2024 Q3 Form 10-Q Financial Statement
#000106299324015240 Filed on August 16, 2024
Income Statement
| Concept | 2024 Q3 | 2024 Q2 |
|---|---|---|
| Revenue | $0.00 | |
| YoY Change | ||
| Cost Of Revenue | ||
| YoY Change | ||
| Gross Profit | ||
| YoY Change | ||
| Gross Profit Margin | ||
| Selling, General & Admin | $1.311M | |
| YoY Change | 115.98% | |
| % of Gross Profit | ||
| Research & Development | $2.389M | |
| YoY Change | 10.65% | |
| % of Gross Profit | ||
| Depreciation & Amortization | $13.00K | |
| YoY Change | ||
| % of Gross Profit | ||
| Operating Expenses | $598.0K | |
| YoY Change | 15.89% | |
| Operating Profit | -$757.0K | -$645.0K |
| YoY Change | -66.05% | 2.06% |
| Interest Expense | $48.00K | $47.00K |
| YoY Change | -58.97% | -59.48% |
| % of Operating Profit | ||
| Other Income/Expense, Net | $394.0K | -$529.0K |
| YoY Change | -547.73% | -168.61% |
| Pretax Income | -$1.174M | |
| YoY Change | -944.6% | |
| Income Tax | ||
| % Of Pretax Income | ||
| Net Earnings | -$34.00K | -$961.0K |
| YoY Change | -98.53% | -791.37% |
| Net Earnings / Revenue | ||
| Basic Earnings Per Share | $0.00 | $0.00 |
| Diluted Earnings Per Share | $0.00 | $0.00 |
| COMMON SHARES | ||
| Basic Shares Outstanding | 385.9M shares | 382.8M shares |
| Diluted Shares Outstanding | 385.9M shares | 383.6M shares |
Balance Sheet
| Concept | 2024 Q3 | 2024 Q2 |
|---|---|---|
| SHORT-TERM ASSETS | ||
| Cash & Short-Term Investments | $8.318M | |
| YoY Change | 16.88% | |
| Cash & Equivalents | $5.487M | $8.318M |
| Short-Term Investments | ||
| Other Short-Term Assets | $97.00K | |
| YoY Change | -29.2% | |
| Inventory | ||
| Prepaid Expenses | ||
| Receivables | ||
| Other Receivables | $20.00K | $72.00K |
| Total Short-Term Assets | $5.617M | $8.487M |
| YoY Change | 10.64% | 16.92% |
| LONG-TERM ASSETS | ||
| Property, Plant & Equipment | $7.861M | |
| YoY Change | 4.23% | |
| Goodwill | ||
| YoY Change | ||
| Intangibles | ||
| YoY Change | ||
| Long-Term Investments | $894.0K | |
| YoY Change | -39.96% | |
| Other Assets | $9.000K | |
| YoY Change | -59.09% | |
| Total Long-Term Assets | $8.715M | $8.774M |
| YoY Change | -3.74% | -3.08% |
| TOTAL ASSETS | ||
| Total Short-Term Assets | $5.617M | $8.487M |
| Total Long-Term Assets | $8.715M | $8.774M |
| Total Assets | $14.33M | $17.26M |
| YoY Change | 1.42% | 5.82% |
| SHORT-TERM LIABILITIES | ||
| YoY Change | ||
| Accounts Payable | $665.0K | $721.0K |
| YoY Change | 79.25% | 55.39% |
| Accrued Expenses | ||
| YoY Change | ||
| Deferred Revenue | ||
| YoY Change | ||
| Short-Term Debt | $0.00 | |
| YoY Change | ||
| Long-Term Debt Due | $972.0K | |
| YoY Change | -54.22% | |
| Total Short-Term Liabilities | $6.033M | $9.076M |
| YoY Change | 5.21% | 29.92% |
| LONG-TERM LIABILITIES | ||
| Long-Term Debt | $19.00K | |
| YoY Change | -97.94% | |
| Other Long-Term Liabilities | ||
| YoY Change | ||
| Total Long-Term Liabilities | $8.000K | $19.00K |
| YoY Change | -99.23% | -97.94% |
| TOTAL LIABILITIES | ||
| Total Short-Term Liabilities | $6.033M | $9.076M |
| Total Long-Term Liabilities | $8.000K | $19.00K |
| Total Liabilities | $6.041M | $9.095M |
