Texas Mineral Resources Corp. (TMRC)
Texas Mineral Resources Corp. (TMRC)
| Balance Sheets | 2026-05-31 | 2026-02-28 | 2025-11-30 | 2025-08-31 |
|---|---|---|---|---|
| Cash and cash equivalents | 2,606,393 | 789,564 | 1,102,715 | 590,350 |
| Marketable equity securities | NaN | 2,980,265 | NaN | NaN |
| Prepaid expenses and other current assets | 63,050 | 112,745 | 47,199 | 41,460 |
| Total current assets | 2,669,443 | 3,882,574 | 1,149,914 | 631,810 |
| Restricted investment | 38,766 | 38,766 | 38,766 | 38,766 |
| Mineral properties, net | 490,606 | 490,606 | 490,606 | 490,606 |
| Total assets | 3,198,815 | 4,411,946 | 1,679,286 | 1,161,182 |
| Accounts payable and accrued liabilities | 171,352 | 69,756 | 97,291 | 50,400 |
| Notes payable, related party | 75,000 | 75,000 | 75,000 | 75,000 |
| Total current liabilities and liabilities | 246,352 | 144,756 | 172,291 | 125,400 |
| Common stock, par value 0.01 100,000,000 shares authorized, 88,339,693 and 78,855,273 shares issued and oustanding as of may 31, 2026 and august 31, 2025, respectively | 883,397 | 882,161 | 813,358 | 788,553 |
| Additional paid-in capital | 49,541,198 | 49,542,434 | 46,049,708 | 45,357,513 |
| Accumulated deficit | -47,472,132 | -46,157,405 | -45,356,071 | -45,110,284 |
| Total shareholders' equity | 2,952,463 | 4,267,190 | 1,506,995 | 1,035,782 |
| Total liabilities and shareholders' equity | 3,198,815 | 4,411,946 | 1,679,286 | 1,161,182 |