2023 Q3 Form 10-Q Financial Statement

#000121390023065721 Filed on August 10, 2023

View on sec.gov

Income Statement

Concept 2023 Q3 2023 Q2
Revenue $0.00 $0.00
YoY Change
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin $780.0K $1.217M
YoY Change -50.29% -1.86%
% of Gross Profit
Research & Development $530.0K $626.4K
YoY Change -82.36% -57.72%
% of Gross Profit
Depreciation & Amortization $11.01K $11.02K
YoY Change 0.0% 0.0%
% of Gross Profit
Operating Expenses $1.350M $1.880M
YoY Change -70.7% -31.69%
Operating Profit -$1.354M -$1.880M
YoY Change -70.6% -31.69%
Interest Expense $641.3K $631.1K
YoY Change 502.52% -366.48%
% of Operating Profit
Other Income/Expense, Net $2.880M $5.338M
YoY Change -44.64% -217.02%
Pretax Income $860.0K $2.877M
YoY Change 177.72% -138.11%
Income Tax
% Of Pretax Income
Net Earnings $862.1K $2.877M
YoY Change 178.4% -138.11%
Net Earnings / Revenue
Basic Earnings Per Share $0.01 $0.03
Diluted Earnings Per Share $0.01 $0.03
COMMON SHARES
Basic Shares Outstanding 85.96M shares 85.96M shares
Diluted Shares Outstanding 85.93M shares 85.99M shares

Balance Sheet

Concept 2023 Q3 2023 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $1.080M $2.043M
YoY Change -58.84% -59.49%
Cash & Equivalents $1.077M $2.043M
Short-Term Investments
Other Short-Term Assets $170.0K $195.9K
YoY Change 48.51% 104.72%
Inventory
Prepaid Expenses $155.8K $188.9K
Receivables
Other Receivables
Total Short-Term Assets $1.240M $2.239M
YoY Change -54.72% -56.43%
LONG-TERM ASSETS
Property, Plant & Equipment $1.055M $1.066M
YoY Change -4.01% -3.97%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $1.120M $1.116M
YoY Change
Total Long-Term Assets $61.13M $61.14M
YoY Change 2.19% 2.29%
TOTAL ASSETS
Total Short-Term Assets $1.240M $2.239M
Total Long-Term Assets $61.13M $61.14M
Total Assets $62.37M $63.38M
YoY Change -0.31% -2.36%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $1.200M $1.070M
YoY Change -61.31% -11.33%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $24.74M $24.10M
YoY Change 11.3%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $26.05M $25.28M
YoY Change 0.24% 3.95%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00
YoY Change
Other Long-Term Liabilities $3.450M $6.373M
YoY Change -64.09% -56.37%
Total Long-Term Liabilities $3.447M $6.373M
YoY Change -64.12% -56.37%
TOTAL LIABILITIES
Total Short-Term Liabilities $26.05M $25.28M
Total Long-Term Liabilities $3.447M $6.373M
Total Liabilities $29.50M $31.65M
YoY Change -17.13% -18.69%
SHAREHOLDERS EQUITY
Retained Earnings -$30.71M -$31.57M
YoY Change 6.5% 8.33%
Common Stock $8.593K $8.593K
YoY Change 8.5% 8.5%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $32.87M $31.73M
YoY Change
Total Liabilities & Shareholders Equity $62.37M $63.38M
YoY Change -0.31% -2.36%

Cashflow Statement

Concept 2023 Q3 2023 Q2
OPERATING ACTIVITIES
Net Income $862.1K $2.877M
YoY Change 178.4% -138.11%
Depreciation, Depletion And Amortization $11.01K $11.02K
YoY Change 0.0% 0.0%
Cash From Operating Activities -$970.0K -$1.547M
YoY Change -60.63% -9.56%
INVESTING ACTIVITIES
Capital Expenditures $0.00 $0.00
YoY Change -100.0% -100.0%
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities $0.00 $0.00
YoY Change -100.0% -100.0%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 0.000 0.000
YoY Change -100.0% -100.0%
NET CHANGE
Cash From Operating Activities -970.0K -1.547M
Cash From Investing Activities 0.000 0.000
Cash From Financing Activities 0.000 0.000
Net Change In Cash -970.0K -1.547M
YoY Change -59.92% -88.93%
FREE CASH FLOW
Cash From Operating Activities -$970.0K -$1.547M
Capital Expenditures $0.00 $0.00
Free Cash Flow -$970.0K -$1.547M
YoY Change -104.92% -114.26%

