Northern Minerals & Exploration Ltd. (NMEX) Financial Statements (2024 and earlier)
Company Profile
| Business Address |
1301 AVENUE M CISCO, TX 76437 |
| State of Incorp. | NV |
| Fiscal Year End | July 31 |
| Industry (SIC) | 104 - Gold And Silver Ores (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 4/30/2024 MRQ | 1/31/2024 MRQ | 7/31/2023 | 7/31/2022 | 7/31/2021 | 7/31/2020 | 7/31/2019 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 10 | 7 | 26 | 1 | 7 | 22 | |||
| Cash and cash equivalents | 10 | 7 | 26 | 1 | 7 | 22 | |||
| Receivables | 11 | 10 | |||||||
| Prepaid expense | 5 | ||||||||
| Total current assets: | 10 | 7 | 26 | 1 | 18 | 37 | |||
| Noncurrent Assets | |||||||||
| Other undisclosed noncurrent assets | 1 | 29 | 29 | ||||||
| Total noncurrent assets: | 1 | 29 | 29 | ||||||
| Other undisclosed assets | (1) | ||||||||
| TOTAL ASSETS: | 10 | 7 | 26 | 1 | 47 | 66 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 30 | 27 | 354 | 405 | 527 | 702 | |||
| Accounts payable | 48 | 57 | 89 | 64 | |||||
| Accrued liabilities | 30 | 27 | 305 | 348 | 438 | 638 | |||
| Debt | 79 | 134 | 219 | 130 | |||||
| Due to related parties | ✕ | ✕ | ✕ | 28 | 35 | 30 | 50 | ||
| Other undisclosed current liabilities | 159 | 241 | 23 | 23 | 23 | ||||
| Total current liabilities: | 189 | 268 | 461 | 597 | 799 | 905 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 85 | ||||||||
| Long-term debt, excluding current maturities | 85 | ||||||||
| Total noncurrent liabilities: | 85 | ||||||||
| Total liabilities: | 274 | 268 | 461 | 597 | 799 | 905 | |||
| Equity | |||||||||
| Equity, attributable to parent, including: | (264) | (261) | (435) | (596) | (752) | (839) | |||
| Common stock | 93 | 89 | 83 | 73 | 63 | 56 | |||
| Common stock, share subscribed but unissued, subscriptions receivable | (18) | 45 | |||||||
| Additional paid in capital | 3,047 | 2,988 | 2,873 | 2,555 | 2,184 | 2,024 | |||
| Accumulated deficit | (3,459) | (3,368) | (3,391) | (3,242) | (2,999) | (2,964) | |||
| Other undisclosed equity, attributable to parent | 55 | 30 | 36 | ||||||
| Total equity: | (264) | (261) | (435) | (596) | (752) | (839) | |||
| TOTAL LIABILITIES AND EQUITY: | 10 | 7 | 26 | 1 | 47 | 66 | |||
Income Statement (P&L) ($ in thousands)
| 4/30/2024 TTM | 1/31/2024 TTM | 7/31/2023 | 7/31/2022 | 7/31/2021 | 7/31/2020 | 7/31/2019 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 2 | 2 | 25 | 3 | 14 | |||
| Other income | 2 | 2 | 25 | |||||
| Cost of revenue (Cost of Goods and Services Sold) | (1) | (36) | (355) | |||||
| Gross profit: | 2 | 2 | 24 | (33) | (341) | |||
| Operating expenses | (190) | (182) | (153) | (178) | (191) | (567) | ||
| Other undisclosed operating income (loss) | (2) | (2) | (24) | 36 | 355 | |||
| Operating loss: | (190) | (182) | (153) | (178) | (188) | (553) | ||
| Nonoperating income (expense) | 201 | 205 | 3 | (65) | 153 | (19) | ||
| Investment income, nonoperating | 29 | |||||||
| Other nonoperating income | 201 | 205 | 3 | |||||
| Interest and debt expense | 208 | 210 | 17 | 39 | (15) | 100 | ||
| Income (loss) from continuing operations before equity method investments, income taxes: | 219 | 234 | (132) | (204) | (50) | (472) | ||
| Other undisclosed income (loss) from continuing operations before income taxes | (208) | (210) | (39) | 15 | (100) | |||
| Income (loss) from continuing operations: | 11 | 23 | (132) | (243) | (35) | (572) | ||
| Loss before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | (132) | (243) | (35) | (572) | |
| Net income (loss): | 11 | 23 | (132) | (243) | (35) | (572) | ||
| Other undisclosed net loss attributable to parent | (17) | |||||||
| Net income (loss) available to common stockholders, diluted: | 11 | 23 | (149) | (243) | (35) | (572) | ||
Comprehensive Income ($ in thousands)
| 4/30/2024 TTM | 1/31/2024 TTM | 7/31/2023 | 7/31/2022 | 7/31/2021 | 7/31/2020 | 7/31/2019 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | 11 | 23 | (132) | (243) | (35) | (572) | ||
| Comprehensive income (loss), net of tax, attributable to parent: | 11 | 23 | (132) | (243) | (35) | (572) | ||
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.