Contango ORE, Inc.
For the period ended Sep 30, 2025. Filed Nov 13, 2025.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2025 · Filed Nov 13, 2025
CTGO$16.55+6.4%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Financial Statements (Unaudited)
Item 1 - Financial Statements
| September 30, 2025 | December 31, 2024 | |
|---|---|---|
| ASSETS | ||
| CURRENT ASSETS: | ||
| Cash | $106,977,194 | $20,058,477 |
| Restricted cash | 105,453 | 257,045 |
| Prepaid expenses and other | 869,123 | 1,114,522 |
| Income taxes receivable | 99,126 | 649,125 |
| Total current assets | 108,050,896 | 22,079,169 |
| LONG-TERM ASSETS: | ||
| Investment in Peak Gold, LLC | 52,703,265 | 60,523,622 |
| Property & equipment, net | 50,440,230 | 50,577,097 |
| Marketable securities | 6,464,700 | 712,375 |
| Total long-term assets | 109,608,195 | 111,813,094 |
| TOTAL ASSETS | $217,659,091 | $133,892,263 |
| LIABILITIES AND STOCKHOLDERS’ EQUITY | ||
| CURRENT LIABILITIES: | ||
| Accounts payable | $9,514,587 | $418,836 |
| Accrued liabilities | 1,155,684 | 2,803,598 |
| Royalty reimbursement advance | 645,555 | 855,548 |
| Derivative contract liability | 72,377,342 | 29,076,582 |
| Debt, current portion | 11,500,000 | 42,600,000 |
| Total current liabilities | 95,193,168 | 75,754,564 |
| NON-CURRENT LIABILITIES: | ||
| Royalty reimbursement advance | — | 217,086 |
| Asset retirement obligations | 255,769 | 255,769 |
| Contingent consideration liability | 1,100,480 | 1,100,480 |
| Derivative contract liability | 42,297,830 | 28,615,525 |
| Debt non-current portion, net | 30,597,286 | 26,369,199 |
| Deferred tax liability | 405,023 | 306,995 |
| Total non-current liabilities | 74,656,388 | 56,865,054 |
| TOTAL LIABILITIES | 169,849,556 | 132,619,618 |
| COMMITMENTS AND CONTINGENCIES (NOTE 11) | ||
| STOCKHOLDERS’ EQUITY: | ||
| Preferred Stock, 15,000,000 shares authorized | — | — |
| Common Stock, $0.01 par value, 45,000,000 shares authorized; 14,962,410shares issued and 14,959,930 shares outstanding as of September 30, 2025; 12,230,959 shares issued and 12,228,479 shares outstanding as of December 31, 2024 | 149,622 | 122,308 |
| Additional paid-in capital | 236,796,766 | 178,270,782 |
| Treasury stock at cost (2,480 at September 30, 2025; and 2,480 shares at December 31, 2024) | (48,308) | (48,308) |
| Accumulated deficit | (189,088,545) | (177,072,137) |
| TOTAL STOCKHOLDERS’ EQUITY | 47,809,535 | 1,272,645 |
| TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY | $217,659,091 | $133,892,263 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.