Patriot Gold Corp (PGOL) financial statements (2022 and earlier)
Company profile
| Business Address |
401 RYLAND STREET RENO, NV 89502 |
| 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)
| 12/31/2021 | 12/31/2020 | 5/31/2019 | 5/31/2018 | 5/31/2017 | 5/31/2016 | 5/31/2015 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 1,533 | 1,346 | 226 | 718 | 1,415 | 968 | 158 | ||
| Cash and cash equivalents | 1,417 | 1,124 | 113 | 385 | 977 | 732 | 158 | ||
| Short-term investments | 116 | 222 | 112 | 334 | 439 | 236 | |||
| Receivables | 290 | ||||||||
| Prepaid expense | 39 | 105 | 185 | 3 | 1 | ||||
| Advance royalties | 1,107 | 1,076 | |||||||
| Total current assets: | 2,679 | 2,527 | 701 | 718 | 1,419 | 969 | 158 | ||
| Noncurrent Assets | |||||||||
| Long-term investments and receivables | 705 | ||||||||
| Accounts and financing receivable, after allowance for credit loss | 705 | ||||||||
| Deposits noncurrent assets | 13 | 13 | |||||||
| Deferred income tax assets | 1,108 | 1,165 | ✕ | ✕ | ✕ | ✕ | ✕ | ||
| Other undisclosed noncurrent assets | 300 | ||||||||
| Total noncurrent assets: | 1,108 | 1,165 | 1,005 | 13 | 13 | ||||
| TOTAL ASSETS: | 3,787 | 3,692 | 1,706 | 718 | 1,419 | 982 | 171 | ||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities, including: | 6 | 51 | 95 | 53 | 21 | 178 | 34 | ||
| Accrued liabilities | 342 | ||||||||
| Other undisclosed accounts payable and accrued liabilities | 6 | 51 | 95 | 53 | 21 | (164) | 34 | ||
| Due to related parties | 170 | 183 | 138 | ||||||
| Other undisclosed current liabilities | 342 | ||||||||
| Total current liabilities: | 177 | 233 | 233 | 53 | 21 | 520 | 34 | ||
| Noncurrent Liabilities | |||||||||
| Total liabilities: | 177 | 233 | 233 | 53 | 21 | 520 | 34 | ||
| Stockholders' equity | |||||||||
| Stockholders' equity attributable to parent, including: | 3,611 | 3,458 | 1,473 | 665 | 1,397 | 462 | 137 | ||
| Common stock | 74 | 74 | 74 | 58 | 56 | 52 | 48 | ||
| Treasury stock, value | (9) | (9) | (9) | (9) | |||||
| Additional paid in capital | 29,477 | 29,477 | 29,842 | 28,816 | 28,430 | 28,225 | 27,758 | ||
| Accumulated other comprehensive loss | (16) | (16) | (16) | (16) | (16) | (16) | (16) | ||
| Accumulated deficit | (25,937) | (26,090) | (28,419) | (28,184) | (27,072) | (27,798) | (27,653) | ||
| Other undisclosed stockholders' equity attributable to parent | 23 | 23 | 0 | 0 | |||||
| Total stockholders' equity: | 3,611 | 3,458 | 1,473 | 665 | 1,397 | 462 | 137 | ||
| TOTAL LIABILITIES AND EQUITY: | 3,787 | 3,692 | 1,706 | 718 | 1,419 | 982 | 171 | ||
Income statement (P&L) ($ in thousands)
| 12/31/2021 | 12/31/2020 | 5/31/2019 | 5/31/2018 | 5/31/2017 | 5/31/2016 | 5/31/2015 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 1,738 | 2,468 | 865 | |||||
| Cost of revenue (Cost of Goods and Services Sold) | (20) | (49) | (108) | |||||
| Gross profit: | 1,738 | 2,468 | 865 | (20) | (49) | (108) | ||
| Operating expenses | (1,421) | (1,369) | (996) | (372) | (349) | (1,248) | (777) | |
| Other undisclosed operating loss | (0) | (437) | ||||||
| Operating income (loss): | 317 | 1,099 | (131) | (809) | (370) | (1,297) | (884) | |
| Nonoperating income (expense) | (107) | (237) | (150) | (303) | 1,096 | (9) | (5) | |
| Foreign currency transaction gain (loss), before tax | (0) | 5 | (4) | (9) | (5) | |||
| Other nonoperating income (expense) | 1 | 12 | (303) | 1,096 | ||||
| Income (loss) from continuing operations before income taxes: | 209 | 862 | (281) | (1,112) | 727 | (1,306) | (889) | |
| Income tax expense (benefit) | (57) | 1,165 | (302) | |||||
| Income (loss) before gain (loss) on sale of properties: | 152 | 2,027 | (281) | (1,112) | 727 | (1,306) | (1,192) | |
| Other undisclosed net income | 57 | |||||||
| Net income (loss): | 209 | 2,027 | (281) | (1,112) | 727 | (1,306) | (1,192) | |
| Other undisclosed net income (loss) attributable to parent | (57) | 0 | 1,160 | 302 | ||||
| Net income (loss) attributable to parent: | 152 | 2,027 | (281) | (1,112) | 727 | (146) | (889) | |
| Other undisclosed net loss available to common stockholders, basic | (0) | |||||||
| Net income (loss) available to common stockholders, diluted: | 152 | 2,027 | (281) | (1,112) | 727 | (146) | (889) | |
Comprehensive Income ($ in thousands)
| 12/31/2021 | 12/31/2020 | 5/31/2019 | 5/31/2018 | 5/31/2017 | 5/31/2016 | 5/31/2015 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | 209 | 2,027 | (281) | (1,112) | 727 | (1,306) | (1,192) | |
| Other comprehensive loss | (0) | |||||||
| Comprehensive income (loss): | 209 | 2,027 | (281) | (1,112) | 727 | (1,306) | (1,192) | |
| Other undisclosed comprehensive loss, net of tax, attributable to parent | (57) | |||||||
| Comprehensive income (loss), net of tax, attributable to parent: | 152 | 2,027 | (281) | (1,112) | 727 | (1,306) | (1,192) | |
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.