Contango ORE, Inc. (CTGO) Financial Statements (2024 and earlier)

Company Profile

Business Address 3700 BUFFALO SPEEDWAY
HOUSTON, TX 77098
State of Incorp. DE
Fiscal Year End June 30
Industry (SIC) 104 - Gold And Silver Ores (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) (USD)

9/30/2023
MRQ
6/30/2023
12/31/2022
MRQ
6/30/2022
6/30/2021
6/30/2020
6/30/2019
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments11,646,1948,765,15423,095,10135,220,5883,011,9188,600,658
Cash and cash equivalents11,646,1948,765,15423,095,10135,220,5883,011,9188,600,658
Restricted cash and investments231,000231,000231,000   
Receivables    198,126  
Prepaid expense413,907816,596453,353515,63572,244161,195
Derivative instruments and hedges, assets      
Total current assets:12,291,1019,812,75023,779,45435,934,3493,084,1628,761,853
Noncurrent Assets
Property, plant and equipment    36,531  
Other noncurrent assets13,371,63813,446,82213,514,531   
Total noncurrent assets:13,371,63813,446,82213,514,53136,531  
TOTAL ASSETS:25,662,73923,259,57237,293,98535,970,8803,084,1628,761,853
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities2,298,6251,405,5141,504,837222,1051,089,395419,289
Accounts payable220,755150,677633,85626,26883,15871,410
Accrued liabilities2,077,8701,254,837870,981195,8371,006,237347,879
Debt      
Total current liabilities:2,298,6251,405,5141,504,837222,1051,089,395419,289
Noncurrent Liabilities
Long-term debt and lease obligation25,457,04719,350,32219,239,960   
Long-term debt, excluding current maturities25,457,04719,350,32219,239,960   
Liabilities, other than long-term debt1,480,5052,081,1192,075,145   
Asset retirement obligations239,942234,056228,082   
Business combination, contingent consideration, liability1,240,5631,847,0631,847,063   
Derivative instruments and hedges, liabilities      
Other undisclosed noncurrent liabilities1,200,0001,200,0001,200,0001,200,000  
Total noncurrent liabilities:28,137,55222,631,44122,515,1051,200,000  
Total liabilities:30,436,17724,036,95524,019,9421,422,1051,089,395419,289
Equity
Equity, attributable to parent(4,773,438)(777,383)13,274,04334,548,7751,994,7678,342,564
Preferred stock  71,014    
Common stock77,817 68,60466,75765,90163,571
Treasury stock, value  (2,318,182) (476,672) 
Additional paid in capital93,424,28379,086,14274,057,85969,509,60661,302,24957,935,663
Accumulated deficit(98,275,538)(79,934,539)(58,534,238)(35,027,588)(58,896,711)(49,656,670)
Total equity:(4,773,438)(777,383)13,274,04334,548,7751,994,7678,342,564
TOTAL LIABILITIES AND EQUITY:25,662,73923,259,57237,293,98535,970,8803,084,1628,761,853

Income Statement (P&L) (USD)

9/30/2023
TTM
6/30/2023
12/31/2022
TTM
6/30/2022
6/30/2021
6/30/2020
6/30/2019
Gross profit:(399,394)(565,453)(714,075)   
Operating expenses(17,252,347)(23,375,397)(18,919,212)(10,662,178)(5,594,995)(4,440,546)
Operating loss:(17,651,741)(23,940,850)(19,633,287)(10,662,178)(5,594,995)(4,440,546)
Nonoperating income (expense)(22,089,559)(11,638,580)(3,993,094)35,833,175(3,645,046)(3,915,293)
Investment income, nonoperating29,65116,6641,50339,694,42774,954224,707
Interest and debt expense  (776,137)(330,047)   
Income (loss) from continuing operations before equity method investments, income taxes:(39,741,300)(36,355,567)(23,956,428)25,170,997(9,240,041)(8,355,839)
Other undisclosed income from continuing operations before income taxes  776,137330,047   
Income (loss) from continuing operations before income taxes:(39,741,300)(35,579,430)(23,626,381)25,170,997(9,240,041)(8,355,839)
Income tax expense (benefit)  119,731119,731(1,301,874)  
Income (loss) from continuing operations:(39,741,300)(35,459,699)(23,506,650)23,869,123(9,240,041)(8,355,839)
Income (loss) before gain (loss) on sale of properties:(21,151,168)(23,506,650)23,869,123(9,240,041)(8,355,839)
Net income (loss) available to common stockholders, diluted:(39,741,300)(35,459,699)(23,506,650)23,869,123(9,240,041)(8,355,839)

Comprehensive Income (USD)

9/30/2023
TTM
6/30/2023
12/31/2022
TTM
6/30/2022
6/30/2021
6/30/2020
6/30/2019
Net income (loss):(39,741,300)(35,459,699)(23,506,650)23,869,123(9,240,041)(8,355,839)
Comprehensive income (loss), net of tax, attributable to parent:(39,741,300)(35,459,699)(23,506,650)23,869,123(9,240,041)(8,355,839)

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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