Facts In Submission

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DeferredAcquistionLiabilityForPurchaseOfCRReward
0 usd
augg Deferred Acquistion Liability For Purchase Of Cr Reward
DeferredAcquistionLiabilityForPurchaseOfCRReward
22126000 usd
augg Incurrence Of Asset Retirement Obligation
IncurrenceOfAssetRetirementObligation
0 usd
augg Incurrence Of Asset Retirement Obligation
IncurrenceOfAssetRetirementObligation
1100434 usd
augg Purchase Of Cr Reward
PurchaseOfCRReward
0 usd
augg Purchase Of Cr Reward
PurchaseOfCRReward
11516583 usd
augg Warrant Liability From Units Placement
WarrantLiabilityFromUnitsPlacement
1668671 usd
augg Warrant Liability From Units Placement
WarrantLiabilityFromUnitsPlacement
0 usd
CY2023Q2 augg Working Capital Deficiency
WorkingCapitalDeficiency
23000000 usd
CY2023Q2 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
2000000 usd
us-gaap Use Of Estimates
UseOfEstimates
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span><b><span style="text-decoration:underline">Use of Estimates</span></b></span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span>The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. Estimates have been made for share-based compensation, asset retirement obligation, warrant liability and whether acquisitions of Bullfrog Mines and CR Reward constituted an asset acquisitions or business combinations.</span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; "> </p>
CY2023Q2 augg Mineral Property Acquisition
MineralPropertyAcquisition
2814435 usd
CY2022Q2 augg Mineral Property Acquisition
MineralPropertyAcquisition
1868265 usd
us-gaap Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
52822 usd
us-gaap Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
25469 usd
augg Acquisition Of Cr Reward Asset Retirement And Environmental Obligations
AcquisitionOfCRRewardAssetRetirementAndEnvironmentalObligations
-38343 usd
augg Acquisition Of Cr Reward Asset Retirement And Environmental Obligations
AcquisitionOfCRRewardAssetRetirementAndEnvironmentalObligations
-130853 usd
augg Incurrence Of Asset Retirement Obligation
IncurrenceOfAssetRetirementObligation
0 usd
augg Incurrence Of Asset Retirement Obligation
IncurrenceOfAssetRetirementObligation
1100434 usd
augg Change In Estimates
ChangeInEstimates
-68308 usd
augg Change In Estimates
ChangeInEstimates
202079 usd
augg Mineral Properties Net Current
MineralPropertiesNetCurrent
110700 usd
augg Mineral Properties Net Current
MineralPropertiesNetCurrent
989300 usd
augg Mineral Properties Net Long Term
MineralPropertiesNetLongTerm
2649906 usd
augg Mineral Properties Net Long Term
MineralPropertiesNetLongTerm
2076094 usd
augg Life Of Mine
LifeOfMine
2028
augg Life Of Mine
LifeOfMine
2028
augg Discount Rate
DiscountRate
0.04 pure
augg Discount Rate
DiscountRate
0.03 pure
augg Inflation Rate
InflationRate
0.022 pure
augg Inflation Rate
InflationRate
0.026 pure
augg Cash Flows Rate
CashFlowsRate
0.04 pure
CY2022Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
72429628 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
85186643 shares
CY2023Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
2876946 usd
CY2022Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-7549593 usd
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
8322904 usd
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-8970806 usd
CY2023Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
85929753 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
71479686 shares
CY2023Q2 augg Assumed Conversion Of Dilutive Shares
AssumedConversionOfDilutiveShares
58334 shares
CY2022Q2 augg Assumed Conversion Of Dilutive Shares
AssumedConversionOfDilutiveShares
0 shares
augg Assumed Conversion Of Dilutive Shares
AssumedConversionOfDilutiveShares
58334 shares
augg Assumed Conversion Of Dilutive Shares
AssumedConversionOfDilutiveShares
0 shares
CY2023Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
85988087 shares
CY2022Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
72429628 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
85244977 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
71479686 shares
CY2023Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.03
CY2022Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.1
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.1
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.13
CY2023Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.03
CY2022Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.1
