$NG
NOVAGOLD RESOURCES INC Stock $ng

$ng Overview Financials Valuation SEC Filings Company Website

2020 Q1 Form 10-Q Financial Statement

#000117184320002271 Filed on April 01, 2020

Income Statement

Concept	2020 Q1	2019 Q1
Revenue	$0.00	$0.00
YoY Change
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin	$4.712M
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$2.000K	$4.000K
YoY Change	-50.0%	-33.33%
% of Gross Profit
Operating Expenses	$6.282M	$5.663M
YoY Change	10.93%	-13.22%
Operating Profit	-$6.282M	-$5.663M
YoY Change	10.93%	-13.22%
Interest Expense	-$2.441M	$1.798M
YoY Change	-235.76%	20.35%
% of Operating Profit
Other Income/Expense, Net	$887.0K	$700.0K
YoY Change	26.71%	-151.09%
Pretax Income	-$6.331M	-$5.966M
YoY Change	6.12%	-24.44%
Income Tax	$264.0K	$357.0K
% Of Pretax Income
Net Earnings	-$6.595M	-$6.323M
YoY Change	4.3%	-23.03%
Net Earnings / Revenue
Basic Earnings Per Share
Diluted Earnings Per Share	-$20.09K
COMMON SHARES
Basic Shares Outstanding	328.7M	325.1M
Diluted Shares Outstanding

Balance Sheet

Concept	2020 Q1	2019 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments	$140.7M
YoY Change
Cash & Equivalents	$59.70M	$22.78M
Short-Term Investments	$81.00M
Other Short-Term Assets	$1.052M	$1.718M
YoY Change	-38.77%	91.31%
Inventory
Prepaid Expenses	$508.0K
Receivables	$544.0K
Other Receivables	$0.00
Total Short-Term Assets	$141.8M	$163.5M
YoY Change	-13.3%	110.07%
LONG-TERM ASSETS
Property, Plant & Equipment	$775.0K
YoY Change
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$3.787M
YoY Change
Other Assets	$1.690M	$929.0K
YoY Change	81.92%	-85.63%
Total Long-Term Assets	$98.07M	$91.97M
YoY Change	6.63%	-70.91%
TOTAL ASSETS
Total Short-Term Assets	$141.8M	$163.5M
Total Long-Term Assets	$98.07M	$91.97M
Total Assets	$239.8M	$255.5M
YoY Change	-6.12%	-35.16%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$586.0K
YoY Change
Accrued Expenses	$875.0K
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt	$0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$1.782M	$1.697M
YoY Change	5.01%	22.7%
LONG-TERM LIABILITIES
Long-Term Debt	$105.5M
YoY Change
Other Long-Term Liabilities	$550.0K
YoY Change
Total Long-Term Liabilities	$106.1M
YoY Change
TOTAL LIABILITIES
Total Short-Term Liabilities	$1.782M	$1.697M
Total Long-Term Liabilities	$106.1M
Total Liabilities	$108.8M	$100.2M
YoY Change	8.54%	-12.39%
SHAREHOLDERS EQUITY
Retained Earnings	-$1.892B	-$1.864B
YoY Change	1.5%	6.3%
Common Stock	$1.968B	$1.960B
YoY Change	0.4%	0.4%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$131.0M	$155.2M
YoY Change
Total Liabilities & Shareholders Equity	$239.8M	$255.5M
YoY Change	-6.12%	-35.16%

Cashflow Statement

Concept	2020 Q1	2019 Q1
OPERATING ACTIVITIES
Net Income	-$6.595M	-$6.323M
YoY Change	4.3%	-23.03%
Depreciation, Depletion And Amortization	$2.000K	$4.000K
YoY Change	-50.0%	-33.33%
Cash From Operating Activities	-$3.497M	-$3.150M
YoY Change	11.02%	-32.14%
INVESTING ACTIVITIES
Capital Expenditures
YoY Change
Acquisitions
YoY Change
Other Investing Activities	-$2.600M
YoY Change
Cash From Investing Activities	-$2.600M	$6.103M
YoY Change	-142.6%	-355.36%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	-$1.652M	-$1.197M
YoY Change	38.01%
NET CHANGE
Cash From Operating Activities	-$3.497M	-$3.150M
Cash From Investing Activities	-$2.600M	$6.103M
Cash From Financing Activities	-$1.652M	-$1.197M
Net Change In Cash	-$7.850M	$1.773M
YoY Change	-542.75%	-125.25%
FREE CASH FLOW
Cash From Operating Activities	-$3.497M	-$3.150M
Capital Expenditures
Free Cash Flow
YoY Change

