$CTGO
Contango ORE, Inc. Stock $ctgo

$ctgo Overview Financials Valuation SEC Filings Company Website

2016 Form 10-K Financial Statement

#000150237716000031 Filed on August 25, 2016

Income Statement

Concept	2016	2015 Q2	2015
Revenue	$0.00	$0.00	$0.00
YoY Change
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin	$1.220M	$280.0K	$2.561M
YoY Change	-52.35%	-39.13%	16.39%
% of Gross Profit
Research & Development	$0.00	$10.00K	$363.5K
YoY Change	-100.0%	-96.15%	-94.81%
% of Gross Profit
Depreciation & Amortization
YoY Change
% of Gross Profit
Operating Expenses	$1.220M	$290.0K	$2.924M
YoY Change	-58.27%	-60.27%	-68.22%
Operating Profit
YoY Change
Interest Expense	$0.00	-$1.270M	-$1.434M
YoY Change	-100.0%		0.27%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income	-$1.220M	-$1.560M	-$3.608M
YoY Change	-66.18%	113.7%	-60.78%
Income Tax	$0.00	$0.00	$0.00
% Of Pretax Income
Net Earnings	-$1.220M	-$1.560M	-$3.608M
YoY Change	-66.18%	113.7%	-60.78%
Net Earnings / Revenue
Basic Earnings Per Share
Diluted Earnings Per Share	-$310.6K	-$402.1K	-$938.9K
COMMON SHARES
Basic Shares Outstanding		3.876M shares
Diluted Shares Outstanding

Balance Sheet

Concept	2016	2015 Q2	2015
SHORT-TERM ASSETS
Cash & Short-Term Investments	$1.254M	$1.950M	$1.947M
YoY Change	-35.57%	-43.48%	-43.56%
Cash & Equivalents		$1.947M
Short-Term Investments
Other Short-Term Assets	$58.17K	$70.00K	$67.38K
YoY Change	-13.67%	-30.0%	-32.62%
Inventory
Prepaid Expenses		$67.38K
Receivables
Other Receivables
Total Short-Term Assets	$1.313M	$2.014M	$2.014M
YoY Change	-34.84%	-43.21%	-43.26%
LONG-TERM ASSETS
Property, Plant & Equipment		$0.00	$0.00
YoY Change		-100.0%	-100.0%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$0.00	$0.00	$0.00
YoY Change
Other Assets		$0.00	$0.00
YoY Change		-100.0%	-100.0%
Total Long-Term Assets	$0.00	$0.00	$0.00
YoY Change		-100.0%	-100.0%
TOTAL ASSETS
Total Short-Term Assets	$1.313M	$2.014M	$2.014M
Total Long-Term Assets	$0.00	$0.00	$0.00
Total Assets	$1.313M	$2.014M	$2.014M
YoY Change	-34.84%	-59.56%	-59.55%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$20.85K	$24.88K	$24.88K
YoY Change	-16.2%	-82.25%	-82.23%
Accrued Expenses	$92.88K	$78.10K	$78.10K
YoY Change	18.92%	67.97%	56.2%
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	$113.7K	$103.0K	$103.0K
YoY Change	10.45%	-44.82%	-45.8%
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	$113.7K	$103.0K	$103.0K
Total Long-Term Liabilities	$0.00	$0.00	$0.00
Total Liabilities	$113.7K	$100.0K	$103.0K
YoY Change	10.45%	-47.37%	-45.8%
SHAREHOLDERS EQUITY
Retained Earnings		-$31.06M
YoY Change		13.14%
Common Stock		$32.97M
YoY Change		2.25%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$1.199M	$1.911M	$1.911M
YoY Change
Total Liabilities & Shareholders Equity	$1.313M	$2.014M	$2.014M
YoY Change	-34.84%	-59.56%	-59.55%

