For the quarter ending 2026-03-31, DYNR has $58,824,602 in assets. $50,724,609 in debts.
| Balance Sheets | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Cash | 2,489,783 | 4,171,891 | 4,876,966 | 2,537,373 |
| Accounts receivable | - | 0 | 1,293,494 | 774,654 |
| Concentrate and ore inventories (note 2) | 1,491,984 | 1,595,363 | 1,761,356 | 1,597,036 |
| Foreign tax receivable | 973,403 | 1,424,244 | 2,009,941 | 1,684,755 |
| Supplies inventory | 2,318,315 | 2,313,917 | 2,664,526 | 2,145,355 |
| Other current assets (note 4) | 908,877 | 694,939 | 1,162,687 | 2,102,257 |
| Total current assets | 8,182,362 | 10,200,354 | 13,768,970 | 10,841,430 |
| Mining concessions | 4,132,678 | 4,132,678 | 4,132,678 | - |
| Mine development | 11,927,438 | 8,911,872 | 6,869,072 | - |
| Subtotal | 16,060,116 | 13,044,550 | 11,001,750 | - |
| Less accumulated depletion | -1,387,471 | -964,295 | -723,294 | - |
| Mineral property interests, carrying value | 14,672,645 | 12,080,255 | 10,278,456 | - |
| Subtotal | 5,531,902 | 5,358,617 | 2,183,404 | - |
| Less accumulated depreciation and amortization | 194,616 | 130,549 | 23,719 | - |
| Plant and equipment, carrying value | 5,337,286 | 5,228,068 | 2,159,685 | - |
| Other assets | - | 0 | 0 | 167,809 |
| Mineral property interests, plant and equipment (net of accumulated depreciation and depletion of 1,582,087 and 1,094,844) (note 3) | 20,009,931 | 17,308,323 | 12,438,141 | 9,724,746 |
| Right-of-use assets, net | 492,951 | 500,392 | 523,750 | 678,720 |
| Deferred tax asset, net | 1,542,011 | 2,349,186 | 3,814,590 | 3,549,498 |
| Foreign tax receivable | 28,597,347 | 27,238,331 | 24,743,342 | 22,563,743 |
| Total assets | 58,824,602 | 57,596,586 | 55,288,793 | 47,525,946 |
| Accounts payable and accrued liabilities (note 5) | 15,263,761 | 17,305,927 | 17,839,369 | 14,399,702 |
| Accrued mining taxes and other liabilities (note 5) | 10,612,611 | 9,786,005 | 4,616,599 | 6,125,642 |
| Derivative liability (note 6) | 1,177,657 | 1,249,030 | 1,115,206 | 1,159,816 |
| Credit line (note 7) | 9,166,667 | 8,333,333 | 5,833,333 | 10,059,931 |
| Current portion of operating lease payable | 99,284 | 87,689 | 87,689 | 137,432 |
| Concession duties payable (note 10) | - | 5,174,078 | - | - |
| Mining concession duties payable (note 8) | 5,242,921 | - | 4,956,971 | 4,715,022 |
| Total current liabilities | 41,562,901 | 41,936,062 | 34,449,167 | 36,597,545 |
| Credit line (note 6) | 5,000,000 | 6,666,667 | 9,166,667 | - |
| Operating lease payable, less current portion | 436,449 | 511,317 | 511,317 | 611,554 |
| Deferred tax liability | 622,030 | 622,030 | 307,777 | 307,777 |
| Asset retirement obligation (note 9) | 2,838,892 | 2,831,430 | 238,478 | 233,492 |
| Other liabilities | 264,337 | 266,550 | 352,783 | - |
| Total liabilities | 50,724,609 | 52,834,056 | 45,026,189 | 37,750,368 |
| Senior convertible preferred stock-Series CSenior Convertible Preferred Stock | 4,337,480 | 4,337,480 | 4,337,480 | 4,337,480 |
| Senior convertible preferred stock-Series DSenior Convertible Preferred Stock | 1,520,000 | 1,520,000 | 1,520,000 | 1,520,000 |
| Common stock, 0.01 par value, 40,000,000 shares authorized 29,315,726 shares issued and outstanding | 293,157 | 293,157 | 293,157 | 293,157 |
| Shares to be issued | - | - | 240,000 | 240,000 |
| Series e convertible preferred stock, 0.0001 par value, 1,552,795 shares authorized, issued and outstanding | 2,500,000 | 2,500,000 | 2,500,000 | 2,500,000 |
| Preferred rights | 40,000 | 40,000 | 40,000 | 40,000 |
| Additional paid-in-capital | 70,351,574 | 70,168,395 | 71,375,688 | 69,717,850 |
| Treasury stock, 37,180 shares each period, at cost | 95,023 | 95,023 | 95,023 | 95,023 |
| Accumulated other comprehensive income | -8,027,374 | -8,647,513 | -3,251,109 | -821,077 |
| Accumulated deficit | -62,819,821 | -65,353,966 | -66,697,589 | -67,956,809 |
| Total stockholders' equity (deficiency) | 2,242,513 | -1,094,950 | 4,405,124 | 3,918,098 |
| Total liabilities, temporary equity and stockholders' equity (deficiency) | 58,824,602 | 57,596,586 | 55,288,793 | 47,525,946 |
DYNARESOURCE, INC. (DYNR)
DYNARESOURCE, INC. (DYNR)