2022 Q1 Form 10-Q Financial Statement

#000171840522000021 Filed on May 04, 2022

View on sec.gov

Income Statement

Concept 2022 Q1 2021 Q1
Revenue $9.166M $19.04M
YoY Change -51.85% 70.79%
Cost Of Revenue $16.97M $29.40M
YoY Change -42.28% 23.07%
Gross Profit -$7.806M -$10.37M
YoY Change -24.7% -18.66%
Gross Profit Margin -85.16% -54.45%
Selling, General & Admin $3.072M $3.790M
YoY Change -18.94% 88.56%
% of Gross Profit
Research & Development $1.038M $490.0K
YoY Change 111.84%
% of Gross Profit
Depreciation & Amortization $920.0K $1.568M
YoY Change -41.33% -16.42%
% of Gross Profit
Operating Expenses $4.212M $4.389M
YoY Change -4.03% 109.1%
Operating Profit -$12.02M -$14.76M
YoY Change -18.55% -0.59%
Interest Expense -$10.67M $5.070M
YoY Change -310.39% -125.63%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income -$22.06M -$9.688M
YoY Change 127.7% -72.01%
Income Tax $0.00 $0.00
% Of Pretax Income
Net Earnings -$22.06M -$9.688M
YoY Change 127.7% -72.01%
Net Earnings / Revenue -240.67% -50.89%
Basic Earnings Per Share -$0.27 -$0.16
Diluted Earnings Per Share -$0.27 -$0.16
COMMON SHARES
Basic Shares Outstanding 81.20M shares 59.90M shares
Diluted Shares Outstanding 81.20M shares 59.90M shares

Balance Sheet

Concept 2022 Q1 2021 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $172.8M $36.50M
YoY Change 373.36%
Cash & Equivalents $207.1M $76.20M
Short-Term Investments
Other Short-Term Assets $4.862M $37.70M
YoY Change -87.1% 37600.0%
Inventory $11.13M $18.95M
Prepaid Expenses $3.458M
Receivables $14.00K
Other Receivables $0.00
Total Short-Term Assets $190.3M $93.12M
YoY Change 104.37% 93016.0%
LONG-TERM ASSETS
Property, Plant & Equipment $57.85M $66.36M
YoY Change -12.82%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $600.0K $14.49M
YoY Change -95.86%
Total Long-Term Assets $103.1M $129.8M
YoY Change -20.6% 80.76%
TOTAL ASSETS
Total Short-Term Assets $190.3M $93.12M
Total Long-Term Assets $103.1M $129.8M
Total Assets $293.4M $222.9M
YoY Change 31.61% 210.02%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $7.348M $15.00M
YoY Change -51.01% 455.56%
Accrued Expenses $3.738M $5.000M
YoY Change -25.24%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change -100.0%
Long-Term Debt Due $2.326M $7.441M
YoY Change -68.74%
Total Short-Term Liabilities $15.27M $27.54M
YoY Change -44.56% 734.39%
LONG-TERM LIABILITIES
Long-Term Debt $137.4M $145.8M
YoY Change -5.81%
Other Long-Term Liabilities $301.0K $1.375M
YoY Change -78.11% -81.16%
Total Long-Term Liabilities $137.7M $147.2M
YoY Change -6.48% 1916.7%
TOTAL LIABILITIES
Total Short-Term Liabilities $15.27M $27.54M
Total Long-Term Liabilities $137.7M $147.2M
Total Liabilities $194.1M $215.4M
YoY Change -9.9% 1932.08%
SHAREHOLDERS EQUITY
Retained Earnings -$631.4M -$530.4M
YoY Change 19.04%
Common Stock $20.00K $6.000K
YoY Change 233.33%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $99.29M $7.551M
YoY Change
Total Liabilities & Shareholders Equity $293.4M $222.9M
YoY Change 31.61% 210.02%

Cashflow Statement

Concept 2022 Q1 2021 Q1
OPERATING ACTIVITIES
Net Income -$22.06M -$9.688M
YoY Change 127.7% -72.01%
Depreciation, Depletion And Amortization $920.0K $1.568M
YoY Change -41.33% -16.42%
Cash From Operating Activities -$6.916M -$14.76M
YoY Change -53.15% -24.09%
INVESTING ACTIVITIES
Capital Expenditures $351.0K $5.082M
YoY Change -93.09% 143.16%
Acquisitions
YoY Change
Other Investing Activities $1.961M
YoY Change
Cash From Investing Activities $1.610M -$5.082M
