2024 Q2 Form 10-Q Financial Statement
#000149315224023883 Filed on June 14, 2024
Income Statement
Concept | 2024 Q2 |
---|---|
Revenue | |
YoY Change | |
Cost Of Revenue | $57.88K |
YoY Change | 26.07% |
Gross Profit | -$57.88K |
YoY Change | 26.07% |
Gross Profit Margin | |
Selling, General & Admin | $136.3K |
YoY Change | 64.79% |
% of Gross Profit | |
Research & Development | $324.9K |
YoY Change | 5253.05% |
% of Gross Profit | |
Depreciation & Amortization | $1.617K |
YoY Change | 10.91% |
% of Gross Profit | |
Operating Expenses | $519.1K |
YoY Change | 285.44% |
Operating Profit | -$519.1K |
YoY Change | 285.44% |
Interest Expense | $21.53K |
YoY Change | -54.19% |
% of Operating Profit | |
Other Income/Expense, Net | $830.5K |
YoY Change | 5059.46% |
Pretax Income | $311.4K |
YoY Change | -362.59% |
Income Tax | |
% Of Pretax Income | |
Net Earnings | $311.4K |
YoY Change | -362.59% |
Net Earnings / Revenue | |
Basic Earnings Per Share | $0.01 |
Diluted Earnings Per Share | $0.00 |
COMMON SHARES | |
Basic Shares Outstanding | 49.88M shares |
Diluted Shares Outstanding | 62.65M shares |
Balance Sheet
Concept | 2024 Q2 |
---|---|
SHORT-TERM ASSETS | |
Cash & Short-Term Investments | $11.39K |
YoY Change | 86.42% |
Cash & Equivalents | $11.39K |
Short-Term Investments | |
Other Short-Term Assets | $38.28K |
YoY Change | 21.18% |
Inventory | |
Prepaid Expenses | |
Receivables | |
Other Receivables | |
Total Short-Term Assets | $49.67K |
YoY Change | 31.73% |
LONG-TERM ASSETS | |
Property, Plant & Equipment | $16.03K |
YoY Change | -21.55% |
Goodwill | |
YoY Change | |
Intangibles | |
YoY Change | |
Long-Term Investments | |
YoY Change | |
Other Assets | |
YoY Change | |
Total Long-Term Assets | $16.03K |
YoY Change | -21.55% |
TOTAL ASSETS | |
Total Short-Term Assets | $49.67K |
Total Long-Term Assets | $16.03K |
Total Assets | $65.69K |
YoY Change | 13.0% |
SHORT-TERM LIABILITIES | |
YoY Change | |
Accounts Payable | $178.2K |
YoY Change | -15.75% |
Accrued Expenses | $2.140K |
YoY Change | -96.77% |
Deferred Revenue | |
YoY Change | |
Short-Term Debt | $813.5K |
YoY Change | 324.95% |
Long-Term Debt Due | |
YoY Change | |
Total Short-Term Liabilities | $2.690M |
YoY Change | 367.89% |
LONG-TERM LIABILITIES | |
Long-Term Debt | $32.40K |
YoY Change | 6.23% |
Other Long-Term Liabilities | |
YoY Change | |
Total Long-Term Liabilities | $32.40K |
YoY Change | 6.23% |
TOTAL LIABILITIES | |
Total Short-Term Liabilities | $2.690M |
Total Long-Term Liabilities | $32.40K |
Total Liabilities | $2.723M |
YoY Change | 349.67% |
SHAREHOLDERS EQUITY | |
Retained Earnings | -$61.17M |
YoY Change | 6.35% |
Common Stock | $58.62M |
YoY Change | 2.67% |
Preferred Stock | |
YoY Change | |
Treasury Stock (at cost) | |
YoY Change | |
Treasury Stock Shares | |
Shareholders Equity | -$2.657M |
YoY Change | |
Total Liabilities & Shareholders Equity | $65.69K |
YoY Change | 13.0% |
Cashflow Statement
Concept | 2024 Q2 |
---|---|
OPERATING ACTIVITIES | |
Net Income | $311.4K |
YoY Change | -362.59% |
Depreciation, Depletion And Amortization | $1.617K |
YoY Change | 10.91% |
Cash From Operating Activities | -$435.7K |
YoY Change | 263.36% |
INVESTING ACTIVITIES | |
Capital Expenditures | |
YoY Change | |
Acquisitions | |
YoY Change | |
Other Investing Activities | |
YoY Change | |
Cash From Investing Activities | |
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 | $375.0K |
YoY Change | 301.47% |
NET CHANGE | |
Cash From Operating Activities | -$435.7K |
Cash From Investing Activities | |
Cash From Financing Activities | $375.0K |
Net Change In Cash | -$60.71K |
YoY Change | 129.05% |
FREE CASH FLOW | |
Cash From Operating Activities | -$435.7K |
Capital Expenditures | |
Free Cash Flow | |
YoY Change |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
CY2023Q2 | us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
usd | |
CY2023Q2 | us-gaap |
Interest Paid Net
InterestPaidNet
|
usd | |
CY2023Q2 | us-gaap |
Other Nonoperating Income
OtherNonoperatingIncome
|
usd | |
CY2024Q2 | us-gaap |
Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
usd | |
CY2023Q2 | us-gaap |
Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
usd | |
CY2023Q2 | LBSR |
Increase Decrease In Accrued Expenses To Related Party
IncreaseDecreaseInAccruedExpensesToRelatedParty
|
usd | |
CY2023Q2 | us-gaap |
Repayments Of Related Party Debt
RepaymentsOfRelatedPartyDebt
|
usd | |
CY2023Q2 | us-gaap |
Proceeds From Repayments Of Related Party Debt
ProceedsFromRepaymentsOfRelatedPartyDebt
|
usd | |
CY2024Q2 | us-gaap |
Repayments Of Notes Payable
RepaymentsOfNotesPayable
|
usd | |
CY2024Q2 | LBSR |
Proceeds From Receipt Of Subscription Receivable
ProceedsFromReceiptOfSubscriptionReceivable
|
usd | |
CY2024Q2 | us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
usd | |
CY2024Q2 | LBSR |
Resolution Of Derivative Liabilities Due To Debt Conversions And Untainted Warrants
ResolutionOfDerivativeLiabilitiesDueToDebtConversionsAndUntaintedWarrants
|
usd | |
CY2024Q2 | LBSR |
Debt Discounts Due To Derivative Liabilities
DebtDiscountsDueToDerivativeLiabilities
|
usd | |
CY2024Q2 | us-gaap |
Stock Issued1
StockIssued1
|
usd | |
CY2024Q2 | us-gaap |
Liabilities Assumed1
LiabilitiesAssumed1
|
usd | |
CY2024Q2 | LBSR |
Cashless Exercise Of Warrants
CashlessExerciseOfWarrants
|
usd | |
CY2023Q2 | LBSR |
Settlement Of Subscription And Interest Receivable
SettlementOfSubscriptionAndInterestReceivable
|
usd | |
CY2024Q2 | LBSR |
Derivative Gain Net
DerivativeGainNet
|
usd | |
CY2023Q2 | LBSR |
Derivative Gain Net
DerivativeGainNet
|
usd | |
CY2024Q2 | us-gaap |
Interest On Convertible Debt Net Of Tax
InterestOnConvertibleDebtNetOfTax
|
usd | |
CY2023Q2 | us-gaap |
Interest On Convertible Debt Net Of Tax
InterestOnConvertibleDebtNetOfTax
|
usd | |
CY2023Q2 | us-gaap |
Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
|
shares | |
CY2023Q2 | us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
shares | |
CY2024Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpirationsInPeriod
|
shares | |
CY2024Q2 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExpirationsInPeriodWeightedAverageExercisePrice
|
||
CY2024Q2 | us-gaap |
Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Settlements
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationSettlements
|
usd | |
CY2024Q2 | us-gaap |
Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Purchases
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationPurchases
|
usd | |
CY2024Q2 | us-gaap |
Convertible Debt Noncurrent
ConvertibleDebtNoncurrent
|
usd | |
CY2024Q1 | us-gaap |
Convertible Debt Noncurrent
ConvertibleDebtNoncurrent
|
usd | |
CY2024Q2 | us-gaap |
Exploration Expense
ExplorationExpense
|
324929 | usd |
CY2023Q2 | us-gaap |
Exploration Expense
ExplorationExpense
|
6065 | usd |
CY2024Q2 | us-gaap |
Labor And Related Expense
LaborAndRelatedExpense
|
57881 | usd |
CY2023Q2 | us-gaap |
Labor And Related Expense
LaborAndRelatedExpense
|
45914 | usd |
CY2024Q2 | us-gaap |
Professional Fees
ProfessionalFees
|
31712 | usd |
CY2023Q2 | us-gaap |
Professional Fees
ProfessionalFees
|
40963 | usd |
CY2024Q2 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
104564 | usd |
CY2023Q2 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
41733 | usd |
CY2024Q2 | us-gaap |
Operating Expenses
OperatingExpenses
|
519086 | usd |
CY2023Q2 | us-gaap |
Operating Expenses
OperatingExpenses
|
134675 | usd |
CY2024Q2 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-519086 | usd |
CY2023Q2 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-134675 | usd |
CY2024Q2 | us-gaap |
Interest Expense
InterestExpense
|
21534 | usd |
CY2023Q2 | us-gaap |
Interest Expense
InterestExpense
|
47006 | usd |
CY2024Q2 | us-gaap |
Other Nonoperating Income
OtherNonoperatingIncome
|
969 | usd |
CY2024Q2 | us-gaap |
Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
|
851032 | usd |
CY2023Q2 | us-gaap |
Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
|
63102 | usd |
CY2024Q2 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
830467 | usd |
CY2023Q2 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
