2023 Q1 Form 10-K Financial Statement
#000165495423002950 Filed on March 16, 2023
Income Statement
Concept | 2023 Q1 | 2022 Q4 | 2022 |
---|---|---|---|
Revenue | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Cost Of Revenue | |||
YoY Change | |||
Gross Profit | |||
YoY Change | |||
Gross Profit Margin | |||
Selling, General & Admin | $476.0K | $261.0K | $1.360M |
YoY Change | 23.0% | 24.88% | 42.86% |
% of Gross Profit | |||
Research & Development | $275.0K | $451.0K | $2.283M |
YoY Change | 21.68% | 21.24% | 90.57% |
% of Gross Profit | |||
Depreciation & Amortization | $6.000K | $6.000K | $29.00K |
YoY Change | -25.0% | -14.29% | 7.41% |
% of Gross Profit | |||
Operating Expenses | $757.0K | $718.0K | $3.672M |
YoY Change | 21.9% | 22.11% | 67.37% |
Operating Profit | |||
YoY Change | |||
Interest Expense | $377.0K | $40.00K | -$168.0K |
YoY Change | 138.61% | -81.82% | 107.41% |
% of Operating Profit | |||
Other Income/Expense, Net | $377.0K | $12.00K | -$256.0K |
YoY Change | 252.34% | -111.76% | 47.98% |
Pretax Income | -$380.0K | -$666.0K | $37.00K |
YoY Change | -26.07% | 41.7% | -72.79% |
Income Tax | $0.00 | ||
% Of Pretax Income | 0.0% | ||
Net Earnings | -$380.0K | -$666.0K | -$3.928M |
YoY Change | -26.07% | 41.7% | 65.95% |
Net Earnings / Revenue | |||
Basic Earnings Per Share | |||
Diluted Earnings Per Share | -$0.01 | -$0.01 | -$0.06 |
COMMON SHARES | |||
Basic Shares Outstanding | 64.80M shares | 64.77M shares | |
Diluted Shares Outstanding |
Balance Sheet
Concept | 2023 Q1 | 2022 Q4 | 2022 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $4.881M | $1.265M | $5.216M |
YoY Change | 177.65% | 173.04% | -23.92% |
Cash & Equivalents | $440.0K | $316.0K | $316.0K |
Short-Term Investments | $4.441M | $949.0K | $4.900M |
Other Short-Term Assets | $26.00K | $38.00K | $38.00K |
YoY Change | -91.8% | -87.46% | -87.46% |
Inventory | |||
Prepaid Expenses | |||
Receivables | |||
Other Receivables | |||
Total Short-Term Assets | $4.907M | $5.254M | $5.254M |
YoY Change | -43.53% | -26.61% | -26.61% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $16.76M | $16.78M | $16.78M |
YoY Change | 1.91% | 1.96% | 1.96% |
Goodwill | |||
YoY Change | |||
Intangibles | |||
YoY Change | |||
Long-Term Investments | |||
YoY Change | |||
Other Assets | $4.000K | $134.0K | $4.000K |
YoY Change | -33.33% | -12.99% | -42.86% |
Total Long-Term Assets | $16.76M | $16.78M | $16.78M |
YoY Change | 1.9% | 1.94% | 1.94% |
TOTAL ASSETS | |||
Total Short-Term Assets | $4.907M | $5.254M | $5.254M |
Total Long-Term Assets | $16.76M | $16.78M | $16.78M |
Total Assets | $21.67M | $22.03M | $22.03M |
YoY Change | -13.8% | -6.71% | -6.71% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $188.0K | $228.0K | $228.0K |
YoY Change | -18.26% | -4.6% | -4.6% |
Accrued Expenses | $25.00K | $35.00K | $35.00K |
YoY Change | -32.43% | -5.41% | -5.41% |
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Long-Term Debt Due | |||
YoY Change | |||
Total Short-Term Liabilities | $213.0K | $263.0K | $263.0K |
YoY Change | -20.22% | -4.71% | -4.71% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Other Long-Term Liabilities | $125.0K | $125.0K | $125.0K |
YoY Change | -16.67% | -21.88% | -21.88% |
Total Long-Term Liabilities | $125.0K | $125.0K | $125.0K |
YoY Change | -16.67% | -21.88% | -21.88% |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $213.0K | $263.0K | $263.0K |
Total Long-Term Liabilities | $125.0K | $125.0K | $125.0K |
Total Liabilities | $338.0K | $388.0K | $388.0K |
YoY Change | -18.94% | -11.01% | -11.01% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$54.27M | -$53.89M | |
YoY Change | 7.86% | ||
Common Stock | $648.0K | $648.0K | |
YoY Change | 4.52% | ||