Cashflow Statement

Concept	2016	2015 Q2	2015
OPERATING ACTIVITIES
Net Income	-$1.220M	-$1.560M	-$3.608M
YoY Change	-66.18%	113.7%	-60.78%
Depreciation, Depletion And Amortization
YoY Change
Cash From Operating Activities	-$692.6K	-$110.0K	-$1.501M
YoY Change	-53.87%	-77.55%	-84.33%
INVESTING ACTIVITIES
Capital Expenditures		$0.00	$0.00
YoY Change
Acquisitions
YoY Change
Other Investing Activities		$0.00	$0.00
YoY Change
Cash From Investing Activities		$0.00	$0.00
YoY Change
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	5.080M	0.000	$0.00
YoY Change
NET CHANGE
Cash From Operating Activities	-$692.6K	-110.0K	-$1.501M
Cash From Investing Activities		0.000	$0.00
Cash From Financing Activities	5.080M	0.000	$0.00
Net Change In Cash	-$692.6K	-110.0K	-$1.501M
YoY Change	-53.87%	-77.55%	-84.33%
FREE CASH FLOW
Cash From Operating Activities	-$692.6K	-$110.0K	-$1.501M
Capital Expenditures		$0.00	$0.00
Free Cash Flow		-$110.0K	-$1.501M
YoY Change		-77.55%	-84.33%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2015Q1	ctgo	Additionaleconomicinterestsellable ADDITIONALECONOMICINTERESTSELLABLE	0.20
CY2015	ctgo	Acquisition Costs Mining Properties Period Cost AcquisitionCostsMiningPropertiesPeriodCost	0	USD
CY2016	ctgo	Acquisition Costs Mining Properties Period Cost AcquisitionCostsMiningPropertiesPeriodCost	0	USD
CY2012Q3	ctgo	Acreageof Unpatented Mining Claims Alaska AcreageofUnpatentedMiningClaimsAlaska	71896	acre
CY2015Q2	ctgo	Contangospercentageofinterestin Joint Venture Company ContangospercentageofinterestinJointVentureCompany	1.00
CY2016Q2	ctgo	Contangospercentageofinterestin Joint Venture Company ContangospercentageofinterestinJointVentureCompany	0.89
CY2015	ctgo	Costs Of Unproved Properties Excluded From Amortization Mining Properties Period Cost CostsOfUnprovedPropertiesExcludedFromAmortizationMiningPropertiesPeriodCost	492600	USD
CY2016	ctgo	Costs Of Unproved Properties Excluded From Amortization Mining Properties Period Cost CostsOfUnprovedPropertiesExcludedFromAmortizationMiningPropertiesPeriodCost	14425	USD
CY2015	ctgo	Deferred Stateand Local Tax Netof Valuation Allowance DeferredStateandLocalTaxNetofValuationAllowance	0	USD
CY2016	ctgo	Deferred Stateand Local Tax Netof Valuation Allowance DeferredStateandLocalTaxNetofValuationAllowance	0	USD
CY2015Q2	ctgo	Deferred Tax Assets Capitalized Exploration DeferredTaxAssetsCapitalizedExploration	8490624	USD
CY2016Q2	ctgo	Deferred Tax Assets Capitalized Exploration DeferredTaxAssetsCapitalizedExploration	8699117	USD
CY2015	ctgo	Expensereimbursement Expensereimbursement	750000	USD
CY2016	ctgo	Expensereimbursement Expensereimbursement		USD
CY2015	ctgo	Exploration Costs And Claim Rentals Mining Properties Period Cost ExplorationCostsAndClaimRentalsMiningPropertiesPeriodCost	492600	USD
CY2016	ctgo	Exploration Costs And Claim Rentals Mining Properties Period Cost ExplorationCostsAndClaimRentalsMiningPropertiesPeriodCost	14425	USD
	ctgo	Explorationexpenseofequitymethodinvestment Explorationexpenseofequitymethodinvestment	1818318	USD
	ctgo	Explorationexpenseofequitymethodinvestment Explorationexpenseofequitymethodinvestment	9531859	USD
CY2016	ctgo	Explorationexpenseofequitymethodinvestment Explorationexpenseofequitymethodinvestment	7713541	USD
	ctgo	Generaland Administrative Expenseof Equity Method Investment GeneralandAdministrativeExpenseofEquityMethodInvestment	484964	USD
	ctgo	Generaland Administrative Expenseof Equity Method Investment GeneralandAdministrativeExpenseofEquityMethodInvestment	1802399	USD
CY2016	ctgo	Generaland Administrative Expenseof Equity Method Investment GeneralandAdministrativeExpenseofEquityMethodInvestment	1317435	USD
	ctgo	Investmentby Joint Venture Partner InvestmentbyJointVenturePartner	10700000	USD
CY2016	ctgo	Investmentby Joint Venture Partner InvestmentbyJointVenturePartner	5650000	USD
CY2015Q1	ctgo	Jointadventureeconomicinterest Jointadventureeconomicinterest	0.40
CY2015Q1	ctgo	Jointadventureinterestretainedinthe Company JointadventureinterestretainedintheCompany	0.60
CY2015Q1	ctgo	Jointadventureinvestment Jointadventureinvestment	45700000	USD
CY2015Q2	ctgo	Options And Warrants Outstanding OptionsAndWarrantsOutstanding	1675999	shares
CY2012Q4	ctgo	Rate Of Rights Distribution RateOfRightsDistribution	1
CY2015Q1	ctgo	Restrictedstockissuedshares Restrictedstockissuedshares	10000	shares
CY2015Q1	ctgo	Restrictedstockissuedshares Directors RestrictedstockissuedsharesDIRECTORS	30000	shares
CY2016Q2	ctgo	Royal Alaska Joint Venture Percentage RoyalAlaskaJointVenturePercentage	0.110	Rate
CY2015Q1	ctgo	Royal Goldaggregateamountofinvestment RoyalGoldaggregateamountofinvestment	30000000	USD
