The latest financial statement is for the year ending 2025-12-31.
| Cash Flow | 2025-12-31 |
|---|---|
| Net loss | -36,086,645 |
| Stock-based compensation | 3,356,510 |
| Depreciation expense | 140,729 |
| Accretion expense | 0 |
| Non-cash portion for lease expense | 47,529 |
| Equity earnings from investment in peak gold, llc | 88,585,112 |
| Cash distribution from peak gold, llc | 102,000,000 |
| Unrealized loss from derivative contracts | -45,965,233 |
| Unrealized (gain)/loss from marketable securities | 4,020,712 |
| Realized gain from marketable securities | 728,600 |
| Interest expense paid in stock | 466,610 |
| Amortization of debt discount and debt issuance fees | 2,388,559 |
| Drawdown of silver royalty | 584,589 |
| Deferred tax expense/(benefit) | 310,358 |
| (increase)/decrease in prepaid expenses and other | -71,572 |
| Increase/(decrease) in accounts payable and accrued liabilities | 449,730 |
| Decrease/(increase) in income taxes receivable | 542,882 |
| Net cash provided by (used in) operating activities | 25,734,054 |
| Cash invested in peak gold, llc | 0 |
| Proceeds from the sale of marketable securities | 1,025,674 |
| Cash consideration paid for avidian alaska acquisition | 350,000 |
| Acquisition of property and equipment | 162,492 |
| Net cash provided by/(used in) investing activities | 513,182 |
| Cash proceeds from debt | 0 |
| Principal repayments on debt | 37,500,000 |
| Cash proceeds from common stock and warrant issuance, net | 56,540,503 |
| Shares repurchased for tax withholdings on share-based awards | -659,279 |
| Debt issuance costs | 0 |
| Net cash provided by financing activities | 18,381,224 |
| Net change in cash and cash equivalents and restricted cash | 44,628,460 |
| Cash and cash equivalents and restricted cash, beginning of year | 20,315,522 |
| Cash and cash equivalents and restricted cash, end of year | 64,943,982 |
Contango ORE, Inc. (CTGO)
Contango ORE, Inc. (CTGO)