YoY Change -131.68% 143.16%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $190.2M $0.00
YoY Change
Debt Paid & Issued, Net $0.00
YoY Change -100.0%
Cash From Financing Activities $165.7M $0.00
YoY Change -100.0%
NET CHANGE
Cash From Operating Activities -$6.916M -$14.76M
Cash From Investing Activities $1.610M -$5.082M
Cash From Financing Activities $165.7M $0.00
Net Change In Cash $160.4M -$19.84M
YoY Change -908.53% -16232.52%
FREE CASH FLOW
Cash From Operating Activities -$6.916M -$14.76M
Capital Expenditures $351.0K $5.082M
Free Cash Flow -$7.267M -$19.84M
YoY Change -63.38% -7.86%

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CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
76197000 USD
CY2022Q1 us-gaap Cash
Cash
172778000 USD
CY2021Q1 us-gaap Cash
Cash
36497000 USD
CY2022Q1 us-gaap Restricted Cash
RestrictedCash
34293000 USD
CY2021Q1 us-gaap Restricted Cash
RestrictedCash
39700000 USD
CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
207071000 USD
CY2021Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
76197000 USD
CY2020Q4 us-gaap Stockholders Equity
StockholdersEquity
16617000 USD
CY2021Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
507000 USD
CY2021Q1 us-gaap Stock Issued During Period Value Restricted Stock Award Gross
StockIssuedDuringPeriodValueRestrictedStockAwardGross
115000 USD
CY2021Q1 us-gaap Net Income Loss
NetIncomeLoss
-9688000 USD
CY2021Q1 us-gaap Stockholders Equity
StockholdersEquity
7551000 USD
CY2021Q4 us-gaap Stockholders Equity
StockholdersEquity
-68494000 USD
CY2022Q1 hymc Stock Issued During Period Value Issuance Of Common Stock And Warrants
StockIssuedDuringPeriodValueIssuanceOfCommonStockAndWarrants
189412000 USD
CY2022Q1 us-gaap Stock Issued During Period Value Restricted Stock Award Gross
StockIssuedDuringPeriodValueRestrictedStockAwardGross
37000 USD
CY2022Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
391000 USD
CY2022Q1 us-gaap Net Income Loss
NetIncomeLoss
-22060000 USD
CY2022Q1 us-gaap Stockholders Equity
StockholdersEquity
99286000 USD
CY2022Q1 hymc Number Of Consultants
NumberOfConsultants
2 consultant
CY2022Q1 us-gaap Cash
Cash
172800000 USD
CY2022Q1 hymc Working Capital
WorkingCapital
175000000 USD
CY2022Q1 us-gaap Use Of Estimates
UseOfEstimates
<div style="margin-top:10pt;text-align:justify"><span style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%;text-decoration:underline">Use of estimates</span></div><div style="margin-top:10pt;text-align:justify;text-indent:18pt"><span style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The preparation of the</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> Company’s condensed consolidated financial statements requires management to make estimates and assumptions that affect amounts reported in these condensed consolidated financial statements and accompanying notes. The more significant areas requiring the use of management estimates and assumptions relate to: recoverable gold and silver ounces on leach pads and in-process inventories; timing of near-term ounce production and related sales; the useful lives of long-lived assets; estimates of mineral resources; estimates of life-of-mine production timing, volumes, costs and prices; future mining and current and future processing plans; environmental reclamation and closure costs and timing; deferred taxes and related valuation allowances; estimates of the fair value of liability classified warrants, and estimates of fair value for asset impairments and financial instruments. The Company bases its estimates on historical experience and various other assumptions that are believed to be reasonable at the time the estimate is made. Actual results may differ from amounts estimated in these condensed consolidated financial statements, and such differences could be material. Accordingly, amounts presented in these condensed consolidated financial statements are not indicative of results that may be expected for future periods.</span></div>
