2024 Q4 Form 10-Q Financial Statement
#000164033424001734 Filed on November 14, 2024
Income Statement
Concept | 2024 Q4 | 2024 Q3 | 2023 Q3 |
---|---|---|---|
Revenue | $0.00 | $0.00 | |
YoY Change | |||
Cost Of Revenue | |||
YoY Change | |||
Gross Profit | |||
YoY Change | |||
Gross Profit Margin | |||
Selling, General & Admin | $131.5K | ||
YoY Change | 61.12% | ||
% of Gross Profit | |||
Research & Development | $34.88K | ||
YoY Change | 162.06% | ||
% of Gross Profit | |||
Depreciation & Amortization | $1.833K | $1.833K | |
YoY Change | 0.0% | 0.0% | |
% of Gross Profit | |||
Operating Expenses | $201.3K | $168.2K | |
YoY Change | 19.65% | 73.83% | |
Operating Profit | -$201.3K | -$168.2K | |
YoY Change | 19.65% | 73.83% | |
Interest Expense | -$22.66K | ||
YoY Change | 207.05% | ||
% of Operating Profit | |||
Other Income/Expense, Net | -$77.82K | -$3.608K | |
YoY Change | 2056.87% | -51.12% | |
Pretax Income | -$279.1K | -$171.8K | |
YoY Change | 62.43% | 64.98% | |
Income Tax | $0.00 | $0.00 | |
% Of Pretax Income | |||
Net Earnings | -$279.1K | -$171.8K | |
YoY Change | 62.43% | 64.98% | |
Net Earnings / Revenue | |||
Basic Earnings Per Share | $0.00 | $0.00 | |
Diluted Earnings Per Share | $0.00 | ||
COMMON SHARES | |||
Basic Shares Outstanding | 117.9M shares | 117.9M shares | 116.3M shares |
Diluted Shares Outstanding |
Balance Sheet
Concept | 2024 Q4 | 2024 Q3 | 2023 Q3 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $3.273M | $4.097M | |
YoY Change | -20.1% | 2.18% | |
Cash & Equivalents | $3.196M | $3.739M | |
Short-Term Investments | $77.61K | $357.6K | |
Other Short-Term Assets | $6.950K | ||
YoY Change | -78.05% | ||
Inventory | |||
Prepaid Expenses | $4.050K | $6.945K | |
Receivables | |||
Other Receivables | |||
Total Short-Term Assets | $3.278M | $4.104M | |
YoY Change | -20.14% | 1.56% | |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $15.49K | $22.82K | |
YoY Change | -32.13% | -24.32% | |
Goodwill | |||
YoY Change | |||
Intangibles | |||
YoY Change | |||
Long-Term Investments | |||
YoY Change | |||
Other Assets | |||
YoY Change | |||
Total Long-Term Assets | $15.49K | $22.82K | |
YoY Change | -32.13% | -24.32% | |
TOTAL ASSETS | |||
Total Short-Term Assets | $3.278M | $4.104M | |
Total Long-Term Assets | $15.49K | $22.82K | |
Total Assets | $3.293M | $4.127M | |
YoY Change | -20.2% | 1.36% | |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $36.17K | ||
YoY Change | 8.33% | ||
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 | $2.328M | |
YoY Change | -4.07% | 14.55% | |
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 | $2.328M | |
Total Long-Term Liabilities | $0.00 | ||
Total Liabilities | $2.234M | $2.328M | |
YoY Change | -4.07% | 14.55% | |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$9.387M | -$8.547M | |
YoY Change | 9.83% | 12.52% | |
Common Stock | $117.9K | $117.1K | |
YoY Change | 0.68% | 5.78% | |
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $1.060M | $1.799M | |
YoY Change | |||
Total Liabilities & Shareholders Equity | $3.293M | $4.127M | |
YoY Change | -20.2% | 1.36% |
Cashflow Statement
Concept | 2024 Q4 | 2024 Q3 | 2023 Q3 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$279.1K | -$171.8K | |
YoY Change | 62.43% | 64.98% | |
Depreciation, Depletion And Amortization | $1.833K | $1.833K | |
YoY Change | 0.0% | 0.0% | |
Cash From Operating Activities | -$124.9K | ||
YoY Change | 15.8% | ||
INVESTING ACTIVITIES | |||
Capital Expenditures | $0.00 | ||
YoY Change | |||
Acquisitions | |||
YoY Change | |||
Other Investing Activities | $125.0K | ||
YoY Change | 25.0% | ||
Cash From Investing Activities | $125.0K | ||
YoY Change | 25.0% | ||
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | |||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | 79.68K | ||
YoY Change | -86.06% | ||
NET CHANGE | |||
Cash From Operating Activities | -124.9K | ||
Cash From Investing Activities | 125.0K | ||
Cash From Financing Activities | 79.68K | ||
Net Change In Cash | 79.82K | ||
YoY Change | -85.84% | ||
FREE CASH FLOW | |||
Cash From Operating Activities | -$124.9K | ||
Capital Expenditures | $0.00 | ||
