For the quarter ending 2025-10-31, USAU had -$2,513,081 decrease in cash & cash equivalents over the period. -$4,914,531 in free cash flow.
| Cash Flow | 2025-10-31 | 2025-07-31 |
|---|---|---|
| Net loss | -4,482,551 | -2,077,499 |
| Depreciation | 16,200 | 8,436 |
| Accretion | 8,365 | 8,479 |
| Amortization of right-of-use asset | 14,510 | 14,833 |
| Stock based compensation | 135,013 | 155,013 |
| Amortization of prepaid stock based expenses | 15,000 | - |
| Change in fair value of warrant liability | 0 | -1,495,000 |
| Prepaid expenses and other current assets | 54,699 | 194,401 |
| Reclamation bond deposit | 122,600 | 0 |
| Accounts payable and accrued liabilities | 680,065 | 257,300 |
| Stock payable | 10,000 | 22,500 |
| Operating lease liability | -14,510 | -14,833 |
| Net cash used in operating activities | -3,795,207 | -3,315,172 |
| Purchase of land and building | 1,119,324 | - |
| Net cash used in investing activities | -1,119,324 | - |
| Issuance of common stock for cash | 523,276 | - |
| Proceeds from issuance of common stock for exercise of stock option | 13,204 | 13,204 |
| Proceeds from issuance of common stock for exercise of stock warrants | 1,864,970 | 6,483,012 |
| Net cash provided by financing activities | 2,401,450 | 6,496,216 |
| Net increase/(decrease) in cash | -2,513,081 | 3,181,044 |
| Cash and cash equivalents at beginning of period | 8,168,767 | - |
| Cash and cash equivalents at end of period | 8,836,730 | - |
U.S. GOLD CORP. (USAU)
U.S. GOLD CORP. (USAU)