Golden Minerals Co
For the period ended Dec 31, 2025. Filed Apr 1, 2026.
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FY2025 · Filed Apr 1, 2026
AUMN$0.20-0.4%Stored close · as of Jun 29, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statements of Operations
| Year Ended | ||
|---|---|---|
| December 31, | ||
| 2025 | 2024 | |
| (in thousands, except per share data) | ||
| Costs and expenses: | ||
| Exploration expense | (932) | (568) |
| Administrative expense | (2,300) | (3,580) |
| Stock-based compensation | (313) | (404) |
| Depreciation expense | — | (1) |
| Total costs and expenses | (3,545) | (4,553) |
| Loss from operations | (3,545) | (4,553) |
| Other income (expense): | ||
| Interest and other income, net | 95 | 75 |
| Gain (loss) on foreign currency transactions | (41) | (83) |
| Total other income (expense) | 54 | (8) |
| Loss from operations before income taxes and discontinued operations | (3,491) | (4,561) |
| Income taxes (Note 13) | — | — |
| Loss from continuing operations | (3,491) | (4,561) |
| Income (loss) from discontinued operations, net of taxes (Note 4) | 6,144 | (3,039) |
| Net income (loss) | $2,653 | $(7,600) |
| Net income (loss) per common share – basic | ||
| Continuing operations | $(0.23) | $(0.31) |
| Discontinued operations | 0.41 | (0.21) |
| Net income (loss) per common share – basic | $0.18 | $(0.52) |
| Weighted-average shares outstanding – basic | 15,052,882 | 14,721,036 |
| Net income (loss) per common share – diluted | ||
| Continuing operations | $(0.21) | $(0.31) |
| Discontinued operations | 0.37 | (0.21) |
| Net income (loss) per common share – diluted | $0.16 | $(0.52) |
| Weighted-average shares outstanding – diluted (1) | 16,660,242 | 14,721,036 |
| (1) | For the year ended, December 31, 2025, diluted weighted average shares outstanding included 862,719 incremental shares related to unvested restricted stock units, calculated using the treasury stock method Warrants to purchase 7,427,587 shares of common stock were excluded from diluted earnings per share as their exercise price exceeded the average market price of the Company’s common stock during the year and therefore were anti-dilutive. Potentially dilutive shares at December 31, 2024, consisting of 1,070,079 equivalent shares related to stock compensation and 10,819,742 equivalent shares related to warrants outstanding, were not included in the calculation of diluted weighted average shares as the impact would be anti-dilutive. See Note 14 for a discussion of stock-based compensation and warrants. |
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