$CTGO
Contango ORE, Inc.

2013 Q4 Form 10-Q Financial Statement

#000150237713000016 Filed on November 14, 2013

View on sec.gov

Income Statement

Concept 2013 Q4 2013 Q3 2012 Q3
Revenue $0.00 $0.00 $0.00
YoY Change
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin $620.0K $650.0K $500.0K
YoY Change -11.43% 30.0% 108.33%
% of Gross Profit
Research & Development $990.0K $5.530M $3.740M
YoY Change 115.22% 47.86% 163.38%
% of Gross Profit
Depreciation & Amortization
YoY Change
% of Gross Profit
Operating Expenses $1.610M $6.180M $4.240M
YoY Change 38.79% 45.75% 156.97%
Operating Profit
YoY Change
Interest Expense
YoY Change
% of Operating Profit
Other Income/Expense, Net $0.00 $0.00
YoY Change
Pretax Income -$1.610M -$6.180M -$4.240M
YoY Change 38.79% 45.75% 156.97%
Income Tax $0.00 $0.00 $0.00
% Of Pretax Income
Net Earnings -$1.614M -$6.179M -$4.237M
YoY Change 38.92% 45.84% 156.75%
Net Earnings / Revenue
Basic Earnings Per Share -$0.43 -$1.65 -$1.71
Diluted Earnings Per Share -$0.43 -$1.65 -$1.71
COMMON SHARES
Basic Shares Outstanding 3.750M shares 3.750M shares 2.480M shares
Diluted Shares Outstanding 2.480M shares

Balance Sheet

Concept 2013 Q4 2013 Q3 2012 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $4.380M $9.320M $3.170M
YoY Change 186.27% 194.01% 188.18%
Cash & Equivalents $4.380M $9.325M $3.170M
Short-Term Investments
Other Short-Term Assets $150.0K $170.0K $30.00K
YoY Change 66.67% 466.67% -80.0%
Inventory
Prepaid Expenses $149.7K $28.44K
Receivables
Other Receivables
Total Short-Term Assets $4.530M $9.493M $3.198M
YoY Change 178.74% 196.8% 155.87%
LONG-TERM ASSETS
Property, Plant & Equipment $1.210M $1.210M $1.010M
YoY Change 0.0% 19.8% 0.0%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $225.0K $225.0K $225.0K
YoY Change 0.0% 0.0% -2.17%
Total Long-Term Assets $1.434M $1.434M $1.234M
YoY Change 0.0% 16.21% -0.49%
TOTAL ASSETS
Total Short-Term Assets $4.530M $9.493M $3.198M
Total Long-Term Assets $1.434M $1.434M $1.234M
Total Assets $5.964M $10.93M $4.432M
YoY Change 94.96% 146.52% 78.0%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $144.3K $3.966M $756.3K
YoY Change 10.33% 424.31% -29.97%
Accrued Expenses $4.032K $4.898K $275.9K
YoY Change -83.87% -98.22% 589.78%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $148.3K $3.970M $1.032M
YoY Change -4.79% 284.64% -7.83%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities $0.00 $0.00 $0.00
YoY Change
TOTAL LIABILITIES
Total Short-Term Liabilities $148.3K $3.970M $1.032M
Total Long-Term Liabilities $0.00 $0.00 $0.00
Total Liabilities $150.0K $3.970M $1.030M
YoY Change -6.25% 285.44% -8.04%
SHAREHOLDERS EQUITY
Retained Earnings -$26.04M -$24.43M -$12.45M
YoY Change 91.28% 96.16%
Common Stock $31.86M $31.38M $15.85M
YoY Change 92.86% 97.97%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $5.815M $6.956M $3.400M
YoY Change
Total Liabilities & Shareholders Equity $5.964M $10.93M $4.432M
YoY Change 94.96% 146.52% 78.0%