16096 | usd |
CY2024Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
311381 | usd |
CY2023Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-118579 | usd |
CY2024Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.01 | |
CY2023Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.01 | |
CY2024Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.00 | |
CY2023Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.01 | |
CY2024Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
49867529 | shares |
CY2023Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
19240464 | shares |
CY2024Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
62645347 | shares |
CY2023Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
19240464 | shares |
CY2024Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-3062799 | usd |
CY2024Q2 | us-gaap |
Stock Issued During Period Value Share Based Compensation Gross
StockIssuedDuringPeriodValueShareBasedCompensationGross
|
77626 | usd |
CY2024Q2 | LBSR |
Stock Issued During Period Value Settlement Of Subscription Receivable
StockIssuedDuringPeriodValueSettlementOfSubscriptionReceivable
|
16750 | usd |
CY2024Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
311381 | usd |
CY2023Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-579286 | usd |
CY2023Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-579286 | usd |
CY2023Q2 | LBSR |
Stock Issued During Period Value Receipt Of Subscription Receivable
StockIssuedDuringPeriodValueReceiptOfSubscriptionReceivable
|
16368 | usd |
CY2023Q2 | us-gaap |
Stock Issued During Period Value Conversion Of Convertible Securities
StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
|
70943 | usd |
CY2023Q2 | us-gaap |
Stock Issued During Period Value Share Based Compensation Gross
StockIssuedDuringPeriodValueShareBasedCompensationGross
|
19265 | usd |
CY2023Q2 | us-gaap |
Adjustments To Additional Paid In Capital Convertible Debt With Conversion Feature
AdjustmentsToAdditionalPaidInCapitalConvertibleDebtWithConversionFeature
|
43931 | usd |
CY2023Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-118579 | usd |
CY2023Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-118579 | usd |
CY2023Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-547358 | usd |
CY2023Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-547358 | usd |
CY2024Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
311381 | usd |
CY2023Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-118579 | usd |
CY2024Q2 | us-gaap |
Depreciation
Depreciation
|
1617 | usd |
CY2023Q2 | us-gaap |
Depreciation
Depreciation
|
1458 | usd |
CY2024Q2 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
77626 | usd |
CY2023Q2 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
19265 | usd |
CY2024Q2 | us-gaap |
Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
|
9176 | usd |
CY2023Q2 | us-gaap |
Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
|
45248 | usd |
CY2024Q2 | us-gaap |
Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
|
851032 | usd |
CY2023Q2 | us-gaap |
Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
|
63102 | usd |
CY2024Q2 | us-gaap |
Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
|
-347 | usd |
CY2023Q2 | us-gaap |
Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
|
204 | usd |
CY2024Q2 | us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
13029 | usd |
CY2023Q2 | us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
-3999 | usd |
CY2024Q2 | LBSR |
Increase Decrease In Accrued Expenses To Related Party
IncreaseDecreaseInAccruedExpensesToRelatedParty
|
2143 | usd |
CY2024Q2 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-435713 | usd |
CY2023Q2 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-119913 | usd |
CY2024Q2 | us-gaap |
Repayments Of Related Party Debt
RepaymentsOfRelatedPartyDebt
|
10000 | usd |
CY2024Q2 | us-gaap |
Proceeds From Repayments Of Related Party Debt
ProceedsFromRepaymentsOfRelatedPartyDebt
|
285000 | usd |
CY2023Q2 | us-gaap |
Repayments Of Notes Payable
RepaymentsOfNotesPayable
|
