Geovic Mining Corp (GMC) Financial Statements (2024 and earlier)
Company Profile
| Business Address |
5500 E. YALE AVE., STE. 302 DENVER, CO 80222 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| Industry (SIC) | 10 - Metal Mining (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) (USD)Annual | Quarterly
| 6/30/2014 Q2 | 3/31/2014 Q1 | 12/31/2013 Q4 | 9/30/2013 Q3 | 6/30/2013 Q2 | 3/31/2013 Q1 | 12/31/2012 Q4 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 49,000 | 181,000 | 268,000 | 1,050,000 | 2,478,000 | ||||
| Cash and cash equivalents | 49,000 | 181,000 | 268,000 | 1,050,000 | 2,478,000 | ||||
| Restricted cash and investments | 236,000 | 324,000 | 356,000 | 345,000 | 437,000 | ||||
| Prepaid expense | 94,000 | 67,000 | 143,000 | 299,000 | ✕ | ||||
| Disposal group, including discontinued operation | |||||||||
| Prepaid expense and other current assets | ✕ | ✕ | ✕ | ✕ | ✕ | 401,000 | |||
| Assets held-for-sale | ✕ | 359,000 | |||||||
| Other current assets | 19,000 | 15,000 | 38,000 | 83,000 | ✕ | ||||
| Total current assets: | 757,000 | 587,000 | 805,000 | 1,777,000 | 3,316,000 | ||||
| Noncurrent Assets | |||||||||
| Property, plant and equipment | 702,000 | 1,178,000 | 1,394,000 | 1,923,000 | 2,120,000 | ||||
| Deposits noncurrent assets | 28,000 | 28,000 | 43,000 | 279,000 | 278,000 | ||||
| Total noncurrent assets: | 730,000 | 1,206,000 | 1,437,000 | 2,202,000 | 2,398,000 | ||||
| TOTAL ASSETS: | 1,487,000 | 1,793,000 | 2,242,000 | 3,979,000 | 5,714,000 | ||||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities, including: | 2,058,000 | 1,067,000 | 794,000 | 599,000 | 608,000 | ||||
| Employee-related liabilities | 1,132,000 | 744,000 | 250,000 | ||||||
| Other undisclosed accounts payable and accrued liabilities | 926,000 | 323,000 | 544,000 | 599,000 | 608,000 | ||||
| Debt | 989,000 | 664,000 | 120,000 | ||||||
| Estimated litigation liability | 250,000 | 250,000 | 250,000 | ||||||
| Due to related parties | 360,000 | 328,000 | 328,000 | 330,000 | 359,000 | ||||
| Other undisclosed current liabilities | 1,132,000 | 744,000 | 250,000 | ||||||
| Total current liabilities: | 4,789,000 | 3,053,000 | 1,742,000 | 929,000 | 967,000 | ||||
| Noncurrent Liabilities | |||||||||
| Liabilities, other than long-term debt | 471,000 | 471,000 | 470,000 | 720,000 | 720,000 | ||||
| Other liabilities | 471,000 | 471,000 | 470,000 | 720,000 | 720,000 | ||||
| Total noncurrent liabilities: | 471,000 | 471,000 | 470,000 | 720,000 | 720,000 | ||||
| Total liabilities: | 5,260,000 | 3,524,000 | 2,212,000 | 1,649,000 | 1,687,000 | ||||
| Equity | |||||||||
| Equity, attributable to parent | (12,028,000) | (10,202,000) | (8,616,000) | (6,511,000) | (4,865,000) | ||||
| Common stock | 11,000 | 11,000 | 11,000 | 11,000 | 11,000 | ||||
| Additional paid in capital | 110,581,000 | 110,581,000 | 110,581,000 | 110,581,000 | 110,581,000 | ||||
| Accumulated deficit | (122,620,000) | (120,794,000) | (119,208,000) | (117,103,000) | (115,457,000) | ||||
| Equity, attributable to noncontrolling interest | 8,255,000 | 8,471,000 | 8,646,000 | 8,841,000 | 8,892,000 | ||||
| Total equity: | (3,773,000) | (1,731,000) | 30,000 | 2,330,000 | 4,027,000 | ||||
| TOTAL LIABILITIES AND EQUITY: | 1,487,000 | 1,793,000 | 2,242,000 | 3,979,000 | 5,714,000 | ||||
Income Statement (P&L) (USD)Annual | Quarterly
| 6/30/2014 Q2 | 3/31/2014 Q1 | 12/31/2013 Q4 | 9/30/2013 Q3 | 6/30/2013 Q2 | 3/31/2013 Q1 | 12/31/2012 Q4 | ||
|---|---|---|---|---|---|---|---|---|
| Cost of goods and services sold | (702,000) | (529,000) | (680,000) | |||||
| Gross profit: | (443,000) | (342,000) | (878,000) | (754,000) | (891,000) | |||
| Operating expenses | (1,599,000) | (1,499,000) | (1,579,000) | (1,162,000) | (1,292,000) | |||
| Operating loss: | (2,042,000) | (1,841,000) | (2,457,000) | (1,916,000) | (2,183,000) | |||
| Nonoperating income | 125,000 | 9,000 | 34,000 | 48,000 | ||||
| Other nonoperating income | 9,000 | 34,000 | 48,000 | |||||
| Interest and debt expense | (381,000) | (120,000) | (5,000) | (3,000) | (4,000) | |||
| Other undisclosed income from continuing operations before equity method investments, income taxes | 16,524,000 | |||||||
| Income (loss) from continuing operations before equity method investments, income taxes: | (2,423,000) | 14,688,000 | (2,453,000) | (1,885,000) | (2,139,000) | |||
| Other undisclosed income (loss) from continuing operations before income taxes | 381,000 | (16,449,000) | (7,000) | 31,000 | 3,000 | |||
| Loss from continuing operations: | (2,042,000) | (1,761,000) | (2,460,000) | (1,854,000) | (2,136,000) | |||
| Loss before gain (loss) on sale of properties: | (2,042,000) | (1,761,000) | (2,460,000) | (1,854,000) | (2,136,000) | |||
| Net loss: | (2,042,000) | (1,761,000) | (2,460,000) | (1,854,000) | (2,136,000) | |||
| Net income attributable to noncontrolling interest | 216,000 | 175,000 | 355,000 | 208,000 | 242,000 | |||
| Net loss available to common stockholders, diluted: | (1,826,000) | (1,586,000) | (2,105,000) | (1,646,000) | (1,894,000) | |||
Comprehensive Income (USD)Annual | Quarterly
| 6/30/2014 Q2 | 3/31/2014 Q1 | 12/31/2013 Q4 | 9/30/2013 Q3 | 6/30/2013 Q2 | 3/31/2013 Q1 | 12/31/2012 Q4 | ||
|---|---|---|---|---|---|---|---|---|
| Net loss: | (2,042,000) | (1,761,000) | (2,460,000) | (1,854,000) | (2,136,000) | |||
| Comprehensive loss: | (2,042,000) | (1,761,000) | (2,460,000) | (1,854,000) | (2,136,000) | |||
| Comprehensive income (loss), net of tax, attributable to noncontrolling interest | (216,000) | (175,000) | (355,000) | (208,000) | (242,000) | |||
| Comprehensive loss, net of tax, attributable to parent: | (2,258,000) | (1,936,000) | (2,815,000) | (2,062,000) | (2,378,000) | |||
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.