Texas Mineral Resources Corp. (TMRC) Financial Statements (2024 and earlier)

Company Profile

Business Address 539 EL PASO STREET
SIERRA BLANCA, TX 79851
State of Incorp. DE
Fiscal Year End August 31
Industry (SIC) 104 - Gold And Silver Ores (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) (USD)

8/31/2023
11/30/2022
MRQ
8/31/2022
8/31/2021
8/31/2020
8/31/2019
8/31/2018
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments1,844,3942,343,9115,106,6532,746,4511,824,54631,591
Cash and cash equivalents1,338,7831,838,3005,106,6532,746,4511,824,54631,591
Short-term investments 505,611505,611    
Prepaid expense    183,1994,450 
Other undisclosed current assets419,741293,13073,029  3,333
Total current assets:2,264,1352,637,0415,179,6822,929,6501,828,99634,924
Noncurrent Assets
Property, plant and equipment  23,85330,834   
Prepaid expense    7,500  
Deposits noncurrent assets 7,5007,50012,620  4,000
Other undisclosed noncurrent assets415,607415,607181,755354,234354,234354,234
Total noncurrent assets:423,107446,960225,209361,734354,234358,234
TOTAL ASSETS:2,687,2423,084,0015,404,8913,291,3842,183,230393,158
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:108,03941,101191,394502,4271,118,0701,357,013
Accounts payable  41,101175,328113,251376,077 
Other undisclosed accounts payable and accrued liabilities108,039 16,066389,176741,9931,357,013
Debt     123,542260,387
Due to related parties  10,000 190,454421,415
Other undisclosed current liabilities    591,401  
Total current liabilities:108,03941,101201,3941,093,8281,432,0662,038,815
Noncurrent Liabilities
Total liabilities:108,03941,101201,3941,093,8281,432,0662,038,815
Equity
Equity, attributable to parent2,579,2033,042,9005,203,4972,197,556751,164(1,645,657)
Common stock728,961728,692719,341713,233562,050449,416
Additional paid in capital42,170,47542,066,26941,332,47840,376,84737,940,80933,275,248
Accumulated deficit(40,320,233)(39,752,061)(36,848,322)(38,892,524)(37,751,695)(35,370,321)
Total equity:2,579,2033,042,9005,203,4972,197,556751,164(1,645,657)
TOTAL LIABILITIES AND EQUITY:2,687,2423,084,0015,404,8913,291,3842,183,230393,158

Income Statement (P&L) (USD)

8/31/2023
11/30/2022
TTM
8/31/2022
8/31/2021
8/31/2020
8/31/2019
8/31/2018
Operating expenses(3,074,092)(2,911,189)(1,562,856)(1,074,062)(1,004,764)(617,813)
Operating loss:(3,074,092)(2,911,189)(1,562,856)(1,074,062)(1,004,764)(617,813)
Nonoperating income (expense)(58,957)7,4503,607,059(66,767)(1,376,610)(120,525)
Loss on condemnation     (721,689) 
Other nonoperating income (expense) 2,944  6,5827,767(120,525)
Interest and debt expense    (73,349)(662,688) 
Income (loss) from continuing operations:(3,133,049)(2,903,739)2,044,203(1,214,178)(3,044,062)(738,338)
Income (loss) before gain (loss) on sale of properties:(2,564,877)(2,903,739)2,044,203(1,214,178)(3,044,062)(738,338)
Other undisclosed net income (loss)   (1)73,349662,688 
Net income (loss) available to common stockholders, diluted:(3,133,049)(2,903,739)2,044,202(1,140,829)(2,381,374)(738,338)

Comprehensive Income (USD)

8/31/2023
11/30/2022
TTM
8/31/2022
8/31/2021
8/31/2020
8/31/2019
8/31/2018
Net income (loss):(3,133,049)(2,903,739)2,044,202(1,140,829)(2,381,374)(738,338)
Comprehensive income (loss), net of tax, attributable to parent:(3,133,049)(2,903,739)2,044,202(1,140,829)(2,381,374)(738,338)

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.

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