$PZG
Paramount Gold Nevada Corp.

2016 Q2 Form 10-K Financial Statement

#000156459016025274 Filed on September 16, 2016

View on sec.gov

Income Statement

Concept 2016 Q2 2016 2015 Q2
Revenue $35.80K $166.7K $38.90K
YoY Change -7.98% 22.2% 14.97%
Cost Of Revenue $100.0K $398.1K
YoY Change -10.49%
Gross Profit -$70.00K -$231.4K
YoY Change -24.96%
Gross Profit Margin -195.55% -138.78%
Selling, General & Admin -$60.00K $1.531M $920.0K
YoY Change -106.52% 25.88% 736.36%
% of Gross Profit
Research & Development $150.0K $695.2K $370.0K
YoY Change -59.46% -23.62% -38.33%
% of Gross Profit
Depreciation & Amortization $0.00 $3.906K $0.00
YoY Change 193.02%
% of Gross Profit
Operating Expenses $170.0K $5.456M $1.460M
YoY Change -88.36% 73.15% 73.81%
Operating Profit -$2.716M -$5.290M -$1.321M
YoY Change 105.57% 75.45% 100.22%
Interest Expense $10.00K $17.26K -$130.0K
YoY Change -107.69% -100.78% -76.79%
% of Operating Profit
Other Income/Expense, Net $100.0K
YoY Change 150.0%
Pretax Income -$2.700M -$5.342M -$1.460M
YoY Change 84.93% 2.12% 10.61%
Income Tax
% Of Pretax Income
Net Earnings -$2.705M -$5.342M -$1.455M
YoY Change 85.84% 2.12% 18.24%
Net Earnings / Revenue -7555.62% -3204.28% -3741.1%
Basic Earnings Per Share -$0.32 $0.63 $0.18
Diluted Earnings Per Share -$0.32 $0.63 $0.18
COMMON SHARES
Basic Shares Outstanding 8.519M 8.519M
Diluted Shares Outstanding 8.519M

Balance Sheet

Concept 2016 Q2 2016 2015 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $5.870M $5.874M $9.300M
YoY Change -36.88% -36.82% 820.79%
Cash & Equivalents $5.874M $5.874M $9.283M
Short-Term Investments $0.00 $0.00 $10.00K
Other Short-Term Assets $562.0K $761.9K $250.0K
YoY Change 124.8% 207.56% 8.7%
Inventory
Prepaid Expenses
Receivables $0.00 $0.00 $37.07K
Other Receivables $810.0K $808.2K $0.00
Total Short-Term Assets $7.444M $7.444M $9.582M
YoY Change -22.31% -22.31% 671.01%
LONG-TERM ASSETS
Property, Plant & Equipment $14.90K $25.69M $7.996K
YoY Change 86.29% -8.4% -99.97%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $2.350M $2.350M $2.520M
YoY Change -6.75% -6.89% -4.18%
Total Long-Term Assets $28.04M $28.04M $30.57M
YoY Change -8.27% -8.27% -1.39%
TOTAL ASSETS
Total Short-Term Assets $7.444M $7.444M $9.582M
Total Long-Term Assets $28.04M $28.04M $30.57M
Total Assets $35.48M $35.48M $40.15M
YoY Change -11.62% -11.62% 24.52%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $180.0K $175.8K $230.0K
YoY Change -21.74% -24.61% 666.67%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $559.9K $559.9K $233.2K
YoY Change 140.09% 140.09% -98.49%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities $1.020M $1.018M $1.290M
YoY Change -20.93% -21.36% 0.0%
Total Long-Term Liabilities $1.020M $1.018M $1.290M
YoY Change -20.93% -21.36% 0.0%
TOTAL LIABILITIES
Total Short-Term Liabilities $559.9K $559.9K $233.2K
Total Long-Term Liabilities $1.020M $1.018M $1.290M
Total Liabilities $1.578M $1.578M $1.528M
YoY Change 3.28% 3.28% -90.84%
SHAREHOLDERS EQUITY
Retained Earnings -$31.32M -$25.98M
YoY Change 20.56% 25.21%
Common Stock $65.23M $64.66M
YoY Change 0.88% 78.38%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $33.91M $33.91M $38.62M
YoY Change
Total Liabilities & Shareholders Equity $35.48M $35.48M $40.15M
YoY Change -11.62% -11.62% 24.52%

