2023 Q4 Form 10-Q Financial Statement

#000155837023017830 Filed on November 07, 2023

View on sec.gov

Income Statement

Concept 2023 Q4 2023 Q3 2022 Q3
Revenue $21.14M $20.55M $23.87M
YoY Change -34.7% -13.9% -17.78%
Cost Of Revenue $23.81M $24.96M $26.05M
YoY Change -14.34% -4.16% 25.32%
Gross Profit -$2.664M -$4.411M -$2.178M
YoY Change -158.12% 102.53% -126.42%
Gross Profit Margin -12.6% -21.46% -9.12%
Selling, General & Admin $1.675M $1.662M $2.249M
YoY Change -39.49% -26.1% -5.7%
% of Gross Profit
Research & Development $193.0K $1.540M $1.143M
YoY Change -81.69% 34.73% -36.68%
% of Gross Profit
Depreciation & Amortization $6.631M $5.814M $6.642M
YoY Change -10.73% -12.47% 87.1%
% of Gross Profit
Operating Expenses $2.245M $3.622M $3.392M
YoY Change -60.63% 6.78% -19.05%
Operating Profit -$4.909M -$10.00M -$9.947M
YoY Change 339.09% 0.53% -356.3%
Interest Expense $226.0K -$255.0K -$653.0K
YoY Change -409.59% -60.95% 220.1%
% of Operating Profit
Other Income/Expense, Net $636.0K -$1.967M -$765.0K
YoY Change -146.09% 157.12% 339.66%
Pretax Income -$4.126M -$10.00M -$9.947M
YoY Change 13.38% 0.53% -356.3%
Income Tax -$1.069M -$2.659M -$217.0K
% Of Pretax Income
Net Earnings -$3.057M -$7.341M -$9.730M
YoY Change -6.88% -24.55% -736.36%
Net Earnings / Revenue -14.46% -35.72% -40.76%
Basic Earnings Per Share -$0.08 -$0.11
Diluted Earnings Per Share -$0.03 -$0.08 -$0.11
COMMON SHARES
Basic Shares Outstanding 88.69M 88.47M 88.37M
Diluted Shares Outstanding 88.50M 88.39M

Balance Sheet

Concept 2023 Q4 2023 Q3 2022 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $6.254M $6.706M $22.53M
YoY Change -73.58% -70.24% -23.74%
Cash & Equivalents $6.254M $6.706M $22.53M
Short-Term Investments
Other Short-Term Assets $2.023M $1.089M $1.419M
YoY Change 62.88% -23.26% 337.96%
Inventory $9.294M $10.44M $13.59M
Prepaid Expenses
Receivables $4.335M $4.714M $3.741M
Other Receivables $4.589M $3.693M $0.00
Total Short-Term Assets $26.50M $28.90M $48.33M
YoY Change -42.53% -40.2% -1.22%
LONG-TERM ASSETS
Property, Plant & Equipment $138.6M $144.2M $149.2M
YoY Change -9.14% -3.38% 125.03%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $18.77M $5.009M $1.977M
YoY Change 240.62% 153.36% 291.49%
Total Long-Term Assets $157.4M $160.8M $151.2M
YoY Change -0.43% 6.34% 124.83%
TOTAL ASSETS
Total Short-Term Assets $26.50M $28.90M $48.33M
Total Long-Term Assets $157.4M $160.8M $151.2M
Total Assets $183.9M $189.7M $199.5M
YoY Change -9.94% -4.93% 71.75%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $8.378M $10.24M $11.27M
YoY Change -37.14% -9.12% 25.36%
Accrued Expenses $860.0K $1.637M $4.476M
YoY Change -83.45% -63.43% 15.12%
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 $11.33M $15.10M $19.47M
YoY Change -54.12% -22.42% 8.43%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities $61.79M $1.618M $2.133M
YoY Change 2381.57% -24.14% 136.74%
Total Long-Term Liabilities $61.79M $75.08M $64.43M
YoY Change -8.76% 16.53% 7050.72%
TOTAL LIABILITIES
Total Short-Term Liabilities $11.33M $15.10M $19.47M
Total Long-Term Liabilities $61.79M $75.08M $64.43M
Total Liabilities $87.19M $90.18M $83.89M
YoY Change -5.64% 7.49% 281.79%
SHAREHOLDERS EQUITY
Retained Earnings -$8.311M -$5.254M $11.87M
YoY Change -207.85% -144.25% -24.65%
Common Stock $89.00K $89.00K $89.00K
YoY Change 0.0% 0.0% 18.67%
Preferred Stock
YoY Change
Treasury Stock (at cost) $5.884M $5.884M $5.884M
YoY Change 0.0% 0.0% 0.0%
Treasury Stock Shares $336.4K $336.4K
Shareholders Equity $96.69M $99.51M $115.6M
YoY Change
Total Liabilities & Shareholders Equity $183.9M $189.7M $199.5M
YoY Change -9.94% -4.93% 71.75%