CY2022Q1 us-gaap Inventory Raw Materials And Supplies
InventoryRawMaterialsAndSupplies
4158000 USD
CY2022Q1 hymc Inventory Materials And Supplies Gold Ounces
InventoryMaterialsAndSuppliesGoldOunces
0 oz
CY2021Q4 us-gaap Inventory Raw Materials And Supplies
InventoryRawMaterialsAndSupplies
4376000 USD
CY2021Q4 hymc Inventory Materials And Supplies Gold Ounces
InventoryMaterialsAndSuppliesGoldOunces
0 oz
CY2022Q1 hymc Inventory Merrill Crowe In Process Gross
InventoryMerrillCroweInProcessGross
0 USD
CY2022Q1 hymc Inventory Merrill Crowe In Process Gold Ounces
InventoryMerrillCroweInProcessGoldOunces
0 oz
CY2021Q4 hymc Inventory Merrill Crowe In Process Gross
InventoryMerrillCroweInProcessGross
11000 USD
CY2021Q4 hymc Inventory Merrill Crowe In Process Gold Ounces
InventoryMerrillCroweInProcessGoldOunces
6 oz
CY2022Q1 hymc Inventory Carbon Column In Process Gross
InventoryCarbonColumnInProcessGross
6028000 USD
CY2022Q1 hymc Inventory Carbon Column In Process Gold Ounces
InventoryCarbonColumnInProcessGoldOunces
3174 oz
CY2021Q4 hymc Inventory Carbon Column In Process Gross
InventoryCarbonColumnInProcessGross
3493000 USD
CY2021Q4 hymc Inventory Carbon Column In Process Gold Ounces
InventoryCarbonColumnInProcessGoldOunces
2044 oz
CY2022Q1 us-gaap Inventory Finished Goods
InventoryFinishedGoods
948000 USD
CY2022Q1 hymc Inventory Dor Finished Goods Gold Ounces
InventoryDorFinishedGoodsGoldOunces
695 oz
CY2021Q4 us-gaap Inventory Finished Goods
InventoryFinishedGoods
3189000 USD
CY2021Q4 hymc Inventory Dor Finished Goods Gold Ounces
InventoryDorFinishedGoodsGoldOunces
1799 oz
CY2022Q1 us-gaap Inventory Net
InventoryNet
11134000 USD
CY2022Q1 hymc Inventory Gold Ounces
InventoryGoldOunces
3869 oz
CY2021Q4 hymc Capitalized Costs Ore On Leach Pads Current Net
CapitalizedCostsOreOnLeachPadsCurrentNet
600000 USD
CY2021Q4 us-gaap Inventory Net
InventoryNet
11069000 USD
CY2021Q4 hymc Inventory Gold Ounces
InventoryGoldOunces
3849 oz
CY2022Q1 hymc Capitalized Costs Inventory Capitalized Depreciation And Amortization Costs
CapitalizedCostsInventoryCapitalizedDepreciationAndAmortizationCosts
500000 USD
CY2021Q4 hymc Capitalized Costs Inventory Capitalized Depreciation And Amortization Costs
CapitalizedCostsInventoryCapitalizedDepreciationAndAmortizationCosts
400000 USD
CY2022Q1 dei Document Period End Date
DocumentPeriodEndDate
2022-03-31
CY2022Q1 hymc Inventory Ore On Leach Pads Current
InventoryOreOnLeachPadsCurrent
3680000 USD
CY2022Q1 hymc Ore On Leach Pads Gold Ounces Current
OreOnLeachPadsGoldOuncesCurrent
2693 oz
CY2021Q4 hymc Inventory Ore On Leach Pads Current
InventoryOreOnLeachPadsCurrent
10106000 USD
CY2021Q4 hymc Ore On Leach Pads Gold Ounces Current
OreOnLeachPadsGoldOuncesCurrent
7130 oz
CY2022Q1 hymc Inventory Ore On Leach Pads
InventoryOreOnLeachPads
3680000 USD
CY2022Q1 hymc Ore On Leach Pads Gold Ounces
OreOnLeachPadsGoldOunces
2693 oz
CY2021Q4 hymc Inventory Ore On Leach Pads
InventoryOreOnLeachPads
10106000 USD