Cashflow Statement

Concept 2016 Q2 2016 2015 Q2
OPERATING ACTIVITIES
Net Income -$2.705M -$5.342M -$1.455M
YoY Change 85.84% 2.12% 18.24%
Depreciation, Depletion And Amortization $0.00 $3.906K $0.00
YoY Change 193.02%
Cash From Operating Activities -$700.0K -$2.597M -$750.0K
YoY Change -6.67% 27.23% 102.7%
INVESTING ACTIVITIES
Capital Expenditures $0.00 -$10.81K $0.00
YoY Change 712.78%
Acquisitions
YoY Change
Other Investing Activities -$800.0K -$800.0K $0.00
YoY Change -273.13%
Cash From Investing Activities -$800.0K -$810.8K $0.00
YoY Change -275.98%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 300.0K 0.000 9.160M
YoY Change -96.72% -100.0% 2594.12%
NET CHANGE
Cash From Operating Activities -700.0K -2.597M -750.0K
Cash From Investing Activities -800.0K -810.8K 0.000
Cash From Financing Activities 300.0K 0.000 9.160M
Net Change In Cash -1.200M -3.408M 8.410M
YoY Change -114.27% -138.6% -28133.33%
FREE CASH FLOW
Cash From Operating Activities -$700.0K -$2.597M -$750.0K
Capital Expenditures $0.00 -$10.81K $0.00
Free Cash Flow -$700.0K -$2.587M -$750.0K
YoY Change -6.67% 26.78%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2016Q2 us-gaap Prepaid Insurance
PrepaidInsurance
24517
CY2016Q2 pzg Promissory Note Receivable
PromissoryNoteReceivable
808187
CY2016Q2 us-gaap Other Assets Current
OtherAssetsCurrent
561997
CY2016Q2 us-gaap Asset Retirement Obligation
AssetRetirementObligation
1402039
CY2016 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
561997
CY2016 us-gaap Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
-23293
CY2015 us-gaap Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
91037
CY2016Q2 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2015Q2 us-gaap Prepaid Insurance
PrepaidInsurance
49043
CY2015Q2 us-gaap Available For Sale Securities Equity Securities Current
AvailableForSaleSecuritiesEquitySecuritiesCurrent
14657
CY2015Q2 us-gaap Assets Current
AssetsCurrent
9581981
CY2015Q2 us-gaap Mineral Properties Net
MineralPropertiesNet
28036135
CY2015Q2 pzg Prepaid Insurance Noncurrent
PrepaidInsuranceNoncurrent
24518
CY2016Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
14896
CY2015Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
7996
CY2016Q2 pzg Reclamation Bond Noncurrent
ReclamationBondNoncurrent
2350131
CY2015Q2 pzg Reclamation Bond Noncurrent
ReclamationBondNoncurrent
2499396
CY2016Q2 us-gaap Assets Noncurrent
AssetsNoncurrent
28039685
CY2015Q2 us-gaap Assets Noncurrent
AssetsNoncurrent
30568045
CY2016Q2 us-gaap Assets
Assets
35484027
CY2015Q2 us-gaap Assets
Assets
40150026
CY2016Q2 us-gaap Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
175801
CY2015Q2 us-gaap Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
233200
CY2016Q2 us-gaap Asset Retirement Obligation Current
AssetRetirementObligationCurrent
384099
CY2016Q2 us-gaap Liabilities Current
LiabilitiesCurrent
559900
CY2015Q2 us-gaap Liabilities Current
LiabilitiesCurrent
233200
CY2016Q2 us-gaap Mine Reclamation And Closing Liability Noncurrent
MineReclamationAndClosingLiabilityNoncurrent
1017940
CY2015Q2 us-gaap Mine Reclamation And Closing Liability Noncurrent
MineReclamationAndClosingLiabilityNoncurrent
1294497
CY2016Q2 us-gaap Liabilities
Liabilities
1577840
CY2015Q2 us-gaap Liabilities
Liabilities
1527697
CY2016Q2 us-gaap Common Stock Value
CommonStockValue
85188
CY2015Q2 us-gaap Common Stock Value
CommonStockValue
85188
CY2016Q2 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
65143383
CY2015Q2 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
64572546
CY2016Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-31322384
CY2015Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-25980212
CY2015Q2 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-55193
CY2015Q2 us-gaap Stockholders Equity
StockholdersEquity
38622329
CY2015Q2 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
40150026
CY2016 us-gaap Net Income Loss
NetIncomeLoss
-5342172
CY2015 us-gaap Net Income Loss
NetIncomeLoss
-5231207
CY2016 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
55193
CY2016 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-5286979
CY2016 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-5342172
CY2016 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
570837
CY2016 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
0
CY2016 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.63
CY2016 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
8518791
CY2016 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
8518791
CY2014Q2 us-gaap Stockholders Equity
StockholdersEquity
15558333
CY2015 us-gaap Depreciation
Depreciation
1333
CY2015 us-gaap Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
134768
