to earn a 100% interest in the Santa Maria mining claims located in Chihuahua, Mexico (see Note 8). The common shares were issued to the Company as partial consideration per the terms of the option agreement. The Fabled Copper Corp. shares were received in a spin-off of assets from Fabled that occurred on December 21, 2021, to which all existing shareholders of Fabled were entitled. Long-Term Investments Investments in equity securities are generally measured at fair value. Gains and losses for equity securities resulting from changes in fair value are recognized in current earnings. If an equity security does not have a readily determinable fair value, the Company may elect to measure the security at its cost minus impairment, if any, plus or minus changes resulting from observable price changes in orderly transactions for an identical or similar investment in the same issuer. At the end of each reporting period, the Company reassesses whether an equity investment security without a readily determinable fair value qualifies to be measured at cost less impairment, consider whether impairment indicators exist to evaluate if an equity investment security is impaired and, if so, record an impairment loss. Investment in Golden Gryphon Explorations Inc. Long-term investments at September 30, 2022 consist of approximately 1,500,000 shares of Golden Gryphon Explorations Inc. (“GGE”). In 2019, the Company entered into an earn-in agreement with GGE for the Sand Canyon project located in northwestern Nevada. In August 2022, pursuant to the second amendment to the earn-in agreement by which the earn-in period was extended an additional year, the Company purchased approximately 1.5 million shares of GGE’s common stock for an aggregate purchase price of $225,000. For a description of the earn-in agreement, see “Exploration Properties - Sand Canyon” in our Annual Report Form 10-K for the year ended December 31, 2021. The GGE investment is accounted for at cost less impairment pursuant to ASC topic 321 as there is no ready market for the shares and it is recorded to non-current investments on the consolidated balance sheets. The Company concluded it was impractical to estimate fair value due to the absence of a public market for the stock. The Company identified no events or changes in circumstances that might have had a significant adverse effect on the carrying value of the investment, and have therefore, not recorded any impairment against the asset. There were no long-term investments at December 31, 2021. Credit Risk The Company invests substantially all of its excess cash with high credit-quality financial institutions or in U.S. government or debt securities. Credit risk is the risk that a third party might fail to fulfill its performance obligations under the terms of a financial instrument. For cash and equivalents and investments, credit risk represents the carrying amount on the balance sheet. The Company mitigates credit risk for cash and equivalents and investments by placing its funds and investments with high credit-quality financial institutions, limiting the amount of exposure to each of the financial institutions, monitoring the financial condition of the financial institutions and investing only in government and corporate securities rated “investment grade” or better. The Company invests with financial institutions that maintain a net worth of not less than $1 billion and are members in good standing with the Securities Investor Protection Corporation.

Prepaid Expenses and Other Asse

Prepaid Expenses and Other Assets	9 Months Ended
Prepaid Expenses and Other Assets	Sep. 30, 2022
Prepaid Expenses and Other Assets
Prepaid Expenses and Other Assets	5. Prepaid Expenses and Other Assets Prepaid expenses and other current assets at September 30, 2022, and December 31, 2021, consist of the following: September 30, December 31, 2022 2021 (in thousands) Prepaid insurance $ 279 $ 575 Recoupable deposits and other 903 570 $ 1,182 $ 1,145 The September 30, 2022, recoupable deposits and other includes a receivable from Barrick for reimbursement of costs of approximately $0.4 million related to the Earn-in Agreement (see Note 8).

Inventories, net

Inventories, net	9 Months Ended
Inventories, net	Sep. 30, 2022
Inventories, net
Inventories, net	6. Inventories, net Inventories at the Rodeo operation at September 30, 2022, and December 31, 2021, consist of the following: September 30, December 31, 2022 2021 (in thousands) Doré inventory $ 416 $ 481 In-process inventory 624 668 Material and supplies 746 459 $ 1,786 $ 1,608 Doré and in-process inventories, recorded at book value, include $28,000 of capitalized depreciation and amortization. Doré inventory at September 30, 2022 consists of 277 payable ounces of gold and 1,309 payable ounces of silver. Doré inventory at December 31, 2021 consists of 626 payable ounces of gold and 1,958 payable ounces of silver and includes approximately $21,000 of capitalized depreciation and amortization. The materials and supplies inventories at September 30, 2022, and December 31, 2021, are primarily related to the Rodeo operation and are reduced by a $0.3 million obsolescence reserve.

Value added tax receivable, net

Value added tax receivable, net	9 Months Ended
Value added tax receivable, net	Sep. 30, 2022
Value added tax receivable, net
Value added tax receivable, net	7. Value added tax receivable, net At September 30, 2022, the Company recorded a net value added tax (“VAT”) paid in Mexico of $1.8 million, related to the Velardeña Properties and the Rodeo operation, as a recoverable asset, which appears in “ Value added tax receivable, net” The Company has also paid VAT in Mexico as well as other countries, primarily related to exploration projects, which has been charged to expense as incurred because of the uncertainty of recoverability.

Property, Plant and Equipment,

Property, Plant and Equipment, Net	9 Months Ended
Property, Plant and Equipment, Net	Sep. 30, 2022
Property, Plant and Equipment, Net
Property, Plant and Equipment, Net	8. Property, Plant and Equipment, Net September 30, December 31, 2022 2021 (in thousands) Mineral properties $ 9,353 $ 9,353 Exploration properties 2,418 2,418 Royalty properties 200 200 Buildings 3,806 3,806 Mining equipment and machinery 17,144 17,477 Other furniture and equipment 1,333 1,328 Asset retirement cost 1,057 1,057 35,311 35,639 Less: Accumulated depreciation and amortization (28,907) (29,012) $ 6,404 $ 6,627 During the nine months ended September 30, 2022, the Company sold a fully depreciated non-essential piece of equipment for $125,000. The gain is recorded in “ Other operating income, net” El Quevar Earn-In Agreement At September 30, 2022, Barrick has continued with exploration activities, per the terms of the Earn-in Agreement, at the Company’s El Quevar project located in the Salta Province of Argentina. Barrick has met the $1 million in work expenditures that would permit them to withdraw from the Earn-in Agreement. Sale of Santa Maria Property The Company recorded a $1.5 million payment it received from Fabled in December 2021 to “ Deferred revenue

Other Long-Term Assets

Other Long-Term Assets	9 Months Ended
Other Long-Term Assets	Sep. 30, 2022
Other Long-Term Assets
Other Long-Term Assets	9. Other Long-Term Assets Other long-term assets at September 30, 2022, and December 31, 2021, consist of the following: September 30, December 31, 2022 2021 (in thousands) Deferred offering costs $ 70 $ 70 Right of use assets 416 677 Deferred tax asset 157 — $ 643 $ 747 The deferred offering costs at September 30, 2022, and December 31, 2021, are associated with the ATM Agreement (see Note 15). The right of use assets at September 30, 2022 include $0.3 million related to certain office leases and $0.1 million related to a mining equipment lease at our Rodeo Property. The right of use assets at December 31, 2021 include $0.4 million related to certain office leases and $0.3 million related to a mining equipment lease at our Rodeo Property. The Company took possession of new office space and began a new long-term lease for its principal headquarters office with an effective commencement date of June 1, 2019. The new office lease will expire five years and eight In November 2019, the Company renewed its Mexican office lease for four years and recorded a right of use asset and lease liability lease liability lease liability The lease liabilities noted above have been included in “ Other liabilities

Accounts Payable and Other Accr

Accounts Payable and Other Accrued Liabilities	9 Months Ended
Accounts Payable and Other Accrued Liabilities	Sep. 30, 2022
Accounts Payable and Other Accrued Liabilities
Accounts Payable and Other Accrued Liabilities	10. Accounts Payable and Other Accrued Liabilities The Company’s accounts payable and other accrued liabilities consist of the following: September 30, December 31, 2022 2021 (in thousands) Accounts payable and accruals $ 2,733 $ 1,079 Accrued employee compensation and benefits 1,562 2,009 Income taxes payable 50 421 $ 4,345 $ 3,509 September 30, 2022 Accounts payable and accruals at September 30, 2022 are primarily related to amounts due to contractors and suppliers, denominated in US dollars, in the amounts of $2.2 million related to the Company’s Velardeña Properties and Rodeo operation and $0.5 million related to exploration and corporate administrative activities. Accrued employee compensation and benefits at September 30, 2022 consist of $0.5 million of accrued vacation payable and $1.1 million related to withholding taxes and benefits payable. Included in the approximately $1.6 million of accrued employee compensation and benefits is $1.3 million related to activities at the Velardeña Properties and Rodeo operation. December 31, 2021