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $21.33M | $21.65M | $21.65M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $21.67M | $22.03M | $22.03M |
YoY Change | -13.8% | -6.71% | -6.71% |
Cashflow Statement
Concept | 2023 Q1 | 2022 Q4 | 2022 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$380.0K | -$666.0K | -$3.928M |
YoY Change | -26.07% | 41.7% | 65.95% |
Depreciation, Depletion And Amortization | $6.000K | $6.000K | $29.00K |
YoY Change | -25.0% | -14.29% | 7.41% |
Cash From Operating Activities | -$685.0K | -$952.0K | -$2.900M |
YoY Change | 14.74% | 119.35% | 34.45% |
INVESTING ACTIVITIES | |||
Capital Expenditures | $0.00 | -$45.00K | $390.0K |
YoY Change | -100.0% | -74.58% | -157.86% |
Acquisitions | |||
YoY Change | |||
Other Investing Activities | $809.0K | $969.0K | $1.091M |
YoY Change | -152.13% | -181.77% | 42.8% |
Cash From Investing Activities | $809.0K | $1.014M | $701.0K |
YoY Change | -151.79% | -174.45% | 678.89% |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | $2.023M | ||
YoY Change | -209.89% | ||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | 0.000 | 10.00K | $2.053M |
YoY Change | -100.0% | -99.41% | 6.7% |
NET CHANGE | |||
Cash From Operating Activities | -$685.0K | -952.0K | -$2.900M |
Cash From Investing Activities | $809.0K | 1.014M | $701.0K |
Cash From Financing Activities | 0.000 | 10.00K | $2.053M |
Net Change In Cash | $124.0K | 72.00K | -$146.0K |
YoY Change | -205.98% | -178.26% | 2.1% |
FREE CASH FLOW | |||
Cash From Operating Activities | -$685.0K | -$952.0K | -$2.900M |
Capital Expenditures | $0.00 | -$45.00K | $390.0K |
Free Cash Flow | -$685.0K | -$907.0K | -$3.290M |
YoY Change | 16.7% | 252.92% | 121.85% |
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108000 | usd |
CY2021 | sodi |
Unrealized Loss Gain On Short Term Investments
UnrealizedLossGainOnShortTermInvestments
|
102000 | usd |
CY2022 | sodi |
Loss On Sale Of Marketable Equity Securities
LossOnSaleOfMarketableEquitySecurities
|
-201000 | usd |
CY2021 | sodi |
Loss On Sale Of Marketable Equity Securities
LossOnSaleOfMarketableEquitySecurities
|
248000 | usd |
CY2022 | us-gaap |
Gain Loss On Derivative Instruments Held For Trading Purposes Net
GainLossOnDerivativeInstrumentsHeldForTradingPurposesNet
|
4000 | usd |
CY2021 | us-gaap |
Gain Loss On Derivative Instruments Held For Trading Purposes Net
GainLossOnDerivativeInstrumentsHeldForTradingPurposesNet
|
38000 | usd |
CY2022 | us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
0 | usd |
CY2021 | us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
10000 | usd |
CY2022 | sodi |
Mineral Property Impairment
MineralPropertyImpairment
|
0 | usd |
CY2021 | sodi |
Mineral Property Impairment
MineralPropertyImpairment
|
17000 | usd |
CY2022 | us-gaap |
Stock Option Plan Expense
StockOptionPlanExpense
|
338000 | usd |
CY2021 | us-gaap |
Stock Option Plan Expense
StockOptionPlanExpense
|
124000 | usd |
CY2022 | us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
29000 | usd |
CY2021 | us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
27000 | usd |
CY2022 | us-gaap |
Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
|
40000 | usd |
CY2021 | us-gaap |
Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
|
40000 | usd |
CY2022 | us-gaap |
Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
|
-265000 | usd |
CY2021 | us-gaap |
Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
|
277000 | usd |
CY2022 | us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
-51000 | usd |
CY2021 | us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
-17000 | usd |
CY2022 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-2900000 | usd |
CY2021 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-2157000 | usd |
CY2022 | us-gaap |
Proceeds From Sale Of Short Term Investments
ProceedsFromSaleOfShortTermInvestments
