U
ENERGY FUELS INC
UUUUCIK 0001385849NYSELarge AcceleratedMining & Quarrying Of Nonmetallic Minerals (No Fuels)A6CAFY ends Dec 31
Period
FY 2025
Revenue
$65.92M
Net Income
$-85.63M
Total Assets
$1.41B
Equity
$678.40M
Shares Out
249.87M
Op. Cash Flow
$-89.48M
Business
Energy Fuels Inc. is a critical minerals producer engaged in uranium extraction, rare earth element separation, and heavy mineral sands development. The company operates the White Mesa Mill in Utah, the only licensed U.S. uranium mill capable of producing separated REEs, along with conventional and in-situ recovery uranium mines and international HMS projects. Energy Fuels sells uranium concentrate to nuclear utilities and produces separated REE oxides.
Summary from 10-K filed 2026-02-26
Financials
Consolidated Statement of Income
Year Ended · In millions, except per-share amounts
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Revenues (Note 18) | 66 | 78 | 38 | 13 | — | |
| Costs applicable to revenues | 52 | 56 | 18 | 8 | 2 | |
| Exploration, development and processing | 39 | 14 | 16 | — | — | |
| Standby | 8 | 7 | 7 | 13 | 9 | |
| Accretion of asset retirement obligations | 3 | 2 | 1 | 2 | 1 | |
| Selling, general and administration | 65 | 37 | 28 | 25 | 15 | |
| Transactions and integration related costs | 0 | 10 | 0 | 0 | — | |
| Total operating costs and expenses | 167 | 126 | 70 | 57 | — | |
| Operating loss | −101 | −48 | −32 | −45 | −35 | |
| Gain on sale of assets | 5 | 74,000 | 119 | 366,000 | 36 | |
| Loss in unconsolidated affiliates | −1 | −175,000 | 0 | 0 | — | |
| Other income (loss) (Note 15) | 10 | −597,000 | 13 | −15 | 1 | |
| Total other income (loss) | 14 | −698,000 | 132 | −15 | 37 | |
| Income (loss) before income taxes | −87 | −48 | 100 | −60 | 1 | |
| Income tax benefit (expense) | 980,000 | 370,000 | −280,000 | 0 | 0 | |
| Net income (loss) | −86 | −48 | 100 | −60 | — | |
| Net loss attributable to non-controlling interest | −477,000 | −76,000 | −106,000 | −95,000 | −93,000 | |
| Net income (loss) attributable to Energy Fuels Inc. | −86 | −48 | 100 | −60 | 1 | |
| Basic Net (loss) income per share (in dollars per share) | −0.38 | −0.28 | 0.63 | −0.38 | 0.01 | |
| Diluted Net (loss) income per share (in dollars per share) | −0.38 | −0.28 | 0.62 | −0.38 | 0.01 | |
| Foreign currency translation adjustment | 3 | −4 | 0 | −4 | −365,000 | |
| Total other comprehensive income (loss) | 3 | −4 | 0 | −4 | −365,000 | |
| Total comprehensive income (loss) attributable to Energy Fuels Inc. | −83 | −52 | 100 | −64 | 1 | |
| Total comprehensive loss attributable to non-controlling interest | −477,000 | −76,000 | −106,000 | −95,000 | −93,000 | |
| Total comprehensive income (loss) attributable to Energy Fuels Inc. | −82 | −52 | 100 | −64 | 1 |
Consolidated Balance Sheet
As of · In millions, except per-share amounts
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalent | 65 | 39 | 57 | 63 | 113 | |
| Debt Securities, Trading, and Equity Securities, FV-NI | 797 | 81 | 133 | 12 | 494,000 | |
| Receivables, Net, Current | 18 | 38 | 816,000 | 519,000 | 4 | |
| Inventory, Current | 73 | 67 | 39 | 38 | 31 | |
| Prepaid Expense, Current | 5 | 6 | 3 | 10 | 2 | |
