Ireland Inc (IRLD) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
2360 WEST HORIZON RIDGE PARKWAY HENDERSON, NV 89052 |
| State of Incorp. | NV |
| Fiscal Year End | December 31 |
| Industry (SIC) | 104 - Gold And Silver Ores (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) (USD)
| 9/30/2017 MRQ | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | 12/31/2012 | |||
|---|---|---|---|---|---|---|---|---|
| ASSETS | ||||||||
| Current Assets | ||||||||
| Cash, cash equivalents, and short-term investments | 56,359 | 103,343 | 259,495 | 708,371 | 5,636,638 | |||
| Cash and cash equivalents | 56,359 | 103,343 | 259,495 | 708,371 | 5,636,638 | |||
| Receivables | 2,279 | 4,177 | 6,380 | |||||
| Prepaid expense | 93,488 | 299,623 | 260,484 | 351,876 | ✕ | |||
| Prepaid expense and other current assets | ✕ | ✕ | ✕ | ✕ | ✕ | 335,485 | ||
| Other undisclosed current assets | 8,380 | 10,523 | ||||||
| Total current assets: | 152,126 | 407,143 | 526,359 | 1,068,627 | 5,982,646 | |||
| Noncurrent Assets | ||||||||
| Property, plant and equipment | 749,753 | 1,077,516 | 1,319,506 | 2,210,909 | 2,963,625 | |||
| Deposits noncurrent assets | 10,262 | 10,262 | 10,262 | 12,462 | 2,200 | |||
| Restricted cash and investments | 1,089,753 | 1,175,725 | 1,186,681 | |||||
| Other noncurrent assets | 1,115,153 | 1,121,184 | 39,719 | 39,719 | ✕ | |||
| Prepaid expense and other noncurrent assets | ✕ | ✕ | ✕ | ✕ | ✕ | 40,000 | ||
| Other undisclosed noncurrent assets | 8,239,934 | 15,882,179 | 15,882,179 | 32,128,133 | 32,128,133 | |||
| Total noncurrent assets: | 10,115,102 | 18,091,141 | 18,341,419 | 35,566,948 | 36,320,639 | |||
| TOTAL ASSETS: | 10,267,228 | 18,498,284 | 18,867,778 | 36,635,575 | 42,303,285 | |||
| LIABILITIES AND EQUITY | ||||||||
| Liabilities | ||||||||
| Current Liabilities | ||||||||
| Accounts payable and accrued liabilities | 943,393 | 209,632 | 449,525 | 111,260 | 97,568 | |||
| Employee-related liabilities | 170,673 | 60,010 | 58,637 | |||||
| Accounts payable | 772,720 | 149,622 | 390,888 | 111,260 | 97,568 | |||
| Debt | 139,967 | |||||||
| Derivative instruments and hedges, liabilities | 348,450 | |||||||
| Due to related parties | 1,060,290 | 23,290 | 23,290 | 23,290 | 23,290 | |||
| Other undisclosed current liabilities | 761,442 | 145,168 | 237,551 | 95,879 | 115,817 | |||
| Total current liabilities: | 2,905,092 | 378,090 | 1,058,816 | 230,429 | 236,675 | |||
| Noncurrent Liabilities | ||||||||
| Liabilities, other than long-term debt | 672,338 | 672,338 | 672,338 | 672,338 | 672,338 | |||
| Asset retirement obligations | 672,338 | 672,338 | 672,338 | 672,338 | 672,338 | |||
| Other undisclosed noncurrent liabilities | 616,695 | |||||||
| Total noncurrent liabilities: | 672,338 | 672,338 | 672,338 | 672,338 | 1,289,033 | |||
| Total liabilities: | 3,577,430 | 1,050,428 | 1,731,154 | 902,767 | 1,525,708 | |||
| Equity | ||||||||
| Equity, attributable to parent, including: | 6,689,798 | 17,447,856 | 17,136,624 | 35,732,808 | 40,777,577 | |||
| Common stock | 181,471 | 158,696 | 150,771 | 146,558 | 146,058 | |||
| Additional paid in capital | 67,960,874 | 66,406,028 | 65,626,112 | 64,156,279 | 63,269,641 | |||
| Accumulated other comprehensive income | 5,478 | 12,771 | 20,356 | |||||
| Accumulated deficit | (61,452,547) | (49,116,868) | (48,645,737) | |||||
| Other undisclosed equity, attributable to parent | (28,582,800) | (22,658,478) | ||||||
| Total equity: | 6,689,798 | 17,447,856 | 17,136,624 | 35,732,808 | 40,777,577 | |||
| TOTAL LIABILITIES AND EQUITY: | 10,267,228 | 18,498,284 | 18,867,778 | 36,635,575 | 42,303,285 | |||
Income Statement (P&L) (USD)
| 9/30/2017 TTM | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | 12/31/2012 | ||
|---|---|---|---|---|---|---|---|
| Gross profit: | (616,274) | (106,000) | |||||
| Operating expenses | (12,339,295) | (4,418,871) | (21,957,111) | (6,571,504) | (6,402,867) | ||
| Other undisclosed operating income | 616,274 | 106,000 | |||||
| Operating loss: | (12,339,295) | (4,418,871) | (21,957,111) | (6,571,504) | (6,402,867) | ||
| Nonoperating income | 3,616 | 3,950,690 | 1,898,101 | 34,571 | 23,638 | ||
| Investment income, nonoperating | 27,371 | 85,873 | 298,256 | 38,257 | 25,971 | ||
| Interest and debt expense | (23,755) | (1,633) | (3,128) | (3,686) | (2,333) | ||
| Other undisclosed income from continuing operations before equity method investments, income taxes | 23,755 | 1,633 | 3,128 | 3,686 | 2,333 | ||
| Loss from continuing operations before income taxes: | (12,335,679) | (468,181) | (20,059,010) | (6,536,933) | (6,379,229) | ||
| Income tax expense (benefit) | (2,950) | (3,927) | 612,611 | 2,206,462 | |||
| Loss from continuing operations: | (12,335,679) | (471,131) | (20,062,937) | (5,924,322) | (4,172,767) | ||
| Loss before gain (loss) on sale of properties: | (12,335,679) | (471,131) | (20,062,937) | (5,924,322) | (4,172,767) | ||
| Net loss: | (12,335,679) | (471,131) | (20,062,937) | (5,924,322) | (4,172,767) | ||
| Other undisclosed net loss attributable to parent | (18,465,355) | ||||||
| Net loss available to common stockholders, diluted: | (12,335,679) | (471,131) | (20,062,937) | (5,924,322) | (22,638,122) | ||
Comprehensive Income (USD)
| 9/30/2017 TTM | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | 12/31/2012 | ||
|---|---|---|---|---|---|---|---|
| Net loss: | (12,335,679) | (471,131) | (20,062,937) | (5,924,322) | (4,172,767) | ||
| Other comprehensive income | 12,771 | 20,356 | |||||
| Comprehensive loss: | (12,335,679) | (471,131) | (20,062,937) | (5,911,551) | (4,152,411) | ||
| Other undisclosed comprehensive loss, net of tax, attributable to parent | (5,478) | (7,293) | (20,356) | (25,173) | |||
| Comprehensive loss, net of tax, attributable to parent: | (12,335,679) | (476,609) | (20,070,230) | (5,931,907) | (4,177,584) | ||
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.