CY2021Q4 hymc Ore On Leach Pads Gold Ounces
OreOnLeachPadsGoldOunces
7130 oz
CY2022Q1 hymc Capitalized Costs Ore On Leach Pads Current Net
CapitalizedCostsOreOnLeachPadsCurrentNet
300000 USD
CY2022Q1 us-gaap Prepaid Insurance
PrepaidInsurance
145000 USD
CY2021Q4 us-gaap Prepaid Insurance
PrepaidInsurance
1014000 USD
CY2022Q1 hymc Prepaid Mining Claims And Permitting Fees
PrepaidMiningClaimsAndPermittingFees
378000 USD
CY2021Q4 hymc Prepaid Mining Claims And Permitting Fees
PrepaidMiningClaimsAndPermittingFees
891000 USD
CY2022Q1 us-gaap Prepaid Taxes
PrepaidTaxes
209000 USD
CY2021Q4 us-gaap Prepaid Taxes
PrepaidTaxes
0 USD
CY2022Q1 hymc Prepaid Subscription And License Fees
PrepaidSubscriptionAndLicenseFees
202000 USD
CY2021Q4 hymc Prepaid Subscription And License Fees
PrepaidSubscriptionAndLicenseFees
186000 USD
CY2022Q1 us-gaap Other Prepaid Expense Current
OtherPrepaidExpenseCurrent
29000 USD
CY2021Q4 us-gaap Other Prepaid Expense Current
OtherPrepaidExpenseCurrent
56000 USD
CY2022Q1 us-gaap Deposits Assets Current
DepositsAssetsCurrent
219000 USD
CY2021Q4 us-gaap Deposits Assets Current
DepositsAssetsCurrent
195000 USD
CY2022Q1 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
1182000 USD
CY2021Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
2342000 USD
CY2022Q1 us-gaap Advance Royalties Noncurrent
AdvanceRoyaltiesNoncurrent
600000 USD
CY2021Q4 us-gaap Advance Royalties Noncurrent
AdvanceRoyaltiesNoncurrent
600000 USD
CY2022Q1 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
600000 USD
CY2021Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
600000 USD
CY2022Q1 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
88070000 USD
CY2021Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
88248000 USD
CY2022Q1 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
30221000 USD
CY2021Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
29764000 USD
CY2022Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
57849000 USD
CY2021Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
58484000 USD
CY2022Q1 dei Document Period End Date
DocumentPeriodEndDate
2022-03-31
CY2022Q1 us-gaap Cost Depreciation Amortization And Depletion
CostDepreciationAmortizationAndDepletion
900000 USD
CY2021Q1 us-gaap Cost Depreciation Amortization And Depletion
CostDepreciationAmortizationAndDepletion
1000000 USD
CY2022Q1 dei Document Period End Date
DocumentPeriodEndDate
2022-03-31
CY2022Q1 us-gaap Restricted Cash Noncurrent
RestrictedCashNoncurrent
34293000 USD
CY2021Q4 us-gaap Restricted Cash Noncurrent
RestrictedCashNoncurrent
34293000 USD
CY2022Q1 dei Document Period End Date
DocumentPeriodEndDate
2022-03-31
CY2022Q1 dei Document Period End Date
DocumentPeriodEndDate
2022-03-31
CY2022Q1 us-gaap Impairment Of Long Lived Assets To Be Disposed Of
ImpairmentOfLongLivedAssetsToBeDisposedOf
1300000 USD
CY2022Q1 us-gaap Deferred Compensation Share Based Arrangements Liability Current
DeferredCompensationShareBasedArrangementsLiabilityCurrent
3121000 USD
CY2021Q4 us-gaap Deferred Compensation Share Based Arrangements Liability Current
DeferredCompensationShareBasedArrangementsLiabilityCurrent
2641000 USD
CY2022Q1 us-gaap Deferred Compensation Cash Based Arrangements Liability Current
DeferredCompensationCashBasedArrangementsLiabilityCurrent
617000 USD
CY2021Q4 us-gaap Deferred Compensation Cash Based Arrangements Liability Current
DeferredCompensationCashBasedArrangementsLiabilityCurrent
935000 USD
CY2022Q1 hymc Deferred Compensation Restricted Stock Units Current