2962 | usd |
CY2024Q2 | us-gaap |
Proceeds From Convertible Debt
ProceedsFromConvertibleDebt
|
100000 | usd |
CY2023Q2 | us-gaap |
Proceeds From Convertible Debt
ProceedsFromConvertibleDebt
|
80000 | usd |
CY2023Q2 | LBSR |
Proceeds From Receipt Of Subscription Receivable
ProceedsFromReceiptOfSubscriptionReceivable
|
16368 | usd |
CY2024Q2 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
375000 | usd |
CY2023Q2 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
93406 | usd |
CY2024Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-60713 | usd |
CY2023Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-26507 | usd |
CY2024Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
72099 | usd |
CY2023Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
32616 | usd |
CY2024Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
11386 | usd |
CY2023Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
6109 | usd |
CY2024Q2 | us-gaap |
Interest Paid Net
InterestPaidNet
|
474 | usd |
CY2023Q2 | LBSR |
Resolution Of Derivative Liabilities Due To Debt Conversions And Untainted Warrants
ResolutionOfDerivativeLiabilitiesDueToDebtConversionsAndUntaintedWarrants
|
43931 | usd |
CY2023Q2 | LBSR |
Debt Discounts Due To Derivative Liabilities
DebtDiscountsDueToDerivativeLiabilities
|
33720 | usd |
CY2023Q2 | us-gaap |
Stock Issued1
StockIssued1
|
70943 | usd |
CY2023Q2 | us-gaap |
Liabilities Assumed1
LiabilitiesAssumed1
|
1579 | usd |
CY2024Q2 | LBSR |
Prepaid Insurance Financed With Note Payable
PrepaidInsuranceFinancedWithNotePayable
|
24750 | usd |
CY2023Q2 | LBSR |
Prepaid Insurance Financed With Note Payable
PrepaidInsuranceFinancedWithNotePayable
|
24850 | usd |
CY2023Q2 | LBSR |
Cashless Exercise Of Warrants
CashlessExerciseOfWarrants
|
16750 | usd |
CY2024Q2 | LBSR |
Settlement Of Subscription And Interest Receivable
SettlementOfSubscriptionAndInterestReceivable
|
17230 | usd |
CY2024Q2 | us-gaap |
Basis Of Accounting
BasisOfAccounting
|
<p id="xdx_80E_eus-gaap--BasisOfAccounting_zJ95WKxdFc1h" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>NOTE 1 – <span id="xdx_82B_zdhdInFF8OEj">Basis of Presentation</span></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The consolidated financial statements included herein have been prepared by Liberty Star Uranium & Metals Corp. (the “Company”, “we”, “our”) without audit, pursuant to the rules and regulations of the United States Securities and Exchange Commission (“SEC”) and should be read in conjunction with our annual report on Form 10-K for the year ended January 31, 2024 as filed with the SEC on May 15, 2024. Certain information and footnote disclosures normally included in financial statements prepared in accordance with accounting principles generally accepted in the United States of America (“US GAAP”) have been omitted, as permitted by the SEC, although we believe the disclosures which are made are adequate to make the information presented not misleading. The consolidated financial statements reflect, in the opinion of management, all normal recurring adjustments necessary to present fairly our financial position at April 30, 2024, and the results of our operations and cash flows for the periods presented.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Interim results are subject to significant seasonal variations and the results of operations for the three months ended April 30, 2024, are not necessarily indicative of the results to be expected for the full year.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> | |
CY2024Q2 | us-gaap |
Derivative Liabilities Current
DerivativeLiabilitiesCurrent
|
1696426 | usd |
CY2024Q1 | us-gaap |
Derivative Liabilities Current
DerivativeLiabilitiesCurrent
|
2547458 | usd |
CY2024Q2 | us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
1809207 | shares |
CY2024Q2 | us-gaap |
Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
|
10968612 | shares |
CY2024Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
311381 | usd |
CY2023Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-118579 | usd |
