$LTUM
Lithium Corp Stock $ltum

$ltum Overview Financials Valuation SEC Filings Company Website

2024 Q2 Form 10-K Financial Statement

#000164033424000558 Filed on April 04, 2024

Income Statement

Concept	2024 Q2	2023 Q4	2023
Revenue	$0.00	$0.00	$0.00
YoY Change
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin		$113.5K	$553.3K
YoY Change		6.97%	-48.16%
% of Gross Profit
Research & Development		$6.880K	$50.33K
YoY Change		-89.6%	-68.54%
% of Gross Profit
Depreciation & Amortization	$1.833K	$1.830K	$7.330K
YoY Change	0.0%	0.0%	-0.03%
% of Gross Profit
Operating Expenses	$177.7K	$122.2K	$611.0K
YoY Change	41.4%	-29.79%	-50.51%
Operating Profit	-$177.7K		-$611.0K
YoY Change	41.4%		-50.51%
Interest Expense		-$25.50K	-$193.8K
YoY Change		-87.01%	-25.08%
% of Operating Profit
Other Income/Expense, Net	-$33.43K	$19.20K	$85.33K
YoY Change	32.22%	86.77%	-145.17%
Pretax Income	-$211.1K	-$27.26K	-$618.2K
YoY Change	39.86%	-92.43%	-56.57%
Income Tax	$0.00	$0.00	$0.00
% Of Pretax Income
Net Earnings	-$211.1K	-$27.26K	-$618.2K
YoY Change	39.86%	-92.43%	-56.57%
Net Earnings / Revenue
Basic Earnings Per Share
Diluted Earnings Per Share		$0.00	-$0.01
COMMON SHARES
Basic Shares Outstanding	117.9M shares	117.7M shares
Diluted Shares Outstanding

Balance Sheet

Concept	2024 Q2	2023 Q4	2023
SHORT-TERM ASSETS
Cash & Short-Term Investments	$3.566M	$4.000M	$4.000M
YoY Change	-7.9%	1.28%	1.26%
Cash & Equivalents	$3.391M	$3.668M
Short-Term Investments	$175.1K	$332.8K	$332.8K
Other Short-Term Assets	$8.350K	$22.85K	$22.85K
YoY Change	-55.49%	-39.6%	-39.6%
Inventory
Prepaid Expenses	$8.350K	$22.85K
Receivables
Other Receivables
Total Short-Term Assets	$3.575M	$4.023M	$4.023M
YoY Change	-8.13%	0.87%	0.87%
LONG-TERM ASSETS
Property, Plant & Equipment	$17.32K	$20.99K	$20.99K
YoY Change	-29.74%	-25.88%	-25.88%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets
YoY Change
Total Long-Term Assets	$17.32K	$20.99K	$20.99K
YoY Change	-29.74%	-25.88%	-25.86%
TOTAL ASSETS
Total Short-Term Assets	$3.575M	$4.023M	$4.023M
Total Long-Term Assets	$17.32K	$20.99K	$20.99K
Total Assets	$3.592M	$4.044M	$4.044M
YoY Change	-8.27%	0.68%	0.68%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$62.06K	$34.88K	$34.88K
YoY Change	143.37%	11.37%	11.37%
Accrued Expenses
YoY Change
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	$2.253M	$2.226M	$2.226M
YoY Change	11.27%	9.62%	9.62%
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	$2.253M	$2.226M	$2.226M
Total Long-Term Liabilities	$0.00	$0.00	$0.00
Total Liabilities	$2.253M	$2.226M	$2.226M
YoY Change	11.27%	9.62%	9.62%
SHAREHOLDERS EQUITY
Retained Earnings	-$9.108M	-$8.574M
YoY Change	8.75%	7.77%
Common Stock	$117.9K	$117.9K
YoY Change	1.55%	3.69%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$1.339M	$1.818M	$1.818M
YoY Change
Total Liabilities & Shareholders Equity	$3.592M	$4.044M	$4.044M
YoY Change	-8.27%	0.68%	0.68%

