NioCorp Releases Preliminary Financial Results for Q3 2025

NioCorp Developments Ltd. has announced its preliminary unaudited financial results for the quarter ending September 30, 2025. The company reported a record cash balance of $162.8 million but also a net loss of $42.7 million, reflecting a significant increase from the $2.1 million net loss in the same period in 2024. Adjusted for certain non-cash items, the net loss was $8.3 million, up from $1.4 million in the previous year.

The widened loss primarily stems from non-cash accounting adjustments related to liability management, including earnout shares and warrants, influenced by share price fluctuations. Investment expenditures of $6.8 million in the Elk Creek Project in Nebraska were noted, alongside land acquisitions to further project development.

NioCorp successfully executed three equity offerings, raising a total of $155 million. The company plans to file detailed financial statements by November 14, 2025.