For the quarter ending 2025-09-30, CTGO has $217,659,091 in assets. $169,849,556 in debts. $106,977,194 in cash and cash equivalents.
| Balance Sheets | 2025-09-30 | 2025-06-30 | ||
|---|---|---|---|---|
| Cash | 106,977,194 | 36,454,652 | ||
| Restricted cash | 105,453 | 105,138 | ||
| Prepaid expenses and other | 869,123 | 849,332 | ||
| Inventory | - | 803,824 | ||
| Income taxes receivable | 99,126 | 649,126 | ||
| Total current assets | 108,050,896 | 38,862,072 | ||
| Investment in peak gold, llc | 52,703,265 | 56,169,840 | ||
| Property & equipment, net | 50,440,230 | 50,482,571 | ||
| Marketable securities | 6,464,700 | 7,623,200 | ||
| Total long-term assets | 109,608,195 | 114,275,611 | ||
| Total assets | 217,659,091 | 153,137,683 | ||
| Accounts payable | 9,514,587 | 2,489,442 | ||
| Accrued liabilities | 1,155,684 | 1,559,457 | ||
| Royalty reimbursement advance | 645,555 | 828,107 | ||
| Derivative contract liability | 72,377,342 | 59,731,655 | ||
| Debt, current portion | 11,500,000 | 17,500,000 | ||
| Total current liabilities | 95,193,168 | 82,108,661 | ||
| Royalty reimbursement advance | 0 | 0 | ||
| Asset retirement obligations | 255,769 | 255,769 | ||
| Contingent consideration liability | 1,100,480 | 1,100,480 | ||
| Derivative contract liability | 42,297,830 | 40,542,862 | ||
| Debt non-current portion, net | 30,597,286 | 31,043,063 | ||
| Deferred tax liability | 405,023 | 478,225 | ||
| Total non-current liabilities | 74,656,388 | 73,420,399 | ||
| Preferred stock, 15,000,000 shares authorized | - | 0 | ||
| Total liabilities | 169,849,556 | 155,529,060 | ||
| Common stock, 0.01 par value, 45,000,000 shares authorized 14,962,410 shares issued and 14,959,930 shares outstanding as of september 30, 2025 12,230,959 shares issued and 12,228,479 shares outstanding as of december 31, 2024 | 149,622 | 126,357 | ||
| Additional paid-in capital | 236,796,766 | 181,226,171 | ||
| Treasury stock at cost (2,480 at september 30, 2025 and 2,480 shares at december 31, 2024) | 48,308 | 48,308 | ||
| Accumulated deficit | -189,088,545 | -183,695,597 | ||
| Total stockholders' equity | 47,809,535 | -2,391,377 | ||
| Total liabilities and stockholders' equity | 217,659,091 | 153,137,683 | ||
Contango ORE, Inc. (CTGO)
Contango ORE, Inc. (CTGO)