$THMG
THUNDER MOUNTAIN GOLD INC

2023 Q4 Form 10-Q Financial Statement

#000106299323020697 Filed on November 13, 2023

View on sec.gov

Income Statement

Concept 2023 Q4 2023 Q3
Revenue $0.00 $0.00
YoY Change -100.0% -100.0%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin $96.13K $78.67K
YoY Change -7.0% -35.13%
% of Gross Profit
Research & Development $31.94K $12.75K
YoY Change -1113.97% 1091.59%
% of Gross Profit
Depreciation & Amortization $0.00 $0.00
YoY Change -100.0% -100.0%
% of Gross Profit
Operating Expenses $128.1K $103.4K
YoY Change 27.37% -28.14%
Operating Profit -$103.4K
YoY Change 50.06%
Interest Expense -$257.4K -$16.69K
YoY Change -473.14% -92.75%
% of Operating Profit
Other Income/Expense, Net $27.44K -$16.29K
YoY Change -270.97% -92.9%
Pretax Income -$384.9K -$119.7K
YoY Change -2024.35% -59.9%
Income Tax
% Of Pretax Income
Net Earnings -$389.9K -$119.7K
YoY Change -2145.49% -59.9%
Net Earnings / Revenue
Basic Earnings Per Share $0.00
Diluted Earnings Per Share -$0.01 $0.00
COMMON SHARES
Basic Shares Outstanding 60.86M shares 60.86M shares
Diluted Shares Outstanding 60.86M shares

Balance Sheet

Concept 2023 Q4 2023 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $598.5K $978.9K
YoY Change -57.89% 16.42%
Cash & Equivalents $170.6K $209.5K
Short-Term Investments $427.8K $769.3K
Other Short-Term Assets $33.79K $39.58K
YoY Change 68.03% 6.57%
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $632.3K $1.018M
YoY Change -56.14% 16.0%
LONG-TERM ASSETS
Property, Plant & Equipment $332.5K $290.3K
YoY Change 18.38% 3.24%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets
YoY Change
Total Long-Term Assets $354.1K $316.7K
YoY Change 26.08% -66.69%
TOTAL ASSETS
Total Short-Term Assets $632.3K $1.018M
Total Long-Term Assets $354.1K $316.7K
Total Assets $986.4K $1.335M
YoY Change -42.73% -26.99%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $39.05K $32.97K
YoY Change 41.49% -5.45%
Accrued Expenses $155.3K $136.7K
YoY Change 5.87% -9.89%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change -100.0%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $1.299M $1.253M
YoY Change 6.37% -7.82%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00
YoY Change
Other Long-Term Liabilities $84.78K $90.00K
YoY Change 4.34% 38.46%
Total Long-Term Liabilities $84.78K $90.00K
YoY Change 4.34% 38.46%
TOTAL LIABILITIES
Total Short-Term Liabilities $1.299M $1.253M
Total Long-Term Liabilities $84.78K $90.00K
Total Liabilities $1.384M $1.343M
YoY Change 6.24% -5.71%
SHAREHOLDERS EQUITY
Retained Earnings -$7.169M -$6.779M
YoY Change 12.87% 6.41%
Common Stock $60.86K $60.86K
YoY Change 0.0% 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity -$567.0K -$177.1K
YoY Change
Total Liabilities & Shareholders Equity $986.4K $1.335M
YoY Change -42.73% -26.99%

Cashflow Statement

Concept 2023 Q4 2023 Q3
OPERATING ACTIVITIES
Net Income -$389.9K -$119.7K
YoY Change -2145.49% -59.9%
Depreciation, Depletion And Amortization $0.00 $0.00
YoY Change -100.0% -100.0%
Cash From Operating Activities -$80.81K -$94.84K
YoY Change -35.01% 109.18%
INVESTING ACTIVITIES
Capital Expenditures $42.18K $0.00
YoY Change
Acquisitions
YoY Change
Other Investing Activities $84.08K
YoY Change
Cash From Investing Activities $41.91K $0.00
YoY Change
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 0.000 0.000
YoY Change -100.0%
NET CHANGE
Cash From Operating Activities -80.81K -94.84K
Cash From Investing Activities 41.91K 0.000
Cash From Financing Activities 0.000 0.000
Net Change In Cash -38.90K -94.84K
YoY Change -75.4% 109.18%
FREE CASH FLOW
Cash From Operating Activities -$80.81K -$94.84K
Capital Expenditures $42.18K $0.00
Free Cash Flow -$123.0K -$94.84K
YoY Change