CY2024Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
49867529 | shares |
CY2023Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
19240464 | shares |
CY2024Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.01 | |
CY2023Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.01 | |
CY2024Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
311381 | usd |
CY2023Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-118579 | usd |
CY2024Q2 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
311381 | usd |
CY2023Q2 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-118579 | usd |
CY2024Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
49867529 | shares |
CY2023Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
19240464 | shares |
CY2024Q2 | us-gaap |
Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
|
10968612 | shares |
CY2024Q2 | us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
1809207 | shares |
CY2024Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
62645347 | shares |
CY2023Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
19240464 | shares |
CY2024Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.00 | |
CY2023Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.01 | |
CY2024Q1 | LBSR |
Stock Options Exercised
StockOptionsExercised
|
75000 | shares |
CY2024Q1 | us-gaap |
Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
|
70002 | shares |
CY2024Q2 | us-gaap |
Common Stock Share Subscribed But Unissued Subscriptions Receivable
CommonStockShareSubscribedButUnissuedSubscriptionsReceivable
|
101100 | usd |
CY2024Q1 | us-gaap |
Common Stock Share Subscribed But Unissued Subscriptions Receivable
CommonStockShareSubscribedButUnissuedSubscriptionsReceivable
|
117850 | usd |
CY2024Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
2808760 | shares |
CY2024Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
0.83 | |
CY2024Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
|
30000 | shares |
CY2024Q2 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
|
0.05 | |
CY2024Q2 | us-gaap |
Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
|
75000 | shares |
CY2024Q2 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
|
0.05 | |
CY2024Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
2763760 | shares |
CY2024Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
0.85 | |
CY2024Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
|
2287508 | shares |
CY2024Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
|
0.96 | |
CY2024Q2 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
|
P9Y6M18D | |
CY2024Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
|
549484 | usd |
CY2024Q2 | us-gaap |
Share Price
SharePrice
|
0.325 | |
CY2024Q2 | us-gaap |
Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Stock Options
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedStockOptions
|
150480 | usd |
CY2024Q2 | us-gaap |
Class Of Warrant Or Right Outstanding
ClassOfWarrantOrRightOutstanding
|
14187933 | shares |
CY2024Q2 | us-gaap |
Class Of Warrant Or Right Number Of Securities Called By Each Warrant Or Right
ClassOfWarrantOrRightNumberOfSecuritiesCalledByEachWarrantOrRight
|
13680401 | shares |
CY2024Q2 | us-gaap |
Warrants And Rights Outstanding Term
WarrantsAndRightsOutstandingTerm
|
P2Y2M23D | |
CY2024Q2 | us-gaap |
Class Of Warrant Or Right Exercise Price Of Warrants Or Rights1
ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1
|
0.13 | |
CY2024Q2 | LBSR |
Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsOutstandingIntrinsicValue
|
3394192 | usd |
CY2021Q4 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
10888894 | shares |
CY2021Q4 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
10888894 | shares |
CY2024Q2 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
49883863 | shares |
CY2024Q2 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
49883863 | shares |
CY2024Q2 | LBSR |
Common Stock Shares Growth Monthly Percentage
CommonStockSharesGrowthMonthlyPercentage
|
0.0304 | pure |
CY2024Q2 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