Other Liabilities

Other Liabilities	9 Months Ended
Other Liabilities	Sep. 30, 2022
Other Liabilities
Other Liabilities	11. Other Liabilities Other Current Liabilities September 30, December 31, 2022 2021 (in thousands) Premium financing $ — $ 394 Office lease liability 160 120 Mining equipment lease liability 116 207 $ 276 $ 721 The office lease liability is related to lease liabilities for office space at the Company’s principal headquarters in Golden, Colorado and in Mexico and Argentina. The mining equipment lease liability is related to equipment used by the contract miner at our Rodeo property (see Note 9). Other Long-Term Liabilities Other long-term liabilities of $0.1 million for the period ended September 30, 2022, is all related to lease liabilities for office space at the Company’s principal headquarters in Golden Colorado and in Mexico and Argentina (see Note 9). Other long-term liabilities of $0.4 million for the period ended December 31, 2021, are primarily related to lease liabilities for office space at the Company’s principal headquarters in Golden, Colorado and in Mexico and Argentina (see Note 9). Also included in other long-term liabilities is approximately $19,000 of deferred income taxes payable (see Note 14).

Asset Retirement Obligation and

Asset Retirement Obligation and Reclamation Liabilities	9 Months Ended
Asset Retirement Obligation and Reclamation Liabilities	Sep. 30, 2022
Asset Retirement Obligation and Reclamation Liabilities
Asset Retirement and Reclamation Liabilities	12. Asset Retirement Obligation and Reclamation Liabilities The Company retained the services of a mining engineering firm to prepare a detailed closure plan for the Velardeña Properties. The plan was completed during the second quarter 2012 and indicated that the Company had an ARO and offsetting ARC of approximately $1.9 million at that time. In the fourth quarter of 2021, due to the current operating success at Rodeo and the potential of a restart of operations at the Velardeña mine based on recent technical studies and an updated PEA that would further delay the start of any reclamation activity, the Company retained the services of an environmental consultant to review the closure plan to determine the appropriateness of the scope and cost estimates used in the calculation of the ARO. The consultant confirmed the adequacy of the scope of the closure plan and provided certain adjustments to cost estimates. In addition, the timing for the incurrence of reclamation activity was extended approximately seven years to take into account the likelihood of a restart of operations at the Velardeña mine that would further delay the start of any reclamation activity. The Company will continue to accrue additional estimated ARO amounts based on an asset retirement plan as activities requiring future reclamation and remediation occur. During the first nine months of 2022, the Company recognized approximately $211,000 of accretion expense. The following table summarizes activity in the ARO. The majority of the balance and activity relates to the Velardeña Property, but there is also a nominal amount related to the El Quevar project in Argentina: Nine Months Ended September 30, 2022 2021 (in thousands) Beginning balance $ 3,569 $ 3,156 Changes in estimates, and other 25 (86) Accretion expense 211 196 Ending balance $ 3,805 $ 3,266 The change in estimates of the ARO recorded during 2021 is primarily the result of changes in assumptions related to inflation factors used in the determination of future cash flows.

Fair Value Measurements

Fair Value Measurements	9 Months Ended
Fair Value Measurements	Sep. 30, 2022
Fair Value Measurements
Fair Value Measurements	13. Fair Value Measurements Financial assets and liabilities and nonfinancial assets and liabilities are measured at fair value under a framework of a fair value hierarchy which prioritizes the inputs into valuation techniques used to measure fair value into three broad levels. This hierarchy gives the highest priority to quoted prices (unadjusted) in active markets and the lowest priority to unobservable inputs. Further, financial assets and liabilities should be classified by level in their entirety based upon the lowest level of input that was significant to the fair value measurement. The three levels of the fair value hierarchy per ASC 820 are as follows: Level 1 Level 2 Level 3 The following table summarizes the Company’s financial assets and liabilities at fair value on a recurring basis at September 30, 2022, and December 31, 2021, by respective level of the fair value hierarchy: Level 1 Level 2 Level 3 Total (in thousands) At September 30, 2022 Assets: Cash and cash equivalents $ 6,504 $ — $ — $ 6,504 Short-term investments 35 — — 35 $ 6,539 $ — $ — $ 6,539 At December 31, 2021 Assets: Cash and cash equivalents $ 12,229 $ — $ — $ 12,229 Short-term investments 67 — — 67 $ 12,296 $ — $ — $ 12,296 The Company’s short-term investments consist of the common stock in Fabled and are classified within Level 1 of the fair value hierarchy (see Note 4). At September 30, 2022, and December 31, 2021, the Company did not have any financial assets or liabilities classified within Level 2 or Level 3 of the fair value hierarchy. Non-recurring Fair Value Measurements There were no non-recurring fair value measurements at September 30, 2022, or December 31, 2021.

Income Taxes

Income Taxes	9 Months Ended
Income Taxes	Sep. 30, 2022
Income Taxes
Income Taxes	14. Income Taxes The Company accounts for income taxes in accordance with the provisions of ASC 740, “Income Taxes” (“ASC 740”), on a tax jurisdictional basis. In accordance with ASC 740, the interim provision for taxes was calculated by using the estimated annual effective tax rate applied to the year-to-date income or losses on a jurisdictional basis. Although the Company has generated ordinary losses on a year-to-date basis, the Company has projected taxable income by year end in certain tax jurisdictions, for which an annual effective tax rate has been calculated. For the nine months ended September 30, 2022, the Company recognized $90,000 of income tax benefit, of which $87,000 represented a current tax expense and $177,000 was a deferred tax benefit. In accordance with ASC 740, the Company presents deferred tax assets net of its deferred tax liabilities on a tax jurisdictional basis on its Condensed Consolidated Balance Sheets. As of September 30, 2022, the Company had net deferred tax assets of $157,000 and no deferred tax liability on the Condensed Consolidated Balance Sheets, primarily related to the 7.5% special mining tax in Mexico. As of December 31, 2021, the Company had no net deferred tax assets and a net deferred tax liability of $19,000, primarily related to the 7.5% special mining tax in Mexico. The Company, a Delaware corporation, and its subsidiaries file tax returns in the United States and in various foreign jurisdictions. The tax rules and regulations in these countries are highly complex and subject to interpretation. The Company’s income tax returns are subject to examination by the relevant taxing authorities and in connection with such examinations, disputes can arise with the taxing authorities over the interpretation or application of certain tax rules within the country involved. In accordance with ASC 740, the Company identifies and evaluates uncertain tax positions, and recognizes the impact of uncertain tax positions for which there is less than a more-likely-than-not probability of the position being upheld upon review by the relevant taxing authority. Such positions are deemed to be “unrecognized tax benefits” which require additional disclosure and recognition of a liability within the financial statements. The Company had no unrecognized tax benefits at September 30, 2022, or December 31, 2021.

