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)Annual | Quarterly
| 9/30/2023 Q1 | 6/30/2023 Q4 | 3/31/2023 Q3 | 12/31/2022 Q2 | 9/30/2022 Q1 | 6/30/2022 Q4 | 3/31/2022 Q3 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 11,646,194 | 2,919,091 | 8,765,154 | 17,809,627 | 23,095,101 | 7,985,588 | |||
| Cash and cash equivalents | 11,646,194 | 2,919,091 | 8,765,154 | 17,809,627 | 23,095,101 | 7,985,588 | |||
| Restricted cash and investments | 231,000 | 231,000 | 231,000 | 231,000 | 231,000 | 231,000 | |||
| Receivables | 539,763 | ||||||||
| Prepaid expense | 413,907 | 977,382 | 816,596 | 439,969 | 453,353 | 1,220,016 | |||
| Derivative instruments and hedges, assets | |||||||||
| Total current assets: | 12,291,101 | 4,127,473 | 9,812,750 | 18,480,596 | 23,779,454 | 9,976,367 | |||
| Noncurrent Assets | |||||||||
| Other noncurrent assets | 13,371,638 | 13,412,607 | 13,446,822 | 13,480,317 | 13,514,531 | 13,608,794 | |||
| Total noncurrent assets: | 13,371,638 | 13,412,607 | 13,446,822 | 13,480,317 | 13,514,531 | 13,608,794 | |||
| TOTAL ASSETS: | 25,662,739 | 17,540,080 | 23,259,572 | 31,960,913 | 37,293,985 | 23,585,161 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 2,298,625 | 581,814 | 1,405,514 | 2,314,708 | 1,504,837 | 1,083,166 | |||
| Accounts payable | 220,755 | 74,956 | 150,677 | 1,210,347 | 633,856 | 585,683 | |||
| Accrued liabilities | 2,077,870 | 506,858 | 1,254,837 | 1,104,361 | 870,981 | 497,483 | |||
| Debt | 141,906 | ||||||||
| Total current liabilities: | 2,298,625 | 581,814 | 1,405,514 | 2,314,708 | 1,504,837 | 1,225,072 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 25,457,047 | 19,397,832 | 19,350,322 | 19,286,694 | 19,239,960 | ||||
| Long-term debt, excluding current maturities | 25,457,047 | 19,397,832 | 19,350,322 | 19,286,694 | 19,239,960 | ||||
| Liabilities, other than long-term debt | 1,480,505 | 2,083,984 | 2,081,119 | 2,078,171 | 2,075,145 | 2,072,273 | |||
| Asset retirement obligations | 239,942 | 236,921 | 234,056 | 231,108 | 228,082 | 225,210 | |||
| Business combination, contingent consideration, liability | 1,240,563 | 1,847,063 | 1,847,063 | 1,847,063 | 1,847,063 | 1,847,063 | |||
| Derivative instruments and hedges, liabilities | |||||||||
| Other undisclosed noncurrent liabilities | 1,200,000 | 1,200,000 | 1,200,000 | 1,200,000 | 1,200,000 | 1,200,000 | |||
| Total noncurrent liabilities: | 28,137,552 | 22,681,816 | 22,631,441 | 22,564,865 | 22,515,105 | 3,272,273 | |||
| Total liabilities: | 30,436,177 | 23,263,630 | 24,036,955 | 24,879,573 | 24,019,942 | 4,497,345 | |||
| Equity | |||||||||
| Equity, attributable to parent | (4,773,438) | (5,723,550) | (777,383) | 7,081,340 | 13,274,043 | 19,087,816 | |||
| Preferred stock | 73,067 | 71,014 | 68,604 | ||||||
| Common stock | 77,817 | 68,604 | 68,362 | ||||||
| Treasury stock, value | (2,206,989) | (2,318,182) | (2,318,182) | ||||||
| Additional paid in capital | 93,424,283 | 82,063,409 | 79,086,142 | 74,845,733 | 74,057,859 | 72,640,343 | |||
| Accumulated deficit | (98,275,538) | (87,860,026) | (79,934,539) | (65,626,008) | (58,534,238) | (51,302,707) | |||
| Total equity: | (4,773,438) | (5,723,550) | (777,383) | 7,081,340 | 13,274,043 | 19,087,816 | |||
| TOTAL LIABILITIES AND EQUITY: | 25,662,739 | 17,540,080 | 23,259,572 | 31,960,913 | 37,293,985 | 23,585,161 | |||
Income Statement (P&L) (USD)Annual | Quarterly
| 9/30/2023 Q1 | 6/30/2023 Q4 | 3/31/2023 Q3 | 12/31/2022 Q2 | 9/30/2022 Q1 | 6/30/2022 Q4 | 3/31/2022 Q3 | ||
|---|---|---|---|---|---|---|---|---|
| Gross profit: | (114,591) | (126,452) | (126,451) | (31,900) | (208,691) | (198,411) | ||
| Operating expenses | (3,576,346) | (2,269,927) | (4,433,172) | (6,972,903) | (6,740,919) | (5,228,403) | ||
| Operating loss: | (3,690,937) | (2,396,379) | (4,559,623) | (7,004,803) | (6,949,610) | (5,426,814) | ||
| Nonoperating expense | (6,724,575) | (5,529,108) | (9,748,908) | (86,967) | (281,921) | (1,520,784) | ||
| Other nonoperating income | 606,499 | 15,656 | ||||||
| Interest and debt expense | (449,470) | (323,564) | (3,103) | |||||
| Loss from continuing operations before equity method investments, income taxes: | (10,415,512) | (7,925,487) | (14,308,531) | (7,541,240) | (7,555,095) | (6,950,701) | ||
| Other undisclosed income from continuing operations before income taxes | 449,470 | 323,564 | 3,103 | |||||
| Loss from continuing operations before income taxes: | (10,415,512) | (7,925,487) | (14,308,531) | (7,091,770) | (7,231,531) | (6,947,598) | ||
| Income tax benefit | 119,731 | |||||||
| Loss from continuing operations: | (10,415,512) | (7,925,487) | (14,308,531) | (7,091,770) | (7,231,531) | (6,827,867) | ||
| Loss before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | ✕ | (7,091,770) | (7,231,531) | (6,827,867) | |
| Net loss available to common stockholders, diluted: | (10,415,512) | (7,925,487) | (14,308,531) | (7,091,770) | (7,231,531) | (6,827,867) | ||
Comprehensive Income (USD)Annual | Quarterly
| 9/30/2023 Q1 | 6/30/2023 Q4 | 3/31/2023 Q3 | 12/31/2022 Q2 | 9/30/2022 Q1 | 6/30/2022 Q4 | 3/31/2022 Q3 | ||
|---|---|---|---|---|---|---|---|---|
| Net loss: | (10,415,512) | (7,925,487) | (14,308,531) | (7,091,770) | (7,231,531) | (6,827,867) | ||
| Comprehensive loss, net of tax, attributable to parent: | (10,415,512) | (7,925,487) | (14,308,531) | (7,091,770) | (7,231,531) | (6,827,867) | ||
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.