500000 | usd |
CY2024Q2 | LBSR |
Common Stock Discount Percentage
CommonStockDiscountPercentage
|
0.25 | pure |
CY2024Q2 | us-gaap |
Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
|
851032 | usd |
CY2023Q2 | LBSR |
Reclassifications Due To Conversion Of Convertible Notes
ReclassificationsDueToConversionOfConvertibleNotes
|
43931 | usd |
CY2023Q2 | us-gaap |
Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
|
63102 | usd |
CY2024Q1 | us-gaap |
Fair Value Net Derivative Asset Liability Measured On Recurring Basis With Unobservable Inputs
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisWithUnobservableInputs
|
2547458 | usd |
CY2023Q1 | us-gaap |
Fair Value Net Derivative Asset Liability Measured On Recurring Basis With Unobservable Inputs
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisWithUnobservableInputs
|
172393 | usd |
CY2024Q2 | us-gaap |
Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Period Increase Decrease
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationPeriodIncreaseDecrease
|
851032 | usd |
CY2023Q2 | us-gaap |
Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Period Increase Decrease
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationPeriodIncreaseDecrease
|
63102 | usd |
CY2023Q2 | us-gaap |
Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Settlements
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationSettlements
|
-43931 | usd |
CY2023Q2 | us-gaap |
Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Purchases
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationPurchases
|
33720 | usd |
CY2024Q2 | us-gaap |
Fair Value Net Derivative Asset Liability Measured On Recurring Basis With Unobservable Inputs
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisWithUnobservableInputs
|
1696426 | usd |
CY2023Q2 | us-gaap |
Fair Value Net Derivative Asset Liability Measured On Recurring Basis With Unobservable Inputs
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisWithUnobservableInputs
|
99080 | usd |
CY2024Q2 | us-gaap |
Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
|
851032 | usd |
CY2023Q2 | us-gaap |
Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
|
63102 | usd |
CY2024Q2 | us-gaap |
Convertible Debt
ConvertibleDebt
|
236000 | usd |
CY2024Q1 | us-gaap |
Convertible Debt
ConvertibleDebt
|
110000 | usd |
CY2024Q2 | us-gaap |
Debt Instrument Unamortized Discount Noncurrent
DebtInstrumentUnamortizedDiscountNoncurrent
|
31824 | usd |
CY2024Q1 | us-gaap |
Debt Instrument Unamortized Discount Noncurrent
DebtInstrumentUnamortizedDiscountNoncurrent
|
15000 | usd |
CY2024Q2 | us-gaap |
Convertible Debt Current
ConvertibleDebtCurrent
|
204176 | usd |
CY2024Q1 | us-gaap |
Convertible Debt Current
ConvertibleDebtCurrent
|
95000 | usd |
CY2024Q2 | us-gaap |
Debt Instrument Unamortized Discount Premium Net
DebtInstrumentUnamortizedDiscountPremiumNet
|
0 | usd |
CY2023Q2 | us-gaap |
Debt Instrument Unamortized Discount Premium Net
DebtInstrumentUnamortizedDiscountPremiumNet
|
33720 | usd |
CY2024Q2 | us-gaap |
Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
|
26000 | usd |
CY2023Q2 | us-gaap |
Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
|
17350 | usd |
CY2024Q2 | us-gaap |
Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
|
9176 | usd |
CY2023Q2 | us-gaap |
Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
|
45248 | usd |
CY2023Q2 | us-gaap |
Notes Payable
NotesPayable
|
24750 | usd |
CY2023Q2 | us-gaap |
Long Term Notes Payable
LongTermNotesPayable
|
32400 | usd |
CY2023Q2 | us-gaap |
Notes And Loans Payable Current
NotesAndLoansPayableCurrent
|
24750 | usd |
CY2023Q2 | us-gaap |
Debt Instrument Increase Accrued Interest
DebtInstrumentIncreaseAccruedInterest
|
2729 | usd |
CY2024Q1 | us-gaap |
Notes Payable
NotesPayable
|
32400 | usd |
CY2024Q2 | us-gaap |
Debt Instrument Increase Accrued Interest
DebtInstrumentIncreaseAccruedInterest
|
2729 | usd |
CY2024Q2 | us-gaap |
Payments For Rent
PaymentsForRent
|
165 | usd |
CY2024Q2 | LBSR |
Lease Due Date
LeaseDueDate
|
2023-09-01 |