Equity

Equity	9 Months Ended
Equity	Sep. 30, 2022
Equity
Equity	15. Equity Commitment purchase agreement On May 9, 2018, the Company entered into a commitment purchase agreement (the “Commitment Purchase Agreement”) with Lincoln Park Capital (“LPC”), pursuant to which the Company, at its sole discretion, had the right to sell up to $10.0 million of the Company’s common stock to LPC, subject to certain limitations and conditions contained in the Commitment Purchase Agreement (the “LPC Program”). The Company closed on the Commitment Purchase Agreement in July 2018. Under the terms of the agreement, the LPC Program expired as of June 30, 2021. In anticipation of the June 2021 expiration of the agreement, the Company wrote off the remaining balance of $353,000 of deferred LPC Program costs to “ Interest and Other Expense At the Market Offering Agreement In December 2016, the Company entered into an at-the-market offering agreement (as amended from time to time, the “ATM Agreement”) with H. C. Wainwright & Co., LLC (“Wainwright”), under which the Company may, from time to time, issue and sell shares of the Company’s common stock through Wainwright as sales manager in an at-the-market offering under a prospectus supplement for aggregate sales proceeds of up to $5.0 million (the “ATM Program”) or a maximum of 10 million shares. On November 23, 2018, the Company entered into a second amendment of the ATM Agreement, extending the agreement until the earlier of December 20, 2020, or the date that the ATM Agreement is terminated in accordance with the terms therein. On December 11, 2020, the Company entered into a third amendment of the ATM Agreement further extending the agreement so that it will remain in full force and effect until such time as the ATM Agreement is terminated in accordance with certain other terms therein or upon mutual agreement by the parties, and to reflect a new registration statement on Form S-3 (No. 333-249218). The common stock will be distributed at the market prices prevailing at the time of sale. As a result, prices of the common stock sold under the ATM Program may vary as between purchasers and during the period of distribution. The ATM Agreement provides that Wainwright will be entitled to compensation for its services at a commission rate of 2.0% of the gross sales price per share of common stock sold. During the first nine months of 2022, the Company did not sell shares of common stock under the ATM Program. At September 30, 2022, there was a remaining balance of $70,000 of deferred ATM Program costs, recorded in “ Other long-term assets During the first nine months of 2021, the Company sold an aggregate of 1,856,960 shares of common stock under the ATM Program at an average price of $0.97 per share of common stock for net proceeds of approximately $1.8 million. Also, during the first nine months of 2021, approximately $57,000 of deferred ATM Program costs were amortized. The Company has not sold any shares of common stock under the ATM after March 31, 2021. There is currently approximately $2.2 million remaining available for issuance under the ATM Program based on a prospectus supplement filed with SEC on December 11, 2020. Equity Incentive Plans Under the Company’s Amended and Restated 2009 Equity Incentive Plan (the “Equity Plan”), awards of the Company’s common stock may be made to officers, directors, employees, consultants and agents of the Company and its subsidiaries. The Company recognizes stock-based compensation costs using a graded vesting attribution method whereby costs are recognized over the requisite service period for each separately vesting portion of the award. Restricted Stock Grants The following table summarizes the status of the Company’s restricted stock grants issued under the Equity Plan at September 30, 2022, and the changes during the nine months then ended: Weighted Average Grant Date Fair Number of Value Per Restricted Stock Grants Shares Share Outstanding at December 31, 2021 293,334 $ 0.61 Granted during the period 550,000 0.38 Restrictions lifted during the period (348,332) 0.49 Forfeited during the period — — Outstanding September 30, 2022 495,002 $ 0.44 For the nine months ended September 30, 2022, the Company recognized approximately $163,000 of stock compensation expense related to the restricted stock grants. During the nine months ended September 30, 2022, 500,000 shares were granted to nine employees, with one one Restricted Stock Units The Equity Plan permits the Company to issue Restricted Stock Units (“RSUs”), which entitle each recipient to receive one unrestricted share of common stock upon termination of the recipient’s employment or board service. Also, pursuant to the Equity Plan, the Company’s Board of Directors adopted the Non-Employee Director’s Deferred Compensation and Equity Award Plan (the “Deferred Compensation Plan”). Pursuant to the Deferred Compensation Plan, non-employee directors, and employees as allowed by Equity Plan, receive a portion of their compensation in the form of RSUs issued under the Equity Plan. The RSUs generally vest on the first anniversary of the grant. The following table summarizes the status of the RSU grants issued to Directors of the Company under the Equity Plan, including awards to non-employee directors under the Deferred Compensation Plan, at September 30, 2022, and the changes during the nine months then ended: Weighted Average Grant Date Fair Number of Value Per Restricted Stock Units Shares Share Outstanding at December 31, 2021 4,010,038 $ 0.69 Granted during the period 1,700,000 0.40 Restrictions lifted during the period — — Forfeited during the period — — Outstanding September 30, 2022 5,710,038 $ 0.60 For the nine months ended September 30, 2022, the Company recognized approximately $244,000 of stock compensation expense related to the restricted stock units. During the nine months ended September 30, 2022, the Company granted each non-employee Director 100,000 RSUs and recognized approximately $94,000 of stock compensation expense related to the grants. Included in the grants shown in the table during the period is a grant by the Company to its CEO of 1,000,000 RSUs. One second During the nine months ended September 30, 2021, the Company also granted a consultant 100,000 RSUs and recognized $67,000 of stock compensation expense. The RSUs vested on the grant date and each vested RSU entitles the consultant to receive one unrestricted share of common stock upon termination of the consulting agreement with the Company. Key Employee Long-Term Incentive Plan The Company’s 2013 Key Employee Long-Term Incentive Plan (the “KELTIP”) provides for the grant of units (“KELTIP Units”) to certain officers and key employees of the Company, which units will, once vested, entitle such officers and employees to receive an amount, in cash or in Company common stock (such method of settlement at the sole discretion of the Board of Directors) issued pursuant to the Company’s Equity Plan, measured generally by the price of the Company’s common stock on the settlement date. KELTIP Units are not an actual equity interest in the Company and are solely unfunded and unsecured obligations of the Company that are not transferable and do not provide the holder with any stockholder rights. Payment of the settlement amount of vested KELTIP Units is deferred generally until the earlier of a change of control of the Company or the date the grantee ceases to serve as an officer or employee of the Company. The Company intends to settle all the KELTIP Units in common stock of the Company, an option that the Board of Directors holds in its sole discretion so long as sufficient shares remain available under the Equity Plan. As a result, all outstanding KELTIP Units are recorded in equity at September 30, 2022, and December 31, 2021. During the first quarter of 2022, the Company granted 450,000 KELTIP Units to a new officer of the Company. One During the nine months ended September 30, 2021, the Company granted 1,605,000 KELTIP Units to two officers of the Company and recognized approximately $1.0 million of stock compensation expense related to the grants. There were 4,700,000 and 5,330,000 KELTIP Units outstanding at September 30, 2022, and December 31, 2021, respectively. Common stock warrants The following table summarizes the status of the Company’s common stock warrants at December 31, 2021, and September 30, 2022, and the changes during the nine months then ended: Weighted Number of Average Exercise Underlying Price Per Common Stock Warrants Shares Share Outstanding at December 31, 2021 12,803,846 $ 0.34 Granted during the period — Exercised during period — July 2019 Series B warrants (3,000,000) 0.35 Expired during period — Outstanding September 30, 2022 9,803,846 $ 0.34 The warrants relate to prior registered offerings and private placements of the Company’s stock. All outstanding warrants are recorded in equity at September 30, 2022, and December 31, 2021, following the guidance established by ASC Topic 815-40. The Company’s warrants allow for the potential settlement in cash if certain extraordinary events are effected by the Company, including a 50% or greater change of control in the Company’s common stock. Since those events have been deemed to be within the Company’s control, the Company continues to apply equity treatment for these warrants.

Sale of Metals and Related Cost

Sale of Metals and Related Costs	9 Months Ended
Sale of Metals and Related Costs	Sep. 30, 2022
Sale of Metals and Related Costs
Sale of Metals and Related Costs	16. Sale of Metals and Related Costs During the nine months ended September 30, 2022, the Company sold gold and silver contained in doré bars related to the Rodeo operation and recorded revenue of approximately $18.7 million and related costs of approximately $13.3 million. The gold and silver contained in the doré bars were sold to one customer, a metals refinery located in the United States. Under the terms of the Company’s agreement with its customer, title passes, and revenue is recognized by the Company when the contractual performance obligations of the parties are completed, generally at the time a provisional or final payment is made. A provisional payment for approximately 95% of the contained gold and silver is made generally within 10 During the nine months ended September 30, 2021, the Company sold gold and silver contained in doré bars related to the Rodeo operation and recorded revenue of approximately $16.1 million and related costs of approximately $9.2 million. Costs related to the sale of metals products include direct and indirect costs incurred to mine, process and market the products.