Free Cash Flow | -$124.9K | ||
YoY Change | 15.8% |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
CY2024Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
3195599 | usd |
CY2023Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
3667617 | usd |
CY2024Q3 | us-gaap |
Marketable Securities Current
MarketableSecuritiesCurrent
|
77613 | usd |
CY2023Q4 | us-gaap |
Marketable Securities Current
MarketableSecuritiesCurrent
|
332082 | usd |
CY2024Q3 | us-gaap |
Deposits Assets Current
DepositsAssetsCurrent
|
700 | usd |
CY2023Q4 | us-gaap |
Deposits Assets Current
DepositsAssetsCurrent
|
700 | usd |
CY2024Q3 | us-gaap |
Prepaid Expense Current
PrepaidExpenseCurrent
|
4050 | usd |
CY2023Q4 | us-gaap |
Prepaid Expense Current
PrepaidExpenseCurrent
|
22850 | usd |
CY2024Q3 | us-gaap |
Assets Current
AssetsCurrent
|
3277962 | usd |
CY2023Q4 | us-gaap |
Assets Current
AssetsCurrent
|
4023249 | usd |
CY2024Q3 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
15487 | usd |
CY2023Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
20986 | usd |
CY2024Q3 | us-gaap |
Assets
Assets
|
3293449 | usd |
CY2023Q4 | us-gaap |
Assets
Assets
|
4044235 | usd |
CY2024Q3 | us-gaap |
Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
|
10773 | usd |
CY2024Q3 | ltum |
Accounts Payable And Accrued Liabilities Related Party
AccountsPayableAndAccruedLiabilitiesRelatedParty
|
31807 | usd |
CY2023Q4 | ltum |
Accounts Payable And Accrued Liabilities Related Party
AccountsPayableAndAccruedLiabilitiesRelatedParty
|
26489 | usd |
CY2023Q4 | ltum |
Allowance For Optioned Properties
AllowanceForOptionedProperties
|
2191102 | usd |
CY2024Q3 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
2233682 | usd |
CY2023Q4 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
2225977 | usd |
CY2024Q3 | us-gaap |
Liabilities
Liabilities
|
2233682 | usd |
CY2023Q4 | us-gaap |
Liabilities
Liabilities
|
2225977 | usd |
CY2024Q3 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.001 | |
CY2024Q3 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
117892441 | shares |
CY2024Q3 | us-gaap |
Common Stock Value
CommonStockValue
|
117893 | usd |
CY2024Q3 | us-gaap |
Additional Paid In Capital
AdditionalPaidInCapital
|
8948385 | usd |
CY2024Q3 | ltum |
Additional Paid In Capital Options
AdditionalPaidInCapitalOptions
|
1011639 | usd |
CY2023Q4 | ltum |
Additional Paid In Capital Options
AdditionalPaidInCapitalOptions
|
957247 | usd |
CY2024Q3 | ltum |
Additional Paid In Capital Warrants
AdditionalPaidInCapitalWarrants
|
369115 | usd |
CY2023Q4 | ltum |
Additional Paid In Capital Warrants
AdditionalPaidInCapitalWarrants
|
369115 | usd |
CY2023Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-8574382 | usd |
CY2024Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
1059767 | usd |
CY2023Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
1818258 | usd |
CY2024Q3 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
3293449 | usd |
CY2023Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
4044235 | usd |
ltum |
Gain Loss Change In Fair Value Of Marketable Securities Other
GainLossChangeInFairValueOfMarketableSecuritiesOther
|
-254469 | usd | |
ltum |
Gain Loss Change In Fair Value Of Marketable Securities Other
GainLossChangeInFairValueOfMarketableSecuritiesOther
|
-174111 | usd | |
us-gaap |
Depreciation
Depreciation
|
5499 | usd | |
us-gaap |
Depreciation
Depreciation
|
5499 | usd | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
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us-gaap |
Share Based Compensation
ShareBasedCompensation
|
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us-gaap |
Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
|
-18800 | usd | |
us-gaap |
Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
|
-30887 | usd | |
us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
7705 | usd | |
us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
4851 | usd | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
|
-472018 | usd | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-312057 | usd | |
us-gaap |
Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