Cashflow Statement

Concept 2023 Q4 2023 Q3 2022 Q3
OPERATING ACTIVITIES
Net Income -$3.057M -$7.341M -$9.730M
YoY Change -6.88% -24.55% -736.36%
Depreciation, Depletion And Amortization $6.631M $5.814M $6.642M
YoY Change -10.73% -12.47% 87.1%
Cash From Operating Activities $1.783M -$7.475M -$4.292M
YoY Change -71.44% 74.16% -174.73%
INVESTING ACTIVITIES
Capital Expenditures $2.736M $3.750M -$3.605M
YoY Change -33.43% -204.02% -38.73%
Acquisitions
YoY Change
Other Investing Activities $0.00 -$1.743M
YoY Change
Cash From Investing Activities -$2.736M -$3.750M -$5.348M
YoY Change -33.43% -29.88% -9.11%
FINANCING ACTIVITIES
Cash Dividend Paid $900.0K
YoY Change 28.57%
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 29.00K 49.00K -884.0K
YoY Change -103.28% -105.54% 18.82%
NET CHANGE
Cash From Operating Activities 1.783M -7.475M -4.292M
Cash From Investing Activities -2.736M -3.750M -5.348M
Cash From Financing Activities 29.00K 49.00K -884.0K
Net Change In Cash -924.0K -11.18M -10.52M
YoY Change -174.04% 6.2% 1089.15%
FREE CASH FLOW
Cash From Operating Activities $1.783M -$7.475M -$4.292M
Capital Expenditures $2.736M $3.750M -$3.605M
Free Cash Flow -$953.0K -$11.23M -$687.0K
YoY Change -144.68% 1533.92% -105.91%