Interest and Other Expense, Net

Interest and Other Expense, Net	9 Months Ended
Interest and Other Expense, Net	Sep. 30, 2022
Interest and Other Expense, Net
Interest and Other Expense, Net	17. Interest and Other Expense, Net For the nine months ended September 30, 2022, the Company recognized a nominal amount of Interest and Other Expense For the nine months ended September 30, 2021, the Company recognized approximately $0.3 million of Interest and Other Expense

Supplemental Cash Flow Informat

Supplemental Cash Flow Information	9 Months Ended
Supplemental Cash Flow Information	Sep. 30, 2022
Supplemental Cash Flow Information
Supplemental Cash Flow Information	18. Supplemental Cash Flow Information The following table reconciles net loss for the period to cash used in operations: Nine Months Ended September 30, 2022 2021 (in thousands) Cash flows from operating activities: Net loss $ (5,826) $ (3,577) Adjustments to reconcile net loss to net cash used in operating activities: Stock compensation 543 1,491 Accretion of asset retirement obligation 211 196 Depreciation and amortization 241 466 Loss (gain) on trading securities 32 (24) Write off of deferred financing costs — 352 Gain on sale of assets (125) (17) Changes in operating assets and liabilities from continuing operations: Increase in inventories (150) (1,552) Increase in value added tax recoverable, net (480) (1,058) (Increase) decrease in prepaid expenses and other assets (37) 343 Decrease in other long-term assets 104 301 Increase in accounts payable and accrued liabilities 835 2,029 Decrease in deferred revenue (1,125) (404) Decrease in other current liabilities (445) (343) Increase (decrease) in reclamation liability 25 (33) Decrease in other long-term liabilities (204) (263) Net cash used in operating activities $ (6,401) $ (2,093) The following table sets forth supplemental cash flow information and non-cash transactions: Nine Months Ended September 30, 2022 2021 (in thousands) Supplemental disclosure: Interest paid $ 6 $ 7 Income taxes paid $ 413 $ — Supplemental disclosure of non-cash transactions: Deferred equity offering costs amortized $ — $ 57 Deferred equity offering costs written off $ — $ 352

Commitments and Contingencies

Commitments and Contingencies	9 Months Ended
Commitments and Contingencies	Sep. 30, 2022
Commitments and Contingencies
Commitments and Contingencies	19. Commitments and Contingencies During April 2021, the Company became aware of a lawsuit in Mexico against one of the Company’s Mexican subsidiaries, Minera William, S.A. de C.V. (“Minera William”). The plaintiff in the matter is Unifin Financiera, S.A.B de C.V. (“Unifin”). The lawsuit was assigned to the Fifth Specialized Commercial District Court. Although the Company has knowledge of the existence and content of the lawsuit filed by Unifin, the Court has not officially served Minera William with the complaint as of the date of this report. Unifin is alleging that a representative of Minera William signed certain documents in July 2011 purporting to bind Minera William as a guarantor of payment obligations owed by a third party to Unifin in connection with that third party’s acquisition of certain drilling equipment. At the time the documentation was allegedly signed, Minera William was a subsidiary of ECU Silver Mining prior to the Company’s acquisition of ECU in September 2011. As a preemptive measure, Unifin has obtained a preliminary court order freezing Minera William’s bank accounts in Mexico, which has limited the Company’s and Minera William’s ability to access approximately US$153,000 according to current currency exchange rates. Notwithstanding this action, the restrictions imposed on Minera William’s bank accounts do not impact the Company’s ability to operate the Rodeo mine, which is held through a different Mexico subsidiary, or continue with the Company’s evaluation plans for a potential Velardeña mine restart or move forward with any of the Company’s other exploration programs in Mexico. Unifin is seeking recovery for as much as US$12.5 million. The Company believes there is no basis for this claim and will defend itself if and when the Company is formally served with notice of the lawsuit. As such, the Company has not accrued an amount for this matter in its Condensed Consolidated Balance Sheets or Statements of Operations as of September 30, 2022. The Company has certain purchase and lease commitments as set forth in the Company’s Form 10-K for the year ended December 31, 2021.

Segment Information

Segment Information	9 Months Ended
Segment Information	Sep. 30, 2022
Segment Information
Segment Information	20. Segment Information The Company’s sole activity is the mining, construction and exploration of mineral properties containing precious metals. The Company’s reportable segments are based upon the Company’s revenue-producing activities and cash-consuming activities. The Company reports two segments, one for its revenue producing activities in Mexico, which includes both the Velardeña Properties and the Rodeo Property, and the other comprised of non-revenue producing activities, including exploration, construction and general and administrative activities. Intercompany revenue and expense amounts have been eliminated within each segment in order to report on the basis that management uses internally for evaluating segment performance. The financial information relating to the Company’s segments is as follows: Exploration, El Costs Depreciation, Quevar, Velardeña Three Months Ended Applicable Depletion and and Administrative Pre-Tax (gain) Capital September 30, 2022 Revenue to Sales Amortization Expense loss Total Assets Expenditures Mexico Operations $ 5,268 $ 4,374 $ 77 $ 1,878 $ 1,097 $ 17 Corporate, Exploration and Other — — 12 1,940 1,646 2 Consolidated $ 5,268 $ 4,374 $ 89 $ 3,818 $ 2,743 $ 19 Nine Months Ended September 30, 2022 Mexico Operations $ 18,700 $ 13,335 $ 204 $ 5,815 $ 14 $ 9,084 $ 43 Corporate, Exploration and Other — — 37 5,980 5,902 9,465 3 Consolidated $ 18,700 $ 13,335 $ 241 $ 11,795 $ 5,916 $ 18,549 $ 46 Three Months Ended September 30, 2021 Mexico Operations $ 8,479 $ 4,292 $ 125 $ (596) $ (3,007) $ 168 Corporate, Exploration and Other — — 18 4,158 2,408 3 Consolidated $ 8,479 $ 4,292 $ 143 $ 3,562 $ (599) $ 171 Nine Months Ended September 30, 2021 Mexico Operations $ 16,118 $ 9,156 $ 343 $ 753 $ (4,199) $ 8,727 $ 1,479 Corporate, Exploration and Other — — 123 7,724 7,573 11,335 63 Consolidated $ 16,118 $ 9,156 $ 466 $ 8,477 $ 3,374 $ 20,062 $ 1,542

Related Party Transactions

Related Party Transactions	9 Months Ended
Related Party Transactions	Sep. 30, 2022
Related Party Transactions
Related Party Transactions	21. Related Party Transactions The following sets forth information regarding transactions between the Company (and its subsidiaries) and its officers, directors and significant stockholders. Administrative Services, Lease of Equipment: Beginning in August 2016, the Company began providing limited accounting and other administrative services to Minera Indé, an indirect subsidiary of Sentient. At September 30, 2022, Sentient, through the Sentient executive funds, holds approximately 22.5% of the Company’s 167.5 million shares of issued and outstanding Exploration expense

New Accounting Pronouncements (

New Accounting Pronouncements (Policies)	9 Months Ended
New Accounting Pronouncements (Policies)	Sep. 30, 2022
New Accounting Pronouncements
New Accounting Pronouncements	There were no new accounting pronouncements issued during 2022 that would affect the Company or have a material impact on its consolidated financial position or results of operations.

