FEAV: the balance sheet

MyFinsight

For the quarter ending 2025-12-31, FEAV has $58,608K in assets. $6,988K in debts. $571K in cash and cash equivalents.

Balance Sheets	2025-12-31	2025-09-30	2025-06-30
Cash and cash equivalents	571	5,468	3,836
Prepaid expenses	284	-	-
Prepaid expenses and other current assets	-	451	777
Deferred offering costs and other current assets	282	-	-
Total current assets	1,137	5,919	4,613
Mineral rights and properties, net	7,667	7,702	7,735
Construction in progress	3,076	2,865	3,050
Properties, plant and equipment, gross	80,662	81,200	79,018
Less accumulated depreciation	35,606	30,641	25,360
Properties, plant and equipment, net	45,056	50,559	53,658
Reclamation bond deposits	1,569	1,551	1,532
Right of use asset	103	123	141
Other assets	-	-	0
Total assets	58,608	68,719	70,729

Accounts payable and accrued liabilities	5,813	7,341	6,352
Lease liabilities, current	87	84	81
Total current liabilities	5,900	7,425	6,433
Long-term debt, net	0	11	22
Convertible note derivative liabilities	-	-	0
Lease liabilities	24	46	68
Asset retirement obligations	1,064	1,040	1,016
Total liabilities	6,988	8,522	7,539
Common stock, 0.01 par value 360,000 shares authorized 23,512 and 20,018 shares outstanding december 31, 2025 and june 30, 2025, respectively	235	224	200
Additional paid-in capital	304,526	302,219	294,546
Retained earnings (accumulated deficit)	-253,141	-242,246	-231,556
Total stockholders' equity	51,620	60,197	63,190
Total liabilities and stockholders' equity	58,608	68,719	70,729

Unit: Thousand (K) dollars (except for numbers of shares and EPS). Numbers labeled with * are estimated quarterly values.