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.1
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.13
us-gaap Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
39751617 shares
CY2021Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
12415715 usd
CY2022 us-gaap Property Plant And Equipment Additions
PropertyPlantAndEquipmentAdditions
47723766 usd
CY2022Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
60139481 usd
us-gaap Property Plant And Equipment Additions
PropertyPlantAndEquipmentAdditions
0 usd
CY2023Q2 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
60139481 usd
CY2021Q4 us-gaap Property Plant And Equipment Owned Gross
PropertyPlantAndEquipmentOwnedGross
44689 usd
CY2022Q4 us-gaap Property Plant And Equipment Owned Accumulated Depreciation
PropertyPlantAndEquipmentOwnedAccumulatedDepreciation
44057 usd
CY2022Q4 us-gaap Property Plant And Equipment Owned Gross
PropertyPlantAndEquipmentOwnedGross
88746 usd
CY2023Q2 us-gaap Property Plant And Equipment Owned Accumulated Depreciation
PropertyPlantAndEquipmentOwnedAccumulatedDepreciation
22029 usd
CY2023Q2 us-gaap Property Plant And Equipment Owned Gross
PropertyPlantAndEquipmentOwnedGross
110775 usd
CY2023Q2 us-gaap Derivative Assets Liabilities At Fair Value Net
DerivativeAssetsLiabilitiesAtFairValueNet
60028706 usd
CY2020Q4 us-gaap Common Stock Other Shares Outstanding
CommonStockOtherSharesOutstanding
9100000 shares
CY2020Q4 augg Stock Option Exercise Price Decreases
StockOptionExercisePriceDecreases
1.8
CY2020Q4 augg Royalty Percentage
RoyaltyPercentage
0.02 pure
CY2020Q4 augg Royalty Deed Description
RoyaltyDeedDescription
Pursuant to the Royalty Deed, the Barrick Royalty is reduced to the extent necessary so that royalties burdening any individual parcel or claim included in the Barrick Properties on October 26, 2020, inclusive of the Barrick Royalty, would not exceed 5.5% in the aggregate, provided that the Barrick Royalty in respect of any parcel or claim would not be less than 0.5%, even if the royalties burdening a parcel or claim included in the Barrick Properties would exceed 5.5%.
CY2022Q2 augg Initial Payment Shares Description
InitialPaymentSharesDescription
(a) $12,500,000 in cash paid at the closing; plus (b) the issuance of 7,800,000 shares of Augusta Gold common stock at closing; plus (c) $22,126,000 in cash paid on September 14, 2022 (comprising collectively the “Second Payment” and the “Deferred Payment”).
CY2023Q2 us-gaap Cash Equivalents At Carrying Value
CashEquivalentsAtCarryingValue
1299 usd
CY2023Q2 us-gaap Prepaid Expense Current And Noncurrent
PrepaidExpenseCurrentAndNoncurrent
9658 usd
CY2023Q2 us-gaap Property Plant And Equipment Other Net
PropertyPlantAndEquipmentOtherNet
838992 usd
CY2023Q2 us-gaap Mineral Properties Gross
MineralPropertiesGross
46465056 usd
CY2023Q2 us-gaap Accounts Payable Current And Noncurrent
AccountsPayableCurrentAndNoncurrent
10500 usd
CY2023Q2 us-gaap Asset Retirement Obligation
AssetRetirementObligation
1100434 usd
CY2023Q2 us-gaap Capitalized Costs Mineral Interests In Proved Properties
CapitalizedCostsMineralInterestsInProvedProperties
46204071 usd
CY2023Q2 augg Cash Reclamation Bonds
CashReclamationBonds
1115813 usd
augg Total Coverage Amount
TotalCoverageAmount
3188036 usd
CY2023Q1 us-gaap Partners Capital Account Units Sold In Public Offering
PartnersCapitalAccountUnitsSoldInPublicOffering
6725147 shares
CY2023Q1 us-gaap Sale Of Stock Price Per Share
SaleOfStockPricePerShare
1.71
CY2023Q1 us-gaap Sale Leaseback Transaction Gross Proceeds Investing Activities
SaleLeasebackTransactionGrossProceedsInvestingActivities
11500000 cad
CY2023Q1 us-gaap Debt Conversion Converted Instrument Warrants Or Options Issued1
DebtConversionConvertedInstrumentWarrantsOrOptionsIssued1
3362573 shares
us-gaap Deferred Compensation Arrangement With Individual Cash Awards Granted Percentage
DeferredCompensationArrangementWithIndividualCashAwardsGrantedPercentage
0.05 pure
us-gaap Stock Dividends Shares
StockDividendsShares
336257 shares
CY2023Q2 us-gaap Class Of Warrant Or Right Exercise Price Of Warrants Or Rights1
ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1
1.71
CY2011Q3 augg Shareholder In Percentage
ShareholderInPercentage
0.0499 pure
CY2011Q3 augg Prior Notice In Percentage
PriorNoticeInPercentage
0.0999 pure
CY2012Q4 augg Public Conversion Percentage
PublicConversionPercentage
0.0499 pure
CY2022Q2 augg Outstanding Shares
OutstandingShares
677084 shares
CY2021Q1 augg Common Stock Percenatage
CommonStockPercenatage
0.10 pure