DeferredCompensationRestrictedStockUnitsCurrent
687000 USD
CY2021Q4 hymc Deferred Compensation Restricted Stock Units Current
DeferredCompensationRestrictedStockUnitsCurrent
714000 USD
CY2022Q1 us-gaap Long Term Debt Maturities Repayments Of Principal Remainder Of Fiscal Year
LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear
1744000 USD
CY2022Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
2327000 USD
CY2022Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
2329000 USD
CY2022Q1 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
471000 USD
CY2021Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
471000 USD
CY2022Q1 us-gaap Sales And Excise Tax Payable Current
SalesAndExciseTaxPayableCurrent
681000 USD
CY2021Q4 us-gaap Sales And Excise Tax Payable Current
SalesAndExciseTaxPayableCurrent
268000 USD
CY2022Q1 hymc Accrued Director Fees Current
AccruedDirectorFeesCurrent
15000 USD
CY2021Q4 hymc Accrued Director Fees Current
AccruedDirectorFeesCurrent
15000 USD
CY2022Q1 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
5592000 USD
CY2021Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
5044000 USD
CY2022Q1 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
260000 USD
CY2021Q4 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
286000 USD
CY2022Q1 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
41000 USD
CY2021Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
53000 USD
CY2022Q1 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
301000 USD
CY2021Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
339000 USD
CY2022Q1 us-gaap Sales And Excise Tax Payable Current
SalesAndExciseTaxPayableCurrent
700000 USD
CY2022Q1 us-gaap Deferred Finance Costs Current Net
DeferredFinanceCostsCurrentNet
0 USD
CY2021Q4 us-gaap Deferred Finance Costs Current Net
DeferredFinanceCostsCurrentNet
672000 USD
CY2022Q1 us-gaap Long Term Debt Current
LongTermDebtCurrent
2326000 USD
CY2021Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
16666000 USD
CY2022Q1 hymc Long Term Debt Gross Excluding Current Maturities
LongTermDebtGrossExcludingCurrentMaturities
43585000 USD
CY2021Q4 hymc Long Term Debt Gross Excluding Current Maturities
LongTermDebtGrossExcludingCurrentMaturities
51809000 USD
CY2022Q1 us-gaap Deferred Finance Costs Noncurrent Net
DeferredFinanceCostsNoncurrentNet
2449000 USD
CY2021Q4 us-gaap Deferred Finance Costs Noncurrent Net
DeferredFinanceCostsNoncurrentNet
2115000 USD
CY2022Q1 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
137377000 USD
CY2021Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
143638000 USD
CY2022Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
1154000 USD
CY2022Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
22000 USD
CY2022Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
146744000 USD
CY2022Q1 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
154320000 USD
CY2022Q1 hymc Accumulated Amortization Debt Discount
AccumulatedAmortizationDebtDiscount
8200000 USD
CY2022Q1 us-gaap Debt Instrument Unamortized Discount
DebtInstrumentUnamortizedDiscount
12168000 USD
CY2022Q1 us-gaap Accumulated Amortization Deferred Finance Costs
AccumulatedAmortizationDeferredFinanceCosts
2500000 USD
CY2022Q1 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
2449000 USD
CY2022Q1 us-gaap Long Term Debt
LongTermDebt
139703000 USD
CY2022Q1 hymc Amortization Of Original Issue Discount
AmortizationOfOriginalIssueDiscount
1158000 USD
CY2021Q1 hymc Amortization Of Original Issue Discount
