URANIUM ENERGY CORP Revenue Disclosure
| NOTE 17: | SALES AND SERVICE REVENUE AND COST OF SALES AND SERVICES |
The table below provides a breakdown of sales and service revenue and cost of sales and service revenue:
| Year Ended July 31, | ||||||||||||
| 2025 | 2024 | 2023 | ||||||||||
| Sales of purchased uranium inventory | $ | 66,837 | $ | - | $ | 163,950 | ||||||
| Revenue from toll processing services | - | 224 | 439 | |||||||||
| Total sales and service revenue | $ | 66,837 | $ | 224 | $ | 164,389 | ||||||
| Cost of purchased uranium inventory | $ | (42,360 | ) | $ | - | $ | (114,353 | ) | ||||
| Cost of toll processing services | - | (187 | ) | (366 | ) | |||||||
| Total cost of sales and services | $ | (42,360 | ) | $ | (187 | ) | $ | (114,719 | ) | |||
The table below provides a breakdown of major customers:
| Year Ended July 31, | ||||||||
| 2025 | 2024 | |||||||
| Customer A | 50 | % | 0 | % | ||||
| Customer B | 24 | % | 0 | % | ||||
| Customer C | 14 | % | 0 | % | ||||
| Customer D | 12 | % | 0 | % | ||||
| Customer E | 0 | % | 100 | % | ||||
| 100 | % | 100 | % | |||||
Historical Timeline
| Fiscal Year | Filed | |
|---|---|---|
| 2025 | Sep 24, 2025 | Showing above |
| 2024 | Sep 27, 2024 | |
| 2023 | Sep 29, 2023 | |
| 2022 | Sep 29, 2022 | |
About Revenue Disclosures
Revenue disclosures under ASC 606 explain how a company identifies performance obligations, allocates transaction prices, and determines when revenue is recognized. This section is essential for understanding whether reported revenue reflects genuine economic activity or aggressive accounting choices. Analysts examine the mix of point-in-time versus over-time recognition, which directly affects revenue timing and comparability.
Key signals: rising contract liabilities (deferred revenue) suggest strong future revenue visibility, while declining contract assets may indicate slowing project milestones. Watch for variable consideration estimates — rebates, returns, and performance bonuses that require management judgment. Significant changes in disaggregated revenue by geography or product line can reveal shifting business mix before it appears in headline numbers. Compare revenue growth against contract liability growth to assess sustainability, and scrutinize any changes in the timing of recognition that coincide with earnings pressure.