CY2015Q1	ctgo	Royal Goldinitialinvestment RoyalGoldinitialinvestment	5000000	USD
	ctgo	Royalgoldjointventure Royalgoldjointventure	30000000	USD
CY2015	ctgo	Share Based Compensation Expense ShareBasedCompensationExpense	483080	USD
CY2016	ctgo	Share Based Compensation Expense ShareBasedCompensationExpense	507684	USD
	ctgo	Suspended Losses SuspendedLosses	900000	USD
	ctgo	Suspended Losses SuspendedLosses	9500000	USD
	ctgo	Total Expensesof Equity Method Investment TotalExpensesofEquityMethodInvestment	2303282	USD
	ctgo	Total Expensesof Equity Method Investment TotalExpensesofEquityMethodInvestment	11334258	USD
CY2016	ctgo	Total Expensesof Equity Method Investment TotalExpensesofEquityMethodInvestment	9030976	USD
CY2016	dei	Amendment Flag AmendmentFlag	false
CY2015Q1	ctgo	Contango Joint Venture Percentage ContangoJointVenturePercentage	1.00
CY2016	ctgo	Numberofsharespreferentialrightwillallowholdertopurchase Numberofsharespreferentialrightwillallowholdertopurchase	1/100
CY2015Q1	ctgo	Royal Goldpercentageofinterest RoyalGoldpercentageofinterest	0.00
CY2015Q1	ctgo	Royalgoldadditionalinvestment Royalgoldadditionalinvestment	750000	USD
CY2016	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--06-30
CY2016	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q4
CY2016	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2016
CY2012Q4	us-gaap	Class Of Warrant Or Right Exercise Price Of Warrants Or Rights1 ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1	80
CY2016	dei	Document Period End Date DocumentPeriodEndDate	2016-06-30
CY2016	dei	Document Type DocumentType	10-K
CY2016	dei	Entity Central Index Key EntityCentralIndexKey	0001502377
CY2016Q3	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	3958540	shares
CY2016	dei	Entity Current Reporting Status EntityCurrentReportingStatus	Yes
CY2016	dei	Entity Filer Category EntityFilerCategory	Smaller Reporting Company
CY2015Q4	dei	Entity Public Float EntityPublicFloat	12539877	USD
CY2016	dei	Entity Registrant Name EntityRegistrantName	Contango ORE, Inc.
CY2016	dei	Entity Voluntary Filers EntityVoluntaryFilers	No
CY2016	dei	Entity Well Known Seasoned Issuer EntityWellKnownSeasonedIssuer	No
CY2015Q2	us-gaap	Accounts Payable Current AccountsPayableCurrent	24876	USD
CY2016Q2	us-gaap	Accounts Payable Current AccountsPayableCurrent	20854	USD
CY2015Q2	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	78104	USD
CY2016Q2	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	92884	USD
CY2015Q2	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	32928038	USD
CY2016Q2	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	33434899	USD
CY2015	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation And Exercise Of Stock Options AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationAndExerciseOfStockOptions	-707	USD
CY2015	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	724743	USD
CY2015	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	724743	USD
CY2016	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	507684	USD
CY2015Q2	us-gaap	Assets Assets	2014430	USD
CY2016Q2	us-gaap	Assets Assets	1312654	USD
CY2015Q2	us-gaap	Assets Current AssetsCurrent	2014430	USD
CY2016Q2	us-gaap	Assets Current AssetsCurrent	1312654	USD
CY2015	us-gaap	Carrying Costs Property And Exploration Rights CarryingCostsPropertyAndExplorationRights	129139	USD
CY2016	us-gaap	Carrying Costs Property And Exploration Rights CarryingCostsPropertyAndExplorationRights	14425	USD
CY2014Q2	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	3448501	USD
CY2015Q2	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	1947046	USD
CY2016Q2	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	1254489	USD
CY2015	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	-1501455	USD
CY2016	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	-692557	USD
CY2015Q2	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		USD
CY2016Q2	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		USD
CY2015Q2	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
CY2016Q2	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
CY2015Q2	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	30000000	shares
CY2016Q2	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	30000000	shares
CY2015Q2	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	3876206	shares
CY2016Q2	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	3958540	shares
CY2015Q2	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	3876206	shares
CY2016Q2	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	3958540	shares
