Midway Gold Corp (MDW) financial statements (2022 and earlier)

Company profile

Business Address POINT AT INVERNESS, SUITE 280
State of Incorp. BC
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)

Current Assets
Cash, cash equivalents, and short-term investments17,39851,36375,053
Cash and cash equivalents17,39851,36375,053
Inventory, net of allowances, customer advances and progress billings14,683
Prepaid expense537 
Deposits current assets84  
Prepaid expense and other current assets431143
Other current assets553 
Total current assets:33,32551,89775,235
Noncurrent Assets
Property, plant and equipment96,00616,7518,006
Long-term investments and receivables  14
Long-term investments  14
Derivative instruments and hedges108  
Deposits noncurrent assets846846858
Deferred costs4,983  
Other noncurrent assets8,734 
Prepaid expense and other noncurrent assets405 
Other undisclosed noncurrent assets57,29951,94949,052
Total noncurrent assets:167,97769,95157,929
Other undisclosed assets 2,001867
TOTAL ASSETS:201,302123,849134,031
Current Liabilities
Accounts payable and accrued liabilities, including:10,1872,8801,711
Accounts payable 2,880834
Accrued liabilities  877
Other undisclosed accounts payable and accrued liabilities10,187  
Asset retirement obligation109 
Other liabilities1,5941,441 
Other undisclosed current liabilities1,6381,507 
Total current liabilities:24,1035,8371,711
Noncurrent Liabilities
Long-term debt and lease obligation32,445174 
Long-term debt, excluding current maturities32,445174 
Liabilities, other than long-term debt4,1628,24228,497
Asset retirement obligations4,12852 
Derivative instruments and hedges, liabilities348,19028,497
Other undisclosed noncurrent liabilities (52) 
Total noncurrent liabilities:36,6078,36328,497
Other undisclosed liabilities  3,173
Total liabilities:60,71014,20033,380
Temporary equity, carrying amount81,20747,48344,261
Stockholders' equity
Stockholders' equity attributable to parent, including:88,61162,16656,390
Preferred stock  44,261
Common stock176,279140,834138,304
Additional paid in capital6933,19511,418
Accumulated other comprehensive income (loss)14,2192,127(436)
Accumulated deficit(102,580)  
Other undisclosed stockholders' equity attributable to parent (83,990)(137,157)
Other undisclosed stockholders' equity(29,226)  
Total stockholders' equity:59,38562,16656,390
TOTAL LIABILITIES AND EQUITY:201,302123,849134,031

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

Gross profit:(3,363)(5,338)(7,183)
Operating expenses(10,572)(1,720)(1,190)
Other undisclosed operating loss(2,882)(10,322)(6,361)
Operating loss:(16,816)(17,380)(14,734)
Nonoperating income (expense)(77)24,441(1,383)
Investment income, nonoperating3015132
Foreign currency transaction gain (loss), before tax(37)4,065504
Other nonoperating expense(184)(36)(496)
Interest and debt expense(5)(3)(3)
Other undisclosed income from continuing operations before equity method investments, income taxes533
Income (loss) from continuing operations before income taxes:(16,893)7,061(16,117)
Income tax expense (benefit)(1,697)1,845842
Net income (loss) attributable to parent:(18,590)8,906(15,275)
Other undisclosed net loss available to common stockholders, basic(10,775)(9,384)(432)
Net loss available to common stockholders, diluted:(29,364)(478)(15,707)

Comprehensive Income ($ in thousands)

Net income (loss):(18,590)8,906(15,275)
Other comprehensive income12,092  
Comprehensive income (loss):(6,498)8,906(15,275)
Other undisclosed comprehensive income (loss), net of tax, attributable to parent 2,563(463)
Comprehensive income (loss), net of tax, attributable to parent:(6,498)11,469(15,738)

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.

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