|
1028000 | usd |
CY2021 | us-gaap |
Proceeds From Sale Of Short Term Investments
ProceedsFromSaleOfShortTermInvestments
|
609000 | usd |
CY2022 | sodi |
Additions To Mineral Property
AdditionsToMineralProperty
|
340000 | usd |
CY2021 | sodi |
Additions To Mineral Property
AdditionsToMineralProperty
|
635000 | usd |
CY2022 | us-gaap |
Marketable Securities Gain Loss
MarketableSecuritiesGainLoss
|
63000 | usd |
CY2021 | us-gaap |
Marketable Securities Gain Loss
MarketableSecuritiesGainLoss
|
147000 | usd |
CY2022 | sodi |
Sale Of Derivative Instruments Net
SaleOfDerivativeInstrumentsNet
|
0 | usd |
CY2021 | sodi |
Sale Of Derivative Instruments Net
SaleOfDerivativeInstrumentsNet
|
8000 | usd |
CY2022 | us-gaap |
Payments To Acquire Other Productive Assets
PaymentsToAcquireOtherProductiveAssets
|
50000 | usd |
CY2021 | us-gaap |
Payments To Acquire Other Productive Assets
PaymentsToAcquireOtherProductiveAssets
|
39000 | usd |
CY2022 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
701000 | usd |
CY2021 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
90000 | usd |
CY2022 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
2023000 | usd |
CY2021 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
1841000 | usd |
CY2022 | us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
30000 | usd |
CY2021 | us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
83000 | usd |
CY2022 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
2053000 | usd |
CY2021 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
1924000 | usd |
CY2022 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
|
-146000 | usd |
CY2021 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
|
-143000 | usd |
CY2021Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
462000 | usd |
CY2020Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
605000 | usd |
CY2022Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
316000 | usd |
CY2021Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
462000 | usd |
CY2022 | sodi |
Accrued Mineral Property Acquisition Costs Included In Accounts Payable
AccruedMineralPropertyAcquisitionCostsIncludedInAccountsPayable
|
0 | usd |
CY2021 | sodi |
Accrued Mineral Property Acquisition Costs Included In Accounts Payable
AccruedMineralPropertyAcquisitionCostsIncludedInAccountsPayable
|
60000 | usd |
CY2022 | sodi |
Acquisition Of Right To Use Asset
AcquisitionOfRightToUseAsset
|
0 | usd |
CY2021 | sodi |
Acquisition Of Right To Use Asset
AcquisitionOfRightToUseAsset
|
99000 | usd |
CY2022Q4 | sodi |
Joint Ventures Partner
JointVenturesPartner
|
0.50 | pure |
CY2022Q4 | us-gaap |
Marketable Securities Current
MarketableSecuritiesCurrent
|
1440000 | usd |
CY2022 | us-gaap |
Use Of Estimates
UseOfEstimates
|
<p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; TEXT-INDENT: 45px; text-align:justify;">The preparation of financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. Some of the more significant estimates included in the preparation of Solitario's financial statements pertain to: (i) the recoverability of its investment in mineral properties related to its mineral exploration properties and their future exploration potential; (ii) the fair value of stock option grants to employees; (iii) the ability of Solitario to realize its deferred tax assets; and (iv) Solitario's investment in marketable equity securities.</p><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;"> </p><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; TEXT-INDENT: 45px; text-align:justify;">In performing its activities, Solitario has incurred certain costs for mineral properties. The recovery of these costs is ultimately dependent upon the sale of mineral property interests or the development of economically recoverable mineral reserves and the ability of Solitario to obtain the necessary permits and financing to successfully place the properties into production, and upon future profitable operations, none of which is assured.</p> | |