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
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AccruedLiabilitiesCurrent
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CY2023Q3 thmg Advances Payable Current
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thmg Annual Committed Lease Payments Per Acre
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CY2022Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period
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CY2022Q1 thmg Stock Options Granted To Directors Fair Value
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CY2022Q1 us-gaap Allocated Share Based Compensation Expense
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us-gaap Payments To Acquire Mineral Rights
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us-gaap Share Based Compensation
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CY2022Q4 us-gaap Deferred Compensation Liability Current
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CY2023Q3 us-gaap Deposits Assets Noncurrent
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CY2022Q4 us-gaap Deposits Assets Noncurrent
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CY2023Q1 us-gaap Area Of Land
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CY2023Q1 us-gaap Purchase Options Land
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thmg Amount Of Compensation Paid To Board Of Directors
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CY2023Q3 us-gaap Operating Lease Right Of Use Asset
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CY2023Q3 thmg Management Service Income One
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CY2022Q3 thmg Management Service Income One
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thmg Management Service Income One
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thmg Management Service Income One
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us-gaap Revenues
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CY2022Q3 us-gaap Exploration Expense
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CY2023Q3 us-gaap Legal Fees
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CY2022Q3 us-gaap Legal Fees
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CY2023Q3 us-gaap General And Administrative Expense
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CY2022Q3 us-gaap General And Administrative Expense
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CY2023Q3 us-gaap Depreciation Nonproduction
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CY2022Q3 us-gaap Depreciation Nonproduction
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331 usd
CY2023Q3 us-gaap Operating Expenses
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CY2022Q3 us-gaap Operating Expenses
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CY2023Q3 us-gaap Operating Income Loss
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CY2022Q3 us-gaap Operating Income Loss
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CY2023Q3 us-gaap Unrealized Gain Loss On Investments
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CY2022Q3 us-gaap Other Income
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494 usd
CY2023Q3 us-gaap Other Nonoperating Income Expense
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-16292 usd
CY2022Q3 us-gaap Other Nonoperating Income Expense
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CY2022Q3 us-gaap Profit Loss
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CY2023Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
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CY2022Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
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CY2023Q3 us-gaap Net Income Loss
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CY2022Q3 us-gaap Net Income Loss
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us-gaap Net Income Loss
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CY2023Q3 us-gaap Earnings Per Share Diluted
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us-gaap Increase Decrease In Interest Payable Net
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us-gaap Increase Decrease In Interest Payable Net
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us-gaap Increase Decrease In Accrued Liabilities
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us-gaap Repayments Of Related Party Debt
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us-gaap Repayments Of Related Party Debt
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us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
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us-gaap Net Income Loss
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CY2022Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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us-gaap Net Income Loss
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CY2023Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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CY2023Q3 thmg Rou Asset Decreased Amount
RouAssetDecreasedAmount
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CY2023Q3 us-gaap Commitments And Contingencies
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CY2022Q4 us-gaap Commitments And Contingencies
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CY2022Q4 thmg Accrued Payroll Liability
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CY2023Q3 us-gaap Commitments And Contingencies
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CY2022Q3 us-gaap Earnings Per Share Diluted
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CY2022Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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CY2022Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
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us-gaap Increase Decrease In Accrued Liabilities
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us-gaap Use Of Estimates
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<div> <p style="margin-left: 18pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: Times New Roman,Times,serif;"><span style="text-decoration: underline;">Accounting Estimates</span></span></span></p> <p style="margin-left: 18pt; text-align: justify;"><span style="font-size: 10pt;"><span style="font-family: Times New Roman,Times,serif;">The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosures of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. The more significant areas requiring the use of management estimates and assumptions include the carrying value of properties and mineral interests, environmental remediation liabilities, deferred tax assets, and stock-based compensation. Management's estimates and assumptions are based on historical experience and other assumptions believed to be reasonable under the circumstances. Actual results could differ from those estimates.</span></span></p> </div>
CY2023Q1 thmg Real Estate Purchase And Sale Remaining Balance Due
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CY2023Q1 thmg Real Estate Purchase And Sale Agreement Terms
RealEstatePurchaseAndSaleAgreementTerms
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CY2023Q3 us-gaap Lessee Operating Lease Term Of Contract
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CY2023Q3 us-gaap Lessee Operating Lease Renewal Term
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thmg Assets Disposed
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CY2023Q3 us-gaap Deposit Assets
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CY2023Q3 thmg Accrued Payroll Liability
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us-gaap Operating Lease Expense
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