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2020Q1	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	328671632
CY2020Q1	us-gaap	Lessee Operating Lease Term Of Contract LesseeOperatingLeaseTermOfContract	P5Y
CY2020Q1	us-gaap	Lessee Operating Lease Renewal Term LesseeOperatingLeaseRenewalTerm	P5Y
CY2020Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	59699000	USD
CY2019Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	67549000	USD
CY2020Q1	us-gaap	Deposits Assets DepositsAssets	81000000	USD
CY2019Q4	us-gaap	Deposits Assets DepositsAssets	81000000	USD
CY2020Q1	us-gaap	Other Assets Current OtherAssetsCurrent	1052000	USD
CY2019Q4	us-gaap	Other Assets Current OtherAssetsCurrent	1790000	USD
CY2020Q1	us-gaap	Assets Current AssetsCurrent	141751000	USD
CY2019Q4	us-gaap	Assets Current AssetsCurrent	150339000	USD
CY2020Q1	us-gaap	Notes And Loans Receivable Net Noncurrent NotesAndLoansReceivableNetNoncurrent	93503000	USD
CY2019Q4	us-gaap	Notes And Loans Receivable Net Noncurrent NotesAndLoansReceivableNetNoncurrent	92679000	USD
CY2020Q1	us-gaap	Investments In Affiliates Subsidiaries Associates And Joint Ventures InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures	2872000	USD
CY2019Q4	us-gaap	Investments In Affiliates Subsidiaries Associates And Joint Ventures InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures	1840000	USD
CY2020Q1	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	1690000	USD
CY2019Q4	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	977000	USD
CY2020Q1	us-gaap	Assets Assets	239816000	USD
CY2019Q4	us-gaap	Assets Assets	245835000	USD
CY2020Q1	us-gaap	Accounts Payable And Accrued Liabilities Current AccountsPayableAndAccruedLiabilitiesCurrent	586000	USD
CY2019Q4	us-gaap	Accounts Payable And Accrued Liabilities Current AccountsPayableAndAccruedLiabilitiesCurrent	880000	USD
CY2020Q1	us-gaap	Employee Related Liabilities Current EmployeeRelatedLiabilitiesCurrent	687000	USD
CY2019Q4	us-gaap	Employee Related Liabilities Current EmployeeRelatedLiabilitiesCurrent	2143000	USD
CY2020Q1	us-gaap	Accrued Income Taxes Current AccruedIncomeTaxesCurrent	139000	USD
CY2019Q4	us-gaap	Accrued Income Taxes Current AccruedIncomeTaxesCurrent	138000	USD
CY2020Q1	us-gaap	Operating Lease Liability Current OperatingLeaseLiabilityCurrent	188000	USD
CY2019Q4	us-gaap	Operating Lease Liability Current OperatingLeaseLiabilityCurrent	0	USD
CY2020Q1	us-gaap	Other Liabilities Current OtherLiabilitiesCurrent	182000	USD
CY2019Q4	us-gaap	Other Liabilities Current OtherLiabilitiesCurrent	182000	USD
CY2020Q1	us-gaap	Liabilities Current LiabilitiesCurrent	1782000	USD
CY2019Q4	us-gaap	Liabilities Current LiabilitiesCurrent	3343000	USD
CY2020Q1	us-gaap	Long Term Notes Payable LongTermNotesPayable	105547000	USD
CY2019Q4	us-gaap	Long Term Notes Payable LongTermNotesPayable	103787000	USD
CY2020Q1	us-gaap	Operating Lease Liability Noncurrent OperatingLeaseLiabilityNoncurrent	550000	USD
CY2019Q4	us-gaap	Operating Lease Liability Noncurrent OperatingLeaseLiabilityNoncurrent	0	USD
CY2020Q1	us-gaap	Deferred Income Tax Liabilities Net DeferredIncomeTaxLiabilitiesNet	924000	USD
CY2019Q4	us-gaap	Deferred Income Tax Liabilities Net DeferredIncomeTaxLiabilitiesNet	751000	USD
CY2020Q1	us-gaap	Liabilities Liabilities	108803000	USD
CY2019Q4	us-gaap	Liabilities Liabilities	107881000	USD
CY2020Q1	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		USD
CY2019Q4	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		USD
CY2020Q1	us-gaap	Common Stock Value CommonStockValue	1968217000	USD
CY2019Q4	us-gaap	Common Stock Value CommonStockValue	1965573000	USD
CY2020Q1	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	79719000	USD
CY2019Q4	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	82254000	USD
CY2020Q1	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-1891660000	USD
CY2019Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-1885065000	USD
CY2020Q1	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-25263000	USD
CY2019Q4	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-24808000	USD
CY2020Q1	us-gaap	Stockholders Equity StockholdersEquity	131013000	USD