| YoY Change | -10.79% | 15.01% |
| SHAREHOLDERS EQUITY | ||
| Retained Earnings | -$129.9M | -$129.9M |
| YoY Change | 3.58% | 5.28% |
| Common Stock | $109.3M | $109.3M |
| YoY Change | 3.74% | 3.75% |
| Preferred Stock | ||
| YoY Change | ||
| Treasury Stock (at cost) | ||
| YoY Change | ||
| Treasury Stock Shares | ||
| Shareholders Equity | $4.108M | |
| YoY Change | ||
| Total Liabilities & Shareholders Equity | $14.33M | $17.26M |
| YoY Change | 1.42% | 5.82% |
Cashflow Statement
| Concept | 2024 Q3 | 2024 Q2 |
|---|---|---|
| OPERATING ACTIVITIES | ||
| Net Income | -$34.00K | -$961.0K |
| YoY Change | -98.53% | -791.37% |
| Depreciation, Depletion And Amortization | $13.00K | |
| YoY Change | ||
| Cash From Operating Activities | -$3.662M | |
| YoY Change | 13.69% | |
| INVESTING ACTIVITIES | ||
| Capital Expenditures | $0.00 | |
| YoY Change | -100.0% | |
| Acquisitions | ||
| YoY Change | ||
| Other Investing Activities | $0.00 | |
| YoY Change | -100.0% | |
| Cash From Investing Activities | $0.00 | |
| YoY Change | -100.0% | |
| FINANCING ACTIVITIES | ||
| Cash Dividend Paid | ||
| YoY Change | ||
| Common Stock Issuance & Retirement, Net | ||
| YoY Change | ||
| Debt Paid & Issued, Net | ||
| YoY Change | ||
| Cash From Financing Activities | 1.081M | |
| YoY Change | ||
| NET CHANGE | ||
| Cash From Operating Activities | -3.662M | |
| Cash From Investing Activities | 0.000 | |
| Cash From Financing Activities | 1.081M | |
| Net Change In Cash | -2.581M | |
| YoY Change | -25.83% | |
| FREE CASH FLOW | ||
| Cash From Operating Activities | -$3.662M | |
| Capital Expenditures | $0.00 | |
| Free Cash Flow | -$3.662M | |
| YoY Change | 5.2% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2024Q2 | us-gaap |
Mineral Properties Net
MineralPropertiesNet
|
7802000 | usd |
| CY2023Q4 | us-gaap |
Mineral Properties Net
MineralPropertiesNet
|
7647000 | usd |
| us-gaap |
Profit Loss
ProfitLoss
|
-3627000 | usd | |
| us-gaap |
Profit Loss
ProfitLoss
|
-1977000 | usd | |
| us-gaap |
Common Stock Shares Authorized Unlimited
CommonStockSharesAuthorizedUnlimited
|
Unlimited | ||
| CY2024Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
383558952 | shares |
| CY2023Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
313356224 | shares |
| us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
356660132 | shares | |
| us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
309567975 | shares | |
| CY2024Q2 | lcgmf |
Noncontrolling Interest Increase From Common Equity Issuance
NoncontrollingInterestIncreaseFromCommonEquityIssuance
|
900000 | usd |
| lcgmf |
Proceeds From Issuance Of Private Placement Fcc
ProceedsFromIssuanceOfPrivatePlacementFcc
|
0 | usd | |
| lcgmf |
Proceeds From Issuance Of Private Placement Fcc
ProceedsFromIssuanceOfPrivatePlacementFcc
|
2000000 | usd | |
| us-gaap |
Gain Loss On Derivative Instruments Net Pretax
GainLossOnDerivativeInstrumentsNetPretax
|
-399000 | usd | |
| CY2024Q1 | us-gaap |
Sale Of Stock Price Per Share
SaleOfStockPricePerShare
|
0.05625 | |
| CY2024Q1 | lcgmf |
Number Of Probable Contingent Warrants To Be Issued
NumberOfProbableContingentWarrantsToBeIssued
|
41707215 | shares |
