$LTUM
Lithium Corp Stock $ltum

$ltum Overview Financials Valuation SEC Filings Company Website

2024 Q3 Form 10-Q Financial Statement

#000164033424001316 Filed on August 19, 2024

Income Statement

Concept	2024 Q3	2024 Q2
Revenue	$0.00	$0.00
YoY Change
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$1.833K	$1.833K
YoY Change	0.0%	0.0%
% of Gross Profit
Operating Expenses	$201.3K	$177.7K
YoY Change	19.65%	41.4%
Operating Profit	-$201.3K	-$177.7K
YoY Change	19.65%	41.4%
Interest Expense
YoY Change
% of Operating Profit
Other Income/Expense, Net	-$77.82K	-$33.43K
YoY Change	2056.87%	32.22%
Pretax Income	-$279.1K	-$211.1K
YoY Change	62.43%	39.86%
Income Tax	$0.00	$0.00
% Of Pretax Income
Net Earnings	-$279.1K	-$211.1K
YoY Change	62.43%	39.86%
Net Earnings / Revenue
Basic Earnings Per Share	$0.00
Diluted Earnings Per Share
COMMON SHARES
Basic Shares Outstanding	117.9M shares	117.9M shares
Diluted Shares Outstanding

Balance Sheet

Concept	2024 Q3	2024 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments	$3.273M	$3.566M
YoY Change	-20.1%	-7.9%
Cash & Equivalents	$3.196M	$3.391M
Short-Term Investments	$77.61K	$175.1K
Other Short-Term Assets		$8.350K
YoY Change		-55.49%
Inventory
Prepaid Expenses	$4.050K	$8.350K
Receivables
Other Receivables
Total Short-Term Assets	$3.278M	$3.575M
YoY Change	-20.14%	-8.13%
LONG-TERM ASSETS
Property, Plant & Equipment	$15.49K	$17.32K
YoY Change	-32.13%	-29.74%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets
YoY Change
Total Long-Term Assets	$15.49K	$17.32K
YoY Change	-32.13%	-29.74%
TOTAL ASSETS
Total Short-Term Assets	$3.278M	$3.575M
Total Long-Term Assets	$15.49K	$17.32K
Total Assets	$3.293M	$3.592M
YoY Change	-20.2%	-8.27%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable		$62.06K
YoY Change		143.37%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt		$0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$2.234M	$2.253M
YoY Change	-4.07%	11.27%
LONG-TERM LIABILITIES
Long-Term Debt		$0.00
YoY Change
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities		$0.00
YoY Change
TOTAL LIABILITIES
Total Short-Term Liabilities	$2.234M	$2.253M
Total Long-Term Liabilities		$0.00
Total Liabilities	$2.234M	$2.253M
YoY Change	-4.07%	11.27%
SHAREHOLDERS EQUITY
Retained Earnings	-$9.387M	-$9.108M
YoY Change	9.83%	8.75%
Common Stock	$117.9K	$117.9K
YoY Change	0.68%	1.55%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$1.060M	$1.339M
YoY Change
Total Liabilities & Shareholders Equity	$3.293M	$3.592M
YoY Change	-20.2%	-8.27%

Cashflow Statement

Concept	2024 Q3	2024 Q2
OPERATING ACTIVITIES
Net Income	-$279.1K	-$211.1K
YoY Change	62.43%	39.86%
Depreciation, Depletion And Amortization	$1.833K	$1.833K
YoY Change	0.0%	0.0%
Cash From Operating Activities		-$149.1K
YoY Change		41.61%
INVESTING ACTIVITIES
Capital Expenditures
YoY Change
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		0.000
YoY Change		-100.0%
NET CHANGE
Cash From Operating Activities		-149.1K
Cash From Investing Activities		0.000
Cash From Financing Activities		0.000
Net Change In Cash		-149.1K
YoY Change		109.99%
FREE CASH FLOW
Cash From Operating Activities		-$149.1K
Capital Expenditures
Free Cash Flow
YoY Change