Cash and Cash Equivalents and_2

Cash and Cash Equivalents and Investments (Tables)	9 Months Ended
Cash and Cash Equivalents and Investments (Tables)	Sep. 30, 2022
Cash and Cash Equivalents and Investments
Schedule of short term-investments	Estimated Carrying September 30, 2022 Cost Fair Value Value (in Short-term investments: Trading securities $ 59 $ 35 $ 35 Total trading securities 59 35 35 Total short-term investments $ 59 $ 35 $ 35 December 31, 2021 Short-term investments: Trading securities $ 59 $ 67 $ 67 Total trading securities 59 67 67 Total short-term investments $ 59 $ 67 $ 67

Prepaid Expenses and Other As_2

Prepaid Expenses and Other Assets (Tables)	9 Months Ended
Prepaid Expenses and Other Assets (Tables)	Sep. 30, 2022
Prepaid Expenses and Other Assets
Schedule of prepaid expenses and other current assets	September 30, December 31, 2022 2021 (in thousands) Prepaid insurance $ 279 $ 575 Recoupable deposits and other 903 570 $ 1,182 $ 1,145

Inventories, net (Tables)

Inventories, net (Tables)	9 Months Ended
Inventories, net (Tables)	Sep. 30, 2022
Inventories, net
Schedule of inventories at the Rodeo operation	September 30, December 31, 2022 2021 (in thousands) Doré inventory $ 416 $ 481 In-process inventory 624 668 Material and supplies 746 459 $ 1,786 $ 1,608

Property, Plant and Equipment_2

Property, Plant and Equipment, Net (Tables)	9 Months Ended
Property, Plant and Equipment, Net (Tables)	Sep. 30, 2022
Property, Plant and Equipment, Net
Schedule of components of property, plant and equipment	September 30, December 31, 2022 2021 (in thousands) Mineral properties $ 9,353 $ 9,353 Exploration properties 2,418 2,418 Royalty properties 200 200 Buildings 3,806 3,806 Mining equipment and machinery 17,144 17,477 Other furniture and equipment 1,333 1,328 Asset retirement cost 1,057 1,057 35,311 35,639 Less: Accumulated depreciation and amortization (28,907) (29,012) $ 6,404 $ 6,627

Other Long-Term Assets (Tables)

Other Long-Term Assets (Tables)	9 Months Ended
Other Long-Term Assets (Tables)	Sep. 30, 2022
Other Long-Term Assets
Schedule of Other long-term assets	September 30, December 31, 2022 2021 (in thousands) Deferred offering costs $ 70 $ 70 Right of use assets 416 677 Deferred tax asset 157 — $ 643 $ 747

Accounts Payable and Other Ac_2

Accounts Payable and Other Accrued Liabilities (Tables)	9 Months Ended
Accounts Payable and Other Accrued Liabilities (Tables)	Sep. 30, 2022
Accounts Payable and Other Accrued Liabilities
Schedule of accounts payable and other accrued liabilities	September 30, December 31, 2022 2021 (in thousands) Accounts payable and accruals $ 2,733 $ 1,079 Accrued employee compensation and benefits 1,562 2,009 Income taxes payable 50 421 $ 4,345 $ 3,509

Other Liabilities (Tables)

Other Liabilities (Tables)	9 Months Ended
Other Liabilities (Tables)	Sep. 30, 2022
Other Liabilities, Current
Schedule of other current liabilities	September 30, December 31, 2022 2021 (in thousands) Premium financing $ — $ 394 Office lease liability 160 120 Mining equipment lease liability 116 207 $ 276 $ 721

Asset Retirement Obligation a_2

Asset Retirement Obligation and Reclamation Liabilities (Tables)	9 Months Ended
	Sep. 30, 2022
Asset Retirement Obligation and Reclamation Liabilities
Summary of activity in the Velardena Properties ARO	Nine Months Ended September 30, 2022 2021 (in thousands) Beginning balance $ 3,569 $ 3,156 Changes in estimates, and other 25 (86) Accretion expense 211 196 Ending balance $ 3,805 $ 3,266

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	9 Months Ended
Fair Value Measurements (Tables)	Sep. 30, 2022
Fair Value Measurements
Schedule of financial assets and liabilities at fair value	Level 1 Level 2 Level 3 Total (in thousands) At September 30, 2022 Assets: Cash and cash equivalents $ 6,504 $ — $ — $ 6,504 Short-term investments 35 — — 35 $ 6,539 $ — $ — $ 6,539 At December 31, 2021 Assets: Cash and cash equivalents $ 12,229 $ — $ — $ 12,229 Short-term investments 67 — — 67 $ 12,296 $ — $ — $ 12,296

Equity (Tables)

Equity (Tables)	9 Months Ended
Equity (Tables)	Sep. 30, 2022
Equity
Schedule of status of the restricted stock grants issued under the Equity Plan	Weighted Average Grant Date Fair Number of Value Per Restricted Stock Grants Shares Share Outstanding at December 31, 2021 293,334 $ 0.61 Granted during the period 550,000 0.38 Restrictions lifted during the period (348,332) 0.49 Forfeited during the period — — Outstanding September 30, 2022 495,002 $ 0.44
Schedule of restricted stock units	Weighted Average Grant Date Fair Number of Value Per Restricted Stock Units Shares Share Outstanding at December 31, 2021 4,010,038 $ 0.69 Granted during the period 1,700,000 0.40 Restrictions lifted during the period — — Forfeited during the period — — Outstanding September 30, 2022 5,710,038 $ 0.60
Summary of the status of the Company's common stock warrants	Weighted Number of Average Exercise Underlying Price Per Common Stock Warrants Shares Share Outstanding at December 31, 2021 12,803,846 $ 0.34 Granted during the period — Exercised during period — July 2019 Series B warrants (3,000,000) 0.35 Expired during period — Outstanding September 30, 2022 9,803,846 $ 0.34

Supplemental Cash Flow Inform_2

Supplemental Cash Flow Information (Tables)	9 Months Ended
Supplemental Cash Flow Information (Tables)	Sep. 30, 2022
Supplemental Cash Flow Information
Schedule of reconciliation of net loss for the period to cash used in operations	Nine Months Ended September 30, 2022 2021 (in thousands) Cash flows from operating activities: Net loss $ (5,826) $ (3,577) Adjustments to reconcile net loss to net cash used in operating activities: Stock compensation 543 1,491 Accretion of asset retirement obligation 211 196 Depreciation and amortization 241 466 Loss (gain) on trading securities 32 (24) Write off of deferred financing costs — 352 Gain on sale of assets (125) (17) Changes in operating assets and liabilities from continuing operations: Increase in inventories (150) (1,552) Increase in value added tax recoverable, net (480) (1,058) (Increase) decrease in prepaid expenses and other assets (37) 343 Decrease in other long-term assets 104 301 Increase in accounts payable and accrued liabilities 835 2,029 Decrease in deferred revenue (1,125) (404) Decrease in other current liabilities (445) (343) Increase (decrease) in reclamation liability 25 (33) Decrease in other long-term liabilities (204) (263) Net cash used in operating activities $ (6,401) $ (2,093) Nine Months Ended September 30, 2022 2021 (in thousands) Supplemental disclosure: Interest paid $ 6 $ 7 Income taxes paid $ 413 $ — Supplemental disclosure of non-cash transactions: Deferred equity offering costs amortized $ — $ 57 Deferred equity offering costs written off $ — $ 352

Segment Information (Tables)

Segment Information (Tables)	9 Months Ended
Segment Information (Tables)	Sep. 30, 2022
Segment Information
Schedule of financial information relating to discontinued operations and continuing operations	Exploration, El Costs Depreciation, Quevar, Velardeña Three Months Ended Applicable Depletion and and Administrative Pre-Tax (gain) Capital September 30, 2022 Revenue to Sales Amortization Expense loss Total Assets Expenditures Mexico Operations $ 5,268 $ 4,374 $ 77 $ 1,878 $ 1,097 $ 17 Corporate, Exploration and Other — — 12 1,940 1,646 2 Consolidated $ 5,268 $ 4,374 $ 89 $ 3,818 $ 2,743 $ 19 Nine Months Ended September 30, 2022 Mexico Operations $ 18,700 $ 13,335 $ 204 $ 5,815 $ 14 $ 9,084 $ 43 Corporate, Exploration and Other — — 37 5,980 5,902 9,465 3 Consolidated $ 18,700 $ 13,335 $ 241 $ 11,795 $ 5,916 $ 18,549 $ 46 Three Months Ended September 30, 2021 Mexico Operations $ 8,479 $ 4,292 $ 125 $ (596) $ (3,007) $ 168 Corporate, Exploration and Other — — 18 4,158 2,408 3 Consolidated $ 8,479 $ 4,292 $ 143 $ 3,562 $ (599) $ 171 Nine Months Ended September 30, 2021 Mexico Operations $ 16,118 $ 9,156 $ 343 $ 753 $ (4,199) $ 8,727 $ 1,479 Corporate, Exploration and Other — — 123 7,724 7,573 11,335 63 Consolidated $ 16,118 $ 9,156 $ 466 $ 8,477 $ 3,374 $ 20,062 $ 1,542

