HYCROFT MINING HOLDING CORPORATION C/WTS 06/10/2025(TO PUR COM) | 10-Q: FY2025 Q1 EPS: USD -0.47

EPS: As of FY2025 Q1, the actual value is USD -0.47.

Segment Revenue

• Hycroft Mine Segment: Operating costs for the Hycroft Mine were $5.4 million for the three months ended March 31, 2025, compared to $6.2 million for the same period in 2024.

Operational Metrics

• Net Loss: The company reported a net loss of $11.8 million for the three months ended March 31, 2025, compared to a net loss of $20.7 million for the same period in 2024.
• Operating Expenses: Total operating expenses decreased from $11.9 million in 2024 to $9.2 million in 2025.
• Interest Expense: Interest expense decreased significantly from $10.1 million in 2024 to $3.4 million in 2025, primarily due to reduced amortization costs.

Cash Flow

• Net Cash Used in Operating Activities: The company used $9.7 million in operating activities for the three months ended March 31, 2025, compared to $11.7 million in 2024.
• Net Cash Provided by Financing Activities: Financing activities provided net cash of $0.2 million in 2025, primarily from the issuance of common stock.

Unique Metrics

• Asset Retirement Obligation: Adjustments and accretion expense decreased from $2.2 million in 2024 to $0.3 million in 2025.

Future Outlook and Strategy

• Core Business Focus: The company plans to advance exploration targeting high-grade opportunities and complete technical studies and data analyses. Subject to funding, plans include assessing high-grade underground mining scenarios and expanding high-grade silver mineralization.
• Non-Core Business: The company aims to strengthen its balance sheet by reducing debt and raising cash through sales of non-core assets and equity.