REEMF: the balance sheet

MyFinsight

For the quarter ending 2026-03-31, REEMF has $52,627K in assets. $1,918K in debts. $47,141K in cash and cash equivalents.

Balance Sheets	2026-03-31	2025-12-31	2025-09-30	2025-06-30
Prepaid expenses and other	-	230	293	173
Cash and cash equivalents	47,141	19,315	21,713	23,050
Due from related party (note 4)	2,277	1,614	1,614	-
Prepaid expenses and other	288	-	-	-
Total current assets	49,706	21,159	23,620	23,223
Cost	-	214	-	-
Accumulated depreciation	-	5	-	-
Building and equipment, net-Building	203	209	-	-
Cost	-	234	-	-
Building, net	-	-	80	82
Accumulated depreciation	-	122	-	-
Equipment, net	-	-	120	112
Building and equipment, net-Equipment	104	112	-	-
Restricted cash	204	202	200	198
Right of use asset (note 6)	170	198	176	157
Land	2,240	2,240	2,240	2,240
Total assets	52,627	24,120	26,436	26,012

Due to related party (note 4)	-	-	-	1,169
Accounts payable and accrued liabilities	1,455	1,340	1,234	763
Lease liability, current (note 6)	149	153	181	149
Total current liabilities	1,604	1,493	1,415	2,081
Reclamation obligation	185	185	185	185
Lease liability, long-term (note 6)	37	61	25	41
Other long-term liabilities	92	92	92	92
Total liabilities	1,918	1,831	1,717	2,399
Common shares, no par value - unlimited shares authorized shares outstanding at march 31, 2026 and december 31, 2025 of 645,368,390 and 516,134,712, respectively	204,726	174,173	174,173	174,173
Additional paid-in capital	29,106	29,106	29,106	29,106
Accumulated deficit	-183,123	-180,990	-178,560	-179,666
Total shareholders' equity	50,709	22,289	24,719	23,613
Total liabilities and shareholders' equity	52,627	24,120	26,436	26,012

Unit: Thousand (K) dollars (except for numbers of shares and EPS). Numbers labeled with * are estimated quarterly values.