RCF Acquisition Corp. (RCFA) Financial Statements (2024 and earlier)
Company Profile
| Business Address |
3109 W. 50TH STREET, #207 MINNEAPOLIS, MN 55410 |
| State of Incorp. | |
| 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)
| 3/31/2024 MRQ | 12/31/2023 | 12/31/2022 | 12/31/2021 | |||
|---|---|---|---|---|---|---|
| ASSETS | ||||||
| Current Assets | ||||||
| Cash, cash equivalents, and short-term investments | 222,581 | 41,276 | 700,293 | |||
| Cash and cash equivalents | 222,581 | 41,276 | 700,293 | |||
| Prepaid expense | 407,235 | 268,368 | 991,569 | |||
| Other undisclosed current assets | ||||||
| Total current assets: | 629,816 | 309,644 | 1,691,862 | |||
| Noncurrent Assets | ||||||
| Asset, held-in-trust | 52,977,929 | 238,041,214 | 234,602,251 | |||
| Total noncurrent assets: | 52,977,929 | 238,041,214 | 234,602,251 | |||
| TOTAL ASSETS: | 53,607,745 | 238,350,858 | 236,294,113 | |||
| LIABILITIES AND EQUITY | ||||||
| Liabilities | ||||||
| Current Liabilities | ||||||
| Accounts payable and accrued liabilities, including: | 118,682 | 541,320 | 132,074 | |||
| Accrued liabilities | 541,320 | 132,074 | ||||
| Other undisclosed accounts payable and accrued liabilities | 118,682 | |||||
| Debt | 1,000,000 | 100,000 | ||||
| Derivative instruments and hedges, liabilities | 7,273 | |||||
| Total current liabilities: | 1,125,955 | 641,320 | 132,074 | |||
| Noncurrent Liabilities | ||||||
| Liabilities, other than long-term debt | 9,674,000 | 21,970,000 | ||||
| Deferred revenue | 8,050,000 | 8,050,000 | ||||
| Other liabilities | 1,624,000 | 13,920,000 | ||||
| Other undisclosed noncurrent liabilities | 9,212,320 | |||||
| Total noncurrent liabilities: | 9,212,320 | 9,674,000 | 21,970,000 | |||
| Total liabilities: | 10,338,275 | 10,315,320 | 22,102,074 | |||
| Temporary equity, carrying amount | 52,877,929 | |||||
| Equity | ||||||
| Equity, attributable to parent, including: | (9,608,459) | (6,564,462) | (20,407,961) | |||
| Common stock | 575 | 575 | ||||
| Additional paid in capital | 3,457,783 | |||||
| Accumulated deficit | (13,066,817) | (6,565,037) | (20,408,536) | |||
| Other undisclosed equity, attributable to parent | 575 | |||||
| Other undisclosed equity | 234,600,000 | 234,600,000 | ||||
| Total equity: | (9,608,459) | 228,035,538 | 214,192,039 | |||
| TOTAL LIABILITIES AND EQUITY: | 53,607,745 | 238,350,858 | 236,294,113 | |||
Income Statement (P&L) (USD)
| 3/31/2024 TTM | 12/31/2023 | 12/31/2022 | 12/31/2021 | ||
|---|---|---|---|---|---|
| Operating expenses | (4,565,129) | (2,291,464) | |||
| Operating loss: | (4,565,129) | (2,291,464) | |||
| Nonoperating income (Investment Income, Nonoperating) | 8,128,147 | ||||
| Interest and debt expense | (16,432) | ||||
| Other undisclosed loss from continuing operations before equity method investments, income taxes | |||||
| Net income (loss): | 3,546,586 | (2,291,464) | |||
| Net income attributable to noncontrolling interest | 2,768,700 | ||||
| Other undisclosed net income attributable to parent | 1,190,916 | 13,366,263 | |||
| Net income available to common stockholders, diluted: | 4,737,502 | 13,843,499 | |||
Comprehensive Income (USD)
| 3/31/2024 TTM | 12/31/2023 | 12/31/2022 | 12/31/2021 | ||
|---|---|---|---|---|---|
| Net income (loss): | 3,546,586 | (2,291,464) | |||
| Comprehensive income (loss), net of tax, attributable to parent: | 3,546,586 | (2,291,464) | |||
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.