CY2015Q2	us-gaap	Common Stock Value CommonStockValue	38762	USD
CY2016Q2	us-gaap	Common Stock Value CommonStockValue	39585	USD
CY2015	us-gaap	Costs And Expenses CostsAndExpenses	2174067	USD
CY2016	us-gaap	Costs And Expenses CostsAndExpenses	1220218	USD
	us-gaap	Equity Method Investment Summarized Financial Information Net Income Loss EquityMethodInvestmentSummarizedFinancialInformationNetIncomeLoss	2303282	USD
CY2015	us-gaap	Current Federal Tax Expense Benefit CurrentFederalTaxExpenseBenefit	0	USD
CY2016	us-gaap	Current Federal Tax Expense Benefit CurrentFederalTaxExpenseBenefit	0	USD
CY2015	us-gaap	Current State And Local Tax Expense Benefit CurrentStateAndLocalTaxExpenseBenefit	0	USD
CY2016	us-gaap	Current State And Local Tax Expense Benefit CurrentStateAndLocalTaxExpenseBenefit	0	USD
CY2015	us-gaap	Deferred Federal Income Tax Expense Benefit DeferredFederalIncomeTaxExpenseBenefit	0	USD
CY2016	us-gaap	Deferred Federal Income Tax Expense Benefit DeferredFederalIncomeTaxExpenseBenefit	0	USD
CY2015	us-gaap	Deferred State And Local Income Tax Expense Benefit DeferredStateAndLocalIncomeTaxExpenseBenefit	-220170	USD
CY2016	us-gaap	Deferred State And Local Income Tax Expense Benefit DeferredStateAndLocalIncomeTaxExpenseBenefit	-62241	USD
CY2015Q2	us-gaap	Deferred Tax Assets Net DeferredTaxAssetsNet	0	USD
CY2016Q2	us-gaap	Deferred Tax Assets Net DeferredTaxAssetsNet	0	USD
CY2015Q2	us-gaap	Deferred Tax Assets Operating Loss Carryforwards DeferredTaxAssetsOperatingLossCarryforwards	1773857	USD
CY2016Q2	us-gaap	Deferred Tax Assets Operating Loss Carryforwards DeferredTaxAssetsOperatingLossCarryforwards	1960389	USD
CY2015Q2	us-gaap	Deferred Tax Assets State Taxes DeferredTaxAssetsStateTaxes	1880745	USD
CY2016Q2	us-gaap	Deferred Tax Assets State Taxes DeferredTaxAssetsStateTaxes	1942992	USD
CY2015Q2	us-gaap	Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost	509015	USD
CY2016Q2	us-gaap	Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost	470561	USD
CY2015Q2	us-gaap	Deferred Tax Assets Valuation Allowance DeferredTaxAssetsValuationAllowance	12654241	USD
CY2016Q2	us-gaap	Deferred Tax Assets Valuation Allowance DeferredTaxAssetsValuationAllowance	13073059	USD
CY2015	us-gaap	Earnings Per Share Basic And Diluted EarningsPerShareBasicAndDiluted	-0.94
CY2016	us-gaap	Earnings Per Share Basic And Diluted EarningsPerShareBasicAndDiluted	-0.31
CY2016Q2	us-gaap	Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Stock Options EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedStockOptions	0	USD
CY2015Q2	us-gaap	Equity Method Investment Summarized Financial Information Assets EquityMethodInvestmentSummarizedFinancialInformationAssets	6191080	USD
CY2015Q3	us-gaap	Equity Method Investment Summarized Financial Information Assets EquityMethodInvestmentSummarizedFinancialInformationAssets	2424584	USD
CY2015Q2	us-gaap	Equity Method Investment Summarized Financial Information Current Assets EquityMethodInvestmentSummarizedFinancialInformationCurrentAssets	4757194	USD
CY2015Q3	us-gaap	Equity Method Investment Summarized Financial Information Current Assets EquityMethodInvestmentSummarizedFinancialInformationCurrentAssets	990698	USD
CY2015Q2	us-gaap	Equity Method Investment Summarized Financial Information Current Liabilities EquityMethodInvestmentSummarizedFinancialInformationCurrentLiabilities	2060476	USD
CY2015Q3	us-gaap	Equity Method Investment Summarized Financial Information Current Liabilities EquityMethodInvestmentSummarizedFinancialInformationCurrentLiabilities	1674956	USD
CY2015Q2	us-gaap	Equity Method Investment Summarized Financial Information Equity EquityMethodInvestmentSummarizedFinancialInformationEquity	4130604	USD
CY2015Q3	us-gaap	Equity Method Investment Summarized Financial Information Equity EquityMethodInvestmentSummarizedFinancialInformationEquity	749628	USD
CY2015Q2	us-gaap	Equity Method Investment Summarized Financial Information Liabilities EquityMethodInvestmentSummarizedFinancialInformationLiabilities	2060476	USD
CY2015Q3	us-gaap	Equity Method Investment Summarized Financial Information Liabilities EquityMethodInvestmentSummarizedFinancialInformationLiabilities	1674956	USD
CY2015Q2	us-gaap	Equity Method Investment Summarized Financial Information Liabilities And Equity EquityMethodInvestmentSummarizedFinancialInformationLiabilitiesAndEquity	6191080	USD
CY2015Q3	us-gaap	Equity Method Investment Summarized Financial Information Liabilities And Equity EquityMethodInvestmentSummarizedFinancialInformationLiabilitiesAndEquity	2424584	USD
