MAGELLAN GOLD Corp (MAGE) financial statements (2022 and earlier)
Company profile
| Business Address |
602 CEDAR STREET WALLACE, ID 83873 |
| State of Incorp. | NV |
| Fiscal Year End | December 31 |
| SIC | 10 - Metal Mining (benchmarking) |
| More info | Complete financial analysis Financial benchmarking |
Balance sheet (Statement of financial position) ($ in thousands)
| 9/30/2021 Q3 | 6/30/2021 Q2 | 3/31/2021 Q1 | 12/31/2020 Q4 | 9/30/2020 Q3 | 6/30/2020 Q2 | |||
|---|---|---|---|---|---|---|---|---|
| ASSETS | ||||||||
| Current Assets | ||||||||
| Cash, cash equivalents, and short-term investments | 72 | 85 | 13 | 54 | ||||
| Cash and cash equivalents | 72 | 85 | 13 | 54 | ||||
| Other undisclosed current assets | 47 | 6 | 2 | 5 | 5 | |||
| Total current assets: | 119 | 91 | 2 | 18 | 58 | |||
| Noncurrent Assets | ||||||||
| Other undisclosed noncurrent assets | 1,194 | 1,113 | 1,113 | 1,058 | ||||
| Total noncurrent assets: | 1,194 | 1,113 | 1,113 | 1,058 | ||||
| TOTAL ASSETS: | 1,312 | 1,204 | 1,115 | 1,076 | 58 | |||
| LIABILITIES AND EQUITY | ||||||||
| Liabilities | ||||||||
| Current Liabilities | ||||||||
| Accounts payable and accrued liabilities | 496 | 776 | 859 | 622 | 501 | |||
| Accounts payable | 223 | 200 | 206 | 128 | 94 | |||
| Accrued liabilities | 206 | 531 | 618 | 468 | 386 | |||
| Interest and dividends payable | 66 | 46 | 35 | 25 | 20 | |||
| Debt | 773 | 669 | 540 | 433 | 306 | |||
| Derivative instruments and hedges, liabilities | 118 | |||||||
| Due to related parties | 20 | 53 | 73 | 51 | 76 | |||
| Other undisclosed current liabilities | 11 | 93 | 5 | 3 | 1 | |||
| Total current liabilities: | 1,418 | 1,592 | 1,478 | 1,108 | 885 | |||
| Noncurrent Liabilities | ||||||||
| Total liabilities: | 1,418 | 1,592 | 1,478 | 1,108 | 885 | |||
| Stockholders' equity | ||||||||
| Stockholders' equity attributable to parent, including: | (106) | (388) | (363) | (32) | (826) | |||
| Preferred stock | 2,423 | |||||||
| Common stock | 11 | 8 | 7 | 7 | 6 | |||
| Additional paid in capital | 17,664 | 14,337 | 13,540 | 13,215 | 11,289 | |||
| Accumulated deficit | (17,781) | (16,655) | (15,833) | (15,177) | (14,543) | |||
| Other undisclosed stockholders' equity attributable to parent | 1,923 | 1,923 | 1,923 | |||||
| Total stockholders' equity: | (106) | (388) | (363) | (32) | (826) | |||
| TOTAL LIABILITIES AND EQUITY: | 1,312 | 1,204 | 1,115 | 1,076 | 58 | |||
Income statement (P&L) ($ in thousands)
| 9/30/2021 Q3 | 6/30/2021 Q2 | 3/31/2021 Q1 | 12/31/2020 Q4 | 9/30/2020 Q3 | 6/30/2020 Q2 | ||
|---|---|---|---|---|---|---|---|
| Operating expenses | (393) | (719) | (489) | (393) | (124) | ||
| Operating loss: | (393) | (719) | (489) | (393) | (124) | ||
| Nonoperating expense | (68) | (55) | (120) | (191) | (2,123) | ||
| Interest and debt expense | (53) | (64) | (163) | (35) | (766) | ||
| Loss before gain (loss) on sale of properties: | (514) | (838) | (771) | (619) | (3,012) | ||
| Other undisclosed net income | 64 | ||||||
| Net loss: | (514) | (774) | (771) | (619) | (3,012) | ||
| Other undisclosed net income attributable to parent | 53 | 163 | 34 | 766 | |||
| Net loss attributable to parent: | (461) | (774) | (608) | (585) | (2,247) | ||
| Other undisclosed net loss available to common stockholders, basic | (48) | (48) | (48) | (60) | |||
| Net loss available to common stockholders, diluted: | (461) | (822) | (656) | (633) | (2,306) | ||
Comprehensive Income ($ in thousands)
| 9/30/2021 Q3 | 6/30/2021 Q2 | 3/31/2021 Q1 | 12/31/2020 Q4 | 9/30/2020 Q3 | 6/30/2020 Q2 | ||
|---|---|---|---|---|---|---|---|
| Net loss: | (514) | (774) | (771) | (619) | (3,012) | ||
| Comprehensive loss: | (514) | (774) | (771) | (619) | (3,012) | ||
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | 53 | (48) | 115 | (14) | 706 | ||
| Comprehensive loss, net of tax, attributable to parent: | (461) | (822) | (656) | (633) | (2,306) | ||
Statements sources
The financial statements are based on the company's filings with the 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.