CY2022Q2 us-gaap Additional Collateral Aggregate Fair Value
AdditionalCollateralAggregateFairValue
324816 usd
CY2022Q3 us-gaap Additional Collateral Aggregate Fair Value
AdditionalCollateralAggregateFairValue
99021 usd
CY2022Q3 us-gaap Stock Option Exercise Price Increase
StockOptionExercisePriceIncrease
2
CY2022Q3 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested Number Of Shares
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedNumberOfShares
4541667 shares
CY2022Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
480250 usd
CY2022Q3 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Equity Instruments Other Than Options Aggregate Intrinsic Value Vested
SharebasedCompensationArrangementBySharebasedPaymentAwardEquityInstrumentsOtherThanOptionsAggregateIntrinsicValueVested
188233 usd
CY2022Q3 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Equity Instruments Other Than Options Aggregate Intrinsic Value Nonvested
SharebasedCompensationArrangementBySharebasedPaymentAwardEquityInstrumentsOtherThanOptionsAggregateIntrinsicValueNonvested
292017 usd
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
718123 usd
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
910418 usd
CY2021Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Number Of Shares
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedNumberOfShares
4800002 shares
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
1.55
CY2022 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P4Y4M9D
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
29817 usd
CY2022 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
0 shares
CY2022 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
0
CY2022 augg Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercise Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExerciseWeightedAverageRemainingContractualTerm2
P0Y
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
0 usd
CY2022 augg Stock Issued During Period Shares Stock Options Issued
StockIssuedDuringPeriodSharesStockOptionsIssued
450000 shares
CY2022 augg Share Based Compensation Arrangements By Share Based Payment Award Options Issued In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsIssuedInPeriodWeightedAverageExercisePrice
2.03
CY2022 augg Sharebased Compensation Arrangement By Sharebased Payment Award Options Issued Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsIssuedWeightedAverageRemainingContractualTerm2
P5Y
CY2022 augg Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Issued Date Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodIssuedDateIntrinsicValue
0 usd
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpirationsInPeriod
50000 shares
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice
2
CY2022 augg Sharebased Compensation Arrangement By Sharebased Payment Award Options Canceled Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsCanceledWeightedAverageRemainingContractualTerm2
P0Y
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageIntrinsicValue
0
CY2022Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Number Of Shares
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedNumberOfShares
5200002 shares
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
1.56
CY2022 augg Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm
P3Y5M12D
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
57468 usd
us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
0 shares
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
0
augg Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercise Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExerciseWeightedAverageRemainingContractualTerm2
P0Y
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
0 usd
augg Stock Issued During Period Shares Stock Options Issued
StockIssuedDuringPeriodSharesStockOptionsIssued
0 shares
augg Share Based Compensation Arrangements By Share Based Payment Award Options Issued In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsIssuedInPeriodWeightedAverageExercisePrice
0
augg Sharebased Compensation Arrangement By Sharebased Payment Award Options Issued Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsIssuedWeightedAverageRemainingContractualTerm2
P0Y
augg Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Issued Date Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodIssuedDateIntrinsicValue
0 usd
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpirationsInPeriod
150000 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice
1.53