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	0	usd
	dei	Entity Central Index Key EntityCentralIndexKey	0001415332
	dei	Amendment Flag AmendmentFlag	false
	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q2
	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2024
CY2023Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.001
CY2023Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	3000000000	shares
CY2022Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice	0
CY2024Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice	0.04
	dei	Document Type DocumentType	10-Q
	dei	Document Quarterly Report DocumentQuarterlyReport	true
	dei	Document Period End Date DocumentPeriodEndDate	2024-06-30
	dei	Document Transition Report DocumentTransitionReport	false
	dei	Entity File Number EntityFileNumber	000-54332
	dei	Entity Registrant Name EntityRegistrantName	LITHIUM CORPORATION
	dei	Entity Incorporation State Country Code EntityIncorporationStateCountryCode	NV
	dei	Entity Tax Identification Number EntityTaxIdentificationNumber	98-0530295
	dei	Entity Address Address Line1 EntityAddressAddressLine1	1031 Railroad St
	dei	Entity Address Address Line2 EntityAddressAddressLine2	Ste. 102B
	dei	Entity Address City Or Town EntityAddressCityOrTown	Elko
	dei	Entity Address State Or Province EntityAddressStateOrProvince	NV
	dei	Entity Address Postal Zip Code EntityAddressPostalZipCode	89801
	dei	City Area Code CityAreaCode	775
	dei	Local Phone Number LocalPhoneNumber	410-5287
	dei	Security12b Title Security12bTitle	Common Stock
	dei	Trading Symbol TradingSymbol	LTUM
	dei	Entity Current Reporting Status EntityCurrentReportingStatus	Yes
	dei	Entity Interactive Data Current EntityInteractiveDataCurrent	Yes
	dei	Entity Filer Category EntityFilerCategory	Non-accelerated Filer
	dei	Entity Small Business EntitySmallBusiness	true
	dei	Entity Emerging Growth Company EntityEmergingGrowthCompany	false
	dei	Entity Shell Company EntityShellCompany	false
CY2024Q3	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	117892441	shares
CY2024Q2	us-gaap	Revenues Revenues	0	usd
CY2023Q2	us-gaap	Revenues Revenues	0	usd
	us-gaap	Revenues Revenues	0	usd
	us-gaap	Revenues Revenues	0	usd
CY2024Q2	us-gaap	Professional Fees ProfessionalFees	12138	usd
CY2023Q2	us-gaap	Professional Fees ProfessionalFees	24023	usd
	us-gaap	Professional Fees ProfessionalFees	35976	usd
	us-gaap	Professional Fees ProfessionalFees	35526	usd
CY2024Q2	us-gaap	Depreciation Depreciation	1833	usd
CY2023Q2	us-gaap	Depreciation Depreciation	1833	usd
	us-gaap	Depreciation Depreciation	3666	usd
	us-gaap	Depreciation Depreciation	3666	usd
CY2024Q2	us-gaap	Exploration Expense ExplorationExpense	55475	usd
CY2023Q2	us-gaap	Exploration Expense ExplorationExpense	4798	usd
	us-gaap	Exploration Expense ExplorationExpense	105032	usd
	us-gaap	Exploration Expense ExplorationExpense	8577	usd
CY2024Q2	ltum	Consulting Fees Related Party ConsultingFeesRelatedParty	72000	usd
CY2023Q2	ltum	Consulting Fees Related Party ConsultingFeesRelatedParty	68000	usd
	ltum	Consulting Fees Related Party ConsultingFeesRelatedParty	144000	usd
	ltum	Consulting Fees Related Party ConsultingFeesRelatedParty	169984	usd
CY2024Q2	ltum	Consulting Fees ConsultingFees	15000	usd
CY2023Q2	ltum	Consulting Fees ConsultingFees	12800	usd
	ltum	Consulting Fees ConsultingFees	84392	usd
	ltum	Consulting Fees ConsultingFees	65953	usd
CY2024Q2	ltum	Transfer Agent And Filing Fees TransferAgentAndFilingFees	6138	usd
CY2023Q2	ltum	Transfer Agent And Filing Fees TransferAgentAndFilingFees	4812	usd
	ltum	Transfer Agent And Filing Fees TransferAgentAndFilingFees	11163	usd
	ltum	Transfer Agent And Filing Fees TransferAgentAndFilingFees	13198	usd
CY2024Q2	us-gaap	Travel And Entertainment Expense TravelAndEntertainmentExpense	3333	usd
CY2023Q2	us-gaap	Travel And Entertainment Expense TravelAndEntertainmentExpense	1511	usd
	us-gaap	Travel And Entertainment Expense TravelAndEntertainmentExpense	13206	usd
	us-gaap	Travel And Entertainment Expense TravelAndEntertainmentExpense	2596	usd
CY2024Q2	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	11749	usd
CY2023Q2	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	7868	usd
	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	17719	usd
	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	21034	usd
CY2024Q2	us-gaap	Operating Expenses OperatingExpenses	177666	usd
CY2023Q2	us-gaap	Operating Expenses OperatingExpenses	125645	usd
	us-gaap	Operating Expenses OperatingExpenses	415154	usd
	us-gaap	Operating Expenses OperatingExpenses	320534	usd
CY2024Q2	us-gaap	Operating Income Loss OperatingIncomeLoss	-177666	usd
CY2023Q2	us-gaap	Operating Income Loss OperatingIncomeLoss	-125645	usd
	us-gaap	Operating Income Loss OperatingIncomeLoss	-415154	usd
	us-gaap	Operating Income Loss OperatingIncomeLoss	-320534	usd
CY2024Q2	ltum	Gain Loss Change In Fair Value Of Marketable Securities Other GainLossChangeInFairValueOfMarketableSecuritiesOther	-52695	usd
CY2023Q2	ltum	Gain Loss Change In Fair Value Of Marketable Securities Other GainLossChangeInFairValueOfMarketableSecuritiesOther	-49773	usd
	ltum	Gain Loss Change In Fair Value Of Marketable Securities Other GainLossChangeInFairValueOfMarketableSecuritiesOther	-157021	usd
	ltum	Gain Loss Change In Fair Value Of Marketable Securities Other GainLossChangeInFairValueOfMarketableSecuritiesOther	-151448	usd