CY2019Q4	us-gaap	Stockholders Equity StockholdersEquity	137954000	USD
CY2020Q1	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	239816000	USD
CY2019Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	245835000	USD
CY2020Q1	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	4714000	USD
CY2019Q1	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	4340000	USD
CY2020Q1	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	-1568000	USD
CY2019Q1	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	-1323000	USD
CY2020Q1	us-gaap	Operating Expenses OperatingExpenses	6282000	USD
CY2019Q1	us-gaap	Operating Expenses OperatingExpenses	5663000	USD
CY2020Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	-6282000	USD
CY2019Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	-5663000	USD
CY2020Q1	us-gaap	Interest Expense Debt InterestExpenseDebt	1760000	USD
CY2019Q1	us-gaap	Interest Expense Debt InterestExpenseDebt	1798000	USD
CY2020Q1	ng	Notes Receivable Accretion NotesReceivableAccretion	824000	USD
CY2019Q1	ng	Notes Receivable Accretion NotesReceivableAccretion	795000	USD
CY2020Q1	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	887000	USD
CY2019Q1	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	700000	USD
CY2020Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	-6331000	USD
CY2019Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	-5966000	USD
CY2020Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	264000	USD
CY2019Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	357000	USD
CY2020Q1	us-gaap	Net Income Loss NetIncomeLoss	-6595000	USD
CY2019Q1	us-gaap	Net Income Loss NetIncomeLoss	-6323000	USD
CY2020Q1	us-gaap	Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax	-455000	USD
CY2019Q1	us-gaap	Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax	519000	USD
CY2020Q1	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	-455000	USD
CY2019Q1	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	519000	USD
CY2020Q1	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	-7050000	USD
CY2019Q1	us-gaap	Weighted Average Number Of Share Outstanding Basic And Diluted WeightedAverageNumberOfShareOutstandingBasicAndDiluted	324749000
CY2020Q1	us-gaap	Net Income Loss NetIncomeLoss	-6595000	USD
CY2019Q1	us-gaap	Net Income Loss NetIncomeLoss	-6323000	USD
CY2020Q1	us-gaap	Share Based Compensation ShareBasedCompensation	1761000	USD
CY2019Q1	us-gaap	Share Based Compensation ShareBasedCompensation	1531000	USD
CY2019Q1	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	-5804000	USD
CY2020Q1	us-gaap	Earnings Per Share Basic And Diluted EarningsPerShareBasicAndDiluted	-0.02
CY2019Q1	us-gaap	Earnings Per Share Basic And Diluted EarningsPerShareBasicAndDiluted	-0.02
CY2020Q1	us-gaap	Weighted Average Number Of Share Outstanding Basic And Diluted WeightedAverageNumberOfShareOutstandingBasicAndDiluted	328286000
CY2020Q1	us-gaap	Interest Expense Debt InterestExpenseDebt	1760000	USD
CY2019Q1	us-gaap	Interest Expense Debt InterestExpenseDebt	1798000	USD
CY2020Q1	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	-1568000	USD
CY2019Q1	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	-1323000	USD
CY2020Q1	ng	Notes Receivable Accretion NotesReceivableAccretion	824000	USD
CY2019Q1	ng	Notes Receivable Accretion NotesReceivableAccretion	795000	USD
CY2020Q1	us-gaap	Foreign Currency Transaction Gain Loss Before Tax ForeignCurrencyTransactionGainLossBeforeTax	378000	USD
CY2019Q1	us-gaap	Foreign Currency Transaction Gain Loss Before Tax ForeignCurrencyTransactionGainLossBeforeTax	-386000	USD
CY2020Q1	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	173000	USD
CY2019Q1	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	167000	USD
CY2020Q1	us-gaap	Other Operating Activities Cash Flow Statement OtherOperatingActivitiesCashFlowStatement	12000	USD
CY2019Q1	us-gaap	Other Operating Activities Cash Flow Statement OtherOperatingActivitiesCashFlowStatement	-40000	USD
CY2020Q1	us-gaap	Increase Decrease In Operating Capital IncreaseDecreaseInOperatingCapital	974000	USD
CY2019Q1	us-gaap	Increase Decrease In Operating Capital IncreaseDecreaseInOperatingCapital	1197000	USD
CY2020Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-3497000	USD
