For the quarter ending 2025-09-30, DC had -$8,948,962 decrease in cash & cash equivalents over the period. -$9,887,158 in free cash flow.
| Cash Flow | 2025-09-30 | 2025-06-30 |
|---|---|---|
| Net income (loss), including portion attributable to noncontrolling interest | -10,492,837 | -10,211,551 |
| Depreciation | 46,572 | 95,171 |
| Total stock-based compensation expense | 1,009,078 | 1,364,633 |
| Interest expense | 0 | 0 |
| Income tax benefit - deferred | 0 | 0 |
| Prepaid expenses and other current assets | 350,254 | 69,156 |
| Accounts payable and accrued expenses | 11,174 | 235,387 |
| Other assets | 0 | 0 |
| Net cash used in operating activities | -9,776,267 | -8,585,516 |
| Purchases of property and equipment | 110,891 | 0 |
| Purchases of mineral rights and properties | 165,353 | 20,000 |
| Net cash used in investing activities | -276,244 | -20,000 |
| Proceeds from sale of common stock on at-the market ('atm') program | 0 | 7,316,230 |
| Proceeds from issuance of common stock | 0 | 32,684,881 |
| Represents the amount of proceeds from orion equity investment | 0 | - |
| Proceeds from stock options exercised | 0 | 96,000 |
| Proceeds from warrant exercises | 1,103,549 | 1,856,608 |
| Represents the amount of payments of income taxes on restricted stock units ('rsus') and performance stock units ('psus) | 0 | 785,458 |
| The proceeds from the sale of an interest in a royalty | 0 | - |
| Net cash provided by financing activities | 1,103,549 | 41,168,261 |
| Cash, cash equivalents, restricted cash and restricted cash equivalents, period increase (decrease), excluding exchange rate effect | -8,948,962 | 32,562,745 |
| Cash and cash equivalents at beginning of period | 9,408,270 | - |
| Cash and cash equivalents at end of period | 33,022,053 | - |
Dakota Gold Corp. (DC)
Dakota Gold Corp. (DC)