US Rare Earths Inc (UREE) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
5600 TENNYSON PARKWAY PLANO, TX 75024 |
| State of Incorp. | NV |
| Fiscal Year End | December 31 |
| Industry (SIC) | 10 - Metal Mining (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) (USD)Annual | Quarterly
| 9/30/2015 Q3 | 6/30/2015 Q2 | 3/31/2015 Q1 | 12/31/2014 Q4 | 9/30/2014 Q3 | 6/30/2014 Q2 | 3/31/2014 Q1 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 8,486 | 5,170 | 142,540 | 451 | 283,446 | 115,825 | |||
| Cash and cash equivalent | 8,486 | 5,170 | 142,540 | 451 | 283,446 | 115,825 | |||
| Prepaid expense | 39,285 | 88,607 | 149,086 | 209,621 | |||||
| Deferred costs | 276,811 | ||||||||
| Deposits current assets | 23,671 | ||||||||
| Other current assets | 2,246 | 23,199 | 38,350 | ||||||
| Other undisclosed current assets | 91,941 | 566,347 | 228,974 | 210,088 | 123,670 | ||||
| Total current assets: | 139,712 | 662,370 | 592,108 | 439,046 | 516,733 | 277,845 | |||
| Noncurrent Assets | |||||||||
| Property, plant and equipment | 94,866 | 102,078 | 109,290 | 116,502 | 123,714 | 130,926 | |||
| Regulated entity, other noncurrent assets | 16,982 | ||||||||
| Other undisclosed noncurrent assets | (16,982) | ||||||||
| Total noncurrent assets: | 94,866 | 102,078 | 109,290 | 116,502 | 123,714 | 130,926 | |||
| TOTAL ASSETS: | 234,578 | 764,448 | 701,398 | 555,548 | 640,447 | 408,771 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities, including: | 3,120,852 | 2,841,229 | 286,982 | 2,186,911 | 2,036,495 | 168,217 | |||
| Interest and dividends payable | 14,238 | 33,611 | 30,716 | ||||||
| Employee-related liabilities | 457,819 | ||||||||
| Accounts payable | 2,648,795 | 2,807,618 | 2,497,401 | 2,186,911 | 2,036,495 | 1,841,961 | |||
| Accrued liabilities | 200,000 | ||||||||
| Other undisclosed accounts payable and accrued liabilities | (2,441,135) | (1,673,744) | |||||||
| Debt | 200,982 | 64,132 | 106,490 | 169,430 | |||||
| Business combination, contingent consideration, liability | 385,000 | 385,000 | 367,000 | 349,000 | |||||
| Other liabilities | 65,161 | 27,160 | 1,255,000 | 1,237,000 | |||||
| Due to related parties | 832,437 | 546,526 | 82,000 | 85,409 | 7,078 | 82,000 | |||
| Other undisclosed current liabilities | 323,161 | 322,922 | 2,768,475 | 1,226,000 | 82,000 | 1,841,961 | |||
| Total current liabilities: | 4,862,432 | 4,224,970 | 3,638,107 | 4,016,750 | 3,380,573 | 3,329,178 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | |||||||||
| Long-term debt, excluding current maturities | |||||||||
| Total noncurrent liabilities: | |||||||||
| Total liabilities: | 4,862,432 | 4,224,970 | 3,638,107 | 4,016,750 | 3,380,573 | 3,329,178 | |||
| Equity | |||||||||
| Equity, attributable to parent, including: | (4,627,854) | (3,460,522) | (2,936,709) | (3,461,202) | (2,740,126) | (2,920,407) | |||
| Common stock | 111 | 111 | 111 | 315 | 314 | 310 | |||
| Additional paid in capital | 72,241,505 | 71,767,003 | 71,192,503 | 68,965,776 | 67,973,277 | 66,190,781 | |||
| Accumulated deficit | (76,869,470) | ||||||||
| Other undisclosed equity, attributable to parent | (75,227,636) | (74,129,323) | (72,427,293) | (70,713,717) | (69,111,498) | ||||
| Total equity: | (4,627,854) | (3,460,522) | (2,936,709) | (3,461,202) | (2,740,126) | (2,920,407) | |||
| TOTAL LIABILITIES AND EQUITY: | 234,578 | 764,448 | 701,398 | 555,548 | 640,447 | 408,771 | |||
Income Statement (P&L) (USD)Annual | Quarterly
| 9/30/2015 Q3 | 6/30/2015 Q2 | 3/31/2015 Q1 | 12/31/2014 Q4 | 9/30/2014 Q3 | 6/30/2014 Q2 | 3/31/2014 Q1 | ||
|---|---|---|---|---|---|---|---|---|
| Operating expenses | (1,520,596) | (1,075,955) | (1,656,640) | (1,690,883) | (1,582,585) | (2,164,306) | ||
| Other operating income (expense), net | 121,238 | (22,358) | (45,390) | (22,693) | (19,634) | (313,690) | ||
| Other undisclosed operating income (loss) | (121,238) | 22,358 | (7,450,431) | 22,693 | 19,634 | 313,690 | ||
| Operating loss: | (1,520,596) | (1,075,955) | (9,152,461) | (1,690,883) | (1,582,585) | (2,164,306) | ||
| Interest and debt expense | 25,496 | (4,358) | (27,390) | (4,693) | (1,634) | (690) | ||
| Loss from continuing operations before equity method investments, income taxes: | (1,495,100) | (1,080,313) | (9,179,851) | (1,695,576) | (1,584,219) | (2,164,996) | ||
| Other undisclosed income from continuing operations before income taxes | 7,128,821 | |||||||
| Loss from continuing operations: | (1,495,100) | (1,080,313) | (2,051,030) | (1,695,576) | (1,584,219) | (2,164,996) | ||
| Loss before gain (loss) on sale of properties: | (1,495,100) | (1,080,313) | (2,052,260) | (1,695,576) | (1,584,219) | (2,164,996) | ||
| Loss from discontinued operations | (1,230) | |||||||
| Other undisclosed net income (loss) | (18,000) | 350,230 | (18,000) | (18,000) | (311,770) | |||
| Net loss: | (1,495,100) | (1,098,313) | (1,702,030) | (1,713,576) | (1,602,219) | (2,476,766) | ||
| Other undisclosed net loss attributable to parent | (146,734) | |||||||
| Net loss available to common stockholders, diluted: | (1,641,834) | (1,098,313) | (1,702,030) | (1,713,576) | (1,602,219) | (2,476,766) | ||
Comprehensive Income (USD)Annual | Quarterly
| 9/30/2015 Q3 | 6/30/2015 Q2 | 3/31/2015 Q1 | 12/31/2014 Q4 | 9/30/2014 Q3 | 6/30/2014 Q2 | 3/31/2014 Q1 | ||
|---|---|---|---|---|---|---|---|---|
| Net loss: | (1,495,100) | (1,098,313) | (1,702,030) | (1,713,576) | (1,602,219) | (2,476,766) | ||
| Comprehensive loss, net of tax, attributable to parent: | (1,495,100) | (1,098,313) | (1,702,030) | (1,713,576) | (1,602,219) | (2,476,766) | ||
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.