The latest financial statement is for the quarter ending 2025-09-30.
| Cash Flow | 2025-09-30 | 2025-06-30 |
|---|---|---|
| Net loss | -5,392,948 | -6,623,460 |
| Stock-based compensation | 825,554 | 1,291,705 |
| Depreciation expense | 33,776 | 67,363 |
| Accretion expense | 0 | 0 |
| Non-cash portion for lease expense | 12,180 | 24,360 |
| Equity earnings from investment in peak gold, llc | 29,533,425 | 49,646,218 |
| Cash distribution from peak gold, llc | 33,000,000 | 54,000,000 |
| Unrealized loss from derivative contracts | -14,400,655 | -42,582,410 |
| Unrealized (gain) from marketable securities | -950,655 | 6,654,375 |
| Interest expense paid in stock | 99,990 | 199,983 |
| Amortization of debt discount and debt issuance fees | 554,223 | 1,573,864 |
| Drawdown of silver royalty | 182,552 | 244,527 |
| Deferred tax expense | -73,202 | 171,230 |
| Decrease in prepaid expenses and other | 19,791 | -281,689 |
| Increase in inventory | - | 803,824 |
| Increase in accounts payable and accrued liabilities | 7,235,675 | 716,188 |
| Increase in income taxes payable | 550,000 | - |
| Net cash provided by operating activities | 23,264,614 | 36,936,388 |
| Cash invested in peak gold, llc | 0 | 0 |
| Cash consideration paid for avidian alaska acquisition | 200,000 | 150,000 |
| Acquisition of property and equipment | 2,127 | 9,870 |
| Net cash used in investing activities | -202,127 | -159,870 |
| Cash proceeds from debt | 0 | 0 |
| Principal repayments on debt | 7,000,000 | 22,000,000 |
| Cash proceeds from common stock and warrant issuance, net | 54,460,370 | 2,127,029 |
| Shares repurchased for tax withholdings on share-based awards | 0 | -659,279 |
| Debt issuance costs | 0 | 0 |
| Net cash provided by financing activities | 47,460,370 | -20,532,250 |
| Net change in cash and restricted cash | 70,522,857 | 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)