CY2024Q2	us-gaap	Other Income OtherIncome	19270	usd
CY2023Q2	us-gaap	Other Income OtherIncome	18688	usd
	us-gaap	Other Income OtherIncome	38400	usd
	us-gaap	Other Income OtherIncome	37076	usd
CY2024Q2	us-gaap	Marketable Securities Gain Loss MarketableSecuritiesGainLoss	0	usd
CY2023Q2	us-gaap	Marketable Securities Gain Loss MarketableSecuritiesGainLoss	5805	usd
	us-gaap	Marketable Securities Gain Loss MarketableSecuritiesGainLoss	0	usd
	us-gaap	Marketable Securities Gain Loss MarketableSecuritiesGainLoss	5805	usd
CY2024Q2	us-gaap	Other Nonoperating Asset Related Income OtherNonoperatingAssetRelatedIncome	0	usd
CY2023Q2	us-gaap	Other Nonoperating Asset Related Income OtherNonoperatingAssetRelatedIncome	0	usd
	us-gaap	Other Nonoperating Asset Related Income OtherNonoperatingAssetRelatedIncome	0	usd
	us-gaap	Other Nonoperating Asset Related Income OtherNonoperatingAssetRelatedIncome	10000	usd
CY2024Q2	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-33425	usd
CY2023Q2	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-25280	usd
	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-118621	usd
	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-98567	usd
CY2024Q2	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	-211091	usd
CY2023Q2	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	-150925	usd
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	-533775	usd
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	-419101	usd
CY2024Q2	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	0	usd
CY2023Q2	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	0	usd
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	0	usd
CY2024Q2	us-gaap	Net Income Loss NetIncomeLoss	-211091	usd
CY2023Q2	us-gaap	Net Income Loss NetIncomeLoss	-150925	usd
	us-gaap	Net Income Loss NetIncomeLoss	-533775	usd
	us-gaap	Net Income Loss NetIncomeLoss	-419101	usd
CY2024Q2	ltum	Other Comprehensive Income Loss Gain Loss On Change In Fair Value Of Marketable Securities OtherComprehensiveIncomeLossGainLossOnChangeInFairValueOfMarketableSecurities	0	usd
CY2023Q2	ltum	Other Comprehensive Income Loss Gain Loss On Change In Fair Value Of Marketable Securities OtherComprehensiveIncomeLossGainLossOnChangeInFairValueOfMarketableSecurities	0	usd
	ltum	Other Comprehensive Income Loss Gain Loss On Change In Fair Value Of Marketable Securities OtherComprehensiveIncomeLossGainLossOnChangeInFairValueOfMarketableSecurities	0	usd
	ltum	Other Comprehensive Income Loss Gain Loss On Change In Fair Value Of Marketable Securities OtherComprehensiveIncomeLossGainLossOnChangeInFairValueOfMarketableSecurities	0	usd
CY2024Q2	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	-211091	usd
CY2023Q2	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	-150925	usd
	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	-533775	usd
	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	-419101	usd
CY2024Q2	ltum	Net Loss Per Share Basic And Diluted NetLossPerShareBasicAndDiluted	-0.00
CY2023Q2	ltum	Net Loss Per Share Basic And Diluted NetLossPerShareBasicAndDiluted	-0.00
	ltum	Net Loss Per Share Basic And Diluted NetLossPerShareBasicAndDiluted	-0.00
	ltum	Net Loss Per Share Basic And Diluted NetLossPerShareBasicAndDiluted	-0.00
CY2024Q2	ltum	Weighted Average Number Of Shares Outstanding Basic And Diluted WeightedAverageNumberOfSharesOutstandingBasicAndDiluted	117892441	shares
CY2023Q2	ltum	Weighted Average Number Of Shares Outstanding Basic And Diluted WeightedAverageNumberOfSharesOutstandingBasicAndDiluted	115907826	shares
	ltum	Weighted Average Number Of Shares Outstanding Basic And Diluted WeightedAverageNumberOfSharesOutstandingBasicAndDiluted	117892441	shares
	ltum	Weighted Average Number Of Shares Outstanding Basic And Diluted WeightedAverageNumberOfSharesOutstandingBasicAndDiluted	115176419	shares
CY2022Q4	us-gaap	Stockholders Equity StockholdersEquity	1986053	usd
CY2023Q1	us-gaap	Stock Issued During Period Value New Issues StockIssuedDuringPeriodValueNewIssues	235400	usd
CY2023Q1	us-gaap	Share Based Compensation ShareBasedCompensation	69337	usd
CY2023Q1	us-gaap	Net Income Loss NetIncomeLoss	-268176	usd
CY2023Q1	us-gaap	Stockholders Equity StockholdersEquity	2022614	usd
CY2023Q2	us-gaap	Stock Issued During Period Value New Issues StockIssuedDuringPeriodValueNewIssues	19200	usd
CY2023Q2	us-gaap	Net Income Loss NetIncomeLoss	-150925	usd
CY2023Q2	us-gaap	Stockholders Equity StockholdersEquity	1890889	usd
CY2023Q4	us-gaap	Stockholders Equity StockholdersEquity	1818258	usd
CY2024Q1	us-gaap	Share Based Compensation ShareBasedCompensation	54392	usd
CY2024Q1	us-gaap	Net Income Loss NetIncomeLoss	-322684	usd
CY2024Q1	us-gaap	Stockholders Equity StockholdersEquity	1549966	usd
CY2024Q2	us-gaap	Net Income Loss NetIncomeLoss	-211091	usd
CY2024Q2	us-gaap	Stockholders Equity StockholdersEquity	1338875	usd
	us-gaap	Marketable Securities Gain Loss MarketableSecuritiesGainLoss	0	usd
	us-gaap	Marketable Securities Gain Loss MarketableSecuritiesGainLoss	5805	usd
CY2024Q2	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	3000000000	shares
	ltum	Consulting Fees Related Party1 ConsultingFeesRelatedParty1	68000	usd
	ltum	Stock Option Compensation Expenses StockOptionCompensationExpenses	140000	usd
CY2023Q2	ltum	Rent Fees RentFees	1500	usd

