| Cash Flow | 2025-09-30 | 2025-06-30 |
|---|---|---|
| Net loss | -12,016,408 | -6,623,460 |
| Stock-based compensation | 2,117,259 | 1,291,705 |
| Depreciation expense | 101,139 | 67,363 |
| Accretion expense | 0 | 0 |
| Non-cash portion for lease expense | 36,540 | 24,360 |
| Equity earnings from investment in peak gold, llc | 79,179,643 | 49,646,218 |
| Cash distribution from peak gold, llc | 87,000,000 | 54,000,000 |
| Unrealized loss from derivative contracts | -56,983,065 | -42,582,410 |
| Unrealized (gain) from marketable securities | 5,703,720 | 6,654,375 |
| Interest expense paid in stock | 299,973 | 199,983 |
| Amortization of debt discount and debt issuance fees | 2,128,087 | 1,573,864 |
| Drawdown of silver royalty | 427,079 | 244,527 |
| Deferred tax expense | 98,028 | 171,230 |
| Decrease in prepaid expenses and other | -261,898 | -281,689 |
| Increase in inventory | - | 803,824 |
| Increase in accounts payable and accrued liabilities | 7,951,863 | 716,188 |
| Increase in income taxes payable | 550,000 | - |
| Net cash provided by operating activities | 60,201,002 | 36,936,388 |
| Cash invested in peak gold, llc | 0 | 0 |
| Cash consideration paid for avidian alaska acquisition | 350,000 | 150,000 |
| Acquisition of property and equipment | 11,997 | 9,870 |
| Net cash used in investing activities | -361,997 | -159,870 |
| Cash proceeds from debt | 0 | 0 |
| Principal repayments on debt | 29,000,000 | 22,000,000 |
| Cash proceeds from common stock and warrant issuance, net | 56,587,399 | 2,127,029 |
| Shares repurchased for tax withholdings on share-based awards | -659,279 | -659,279 |
| Debt issuance costs | 0 | 0 |
| Net cash provided by financing activities | 26,928,120 | -20,532,250 |
| Net change in cash and restricted cash | 86,767,125 | 16,244,268 |
| Cash and cash equivalents at beginning of period | 20,315,522 | - |
| Cash and cash equivalents at end of period | 107,082,647 | - |
Contango ORE, Inc. (CTGO)
Contango ORE, Inc. (CTGO)