Northern Minerals & Exploration Ltd. (NMEX) financial statements (2022 and earlier)
Company profile
| Business Address |
1301 AVENUE M CISCO, TX 76437 |
| State of Incorp. | NV |
| Fiscal Year End | July 31 |
| SIC | 104 - Gold And Silver Ores (benchmarking) |
| More info | Complete financial analysis Financial benchmarking |
Balance sheet (Statement of financial position) ($ in thousands)
| 1/31/2021 TTM | 7/31/2020 | 7/31/2019 | 7/31/2018 | 7/31/2017 | 7/31/2016 | 7/31/2015 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 23 | 7 | 22 | 53 | 1 | 5 | 2 | ||
| Cash and cash equivalents | 23 | 7 | 22 | 53 | 1 | 5 | 2 | ||
| Receivables | 0 | 11 | 10 | 3 | 4 | ||||
| Prepaid expense | 5 | 4 | 3 | 3 | |||||
| Other undisclosed current assets | 10 | 20 | 0 | 0 | |||||
| Total current assets: | 33 | 18 | 37 | 79 | 5 | 8 | 5 | ||
| Noncurrent Assets | |||||||||
| Advance royalties | 20 | 20 | |||||||
| Other undisclosed noncurrent assets | 29 | 29 | 29 | 251 | 126 | 2,091 | 2,088 | ||
| Total noncurrent assets: | 29 | 29 | 29 | 251 | 126 | 2,111 | 2,108 | ||
| Other undisclosed assets | (79) | ||||||||
| TOTAL ASSETS: | 62 | 47 | 66 | 251 | 131 | 2,119 | 2,113 | ||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities, including: | 480 | 527 | 702 | 413 | 197 | 41 | 30 | ||
| Accounts payable | 83 | 89 | 64 | 85 | 44 | 16 | 16 | ||
| Accrued liabilities | 397 | 438 | 638 | 328 | 153 | 225 | 225 | ||
| Other undisclosed accounts payable and accrued liabilities | (200) | (211) | |||||||
| Debt | 133 | 219 | 130 | 151 | 175 | 85 | 85 | ||
| Due to related parties | 35 | 30 | 50 | 43 | 30 | 30 | |||
| Other undisclosed current liabilities | 99 | 23 | 23 | 116 | 116 | 326 | 322 | ||
| Total current liabilities: | 747 | 799 | 905 | 723 | 488 | 482 | 467 | ||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 85 | ||||||||
| Long-term debt, excluding current maturities | 85 | ||||||||
| Liabilities, other than long-term debt | 1,419 | 1,444 | |||||||
| Deferred revenue and credits | ✕ | ✕ | ✕ | ✕ | 1,419 | 1,444 | |||
| Total noncurrent liabilities: | 85 | 1,419 | 1,444 | ||||||
| Total liabilities: | 747 | 799 | 905 | 808 | 488 | 1,901 | 1,911 | ||
| Stockholders' equity | |||||||||
| Stockholders' equity attributable to parent, including: | (685) | (752) | (839) | (557) | (357) | 217 | 202 | ||
| Common stock | 68 | 63 | 56 | 48 | 27 | 26 | 16 | ||
| Common stock, share subscribed but unissued, subscriptions receivable | 45 | ||||||||
| Additional paid in capital | 2,309 | 2,184 | 2,024 | 1,737 | 1,239 | 1,194 | 1,003 | ||
| Accumulated deficit | (3,062) | (2,999) | (2,964) | (2,392) | (1,623) | (1,002) | (817) | ||
| Other undisclosed stockholders' equity attributable to parent | 50 | ||||||||
| Total stockholders' equity: | (685) | (752) | (839) | (557) | (357) | 217 | 202 | ||
| TOTAL LIABILITIES AND EQUITY: | 62 | 47 | 66 | 251 | 131 | 2,119 | 2,113 | ||
Income statement (P&L) ($ in thousands)
| 1/31/2021 TTM | 7/31/2020 | 7/31/2019 | 7/31/2018 | 7/31/2017 | 7/31/2016 | 7/31/2015 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 27 | 3 | 14 | 59 | 54 | 14 | ||
| Financial services revenue | ✕ | ✕ | ✕ | ✕ | 33 | |||
| Other income | 25 | |||||||
| Cost of revenue | (36) | (355) | (60) | (47) | (18) | (124) | ||
| Cost of goods and services sold | (36) | (355) | (270) | (47) | (18) | (124) | ||
| Other undisclosed gross profit | (36) | |||||||
| Gross profit: | (9) | (33) | (341) | (1) | 6 | (4) | (124) | |
| Operating expenses | (205) | (191) | (567) | (750) | (135) | (199) | (307) | |
| Other undisclosed operating income | 11 | 36 | 355 | |||||
| Operating loss: | (203) | (188) | (553) | (751) | (128) | (203) | (431) | |
| Nonoperating income (expense) | 200 | 153 | (19) | (19) | (492) | |||
| Interest and debt expense | 12 | (15) | 100 | (6) | 3 | |||
| Income (loss) from continuing operations before equity method investments, income taxes: | 9 | (50) | (472) | (776) | (617) | (203) | (431) | |
| Other undisclosed income (loss) from continuing operations before income taxes | (12) | 15 | (100) | 6 | (3) | |||
| Net loss: | (2) | (35) | (572) | (770) | (620) | (203) | (431) | |
| Other undisclosed net income attributable to parent | 18 | 124 | ||||||
| Net loss available to common stockholders, diluted: | (2) | (35) | (572) | (770) | (620) | (185) | (307) | |
Comprehensive Income ($ in thousands)
| 1/31/2021 TTM | 7/31/2020 | 7/31/2019 | 7/31/2018 | 7/31/2017 | 7/31/2016 | 7/31/2015 | ||
|---|---|---|---|---|---|---|---|---|
| Net loss: | (2) | (35) | (572) | (770) | (620) | (203) | (431) | |
| Comprehensive loss, net of tax, attributable to parent: | (2) | (35) | (572) | (770) | (620) | (203) | (431) | |
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.