Are there any significant changes in NioCorp's financial statements that could be causing the stock price drop?

Yes, there are significant changes in NioCorp's financial statements that could be causing the stock price drop. Here are the key points from the financial statements:

The financial statements show that NioCorp has a negative net income of $5.38 million for the most recent quarter. This negative income, along with a decline in revenue and an increase in net loss, could be causing concern among investors and leading to a drop in stock price. Additionally, the company's net income has been negative for the past two quarters, which may further contribute to the negative sentiment surrounding the stock.