CY2016 us-gaap Asset Impairment Charges
AssetImpairmentCharges
2482045
CY2015 us-gaap Asset Impairment Charges
AssetImpairmentCharges
337400
CY2016 us-gaap Operating Expenses
OperatingExpenses
5456304
CY2015 us-gaap Operating Expenses
OperatingExpenses
3151287
CY2016 us-gaap Operating Income Loss
OperatingIncomeLoss
-5289584
CY2015 us-gaap Operating Income Loss
OperatingIncomeLoss
-3014850
CY2015 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
8185999
CY2015 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
8185999
CY2015 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
29701475
CY2015 us-gaap Stockholders Equity Note Spinoff Transaction
StockholdersEquityNoteSpinoffTransaction
29701475
CY2015 pzg Adjustments To Additional Paid In Capital Contributed Capital
AdjustmentsToAdditionalPaidInCapitalContributedCapital
8445860
CY2016 us-gaap Investment Income Interest
InvestmentIncomeInterest
17478
CY2015 us-gaap Investment Income Interest
InvestmentIncomeInterest
4195
CY2016 pzg Interest And Service Charges
InterestAndServiceCharges
216
CY2015 pzg Interest And Service Charges
InterestAndServiceCharges
2252527
CY2015 us-gaap Available For Sale Securities Gross Realized Gain Loss Net
AvailableForSaleSecuritiesGrossRealizedGainLossNet
31975
CY2016 us-gaap Other Than Temporary Impairment Losses Investments Availableforsale Securities
OtherThanTemporaryImpairmentLossesInvestmentsAvailableforsaleSecurities
69850
CY2015 us-gaap Adjustments To Additional Paid In Capital Equity Component Of Convertible Debt
AdjustmentsToAdditionalPaidInCapitalEquityComponentOfConvertibleDebt
15866870
CY2015 pzg Stock Issued During Period Value Private Placement
StockIssuedDuringPeriodValuePrivatePlacement
1470000
CY2015 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
-115342
CY2015 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-5346549
CY2016 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.63
CY2015 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.64
CY2015 us-gaap Interest Expense Related Party
InterestExpenseRelatedParty
2252027
CY2016 us-gaap Reclamation And Mine Shutdown Provision
ReclamationAndMineShutdownProvision
-11753
CY2015 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.64
CY2015 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
375788
CY2015 pzg Adjustments To Additional Paid In Capital Impact Of Imputed Interest On Related Party Debt
AdjustmentsToAdditionalPaidInCapitalImpactOfImputedInterestOnRelatedPartyDebt
2252027
CY2015 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
-8711
CY2015 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
106631
CY2015 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-5231207
CY2016 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
55193
CY2016 us-gaap Share Based Compensation
ShareBasedCompensation
570837
CY2015 us-gaap Share Based Compensation
ShareBasedCompensation
375788
CY2016 pzg Accrued Interest
AccruedInterest
8187
CY2015 us-gaap Reclamation And Mine Shutdown Provision
ReclamationAndMineShutdownProvision
-4195
CY2016 pzg Amortization Of Prepaid Insurance Expenses
AmortizationOfPrepaidInsuranceExpenses
49044
CY2015 pzg Amortization Of Prepaid Insurance Expenses
AmortizationOfPrepaidInsuranceExpenses
49044
CY2016 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-37071
CY2015 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
37071
CY2016 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-57399
CY2015 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
203546
CY2014Q2 us-gaap Asset Retirement Obligation
AssetRetirementObligation
1291066
CY2015 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
460746
CY2016 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-3408276
CY2014Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
452436
CY2016 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
-2597470
CY2015 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
-2041579
CY2015 pzg Proceed From Payment To Marketable Securities
ProceedFromPaymentToMarketableSecurities
462075
CY2016 us-gaap Payments To Acquire Notes Receivable
PaymentsToAcquireNotesReceivable
800000
CY2016 us-gaap Payments To Acquire Machinery And Equipment
PaymentsToAcquireMachineryAndEquipment
10806
CY2015 us-gaap Payments To Acquire Machinery And Equipment
PaymentsToAcquireMachineryAndEquipment
1329
CY2016 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-810806
CY2015 us-gaap Proceeds From Contributed Capital
ProceedsFromContributedCapital
8445860
CY2015 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
1470000
CY2015 pzg Proceeds From Short Term Related Party Debt
ProceedsFromShortTermRelatedPartyDebt
495071
CY2015 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
10410931
