Golden Minerals Co
For the period ended Dec 31, 2024. Filed Apr 15, 2025.
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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2024 · Filed Apr 15, 2025
AUMN$0.20-6.0%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Item 8. Consolidated Statements of Cash Flows
CONSOLIDATED STATEMENTS OF CASH FLOW****S
| | | | | | | |
|---|---|---|---|---|---|---|
| · · Year Ended December 31, | ||||||
| · 2024 · 2023 | ||||||
| | | (in thousands) | ||||
| Cash flows from (used in) operating activities: | | | | | | |
| Net loss | | $(7,600) | | $(9,228) | ||
| Loss from discontinued operations | | | 3,039 | | | 3,191 |
| Adjustments to reconcile net loss to net cash used in operating activities: | | | | | | |
| Depreciation expense | | | 1 | | | 2 |
| Loss on trading securities | | | 11 | | | 9 |
| Stock-based compensation | | | 404 | | | 405 |
| Changes in operating assets and liabilities: | | | | | | |
| Value added tax receivable, net | | | 2,821 | | | (1,670) |
| Prepaid expenses and other assets | | | 608 | | | 126 |
| Right-of-use assets | | | 101 | | | 223 |
| Accounts payable and other accrued liabilities | | | (3,274) | | | 1,190 |
| Other current liabilities | | | (332) | | | (266) |
| Other long-term liabilities | | | (28) | | | (94) |
| Net cash used in operating activities - continuing operations | | | (4,249) | | | (6,112) |
| Net cash used in operating activities - discontinued operations | | | (3,488) | | | (3,800) |
| Net cash used in operating activities | | | (7,737) | | | (9,912) |
| Cash flows from (used in) investing activities: | | | | | | |
| Investment in Golden Gryphon | | | — | | | (40) |
| Net cash provided by (used in) investing activities - continuing operations | | | — | | | (40) |
| Net cash provided by investing activities - discontinued operations | | | 7,165 | | | 2,246 |
| Net cash provided by investing activities | | | 7,165 | | | 2,206 |
| Cash flows from (used in) financing activities: | | | | | | |
| Proceeds from issuance of common stock, net of issuance costs | | | — | | | 7,500 |
| Common stock shares relinquished to pay taxes | | | (19) | | | — |
| Net cash (used in) provided by financing activities - continuing operations | | | (19) | | | 7,500 |
| Net cash (used in) provided by financing activities - discontinued operations | | | — | | | — |
| Net cash (used in) provided by financing activities | | | (19) | | | 7,500 |
| Net decrease in cash and cash equivalents | | | (591) | | | (206) |
| Cash and cash equivalents, beginning of period | | | 3,766 | | | 3,972 |
| Cash and cash equivalents, end of period | | $3,175 | | $3,766 | ||
| | | | | | | |
| Supplemental disclosure: | | | | | | |
| Interest paid | | $12 | | $23 | ||
| Income taxes paid | | $— | | $— | ||
| | | | | | | |
| Supplemental disclosure of non-cash transactions: | | | | | | |
| Deferred equity offering costs amortized | | $— | | $45 | ||
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