|
0 | usd | |
us-gaap |
Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
|
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us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
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us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
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us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
0 | usd | |
us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
334281 | usd | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
0 | usd | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
334281 | usd | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-472018 | usd | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
|
162306 | usd | |
CY2022Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
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CY2024Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
3195599 | usd |
CY2023Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
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us-gaap |
Interest Paid Net
InterestPaidNet
|
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us-gaap |
Interest Paid Net
InterestPaidNet
|
0 | usd | |
us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
0 | usd | |
us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
0 | usd | |
us-gaap |
Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
|
<p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px 0px 0px 0in; text-align:justify;">The Company maintains its cash in bank deposit accounts, the balances of which at times may exceed federally insured limits. The Company continually monitors its banking relationships and consequently has not experienced any losses in such accounts. The Company believes it is not exposed to any significant credit risk on cash and cash equivalents.</p> | ||
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-472018 | usd | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-312057 | usd | |
CY2023Q4 | us-gaap |
Marketable Securities
MarketableSecurities
|
332082 | usd |
us-gaap |
Assets Fair Value Adjustment
AssetsFairValueAdjustment
|
-254469 | usd | |
CY2024Q3 | us-gaap |
Marketable Securities
MarketableSecurities
|
77613 | usd |
CY2024Q3 | ltum |
Professional Fees Prepaid Expense Current
ProfessionalFeesPrepaidExpenseCurrent
|
0 | usd |
CY2023Q4 | ltum |
Professional Fees Prepaid Expense Current
ProfessionalFeesPrepaidExpenseCurrent
|
5500 | usd |
CY2024Q3 | us-gaap |
Other Prepaid Expense Current
OtherPrepaidExpenseCurrent
|
3500 | usd |
CY2023Q4 | us-gaap |
Other Prepaid Expense Current
OtherPrepaidExpenseCurrent
|
15150 | usd |
CY2024Q3 | ltum |
Transfer Agent Fees
TransferAgentFees
|
550 | usd |
CY2023Q4 | ltum |
Transfer Agent Fees
TransferAgentFees
|
2200 | usd |
CY2024Q3 | us-gaap |
Prepaid Expense Current
PrepaidExpenseCurrent
|
4050 | usd |
CY2023Q4 | us-gaap |
Prepaid Expense Current
PrepaidExpenseCurrent
|
22850 | usd |
CY2024Q3 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.001 | |
CY2023 | us-gaap |
Stock Issued During Period Shares Other
StockIssuedDuringPeriodSharesOther
|
4400000 | shares |
CY2023 | us-gaap |
Stock Issued During Period Value Other
StockIssuedDuringPeriodValueOther
|
381061 | usd |
CY2022Q2 | us-gaap |
Class Of Warrant Or Right Exercise Price Of Warrants Or Rights1
ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1
|
0.22 | |
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 | |
us-gaap |
Stock Option Plan Expense
StockOptionPlanExpense
|
69337 | usd | |
CY2024Q1 | us-gaap |
Class Of Warrant Or Right Exercise Price Of Warrants Or Rights1
ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1
|
0.04 | |
us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
34827 | usd | |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
|
0.040 | pure | |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
|
0.98 | pure | |
us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
|
P5Y | ||
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
|
0 | pure | |
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 | |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