	us-gaap	Equity Method Investment Summarized Financial Information Net Income Loss EquityMethodInvestmentSummarizedFinancialInformationNetIncomeLoss	11334258	USD
CY2016	us-gaap	Equity Method Investment Summarized Financial Information Net Income Loss EquityMethodInvestmentSummarizedFinancialInformationNetIncomeLoss	9030976	USD
CY2015Q2	us-gaap	Equity Method Investment Summarized Financial Information Noncurrent Assets EquityMethodInvestmentSummarizedFinancialInformationNoncurrentAssets	1433886	USD
CY2015Q3	us-gaap	Equity Method Investment Summarized Financial Information Noncurrent Assets EquityMethodInvestmentSummarizedFinancialInformationNoncurrentAssets	1433886	USD
CY2014Q2	us-gaap	Equity Method Investments EquityMethodInvestments	0	USD
CY2015Q2	us-gaap	Equity Method Investments EquityMethodInvestments	0	USD
CY2016Q2	us-gaap	Equity Method Investments EquityMethodInvestments	0	USD
CY2015	us-gaap	Exploration Expense Mining ExplorationExpenseMining	363461	USD
CY2016	us-gaap	Exploration Expense Mining ExplorationExpenseMining	0	USD
CY2015	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	1948387	USD
CY2016	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	698109	USD
	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	2300000	USD
	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	10900000	USD
CY2015	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	-1433886	USD
CY2015	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-1501455	USD
CY2015	us-gaap	Income Tax Reconciliation Other Adjustments IncomeTaxReconciliationOtherAdjustments	0	USD
CY2016	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-692557	USD
CY2015	us-gaap	Net Income Loss NetIncomeLoss	-3607953	USD
CY2016	us-gaap	Net Income Loss NetIncomeLoss	-1220218	USD
CY2017	us-gaap	Operating Leases Rent Expense Net OperatingLeasesRentExpenseNet	55200	USD
CY2016	us-gaap	Operating Leases Rent Expense Net OperatingLeasesRentExpenseNet	13800	USD
CY2016Q2	us-gaap	Operating Loss Carryforwards OperatingLossCarryforwards	5600000	USD
CY2016	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	0	USD
CY2015	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	0	USD
CY2016	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	0	USD
CY2015	us-gaap	Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance	1481373	USD
CY2016	us-gaap	Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance	400000	USD
CY2015	us-gaap	Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate	-1262783	USD
CY2016	us-gaap	Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate	-427076	USD
CY2015	us-gaap	Income Tax Reconciliation Nondeductible Expense IncomeTaxReconciliationNondeductibleExpense	1580	USD
CY2016	us-gaap	Income Tax Reconciliation Nondeductible Expense IncomeTaxReconciliationNondeductibleExpense	70540	USD
CY2016	us-gaap	Income Tax Reconciliation Other Adjustments IncomeTaxReconciliationOtherAdjustments	0	USD
CY2015	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	-83653	USD
CY2016	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	10758	USD
CY2015	us-gaap	Increase Decrease In Prepaid Expense IncreaseDecreaseInPrepaidExpense	-31522	USD
CY2016	us-gaap	Increase Decrease In Prepaid Expense IncreaseDecreaseInPrepaidExpense	-9219	USD
CY2015Q2	us-gaap	Investments In Affiliates Subsidiaries Associates And Joint Ventures InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures	1400000	USD
CY2016Q2	us-gaap	Investments In Affiliates Subsidiaries Associates And Joint Ventures InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures	0	USD
CY2015Q1	us-gaap	Investments In Affiliates Subsidiaries Associates And Joint Ventures InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures	1400000	USD
CY2015Q1	us-gaap	Investments In Affiliates Subsidiaries Associates And Joint Ventures InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures	1433886	USD
CY2015Q1	us-gaap	Investments In Affiliates Subsidiaries Associates And Joint Ventures InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures	1400000	USD
CY2015Q2	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	2014430	USD
CY2016Q2	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	1312654	USD
CY2015Q2	us-gaap	Liabilities Current LiabilitiesCurrent	102980	USD
CY2016Q2	us-gaap	Liabilities Current LiabilitiesCurrent	113738	USD
CY2016Q2	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	15000000	shares
CY2015Q2	us-gaap	Preferred Stock Value Outstanding PreferredStockValueOutstanding	0	USD
CY2016Q2	us-gaap	Preferred Stock Value Outstanding PreferredStockValueOutstanding	0	USD
CY2015Q2	us-gaap	Prepaid Expense Current PrepaidExpenseCurrent	67384	USD