AmortizationOfOriginalIssueDiscount
1088000 USD
CY2022Q1 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
337000 USD
CY2021Q1 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
335000 USD
CY2022Q1 hymc Interest Expense Debt Other
InterestExpenseDebtOther
18000 USD
CY2021Q1 hymc Interest Expense Debt Other
InterestExpenseDebtOther
8000 USD
CY2022Q1 us-gaap Interest Costs Capitalized Adjustment
InterestCostsCapitalizedAdjustment
0 USD
CY2021Q1 us-gaap Interest Costs Capitalized Adjustment
InterestCostsCapitalizedAdjustment
654000 USD
CY2022Q1 us-gaap Interest Expense Debt
InterestExpenseDebt
5346000 USD
CY2021Q1 us-gaap Interest Expense Debt
InterestExpenseDebt
4449000 USD
CY2021Q4 us-gaap Asset Retirement Obligation
AssetRetirementObligation
5193000 USD
CY2020Q4 us-gaap Asset Retirement Obligation
AssetRetirementObligation
4785000 USD
CY2022Q1 us-gaap Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
102000 USD
us-gaap Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
408000 USD
CY2022Q1 us-gaap Asset Retirement Obligation
AssetRetirementObligation
5295000 USD
CY2021Q4 us-gaap Asset Retirement Obligation
AssetRetirementObligation
5193000 USD
CY2022Q1 hymc Net Proceeds After Deducting Commissions And Fees
NetProceedsAfterDeductingCommissionsAndFees
5000000 USD
CY2022Q1 hymc Accounts Payable And Accrued Expenses
AccountsPayableAndAccruedExpenses
800000 USD
CY2022Q1 dei Document Period End Date
DocumentPeriodEndDate
2022-03-31
CY2022Q1 us-gaap Accounts Payable And Accrued Liabilities Current And Noncurrent
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
133600000 USD
CY2022Q1 hymc Fair Value Assumptions Warrants Expected Term
FairValueAssumptionsWarrantsExpectedTerm
P5Y
CY2022Q1 hymc Fair Value Assumptions Warrants Risk Free Interest Rate
FairValueAssumptionsWarrantsRiskFreeInterestRate
0.021
CY2022Q1 hymc Fair Value Assumptions Warrant Expected Volatility Rate
FairValueAssumptionsWarrantExpectedVolatilityRate
1.184
CY2022Q1 hymc Fair Value Assumptions Warrants Expected Dividend Rate
FairValueAssumptionsWarrantsExpectedDividendRate
0
CY2022Q1 us-gaap Warrants And Rights Outstanding Term
WarrantsAndRightsOutstandingTerm
P5Y
CY2022Q1 us-gaap Warrants And Rights Outstanding Term
WarrantsAndRightsOutstandingTerm
P5Y
CY2022Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
9166000 USD
CY2021Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
19036000 USD
CY2022Q1 dei Document Period End Date
DocumentPeriodEndDate
2022-03-31
CY2022Q1 us-gaap Share Price
SharePrice
2.30
CY2022Q1 dei Document Period End Date
DocumentPeriodEndDate
2022-03-31
CY2022Q1 us-gaap Adjustments To Additional Paid In Capital Share Based Compensation Restricted Stock Units Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationRestrictedStockUnitsRequisiteServicePeriodRecognition
36912 USD
CY2021Q1 us-gaap Adjustments To Additional Paid In Capital Share Based Compensation Restricted Stock Units Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationRestrictedStockUnitsRequisiteServicePeriodRecognition
100000 USD
CY2022Q1 us-gaap Operating Loss Carryforwards
OperatingLossCarryforwards
1300000 USD
CY2022Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
0 USD
CY2021Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
0 USD
CY2022Q1 dei Document Period End Date
DocumentPeriodEndDate
2022-03-31
CY2022Q1 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.000
CY2021Q1 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.000