|
500000 | shares | |
us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
|
0.04 | ||
CY2023 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
|
3700000 | shares |
CY2023 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
|
0.22 | |
ltum |
Weighted Average Exercise Price Repricing
WeightedAverageExercisePriceRepricing
|
-0.06 | ||
CY2023 | ltum |
Weighted Average Exercise Price Repricing
WeightedAverageExercisePriceRepricing
|
-0.12 | |
CY2024Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
4100000 | shares |
CY2024Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
0.04 | |
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 | |
CY2024Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
|
0 | usd |
us-gaap |
Stock Option Plan Expense
StockOptionPlanExpense
|
54392 | usd | |
CY2023Q1 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
69337 | usd |
CY2024Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
|
4100000 | shares |
CY2023Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
|
3700000 | shares |
CY2024Q3 | ltum |
Amount Paid On Signing Loi
AmountPaidOnSigningLoi
|
375000 | usd |
CY2024Q3 | ltum |
Common Stock Shares Issue
CommonStockSharesIssue
|
55560526 | shares |
CY2024Q3 | ltum |
Expenditure In Exploration
ExpenditureInExploration
|
1916631 | usd |
CY2024Q3 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
274471 | usd |
ltum |
Consulting Fees Related Party1
ConsultingFeesRelatedParty1
|
231000 | usd | |
ltum |
Stock Option Compensation Expenses
StockOptionCompensationExpenses
|
29984 | usd | |
CY2024Q3 | ltum |
Rent Fees
RentFees
|
1500 | usd |
ltum |
Rent Fees
RentFees
|
4500 | usd | |
ltum |
Rent Fees
RentFees
|
4400 | usd | |
CY2024Q3 | ltum |
Related Parties Due
RelatedPartiesDue
|
31807 | usd |
CY2023Q4 | ltum |
Related Parties Due
RelatedPartiesDue
|
26489 | usd |
CY2021Q3 | ltum |
Monthly Rental
MonthlyRental
|
500 | 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
|
Q3 | ||
dei |
Document Fiscal Year Focus
DocumentFiscalYearFocus
|
2024 | ||
CY2023Q4 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.001 | |
CY2024Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
0.04 | |
CY2022Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
0 | |
ltum |
Stock Option Compensation Expenses
StockOptionCompensationExpenses
|
140000 | usd | |
ltum |
Consulting Fees Related Party1
ConsultingFeesRelatedParty1
|
216000 | usd | |
dei |
Document Type
DocumentType
|
10-Q | ||
dei |
Document Quarterly Report
DocumentQuarterlyReport
|
true | ||
dei |
Document Period End Date
DocumentPeriodEndDate
|
2024-09-30 | ||
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 | ||
CY2024Q4 | dei |
Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
|
117892441 | shares |
CY2023Q4 | us-gaap |
Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
|
8386 | usd |
CY2024Q3 | ltum |
Allowance For Optioned Properties
AllowanceForOptionedProperties
|
2191102 | usd |
CY2024Q3 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
3000000000 | shares |
CY2023Q4 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
117892441 | shares |
CY2023Q4 | us-gaap |
Common Stock Value
CommonStockValue
|
117893 | usd |
CY2023Q4 | us-gaap |
Additional Paid In Capital
AdditionalPaidInCapital
|
8948385 | usd |
CY2024Q3 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-9387265 | usd |
CY2024Q3 | us-gaap |
Revenues
Revenues
|
0 | usd |
CY2023Q3 | us-gaap |
Revenues
Revenues
|
0 | usd |
us-gaap |
Revenues
Revenues
|
0 | usd | |
us-gaap |
Revenues
Revenues
|
0 | usd | |
CY2024Q3 | us-gaap |
Professional Fees
ProfessionalFees
|
11347 | usd |
CY2023Q3 | us-gaap |
Professional Fees
ProfessionalFees
|
15575 | usd |
us-gaap |
Professional Fees
ProfessionalFees
|
47323 | usd | |
us-gaap |
Professional Fees
ProfessionalFees
|
51101 | usd | |
CY2024Q3 | us-gaap |
Depreciation
Depreciation
|
1833 | usd |
CY2023Q3 | us-gaap |
Depreciation
Depreciation
|
1833 | usd |
us-gaap |
Depreciation
Depreciation
|
5499 | usd | |
us-gaap |
Depreciation
Depreciation
|
5499 | usd | |
CY2024Q3 | us-gaap |
Exploration Expense
ExplorationExpense
|