Basis of Preparation of Finan_2

Basis of Preparation of Financial Statements and Nature of Operations (Details)	Sep. 30, 2022	Apr. 09, 2020
Rodeo Property
Research and Development Arrangement, Contract to Perform for Others [Line Items]
Investment ownership percentage	100%
El Quevar Project [Member]
Research and Development Arrangement, Contract to Perform for Others [Line Items]
Investment ownership percentage	100%
Velardena Properties [Member]
Research and Development Arrangement, Contract to Perform for Others [Line Items]
Investment ownership percentage	100%
Barrick Earn-In Agreement \| El Quevar Project [Member]
Research and Development Arrangement, Contract to Perform for Others [Line Items]
Investment ownership percentage		70%

Correction of Immaterial Error

Correction of Immaterial Error (Details) - USD ($)	Sep. 30, 2022	Jan. 01, 2022	Dec. 31, 2021
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Accumulated deficit	$ (533,880,000)		$ (528,054,000)
Revision of Prior Period Error Correction Adjustment
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Accumulated deficit		$ 93,000

Cash and Cash Equivalents and_3

Cash and Cash Equivalents and Investments (Details) - USD ($)	1 Months Ended	9 Months Ended	12 Months Ended
	Aug. 31, 2022	Sep. 30, 2022	Dec. 31, 2021
Cash and Cash Equivalents, at Carrying Value		$ 6,504,000	$ 12,229,000
Financial institutions minimum net worth		1,000,000,000
Trading securities, cost		59,000	59,000
Total short-term investments, cost		59,000	59,000
Total short-term investments		35,000	67,000
Cash and cash equivalent, frozen bank balance		153,000
Aggregate Purchase Price		225,000
Long-term Investments		$ 225,000	0
Golden Gryphon Explorations Inc [Member]
Shares Purchased	1,500,000	1,500,000
Aggregate Purchase Price	$ 225,000
Trading securities
Trading securities, cost		$ 59,000	$ 59,000
Sale of Santa Maria Property \| Options Agreement \| Fabled Copper Corp.
Consideration Received in Shares \| shares			200,000
Percentage of interest claims		100%
Sale of Santa Maria Property \| Options Agreement \| Fabled Silver Gold Corp.
Consideration Received in Shares \| shares		1,000,000
Estimate of Fair Value Measurement [Member]
Trading securities		$ 35,000	$ 67,000
Total short-term investments		35,000	67,000
Estimate of Fair Value Measurement [Member] \| Trading securities
Trading securities		35,000	67,000
Reported Value Measurement [Member]
Trading securities		35,000	67,000
Total short-term investments		35,000	67,000
Reported Value Measurement [Member] \| Trading securities
Trading securities		$ 35,000	$ 67,000

Prepaid Expenses and Other As_3

Prepaid Expenses and Other Assets (Details) - USD ($) $ in Thousands	Sep. 30, 2022	Dec. 31, 2021
Prepaid Expenses and Other Assets
Prepaid insurance	$ 279	$ 575
Recoupable deposits and other	903	570
Prepaid expenses and other assets	1,182	$ 1,145
Receivables for reimbursement of costs	$ 400

Inventories, net (Details)

Inventories, net (Details)	9 Months Ended	12 Months Ended
Inventories, net (Details)	Sep. 30, 2022 USD ($) oz	Dec. 31, 2021 USD ($) oz
Inventories, net	$ 1,786,000	$ 1,608,000
Rodeo Project
Dore inventory	416,000	481,000
In-process inventory	624,000	668,000
Material and supplies	746,000	459,000
Inventories, net	1,786,000	1,608,000
Capitalized depreciation and amortization	$ 28,000	$ 21,000
Dore inventory gold \| oz	277	626
Dore inventory silver \| oz	1,309	1,958
Obsolescence allowance	$ 300,000	$ 300,000

Value added tax receivable, n_2

Value added tax receivable, net (Details) - USD ($) $ in Thousands	Sep. 30, 2022	Dec. 31, 2021
Value added tax receivable, net (Note 7)	$ 1,770	$ 1,290
Gross VAT tax receivable		$ 1,300
MEXICO
Value added tax receivable, net (Note 7)	1,800
VAT receivables offset against VAT payable	$ 700

Property, Plant and Equipment_3

Property, Plant and Equipment, Net (Details) - USD ($) $ in Thousands	Sep. 30, 2022	Dec. 31, 2021
Property, plant and equipment
Property, plant and equipment, gross	$ 35,311	$ 35,639
Less: Accumulated depreciation and amortization	(28,907)	(29,012)
Property, plant and equipment, net	6,404	6,627
Mineral properties
Property, plant and equipment
Property, plant and equipment, gross	9,353	9,353
Exploration properties
Property, plant and equipment
Property, plant and equipment, gross	2,418	2,418
Royalty properties
Property, plant and equipment
Property, plant and equipment, gross	200	200
Buildings
Property, plant and equipment
Property, plant and equipment, gross	3,806	3,806
Mining equipment and machinery
Property, plant and equipment
Property, plant and equipment, gross	17,144	17,477
Other furniture and equipment
Property, plant and equipment
Property, plant and equipment, gross	1,333	1,328
Asset retirement cost
Property, plant and equipment
Property, plant and equipment, gross	$ 1,057	$ 1,057

Property, Plant and Equipment_4

Property, Plant and Equipment, Net - Disposals (Details) - USD ($)	9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Dec. 31, 2021
Property, Plant and Equipment, Net
Proceeds from sale of assets	$ 125,000	$ 17,000
Contract with customer liability	344,000		$ 1,469,000
Minimum work expenditures spend to withdraw agreement	$ 1,000,000

Other Long-Term Assets - Schedu

Other Long-Term Assets - Schedule of other long term assets (Details) - USD ($) $ in Thousands	Sep. 30, 2022	Dec. 31, 2021
Other Long-Term Assets
Deferred offering costs	$ 70	$ 70
Right of use assets	416	677
Deferred tax asset	157
Other long-term assets	$ 643	$ 747

Other Long-Term Assets (Details

Other Long-Term Assets (Details) - USD ($)	Sep. 30, 2022	Dec. 31, 2021	Dec. 31, 2020	Nov. 30, 2019	Jun. 30, 2019	Jun. 01, 2019
Change in Accounting Principle
Operating lease liability statement of financial position (Extensible list)	Other long term liabilities	Other long term liabilities
Office Leases
Change in Accounting Principle
Right of use assets	$ 300,000	$ 400,000
Mining Equipment Lease Property
Change in Accounting Principle
Right of use assets	$ 100,000	$ 300,000
Rodeo Property
Change in Accounting Principle
Term of operating lease			27 months
Right of use assets			$ 420,000
Lease liability			$ 420,000
Future lease payments discount rate			7%
COLORADO
Change in Accounting Principle
Term of operating lease						5 years 8 months
Right of use assets					$ 465,000
Lease liability					$ 450,000
Future lease payments discount rate					9.50%
MEXICO
Change in Accounting Principle
Term of operating lease				4 years
Right of use assets				$ 174,000
Lease liability				$ 174,000
Argentina
Change in Accounting Principle
Term of operating lease		3 years
Right of use assets		$ 27,000
Lease liability		$ 27,000

Accounts Payable and Other Ac_3

Accounts Payable and Other Accrued Liabilities (Details) - USD ($) $ in Thousands	Sep. 30, 2022	Dec. 31, 2021
Accounts payable and accruals	$ 2,733	$ 1,079
Accrued employee compensation and benefits	1,562	2,009
Income taxes payable	50	421
Accounts payable and other accrued liabilities	4,345	3,509
Accrued vacation	500	200
Withholding taxes and benefits payable	1,100	1,800
Velardena Properties [Member]
Accounts payable and accruals	2,200	700
Accrued employee compensation and benefits	1,300	1,300
Corporate, Exploration and Other [Member]
Accounts payable and accruals	$ 500	$ 200

Other Liabilities (Details)

