$PZG
Paramount Gold Nevada Corp.

2024 Q2 Form 10-Q Financial Statement

#000095017024059575 Filed on May 14, 2024

View on sec.gov

Income Statement

Concept 2024 Q2 2024 Q1
Revenue $120.5K $1.088M
YoY Change 33.9% 2209.72%
Cost Of Revenue $176.1K $157.1K
YoY Change 10.04% 0.0%
Gross Profit -$55.56K $931.2K
YoY Change -20.63% -946.39%
Gross Profit Margin -46.1% 85.56%
Selling, General & Admin $700.2K $966.5K
YoY Change 25.03% 37.22%
% of Gross Profit 103.79%
Research & Development -$1.938M $965.9K
YoY Change -380.88% 61.71%
% of Gross Profit 103.73%
Depreciation & Amortization $340.00 $340.00
YoY Change -29.17%
% of Gross Profit 0.04%
Operating Expenses $1.479M $2.200M
YoY Change 8.71% 40.1%
Operating Profit -$1.534M -$2.200M
YoY Change 7.28% 40.1%
Interest Expense -$1.026M -$702.3K
YoY Change 689.38% 464.06%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income -$2.560M -$1.814M
YoY Change 63.07% 10.09%
Income Tax $33.41K
% Of Pretax Income
Net Earnings -$2.594M -$1.814M
YoY Change 69.52% 10.09%
Net Earnings / Revenue -2152.25% -166.68%
Basic Earnings Per Share -$0.03
Diluted Earnings Per Share -$0.04 -$0.03
COMMON SHARES
Basic Shares Outstanding 63.63M 60.31M
Diluted Shares Outstanding 60.47M

Balance Sheet

Concept 2024 Q2 2024 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $5.423M $7.012M
YoY Change 561.35% 1087.51%
Cash & Equivalents $5.423M $7.012M
Short-Term Investments
Other Short-Term Assets $1.320M $775.7K
YoY Change -10.22% 31.3%
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $6.743M $7.788M
YoY Change 193.52% 559.31%
LONG-TERM ASSETS
Property, Plant & Equipment $3.221K $3.559K
YoY Change -29.66% -29.66%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $546.2K $546.2K
YoY Change -0.69% 9.35%
Total Long-Term Assets $49.62M $52.11M
YoY Change -4.6% -0.42%
TOTAL ASSETS
Total Short-Term Assets $6.743M $7.788M
Total Long-Term Assets $49.62M $52.11M
Total Assets $56.36M $59.90M
YoY Change 3.78% 11.94%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $563.8K $982.5K
YoY Change -40.02% 49.47%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change -100.0% -100.0%
Long-Term Debt Due $0.00 $0.00
YoY Change -100.0% -100.0%
Total Short-Term Liabilities $683.8K $3.543M
YoY Change -92.69% -60.98%
LONG-TERM LIABILITIES
Long-Term Debt $15.10M $14.45M
YoY Change
Other Long-Term Liabilities $2.150M $2.118M
YoY Change 14.38% 32.38%
Total Long-Term Liabilities $17.52M $16.81M
YoY Change 727.92% 795.3%
TOTAL LIABILITIES
Total Short-Term Liabilities $683.8K $3.543M
Total Long-Term Liabilities $17.52M $16.81M
Total Liabilities $18.21M $20.35M
YoY Change 58.78% 85.76%
SHAREHOLDERS EQUITY
Retained Earnings -$82.38M -$79.78M
YoY Change 10.84% 9.61%
Common Stock $120.5M $119.3M
YoY Change 2.88% 3.45%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $38.16M $39.54M
YoY Change
Total Liabilities & Shareholders Equity $56.36M $59.90M
YoY Change 3.78% 11.94%

Cashflow Statement

Concept 2024 Q2 2024 Q1
OPERATING ACTIVITIES
Net Income -$2.594M -$1.814M
YoY Change 69.52% 10.09%
Depreciation, Depletion And Amortization $340.00 $340.00
YoY Change -29.17%
Cash From Operating Activities -$2.345M -$1.538M
YoY Change 19.62% 55.96%
INVESTING ACTIVITIES
Capital Expenditures $0.00 $50.00K
YoY Change 0.0%
Acquisitions
YoY Change
Other Investing Activities $0.00
YoY Change -100.0%
Cash From Investing Activities $0.00 -$50.00K
YoY Change -100.0% 0.0%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 755.2K 27.24K
YoY Change -66.43% -91.36%
NET CHANGE
Cash From Operating Activities -2.345M -1.538M
Cash From Investing Activities 0.000 -50.00K
Cash From Financing Activities 755.2K 27.24K
Net Change In Cash -1.589M -1.561M
YoY Change -762.21% 116.49%
FREE CASH FLOW
Cash From Operating Activities -$2.345M -$1.538M
Capital Expenditures $0.00 $50.00K
Free Cash Flow -$2.345M -$1.588M
YoY Change 19.62% 53.26%

Facts In Submission

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CY2024Q1 us-gaap Asset Retirement Obligation
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CY2024Q1 us-gaap Mine Reclamation And Closing Liability Noncurrent
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CY2024Q1 us-gaap Other Income
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CY2024Q1 pzg Exploration And Development Expenses
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pzg Exploration And Development Expenses
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pzg Land Holding Costs
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CY2023Q1 pzg Exploration And Development Expenses
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pzg Exploration And Development Expenses
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pzg Land Holding Costs
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CY2023Q2 us-gaap Mineral Properties Net
MineralPropertiesNet
51458261

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