Cashflow Statement

Concept	2024 Q2	2023 Q4	2023
OPERATING ACTIVITIES
Net Income	-$211.1K	-$27.26K	-$618.2K
YoY Change	39.86%	-92.43%	-56.57%
Depreciation, Depletion And Amortization	$1.833K	$1.830K	$7.330K
YoY Change	0.0%	0.0%	-0.03%
Cash From Operating Activities	-$149.1K	-$118.4K	-$430.4K
YoY Change	41.61%	-30.34%	-7.74%
INVESTING ACTIVITIES
Capital Expenditures		$0.00	$0.00
YoY Change			-100.0%
Acquisitions
YoY Change
Other Investing Activities	$0.00	$0.00	$140.1K
YoY Change	-100.0%	-100.0%	-22.16%
Cash From Investing Activities	$0.00	$0.00	$140.1K
YoY Change	-100.0%	-100.0%	-2.94%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net			$381.1K
YoY Change			-76.99%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	0.000	46.78K	381.1K
YoY Change	-100.0%	-84.77%	-76.99%
NET CHANGE
Cash From Operating Activities	-149.1K	-118.4K	-430.4K
Cash From Investing Activities	0.000	0.000	140.1K
Cash From Financing Activities	0.000	46.78K	381.1K
Net Change In Cash	-149.1K	-71.60K	90.70K
YoY Change	109.99%	-147.03%	-93.2%
FREE CASH FLOW
Cash From Operating Activities	-$149.1K	-$118.4K	-$430.4K
Capital Expenditures		$0.00	$0.00
Free Cash Flow		-$118.4K	-$430.4K
YoY Change		-30.34%	-14.29%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2021Q3	ltum	Monthly Rental MonthlyRental	500	usd
CY2023	dei	Entity Central Index Key EntityCentralIndexKey	0001415332
CY2023	dei	Amendment Flag AmendmentFlag	false
CY2023	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
CY2023	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	FY
CY2023	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2023
CY2023	dei	Document Fin Stmt Error Correction Flag DocumentFinStmtErrorCorrectionFlag	false
CY2022Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.001
CY2022Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	3000000000	shares
CY2023	dei	Document Type DocumentType	10-K
CY2023	dei	Document Annual Report DocumentAnnualReport	true
CY2023	dei	Document Period End Date DocumentPeriodEndDate	2023-12-31
CY2023	dei	Document Transition Report DocumentTransitionReport	false
CY2023	dei	Entity File Number EntityFileNumber	000-54332
CY2023	dei	Entity Registrant Name EntityRegistrantName	LITHIUM CORPORATION
CY2023	dei	Entity Incorporation State Country Code EntityIncorporationStateCountryCode	NV
CY2023	dei	Entity Tax Identification Number EntityTaxIdentificationNumber	98-0530295
CY2023	dei	Entity Address Address Line1 EntityAddressAddressLine1	1031 Railroad St
CY2023	dei	Entity Address Address Line2 EntityAddressAddressLine2	Suite 102B.
CY2023	dei	Entity Address City Or Town EntityAddressCityOrTown	Elko
CY2023	dei	Entity Address State Or Province EntityAddressStateOrProvince	NV
CY2023	dei	Entity Address Postal Zip Code EntityAddressPostalZipCode	89801
CY2023	dei	City Area Code CityAreaCode	775
CY2023	dei	Local Phone Number LocalPhoneNumber	410-5287
CY2023	dei	Security12g Title Security12gTitle	Common Stock, $0.001 par value
CY2023	dei	Entity Well Known Seasoned Issuer EntityWellKnownSeasonedIssuer	No
CY2023	dei	Entity Voluntary Filers EntityVoluntaryFilers	No
CY2023	dei	Entity Current Reporting Status EntityCurrentReportingStatus	Yes
CY2023	dei	Entity Interactive Data Current EntityInteractiveDataCurrent	Yes
CY2023	dei	Icfr Auditor Attestation Flag IcfrAuditorAttestationFlag	false
CY2023	dei	Entity Filer Category EntityFilerCategory	Non-accelerated Filer
CY2023	dei	Entity Small Business EntitySmallBusiness	true
CY2023	dei	Entity Emerging Growth Company EntityEmergingGrowthCompany	false
CY2023	dei	Entity Shell Company EntityShellCompany	false
CY2023Q2	dei	Entity Public Float EntityPublicFloat	10363102	usd
CY2024Q2	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	117892441	shares
CY2023	dei	Auditor Firm AuditorFirmId	2738
CY2023	dei	Auditor Name AuditorName	M&K CPAS, PLLC