CY2015 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
8830098
CY2016Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
-1033971
CY2016 us-gaap Use Of Estimates
UseOfEstimates
<div> <p style="margin-top:18pt;margin-bottom:0pt;text-indent:0%;font-weight:bold;font-family:Times New Roman;font-size:10pt;font-style:normal;text-transform:none;font-variant: normal;">Use of Estimates</p> <p style="margin-top:6pt;margin-bottom:0pt;text-indent:0%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">The preparation of these consolidated financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, disclosure of contingent assets and liabilities at the date of the consolidated financial statements, and the reported amounts of revenue and expenses during the reporting period. Actual results could differ from those estimates.</p> <p style="margin-top:12pt;margin-bottom:0pt;text-indent:0%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Significant estimates made by management in the accompanying consolidated financial statements include the adequacy of the Company&#8217;s asset retirement obligations, valuation of deferred tax asset, estimation of market rates of interest.</p></div>
CY2016 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<div> <p style="margin-top:18pt;margin-bottom:0pt;text-indent:0%;font-weight:bold;font-family:Times New Roman;font-size:10pt;font-style:normal;text-transform:none;font-variant: normal;">Concentration of Credit Risk</p> <p style="margin-top:6pt;margin-bottom:0pt;text-indent:0%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Financial instruments that potentially subject the Company to a concentration of credit risk consist principally of cash and cash equivalents and amounts receivable.&nbsp;&nbsp;The Company maintains cash in accounts which may, at times, exceed federally insured limits.&nbsp;&nbsp;At June 30, 2015, the balances of approximately $5.6 million were in excess of federally insured limits.&nbsp;&nbsp;We deposit our cash with financial institutions which we believe have sufficient credit quality to minimize the risk of loss.</p></div>
CY2016 us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
500
CY2016 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.3400
CY2016 us-gaap Operating Leases Income Statement Lease Revenue
OperatingLeasesIncomeStatementLeaseRevenue
5202
CY2015 us-gaap Operating Leases Income Statement Lease Revenue
OperatingLeasesIncomeStatementLeaseRevenue
5100
CY2015 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.3400
CY2016 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
1816338
CY2015Q2 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2015Q2 pzg Concentration Of Credit Risk Uninsured Cash Amount
ConcentrationOfCreditRiskUninsuredCashAmount
5600000
CY2016 pzg Cash Uninsured Amount Description
CashUninsuredAmountDescription
We deposit our cash with financial institutions which we believe have sufficient credit quality to minimize the risk of loss
CY2016Q2 pzg Available For Sale Equity Securities Amortized Cost Basis Before Adjustment
AvailableForSaleEquitySecuritiesAmortizedCostBasisBeforeAdjustment
69850
CY2015Q2 pzg Available For Sale Equity Securities Amortized Cost Basis Before Adjustment
AvailableForSaleEquitySecuritiesAmortizedCostBasisBeforeAdjustment
69850
CY2016Q2 pzg Available For Sale Equity Securities Cumulative Other Than Temporary Impairment Losses
AvailableForSaleEquitySecuritiesCumulativeOtherThanTemporaryImpairmentLosses
69850
CY2015Q2 us-gaap Available For Sale Equity Securities Amortized Cost Basis
AvailableForSaleEquitySecuritiesAmortizedCostBasis
69850
CY2015Q2 us-gaap Available For Sale Equity Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleEquitySecuritiesAccumulatedGrossUnrealizedLossBeforeTax
55193
CY2016 pzg Severity Of Impairment Percentage
SeverityOfImpairmentPercentage
0.95
CY2016 pzg Available For Sale Equity Securities Cost Basis
AvailableForSaleEquitySecuritiesCostBasis
69850
CY2016 us-gaap Nonmonetary Transaction Amount Of Barter Transaction
NonmonetaryTransactionAmountOfBarterTransaction
0
CY2014Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
25000
CY2014Q4 us-gaap Common Stock No Par Value
CommonStockNoParValue
CY2015Q1 pzg Cancellation Of Treasury Stock
CancellationOfTreasuryStock
1000
CY2015Q2 us-gaap Proceeds From Contributions From Parent
ProceedsFromContributionsFromParent
8450000
CY2016 us-gaap Adjustments To Additional Paid In Capital Equity Component Of Convertible Debt
AdjustmentsToAdditionalPaidInCapitalEquityComponentOfConvertibleDebt
15866870
CY2015Q2 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Number Of Shares
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedNumberOfShares
663330
