| Cash Flow | 2026-05-31 | 2026-02-28 | 2025-11-30 | 2025-08-31 |
|---|---|---|---|---|
| Net loss | -25,493 | -15,435 | -15,622 | -15,646 |
| Equity loss donlin gold (note 5) | -16,868 | -6,216 | -5,700 | -7,450 |
| Share-based compensation (note 13) | 2,268 | 1,883 | 2,303 | 2,000 |
| Warrant expense (note 9) | 0 | NaN | 0 | 0 |
| Remediation expense | NaN | NaN | 0 | NaN |
| Accretion of notes receivable | NaN | NaN | 0 | NaN |
| Interest expense on promissory note | 3,745 | 3,608 | 3,674 | 3,827 |
| Gain on sale of mineral property | NaN | NaN | 0 | 0 |
| Change in fair value of marketable securities (note 12) | 50 | 1,296 | 1,066 | 662 |
| Foreign exchange (gain) loss | -62 | 148 | -91 | 8 |
| Other operating adjustments | 5 | 6 | 2 | 3 |
| Other assets | 2,648 | -410 | 1,344 | -1,668 |
| Accounts payable and accrued liabilities | -1,985 | 1,387 | -244 | -196 |
| Accrued payroll and related benefits | 840 | -1,887 | 530 | 703 |
| Income taxes payable | 0 | 0 | 0 | -6 |
| Remediation liability | -13 | -6 | -60 | -36 |
| Net cash used in operating activities | -6,401 | -5,262 | -6,036 | -903 |
| Proceeds from term deposits | 0 | 5,000 | -126,000 | 92,000 |
| Purchases of term deposits | 17,000 | 275,000 | -188,000 | 134,000 |
| Funding of donlin gold | 16,326 | 15,546 | 3,954 | 8,100 |
| Investment in donlin gold (note 5) | NaN | NaN | 0 | 210,050 |
| Proceeds from note receivable | NaN | NaN | 0 | NaN |
| Proceeds from sale of marketable securities | 488 | 4,129 | 0 | 952 |
| Proceeds from sale of mineral property | NaN | NaN | 0 | 0 |
| Other | NaN | NaN | 0 | NaN |
| Net cash used in investing activities | -32,838 | -281,417 | 58,046 | -260,150 |
| Proceeds from issuance of equity (note 9) | 0 | 310,200 | 0 | 26,915 |
| Payments for costs related to equity issuance (note 9) | 0 | 16,200 | 0 | 1,434 |
| Payments of withholding tax on share-based compensation | 0 | 0 | -1 | 0 |
| Net cash provided by (used in) financing activities | 0 | 294,000 | 1 | 25,481 |
| Effect of exchange rate changes on cash and cash equivalents | -38 | 29 | -37 | 5 |
| Net change in cash and cash equivalents | -39,277 | 7,350 | 51,974 | -235,567 |
| Cash and cash equivalents at beginning of period | 117,493 | 110,143 | 58,169 | 293,736 |
| Cash and cash equivalents at end of period | 78,216 | 117,493 | 110,143 | 58,169 |
NOVAGOLD RESOURCES INC (NG)
NOVAGOLD RESOURCES INC (NG)