CY2023	dei	Auditor Location AuditorLocation	The Woodlands, TX
CY2023Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	3667617	usd
CY2022Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	3576911	usd
CY2023Q4	us-gaap	Marketable Securities Current MarketableSecuritiesCurrent	332082	usd
CY2022Q4	us-gaap	Marketable Securities Current MarketableSecuritiesCurrent	372972	usd
CY2023Q4	us-gaap	Deposits Assets Current DepositsAssetsCurrent	700	usd
CY2022Q4	us-gaap	Deposits Assets Current DepositsAssetsCurrent	700	usd
CY2023Q4	us-gaap	Prepaid Expense Current PrepaidExpenseCurrent	22850	usd
CY2022Q4	us-gaap	Prepaid Expense Current PrepaidExpenseCurrent	37832	usd
CY2023Q4	us-gaap	Assets Current AssetsCurrent	4023249	usd
CY2022Q4	us-gaap	Assets Current AssetsCurrent	3988415	usd
CY2023Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	20986	usd
CY2022Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	28318	usd
CY2023Q4	us-gaap	Assets Assets	4044235	usd
CY2022Q4	us-gaap	Assets Assets	4016733	usd
CY2023Q4	us-gaap	Accounts Payable And Accrued Liabilities Current AccountsPayableAndAccruedLiabilitiesCurrent	8386	usd
CY2022Q4	us-gaap	Accounts Payable And Accrued Liabilities Current AccountsPayableAndAccruedLiabilitiesCurrent	5598	usd
CY2023Q4	ltum	Accounts Payable And Accrued Liabilities Related Party AccountsPayableAndAccruedLiabilitiesRelatedParty	26489	usd
CY2022Q4	ltum	Accounts Payable And Accrued Liabilities Related Party AccountsPayableAndAccruedLiabilitiesRelatedParty	25718	usd
CY2023Q4	ltum	Allowance For Optioned Properties AllowanceForOptionedProperties	2191102	usd
CY2022Q4	ltum	Allowance For Optioned Properties AllowanceForOptionedProperties	1999364	usd
CY2023Q4	us-gaap	Liabilities Current LiabilitiesCurrent	2225977	usd
CY2022Q4	us-gaap	Liabilities Current LiabilitiesCurrent	2030680	usd
CY2023Q4	us-gaap	Liabilities Liabilities	2225977	usd
CY2022Q4	us-gaap	Liabilities Liabilities	2030680	usd
CY2023Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	3000000000	shares
CY2023Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.001
CY2023Q4	us-gaap	Common Stock Value CommonStockValue	117893	usd
CY2022Q4	us-gaap	Common Stock Value CommonStockValue	113693	usd
CY2023Q4	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	8948385	usd
CY2022Q4	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	8571524	usd
CY2023Q4	ltum	Additional Paid In Capital Options AdditionalPaidInCapitalOptions	957247	usd
CY2022Q4	ltum	Additional Paid In Capital Options AdditionalPaidInCapitalOptions	887910	usd
CY2023Q4	ltum	Additional Paid In Capital Warrants AdditionalPaidInCapitalWarrants	369115	usd
CY2022Q4	ltum	Additional Paid In Capital Warrants AdditionalPaidInCapitalWarrants	369115	usd
CY2023Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-8574382	usd
CY2022Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-7956189	usd
CY2023Q4	us-gaap	Stockholders Equity StockholdersEquity	1818258	usd
CY2022Q4	us-gaap	Stockholders Equity StockholdersEquity	1986053	usd
CY2023Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	4044235	usd
CY2022Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	4016733	usd
CY2023	us-gaap	Revenues Revenues	0	usd
CY2022	us-gaap	Revenues Revenues	0	usd
CY2023	us-gaap	Professional Fees ProfessionalFees	61818	usd
CY2022	us-gaap	Professional Fees ProfessionalFees	57740	usd
CY2023	us-gaap	Depreciation Depreciation	7332	usd
CY2022	us-gaap	Depreciation Depreciation	7332	usd
CY2023	us-gaap	Exploration Expense ExplorationExpense	50334	usd
CY2022	us-gaap	Exploration Expense ExplorationExpense	159967	usd
CY2023	ltum	Consulting Fees Related Party ConsultingFeesRelatedParty	127337	usd
CY2022	ltum	Consulting Fees Related Party ConsultingFeesRelatedParty	459772	usd
CY2023	ltum	Consulting Fees ConsultingFees	288000	usd
CY2022	ltum	Consulting Fees ConsultingFees	474425	usd
