The latest financial statement is for the quarter ending 2025-09-30.
| Cash Flow | 2025-09-30 | 2025-06-30 |
|---|---|---|
| Net loss for the period | -2,814,623 | -2,196,616 |
| Accretion | 5,074 | 9,787 |
| Depreciation | 35,435 | 70,870 |
| Stock-based compensation | 59,052 | 295,065 |
| Non-cash lease expenses | 6,779 | 23,637 |
| Inventories | -20,138 | 0 |
| Prepaid expenses | 313,404 | 23,043 |
| Income tax payable | - | 0 |
| Other receivables | -11,431 | 16,400 |
| Accounts payable | -159,061 | 14,094 |
| Accrued liabilities | 253,893 | 48,376 |
| Lease liabilities | -9,175 | -17,943 |
| Net cash used in operating activities | -2,904,461 | -1,792,173 |
| Purchase of equipment | - | 0 |
| Net cash used in investing activities | - | 0 |
| Proceeds from at-the-market offering, net of issuance costs | 2,973,296 | 1,089,099 |
| Capital contributions from goldmining | - | 0 |
| Net cash provided by financing activities | 2,973,296 | 1,089,099 |
| Net change in cash, cash equivalents and restricted cash | 68,835 | -703,074 |
| Cash and cash equivalents at beginning of period | 3,967,008 | - |
| Cash and cash equivalents at end of period | 3,332,769 | - |
U.S. GoldMining Inc. (USGOW)
U.S. GoldMining Inc. (USGOW)