CY2016Q2	us-gaap	Prepaid Expense Current PrepaidExpenseCurrent	58165	USD
CY2015	us-gaap	Profit Loss ProfitLoss	-3607953	USD
CY2015Q2	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-31055350	USD
CY2016Q2	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-32275568	USD
CY2010Q4	us-gaap	Sale Of Stock Number Of Shares Issued In Transaction SaleOfStockNumberOfSharesIssuedInTransaction	1600000	shares
CY2015	us-gaap	Share Based Compensation ShareBasedCompensation	724743	USD
CY2016	us-gaap	Share Based Compensation ShareBasedCompensation	507684	USD
CY2014Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod	27000	shares
CY2015	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod	0	shares
CY2016	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod	40000	shares
CY2015	us-gaap	Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice	0.00
CY2016	us-gaap	Weighted Average Number Of Share Outstanding Basic And Diluted WeightedAverageNumberOfShareOutstandingBasicAndDiluted	3928327	shares
CY2016	us-gaap	Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice	12.41
CY2015	us-gaap	Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested In Period Fair Value1 SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedInPeriodFairValue1	438000	USD
CY2016	us-gaap	Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested In Period Fair Value1 SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedInPeriodFairValue1	21400	USD
CY2015	us-gaap	Stock Issued During Period Shares Stock Options Exercised StockIssuedDuringPeriodSharesStockOptionsExercised	70667	shares
CY2015	us-gaap	Stock Issued During Period Value Stock Options Exercised StockIssuedDuringPeriodValueStockOptionsExercised	707	USD
CY2014Q2	us-gaap	Stockholders Equity StockholdersEquity	4794660	USD
CY2015Q2	us-gaap	Stockholders Equity StockholdersEquity	1911450	USD
CY2016Q2	us-gaap	Stockholders Equity StockholdersEquity	1198916	USD
CY2015	us-gaap	Weighted Average Number Of Share Outstanding Basic And Diluted WeightedAverageNumberOfShareOutstandingBasicAndDiluted	3842909	shares
CY2016	us-gaap	Basis Of Accounting BasisOfAccounting	<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:18px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Basis of Presentation</font></div><div style="line-height:120%;padding-top:6px;text-align:justify;text-indent:32px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The accompanying consolidated financial statements have been prepared in conformity with accounting principles generally accepted in the United States of America (“GAAP”). </font></div><div style="line-height:120%;padding-top:6px;text-align:justify;text-indent:32px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">These consolidated financial statements have been prepared on a going concern basis, which contemplates the realization of assets and the discharge of liabilities in the normal course of business for the foreseeable future. Since the Company’s primary business is now the investment in and management of the Joint Venture Company, it expects that its ongoing cash requirements will only be related to general and administration expenses. Given this, the Company believes that its current cash balances will be sufficient to meet its working capital requirements for the next twelve months.</font></div></div>
CY2016	us-gaap	Description Of New Accounting Pronouncements Not Yet Adopted DescriptionOfNewAccountingPronouncementsNotYetAdopted	<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:justify;text-indent:32px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Recently Issued Accounting Pronouncements. </font><font style="font-family:inherit;font-size:10pt;">In March 2016, the Financial Accounting Standards Board (the “FASB”) issued Accounting Standards Update No. 2016-09: </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Compensation – Stock Compensation (Topic 718): Improvements to Employee Share-Based Payment Accounting (ASU 2016-09)</font><font style="font-family:inherit;font-size:10pt;">. ASU 2016‑-09 is part of an initiative to reduce complexity in accounting standards. The areas of simplification in ASU 2016‑-09 involve several aspects of accounting for share-based payment transactions, including the income tax consequences, classification of awards as either equity or liabilities, and classification on the statement of cash flows. For public entities, ASU 2016-09 is effective for financial statements issued for fiscal years beginning after December 15, 2016, including interim periods within those fiscal years; early application is permitted. The provisions of this accounting update are not expected to have a material impact on the Company’s financial position, results of operations or cash flows. </font></div><div style="line-height:120%;text-align:justify;text-indent:32px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In November 2015, the FASB issued ASU No. 2015-17: </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Income Taxes (Topic 740): Balance Sheet Classification of Deferred Taxes.