CY2023	ltum	Transfer Agent And Filing Fees TransferAgentAndFilingFees	32856	usd
CY2022	ltum	Transfer Agent And Filing Fees TransferAgentAndFilingFees	26679	usd
CY2023	us-gaap	Travel And Entertainment Expense TravelAndEntertainmentExpense	7748	usd
CY2022	us-gaap	Travel And Entertainment Expense TravelAndEntertainmentExpense	16085	usd
CY2023	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	35549	usd
CY2022	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	32619	usd
CY2023	us-gaap	Operating Expenses OperatingExpenses	610974	usd
CY2022	us-gaap	Operating Expenses OperatingExpenses	1234619	usd
CY2023	us-gaap	Operating Income Loss OperatingIncomeLoss	-610974	usd
CY2022	us-gaap	Operating Income Loss OperatingIncomeLoss	-1234619	usd
CY2023	us-gaap	Marketable Securities Gain Loss MarketableSecuritiesGainLoss	0	usd
CY2022	us-gaap	Marketable Securities Gain Loss MarketableSecuritiesGainLoss	0	usd
CY2023	ltum	Change In Fair Value Of Marketable Securities Other ChangeInFairValueOfMarketableSecuritiesOther	-199611	usd
CY2022	ltum	Change In Fair Value Of Marketable Securities Other ChangeInFairValueOfMarketableSecuritiesOther	-258689	usd
CY2023	us-gaap	Other Income OtherIncome	75327	usd
CY2022	us-gaap	Other Income OtherIncome	10284	usd
CY2023	ltum	Gain On Return Of Mineral Property GainOnReturnOfMineralProperty	101260	usd
CY2022	ltum	Gain On Return Of Mineral Property GainOnReturnOfMineralProperty	0	usd
CY2023	us-gaap	Marketable Securities Realized Gain Loss MarketableSecuritiesRealizedGainLoss	5805	usd
CY2022	us-gaap	Marketable Securities Realized Gain Loss MarketableSecuritiesRealizedGainLoss	0	usd
CY2023	us-gaap	Other Nonoperating Asset Related Income OtherNonoperatingAssetRelatedIncome	10000	usd
CY2022	us-gaap	Other Nonoperating Asset Related Income OtherNonoperatingAssetRelatedIncome	59500	usd
CY2023	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-7219	usd
CY2022	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-188905	usd
CY2023	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	-618193	usd
CY2022	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	-1423524	usd
CY2023	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	0	usd
CY2022	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	0	usd
CY2023	us-gaap	Net Income Loss NetIncomeLoss	-618193	usd
CY2022	us-gaap	Net Income Loss NetIncomeLoss	-1423524	usd
CY2023	ltum	Other Comprehensive Income Loss Fair Value Of Marketable Securities Net Of Tax OtherComprehensiveIncomeLossFairValueOfMarketableSecuritiesNetOfTax	0	usd
CY2022	ltum	Other Comprehensive Income Loss Fair Value Of Marketable Securities Net Of Tax OtherComprehensiveIncomeLossFairValueOfMarketableSecuritiesNetOfTax	0	usd
CY2023	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	-618193	usd
CY2022	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	-1423524	usd
CY2023	ltum	Net Loss Per Share Basic And Diluted NetLossPerShareBasicAndDiluted	-0.01
CY2022	ltum	Net Loss Per Share Basic And Diluted NetLossPerShareBasicAndDiluted	-0.01
CY2023	ltum	Weighted Average Number Of Shares Outstanding Basic And Diluted WeightedAverageNumberOfSharesOutstandingBasicAndDiluted	116108879	shares
CY2022	ltum	Weighted Average Number Of Shares Outstanding Basic And Diluted WeightedAverageNumberOfSharesOutstandingBasicAndDiluted	107814085	shares
CY2021Q4	us-gaap	Stockholders Equity StockholdersEquity	1057180	usd
CY2022	us-gaap	Stock Issued During Period Value New Issues StockIssuedDuringPeriodValueNewIssues	1656000	usd
CY2022	us-gaap	Share Based Compensation ShareBasedCompensation	696397	usd
CY2022	us-gaap	Net Income Loss NetIncomeLoss	-1423524	usd
CY2022Q4	us-gaap	Stockholders Equity StockholdersEquity	1986053	usd
CY2023	us-gaap	Stock Issued During Period Value New Issues StockIssuedDuringPeriodValueNewIssues	381061	usd
CY2023	us-gaap	Share Based Compensation ShareBasedCompensation	69337	usd
