ADDED
uec20250731_10k.htm 0001334933 URANIUM ENERGY CORP false --07-31 FY 2025 We have developed and maintained policies, procedures and controls that seek to mitigate material risks from cybersecurity threats, and assess and disclose information to investors concerning material cybersecurity incidents.
true true true false Our Board of Directors recognizes the importance of information security and mitigating cybersecurity and other data security threats and risks as part of our efforts to protect and maintain the confidentiality and security of our employees, service providers, consultants and business associates, as well as non-public information about our Company.
Although our Board of Directors has ultimate responsibility with respect to risk management oversight, the Audit Committee of our Board of Directors is charged with and bears primary responsibility for, among other matters, overseeing risks specific to the identification and mitigation of cybersecurity risks.
Our Board of Directors recognizes the importance of information security and mitigating cybersecurity and other data security threats and risks as part of our efforts to protect and maintain the confidentiality and security of our employees, service providers, consultants and business associates, as well as non-public information about our Company.
Although our Board of Directors has ultimate responsibility with respect to risk management oversight, the Audit Committee of our Board of Directors is charged with and bears primary responsibility for, among other matters, overseeing risks specific to the identification and mitigation of cybersecurity risks.
Our Board of Directors recognizes the importance of information security and mitigating cybersecurity and other data security threats and risks as part of our efforts to protect and maintain the confidentiality and security of our employees, service providers, consultants and business associates, as well as non-public information about our Company.
Although our Board of Directors has ultimate responsibility with respect to risk management oversight, the Audit Committee of our Board of Directors is charged with and bears primary responsibility for, among other matters, overseeing risks specific to the identification and mitigation of cybersecurity risks.
Our Board of Directors recognizes the importance of information security and mitigating cybersecurity and other data security threats and risks as part of our efforts to protect and maintain the confidentiality and security of our employees, service providers, consultants and business associates, as well as non-public information about our Company.
Although our Board of Directors has ultimate responsibility with respect to risk management oversight, the Audit Committee of our Board of Directors is charged with and bears primary responsibility for, among other matters, overseeing risks specific to the identification and mitigation of cybersecurity risks.
Our Board of Directors recognizes the importance of information security and mitigating cybersecurity and other data security threats and risks as part of our efforts to protect and maintain the confidentiality and security of our employees, service providers, consultants and business associates, as well as non-public information about our Company.
REMOVED
uec20240731_10k.htm 0001334933 URANIUM ENERGY CORP false --07-31 FY 2024 false false false false 0.001 0.001 750,000,000 750,000,000 410,355,768 410,355,768 378,452,864 378,452,864 0.43 17,805,815 3.60 1,183 1,550 73 192 0 1 1 1 0.18 6,388 6,388 1 1 3 6 12 0 3 3 3 33.33 33.33 0.91 0.99 1.00 1.99 2.00 2.99 3.00 3.99 4.00 4.99 5.00 5.99 6.00 6.99 7.00 7.63 3 33.33 4 Other non-current assets included certain material and supply inventories classified as non-current and ROU assets associated with U1A s operating leases.
The fair value of long-term inventory was determined to approximate its carrying value.
ROU assets and lease liabilities for operating leases are measured based on the present value of the future lease payments over the remaining lease terms at the acquisition date.
The working capital adjustment represents the working capital of U1A at the date of the U1A Acquisition, which was comprised of: (i) cash and cash equivalents of $1,183; (ii) prepaid expenses and deposits of $1,550; (iii) other current assets of $73; (iv) inventories of $192; and (v) accounts payable and accrued liabilities of $96.
The fair value of these working capital items approximates their respective carrying values at the date of the acquisition.
The fair value of mineral rights and properties was determined using the discounted cash flow model (being the net present value of expected future cash flows).
Expected future cash flows are based on estimates of future uranium prices, production based on current estimates of recoverable mineral resources, future operating costs and capital expenditures and the discount rate.
The Company s estimates of recoverable mineral resources are based on information prepared by qualified persons (management s specialists).
The fair value of property, plant and equipment was determined using a replacement cost approach.
The fair value of asset retirement obligations was measured based on the expected costs and timing for final well closure, plant and equipment decommissioning and removal, and environmental remediation, which are discounted to present value using credit adjusted risk-free rates.