CY2022Q1 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.000
CY2021Q1 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.000
CY2022Q1 dei Document Period End Date
DocumentPeriodEndDate
2022-03-31
CY2022Q1 us-gaap Net Income Loss
NetIncomeLoss
-22060000 USD
CY2021Q1 us-gaap Net Income Loss
NetIncomeLoss
-9688000 USD
CY2022Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
81201453 shares
CY2021Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
59901306 shares
CY2022Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
81201453 shares
CY2021Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
59901306 shares
CY2022Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.27
CY2021Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.16
CY2022Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.27
CY2021Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.16
CY2022Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
95411000 shares
CY2021Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
37649000 shares
CY2022Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
9166000 USD
CY2022Q1 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
16972000 USD
CY2022Q1 us-gaap Operating Expenses
OperatingExpenses
4212000 USD
CY2022Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
-12018000 USD
CY2022Q1 us-gaap Interest Expense Debt
InterestExpenseDebt
5346000 USD
CY2022Q1 us-gaap Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
5321000 USD
CY2022Q1 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
625000 USD
CY2022Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-22060000 USD
CY2022Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
0 USD
CY2022Q1 us-gaap Net Income Loss
NetIncomeLoss
-22060000 USD
CY2022Q1 us-gaap Assets
Assets
293354000 USD
CY2021Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
19036000 USD
CY2021Q1 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
29402000 USD
CY2021Q1 us-gaap Operating Expenses
OperatingExpenses
4389000 USD
CY2021Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
-14755000 USD
CY2021Q1 us-gaap Interest Expense Debt
InterestExpenseDebt
4449000 USD
CY2021Q1 us-gaap Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
-9493000 USD
CY2021Q1 us-gaap Investment Income Interest
InvestmentIncomeInterest
23000 USD
CY2021Q1 us-gaap Net Income Loss
NetIncomeLoss
-9688000 USD
CY2021Q1 us-gaap Assets
Assets
222902000 USD
CY2022Q1 us-gaap Long Term Debt Fair Value
LongTermDebtFairValue
139300000 USD
CY2021Q4 us-gaap Long Term Debt Fair Value
LongTermDebtFairValue
162800000 USD
CY2022Q1 us-gaap Long Term Debt
LongTermDebt
139700000 USD
CY2021Q4 us-gaap Long Term Debt
LongTermDebt
160300000 USD
CY2022Q1 dei Document Period End Date
DocumentPeriodEndDate
2022-03-31
CY2022Q1 us-gaap Interest Paid Net
InterestPaidNet
1495000 USD
CY2021Q1 us-gaap Interest Paid Net
InterestPaidNet
0 USD
CY2022Q1 hymc Debt Increase Through Noncash In Kind Interest
DebtIncreaseThroughNoncashInKindInterest
2340000 USD
CY2021Q1 hymc Debt Increase Through Noncash In Kind Interest
DebtIncreaseThroughNoncashInKindInterest
3971000 USD
CY2022Q1 us-gaap Fair Value Of Assets Acquired
FairValueOfAssetsAcquired
0 USD
CY2021Q1 us-gaap Fair Value Of Assets Acquired
FairValueOfAssetsAcquired
407000 USD
CY2022Q1 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
0 USD
CY2021Q1 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
911000 USD
CY2022Q1 us-gaap Stock Issued1
StockIssued1
37000 USD