CY2023	us-gaap	Net Income Loss NetIncomeLoss	-618193	usd
CY2023Q4	us-gaap	Stockholders Equity StockholdersEquity	1818258	usd
CY2023	us-gaap	Profit Loss ProfitLoss	-618193	usd
CY2022	us-gaap	Profit Loss ProfitLoss	-1423524	usd
CY2023	ltum	Change In Fair Value Of Marketable Securities Other ChangeInFairValueOfMarketableSecuritiesOther	-199611	usd
CY2022	ltum	Change In Fair Value Of Marketable Securities Other ChangeInFairValueOfMarketableSecuritiesOther	-258689	usd
CY2023	us-gaap	Depreciation Depreciation	7332	usd
CY2022	us-gaap	Depreciation Depreciation	7332	usd
CY2023	us-gaap	Share Based Compensation ShareBasedCompensation	69337	usd
CY2022	us-gaap	Share Based Compensation ShareBasedCompensation	696397	usd
CY2023	ltum	Gain Loss On Sale Of Marketable Securities GainLossOnSaleOfMarketableSecurities	-5805	usd
CY2022	ltum	Gain Loss On Sale Of Marketable Securities GainLossOnSaleOfMarketableSecurities	246	usd
CY2023	us-gaap	Gain Loss On Sale Of Property GainLossOnSaleOfProperty	-101260	usd
CY2022	us-gaap	Gain Loss On Sale Of Property GainLossOnSaleOfProperty	0	usd
CY2023	us-gaap	Increase Decrease In Prepaid Expense IncreaseDecreaseInPrepaidExpense	14982	usd
CY2022	us-gaap	Increase Decrease In Prepaid Expense IncreaseDecreaseInPrepaidExpense	-16028	usd
CY2023	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	3559	usd
CY2022	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	10360	usd
CY2023	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-430437	usd
CY2022	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-466528	usd
CY2023	us-gaap	Proceeds From Sale Of Property Plant And Equipment ProceedsFromSaleOfPropertyPlantAndEquipment	125000	usd
CY2022	us-gaap	Proceeds From Sale Of Property Plant And Equipment ProceedsFromSaleOfPropertyPlantAndEquipment	165000	usd
CY2023	us-gaap	Proceeds From Sale And Maturity Of Marketable Securities ProceedsFromSaleAndMaturityOfMarketableSecurities	15082	usd
CY2022	us-gaap	Proceeds From Sale And Maturity Of Marketable Securities ProceedsFromSaleAndMaturityOfMarketableSecurities	14968	usd
CY2023	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	0	usd
CY2022	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	35650	usd
CY2023	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	140082	usd
CY2022	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	144318	usd
CY2023	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	381061	usd
CY2022	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	1656000	usd
CY2023	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	381061	usd
CY2022	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	1656000	usd
CY2023	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect	90706	usd
CY2022	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect	1333790	usd
CY2022Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	3576911	usd
CY2021Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	2243121	usd
CY2023Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	3667617	usd
CY2022Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	3576911	usd
CY2023	us-gaap	Interest Paid Net InterestPaidNet	0	usd
CY2022	us-gaap	Interest Paid Net InterestPaidNet	0	usd
CY2023	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	0	usd
CY2022	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	0	usd
CY2023	ltum	Marketable Securities Received As Consideration For Mineral Property Option MarketableSecuritiesReceivedAsConsiderationForMineralPropertyOption	167968	usd
CY2022	ltum	Marketable Securities Received As Consideration For Mineral Property Option MarketableSecuritiesReceivedAsConsiderationForMineralPropertyOption	253394	usd
CY2023	us-gaap	Proceeds From Operating Activities ProceedsFromOperatingActivities	430437	usd
CY2022	us-gaap	Proceeds From Operating Activities ProceedsFromOperatingActivities	466528	usd