</font><font style="font-family:inherit;font-size:10pt;"> ASU No. 2015-17 provides guidance on the presentation of deferred income taxes that requires deferred tax assets and liabilities, along with related valuation allowances, to be classified as non-current on the balance sheet. As a result, each tax jurisdiction will now only have one net non-current deferred tax asset or liability. The new guidance does not change the existing requirement that prohibits offsetting deferred tax liabilities from one jurisdiction against deferred tax assets of another jurisdiction. The new guidance is effective for the Company’s fiscal year beginning July 1, 2017 and will only result in a change in presentation of these deferred taxes on our consolidated balance sheets. Early adoption is permitted, and we are currently evaluating the impact of this guidance on our consolidated financial statement</font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:32px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The FASB has issued ASU No. 2015-02, </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Consolidation (Topic 810): Amendments to the Consolidation Analysis</font><font style="font-family:inherit;font-size:10pt;">, which is intended to improve targeted areas of consolidation guidance for legal entities such as limited partnerships, limited liability corporations, and securitization structures (collateralized debt obligations, collateralized loan obligations, and mortgage-backed security transactions). The ASU focuses on the consolidation evaluation for reporting organizations (public and private companies and not-for-profit organizations) that are required to evaluate whether they should consolidate certain legal entities. The ASU will be effective for annual periods beginning after December 15, 2015; and for interim periods, within those fiscal years. Early adoption of this ASU is permitted for financial statements that have not been previously issued.</font></div><div style="line-height:120%;padding-bottom:8px;padding-top:8px;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The FASB has issued ASU No. 2015-01, </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Income Statement - Extraordinary and Unusual Items (Subtopic 225-20): Simplifying Income Statement Presentation by Eliminating the Concept of Extraordinary Items.</font><font style="font-family:inherit;font-size:10pt;"> This ASU eliminates from U.S. GAAP the concept of extraordinary items. Subtopic 225-20, </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Income Statement - Extraordinary and Unusual Items</font><font style="font-family:inherit;font-size:10pt;">, required that an entity separately classify, present, and disclose extraordinary events and transactions. The amendments in this ASU are effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2015. Early adoption of this ASU is permitted for financial statements that have not been previously issued. </font></div><div style="line-height:120%;padding-bottom:8px;padding-top:8px;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company has evaluated all other recent accounting pronouncements and believes that none of them will have a significant effect on the Company's consolidated financial statements.</font></div></div>
CY2012	us-gaap	Prior Period Reclassification Adjustment Description PriorPeriodReclassificationAdjustmentDescription	<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:18px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;"></font></div><div style="line-height:120%;padding-top:12px;text-align:justify;text-indent:32px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"></font></div></div>
CY2016	us-gaap	Use Of Estimates UseOfEstimates	<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:12px;text-align:justify;text-indent:32px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Management Estimates.</font><font style="font-family:inherit;font-size:10pt;"> The preparation of consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, 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.</font></div></div>

