LITHIUM AMERICAS CORP.
For the period ended Mar 31, 2026. Filed May 14, 2026.
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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.
Mar 31, 2026 · Filed May 14, 2026
LAC$1.89-6.4%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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CONDENSED CONSOLIDATED INTERIM STATEMENTS OF INCOME (LOSS)
| Three months ended March 31, | |||
|---|---|---|---|
| 2026 · 2025 | |||
| Operating expenses | |||
| Exploration expenditures | $ | - | $(19) |
| General and administrative expenses (Note 11) | (11,097) | (6,517) | |
| Total operating expenses | (11,097) | (6,536) | |
| Other income (expense) | |||
| Transaction costs (Note 12) | (1,001) | (4,302) | |
| Gain/(loss) on financial instruments measured at fair value: | |||
| Gain on LAC Warrant and JV Warrant obligations (Note 4) | 417 | - | |
| Gain on convertible debt and conversion feature (Note 8) | 14,304 | - | |
| Loss on investments measured at fair value | (4,607) | (1,956) | |
| Other income | 6,612 | 1,268 | |
| Total other income (expense) | 15,725 | (4,990) | |
| Net income (loss) | $4,628 | $(11,526) | |
| Net income (loss) attributable to: | |||
| Common stockholders | $(409) | $(10,702) | |
| Non-controlling interest | 5,037 | (824) | |
| Total | $4,628 | $(11,526) | |
| Net loss per share attributable to common stockholders, basic and diluted (Note 10) | $(0.00) | $(0.05) | |
| Weighted average number of common shares outstanding, basic and diluted | 353,176 | 218,603 | |
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