CY2016Q2 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Number Of Shares
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedNumberOfShares
663330
CY2016Q2 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
182106
CY2016 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
P1Y
CY2015 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Total Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodTotalFairValue
360519
CY2016Q2 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
20135
CY2015Q2 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
9329
CY2016Q2 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
5239
CY2015Q2 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
1333
CY2016 us-gaap Property Plant And Equipment Additions
PropertyPlantAndEquipmentAdditions
10806
CY2015 us-gaap Property Plant And Equipment Additions
PropertyPlantAndEquipmentAdditions
9329
CY2015Q2 us-gaap Asset Retirement Obligation
AssetRetirementObligation
1294497
CY2016 us-gaap Asset Retirement Obligation Liabilities Settled
AssetRetirementObligationLiabilitiesSettled
161018
CY2015 us-gaap Asset Retirement Obligation Liabilities Settled
AssetRetirementObligationLiabilitiesSettled
131337
CY2016 us-gaap Asset Retirement Obligation Revision Of Estimate
AssetRetirementObligationRevisionOfEstimate
120568
CY2016 us-gaap Insurance Recoveries
InsuranceRecoveries
161018
CY2015 us-gaap Insurance Recoveries
InsuranceRecoveries
131337
CY2015Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.09
CY2016Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.13
CY2016Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.32
CY2015 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
1778610
CY2016 us-gaap Income Tax Reconciliation Nondeductible Expense
IncomeTaxReconciliationNondeductibleExpense
664
CY2014Q3 us-gaap Revenues
Revenues
30486
CY2014Q4 us-gaap Revenues
Revenues
67049
CY2015Q2 us-gaap Revenues
Revenues
38902
CY2014Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
-813337
CY2014Q4 us-gaap Operating Income Loss
OperatingIncomeLoss
-385064
CY2015Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
-495234
CY2016Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
-2716057
CY2015 us-gaap Income Tax Reconciliation Nondeductible Expense
IncomeTaxReconciliationNondeductibleExpense
765850
CY2015Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.09
CY2015 us-gaap Income Tax Reconciliation Change In Enacted Tax Rate
IncomeTaxReconciliationChangeInEnactedTaxRate
683335
CY2016 pzg Income Tax Reconciliation Impact On Other Comprehensive Income
IncomeTaxReconciliationImpactOnOtherComprehensiveIncome
18766
CY2015 pzg Income Tax Reconciliation Impact On Other Comprehensive Income
IncomeTaxReconciliationImpactOnOtherComprehensiveIncome
-39216
CY2016 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
1796908
CY2015 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
368641
CY2015Q3 us-gaap Revenues
Revenues
5202
CY2015Q4 us-gaap Revenues
Revenues
125722
CY2016Q2 us-gaap Revenues
Revenues
35796
CY2015Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
-803279
CY2015Q4 us-gaap Operating Income Loss
OperatingIncomeLoss
-736277
CY2015Q3 us-gaap Net Income Loss
NetIncomeLoss
-801993
CY2015Q4 us-gaap Net Income Loss
NetIncomeLoss
-734967
CY2016Q1 us-gaap Net Income Loss
NetIncomeLoss
-1100601
CY2016Q2 us-gaap Net Income Loss
NetIncomeLoss
-2704611
CY2015Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.09
CY2015Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.09
CY2016Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.13
CY2016Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.32
CY2015Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
-1321215
CY2014Q3 us-gaap Net Income Loss
NetIncomeLoss
-1467214
CY2014Q4 us-gaap Net Income Loss
NetIncomeLoss
-1094320
CY2015Q1 us-gaap Net Income Loss
NetIncomeLoss
-1214312
CY2015Q2 us-gaap Net Income Loss
NetIncomeLoss
-1455361
CY2014Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.18
CY2014Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.13
CY2015Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.15
CY2015Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.18
CY2014Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.18
CY2014Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.13
CY2015Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.15
CY2015Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.18
CY2016Q2 us-gaap Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
19444
CY2016Q2 us-gaap Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
18400
CY2016 us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
29846
CY2016Q1 us-gaap Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
0