CY2022Q4 | sodi |
Cash And Cash Equivalents Held In Brokerage Accounts And Foreign Banks
CashAndCashEquivalentsHeldInBrokerageAccountsAndForeignBanks
|
293000 | usd |
CY2022 | sodi |
Maturities Period Of Current Assets In United States Treasury Securities
MaturitiesPeriodOfCurrentAssetsInUnitedStatesTreasurySecurities
|
15 days to one year | |
CY2022Q4 | sodi |
Certificates Of Deposit Fair Value
CertificatesOfDepositFairValue
|
3951000 | usd |
CY2021Q4 | sodi |
Certificates Of Deposit Fair Value
CertificatesOfDepositFairValue
|
4236000 | usd |
CY2021Q4 | us-gaap |
Certificates Of Deposit At Carrying Value
CertificatesOfDepositAtCarryingValue
|
100000 | usd |
CY2022Q4 | us-gaap |
Certificates Of Deposit At Carrying Value
CertificatesOfDepositAtCarryingValue
|
250000 | usd |
CY2022 | sodi |
Maturity Of Short Term Investment Description
MaturityOfShortTermInvestmentDescription
|
maturities of three months to one year, which are recorded at their fair value of $851,000 | |
CY2022 | us-gaap |
Interest Expense Long Term Debt And Capital Securities
InterestExpenseLongTermDebtAndCapitalSecurities
|
108000 | usd |
CY2021 | us-gaap |
Interest Expense Long Term Debt And Capital Securities
InterestExpenseLongTermDebtAndCapitalSecurities
|
102000 | usd |
CY2022 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
5390000 | shares |
CY2021 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
5513000 | shares |
CY2021Q4 | us-gaap |
Marketable Securities Current
MarketableSecuritiesCurrent
|
1704000 | usd |
CY2022Q4 | sodi |
Unrealized Gain Loss On Marketable Equity Securities
UnrealizedGainLossOnMarketableEquitySecurities
|
-491000 | usd |
CY2021Q4 | sodi |
Unrealized Gain Loss On Marketable Equity Securities
UnrealizedGainLossOnMarketableEquitySecurities
|
-397000 | usd |
CY2022 | us-gaap |
Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
|
<p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; TEXT-INDENT: 45px; text-align:justify;">Solitario faces risks related to health epidemics and other outbreaks of communicable diseases, which could significantly disrupt its operations and may materially and adversely affect its business and financial conditions.</p><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;"> </p><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; TEXT-INDENT: 45px; text-align:justify;">Solitario’s business still could be adversely impacted by the effects of the coronavirus (“COVID-19”) or other epidemics or pandemics. Solitario continues to evaluate the effects of COVID-19 on its operations and at times during the pandemic has taken pro-active steps to address the impacts on its operations, including at times reducing costs, in response to the economic uncertainty associated with potential risks from COVID-19. These prior cost reductions included implementing salary reductions and evaluating and reducing certain planned 2021 exploration programs through its joint venture partners at the Florida Canyon and Lik exploration projects. Certain of Solitario’s joint venture partners have, from time to time, modified plans with respect to the projects in which Solitario holds an interest in response to the COVID-19 pandemic. Also, Solitairo has evaluated the potential impacts on its ability to access future traditional funding sources on the same or reasonably similar terms as in past periods. Solitario will continue to monitor the effects of COVID-19 on its operations, financial condition, and liquidity. However, the extent to which COVID-19 ultimately impacts Solitario’s business, including its exploration and other activities and the market for its securities, will depend on future developments, which are highly uncertain and cannot be predicted at this time, and include the duration, severity and scope of any new outbreak and the actions taken to contain or treat the COVID-19 pandemic.</p> | |
