---
schema_version: "secwatch.filing_event.v1"
accession: "0001539497-25-002689"
form_type: "8-K"
ticker: "NB"
cik: "0001512228"
company_name: "NIOCORP DEVELOPMENTS LTD"
filed_at: "2025-10-14T23:59:59+00:00"
generated_at: "2026-05-17T03:53:13.154088+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# NioCorp reports preliminary Q1 net loss of $42.7M; record cash $162.8M after $155M equity raise

## Summary
- Net loss $42.7M ($0.53/share) vs $2.1M ($0.05/share) YoY; adjusted net loss $8.3M ($0.07/share) vs $1.4M ($0.03/share) YoY.
- Record cash balance $162.8M as of Sep 30, 2025; completed three equity offerings for total gross proceeds ~$155M.
- Non-cash losses of $32.1M from earnout shares/warrants due to stock price increase; $6.8M spent on drilling and feasibility study.
- Acquired 407 acres for Elk Creek Project; entitled to up to $10M DoD reimbursement upon milestone achievements.

## SEC filing metadata
- accession: 0001539497-25-002689
- form_type: 8-K
- ticker: NB
- cik: 0001512228
- company_name: NIOCORP DEVELOPMENTS LTD
- filed_at: 2025-10-14T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1512228/000153949725002689/0001539497-25-002689-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1512228/000153949725002689/n2574_x294-8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001539497-25-002689
- JSON: https://secwatch.observer/filing/0001539497-25-002689.json
- Plain text: https://secwatch.observer/filing/0001539497-25-002689.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.