CY2019Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-3150000	USD
CY2020Q1	us-gaap	Proceeds From Sale Maturity And Collections Of Investments ProceedsFromSaleMaturityAndCollectionsOfInvestments	35000000	USD
CY2019Q1	us-gaap	Proceeds From Sale Maturity And Collections Of Investments ProceedsFromSaleMaturityAndCollectionsOfInvestments	115000000	USD
CY2020Q1	us-gaap	Payments To Acquire Investments PaymentsToAcquireInvestments	35000000	USD
CY2019Q1	us-gaap	Payments To Acquire Investments PaymentsToAcquireInvestments	108000000	USD
CY2020Q1	us-gaap	Payments To Acquire Interest In Subsidiaries And Affiliates PaymentsToAcquireInterestInSubsidiariesAndAffiliates	2600000	USD
CY2019Q1	us-gaap	Payments To Acquire Interest In Subsidiaries And Affiliates PaymentsToAcquireInterestInSubsidiariesAndAffiliates	897000	USD
CY2020Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-2600000	USD
CY2019Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	6103000	USD
CY2020Q1	us-gaap	Payments Related To Tax Withholding For Share Based Compensation PaymentsRelatedToTaxWithholdingForShareBasedCompensation	1652000	USD
CY2019Q1	us-gaap	Payments Related To Tax Withholding For Share Based Compensation PaymentsRelatedToTaxWithholdingForShareBasedCompensation	1197000	USD
CY2020Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-1652000	USD
CY2019Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-1197000	USD
CY2020Q1	us-gaap	Effect Of Exchange Rate On Cash And Cash Equivalents EffectOfExchangeRateOnCashAndCashEquivalents	-101000	USD
CY2019Q1	us-gaap	Effect Of Exchange Rate On Cash And Cash Equivalents EffectOfExchangeRateOnCashAndCashEquivalents	17000	USD
CY2020Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-7850000	USD
CY2019Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	1773000	USD
CY2019Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations	67549000	USD
CY2018Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations	21004000	USD
CY2020Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations	59699000	USD
CY2019Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations	22777000	USD
CY2018Q4	us-gaap	Stockholders Equity StockholdersEquity	160688000	USD
CY2019Q1	ng	Impact Of Adoption Of Accounting Standards Update ImpactOfAdoptionOfAccountingStandardsUpdate	0	USD
CY2019Q1	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	1531000	USD
CY2019Q1	us-gaap	Stock Issued During Period Value Share Based Compensation StockIssuedDuringPeriodValueShareBasedCompensation	0	USD
CY2019Q1	us-gaap	Stock Issued During Period Value Stock Options Exercised StockIssuedDuringPeriodValueStockOptionsExercised	0	USD
CY2019Q1	us-gaap	Adjustments Related To Tax Withholding For Share Based Compensation AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation	1197000	USD
CY2019Q1	us-gaap	Net Income Loss NetIncomeLoss	-6323000	USD
CY2019Q1	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	519000	USD
CY2019Q1	us-gaap	Stockholders Equity StockholdersEquity	155218000	USD
CY2019Q4	us-gaap	Stockholders Equity StockholdersEquity	137954000	USD
CY2020Q1	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	1761000	USD
CY2020Q1	us-gaap	Stock Issued During Period Value Share Based Compensation StockIssuedDuringPeriodValueShareBasedCompensation	0	USD
CY2020Q1	us-gaap	Stock Issued During Period Value Stock Options Exercised StockIssuedDuringPeriodValueStockOptionsExercised	0	USD
CY2020Q1	us-gaap	Adjustments Related To Tax Withholding For Share Based Compensation AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation	1652000	USD
CY2020Q1	us-gaap	Net Income Loss NetIncomeLoss	-6595000	USD
CY2020Q1	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	-455000	USD
CY2020Q1	us-gaap	Stockholders Equity StockholdersEquity	131013000	USD
CY2020Q1	us-gaap	Revenues Revenues	0	USD
CY2020Q1	us-gaap	Accounts And Other Receivables Net Current AccountsAndOtherReceivablesNetCurrent	544000	USD
CY2019Q4	us-gaap	Accounts And Other Receivables Net Current AccountsAndOtherReceivablesNetCurrent	1100000	USD
CY2020Q1	us-gaap	Prepaid Expense Current PrepaidExpenseCurrent	508000	USD
CY2019Q4	us-gaap	Prepaid Expense Current PrepaidExpenseCurrent	690000	USD