69792 | usd |
CY2023Q3 | us-gaap |
Exploration Expense
ExplorationExpense
|
34875 | usd |
us-gaap |
Exploration Expense
ExplorationExpense
|
174824 | usd | |
us-gaap |
Exploration Expense
ExplorationExpense
|
43452 | usd | |
CY2024Q3 | ltum |
Consulting Fees Related Party
ConsultingFeesRelatedParty
|
87000 | usd |
CY2023Q3 | ltum |
Consulting Fees Related Party
ConsultingFeesRelatedParty
|
76000 | usd |
ltum |
Consulting Fees Related Party
ConsultingFeesRelatedParty
|
231000 | usd | |
ltum |
Consulting Fees Related Party
ConsultingFeesRelatedParty
|
245984 | usd | |
CY2024Q3 | ltum |
Consulting Fees
ConsultingFees
|
17000 | usd |
CY2023Q3 | ltum |
Consulting Fees
ConsultingFees
|
16200 | usd |
ltum |
Consulting Fees
ConsultingFees
|
101392 | usd | |
ltum |
Consulting Fees
ConsultingFees
|
82153 | usd | |
CY2024Q3 | ltum |
Transfer Agent And Filing Fees
TransferAgentAndFilingFees
|
5128 | usd |
CY2023Q3 | ltum |
Transfer Agent And Filing Fees
TransferAgentAndFilingFees
|
11719 | usd |
ltum |
Transfer Agent And Filing Fees
TransferAgentAndFilingFees
|
16291 | usd | |
ltum |
Transfer Agent And Filing Fees
TransferAgentAndFilingFees
|
24917 | usd | |
CY2024Q3 | us-gaap |
Travel And Entertainment Expense
TravelAndEntertainmentExpense
|
3935 | usd |
CY2023Q3 | us-gaap |
Travel And Entertainment Expense
TravelAndEntertainmentExpense
|
3060 | usd |
us-gaap |
Travel And Entertainment Expense
TravelAndEntertainmentExpense
|
17141 | usd | |
us-gaap |
Travel And Entertainment Expense
TravelAndEntertainmentExpense
|
5656 | usd | |
CY2024Q3 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
5253 | usd |
CY2023Q3 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
8966 | usd |
us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
22972 | usd | |
us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
30000 | usd | |
CY2024Q3 | us-gaap |
Operating Expenses
OperatingExpenses
|
201288 | usd |
CY2023Q3 | us-gaap |
Operating Expenses
OperatingExpenses
|
168228 | usd |
us-gaap |
Operating Expenses
OperatingExpenses
|
616442 | usd | |
us-gaap |
Operating Expenses
OperatingExpenses
|
488762 | usd | |
CY2024Q3 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-201288 | usd |
CY2023Q3 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-168228 | usd |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-616442 | usd | |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-488762 | usd | |
CY2024Q3 | ltum |
Gain Loss Change In Fair Value Of Marketable Securities Other
GainLossChangeInFairValueOfMarketableSecuritiesOther
|
-97448 | usd |
CY2023Q3 | ltum |
Gain Loss Change In Fair Value Of Marketable Securities Other
GainLossChangeInFairValueOfMarketableSecuritiesOther
|
-22663 | usd |
ltum |
Gain Loss Change In Fair Value Of Marketable Securities Other
GainLossChangeInFairValueOfMarketableSecuritiesOther
|
-254469 | usd | |
ltum |
Gain Loss Change In Fair Value Of Marketable Securities Other
GainLossChangeInFairValueOfMarketableSecuritiesOther
|
-174111 | usd | |
CY2024Q3 | us-gaap |
Other Income
OtherIncome
|
19628 | usd |
CY2023Q3 | us-gaap |
Other Income
OtherIncome
|
19055 | usd |
us-gaap |
Other Income
OtherIncome
|
58028 | usd | |
us-gaap |
Other Income
OtherIncome
|
56131 | usd | |
CY2024Q3 | ltum |
Marketables Securities Gain Loss
MarketablesSecuritiesGainLoss
|
0 | usd |
CY2023Q3 | ltum |
Marketables Securities Gain Loss
MarketablesSecuritiesGainLoss
|
0 | usd |
ltum |
Marketables Securities Gain Loss
MarketablesSecuritiesGainLoss
|
0 | usd | |
ltum |
Marketables Securities Gain Loss
MarketablesSecuritiesGainLoss
|
5805 | usd | |
CY2024Q3 | us-gaap |
Other Nonoperating Asset Related Income
OtherNonoperatingAssetRelatedIncome
|
0 | usd |
CY2023Q3 | 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 | |
CY2024Q3 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-77820 | usd |
CY2023Q3 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-3608 | usd |
us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-196441 | usd | |
us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-102175 | usd | |
CY2024Q3 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-279108 | usd |