CY2022Q4	us-gaap	Marketable Securities MarketableSecurities	372972	usd
CY2023	ltum	Acquisitions Marketable Securities AcquisitionsMarketableSecurities	167998	usd
CY2023	ltum	Disposals To Marketable Securities DisposalsToMarketableSecurities	-9277	usd
CY2023	us-gaap	Assets Fair Value Adjustment AssetsFairValueAdjustment	-199611	usd
CY2023Q4	us-gaap	Marketable Securities MarketableSecurities	332082	usd
CY2023Q4	us-gaap	Accrued Professional Fees Current AccruedProfessionalFeesCurrent	5500	usd
CY2022Q4	us-gaap	Accrued Professional Fees Current AccruedProfessionalFeesCurrent	0	usd
CY2023Q4	us-gaap	Prepaid Expense Other Noncurrent PrepaidExpenseOtherNoncurrent	15150	usd
CY2022Q4	us-gaap	Prepaid Expense Other Noncurrent PrepaidExpenseOtherNoncurrent	14918	usd
CY2023Q4	ltum	Transfer Agent Fees TransferAgentFees	2200	usd
CY2022Q4	ltum	Transfer Agent Fees TransferAgentFees	18413	usd
CY2023Q4	us-gaap	Prepaid Expense Current PrepaidExpenseCurrent	22850	usd
CY2022Q4	us-gaap	Prepaid Expense Current PrepaidExpenseCurrent	37832	usd
CY2023Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	3000000000	shares
CY2023Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.001
CY2022	ltum	Stock Issued During Period Shares StockIssuedDuringPeriodShares	10200000	shares
CY2022	ltum	Stock Issued During Period Amount StockIssuedDuringPeriodAmount	1656000	usd
CY2023	ltum	Stock Issued During Period Shares StockIssuedDuringPeriodShares	4400000	shares
CY2023	ltum	Stock Issued During Period Amount StockIssuedDuringPeriodAmount	381061	usd
CY2022Q2	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross	3700000	shares
CY2022Q2	us-gaap	Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2 SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2	P5Y
CY2022Q2	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	696397	usd
CY2022Q2	us-gaap	Stock Issued During Period Shares Issued For Services StockIssuedDuringPeriodSharesIssuedForServices	1600000	shares
CY2023Q1	us-gaap	Class Of Warrant Or Right Exercise Price Of Warrants Or Rights1 ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1	0.10
CY2023	us-gaap	Stock Option Plan Expense StockOptionPlanExpense	69337	usd
CY2022	ltum	Risk Free Interest Rate RiskFreeInterestRate	0.028	pure
CY2023	ltum	Stock Expected Dividend Yield StockExpectedDividendYield	0	pure
CY2022	ltum	Stock Expected Dividend Yield StockExpectedDividendYield	0	pure
CY2022Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber	3700000	shares
CY2022Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice	0.22
CY2021Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice	0
CY2023	us-gaap	Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice	0
CY2022	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross	3700000	shares
CY2022	us-gaap	Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice	0.22
CY2023	ltum	Weighted Average Exercise Price Repricing WeightedAverageExercisePriceRepricing	-0.12
CY2022	ltum	Weighted Average Exercise Price Repricing WeightedAverageExercisePriceRepricing	0
CY2023Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber	3700000	shares
CY2023Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice	0.10
CY2022Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber	3700000	shares
CY2022Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice	0.22
CY2023Q4	ltum	Intrinsic Value Of The Stock Options IntrinsicValueOfTheStockOptions	0	usd
CY2023	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	69337	usd
CY2022	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	696397	usd
CY2023Q4	ltum	Stock Option Plan Exercisable StockOptionPlanExercisable	3700000	usd
CY2022Q4	ltum	Stock Option Plan Exercisable StockOptionPlanExercisable	3700000	usd
CY2023Q4	ltum	Amount Paid On Signing Loi AmountPaidOnSigningLoi	375000	usd
