For the quarter ending 2026-03-31, LAC had $302,016K increase in cash & cash equivalents over the period. -$317,575K in free cash flow.
| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Common stockholders | -409 | - | - | - |
| Non-controlling interest | -5,037 | - | - | - |
| Net income (loss) | 4,628 | 137,674 | -199,161 | -24,775 |
| Depreciation | 14 | 12 | 12 | 22 |
| Stock-based compensation | 2,138 | 1,897 | 1,657 | 2,652 |
| Amortization of right-of-use asset | 313 | 232 | 256 | 512 |
| Gain on lac and jv warrant obligations (note 4) | -417 | -160,025 | - | - |
| Gain on convertible debt and conversion feature (note 8) | 14,304 | -171,040 | - | - |
| Loss on financial instruments measured at fair value | -4,607 | 186,582 | -190,432 | 4,561 |
| Other items | 0 | 2,235 | 0 | 182 |
| Increase in receivables | 585 | 739 | 387 | 20 |
| Decrease in prepaids and deposits | -16 | 1,282 | -555 | -854 |
| Increase/(decrease) in accounts payable | -13,686 | 13,701 | -267 | 253 |
| Decrease in accrued liabilities | -853 | 7,869 | 9,467 | -24,005 |
| Operating lease payments, net of non-cash interest accrual | 123 | 183 | 251 | 498 |
| Net cash used in operating activities | -18,252 | -14,151 | 2,313 | -49,384 |
| Additions to mineral properties, plant and equipment | 299,323 | 239,375 | 172,166 | 353,503 |
| Net cash used in investing activities | -299,323 | -239,375 | -172,166 | -353,503 |
| Proceeds from convertible debt and production payment arrangements, net of issuance and transaction costs (note 11) | - | 0 | 0 | 211,754 |
| Proceeds from issuance of non-controlling interest (note 4) | - | 0 | 0 | 100,000 |
| Proceeds from at-the-market program, net of issuance costs | - | - | 57,235 | 8,841 |
| Proceeds from public offering, net of issuance costs (note 9) | 189,640 | 401,181 | 0 | 0 |
| Proceeds from doe loan (note 4) | 432,000 | 435,000 | - | - |
| Payment of financing costs | 832 | -4,631 | 9,731 | 350 |
| Principal payments on finance lease obligations | 1,217 | 1,196 | 1,196 | 2,391 |
| Net cash provided by (used in) financing activities | 619,591 | 773,540 | 46,308 | 317,854 |
| Net increase (decrease) in cash and restricted cash | 302,016 | 520,014 | -123,545 | -85,033 |
| Cash and restricted cash, beginning of period (note 2) | 905,609 | 385,595 | 594,173 | - |
| Cash and restricted cash, end of period (note 2) | 1,207,625 | 905,609 | 385,595 | - |
LITHIUM AMERICAS CORP. (LAC)
LITHIUM AMERICAS CORP. (LAC)