Goldrich Mining Co (GRMC) Financial Statements (2023 and earlier)
Company Profile
| Business Address |
2525 E. 29TH AVE. STE. 10B-160 SPOKANE, WA 99223 |
| State of Incorp. | AK |
| Fiscal Year End | December 31 |
| Industry (SIC) | 10 - Metal Mining (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 9/30/2022 MRQ | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 4 | 2 | 1 | 77 | 486 | 30 | |||
| Cash and cash equivalents | 4 | 2 | 1 | 77 | 486 | 30 | |||
| Prepaid expense | 108 | 50 | 97 | 122 | 88 | 80 | |||
| Other current assets | 14 | 28 | |||||||
| Other undisclosed current assets | 11 | ||||||||
| Total current assets: | 112 | 52 | 98 | 213 | 602 | 122 | |||
| Noncurrent Assets | |||||||||
| Property, plant and equipment | 626 | 627 | 871 | 875 | 669 | ||||
| Other undisclosed noncurrent assets | 651 | 25 | |||||||
| Total noncurrent assets: | 651 | 651 | 627 | 871 | 875 | 669 | |||
| TOTAL ASSETS: | 763 | 704 | 725 | 1,084 | 1,477 | 791 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities, including: | 1,858 | 1,838 | 1,657 | 1,053 | 235 | 278 | |||
| Interest and dividends payable | ✕ | 705 | 483 | 254 | 236 | 31 | 31 | ||
| Other undisclosed accounts payable and accrued liabilities | 1,153 | 1,355 | 1,403 | 816 | 205 | 248 | |||
| Debt | 1,096 | 1,020 | 342 | 356 | 412 | ||||
| Due to related parties | 1,017 | 788 | 600 | 458 | 369 | 278 | |||
| Other undisclosed current liabilities | 7,871 | 5,587 | 4,346 | 3,613 | 1,545 | 328 | |||
| Total current liabilities: | 10,746 | 9,309 | 7,623 | 5,465 | 2,505 | 1,297 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 17 | ||||||||
| Long-term debt, excluding current maturities | 17 | ||||||||
| Liabilities, other than long-term debt | 269 | 262 | 256 | 448 | 384 | ||||
| Asset retirement obligations | 269 | 262 | 256 | 448 | 384 | ||||
| Other undisclosed noncurrent liabilities | 40 | 206 | 372 | ||||||
| Total noncurrent liabilities: | 309 | 279 | 462 | 448 | 384 | 372 | |||
| Total liabilities: | 11,055 | 9,588 | 8,085 | 5,913 | 2,889 | 1,668 | |||
| Equity | |||||||||
| Equity, attributable to parent, including: | (10,292) | (8,884) | (7,360) | (4,829) | (1,412) | (877) | |||
| Common stock | 17,979 | 16,793 | 13,957 | 13,957 | 13,411 | 13,123 | |||
| Additional paid in capital | 10,881 | 11,715 | 13,906 | 13,833 | 14,017 | 13,874 | |||
| Accumulated deficit | (39,422) | (37,663) | (35,494) | (32,891) | (29,111) | (28,145) | |||
| Other undisclosed equity, attributable to parent | 271 | 271 | 271 | 271 | 271 | 271 | |||
| Other undisclosed equity | 0 | ||||||||
| Total equity: | (10,292) | (8,884) | (7,360) | (4,829) | (1,412) | (877) | |||
| Other undisclosed liabilities and equity | (0) | ||||||||
| TOTAL LIABILITIES AND EQUITY: | 763 | 704 | 725 | 1,084 | 1,477 | 791 | |||
Income Statement (P&L) ($ in thousands)
| 9/30/2022 TTM | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 2 | 219 | 68 | |||||
| Other operating income | 68 | |||||||
| Other income | 2 | 58 | ||||||
| Cost of revenue | (106) | (115) | (97) | (1,037) | (333) | (143) | ||
| Cost of goods and services sold | (106) | (115) | (97) | (91) | (87) | (84) | ||
| Financial services costs | ✕ | ✕ | ✕ | ✕ | (945) | (246) | (58) | |
| Gross profit: | (106) | (113) | (97) | (1,037) | (114) | (75) | ||
| Operating expenses | (998) | (1,289) | (1,645) | (2,866) | (454) | (315) | ||
| Other undisclosed operating income | 1,545 | 1,133 | ||||||
| Operating income (loss): | (1,104) | (1,402) | (1,742) | (3,903) | 977 | 743 | ||
| Nonoperating income (expense) | (761) | (880) | 958 | 914 | 260 | 253 | ||
| Debt instrument, convertible, beneficial conversion feature | 53 | 253 | ||||||
| Other nonoperating income (expense) | (761) | (880) | 958 | 914 | 207 | |||
| Interest and debt expense | (572) | (785) | (894) | (18) | (81) | (14) | ||
| Income (loss) from continuing operations: | (2,437) | (3,068) | (1,678) | (3,007) | 1,157 | 982 | ||
| Income (loss) before gain (loss) on sale of properties: | ✕ | ✕ | (3,068) | (1,678) | (3,007) | 1,157 | 982 | |
| Other undisclosed net income (loss) | 898 | (925) | (773) | (2,122) | (1,715) | |||
| Net loss: | (2,437) | (2,170) | (2,603) | (3,780) | (965) | (733) | ||
| Other undisclosed net income attributable to parent | 678 | |||||||
| Net loss attributable to parent: | (1,759) | (2,170) | (2,603) | (3,780) | (965) | (733) | ||
| Preferred stock dividends and other adjustments | (8) | (8) | (8) | 8 | 8 | 8 | ||
| Other undisclosed net loss available to common stockholders, basic | (15) | (68) | (268) | |||||
| Net loss available to common stockholders, diluted: | (1,767) | (2,177) | (2,611) | (3,788) | (1,026) | (994) | ||
Comprehensive Income ($ in thousands)
| 9/30/2022 TTM | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | ||
|---|---|---|---|---|---|---|---|---|
| Net loss: | (2,437) | (2,170) | (2,603) | (3,780) | (965) | (733) | ||
| Comprehensive loss, net of tax, attributable to parent: | (2,437) | (2,170) | (2,603) | (3,780) | (965) | (733) | ||
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.