For the quarter ending 2025-09-30, REEMF has $26,436K in assets. $1,717K in debts. $21,713K in cash and cash equivalents.
| Balance Sheets | 2025-09-30 | 2025-06-30 | ||
|---|---|---|---|---|
| Cash and cash equivalents | 21,713 | 23,050 | ||
| Due from related party (note 4) | 1,614 | - | ||
| Prepaid expenses and other | 293 | 173 | ||
| Total current assets | 23,620 | 23,223 | ||
| Building, net | 80 | 82 | ||
| Equipment, net | 120 | 112 | ||
| Restricted cash | 200 | 198 | ||
| Right of use asset (note 6) | 176 | 157 | ||
| Land | 2,240 | 2,240 | ||
| Total assets | 26,436 | 26,012 | ||
| Due to related party (note 4) | - | 1,169 | ||
| Accounts payable and accrued liabilities | 1,234 | 763 | ||
| Lease liability, current (note 6) | 181 | 149 | ||
| Total current liabilities | 1,415 | 2,081 | ||
| Reclamation obligation | 185 | 185 | ||
| Lease liability, long-term (note 6) | 25 | 41 | ||
| Other long-term liabilities | 92 | 92 | ||
| Total liabilities | 1,717 | 2,399 | ||
| Common shares, no par value - unlimited shares authorized shares outstanding at september 30, 2025 and december 31, 2024 of 516,134,712 and 516,111,557, respectively | 174,173 | 174,173 | ||
| Additional paid-in capital | 29,106 | 29,106 | ||
| Accumulated deficit | -178,560 | -179,666 | ||
| Total shareholders' equity | 24,719 | 23,613 | ||
| Total liabilities and shareholders' equity | 26,436 | 26,012 | ||
RARE ELEMENT RESOURCES LTD (REEMF)
RARE ELEMENT RESOURCES LTD (REEMF)