For the quarter ending 2026-03-31, NEXM has $81,088,250 in assets. $9,387,440 in debts. $26,220,756 in cash and cash equivalents.
| Balance Sheets | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Cash and cash equivalents | 26,220,756 | 39,780,384 | 14,117,843 | 26,463,957 |
| Prepaid expenses | 3,266,925 | 1,039,206 | 1,040,240 | 1,471,657 |
| Other receivables | 979,501 | 5,655,947 | 1,346,625 | 1,435,756 |
| Total current assets | 30,467,182 | 46,475,537 | 16,504,708 | 29,371,370 |
| Exploration and evaluation assets | 41,404,363 | 42,730,629 | 8,471,766 | 8,794,678 |
| Property, plant and equipment | 9,216,705 | 9,312,414 | 9,062,031 | 8,887,826 |
| Total non-current assets | 50,621,068 | 52,043,043 | 17,533,797 | 17,682,504 |
| Total assets | 81,088,250 | 98,518,580 | 34,038,505 | 47,053,874 |
| Dsu liability current | - | 104,720 | 339,959 | 502,929 |
| Trade payables and accrued liabilities | 3,579,946 | 9,459,971 | 5,800,791 | 4,812,152 |
| Vehicle financing current | 126,358 | 148,862 | 153,383 | 180,949 |
| Mortgage payable current | 241,600 | 244,260 | 238,110 | - |
| Total current liabilities | 3,947,904 | 9,957,813 | 6,532,243 | 5,496,030 |
| Trade payables and accrued liabilities non-current | - | - | 146,091 | 292,182 |
| Provision for leave and severance | 1,374,923 | 1,365,850 | 1,332,309 | 1,181,049 |
| Vehicle financing non-current | 106,717 | 137,361 | 130,127 | 161,762 |
| Mortgage payable non-current | 993,014 | 1,089,094 | 1,175,034 | - |
| Term loan | - | - | - | 0 |
| Nsr option liability | 2,750,000 | 2,750,000 | 2,750,000 | 2,750,000 |
| Dsu liability non-current | 214,882 | 268,672 | 337,467 | 617,224 |
| Total non-current liabilities | 5,439,536 | 5,610,977 | 5,871,028 | 5,002,217 |
| Total liabilities | 9,387,440 | 15,568,790 | 12,403,271 | 10,498,247 |
| Preferred shares (no par value, 20,000,000 authorized) series 1 convertible preferred shares (no par value, 4,000,000 authorized) (issued and outstanding march 31, 2026 118,186 december 31, 2025 118,186) | 31,516 | 31,516 | 31,516 | 31,516 |
| Common shares (no par value, unlimited common shares authorized 21,449,318 issued and outstanding) (december 31, 2024 9,285,424) | - | - | - | 0 |
| Additional paid-in capital | 292,742,702 | 291,858,035 | 216,431,825 | 215,735,416 |
| Deficit | -216,696,861 | -206,073,424 | -193,308,643 | -177,304,175 |
| Accumulated other comprehensive loss | -4,376,547 | -2,866,337 | -1,519,464 | -1,907,130 |
| Total shareholders equity | 71,700,810 | 82,949,790 | 21,635,234 | 36,555,627 |
| Total liabilities and shareholders equity | 81,088,250 | 98,518,580 | 34,038,505 | 47,053,874 |
NexMetals Mining Corp. (NEXM)
NexMetals Mining Corp. (NEXM)