| Assets, Current, Total | 959 | 230 | 233 | 136 | 149 | |
| Mineral Properties, Net | 312 | 278 | 120 | 84 | 84 | |
| Property, Plant and Equipment, Net | 70 | 55 | 26 | 13 | 22 | |
| Investments | 28 | 16 | 1 | 19 | 39 | |
| Secured Demand Notes | 10 | 0 | — | — | — | |
| Finite-Lived Intangible Assets, Net | 4 | 5 | 0 | — | — | |
| Restricted Cash and Cash Equivalent, Noncurrent | 22 | 20 | 18 | 17 | 20 | |
| Other Assets, Noncurrent | 7 | 8 | 3 | — | — | |
| Assets, Total | 1,412 | 612 | 402 | 274 | 315 | |
| Accounts Payable and Accrued Liabilities, Current | 25 | 32 | 10 | 7 | 6 | |
| Asset Retirement Obligation, Current | 788,000 | 25 | 0 | — | 27,000 | |
| Asset Acquisition, Contingent Consideration, Liability, Current | 2 | 2 | 0 | — | — | |
| Other Liabilities, Current | 4 | 693,000 | 199,000 | — | — | |
| Liabilities, Current, Total | 31 | 59 | 10 | 19 | 6 | |
| Convertible senior notes, net (Notes 10 and 17) | 676 | 0 | — | — | — | |
| Asset Retirement Obligations, Noncurrent | 21 | 20 | 11 | 10 | 14 | |
| Other Liabilities, Noncurrent | 954,000 | 1 | 1 | — | — | |
| Liabilities, Total | 729 | 80 | 23 | 30 | 20 | |
| Common Stock, Value, Issued | 1,171 | 938 | 733 | 698 | 686 | |
| Retained Earnings (Accumulated Deficit) | −490 | −404 | −356 | −456 | −396 | |
| Accumulated Other Comprehensive Income (Loss), Net of Tax | −3 | −6 | −2 | −2 | 2 | |
| Equity, Attributable to Parent, Total | 678 | 528 | 375 | 240 | 292 | |
| Equity, Attributable to Noncontrolling Interest | 4 | 4 | 4 | 4 | 4 | |
| Equity, Including Portion Attributable to Noncontrolling Interest, Total | 683 | 532 | 379 | 244 | 296 | |
| Liabilities and Equity, Total | 1,412 | 612 | 402 | 274 | 315 | |
| Commitments and Contingencies | — | — | — | — | — |
Consolidated Statement of Cash Flows
Year Ended · In millions, except per-share amounts
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Depreciation, Depletion and Amortization | 5 | 3 | 3 | 3 | 3 | |
| Share-Based Payment Arrangement, Noncash Expense | 13 | 5 | 5 | 5 | 2 | |
| Noncash Project Abandonment Costs | 2 | 0 | 0 | — | — | |
| Debt Securities, FV-NI, Gain (Loss) | 0 | 0 | −1 | 0 | 0 | |
| Payments for Environmental Liabilities | −25 | −3 | 0 | 0 | — | |
| Unrealized Gain (Loss), Foreign Currency Transaction, before Tax | 2 | −223,000 | −431,000 | −2 | 129,000 | |
| Unrealized Gain (Loss) on Investments | 0 | 0 | −15 | 17 | −6 | |
| Realized Investment Gains (Losses) | 0 | 0 | 10 | 0 | 0 | |
| Realized gain on marketable securities | −2 | −2 | −1 | 0 | — | |
| Miscellaneous non-cash income (expenses) | 923,000 | 71,000 | 84,000 | −93,000 | −156,000 | |
| Increase (Decrease) in Debt Securities, Trading, and Equity Securities, FV-NI | −8 | 9 | 530,000 | 456,000 | −795,000 | |
| Increase (Decrease) in Inventories | −771,000 | 13 | −100,000 | −9 | −3 | |
| Increase (Decrease) in Accounts and Other Receivables | 20 | −17 | −237,000 | 2 | −1 | |
| Increase (Decrease) in Prepaid Expense | −1 | −3 | 423,000 | −9 | −257,000 | |
| Increase (Decrease) in Accounts Payable and Accrued Liabilities | −8 | −3 | 3 | 2 | 2 | |
| Net Cash Provided by (Used in) Operating Activities, Total | −89 | −44 | −15 | −50 | −29 | |
