The latest financial statement is for the quarter ending 2026-03-31.
| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Net loss | -14,305,590 | -24,070,237 | -5,392,948 | -6,623,460 |
| Stock-based compensation | 978,063 | 1,239,251 | 825,554 | 1,291,705 |
| Depreciation expense | 39,590 | 39,590 | 33,776 | 67,363 |
| Accretion expense | 82,332 | 0 | 0 | 0 |
| Non-cash portion for lease expense | 12,180 | 10,989 | 12,180 | 24,360 |
| Equity earnings from investment in peak gold, llc | 12,758,228 | 9,405,469 | 29,533,425 | 49,646,218 |
| Cash distribution from peak gold, llc | 9,000,000 | 15,000,000 | 33,000,000 | 54,000,000 |
| Unrealized (gain)/loss from derivative contracts | 31,904,363 | 11,017,832 | -14,400,655 | -42,582,410 |
| Unrealized (gain)/loss from marketable securities | -734,229 | -1,683,008 | -950,655 | 6,654,375 |
| Realized gain from marketable securities | - | 728,600 | - | - |
| Interest expense paid in stock | 99,994 | 166,637 | 99,990 | 199,983 |
| Amortization of debt discount and debt issuance fees | 117,146 | 260,472 | 554,223 | 1,573,864 |
| Drawdown of silver royalty | 339,263 | 157,510 | 182,552 | 244,527 |
| Deferred tax (benefit)/expense | -23,008 | 212,330 | -73,202 | 171,230 |
| Increase in prepaid expenses and other | -1,489,164 | 190,326 | 19,791 | -281,689 |
| Increase in inventory | - | - | - | 803,824 |
| (decrease)/increase in accounts payable and accrued liabilities | -2,830,101 | -7,502,133 | 7,235,675 | 716,188 |
| Decrease/(increase) in income taxes receivable | - | -7,118 | 550,000 | - |
| Net cash (used in)/provided by operating activities | -49,607,855 | -34,466,948 | 23,264,614 | 36,936,388 |
| Cash invested in peak gold, llc | - | 0 | 0 | 0 |
| Proceeds from the sale of marketable securities | - | 1,025,674 | - | - |
| Cash consideration paid for avidian alaska acquisition | - | 0 | 200,000 | 150,000 |
| Transaction costs paid as part of the dolly varden acquisition | 5,237,255 | - | - | - |
| Acquisition of property and equipment | - | 150,495 | 2,127 | 9,870 |
| Cash acquired as part of the dolly varden acquisition | 36,022,607 | - | - | - |
| Net cash provided by investing activities | 30,785,352 | 875,179 | -202,127 | -159,870 |
| Cash proceeds from debt | - | 0 | 0 | 0 |
| Principal repayments on debt | 1,000,000 | 8,500,000 | 7,000,000 | 22,000,000 |
| Debt issuance costs | - | 0 | 0 | 0 |
| Cash proceeds from common stock and warrant issuance, net | 52,436,119 | -46,896 | 54,460,370 | 2,127,029 |
| Shares repurchased for tax withholdings on share-based awards | 0 | 0 | 0 | -659,279 |
| Net cash provided by/(used in) financing activities | 51,436,119 | -8,546,896 | 47,460,370 | -20,532,250 |
| Net change in cash and cash equivalents and restricted cash | 32,613,616 | -42,138,665 | 70,522,857 | 16,244,268 |
| Cash and cash equivalents and restricted cash, beginning of period | 64,943,982 | 107,082,647 | 20,315,522 | - |
| Cash and cash equivalents and restricted cash, end of period | 97,557,598 | 64,943,982 | 107,082,647 | - |
Contango ORE, Inc. (CTGO)
Contango ORE, Inc. (CTGO)