Other Liabilities (Details)	1 Months Ended
Other Liabilities (Details)	Nov. 30, 2021 USD ($) installment	Sep. 30, 2022 USD ($)	Dec. 31, 2021 USD ($)
Other Current Liabilities
Premium financing			$ 394,000
Other current liabilities		$ 276,000	721,000
Other long term liabilities		149,000	353,000
Deferred liability			19,000
Directors and Officers Liability Insurance
Other Current Liabilities
Number of payment \| installment	8
Premium interest rate	4%
Insurance premium payable	$ 400,000
Office Leases
Other Current Liabilities
Office lease liability		160,000	120,000
Mining Equipment Lease Property
Other Current Liabilities
Office lease liability		$ 116,000	$ 207,000

Asset Retirement Obligation a_3

Asset Retirement Obligation and Reclamation Liabilities (Details) - USD ($)	3 Months Ended	9 Months Ended
	Dec. 31, 2021	Sep. 30, 2022	Sep. 30, 2021	Jun. 30, 2012
Asset retirement and reclamation liabilities	$ 3,569,000	$ 3,805,000
Reclamation activity extension term	7 years
Summary of activity in the Velardena Operations ARO
ARO, Beginning balance		3,569,000
Accretion expense		211,000	$ 196,000
ARO, Ending balance	$ 3,569,000	3,805,000
Velardena Properties [Member]
Asset retirement and reclamation liabilities	3,569,000	3,805,000	3,266,000	$ 1,900,000
Summary of activity in the Velardena Operations ARO
ARO, Beginning balance	3,266,000	3,569,000	3,156,000
Changes in estimates, and other		25,000	(86,000)
Accretion expense		211,000	196,000
ARO, Ending balance	$ 3,569,000	$ 3,805,000	$ 3,266,000

Fair value measurements (Detail

Fair value measurements (Details) - USD ($)	Sep. 30, 2022	Dec. 31, 2021
Level 2
Fair value measurements
Assets	$ 0	$ 0
Liabilities	0	0
Fair Value, Inputs, Level 3 [Member]
Fair value measurements
Assets	0	0
Liabilities	0	0
Fair Value, Measurements, Recurring [Member]
Fair value measurements
Cash and cash equivalents	6,504,000	12,229,000
Short-term investments	35,000	67,000
Assets	6,539,000	12,296,000
Fair Value, Measurements, Recurring [Member] \| Fair Value, Inputs, Level 1 [Member]
Fair value measurements
Cash and cash equivalents	6,504,000	12,229,000
Short-term investments	35,000	67,000
Assets	6,539,000	12,296,000
Fair Value, Measurements, Nonrecurring [Member]
Fair value Assumptions
Fair value measurements	$ 0	$ 0

Income Taxes (Details)

Income Taxes (Details) - USD ($)	3 Months Ended		9 Months Ended		12 Months Ended
Income Taxes (Details) - USD ($)	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021	Dec. 31, 2021
Income Taxes
Income taxes (Note 14)	$ 46,000	$ (188,000)	$ 90,000	$ (203,000)
Current tax expense			87,000
Deferred tax expense			177,000
Net deferred tax assets	157,000		157,000		$ 0
Net deferred tax liabilities	0		$ 0		$ 19,000
Income tax on special mining percentage			7.50%		7.50%
Unrecognized tax benefits	$ 0		$ 0		$ 0

Equity - Issue and Conversion (

Equity - Issue and Conversion (Details) - USD ($)	1 Months Ended	9 Months Ended
Equity - Issue and Conversion (Details) - USD ($)	Dec. 31, 2016	Sep. 30, 2022	Sep. 30, 2021	May 09, 2018
Proceeds from issuance of common stock, net of issuance costs		$ 1,050,000	$ 2,714,000
ATM Agreement
Proceeds from issuance of common stock, net of issuance costs			$ 1,800,000
Stock Issued During period Shares New Issues (in shares)			1,856,960
Aggregate value of securities allowed under agreement	$ 5,000,000
Sale price (in dollars per shares)			$ 0.97
Amortization of deferred cost			$ 57,000
Unamortized deferred cost		70,000
Aggregate securities allowed under agreement (in shares)	10,000,000
Commission rate (as a percent)	2%
Stock Issued During Period Value New Issues		2,200,000
LPC Program
Unamortized deferred cost		$ 353,000
Commitment purchase agreement
Aggregate value of securities allowed under agreement				$ 10,000,000

Equity - Non-Option Incentive (

Equity - Non-Option Incentive (Details)	3 Months Ended				9 Months Ended
Equity - Non-Option Incentive (Details)	Sep. 30, 2022 USD ($) $ / shares shares	Jun. 30, 2022 shares	Mar. 31, 2022 $ / shares shares	Sep. 30, 2021 USD ($)	Sep. 30, 2022 USD ($) employee $ / shares shares	Sep. 30, 2021 USD ($) shares
Number of Shares - Non-option
Percentage of awards which will vest on each of the first, second and third anniversaries of the grant date					33.33%
Number of shares issued upon retirement of an officer					1,123,380
Number of shares relinquished to cover withholding taxes					456,620
Weighted Average Grant Date Fair Value Per Share - Non-option
Compensation expense \| $	$ 194,000			$ 75,000	$ 543,000	$ 1,491,000
Restricted Stock [Member]
Number of Shares - Non-option
Outstanding at beginning of year (in shares)			293,334		293,334
Granted during the period (in shares)					550,000
Restrictions lifted during the period (in shares)					(348,332)
Forfeited during the period (in shares)
Outstanding at end of year (in shares)	495,002				495,002
Weighted Average Grant Date Fair Value Per Share - Non-option
Outstanding at beginning of year (in dollars per share) \| $ / shares			$ 0.61		$ 0.61
Granted during the period (in dollars per share) \| $ / shares					0.38
Restrictions lifted during the period (in dollars per share) \| $ / shares					0.49
Forfeited during the period (in dollars per share) \| $ / shares
Outstanding at end of year (in dollars per share) \| $ / shares	$ 0.44				$ 0.44
Restricted Stock Units (RSUs) [Member] \| Chief Executive Officer [Member]
Number of Shares - Non-option
Granted during the period (in shares)	1,000,000
Weighted Average Grant Date Fair Value Per Share - Non-option
Compensation expense \| $					$ 63,000
Units [Member]
Number of Shares - Non-option
Outstanding at beginning of year (in shares)			5,330,000		5,330,000
Granted during the period (in shares)						1,605,000
Outstanding at end of year (in shares)	4,700,000				4,700,000
Weighted Average Grant Date Fair Value Per Share - Non-option
Compensation expense \| $						$ 1,000,000
Equity Incentive Plan [Member] \| Restricted Stock [Member]
Number of Shares - Non-option
Granted during the period (in shares)					500,000
Weighted Average Grant Date Fair Value Per Share - Non-option
Compensation expense \| $					$ 163,000
Equity Incentive Plan [Member] \| Restricted Stock [Member] \| New Employee [Member]
Number of Shares - Non-option
Granted during the period (in shares)					50,000
Percentage of awards which will vest on each of the first, second and third anniversaries of the grant date					33.33%
Non Employee Directors Deferred Compensation and Equity Award Plan [Member] \| Restricted Stock [Member] \| Employees
Number of Shares - Non-option
Restrictions lifted during the period (in shares)					(181,666)
Non Employee Directors Deferred Compensation and Equity Award Plan [Member] \| Restricted Stock Units (RSUs) [Member]
Number of Shares - Non-option
Outstanding at beginning of year (in shares)			4,010,038		4,010,038
Granted during the period (in shares)					1,700,000
Restrictions lifted during the period (in shares)
Forfeited during the period (in shares)
Outstanding at end of year (in shares)	5,710,038				5,710,038
Weighted Average Grant Date Fair Value Per Share - Non-option
Outstanding at beginning of year (in dollars per share) \| $ / shares			$ 0.69		$ 0.69
Granted during the period (in dollars per share) \| $ / shares					0.40
Restrictions lifted during the period (in dollars per share) \| $ / shares
Forfeited during the period (in dollars per share) \| $ / shares
Outstanding at end of year (in dollars per share) \| $ / shares	$ 0.60				$ 0.60
Compensation expense \| $					$ 244,000
Non Employee Directors Deferred Compensation and Equity Award Plan [Member] \| Restricted Stock Units (RSUs) [Member] \| Consultant
Number of Shares - Non-option
Granted during the period (in shares)						100,000
Weighted Average Grant Date Fair Value Per Share - Non-option
Compensation expense \| $						$ 67,000
Number of unrestricted shares Director to receive for vested RSU upon termination from board						1
Non Employee Directors Deferred Compensation and Equity Award Plan [Member] \| Restricted Stock Units (RSUs) [Member] \| Director
Number of Shares - Non-option
Granted during the period (in shares)					100,000
Weighted Average Grant Date Fair Value Per Share - Non-option
Compensation expense \| $					$ 94,000
Key Employee Long Term Incentive Plan [Member]
Number of Shares - Non-option
Granted during the period (in shares)			450,000
Weighted Average Grant Date Fair Value Per Share - Non-option
Compensation expense \| $					97,000
Key Employee Long Term Incentive Plan [Member] \| Another new officer [Member]
Number of Shares - Non-option
Granted during the period (in shares)		500,000
Weighted Average Grant Date Fair Value Per Share - Non-option
Compensation expense \| $					$ 39,000
Restricted Stock [Member] \| Equity Incentive Plan [Member] \| Employees
Weighted Average Grant Date Fair Value Per Share - Non-option
Number of employees \| employee					9
Restricted Stock [Member] \| Non Employee Directors Deferred Compensation and Equity Award Plan [Member] \| Employees
Weighted Average Grant Date Fair Value Per Share - Non-option
Number of employees \| employee					9
Vesting immediately
Number of Shares - Non-option
Percentage of awards which will vest on each of the first, second and third anniversaries of the grant date					33.33%
Vest on first anniversary \| Restricted Stock Units (RSUs) [Member] \| Chief Executive Officer [Member]
Number of Shares - Non-option
Percentage of awards which will vest on each of the first, second and third anniversaries of the grant date					50%
Vest on second anniversary \| Restricted Stock Units (RSUs) [Member] \| Chief Executive Officer [Member]
Number of Shares - Non-option
Percentage of awards which will vest on each of the first, second and third anniversaries of the grant date					50%

