Lithium Corp (LTUM) Financial Statements (2024 and earlier)
Company Profile
| Business Address |
1031 RAILROAD ST. STE. 102B ELKO, NV 89801 |
| State of Incorp. | |
| 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)
| 9/30/2023 MRQ | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 373 | 2,637 | 191 | 346 | 555 | 326 | |||
| Cash and cash equivalents | 2,243 | 191 | 346 | 555 | 326 | ||||
| Short-term investments | 373 | 393 | |||||||
| Prepaid expense | 38 | 22 | 14 | 21 | |||||
| Deposits current assets | 1 | 1 | 1 | 1 | |||||
| Other current assets | 648 | 401 | |||||||
| Other undisclosed current assets | 3,577 | ||||||||
| Total current assets: | 3,988 | 2,659 | 206 | 367 | 1,203 | 727 | |||
| Noncurrent Assets | |||||||||
| Property, plant and equipment | 28 | ||||||||
| Total noncurrent assets: | 28 | ||||||||
| Other undisclosed assets | (177) | (95) | |||||||
| TOTAL ASSETS: | 4,017 | 2,659 | 206 | 367 | 1,026 | 632 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities, including: | 6 | 19 | 15 | 17 | 13 | 9 | |||
| Accrued liabilities | 5 | ||||||||
| Other undisclosed accounts payable and accrued liabilities | 6 | 14 | 15 | 17 | 13 | 9 | |||
| Due to related parties | ✕ | 26 | 2 | ||||||
| Other undisclosed current liabilities | 1,999 | 1,581 | 443 | 517 | |||||
| Total current liabilities: | 2,031 | 1,602 | 15 | 17 | 456 | 526 | |||
| Noncurrent Liabilities | |||||||||
| Total liabilities: | 2,031 | 1,602 | 15 | 17 | 456 | 526 | |||
| Equity | |||||||||
| Equity, attributable to parent, including: | 1,986 | 1,057 | 191 | 351 | 570 | 106 | |||
| Common stock | 114 | 103 | 96 | 96 | 96 | 89 | |||
| Additional paid in capital | 8,572 | 6,926 | 4,322 | 4,322 | 4,322 | 3,760 | |||
| Accumulated other comprehensive loss | (1) | ||||||||
| Accumulated deficit | (7,956) | (6,533) | (4,787) | (4,628) | (4,408) | (4,304) | |||
| Other undisclosed equity, attributable to parent | 1,257 | 561 | 561 | 561 | 561 | 561 | |||
| Total equity: | 1,986 | 1,057 | 191 | 351 | 570 | 106 | |||
| TOTAL LIABILITIES AND EQUITY: | 4,017 | 2,659 | 206 | 367 | 1,026 | 632 | |||
Income Statement (P&L) ($ in thousands)
| 9/30/2023 TTM | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues (Other Income) | 10 | 98 | ||||||
| Gross profit: | 10 | 98 | ||||||
| Operating expenses | (1,235) | (856) | (159) | (652) | (362) | (295) | ||
| Other undisclosed operating loss | (10) | (98) | ||||||
| Operating loss: | (1,235) | (856) | (159) | (652) | (362) | (295) | ||
| Nonoperating income (expense) | (189) | (889) | 433 | 257 | (42) | |||
| Other nonoperating income | 60 | |||||||
| Loss from continuing operations before income taxes: | (1,424) | (1,745) | (159) | (220) | (104) | (337) | ||
| Income tax expense | (220) | |||||||
| Loss from continuing operations: | (1,424) | (1,745) | (159) | (440) | (104) | (337) | ||
| Loss before gain (loss) on sale of properties: | ✕ | ✕ | (1,745) | (159) | (440) | (104) | (337) | |
| Other undisclosed net income | 2,847 | 220 | ||||||
| Net income (loss): | 1,424 | (1,745) | (159) | (220) | (104) | (337) | ||
| Other undisclosed net loss attributable to parent | (2,847) | |||||||
| Net loss available to common stockholders, diluted: | (1,424) | (1,745) | (159) | (220) | (104) | (337) | ||
Comprehensive Income ($ in thousands)
| 9/30/2023 TTM | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | 1,424 | (1,745) | (159) | (220) | (104) | (337) | ||
| Other comprehensive income (loss) | 220 | 105 | ||||||
| Comprehensive income (loss), net of tax, attributable to parent: | 1,424 | (1,745) | (159) | 1 | (337) | |||
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.