HYMC · 10-Q · 2026Q1 · Full report
Outstanding Indebtedness
HYCROFT MINING HOLDING CORP · 2026-04-28 · Importance 72 · Surprise 100
Interest expense was $nil for the three months ended March 31, 2026, compared to $3.4 million in the same period of 2025, due to the Company extinguishing all debt in the fourth quarter of 2025. The Company references Note 11 – Debt, net for additional details on the extinguishment. Prior to repayment, the Company’s debt agreements included customary covenants; as of the filing the Company currently has no debt-related covenants. The extinguishment materially reduced recurring interest costs and removed debt covenant constraints on corporate flexibility.
Key facts
- Interest expense was $nil for the three months ended March 31, 2026 compared to $3.387 million for the same period in 2025 due to the Company extinguishing all debt in the fourth quarter of 2025.
- The Company extinguished all debt in the fourth quarter of 2025.
- Prior to repayment of debt on October 15, 2025 the Company’s debt agreements contained customary covenants; as of March 31, 2026 the Company currently has no debt-related covenants.
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| net_income | positive | realized | — | Interest expense was $nil for the three months ended March 31, 2026 compared to $3.387 million for the same period in 2025 due to the… |
| liability | positive | realized | — | The Company extinguished all debt in the fourth quarter of 2025. |