Files In Submission

Name	View Source	Status
0001502377-16-000031-index-headers.html	Edgar Link	pending
0001502377-16-000031-index.html	Edgar Link	pending
0001502377-16-000031.txt	Edgar Link	pending
0001502377-16-000031-xbrl.zip	Edgar Link	pending
a2015ph1ddhwithzones12.jpg	Edgar Link	pending
a2015ph2ddhwithzones1.jpg	Edgar Link	pending
a2016phase1explorationprogra.jpg	Edgar Link	pending
atetlin2016phase2.jpg	Edgar Link	pending
auditreporta01.jpg	Edgar Link	pending
ctgo-20160630.xml	Edgar Link	completed
ctgo-20160630.xsd	Edgar Link	pending
ctgo-20160630x10k.htm	Edgar Link	pending
ctgo-20160630x10kxex311.htm	Edgar Link	pending
ctgo-20160630x10kxex312.htm	Edgar Link	pending
ctgo-20160630x10kxex321.htm	Edgar Link	pending
ctgo-20160630x10kxex322.htm	Edgar Link	pending
ctgo-20160630_cal.xml	Edgar Link	unprocessable
ctgo-20160630_def.xml	Edgar Link	unprocessable
ctgo-20160630_lab.xml	Edgar Link	unprocessable
ctgo-20160630_pre.xml	Edgar Link	unprocessable
ex231bdo2015opinionconsent.htm	Edgar Link	pending
ex232-heinconsent.htm	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable
Financial_Report.xlsx	Edgar Link	pending
fy2016peakgoldauditedfsand.htm	Edgar Link	pending
R1.htm	Edgar Link	pending
R10.htm	Edgar Link	pending
R11.htm	Edgar Link	pending
R12.htm	Edgar Link	pending
R13.htm	Edgar Link	pending
R14.htm	Edgar Link	pending
R15.htm	Edgar Link	pending
R16.htm	Edgar Link	pending
R17.htm	Edgar Link	pending
R18.htm	Edgar Link	pending
R19.htm	Edgar Link	pending
R2.htm	Edgar Link	pending
R20.htm	Edgar Link	pending
R21.htm	Edgar Link	pending
R22.htm	Edgar Link	pending
R23.htm	Edgar Link	pending
R24.htm	Edgar Link	pending
R25.htm	Edgar Link	pending
R26.htm	Edgar Link	pending
R27.htm	Edgar Link	pending
R28.htm	Edgar Link	pending
R29.htm	Edgar Link	pending
R3.htm	Edgar Link	pending
R30.htm	Edgar Link	pending
R31.htm	Edgar Link	pending
R32.htm	Edgar Link	pending
R33.htm	Edgar Link	pending
R34.htm	Edgar Link	pending
R35.htm	Edgar Link	pending
R36.htm	Edgar Link	pending
R37.htm	Edgar Link	pending
R38.htm	Edgar Link	pending
R39.htm	Edgar Link	pending
R4.htm	Edgar Link	pending
R40.htm	Edgar Link	pending
R41.htm	Edgar Link	pending
R42.htm	Edgar Link	pending
R43.htm	Edgar Link	pending
R44.htm	Edgar Link	pending
R5.htm	Edgar Link	pending
R6.htm	Edgar Link	pending
R7.htm	Edgar Link	pending
R8.htm	Edgar Link	pending
R9.htm	Edgar Link	pending
report.css	Edgar Link	pending
Show.js	Edgar Link	pending
tetlinmap1082015a01.jpg	Edgar Link	pending

Create your account

Find Stocks Worth Researching

Deeply Understand Businesses

Value Businesses Intelligently

$CTGO
Contango ORE, Inc. Stock $ctgo

2016 Form 10-K Financial Statement

#000150237716000031 Filed on August 25, 2016

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$CTGO Contango ORE, Inc. Stock $ctgo

2016 Form 10-K Financial Statement

#000150237716000031 Filed on August 25, 2016

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$CTGO
Contango ORE, Inc. Stock $ctgo