Equity - Warrants (Details)

Equity - Warrants (Details)	9 Months Ended
Equity - Warrants (Details)	Sep. 30, 2022 $ / shares shares
Warrant
Number of Underlying Shares
Outstanding, beginning balance (in shares) \| shares	12,803,846
Outstanding, end balance (in shares) \| shares	9,803,846
Weighted Average Exercise Price Per Share
Outstanding, beginning balance (in dollars per share) \| $ / shares	$ 0.34
Outstanding, end balance (in dollars per share) \| $ / shares	$ 0.34
July 2019 Series B warrants
Number of Underlying Shares
Exercised during period (in shares) \| shares	(3,000,000)
Weighted Average Exercise Price Per Share
Exercised during period (in dollar per share) \| $ / shares	$ 0.35

Sale of Metals and Related Co_2

Sale of Metals and Related Costs (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	$ 5,268	$ 8,479	$ 18,700	$ 16,118
Costs Applicable to Sales	$ 4,374	$ 4,292	$ 13,335	$ 9,156
Percentage of provisional payment for gold and silver			95%
Term of final payment within shipment date			30 days
Minimum [Member]
Disaggregation of Revenue [Line Items]
Provisional payment term of gold and silver			10 days
Maximum [Member]
Disaggregation of Revenue [Line Items]
Provisional payment term of gold and silver			12 days

Interest and Other Expense, N_2

Interest and Other Expense, Net (Details) $ in Millions	9 Months Ended
Interest and Other Expense, Net (Details) $ in Millions	Sep. 30, 2021 USD ($)
Golden Tag \| LPC Program
Interest and Other Income [Line Items]
Interest and other expense	$ 0.3

Supplemental Cash Flow Inform_3

Supplemental Cash Flow Information (Details) - USD ($)	3 Months Ended		9 Months Ended
Supplemental Cash Flow Information (Details) - USD ($)	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Cash flows from operating activities:
Net loss			$ (5,826,000)	$ (3,577,000)
Adjustments to reconcile net loss to net cash used in operating activities:
Depreciation and amortization	$ 89,000	$ 143,000	241,000	466,000
Accretion of asset retirement obligation			211,000	196,000
Loss (gain) on trading securities			32,000	(24,000)
Write off of deferred financing costs				352,000
Gain on sale of assets			(125,000)	(17,000)
Stock compensation			543,000	1,491,000
Changes in operating assets and liabilities from continuing operations:
Decrease (increase) in prepaid expenses and other assets			(37,000)	343,000
Increase in inventories			(150,000)	(1,552,000)
Increase in value added tax recoverable, net			(480,000)	(1,058,000)
Decrease in other long-term assets			104,000	301,000
Increase (decrease) in reclamation liability			25,000	(33,000)
Increase in accounts payable and accrued liabilities			835,000	2,029,000
Decrease in other current liabilities			(445,000)	(343,000)
Decrease in deferred revenue			(1,125,000)	(404,000)
Decrease in other long-term liabilities			(204,000)	(263,000)
Net cash used in operating activities			$ (6,401,000)	$ (2,093,000)

Supplemental Cash Flow Inform_4

Supplemental Cash Flow Information - Supplemental and Non-cash transactions (Details) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021
Supplemental Cash Flow Information
Interest paid	$ 6	$ 7
Income taxes paid	$ 413
Deferred equity offering costs amortized		57
Deferred equity offering costs written off		$ 352

Commitments and Contingencies (

Commitments and Contingencies (Details)	9 Months Ended
Commitments and Contingencies (Details)	Sep. 30, 2022 USD ($)
Frozen Bank Account Estimated Value	$ 153,000
Potential Lawsuit From Unifin Financiera [Member] \| Threatened Litigation [Member]
Frozen Bank Account Estimated Value	153,000
Loss Contingency, Damages Sought, Value	$ 12,500,000

Segment Information (Details)

Segment Information (Details) $ in Thousands	3 Months Ended		9 Months Ended
Segment Information (Details) $ in Thousands	Sep. 30, 2022 USD ($)	Sep. 30, 2021 USD ($)	Sep. 30, 2022 USD ($) segment	Sep. 30, 2021 USD ($)	Dec. 31, 2021 USD ($)
Segment Information
Number of reportable segments \| segment			2
Revenue	$ 5,268	$ 8,479	$ 18,700	$ 16,118
Costs Applicable to Sales	4,374	4,292	13,335	9,156
Depreciation, Depletion and Amortization	89	143	241	466
Exploration, El Quevar, Velardena and Administrative Expense	3,818	3,562	11,795	8,477
Pre-Tax (gain) loss	2,743	(599)	5,916	3,374
Total Assets	18,549	20,062	18,549	20,062	$ 23,713
Capital Expenditures	19	171	$ 46	1,542
Mexico Operations
Segment Information
Number of reportable segments \| segment			1
Revenue	5,268	8,479	$ 18,700	16,118
Costs Applicable to Sales	4,374	4,292	13,335	9,156
Depreciation, Depletion and Amortization	77	125	204	343
Exploration, El Quevar, Velardena and Administrative Expense	1,878	(596)	5,815	753
Pre-Tax (gain) loss	1,097	(3,007)	14	(4,199)
Total Assets	9,084	8,727	9,084	8,727
Capital Expenditures	17	168	43	1,479
Corporate, Exploration and Other [Member]
Segment Information
Depreciation, Depletion and Amortization	12	18	37	123
Exploration, El Quevar, Velardena and Administrative Expense	1,940	4,158	5,980	7,724
Pre-Tax (gain) loss	1,646	2,408	5,902	7,573
Total Assets	9,465	11,335	9,465	11,335
Capital Expenditures	$ 2	$ 3	$ 3	$ 63

Related Party Transactions (Det

Related Party Transactions (Details) - USD ($) shares in Millions	9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021
Minera Inde
Related Party Transaction
Monthly charges received	$ 15,000
Received amount	$ 135,000	$ 135,000
Sentient Loan \| The Sentient Group [Member]
Related Party Transaction
Ownership (as a percent)	22.50%
Shares issued	167.5
Shares outstanding	167.5