United States Antimony Corporation Reports First Quarter 2026 Financial and Operating Results

About this update from United States Antimony Corporation

Received $12.8 Million in Department of War ("DoW") Grant Milestones for Thompson Falls ExpansionFirst Two Delivery Notices under the $245 MM Defense Logistics Agency ("DLA") Contract CompletedQ1 2026 Revenues of $6.8 Million; Net Loss of $11.3 Million, or $(0.08) per Diluted SharePost-Quarter Equity Issuances Generated $48.6 Million in Gross ProceedsReiterates Full-Year 2026 Gross Revenue Guidance of $125 Million"The Critical Minerals and ZEO Company"~ Antimony, Cobalt, Gold, Tungsten, and Zeolite ~DALLAS, TX / ACCESS Newswire / May 14, 2026 / United States Antimony Corporation ("USAC," "US Antimony Corporation," or the "Company") (NYSE:UAMY)(NYSE Texas:UAMY), a leading producer and processor of antimony, zeolite, and other critical minerals, and the only fully integrated antimony company in the world outside of China and Russia, today reported its financial and operating results for the first quarter ended March 31, 2026.First Quarter 2026 HighlightsRevenues of $6.8 million, compared to $7.0 million in Q1 2025Gross profit of $1.1 million (16% gross margin), compared to $2.4 million (34% gross margin) in Q1 2025Operating loss of $7.5 million, compared to operating income of $0.4 million in Q1 2025Net loss of $11.3 million, including $9.3 million of net non-cash items, compared to net income of $0.6 million in Q1 2025Achieved $12.8 million (out of $27 Million) in Department of War ("DoW") grant milestones at the Thompson Falls expansion project, recognized as a grant receivable with a corresponding reduction to construction in progress (PP&E)Acquired the Radersburg flotation mill in Montana for $4.8 million, further advancing the Company's vertical integration strategyCash and cash equivalents, including held-to-maturity U.S. Treasury securities of $23.7 million at quarter-end; Subsequent to quarter-end, the Company raised approximately $48.6 million of gross proceeds through the issuance of approximately 4.2 million shares of common stock at an average price of $11.57 per share. Total liquidity, pro forma for the post March 31, 2026 stock issuances is $108.7 million, including cash, U.S. Treasury securities and our Larvotto Resources Limited (ASX: LRV) marketable securities discussed subsequently in this release.Reiterating full-year 2026 gross revenue guidance of $125 millionStrategic OverviewDuring the first quarter of 2026, the Company continued t...

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