augg Sharebased Compensation Arrangement By Sharebased Payment Award Options Canceled Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsCanceledWeightedAverageRemainingContractualTerm2
P0Y
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageIntrinsicValue
0
CY2023Q2 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Number Of Shares
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedNumberOfShares
5050002 shares
CY2023Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
1.48
augg Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm
P2Y11M4D
CY2023Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
8400 usd
CY2023Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
3658335 shares
CY2023Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
1.47
us-gaap Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Exercisable Options Weighted Average Remaining Contractual Term2
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeExercisableOptionsWeightedAverageRemainingContractualTerm2
P2Y10M17D
CY2023Q2 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
8400 usd
us-gaap Weighted Average Number Basic Shares Outstanding Adjustment Pro Forma
WeightedAverageNumberBasicSharesOutstandingAdjustmentProForma
34701615 shares
CY2021 augg Warrants Issuedincludes Expired Warrants
WarrantsIssuedincludesExpiredWarrants
36344471 shares
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsOutstandingNumber
31427195 shares
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Exercised
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsExercised
208334 shares
CY2022 augg Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instrumentswarrantsissued
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentswarrantsissued
0 shares
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Expirations
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsExpirations
216076 shares
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsOutstandingNumber
31002785 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Exercised
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsExercised
0 shares
augg Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instrumentswarrantsissued
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentswarrantsissued
3698830 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Expirations
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsExpirations
0 shares
CY2023Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsOutstandingNumber
34701615 shares
augg Relatedpartyoffice
Relatedpartyoffice
52182 usd
CY2020Q4 augg Fair Market Value Of Common Stock
FairMarketValueOfCommonStock
1.26
CY2022Q4 augg Fair Market Value Of Common Stock
FairMarketValueOfCommonStock
1.4
augg Fair Market Value Of Common Stock
FairMarketValueOfCommonStock
0.75
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExercisePrice
1.38
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExercisePrice
1.33
CY2023Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExercisePrice
1.36
CY2020Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P4Y
CY2022Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P1Y9M18D
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P1Y3M18D
CY2020Q4 augg Financial Instruments Volatility Range
FinancialInstrumentsVolatilityRange
0.684 pure
CY2022Q4 augg Financial Instruments Volatility Range
FinancialInstrumentsVolatilityRange
1.015 pure
augg Financial Instruments Volatility Range
FinancialInstrumentsVolatilityRange
0.846 pure
CY2020Q4 augg Financila Instruments Riskfree Rate
FinancilaInstrumentsRiskfreeRate
0.0018 pure
CY2022Q4 augg Financila Instruments Riskfree Rate
FinancilaInstrumentsRiskfreeRate
0.0441 pure
augg Financila Instruments Riskfree Rate
FinancilaInstrumentsRiskfreeRate
0.054 pure
augg Warrant Liability
WarrantLiability
41536 usd
CY2022Q3 us-gaap Other Investments
OtherInvestments
22232561 usd
CY2023Q2 us-gaap Derivative Fixed Interest Rate
DerivativeFixedInterestRate
0.03 pure
us-gaap Property Management Fee Percent Fee
PropertyManagementFeePercentFee
0.005 pure
us-gaap Principal Transactions Revenue
PrincipalTransactionsRevenue
22232561 usd
CY2023Q2 us-gaap Other Deferred Costs Net
OtherDeferredCostsNet
3152 usd
CY2023Q2 us-gaap Deposit Liabilities Accrued Interest
DepositLiabilitiesAccruedInterest
1865403 usd
CY2023Q2 us-gaap Loans Payable
LoansPayable
24101116 usd
us-gaap Salaries Wages And Officers Compensation
SalariesWagesAndOfficersCompensation
228542 usd
us-gaap Salaries Wages And Officers Compensation
SalariesWagesAndOfficersCompensation
221418 usd
