AMERICAN BATTERY TECHNOLOGY Co
For the period ended Mar 31, 2024. Filed May 15, 2024.
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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, 2024 · Filed May 15, 2024
ABAT$1.32-7.0%Stored close · as of Nov 10, 2026
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Condensed Consolidated Statements of Operations (unaudited)
| Three months ended March 31, 2024 | Three months ended March 31, 2023 | Nine months ended March 31, 2024 | Nine months ended March 31, 2023 | |
|---|---|---|---|---|
| Operating expenses | ||||
| General and administrative | $3,229,202 | $3,538,541 | $10,699,915 | $9,445,776 |
| Research and development | 3,954,744 | 1,509,085 | 11,137,762 | 3,464,372 |
| Exploration costs | 1,422,758 | 584,344 | 3,596,103 | 1,479,507 |
| Total operating expenses | 8,606,704 | 5,631,970 | 25,433,780 | 14,389,655 |
| Net loss before other income (expense) | (8,606,704) | (5,631,970) | (25,433,780) | (14,389,655) |
| Other income (expense) | ||||
| Interest expense | (2,452) | - | (145,089) | - |
| Amortization and accretion of financing costs | (1,150,127) | - | (3,015,280) | - |
| Gain on sale of mining claims | - | - | - | 98,919 |
| Unrealized gain (loss) on investment | (19,089) | 2,949 | (24,586) | (11,709) |
| Change in fair value of derivative liability | (216,765) | - | (446,238) | - |
| Other income | - | 21,000 | - | 63,000 |
| Total other income (expense) | (1,388,433) | 23,949 | (3,631,193) | 150,210 |
| Net loss | $(9,995,137) | $(5,608,021) | $(29,064,973) | $(14,239,445) |
| Net loss per share, basic and diluted | $(0.19) | $(0.13) | $(0.59) | $(0.33) |
| Weighted average shares outstanding | 51,993,863 | 43,466,522 | 49,092,325 | 43,201,865 |
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