CY2023Q4	ltum	Common Stock Shares Issue CommonStockSharesIssue	55560526	shares
CY2023Q4	ltum	Expenditure In Exploration ExpenditureInExploration	1916631	usd
CY2022Q2	us-gaap	Operating Lease Liability OperatingLeaseLiability	274471	usd
CY2023	ltum	Consulting Fees Related Party1 ConsultingFeesRelatedParty1	288000	usd
CY2023	ltum	Exploration Cost ExplorationCost	37280	usd
CY2023	ltum	Stock Option Compensation Expenses StockOptionCompensationExpenses	204000	usd
CY2022	ltum	Stock Option Compensation Expenses StockOptionCompensationExpenses	255772	usd
CY2023	ltum	Rent Fees RentFees	6000	usd
CY2022	ltum	Rent Fees RentFees	6000	usd
CY2023Q4	ltum	Related Parties Due RelatedPartiesDue	22490	usd
CY2023Q4	us-gaap	Operating Loss Carryforwards OperatingLossCarryforwards	8675000	usd
CY2023	ltum	Net Operating Loss Carry Forwards Expiration Year Descriptions NetOperatingLossCarryForwardsExpirationYearDescriptions	through 2034
CY2023	us-gaap	Current Federal Tax Expense Benefit CurrentFederalTaxExpenseBenefit	151085	usd
CY2022	us-gaap	Current Federal Tax Expense Benefit CurrentFederalTaxExpenseBenefit	298830	usd
CY2023	us-gaap	Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance	-151085	usd
CY2022	us-gaap	Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance	-298830	usd
CY2023	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	0	usd
CY2022	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	0	usd
CY2023	us-gaap	Effective Income Tax Rate Reconciliation Nondeductible Expense Other EffectiveIncomeTaxRateReconciliationNondeductibleExpenseOther	0.21	pure
CY2022	us-gaap	Effective Income Tax Rate Reconciliation Nondeductible Expense Other EffectiveIncomeTaxRateReconciliationNondeductibleExpenseOther	0.21	pure
CY2023Q4	us-gaap	Deferred Tax Assets Operating Loss Carryforwards DeferredTaxAssetsOperatingLossCarryforwards	1821679	usd
CY2022Q4	us-gaap	Deferred Tax Assets Operating Loss Carryforwards DeferredTaxAssetsOperatingLossCarryforwards	1670594	usd
CY2023Q4	us-gaap	Deferred Tax Assets Valuation Allowance DeferredTaxAssetsValuationAllowance	1821679	usd
CY2022Q4	us-gaap	Deferred Tax Assets Valuation Allowance DeferredTaxAssetsValuationAllowance	1670594	usd
CY2023Q4	us-gaap	Deferred Tax Assets Net DeferredTaxAssetsNet	0	usd
CY2022Q4	us-gaap	Deferred Tax Assets Net DeferredTaxAssetsNet	0	usd
CY2023	us-gaap	Income Tax Reconciliation State And Local Income Taxes IncomeTaxReconciliationStateAndLocalIncomeTaxes	8675000	usd

Files In Submission

Name	View Source	Status
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0001640334-24-000558-index.html	Edgar Link	pending
0001640334-24-000558.txt	Edgar Link	pending
0001640334-24-000558-xbrl.zip	Edgar Link	pending
Financial_Report.xlsx	Edgar Link	pending
ltum-20231231.xsd	Edgar Link	pending
ltum_10k.htm	Edgar Link	pending
ltum_10kimg2.jpg	Edgar Link	pending
MetaLinks.json	Edgar Link	pending
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ltum_10k_htm.xml	Edgar Link	completed
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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
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R5.htm	Edgar Link	pending
R6.htm	Edgar Link	pending
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R9.htm	Edgar Link	pending
report.css	Edgar Link	pending
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ltum-20231231_lab.xml	Edgar Link	unprocessable
ltum-20231231_pre.xml	Edgar Link	unprocessable

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2024 Q2 Form 10-K Financial Statement

#000164033424000558 Filed on April 04, 2024

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$LTUM Lithium Corp Stock $ltum

2024 Q2 Form 10-K Financial Statement

#000164033424000558 Filed on April 04, 2024

Income Statement

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Files In Submission

$LTUM
Lithium Corp Stock $ltum