Inception Mining Inc. (IMII) financial statements (2022 and earlier)

Company profile

Business Address 5330 SO 900 E
MURRAY, UT 84117
State of Incorp. NV
Fiscal Year End December 31
SIC 104 - Gold And Silver Ores (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in thousands)

9/30/2021
TTM
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments 153485152195
Cash and cash equivalents 34485152195
Short-term investments 118    
Receivables 12216011
Inventory, net of allowances, customer advances and progress billings 7378555711,4301,484
Inventory 7378555711,4301,484
Deferred costs 12 119 
Other undisclosed current assets 1112153725
Total current assets: 9239356531,5291,714
Noncurrent Assets
Property, plant and equipment 4144436648821,237
Other noncurrent assets 1633737  
Other undisclosed noncurrent assets    2626
Total noncurrent assets: 5774807019081,263
TOTAL ASSETS: 1,5001,4161,3542,4362,977
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including: 3,4542,1921,6321,5401,078
Accounts payable 719751559900429
Accrued liabilities 1,620531394270296
Employee-related liabilities 618507411262176
Other undisclosed accounts payable and accrued liabilities 497404268108177
Debt 2,326271277266371
Derivative instruments and hedges, liabilities 7,56414,2222,548648 
Due to related parties 7,1056,9216,8236,7406,529
Other undisclosed current liabilities 8,5377,9647,8175,8434,692
Total current liabilities: 28,98831,57119,09615,03712,669
Noncurrent Liabilities
Long-term debt and lease obligation 1601,567   
Long-term debt, excluding current maturities 1601,567   
Other undisclosed noncurrent liabilities 1,820513342353256
Total noncurrent liabilities: 1,9802,080342353256
Total liabilities: 30,96833,65019,43815,39012,925
Stockholders' equity
Stockholders' equity attributable to parent (29,459)(32,227)(18,075)(12,946)(9,941)
Preferred stock 00000
Common stock 11111
Additional paid in capital 5,8835,3104,4913,9923,607
Accumulated other comprehensive loss (673)(526)(557)(556)(550)
Accumulated deficit (34,669)(37,011)(22,009)(16,383)(12,999)
Stockholders' equity attributable to noncontrolling interest (9)(8)(9)(8)(8)
Total stockholders' equity: (29,467)(32,235)(18,084)(12,954)(9,948)
TOTAL LIABILITIES AND EQUITY: 1,5001,4161,3542,4362,977

Income statement (P&L) ($ in thousands)

9/30/2021
TTM
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
Revenues
(Revenue, Net)
    3,6325,955
Cost of revenue (2,826)(3,656)(3,741) (1,518)
Cost of goods and services sold  (3,656)(3,741) (1,518)
Other undisclosed gross profit 4,144    
Gross profit: 1,317(3,656)(3,741)3,6324,436
Operating expenses (1,281)(5,759)(5,814)(5,320)(8,925)
Other undisclosed operating income  8,6117,709 1,518
Operating income (loss): 37(804)(1,846)(1,688)(2,970)
Nonoperating income (expense) 2,305(14,197)(3,781)(1,697)20,325
Other nonoperating income (expense) 21685(1,697)20,325
Interest and debt expense (531)(24,659)(9)(3)215
Income (loss) from continuing operations before equity method investments, income taxes: 1,810(39,660)(5,636)(3,388)17,570
Other undisclosed income (loss) from continuing operations before income taxes 53124,65993(215)
Net income (loss): 2,342(15,001)(5,627)(3,385)17,355
Net income (loss) attributable to noncontrolling interest 1(1)10(1)
Net income (loss) available to common stockholders, diluted: 2,342(15,002)(5,626)(3,384)17,354

Comprehensive Income ($ in thousands)

9/30/2021
TTM
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
Net income (loss): 2,342(15,001)(5,627)(3,385)17,355
Other comprehensive income (loss) (147)(14,970)(5,626)(3,390)17,041
Comprehensive income (loss): 2,194(29,970)(11,253)(6,775)34,395
Comprehensive income (loss), net of tax, attributable to noncontrolling interest (0)(0)(0)(0)1
Other undisclosed comprehensive income (loss), net of tax, attributable to parent  15,0015,6273,385(17,356)
Comprehensive income (loss), net of tax, attributable to parent: 2,194(14,970)(5,626)(3,390)17,040

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.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: