REEMF: the balance sheet

MyFinsight

For the quarter ending 2025-09-30, REEMF has $26,436K in assets. $1,717K in debts. $21,713K in cash and cash equivalents.

Unit: Thousand (K) dollars (except for numbers of shares and EPS)

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