06:31 AM EDT, 03/27/2026 (MT Newswires) -- Global Atomic ( GLATF ) late Thursday reported that it swung to a net loss in the full year 2025.

Net loss came in at C$22.9 million, or a loss of $0.07 per share, swinging from a net income of $7.7 million, or $0.04 per share.

Revenues amounted to $1.1 million, up from $859,341 in the year-ago quarter.

The company's cash balance as of Dec. 31, 2025, was $13.1 million.

Global Atomic ( GLATF ) President and chief executive Stephen Roman noted that development at the Dasa uranium project advanced significantly in 2025, with underground mine development and surface infrastructure considerable de-risked.