$NB

NioCorp (NASDAQ:NB) reported preliminary unaudited financial results for the three and six-month periods ending December 31, 2025, highlighting a record cash balance of $307 million and an award of up to $10 million from the U.S. Department of Defense for its Elk Creek Critical Minerals Project. Despite positive project advancements and significant funding, the company posted a six-month net loss of $43.4 million, driven partly by non-cash earnout and warrant revaluations. NioCorp is actively progressing on its Elk Creek project with an infill drilling campaign, acquisition of scandium alloy manufacturing assets, and land purchases, while also entering agreements with the DoD and Lockheed Martin for scandium technologies.