CY2023Q3 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-171836 | usd |
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-812883 | usd | |
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-590937 | usd | |
CY2024Q3 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
0 | usd |
CY2023Q3 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
0 | usd |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
0 | usd | |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
0 | usd | |
CY2024Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-279108 | usd |
CY2023Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-171836 | usd |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-812883 | usd | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-590937 | usd | |
CY2024Q3 | ltum |
Other Comprehensive Income Loss Gain Loss On Change In Fair Value Of Marketable Securities
OtherComprehensiveIncomeLossGainLossOnChangeInFairValueOfMarketableSecurities
|
0 | usd |
CY2023Q3 | 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 | |
CY2024Q3 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-279108 | usd |
CY2023Q3 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-171836 | usd |
us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-812883 | usd | |
us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-590937 | usd | |
CY2024Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.00 | |
CY2023Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.00 | |
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.01 | ||
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.01 | ||
CY2024Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
117892441 | shares |
CY2023Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
115892441 | shares |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
117892441 | shares | |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
115592075 | 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 |
CY2023Q3 | us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
79681 | usd |
CY2023Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-171836 | usd |
CY2023Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
1798734 | 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 |
CY2024Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-279108 | usd |
CY2024Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
1059767 | usd |
us-gaap |
Profit Loss
ProfitLoss
|
-812883 | usd | |
us-gaap |
Profit Loss
ProfitLoss
|
-590937 | usd | |
ltum |
Marketables Securities Gain Loss
MarketablesSecuritiesGainLoss
|
0 | usd | |
ltum |
Marketables Securities Gain Loss
MarketablesSecuritiesGainLoss
|
5805 | usd | |
ltum |
Cash From Property Agreements
CashFromPropertyAgreements
|
0 | usd | |
ltum |
Cash From Property Agreements
CashFromPropertyAgreements
|
125000 | usd | |
CY2023Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
3667617 | usd |
us-gaap |
Use Of Estimates
UseOfEstimates
|
<p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px 0px 0px 0in; text-align:justify;">The preparation of financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amount of revenues and expenses during the reporting period. Such estimates include the useful life of equipment and inputs related to the calculation of the fair value of stock options. Actual results could differ from those estimates.</p> | ||
CY2023Q4 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
3000000000 | shares |
CY2022Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
|
3700000 | shares |
ltum |
Share Based Compensation Arrangement By Share Based Payment Award Options Cancelleds In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsCancelledsInPeriodGross
|
-100000 | shares | |
us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
|
0.04 | ||
CY2024Q3 | ltum |
Consulting Fees Related Party1
ConsultingFeesRelatedParty1
|
87000 | usd |
CY2023Q3 | ltum |
Consulting Fees Related Party1
ConsultingFeesRelatedParty1
|
76000 | usd |
CY2023Q3 | ltum |
Stock Option Compensation Expenses
StockOptionCompensationExpenses
|
216000 | usd |
CY2023Q3 | ltum |
Rent Fees
RentFees
|
1500 | usd |