| Payments to Acquire Property, Plant, and Equipment | −19 | −22 | −15 | −2 | −1 | |
| Purchase Of Mineral Properties | −33 | −7 | −29 | 0 | 0 | |
| Payments to Acquire Intangible Assets | 0 | −2 | 0 | 0 | — | |
| Payments to Acquire Marketable Securities | −960 | −237 | −175 | −11 | 0 | |
| Proceeds from Sale and Maturity of Marketable Securities | 243 | 283 | 79 | 0 | 3 | |
| Purchase Of Investments, Without A Readily Determinable Fair Value | −15 | −11 | −1 | 0 | 0 | |
| Disposal On Non-Core Assets, Investing Activities | 5 | 74,000 | 57 | 366,000 | 2 | |
| Payment for Contingent Consideration Liability, Investing Activities | 0 | −17 | 0 | 0 | — | |
| Proceeds from Sale and Collection of Notes Receivable | 0 | 0 | 61 | 0 | 0 | |
| Net Cash Provided by (Used in) Investing Activities, Total | −778 | −13 | −24 | −7 | 3 | |
| Proceeds from Issuance of Senior Long-Term Debt | 700 | 0 | 0 | — | — | |
| Payments of Debt Issuance Costs | −25 | 0 | 0 | — | — | |
| Proceeds From Issuance Of Common Stock And Warrants | 272 | 17 | 32 | 8 | 106 | |
| Payment, Tax Withholding, Share-Based Payment Arrangement | −1 | −837,000 | −918,000 | −884,000 | −538,000 | |
| Proceeds from Stock Options Exercised | 2 | 357,000 | 970,000 | 753,000 | 2 | |
| Payment, Tax Withholding, Share-Based Payment Arrangement, Due Upon Exercise Of Award | −50,000 | −552,000 | −2 | −11,000 | −256,000 | |
| Capped calls | −54 | 0 | 0 | — | — | |
| Proceeds from Noncontrolling Interests | 759,000 | 0 | 83,000 | 126,000 | 310,000 | |
| Net Cash Provided by (Used in) Financing Activities, Total | 895 | 16 | 30 | 8 | 118 | |
| Effect of Exchange Rate on Cash, Cash Equivalent, Restricted Cash, and Restricted Cash Equivalent, Continuing Operation | 1 | −2 | 12,000 | −66,000 | 5,000 | |
| Cash Acquired from Acquisition | 0 | 27 | 0 | 0 | — | |
| Release Of Restricted Cash | 0 | 0 | 4 | 0 | 0 | |
| Cash, Cash Equivalents, Restricted Cash, and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect, Total | 29 | −16 | −5 | −53 | 92 | |
| Income Taxes Paid, Net | 100,000 | 2 | 0 | 0 | — | |
| Interest Paid, Including Capitalized Interest, Operating and Investing Activities | 213,000 | 200,000 | 186,000 | 25,000 | 54,000 | |
| Increase (Decrease) In Capital Expenditures Incurred But Not Yet Paid | 2 | 146,000 | 701,000 | −161,000 | 182,000 | |
| Noncash or Part Noncash Acquisition, Noncash Financial or Equity Instrument Consideration, Shares Issued | 0 | 178 | 0 | 0 | — | |
| Noncash Or Part Noncash, Shares Issued For Joint Venture Interests | 0 | 4 | 0 | 0 | — | |
| Noncash Or Part Noncash, Shares Issued For Acquisition Of Intangible Assets | 0 | 2 | 0 | 0 | — | |
| Noncash Or Part Noncash, Contingent Consideration For Acquisition Of Intangible Assets | 0 | 2 | 0 | 0 | — | |
| Noncash Acquisition Of Convertible Note | 0 | 0 | 59 | 0 | 0 |
Filings
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Frequently asked questions
What is ENERGY FUELS INC's CIK number?
ENERGY FUELS INC's SEC CIK number is 0001385849 (1385849). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.
Where can I find ENERGY FUELS INC's SEC filings?
All of ENERGY FUELS INC's EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.