RARE ELEMENT RESOURCES LTD.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
(Expressed in thousands of U.S. Dollars, except share and per share amounts, unless otherwise noted)
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13. QUARTERLY FINANCIAL INFORMATION (UNAUDITED)
Summarized quarterly results for the years ended December 31, 2014 and 2013, the six-month period ended December
31, 2012 and for the fiscal year ended June 30, 2012 are as follows (in thousands, except per share amounts):
For the year ended December 31, 2014
4th Quarter 3rd Quarter 2nd Quarter
1st Quarter
Total revenue
$ - $ - $ - $ -
Net loss
$ (2,937) $ (3,601) $ (3,060) $ (4,431)
Basic and diluted loss per share
$ (0.06) $ (0.08) $ (0.06) $ (0.09)
For the year ended December 31, 2013
4th Quarter 3rd Quarter 2nd Quarter
1st Quarter
Total revenue
$ - $ - $ - $ -
Net loss
$ (5,739) $ (6,855) $ (5,257) $ (4,395)
Basic and diluted loss per share
$ (0.12) $ (0.15) $ (0.12) $ (0.10)
For the six-month period ended December 31, 2012
2nd Quarter
1st Quarter
Total revenue
$ - $ -
Net loss
$ (9,572) $ (5,858)
Basic and diluted loss per share
$ (0.22) $ (0.13)
For the fiscal year ended June 30, 2012
4th Quarter 3rd Quarter 2nd Quarter
1st Quarter
Total revenue
$ - $ - $ - $ -
Net loss
$ (8,616) $ (5,317) $ (10,127) $ (10,934)
Basic and diluted loss per share
$ (0.19) $ (0.12) $ (0.23) $ (0.25)
