Lithium Corp (OTC: LTUM) is a mineral exploration company that holds lithium and energy metals properties in North America at the pre-revenue stage. The company generates no revenue, funding operations entirely through cash on hand, and reported $0 in revenue for both the twelve months ended December 31, 2025 and December 31, 2024. Its active exploration focus includes properties in British Columbia and the San Emidio property in Nevada's Fish Lake Valley. Operating expenses for FY2025 totaled $648,322, down from $753,425 in FY2024, with consulting fees ($462,000) and exploration expenses ($45,616) representing the largest cost categories. The net loss for FY2025 was $495,801, compared to $964,597 in FY2024. As of December 31, 2025, the company held approximately $2,481,204 in cash and reported a working capital surplus of $408,508. Tom Lewis serves as President, Treasurer, Secretary, and Director, receiving $300,000 in other compensation in FY2025. Altura Lithium Pty. Ltd. holds 8.47% of common shares as of the filing date.

Revenue model

No revenue. The company is pre-production and pre-revenue, financing operations from existing cash. There is no disclosed monetization model for its mineral properties.

Products and services

Mineral exploration properties targeting lithium and energy metals, including the Fish Lake Valley property in Nevada and properties in British Columbia. No mineral reserves have been established on any property per the 10-K filed 2026-03-31.

Customers and end markets

No customers. The company has not produced or sold any minerals. The intended end market is the lithium and energy metals supply chain, though no offtake or sales agreements are disclosed in the filing.

Value-chain role

Early-stage mineral exploration. The company conducts geological surveys, sediment and brine sampling, and drilling programs on its properties. It has not reached development, production, or sales stages.

Geographic exposure

United States (Fish Lake Valley, Nevada) and Canada (British Columbia), based on the 10-K filed 2026-03-31.

Source: SEC 10-K, filed 2026-03-31

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