Files In Submission

Name	View Source	Status
0001640334-24-001316-index-headers.html	Edgar Link	pending
0001640334-24-001316-index.html	Edgar Link	pending
0001640334-24-001316.txt	Edgar Link	pending
0001640334-24-001316-xbrl.zip	Edgar Link	pending
Financial_Report.xlsx	Edgar Link	pending
ltum-20240630.xsd	Edgar Link	pending
ltum_10q.htm	Edgar Link	pending
ltum_311.htm	Edgar Link	pending
ltum_321.htm	Edgar Link	pending
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R10.htm	Edgar Link	pending
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R3.htm	Edgar Link	pending
R30.htm	Edgar Link	pending
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R38.htm	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable
ltum-20240630_pre.xml	Edgar Link	unprocessable
ltum_10q_htm.xml	Edgar Link	completed
R4.htm	Edgar Link	pending
R5.htm	Edgar Link	pending
R6.htm	Edgar Link	pending
R7.htm	Edgar Link	pending
R8.htm	Edgar Link	pending
R9.htm	Edgar Link	pending
report.css	Edgar Link	pending
Show.js	Edgar Link	pending
ltum-20240630_def.xml	Edgar Link	unprocessable
ltum-20240630_cal.xml	Edgar Link	unprocessable
ltum-20240630_lab.xml	Edgar Link	unprocessable

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$LTUM
Lithium Corp Stock $ltum

2024 Q3 Form 10-Q Financial Statement

#000164033424001316 Filed on August 19, 2024

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$LTUM Lithium Corp Stock $ltum

2024 Q3 Form 10-Q Financial Statement

#000164033424001316 Filed on August 19, 2024

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$LTUM
Lithium Corp Stock $ltum