Contango Silver & Gold Inc.
For the period ended Dec 31, 2024. Filed Mar 17, 2025.
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FY2024 · Filed Mar 17, 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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Consolidated Statements of Operations
| Fiscal Year Ended December 31, | Six Months Ended December 31, | Fiscal Year Ended June 30, | |
|---|---|---|---|
| 2024 | 2023 | 2023 | |
| EXPENSES: | |||
| Claim rental expense | $(589,461) | $(255,121) | $(526,279) |
| Exploration expense | (4,059,505) | (1,815,822) | (7,878,863) |
| Depreciation expense | (121,876) | (52,620) | (136,501) |
| Accretion expense | (9,542) | (6,284) | (11,860) |
| Impairment from loss, net of recovery | — | — | (7,111) |
| General and administrative expense | (10,611,271) | (6,752,910) | (9,091,127) |
| Total expenses | (15,391,655) | (8,882,757) | (17,651,741) |
| Income/(loss) from equity investment in Peak Gold, LLC | 41,669,216 | (6,315,595) | (21,120,000) |
| Total income/(expense) from operations | 26,277,561 | (15,198,352) | (38,771,741) |
| OTHER INCOME/(EXPENSE): | |||
| Interest income | 352,869 | 68,662 | 29,651 |
| Insurance recoveries | — | — | 338,301 |
| Interest expense | (11,731,622) | (2,358,920) | (1,959,666) |
| Gain/(loss) on derivative contracts | (54,150,141) | (23,417,781) | — |
| Gain/(loss) on spot metal sales | 1,209,293 | — | — |
| Unrealized gain/(loss) on marketable securities | (199,018) | — | — |
| Other income | 127,366 | 140,083 | 622,155 |
| Total other income/(expense) | (64,391,253) | (25,567,956) | (969,559) |
| (Loss)/income before income taxes | (38,113,692) | (40,766,308) | (39,741,300) |
| Income tax benefit/(expense) | 83,401 | — | — |
| NET LOSS | $(38,030,291) | $(40,766,308) | $(39,741,300) |
| LOSS PER SHARE | |||
| Basic and diluted | $(3.49) | $(4.44) | $(5.61) |
| WEIGHTED AVERAGE COMMON SHARES OUTSTANDING | |||
| Basic and diluted | 10,896,228 | 9,180,032 | 7,087,027 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.