Files In Submission

Name View Source Status
0001564590-16-025274-index-headers.html Edgar Link pending
0001564590-16-025274-index.html Edgar Link pending
0001564590-16-025274.txt Edgar Link pending
0001564590-16-025274-xbrl.zip Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx Edgar Link pending
gcsqgoqmuris000001.jpg Edgar Link pending
gcsqgoqmuris000002.jpg Edgar Link pending
gnefspato4ge000001.jpg Edgar Link pending
gnefspato4ge000002.jpg Edgar Link pending
gnefspato4ge000003.jpg Edgar Link pending
gnefspato4ge000004.jpg Edgar Link pending
gnefspato4ge000005.jpg Edgar Link pending
gnefspato4ge000006.jpg Edgar Link pending
gqm34hk5hgn2000001.jpg Edgar Link pending
gqm34hk5hgn2000002.jpg Edgar Link pending
gqm34hk5hgn2000003.jpg Edgar Link pending
gqm34hk5hgn2000004.jpg Edgar Link pending
pzg-10k_20160630.htm Edgar Link pending
pzg-20160630.xml Edgar Link completed
pzg-20160630.xsd Edgar Link pending
pzg-20160630_cal.xml Edgar Link unprocessable
pzg-20160630_def.xml Edgar Link unprocessable
pzg-20160630_lab.xml Edgar Link unprocessable
pzg-20160630_pre.xml Edgar Link unprocessable
pzg-ex211_12.htm Edgar Link pending
pzg-ex231_9.htm Edgar Link pending
pzg-ex311_10.htm Edgar Link pending
pzg-ex312_8.htm Edgar Link pending
pzg-ex321_11.htm Edgar Link pending
pzg-ex322_6.htm Edgar Link pending
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
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
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
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R52.htm Edgar Link pending
R53.htm Edgar Link pending
R54.htm Edgar Link pending
R55.htm Edgar Link pending
R56.htm Edgar Link pending
R57.htm Edgar Link pending
R58.htm Edgar Link pending
R59.htm Edgar Link pending
R6.htm Edgar Link pending
R60.htm Edgar Link pending
R61.htm Edgar Link pending
R62.htm Edgar Link pending
R63.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