The latest financial statement is for the quarter ending 2026-02-28.
| Cash Flow | 2026-02-28 | 2025-11-30 | 2025-08-31 | 2025-05-31 |
|---|---|---|---|---|
| Net loss | -15,435 | -15,622 | -15,646 | -54,275 |
| Equity loss donlin gold | -6,216 | -5,700 | -7,450 | -6,463 |
| Share-based compensation | 1,883 | 2,303 | 2,000 | 1,410 |
| Warrant expense (note 11) | - | 0 | 0 | 39,607 |
| Remediation expense | - | 0 | - | - |
| Accretion of notes receivable | - | 0 | - | - |
| Interest expense on promissory note | 3,608 | 3,674 | 3,827 | 3,707 |
| Gain on sale of mineral property | - | 0 | 0 | 0 |
| Change in fair value of marketable securities (note 12) | 1,296 | 1,066 | 662 | 97 |
| Foreign exchange (gain) loss | 148 | -91 | 8 | -379 |
| Other operating adjustments | 6 | 2 | 3 | 6 |
| Other assets | -410 | 1,344 | -1,668 | 1,367 |
| Accounts payable and accrued liabilities | 1,387 | -244 | -196 | 649 |
| Accrued payroll and related benefits | -1,887 | 530 | 703 | -2,822 |
| Income taxes payable | 0 | 0 | -6 | -428 |
| Remediation liability | -6 | -60 | -36 | -231 |
| Net cash used in operating activities | -5,262 | -6,036 | -903 | -1,629 |
| Proceeds from term deposits | 5,000 | -126,000 | 92,000 | 93,000 |
| Purchases of term deposits | 275,000 | -188,000 | 134,000 | 59,000 |
| Funding of donlin gold | 15,546 | 3,954 | 8,100 | 6,799 |
| Investment in donlin gold (note 5) | - | 0 | 210,050 | - |
| Proceeds from note receivable | - | 0 | - | - |
| Proceeds from disposal of investments | - | - | - | 0 |
| Proceeds from sale of marketable securities | 4,129 | 0 | 952 | - |
| Proceeds from sale of mineral property | - | 0 | 0 | 0 |
| Other | - | 0 | - | - |
| Net cash used in investing activities | -281,417 | 58,046 | -260,150 | 27,201 |
| Proceeds from issuance of equity (note 9) | 310,200 | 0 | 26,915 | 243,839 |
| Payments for costs related to equity issuance (note 9) | 16,200 | 0 | 1,434 | 9,734 |
| Payments of withholding tax on share-based compensation | 0 | -1 | 0 | 0 |
| Net cash provided by (used in) financing activities | 294,000 | 1 | 25,481 | 234,105 |
| Effect of exchange rate changes on cash and cash equivalents | 29 | -37 | 5 | 90 |
| Net change in cash and cash equivalents | 7,350 | 51,974 | -235,567 | 259,767 |
| Cash and cash equivalents at beginning of period | 110,143 | 58,169 | 293,736 | 33,969 |
| Cash and cash equivalents at end of period | 117,493 | 110,143 | 58,169 | 293,736 |
NOVAGOLD RESOURCES INC (NG)
NOVAGOLD RESOURCES INC (NG)