CY2020Q1	us-gaap	Other Assets Current OtherAssetsCurrent	1052000	USD
CY2019Q4	us-gaap	Other Assets Current OtherAssetsCurrent	1790000	USD
CY2020Q1	us-gaap	Marketable Securities Noncurrent MarketableSecuritiesNoncurrent	915000	USD
CY2019Q4	us-gaap	Marketable Securities Noncurrent MarketableSecuritiesNoncurrent	935000	USD
CY2020Q1	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	735000	USD
CY2019Q4	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	0	USD
CY2020Q1	ng	Office Equipment OfficeEquipment	40000	USD
CY2019Q4	ng	Office Equipment OfficeEquipment	42000	USD
CY2020Q1	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	1690000	USD
CY2019Q4	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	977000	USD
CY2020Q1	us-gaap	Equity Securities Fv Ni EquitySecuritiesFvNi	915000	USD
CY2019Q4	us-gaap	Equity Securities Fv Ni EquitySecuritiesFvNi	935000	USD
CY2020Q1	us-gaap	Share Based Compensation ShareBasedCompensation	1761000	USD
CY2019Q1	us-gaap	Share Based Compensation ShareBasedCompensation	1531000	USD
CY2020Q1	us-gaap	Salaries And Wages SalariesAndWages	1634000	USD
CY2019Q1	us-gaap	Salaries And Wages SalariesAndWages	1664000	USD
CY2020Q1	us-gaap	Other General Expense OtherGeneralExpense	620000	USD
CY2019Q1	us-gaap	Other General Expense OtherGeneralExpense	671000	USD
CY2020Q1	ng	Corporate Communications And Regulatory Expense CorporateCommunicationsAndRegulatoryExpense	402000	USD
CY2019Q1	ng	Corporate Communications And Regulatory Expense CorporateCommunicationsAndRegulatoryExpense	240000	USD
CY2020Q1	us-gaap	Professional Fees ProfessionalFees	295000	USD
CY2019Q1	us-gaap	Professional Fees ProfessionalFees	230000	USD
CY2020Q1	us-gaap	Depreciation Depreciation	2000	USD
CY2019Q1	us-gaap	Depreciation Depreciation	4000	USD
CY2020Q1	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	4714000	USD
CY2019Q1	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	4340000	USD
CY2020Q1	us-gaap	Investment Income Interest InvestmentIncomeInterest	517000	USD
CY2019Q1	us-gaap	Investment Income Interest InvestmentIncomeInterest	1042000	USD
CY2020Q1	us-gaap	Foreign Currency Transaction Gain Loss Realized ForeignCurrencyTransactionGainLossRealized	378000	USD
CY2019Q1	us-gaap	Foreign Currency Transaction Gain Loss Realized ForeignCurrencyTransactionGainLossRealized	-386000	USD
CY2020Q1	us-gaap	Equity Securities Fv Ni Gain Loss EquitySecuritiesFvNiGainLoss	-8000	USD
CY2019Q1	us-gaap	Equity Securities Fv Ni Gain Loss EquitySecuritiesFvNiGainLoss	44000	USD
CY2020Q1	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	887000	USD
CY2019Q1	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	700000	USD
CY2020Q1	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	1761000	USD
CY2019Q1	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	1531000	USD
CY2019Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber	12527000
CY2019Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice	3.98
CY2020Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross	1647000
CY2020Q1	us-gaap	Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice	6.95
CY2020Q1	us-gaap	Stock Issued During Period Shares Stock Options Exercised StockIssuedDuringPeriodSharesStockOptionsExercised	1088000
CY2020Q1	us-gaap	Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice	4.09
CY2020Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber	13086000
CY2020Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice	4.34
CY2020Q1	us-gaap	Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2 SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2	P2Y7M2D
CY2020Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue	47498000	USD
CY2020Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber	8463000
CY2020Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice	4.03
CY2020Q1	us-gaap	Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1 SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1	P1Y10M17D
CY2020Q1	us-gaap	Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1 SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1	33274000	USD
CY2020Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate	0.460	pure