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972000
CY2023Q3 us-gaap Embedded Derivative Gain Loss On Embedded Derivative Net
EmbeddedDerivativeGainLossOnEmbeddedDerivativeNet
339000
CY2022Q3 us-gaap Gain Loss On Sale Of Derivatives
GainLossOnSaleOfDerivatives
-1212000
CY2022Q3 us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
278000
CY2022Q3 us-gaap Embedded Derivative Gain Loss On Embedded Derivative Net
EmbeddedDerivativeGainLossOnEmbeddedDerivativeNet
-934000
us-gaap Gain Loss On Sale Of Derivatives
GainLossOnSaleOfDerivatives
249000
us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
-454000
us-gaap Embedded Derivative Gain Loss On Embedded Derivative Net
EmbeddedDerivativeGainLossOnEmbeddedDerivativeNet
-205000
us-gaap Gain Loss On Sale Of Derivatives
GainLossOnSaleOfDerivatives
814000
us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
-1878000
us-gaap Embedded Derivative Gain Loss On Embedded Derivative Net
EmbeddedDerivativeGainLossOnEmbeddedDerivativeNet
-1064000
goro Schedule Of Operating Adjustment And Write Downs In Cash Flow Statement
ScheduleOfOperatingAdjustmentAndWriteDownsInCashFlowStatement
<p style="font-family:'Times New Roman','Times','serif';font-size:10pt;min-height:0.0pt;margin:0pt;"><span style="font-size:0pt;visibility:hidden;">​</span></p><table style="border-collapse:collapse;font-size:16pt;height:max-content;margin-left:auto;margin-right:auto;padding-left:0pt;padding-right:0pt;table-layout:auto;width:100%;"><tr style="height:1pt;"><td style="vertical-align:middle;width:72.64%;margin:0pt;padding:0pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="position:absolute;top:50%;transform:translate(0,-50%);width:100%;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><span style="font-size:1pt;visibility:hidden;">​</span></p></div></div></td><td style="vertical-align:middle;width:3.37%;margin:0pt;padding:0pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="position:absolute;top:50%;transform:translate(0,-50%);width:100%;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><span style="font-size:1pt;visibility:hidden;">​</span></p></div></div></td><td style="vertical-align:bottom;white-space:normal;width:2.14%;margin:0pt;padding:0pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="bottom:0pt;position:absolute;width:100%;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><span style="font-size:1pt;visibility:hidden;">​</span></p></div></div></td><td style="vertical-align:middle;white-space:normal;width:8.7%;margin:0pt;padding:0pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="position:absolute;top:50%;transform:translate(0,-50%);width:100%;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><span style="font-size:1pt;visibility:hidden;">​</span></p></div></div></td><td style="vertical-align:middle;white-space:normal;width:2.29%;margin:0pt;padding:0pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="position:absolute;top:50%;transform:translate(0,-50%);width:100%;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><span style="font-size:1pt;visibility:hidden;">​</span></p></div></div></td><td style="vertical-align:bottom;white-space:normal;width:2.14%;margin:0pt;padding:0pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="bottom:0pt;position:absolute;width:100%;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><span style="font-size:1pt;visibility:hidden;">​</span></p></div></div></td><td style="vertical-align:middle;white-space:normal;width:8.7%;margin:0pt;padding:0pt;"><div style="height:1pt;overflow:hidden;overflow-wrap:break-word;position:relative;"><div style="position:absolute;top:50%;transform:translate(0,-50%);width:100%;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><span style="font-size:1pt;visibility:hidden;">​</span></p></div></div></td></tr><tr><td style="vertical-align:middle;width:72.64%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><span style="font-size:9pt;visibility:hidden;">​</span></p></td><td style="vertical-align:middle;width:3.37%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:9pt;margin:0pt;"> <span style="visibility:hidden;">​</span></p></td><td colspan="5" style="vertical-align:bottom;width:23.98%;border-bottom:1px solid #000000;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:9pt;text-align:center;margin:0pt;"><b style="font-weight:bold;">For the nine months ended September 30, </b></p></td></tr><tr><td style="vertical-align:middle;width:72.64%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><span style="font-size:9pt;visibility:hidden;">​</span></p></td><td style="vertical-align:middle;width:3.37%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><span style="font-size:9pt;visibility:hidden;">​</span></p></td><td colspan="2" style="vertical-align:bottom;white-space:normal;width:10.84%;border-bottom:1px solid #000000;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:9pt;text-align:center;margin:0pt;"><b style="font-weight:bold;">2023</b></p></td><td style="vertical-align:bottom;white-space:normal;width:2.29%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:9pt;margin:0pt;"> <span style="visibility:hidden;">​</span></p></td><td colspan="2" style="vertical-align:bottom;white-space:normal;width:10.84%;border-bottom:1px solid #000000;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:9pt;text-align:center;margin:0pt;"><b style="font-weight:bold;">2022</b></p></td></tr><tr style="height:0pt;visibility:hidden;"><td colspan="7" style="padding:0pt;"></td></tr><tr><td style="vertical-align:middle;width:72.64%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><span