Contango ORE, Inc.
For the period ended Dec 31, 2025. Filed Mar 16, 2026.
View on SEC.govAbout this filing
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FY2025 · Filed Mar 16, 2026
CTGO$16.55+6.4%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Balance Sheets
| December 31, 2025 | December 31, 2024 | |
|---|---|---|
| ASSETS | ||
| CURRENT ASSETS: | ||
| Cash and cash equivalents | 64,837,617 | 20,058,477 |
| Restricted cash | 106,365 | 257,045 |
| Prepaid expenses and other | 3,290,962 | 1,114,522 |
| Income taxes receivable | 106,244 | 649,125 |
| Total current assets | 68,341,188 | 22,079,169 |
| LONG-TERM ASSETS: | ||
| Investment in Peak Gold, LLC | 47,108,733 | 60,523,622 |
| Property & equipment, net | 52,065,293 | 50,577,097 |
| Marketable securities | 4,436,013 | 712,375 |
| Total long-term assets | 103,610,039 | 111,813,094 |
| TOTAL ASSETS | $171,951,227 | $133,892,263 |
| LIABILITIES AND STOCKHOLDERS’ EQUITY | ||
| CURRENT LIABILITIES: | ||
| Accounts payable | $1,014,233 | $418,836 |
| Accrued liabilities | 4,336,813 | 2,803,598 |
| Royalty reimbursement advance | 488,045 | 855,548 |
| Derivative contract liability | 66,465,622 | 29,076,582 |
| Debt, current portion | 4,000,000 | 42,600,000 |
| Total current liabilities | 76,304,713 | 75,754,564 |
| NON-CURRENT LIABILITIES: | ||
| Royalty reimbursement advance | — | 217,086 |
| Asset retirement obligations | 123,444 | 255,769 |
| Contingent consideration liability | 2,757,952 | 1,100,480 |
| Derivative contract liability | 37,191,718 | 28,615,525 |
| Debt non-current portion, net | 29,857,758 | 26,369,199 |
| Deferred tax liability | 617,353 | 306,995 |
| Total non-current liabilities | 70,548,225 | 56,865,054 |
| TOTAL LIABILITIES | 146,852,938 | 132,619,618 |
| COMMITMENTS AND CONTINGENCIES (NOTES 8 and 12) | ||
| STOCKHOLDERS’ EQUITY: | ||
| Preferred Stock, 15,000,000 shares authorized | — | — |
| Common Stock, $0.01 par value, 45,000,000 shares authorized; 14,968,929shares issued and 14,966,449 shares outstanding as of December 31, 2025; 12,230,959 shares issued and 12,228,479 shares outstanding as of December 31, 2024 | 149,687 | 122,308 |
| Additional paid-in capital | 238,155,692 | 178,270,782 |
| Treasury stock at cost (2,480 at December 31, 2025; and 2,480 shares at December 31, 2024) | (48,308) | (48,308) |
| Accumulated deficit | (213,158,782) | (177,072,137) |
| TOTAL STOCKHOLDERS’ EQUITY | 25,098,289 | 1,272,645 |
| TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY | $171,951,227 | $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.