CY2022Q4 | us-gaap |
Mineral Properties Net
MineralPropertiesNet
|
16646000 | usd |
CY2021Q4 | us-gaap |
Mineral Properties Net
MineralPropertiesNet
|
16306000 | usd |
CY2022 | us-gaap |
Loss Contingency Damages Paid Value
LossContingencyDamagesPaidValue
|
3000000 | usd |
CY2022 | sodi |
Exploration Expenditures
ExplorationExpenditures
|
200000 | usd |
CY2022Q4 | us-gaap |
Derivative Fixed Interest Rate
DerivativeFixedInterestRate
|
0.020 | pure |
CY2022Q4 | sodi |
Reduce Return Royalty Rate
ReduceReturnRoyaltyRate
|
0.010 | pure |
CY2022 | us-gaap |
Payments For Proceeds From Investments
PaymentsForProceedsFromInvestments
|
1000000 | usd |
CY2022 | sodi |
Minerals Property Impairment
MineralsPropertyImpairment
|
17000 | usd |
CY2022 | us-gaap |
Cost Of Other Property Operating Expense
CostOfOtherPropertyOperatingExpense
|
2121000 | usd |
CY2021 | us-gaap |
Cost Of Other Property Operating Expense
CostOfOtherPropertyOperatingExpense
|
1092000 | usd |
CY2022 | us-gaap |
Other General And Administrative Expense
OtherGeneralAndAdministrativeExpense
|
162000 | usd |
CY2021 | us-gaap |
Other General And Administrative Expense
OtherGeneralAndAdministrativeExpense
|
106000 | usd |
CY2022 | sodi |
Exploration Expense Mineral Properties
ExplorationExpenseMineralProperties
|
2283000 | usd |
CY2021 | sodi |
Exploration Expense Mineral Properties
ExplorationExpenseMineralProperties
|
1198000 | usd |
CY2022Q4 | us-gaap |
Asset Retirement Obligation
AssetRetirementObligation
|
125000 | usd |
sodi |
Purchased Vendetta Units
PurchasedVendettaUnits
|
3450000 | shares | |
sodi |
Vendetta Units For Aggregate Consideration
VendettaUnitsForAggregateConsideration
|
233000 | usd | |
sodi |
Purchase Price Per Unit
PurchasePricePerUnit
|
0.13 | ||
CY2022 | sodi |
Charged Loss On Derivative Instruments
ChargedLossOnDerivativeInstruments
|
4000 | usd |
CY2021 | sodi |
Charged Loss On Derivative Instruments
ChargedLossOnDerivativeInstruments
|
46000 | usd |
CY2022Q4 | sodi |
Available For Sales Securities Current
AvailableForSalesSecuritiesCurrent
|
949000 | usd |
CY2021Q4 | sodi |
Available For Sales Securities Current
AvailableForSalesSecuritiesCurrent
|
1307000 | usd |
CY2022Q4 | us-gaap |
Investments Fair Value Disclosure
InvestmentsFairValueDisclosure
|
949000 | usd |
CY2021Q4 | us-gaap |
Investments Fair Value Disclosure
InvestmentsFairValueDisclosure
|
1307000 | usd |
CY2022 | sodi |
Cost Of Marketable Equity Securities Sold
CostOfMarketableEquitySecuritiesSold
|
264000 | usd |
CY2021 | sodi |
Cost Of Marketable Equity Securities Sold
CostOfMarketableEquitySecuritiesSold
|
395000 | usd |
CY2022 | sodi |
Realized Gain On Marketable Equity Securities Sold
RealizedGainOnMarketableEquitySecuritiesSold
|
-201000 | usd |
CY2021 | sodi |
Realized Gain On Marketable Equity Securities Sold
RealizedGainOnMarketableEquitySecuritiesSold
|
-248000 | usd |
CY2022 | sodi |
Proceeds From The Sale Of Marketable Equity Securities Sold
ProceedsFromTheSaleOfMarketableEquitySecuritiesSold
|
-63000 | usd |
CY2021 | sodi |
Proceeds From The Sale Of Marketable Equity Securities Sold
ProceedsFromTheSaleOfMarketableEquitySecuritiesSold
|
-147000 | usd |
CY2022 | sodi |
Marketables Securities Gain Loss
MarketablesSecuritiesGainLoss
|
-295000 | usd |
CY2021 | sodi |
Marketables Securities Gain Loss
MarketablesSecuritiesGainLoss
|
-166000 | usd |
CY2022 | us-gaap |
Payments For Proceeds From Availableforsale Securities Shortterm
PaymentsForProceedsFromAvailableforsaleSecuritiesShortterm