style="font-size:9pt;visibility:hidden;">​</span></p></td><td style="vertical-align:middle;width:3.37%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><span style="font-size:9pt;visibility:hidden;">​</span></p></td><td colspan="5" style="vertical-align:bottom;width:23.98%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:9pt;text-align:center;margin:0pt;"><i style="font-style:italic;">(in thousands)</i></p></td></tr><tr><td style="vertical-align:middle;width:72.64%;background:#cceeff;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:9pt;margin:0pt;">Unrealized gain on gold and silver rounds</p></td><td style="vertical-align:middle;width:3.37%;background:#cceeff;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 0pt 6pt;"><span style="font-size:9pt;margin-left:0pt;visibility:hidden;">​</span></p></td><td style="vertical-align:bottom;white-space:normal;width:2.14%;background:#cceeff;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:9pt;text-align:right;margin:0pt;">$</p></td><td style="vertical-align:middle;white-space:normal;width:8.7%;background:#cceeff;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:9pt;text-align:right;margin:0pt;"> (3)</p></td><td style="vertical-align:middle;white-space:normal;width:2.29%;background:#cceeff;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:right;margin:0pt;"><span style="font-size:9pt;visibility:hidden;">​</span></p></td><td style="vertical-align:bottom;white-space:normal;width:2.14%;background:#cceeff;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:9pt;text-align:right;margin:0pt;">$</p></td><td style="vertical-align:middle;white-space:normal;width:8.7%;background:#cceeff;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:9pt;text-align:right;margin:0pt;"> (54)</p></td></tr><tr><td style="vertical-align:middle;width:72.64%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:9pt;margin:0pt;">Unrealized foreign currency exchange loss</p></td><td style="vertical-align:middle;width:3.37%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 0pt 6pt;"><span style="font-size:9pt;margin-left:0pt;visibility:hidden;">​</span></p></td><td style="vertical-align:bottom;white-space:normal;width:2.14%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:right;margin:0pt;"><span style="font-size:9pt;visibility:hidden;">​</span></p></td><td style="vertical-align:middle;white-space:normal;width:8.7%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:9pt;text-align:right;margin:0pt 3pt 0pt 0pt;"> 599</p></td><td style="vertical-align:middle;white-space:normal;width:2.29%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:right;margin:0pt;"><span style="font-size:9pt;visibility:hidden;">​</span></p></td><td style="vertical-align:bottom;white-space:normal;width:2.14%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:right;margin:0pt;"><span style="font-size:9pt;visibility:hidden;">​</span></p></td><td style="vertical-align:middle;white-space:normal;width:8.7%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:9pt;text-align:right;margin:0pt 3pt 0pt 0pt;"> 1,200</p></td></tr><tr><td style="vertical-align:bottom;white-space:normal;width:72.64%;background:#cceeff;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:9pt;margin:0pt;">Unrealized gain on zinc zero cost collar</p></td><td style="vertical-align:middle;width:3.37%;background:#cceeff;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 0pt 6pt;"><span style="font-size:9pt;margin-left:0pt;visibility:hidden;">​</span></p></td><td style="vertical-align:bottom;white-space:normal;width:2.14%;background:#cceeff;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:right;margin:0pt;"><span style="font-size:9pt;visibility:hidden;">​</span></p></td><td style="vertical-align:middle;white-space:normal;width:8.7%;background:#cceeff;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:9pt;text-align:right;margin:0pt 3pt 0pt 0pt;"> -</p></td><td style="vertical-align:middle;white-space:normal;width:2.29%;background:#cceeff;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:right;margin:0pt;"><span style="font-size:9pt;visibility:hidden;">​</span></p></td><td style="vertical-align:bottom;white-space:normal;width:2.14%;background:#cceeff;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:right;margin:0pt;"><span style="font-size:9pt;visibility:hidden;">​</span></p></td><td style="vertical-align:middle;white-space:normal;width:8.7%;background:#cceeff;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:9pt;text-align:right;margin:0pt;"> (2,276)</p></td></tr><tr><td style="vertical-align:middle;width:72.64%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:9pt;margin:0pt;">Other</p></td><td style="vertical-align:middle;width:3.37%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 0pt 6pt;"><span style="font-size:9pt;margin-left:0pt;visibility:hidden;">​</span></p></td><td style="vertical-align:middle;white-space:normal;width:2.14%;border-bottom:1px solid #000000;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:right;margin:0pt;"><span style="font-size:9pt;visibility:hidden;">​</span></p></td><td style="vertical-align:middle;white-space:normal;width:8.7%;border-bottom:1px solid #000000;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:9pt;text-align:right;margin:0pt 3pt 0pt 0pt;"> 614</p></td><td style="vertical-align:middle;white-space:normal;width:2.29%;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:right;margin:0pt;"><span style="font-size:9pt;visibility:hidden;">​</span></p></td><td style="vertical-align:middle;white-space:normal;width:2.14%;border-bottom:1px solid #000000;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:right;margin:0pt;"><span style="font-size:9pt;visibility:hidden;">​</span></p></td><td style="vertical-align:middle;white-space:normal;width:8.7%;border-bottom:1px solid #000000;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:9pt;text-align:right;margin:0pt;"> (164)</p></td></tr><tr><td style="vertical-align:middle;white-space:normal;width:72.64%;background:#cceeff;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:9pt;margin:0pt 0pt 0pt 24pt;">Total other operating adjustments</p></td><td style="vertical-align:middle;white-space:normal;width:3.37%;background:#cceeff;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt 0pt 0pt 30pt;"><span style="font-size:9pt;margin-left:0pt;visibility:hidden;">​</span></p></td><td style="vertical-align:bottom;white-space:normal;width:2.14%;background:#cceeff;border-bottom:3px double #000000;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:9pt;text-align:right;margin:0pt;">$</p></td><td style="vertical-align:middle;white-space:normal;width:8.7%;background:#cceeff;border-bottom:3px double #000000;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:9pt;text-align:right;margin:0pt 3pt 0pt 0pt;"> 1,210</p></td><td style="vertical-align:middle;white-space:normal;width:2.29%;background:#cceeff;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:right;margin:0pt;"><span style="font-size:9pt;visibility:hidden;">​</span></p></td><td style="vertical-align:bottom;white-space:normal;width:2.14%;background:#cceeff;border-bottom:3px double #000000;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:9pt;text-align:right;margin:0pt;">$</p></td><td style="vertical-align:middle;white-space:normal;width:8.7%;background:#cceeff;border-bottom:3px double #000000;margin:0pt;padding:0pt;"><p style="font-family:'Times New Roman','Times','serif';font-size:9pt;text-align:right;margin:0pt;"> (1,294)</p></td></tr></table><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;margin:0pt;"><span style="font-size:1pt;visibility:hidden;">​</span></p>
goro Unrealized Gain Loss On Gold And Silver Rounds Bullion
UnrealizedGainLossOnGoldAndSilverRoundsBullion
3000
goro Unrealized Gain Loss On Gold And Silver Rounds Bullion
UnrealizedGainLossOnGoldAndSilverRoundsBullion
54000
us-gaap Foreign Currency Transaction Gain Loss Unrealized
ForeignCurrencyTransactionGainLossUnrealized
-599000
us-gaap Foreign Currency Transaction Gain Loss Unrealized
ForeignCurrencyTransactionGainLossUnrealized
-1200000
goro Unrealized Gain Loss On Zinc Zero Cost Collar
UnrealizedGainLossOnZincZeroCostCollar
-2276000
goro Other Adjustments
OtherAdjustments
-614000
goro Other Adjustments
OtherAdjustments
164000
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-1210000
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
1294000
us-gaap Number Of Operating Segments
NumberOfOperatingSegments
3
CY2023Q3 us-gaap Assets Current
AssetsCurrent
28900000
CY2023Q3 us-gaap Assets Noncurrent
AssetsNoncurrent
160792000
CY2023Q3 us-gaap Assets
Assets
189692000
CY2023Q3 us-gaap Liabilities Current
LiabilitiesCurrent
15101000
CY2023Q3 us-gaap Liabilities Noncurrent
LiabilitiesNoncurrent
75077000
CY2023Q3 us-gaap Stockholders Equity
StockholdersEquity
99514000
CY2023Q3 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
189692000
CY2022Q4 us-gaap Assets Current
AssetsCurrent
46099000
CY2022Q4 us-gaap Assets Noncurrent
AssetsNoncurrent
163999000
CY2022Q4 us-gaap Assets
Assets
210098000
CY2022Q4 us-gaap Liabilities Current
LiabilitiesCurrent
24682000
CY2022Q4 us-gaap Liabilities Noncurrent
LiabilitiesNoncurrent
73652000
CY2022Q4 us-gaap Stockholders Equity
StockholdersEquity
111764000
CY2022Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
210098000
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
76587000
us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
79238000
goro Mining Exploration Expense
MiningExplorationExpense
5239000
goro Costs And Expenses Excluding Exploration Expense
CostsAndExpensesExcludingExplorationExpense
9736000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-4666000
us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
-12960000
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
106350000
us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
81186000
goro Mining Exploration Expense
MiningExplorationExpense
10115000
goro Costs And Expenses Excluding Exploration Expense
CostsAndExpensesExcludingExplorationExpense
9172000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
8915000
us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
-3038000
CY2023Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
20552000
CY2023Q3 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
24963000
CY2023Q3 goro Mining Exploration Expense
MiningExplorationExpense
1960000
CY2023Q3 goro Costs And Expenses Excluding Exploration Expense
CostsAndExpensesExcludingExplorationExpense
3629000
CY2023Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-2659000
CY2023Q3 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
-7341000
CY2022Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
23869000
CY2022Q3 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
26047000
CY2022Q3 goro Mining Exploration Expense
MiningExplorationExpense
4973000
CY2022Q3 goro Costs And Expenses Excluding Exploration Expense
CostsAndExpensesExcludingExplorationExpense
2796000
CY2022Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-217000
CY2022Q3 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
-9730000

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