CONDENSED CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY - USD ($) $ in Thousands	Common Stock	Additional Paid in Capital	Accumulated Deficit	Total
Beginning balance, shares at Dec. 31, 2023	212,968,451
Beginning balance at Dec. 31, 2023	$ 136,937	$ 29,140	$ (157,640)	$ 8,437
2024 Rights Offering, shares	298,106,831
2024 Rights Offering, amount	$ 35,286			$ 35,286
Stock option exercises, shares	36,275			50,000
Stock-based compensation		(46)		$ (46)
Net loss			(9,805)	(9,805)
Ending balance, shares at Jun. 30, 2024	511,111,557
Ending balance at Jun. 30, 2024	$ 172,223	29,094	(167,445)	33,872
Beginning balance, shares at Mar. 31, 2024	511,111,557
Beginning balance at Mar. 31, 2024	$ 172,223	29,158	(161,266)	40,115
Stock-based compensation		(64)		(64)
Net loss			(6,179)	(6,179)
Ending balance, shares at Jun. 30, 2024	511,111,557
Ending balance at Jun. 30, 2024	$ 172,223	29,094	(167,445)	33,872
Beginning balance, shares at Dec. 31, 2024	516,111,557
Beginning balance at Dec. 31, 2024	$ 174,173	29,102	(176,091)	$ 27,184
Stock option exercises, shares	23,155			400,000
Stock-based compensation		4		$ 4
Net loss			(3,575)	(3,575)
Ending balance, shares at Jun. 30, 2025	516,134,712
Ending balance at Jun. 30, 2025	$ 174,173	29,106	(179,666)	23,613
Beginning balance, shares at Mar. 31, 2025	516,134,712
Beginning balance at Mar. 31, 2025	$ 174,173	29,106	(178,486)	24,793
Net loss			(1,180)	(1,180)
Ending balance, shares at Jun. 30, 2025	516,134,712
Ending balance at Jun. 30, 2025	$ 174,173	$ 29,106	$ (179,666)	$ 23,613

The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.

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+ Details

- Definition

Equity impact of the value of new stock issued during the period. Includes shares issued in an initial public offering or a secondary public offering.

+ References + Details

- Definition

Amount of equity (deficit) attributable to parent. Excludes temporary equity and equity attributable to noncontrolling interest.

+ References

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+ Details

RARE ELEMENT RESOURCES LTD 10-Q