|
0 | usd |
CY2021 | us-gaap |
Payments For Proceeds From Availableforsale Securities Shortterm
PaymentsForProceedsFromAvailableforsaleSecuritiesShortterm
|
0 | usd |
CY2022 | us-gaap |
Marketable Securities Unrealized Gain Loss Excluding Other Than Temporary Impairments
MarketableSecuritiesUnrealizedGainLossExcludingOtherThanTemporaryImpairments
|
-358000 | usd |
CY2021 | us-gaap |
Marketable Securities Unrealized Gain Loss Excluding Other Than Temporary Impairments
MarketableSecuritiesUnrealizedGainLossExcludingOtherThanTemporaryImpairments
|
-313000 | usd |
CY2022 | us-gaap |
Debt Securities Unrealized Gain Loss
DebtSecuritiesUnrealizedGainLoss
|
-94000 | usd |
CY2021 | us-gaap |
Debt Securities Unrealized Gain Loss
DebtSecuritiesUnrealizedGainLoss
|
82000 | usd |
CY2022 | sodi |
Realized Gain On Marketable Equities Securities Sold
RealizedGainOnMarketableEquitiesSecuritiesSold
|
-201000 | usd |
CY2021 | sodi |
Realized Gain On Marketable Equities Securities Sold
RealizedGainOnMarketableEquitiesSecuritiesSold
|
-248000 | usd |
CY2022 | sodi |
Net Gain Losses On Marketable Securities
NetGainLossesOnMarketableSecurities
|
-295000 | usd |
CY2021 | sodi |
Net Gain Losses On Marketable Securities
NetGainLossesOnMarketableSecurities
|
-166000 | usd |
CY2022Q4 | us-gaap |
Cash
Cash
|
20000 | usd |
CY2022 | us-gaap |
Debt Conversion Converted Instrument Shares Issued1
DebtConversionConvertedInstrumentSharesIssued1
|
200000 | shares |
CY2022 | us-gaap |
Other Income
OtherIncome
|
20000 | usd |
CY2022 | us-gaap |
Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
|
40000 | usd |
CY2021 | us-gaap |
Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
|
40000 | usd |
CY2022 | us-gaap |
Operating Lease Payments
OperatingLeasePayments
|
39000 | usd |
CY2021 | us-gaap |
Operating Lease Payments
OperatingLeasePayments
|
39000 | usd |
CY2022 | sodi |
Imputed Interest
ImputedInterest
|
3000 | usd |
CY2021 | sodi |
Imputed Interest
ImputedInterest
|
4000 | usd |
CY2022 | sodi |
Discount Rate
DiscountRate
|
0.05 | pure |
CY2021Q4 | sodi |
Remaining Cash Payments
RemainingCashPayments
|
36000 | usd |
CY2022 | us-gaap |
Operating Lease Payments Use
OperatingLeasePaymentsUse
|
39000 | usd |
CY2021 | us-gaap |
Operating Lease Payments Use
OperatingLeasePaymentsUse
|
39000 | usd |
CY2022 | us-gaap |
Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
|
0 | usd |
CY2021 | us-gaap |
Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
|
99000 | usd |
CY2022Q4 | us-gaap |
Other Assets
OtherAssets
|
134000 | usd |
CY2021Q4 | us-gaap |
Other Assets
OtherAssets
|
154000 | usd |
CY2022 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
|
37000 | usd |
CY2021 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
|
136000 | usd |
CY2022Q4 | us-gaap |
Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
|
11652000 | usd |
CY2021Q4 | us-gaap |
Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
|
12148000 | usd |
CY2022Q4 | us-gaap |
Deferred Tax Assets Investments
DeferredTaxAssetsInvestments
|
1669000 | usd |
CY2021Q4 | us-gaap |
Deferred Tax Assets Investments
DeferredTaxAssetsInvestments
|
1669000 | usd |
CY2022Q4 | us-gaap |
Capitalized Costs Mineral Interests In Unproved Properties
CapitalizedCostsMineralInterestsInUnprovedProperties
|
778000 | usd |
CY2021Q4 | us-gaap |
Capitalized Costs Mineral Interests In Unproved Properties
CapitalizedCostsMineralInterestsInUnprovedProperties
|
418000 | usd |
CY2022Q4 | us-gaap |
Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
|
152000 | usd |
CY2021Q4 | us-gaap |
Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
|
309000 | usd |
CY2022Q4 | us-gaap |
Deferred Tax Assets Derivative Instruments
DeferredTaxAssetsDerivativeInstruments
|
121000 | usd |
CY2021Q4 | us-gaap |
Deferred Tax Assets Derivative Instruments
