Lithium Exploration Group, Inc. (LEXG) Financial Statements (2024 and earlier)

Company Profile

Business Address 3200 N. HAYDEN ROAD
SCOTTSDALE, AZ 85251
State of Incorp. NV
Fiscal Year End June 30
Industry (SIC) 10 - Metal Mining (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) (USD)

3/31/2018
Q3
12/31/2017
Q2
9/30/2017
Q1
6/30/2017
Q4
3/31/2017
Q3
12/31/2016
Q2
9/30/2016
Q1
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments6,40531,44633,136196,22168,57039,839
Cash and cash equivalents6,40531,44633,136196,22168,57039,839
Prepaid expense1,1001,1001,1001,1001,1001,100
Disposal group, including discontinued operation20,41620,74019,85219,49619,31219,817
Total current assets:27,92153,28654,088216,81788,98260,756
Noncurrent Assets
Other noncurrent assets879,620854,620783,620   
Other undisclosed noncurrent assets    250,000250,000250,000
Total noncurrent assets:879,620854,620783,620250,000250,000250,000
TOTAL ASSETS:907,541907,906837,708466,817338,982310,756
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:76,66184,15890,864159,649286,196188,588
Other undisclosed accounts payable and accrued liabilities76,66184,15890,864159,649286,196188,588
Debt3,206,3632,535,5422,841,1092,275,9622,477,0942,318,817
Derivative instruments and hedges, liabilities479,059429,425338,873551,242270,055338,785
Estimated litigation liability    42,944  
Disposal group, including discontinued operation6,643     
Due to related parties115,000115,000115,000115,000115,000115,000
Other undisclosed current liabilities3,062,2882,903,9043,602,8823,510,8521,952,5212,986,396
Total current liabilities:6,946,0146,068,0296,988,7286,655,6495,100,8665,947,586
Noncurrent Liabilities
Long-term debt and lease obligation      
Long-term debt, excluding current maturities      
Total noncurrent liabilities:      
Total liabilities:6,946,0146,068,0296,988,7286,655,6495,100,8665,947,586
Equity
Equity, attributable to parent(5,686,359)(4,808,033)(5,798,953)(5,836,787)(4,409,869)(5,284,839)
Preferred stock35070,000    
Common stock24,2713,530,8182,649,1521,334,480501,339162,724
Additional paid in capital53,988,22549,748,63449,269,34849,620,66348,732,99548,613,444
Accumulated other comprehensive loss(33,319)(33,068)(33,890)(33,984)(34,180)(33,852)
Accumulated deficit(59,665,886)(58,124,417)(57,683,563)(56,757,946)(53,610,023)(54,027,155)
Equity, attributable to noncontrolling interest(352,114)(352,090)(352,067)(352,045)(352,015)(351,991)
Total equity:(6,038,473)(5,160,123)(6,151,020)(6,188,832)(4,761,884)(5,636,830)
TOTAL LIABILITIES AND EQUITY:907,541907,906837,708466,817338,982310,756

Income Statement (P&L) (USD)

3/31/2018
Q3
12/31/2017
Q2
9/30/2017
Q1
6/30/2017
Q4
3/31/2017
Q3
12/31/2016
Q2
9/30/2016
Q1
Operating expenses(288,952)(187,341)(167,990)(362,130)(266,358)(213,740)
Operating loss:(288,952)(187,341)(167,990)(362,130)(266,358)(213,740)
Nonoperating income (expense)(1,252,494)(253,488)    
Interest and debt expense(198,279)(473,520)(400,034)(2,067,330)(172,462)(223,216)
Other undisclosed income (loss) from continuing operations before equity method investments, income taxes198,279473,520(357,571)(718,432)855,977(2,783,744)
Income (loss) from continuing operations:(1,541,446)(440,829)(925,595)(3,147,892)417,157(3,220,700)
Income (loss) before gain (loss) on sale of properties:(1,541,493)(440,877)(925,639)(3,147,953)417,108(3,220,731)
Loss from discontinued operations(47)(48)(44)(61)(49)(31)
Net income (loss):(1,541,493)(440,877)(925,639)(3,147,953)417,108(3,220,731)
Net income attributable to noncontrolling interest242322302415
Net income (loss) available to common stockholders, diluted:(1,541,469)(440,854)(925,617)(3,147,923)417,132(3,220,716)

Comprehensive Income (USD)

3/31/2018
Q3
12/31/2017
Q2
9/30/2017
Q1
6/30/2017
Q4
3/31/2017
Q3
12/31/2016
Q2
9/30/2016
Q1
Net income (loss):(1,541,493)(440,877)(925,639)(3,147,953)417,108(3,220,731)
Other undisclosed comprehensive income (loss)(251)822412196(328)(121)
Comprehensive income (loss):(1,541,744)(440,055)(925,227)(3,147,757)416,780(3,220,852)
Comprehensive income, net of tax, attributable to noncontrolling interest242322302415
Comprehensive income (loss), net of tax, attributable to parent:(1,541,720)(440,032)(925,205)(3,147,727)416,804(3,220,837)

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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