CY2019Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate	0.469	pure
CY2020Q1	us-gaap	Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1 SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1	P4Y
CY2019Q1	us-gaap	Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1 SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1	P4Y
CY2020Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate	0.016	pure
CY2019Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate	0.027	pure
CY2020Q1	ng	Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Forfeiture Rate ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedForfeitureRate	0.031	pure
CY2019Q1	ng	Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Forfeiture Rate ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedForfeitureRate	0.031	pure
CY2020Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue	2.60
CY2019Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue	1.46
CY2020Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue	4879000	USD
CY2019Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue	2867000	USD
CY2020Q1	us-gaap	Proceeds From Stock Options Exercised ProceedsFromStockOptionsExercised	0	USD
CY2019Q1	us-gaap	Proceeds From Stock Options Exercised ProceedsFromStockOptionsExercised	0	USD
CY2020Q1	us-gaap	Operating Lease Cost OperatingLeaseCost	43000	USD
CY2020Q1	us-gaap	Variable Lease Cost VariableLeaseCost	30000	USD
CY2020Q1	us-gaap	Short Term Lease Cost ShortTermLeaseCost	1000	USD
CY2020Q1	us-gaap	Lease Cost LeaseCost	74000	USD
CY2020Q1	us-gaap	Right Of Use Asset Obtained In Exchange For Operating Lease Liability RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability	380000	USD
CY2020Q1	us-gaap	Lessee Operating Lease Liability Payments Remainder Of Fiscal Year LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear	163000	USD
CY2020Q1	us-gaap	Lessee Operating Lease Liability Payments Due Year Two LesseeOperatingLeaseLiabilityPaymentsDueYearTwo	229000	USD
CY2020Q1	us-gaap	Lessee Operating Lease Liability Payments Due Year Three LesseeOperatingLeaseLiabilityPaymentsDueYearThree	235000	USD
CY2020Q1	us-gaap	Lessee Operating Lease Liability Payments Due Year Four LesseeOperatingLeaseLiabilityPaymentsDueYearFour	87000	USD
CY2020Q1	us-gaap	Lessee Operating Lease Liability Payments Due Year Five LesseeOperatingLeaseLiabilityPaymentsDueYearFive	89000	USD
CY2020Q1	us-gaap	Lessee Operating Lease Liability Payments Due After Year Five LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive	7000	USD
CY2020Q1	us-gaap	Lessee Operating Lease Liability Payments Due LesseeOperatingLeaseLiabilityPaymentsDue	810000	USD
CY2020Q1	us-gaap	Lessee Operating Lease Liability Undiscounted Excess Amount LesseeOperatingLeaseLiabilityUndiscountedExcessAmount	72000	USD
CY2020Q1	us-gaap	Operating Lease Liability OperatingLeaseLiability	738000	USD
CY2020Q1	us-gaap	Operating Lease Payments OperatingLeasePayments	41000	USD
CY2020Q1	us-gaap	Right Of Use Asset Obtained In Exchange For Operating Lease Liability RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability	380000	USD
CY2020Q1	us-gaap	Operating Lease Weighted Average Remaining Lease Term1 OperatingLeaseWeightedAverageRemainingLeaseTerm1	P3Y10M24D
CY2020Q1	us-gaap	Operating Lease Weighted Average Discount Rate Percent OperatingLeaseWeightedAverageDiscountRatePercent	0.05	pure
CY2020Q1	us-gaap	Increase Decrease In Other Operating Assets IncreaseDecreaseInOtherOperatingAssets	-772000	USD
CY2019Q1	us-gaap	Increase Decrease In Other Operating Assets IncreaseDecreaseInOtherOperatingAssets	-773000	USD
CY2020Q1	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	-288000	USD
CY2019Q1	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	-41000	USD
CY2020Q1	us-gaap	Increase Decrease In Employee Related Liabilities IncreaseDecreaseInEmployeeRelatedLiabilities	-1458000	USD
CY2019Q1	us-gaap	Increase Decrease In Employee Related Liabilities IncreaseDecreaseInEmployeeRelatedLiabilities	-1929000	USD
CY2020Q1	us-gaap	Increase Decrease In Operating Capital IncreaseDecreaseInOperatingCapital	974000	USD
CY2019Q1	us-gaap	Increase Decrease In Operating Capital IncreaseDecreaseInOperatingCapital	1197000	USD