augg Relatedpartyoffice
Relatedpartyoffice
35278 usd
us-gaap Disposal Group Including Discontinued Operation Operating Expense
DisposalGroupIncludingDiscontinuedOperationOperatingExpense
51523 usd
us-gaap Disposal Group Including Discontinued Operation Operating Expense
DisposalGroupIncludingDiscontinuedOperationOperatingExpense
7920 usd
augg Total Related Party Costs1
TotalRelatedPartyCosts1
332247 usd
augg Total Related Party Costs1
TotalRelatedPartyCosts1
299340 usd
us-gaap Payments For Rent
PaymentsForRent
183000 usd
CY2023Q2 augg Operating Leases Future Minimum Payment Due In Two Years
OperatingLeasesFutureMinimumPaymentDueInTwoYears
95557 usd
CY2023Q2 augg Operating Leases Future Minimum Payment Due In Three Years
OperatingLeasesFutureMinimumPaymentDueInThreeYears
87594 usd
CY2023Q2 augg Operating Leases Future Minimum Payment Due
OperatingLeasesFutureMinimumPaymentDue
183151 usd
augg Share Based Payments Expense To Related Parties
ShareBasedPaymentsExpenseToRelatedParties
718123 usd
augg Share Based Payments Expense To Related Parties
ShareBasedPaymentsExpenseToRelatedParties
910418 usd
CY2023Q2 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
39900 usd
CY2023Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
22400 usd
CY2023Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
2400 usd
CY2023Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
2400 usd
CY2023Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
2400 usd
CY2023Q2 augg Lessee Operating Lease Liability Payments Due Year Six
LesseeOperatingLeaseLiabilityPaymentsDueYearSix
2400 usd
CY2023Q2 augg Lessee Operating Lease Liability Payments Due Year Seven
LesseeOperatingLeaseLiabilityPaymentsDueYearSeven
2400 usd
CY2023Q2 augg Lessee Operating Lease Liability Payments Due Year Eight
LesseeOperatingLeaseLiabilityPaymentsDueYearEight
2400 usd
CY2017Q3 us-gaap Lessee Operating Lease Remaining Lease Term
LesseeOperatingLeaseRemainingLeaseTerm
P30Y
CY2017Q3 augg Number Of Patented Mining
NumberOfPatentedMining
24 pure
CY2017Q3 us-gaap Investment Interest Rate
InvestmentInterestRate
1 pure
CY2023Q2 us-gaap Other Commitment
OtherCommitment
50000 usd
us-gaap Liability For Unpaid Claims And Claims Adjustment Expense Incurred Claims1
LiabilityForUnpaidClaimsAndClaimsAdjustmentExpenseIncurredClaims1
500000 usd
us-gaap Operating Lease Payments
OperatingLeasePayments
132000 usd
augg Leases Future Minimum Payments Due In Four Years
LeasesFutureMinimumPaymentsDueInFourYears
21000 usd
augg Leases Future Minimum Payments Due In Five Years
LeasesFutureMinimumPaymentsDueInFiveYears
25000 usd
augg Leases Future Minimum Payments Due In Five Years One
LeasesFutureMinimumPaymentsDueInFiveYearsOne
30000 usd
augg Leases Future Minimum Payments Due In Five Years Two
LeasesFutureMinimumPaymentsDueInFiveYearsTwo
40000 usd
augg Leases Future Minimum Payments Due In Five Years Three
LeasesFutureMinimumPaymentsDueInFiveYearsThree
45000 usd
CY2023Q4 augg Purchase Rights
PurchaseRights
1 pure
CY2023Q4 us-gaap Area Of Land
AreaOfLand
156 sqm
us-gaap Public Utilities Property Plant And Equipment Interest Rate On Intermediary Debt For Electric Utility Plant Construction
PublicUtilitiesPropertyPlantAndEquipmentInterestRateOnIntermediaryDebtForElectricUtilityPlantConstruction
1 pure
CY2022 us-gaap Repayments Of Debt
RepaymentsOfDebt
160000 usd
augg Remaining Payment
RemainingPayment
30000 usd
CY2020Q4 augg Option Agreement Description
OptionAgreementDescription
Bullfrog Mines entered into a mining option agreement with Abitibi Royalties (USA) Inc. (“Abitibi”) granting Bullfrog Mines the option (the “Abitibi Option”) to acquire forty-three unpatented lode mining claims to the south of the Bullfrog deposit. The Abitibi Option was amended on December 9, 2022, to extend the exercise deadline and to increase the last payment amount required to exercise the option. Bullfrog Mines made an initial payment to Abitibi of C$25,000 and exercised the Abitibi Option in full on January 30, 2023, by:   ● Paying to Abitibi C$50,000 in cash before December 9, 2021;   ● Paying to Abitibi C$78,750 in cash before January 30, 2023; and   ● Granting to Abitibi a 2% net smelter royalty on the claims subject to the Abitibi Option on January 30, 2023, of which Bullfrog Mines has the option to purchase 0.5% for C$500,000 on or before December 9, 2030.
dei Amendment Flag
AmendmentFlag
false
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q2
dei Entity Central Index Key
EntityCentralIndexKey
0001448597

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