Cashflow Statement

Concept 2013 Q4 2013 Q3 2012 Q3
OPERATING ACTIVITIES
Net Income -$1.614M -$6.179M -$4.237M
YoY Change 38.92% 45.84% 156.75%
Depreciation, Depletion And Amortization
YoY Change
Cash From Operating Activities -$5.050M -$3.603M -$4.595M
YoY Change 253.15% -21.59% 301.88%
INVESTING ACTIVITIES
Capital Expenditures $0.00 $0.00 $0.00
YoY Change -100.0% -100.0%
Acquisitions
YoY Change
Other Investing Activities $100.0K -$100.0K
YoY Change
Cash From Investing Activities $100.0K -$100.0K $0.00
YoY Change -150.0% -100.0%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $0.00 $0.00
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 0.000 $0.00 $0.00
YoY Change
NET CHANGE
Cash From Operating Activities -5.050M -$3.603M -$4.595M
Cash From Investing Activities 100.0K -$100.0K $0.00
Cash From Financing Activities 0.000 $0.00 $0.00
Net Change In Cash -4.950M -$3.703M -$4.595M
YoY Change 203.68% -19.41% 255.28%
FREE CASH FLOW
Cash From Operating Activities -$5.050M -$3.603M -$4.595M
Capital Expenditures $0.00 $0.00 $0.00
Free Cash Flow -$5.050M -$3.603M -$4.595M
YoY Change 310.57% -21.59% 362.57%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
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CostsOfUnprovedPropertiesExcludedFromAmortizationMiningPropertiesPeriodCost
5592190 USD
ctgo Costs Of Unproved Properties Excluded From Amortization Mining Properties Period Cost
CostsOfUnprovedPropertiesExcludedFromAmortizationMiningPropertiesPeriodCost
22362112 USD
CY2012Q3 ctgo Costs Of Unproved Properties Excluded From Amortization Mining Properties Period Cost
CostsOfUnprovedPropertiesExcludedFromAmortizationMiningPropertiesPeriodCost
3807616 USD
CY2011Q3 ctgo Decrease In Royalty Rates
DecreaseInRoyaltyRates
0.0050
CY2011Q2 ctgo Decrease In Royalty Rates
DecreaseInRoyaltyRates
0.0025
CY2013Q3 ctgo Deposit On Advance Minimum Royalty
DepositOnAdvanceMinimumRoyalty
40000 USD
CY2013Q3 ctgo Exploration Costs And Claim Rentals Mining Properties Period Cost
ExplorationCostsAndClaimRentalsMiningPropertiesPeriodCost
5592190 USD
CY2013Q3 ctgo Options And Warrants Outstanding
OptionsAndWarrantsOutstanding
1692666 shares
CY2011Q2 ctgo Payment By Leasor To Reduce Royalty Rate
PaymentByLeasorToReduceRoyaltyRate
75000 USD
CY2011Q3 ctgo Payment By Leasor To Reduce Royalty Rate
PaymentByLeasorToReduceRoyaltyRate
150000 USD
CY2012Q4 ctgo Payment By Lessee To Remove Acreage Renewal Restriction
PaymentByLesseeToRemoveAcreageRenewalRestriction
200000 USD
CY2012Q4 ctgo Percentage Of Acreage Available For Renewal
PercentageOfAcreageAvailableForRenewal
0.50
CY2013Q3 ctgo Percentage Of Acreage Available For Renewal
PercentageOfAcreageAvailableForRenewal
0.50
CY2012Q4 ctgo Rate Of Rights Distribution
RateOfRightsDistribution
1
ctgo Share Based Compensation Expense
ShareBasedCompensationExpense
1642325 USD
CY2012Q3 ctgo Share Based Compensation Expense
ShareBasedCompensationExpense
226162 USD
CY2013Q3 ctgo Share Based Compensation Expense
ShareBasedCompensationExpense
252592 USD
CY2012Q3 ctgo Unpatented Mining Claims
UnpatentedMiningClaims
223
CY2013Q2 ctgo Unpatented Mining Claims
UnpatentedMiningClaims
155
CY2013Q1 ctgo Unpatented Mining Claims
UnpatentedMiningClaims
96
CY2013Q3 dei Amendment Flag
AmendmentFlag
false
CY2013Q3 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--06-30
CY2013Q3 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q1
CY2013Q3 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2014
CY2013Q3 dei Document Period End Date
DocumentPeriodEndDate
2013-09-30
CY2013Q3 dei Document Type
DocumentType
10-Q
CY2013Q3 dei Entity Central Index Key
EntityCentralIndexKey
0001502377
CY2013Q4 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
3750394 shares
CY2013Q3 dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
CY2013Q3 dei Entity Filer Category
EntityFilerCategory
Smaller Reporting Company
CY2013Q3 dei Entity Registrant Name
EntityRegistrantName
Contango ORE, Inc.
CY2013Q3 dei Entity Voluntary Filers
EntityVoluntaryFilers
No
CY2013Q3 dei Entity Well Known Seasoned Issuer
EntityWellKnownSeasonedIssuer
No

Files In Submission

Name View Source Status
0001502377-13-000016-index-headers.html Edgar Link pending
0001502377-13-000016-index.html Edgar Link pending
0001502377-13-000016.txt Edgar Link pending
0001502377-13-000016-xbrl.zip Edgar Link pending
corepromissorynote.htm Edgar Link pending
corestockcertificate.htm Edgar Link pending
corestockcertificate.jpg Edgar Link pending
ctgo-20130930.xml Edgar Link completed
ctgo-20130930.xsd Edgar Link pending
ctgo-20130930x10q.htm Edgar Link pending
ctgo-20130930_cal.xml Edgar Link unprocessable
ctgo-20130930_def.xml Edgar Link unprocessable
ctgo-20130930_lab.xml Edgar Link unprocessable
ctgo-20130930_pre.xml Edgar Link unprocessable
ctgo-2013930x10kxex311.htm Edgar Link pending
ctgo-2013930x10qxex312.htm Edgar Link pending
ctgo-2013930x10qxex321.htm Edgar Link pending
ctgo-2013930x10qxex322.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xls Edgar Link pending
Financial_Report.xlsx Edgar Link pending
promnote1.jpg Edgar Link pending
promnote2.jpg Edgar Link pending
R1.htm Edgar Link pending
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report.css Edgar Link pending
Show.js Edgar Link pending