Files In Submission

Name	View Source	Status
0001171843-20-002271-index-headers.html	Edgar Link	pending
0001171843-20-002271-index.html	Edgar Link	pending
0001171843-20-002271.txt	Edgar Link	pending
0001171843-20-002271-xbrl.zip	Edgar Link	pending
ex_178867.htm	Edgar Link	pending
ex_178868.htm	Edgar Link	pending
ex_178869.htm	Edgar Link	pending
ex_178870.htm	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable
Financial_Report.xlsx	Edgar Link	pending
logo.jpg	Edgar Link	pending
MetaLinks.json	Edgar Link	pending
ng-20200229.xsd	Edgar Link	pending
ng-20200229_cal.xml	Edgar Link	unprocessable
ng-20200229_def.xml	Edgar Link	unprocessable
ng-20200229_lab.xml	Edgar Link	unprocessable
ng-20200229_pre.xml	Edgar Link	unprocessable
ng20200229_10q.htm	Edgar Link	pending
ng20200229_10q_htm.xml	Edgar Link	completed
R1.htm	Edgar Link	pending
R10.htm	Edgar Link	pending
R11.htm	Edgar Link	pending
R12.htm	Edgar Link	pending
R13.htm	Edgar Link	pending
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R3.htm	Edgar Link	pending
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R32.htm	Edgar Link	pending
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R34.htm	Edgar Link	pending
R35.htm	Edgar Link	pending
R36.htm	Edgar Link	pending
R37.htm	Edgar Link	pending
R38.htm	Edgar Link	pending
R39.htm	Edgar Link	pending
R4.htm	Edgar Link	pending
R40.htm	Edgar Link	pending
R41.htm	Edgar Link	pending
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R44.htm	Edgar Link	pending
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R46.htm	Edgar Link	pending
R47.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

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2020 Q1 Form 10-Q Financial Statement

#000117184320002271 Filed on April 01, 2020

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$NG NOVAGOLD RESOURCES INC Stock $ng

2020 Q1 Form 10-Q Financial Statement

#000117184320002271 Filed on April 01, 2020

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$NG
NOVAGOLD RESOURCES INC Stock $ng