Revenue: As of FY2025 Q3, the actual value is USD 0.EPS: As of FY2025 Q3, the actual value is USD 0.EBIT: As of FY2025 Q3, the actual value is USD 626 K.<h3>Operational Metrics</h3><ul><li>Net Income (Loss): For the three months ended September 30, 2025, Rare Element Resources Ltd. reported a net income of $1,106, compared to a net loss of $4,734 for the same period in 2024. For the nine months ended September 30, 2025, the net loss was $2,469, compared to $14,539 in 2024.</li><li>Exploration and Evaluation Expenses: Decreased by $7,949 for the three months and $13,978 for the nine months ended September 30, 2025, compared to the same periods in 2024, due to a shift from equipment acquisition to less expensive plant rework and equipment upgrades.</li><li>Corporate Administration Costs: Remained relatively constant at $578 for the three months and $1,896 for the nine months ended September 30, 2025.</li></ul><h3>Cash Flow</h3><ul><li>Net Cash Used in Operating Activities: $4,857 for the nine months ended September 30, 2025, compared to $9,177 for the same period in 2024, primarily due to decreased exploration and evaluation expenditures.</li><li>Net Cash Used in Investing Activities: $157 for the nine months ended September 30, 2025, primarily for the purchase of equipment.</li><li>Net Cash Provided by Financing Activities: No financing activities in 2025, compared to $35,286 in 2024 from the rights offering.</li></ul><h3>Future Outlook and Strategy</h3><ul><li>Core Business Focus: Rare Element Resources Ltd. plans to commence plant operations in the first quarter of 2026, with ongoing costs expected to be approximately $1,500 per month during 2026. The company is also exploring options for additional funding to support a full 12-month operation period and advance other technology initiatives.</li><li>Non-Core Business: The Sundance Gold Project remains on hold, but the company may explore options to advance or monetize this asset due to the recent rise in gold prices.</li><li>Funding Needs: The company will require additional funding in 2026 to support operations and advance the Bear Lodge REE Project, with potential sources including off-take agreements, joint ventures, government grants, and loans.</li></ul>

Rare Element Resources Ltd. | 10-Q: FY2025 Q3 Revenue: USD 0