Ivanhoe Electric Inc
For the period ended Sep 30, 2024. Filed Nov 8, 2024.
View on SEC.govAbout this filing
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, 2024 · Filed Nov 8, 2024
IE$7.66-7.3%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Condensed Interim Consolidated Balance Sheets
Condensed Interim Consolidated Balance Sheets (Unaudited)
(Expressed in thousands of U.S. dollars)
| September 30,2024 | December 31,2023 | |
|---|---|---|
| Assets | ||
| Current assets: | ||
| Cash and cash equivalents | $81,073 | $205,043 |
| Restricted cash | 5,998 | — |
| Accounts receivable | 2,774 | 3,326 |
| Inventory | — | 5,013 |
| Prepaid expenses and deposits | 3,731 | 3,104 |
| Assets held for sale | 11,161 | — |
| 104,737 | 216,486 | |
| Non-current assets: | ||
| Investments subject to significant influence | 30,439 | 39,130 |
| Other investments | 2,039 | 2,989 |
| Exploration mineral interests | 225,863 | 216,290 |
| Property, plant and equipment | 7,106 | 6,645 |
| Other non-current assets | 5,244 | 5,686 |
| Total assets | $375,428 | $487,226 |
| Liabilities and Equity | ||
| Current liabilities: | ||
| Accounts payable and accrued liabilities | $14,509 | $19,948 |
| Note payable, current | 16,099 | 12,672 |
| Due to related party | — | 4,000 |
| Lease liabilities, current | 856 | 699 |
| Contract liability | — | 2,404 |
| Deferred exploration liability | 5,812 | — |
| Liabilities held for sale | 4,655 | — |
| 41,931 | 39,723 | |
| Non-current liabilities: | ||
| Note payable | 36,244 | 36,244 |
| Convertible debt | 30,267 | 28,372 |
| Deferred income taxes | 4,462 | 4,845 |
| Lease liabilities, net of current portion | 1,680 | 1,199 |
| Other non-current liabilities | 593 | 562 |
| Total liabilities | 115,177 | 110,945 |
| Commitments and contingencies (Note 17) | ||
| Equity: | ||
| Common stock, par value $0.0001; 700,000,000 shares authorized; 120.4 million shares issued and outstanding as of September 30, 2024 (December 31, 2023 - 700,000,000 authorized; 120.0 million issued and outstanding) | 12 | 12 |
| Additional paid-in capital | 799,516 | 777,816 |
| Accumulated deficit | (547,034) | (401,504) |
| Accumulated other comprehensive income | (2,420) | (2,073) |
| Equity attributable to common stockholders | 250,074 | 374,251 |
| Non-controlling interests | 10,177 | 2,030 |
| Total equity | 260,251 | 376,281 |
| Total liabilities and equity | $375,428 | $487,226 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.