CY2021Q1 us-gaap Stock Issued1
StockIssued1
0 USD
CY2022Q1 hymc Allocate And Write Off Of Sellers Debt Issuance Costs
AllocateAndWriteOffOfSellersDebtIssuanceCosts
766000 USD
CY2021Q1 hymc Allocate And Write Off Of Sellers Debt Issuance Costs
AllocateAndWriteOffOfSellersDebtIssuanceCosts
0 USD
CY2022Q1 hymc Royalty Agreement Payment Percentage Of Net Profit
RoyaltyAgreementPaymentPercentageOfNetProfit
0.04
CY2022Q1 hymc Royalty Agreement Payment Annual Advance
RoyaltyAgreementPaymentAnnualAdvance
120000 USD
CY2022Q1 hymc Royalty Agreement Payment Percentage Of Net Profit
RoyaltyAgreementPaymentPercentageOfNetProfit
0.04
CY2022Q1 hymc Royalty Agreement Payment Additional Incremental Payment
RoyaltyAgreementPaymentAdditionalIncrementalPayment
120000 USD
CY2022Q1 hymc Royalty Agreement Payment Annual Tons Mined Threshold
RoyaltyAgreementPaymentAnnualTonsMinedThreshold
5000000 T
CY2022Q1 hymc Royalty Agreement Payment Annual Advance
RoyaltyAgreementPaymentAnnualAdvance
120000 USD
CY2022Q1 hymc Royalty Agreement Payment Maximum Lease Payments
RoyaltyAgreementPaymentMaximumLeasePayments
7600000 USD
CY2022Q1 us-gaap Payments To Acquire Royalty Interests In Mining Properties
PaymentsToAcquireRoyaltyInterestsInMiningProperties
3000000 USD
CY2020Q2 hymc Royalty Obligation Smelter Net Percent
RoyaltyObligationSmelterNetPercent
0.015
CY2022Q1 hymc Royalty Obligation Metal Price Discount Rate
RoyaltyObligationMetalPriceDiscountRate
0.050
CY2022Q1 hymc Related Party Transaction Number Of Financial Institutions Debt Issued
RelatedPartyTransactionNumberOfFinancialInstitutionsDebtIssued
5 financial_Institution
CY2022Q1 hymc Related Party Transaction Number Of Financial Institutions Considered Related Party
RelatedPartyTransactionNumberOfFinancialInstitutionsConsideredRelatedParty
1 financial_Institution
CY2022Q1 hymc Related Party Transaction Minimum Percentage Of Common Stock Held By Related Party Right To Nominate One Director
RelatedPartyTransactionMinimumPercentageOfCommonStockHeldByRelatedPartyRightToNominateOneDirector
0.10
CY2022Q1 us-gaap Interest Expense Related Party
InterestExpenseRelatedParty
800000 USD
CY2021Q1 hymc Related Party Transaction Minimum Percentage Of Common Stock Held By Related Party Right To Nominate One Director
RelatedPartyTransactionMinimumPercentageOfCommonStockHeldByRelatedPartyRightToNominateOneDirector
0.10
CY2021Q1 us-gaap Interest Expense Related Party
InterestExpenseRelatedParty
1800000 USD
CY2022Q1 us-gaap Due To Related Parties Current
DueToRelatedPartiesCurrent
34800000 USD
CY2021Q4 us-gaap Due To Related Parties Current
DueToRelatedPartiesCurrent
63800000 USD
CY2022Q1 dei Document Period End Date
DocumentPeriodEndDate
2022-03-31

Files In Submission

Name View Source Status
0001718405-22-000021-index-headers.html Edgar Link pending
0001718405-22-000021-index.html Edgar Link pending
0001718405-22-000021.txt Edgar Link pending
0001718405-22-000021-xbrl.zip Edgar Link pending
exhibit109letteragreement.htm Edgar Link pending
exhibit311-certificationof.htm Edgar Link pending
exhibit312-certificationof.htm Edgar Link pending
exhibit321-certificationof.htm Edgar Link pending
exhibit322-certificationof.htm Edgar Link pending
exhibit951-minesafetydiscl.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx Edgar Link pending
hymc-20220331.htm Edgar Link pending
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hymc-20220331_cal.xml Edgar Link unprocessable
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