DeferredTaxAssetsDerivativeInstruments
|
98000 | usd |
CY2022Q4 | us-gaap |
Deferred Tax Assets Other
DeferredTaxAssetsOther
|
65000 | usd |
CY2021Q4 | us-gaap |
Deferred Tax Assets Other
DeferredTaxAssetsOther
|
91000 | usd |
CY2022Q4 | sodi |
Unrealized Loss On Short Term Investments
UnrealizedLossOnShortTermInvestments
|
20000 | usd |
CY2022Q4 | us-gaap |
Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
|
0 | usd |
CY2022Q4 | sodi |
Lease Liability
LeaseLiability
|
9000 | usd |
CY2021Q4 | sodi |
Lease Liability
LeaseLiability
|
18000 | usd |
CY2022Q4 | us-gaap |
Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
|
14309000 | usd |
CY2021Q4 | us-gaap |
Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
|
14561000 | usd |
CY2022Q4 | us-gaap |
Deferred Tax Assets Gross
DeferredTaxAssetsGross
|
157000 | usd |
CY2021Q4 | us-gaap |
Deferred Tax Assets Gross
DeferredTaxAssetsGross
|
190000 | usd |
CY2022Q4 | us-gaap |
Deferred Tax Liabilities Investments
DeferredTaxLiabilitiesInvestments
|
149000 | usd |
CY2021Q4 | us-gaap |
Deferred Tax Liabilities Investments
DeferredTaxLiabilitiesInvestments
|
173000 | usd |
CY2022Q4 | sodi |
Lease Asset
LeaseAsset
|
8000 | usd |
CY2021Q4 | sodi |
Lease Asset
LeaseAsset
|
17 | usd |
CY2022Q4 | us-gaap |
Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
|
157000 | usd |
CY2021Q4 | us-gaap |
Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
|
190000 | usd |
CY2021Q4 | us-gaap |
Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
|
0 | usd |
CY2021Q4 | sodi |
Unrealized Loss On Short Term Investments
UnrealizedLossOnShortTermInvestments
|
0 | usd |
CY2022 | us-gaap |
Income Tax Reconciliation Tax Contingencies
IncomeTaxReconciliationTaxContingencies
|
-825000 | usd |
CY2021 | us-gaap |
Income Tax Reconciliation Tax Contingencies
IncomeTaxReconciliationTaxContingencies
|
-497000 | usd |
CY2022 | us-gaap |
Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost
|
238000 | usd |
CY2021 | us-gaap |
Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost
|
4000 | usd |
CY2022 | us-gaap |
Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
|
-3000 | usd |
CY2021 | us-gaap |
Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
|
-12000 | usd |
CY2022 | us-gaap |
Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
|
-166000 | usd |
CY2021 | us-gaap |
Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
|
-98000 | usd |
CY2022 | sodi |
Income Tax Reconciliation Expiration Of Capital Loss Carryovers
IncomeTaxReconciliationExpirationOfCapitalLossCarryovers
|
18000 | usd |
CY2021 | sodi |
Income Tax Reconciliation Expiration Of Capital Loss Carryovers
IncomeTaxReconciliationExpirationOfCapitalLossCarryovers
|
1385000 | usd |
CY2022 | us-gaap |
Income Tax Expense Benefit Continuing Operations Adjustment Of Deferred Tax Asset Liability
IncomeTaxExpenseBenefitContinuingOperationsAdjustmentOfDeferredTaxAssetLiability
|
11000 | usd |
CY2021 | us-gaap |
Income Tax Expense Benefit Continuing Operations Adjustment Of Deferred Tax Asset Liability
IncomeTaxExpenseBenefitContinuingOperationsAdjustmentOfDeferredTaxAssetLiability
|
-82000 | usd |
CY2022 | us-gaap |
Foreign Currency Transaction Gain Before Tax
ForeignCurrencyTransactionGainBeforeTax
|
968000 | usd |
CY2021 | us-gaap |
Foreign Currency Transaction Gain Before Tax
ForeignCurrencyTransactionGainBeforeTax
|
32000 | usd |
CY2022 | us-gaap |
Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
|
-251000 | usd |
CY2021 | us-gaap |
Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
|
-489000 | usd |
CY2022 | us-gaap |
Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
|
13 | usd |
CY2021 | us-gaap |
Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
|
-194000 | usd |
CY2022 | sodi |
Permanent Differences And Other
