LITHIUM AMERICAS CORP.
For the period ended Sep 30, 2025. Filed Nov 13, 2025.
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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
LAC$2.02+4.7%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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CONDENSED CONSOLIDATED INTERIM STATEMENTS OF CHANGES IN EQUITY
| Common stock | ||||||||
|---|---|---|---|---|---|---|---|---|
| Numberof shares · Amount · Additionalpaid-incapital · Accumulateddeficit · Total equityattributableto LACshareholders · Non-controllinginterest · Totalstockholders’equity andnon-controllinginterest | ||||||||
| Balance, January 1, 2024 | 161,778 | $383,063 | $15,020 | $(13,154) | $384,929 | $ | - | $384,929 |
| Shares issued on conversion of stock-based awards | 373 | 2,875 | (2,875) | - | - | - | - | |
| Stock-based compensation | - | - | 5,038 | - | 5,038 | - | 5,038 | |
| Net loss | - | - | - | (6,264) | (6,264) | - | (6,264) | |
| Balance, March 31, 2024 | 162,151 | 385,938 | 17,183 | (19,418) | 383,703 | - | 383,703 | |
| Issuance of common stock, net of issuance costs | 55,000 | 262,146 | - | - | 262,146 | - | 262,146 | |
| Shares issued on conversion of stock-based awards | 764 | 3,630 | (3,630) | - | - | - | - | |
| Stock-based compensation | - | - | 2,219 | - | 2,219 | - | 2,219 | |
| Net loss | - | - | - | (6,555) | (6,555) | - | (6,555) | |
| Balance, June 30, 2024 | 217,915 | 651,714 | 15,772 | (25,973) | 641,513 | - | 641,513 | |
| Shares issued on conversion of stock-based awards | 379 | 2,197 | (2,197) | - | - | - | - | |
| Stock-based compensation | - | - | 2,163 | - | 2,163 | - | 2,163 | |
| Net loss | - | - | - | (8,536) | (8,536) | - | (8,536) | |
| Balance, September 30, 2024 | 218,294 | $653,911 | $15,738 | $(34,509) | $635,140 | $ | - | $635,140 |
| Balance, January 1, 2025 | 218,465 | $655,068 | $35,618 | $(55,682) | $635,004 | $310,336 | $945,340 | |
| Shares issued on conversion of stock-based awards | 221 | 2,256 | (2,256) | - | - | - | - | |
| Stock-based compensation | - | - | 1,198 | - | 1,198 | - | 1,198 | |
| Net loss | - | - | - | (10,702) | (10,702) | (824) | (11,526) | |
| Balance, March 31, 2025 | 218,686 | 657,324 | 34,560 | (66,384) | 625,500 | 309,512 | 935,012 | |
| Shares issued under At-the-Market Program, net of issuance costs (Note 8) | 3,361 | 8,541 | - | - | 8,541 | - | 8,541 | |
| Investment of General Motors to Lithium Nevada Ventures LLC (Note 6) | - | - | (10,804) | - | (10,804) | 110,804 | 100,000 | |
| Shares issued on conversion of stock-based awards | 1,280 | 4,771 | (4,771) | - | - | - | - | |
| Stock-based compensation | - | - | 5,531 | - | 5,531 | - | 5,531 | |
| Net loss | - | - | - | (12,447) | (12,447) | (802) | (13,249) | |
| Balance, June 30, 2025 | 223,327 | 670,636 | 24,516 | (78,831) | 616,321 | 419,514 | 1,035,835 | |
| Shares issued under At-the-Market Program, net of issuance costs (Note 8) | 18,905 | 57,524 | - | - | 57,524 | - | 57,524 | |
| Capital contribution to Lithium Nevada Ventures LLC (Note 6) | - | - | (2,550) | - | (2,550) | 2,550 | - | |
| Shares issued on conversion of stock-based awards | 282 | 1,040 | (1,040) | - | - | - | - | |
| Stock-based compensation | - | - | 2,023 | - | 2,023 | - | 2,023 | |
| Net loss | - | - | - | (197,684) | (197,684) | (1,477) | (199,161) | |
| Balance, September 30, 2025 | 242,514 | $729,200 | $22,949 | $(276,515) | $475,634 | $420,587 | $896,221 | |
(Expressed in thousands of U.S. dollars)
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.