PermanentDifferencesAndOther
|
-3000 | usd |
CY2021 | sodi |
Permanent Differences And Other
PermanentDifferencesAndOther
|
15000 | usd |
CY2021 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
0 | usd |
CY2022 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
0 | usd |
CY2022 | sodi |
Sale Of Shares Of Common Stock
SaleOfSharesOfCommonStock
|
3100000 | shares |
CY2022 | sodi |
Sale Per Share Ofsharesofcommonstock
SalePerShareOfsharesofcommonstock
|
0.50 | |
CY2022 | sodi |
Net Proceeds After Expenses
NetProceedsAfterExpenses
|
1542000 | usd |
CY2022 | sodi |
Purchase Shareofcommonstock
PurchaseShareofcommonstock
|
50000 | shares |
CY2022Q4 | sodi |
Short Term Investment
ShortTermInvestment
|
3951000 | usd |
CY2022Q4 | us-gaap |
Marketable Securities
MarketableSecurities
|
949000 | usd |
CY2021Q4 | sodi |
Short Term Investment
ShortTermInvestment
|
5087000 | usd |
CY2021Q4 | us-gaap |
Marketable Securities
MarketableSecurities
|
1307000 | usd |
CY2021Q4 | us-gaap |
Financial Instruments Owned Corporate Equities At Fair Value
FinancialInstrumentsOwnedCorporateEquitiesAtFairValue
|
3000 | usd |
CY2022 | sodi |
Lease And Option Payments For Properties Solitario Owns
LeaseAndOptionPaymentsForPropertiesSolitarioOwns
|
1274000 | usd |
CY2022Q4 | us-gaap |
Prepaid Rent
PrepaidRent
|
419000 | usd |
CY2021Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
5513000 | shares |
CY2021Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
0.49 | |
CY2020Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
5558000 | shares |
CY2020Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
0.58 | |
CY2022 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
|
2360000 | shares |
CY2022 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
|
0.60 | |
CY2021 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
|
140000 | shares |
CY2021 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
|
0.67 | |
CY2022 | sodi |
Number Of Options Exercised
NumberOfOptionsExercised
|
114250 | shares |
CY2022 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
|
0.26 | |
CY2021 | sodi |
Number Of Options Exercised
NumberOfOptionsExercised
|
185000 | shares |
CY2021 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
|
0.45 | |
CY2022 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpirationsInPeriod
|
2360000 | shares |
CY2022 | sodi |
Weighted Average Exercise Price Expired
WeightedAverageExercisePriceExpired
|
0.77 | |
CY2022 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
|
8750 | shares |
CY2022 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice
|
0.20 | |
CY2022Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
5390000 | shares |
CY2022Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
0.42 | |
CY2022Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingAggregateIntrinsicValue
|
1034000 | usd |
CY2021Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
5513000 | shares |
CY2021Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
0.49 | |
CY2021Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingAggregateIntrinsicValue
|
718000 | usd |
CY2022Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
|
3227500 | shares |
CY2022Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
|
0.34 | |
CY2022Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableAggregateIntrinsicValue
|
899000 | usd |
CY2021Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
|
4718000 | shares |
CY2021Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
|
0.53 | |
CY2021Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableAggregateIntrinsicValue
|
506000 | usd |
CY2021Q4 | us-gaap |
Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
|
618000 | usd |
CY2022 | us-gaap |
Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
|
P31M |