Ameriwest Lithium (AWLIF) Financial Statements
Price: $0.1276
Market Cap: $1.75M
Avg Volume: 35.82K
Market Cap: $1.75M
Avg Volume: 35.82K
Country: CA
Industry: Industrial Materials
Sector: Basic Materials
Industry: Industrial Materials
Sector: Basic Materials
Overview of Financial Statements
Financial statements are records that provide an overview of a company's financial performance and position. There are three main types of financial statements:
- Income Statement: Shows the company's revenue, expenses, and profit over a specific period.
- Balance Sheet: Provides a snapshot of the company's assets, liabilities, and equity at a specific point in time.
- Cash Flow Statement: Details the cash inflows and outflows from operating, investing, and financing activities over a period.
This page presents both annual and quarterly data for these financial statements. The charts below provide a visual representation of the key metrics from each statement, helping you to quickly understand the financial health of Ameriwest Lithium.
Income Statement
| Breakdown | April 30, 2024 | April 30, 2023 | April 30, 2022 | April 30, 2021 | April 30, 2020 | April 30, 2019 | April 30, 2018 |
|---|---|---|---|---|---|---|---|
| Revenue | $- | $- | $- | $- | $- | $- | $- |
| Cost of Revenue | $35.62K | $48.10K | $53.95K | $- | $- | $- | $- |
| Gross Profit | $-35.62K | $-48.10K | $-53.95K | $- | $- | $- | $- |
| Gross Profit Ratio | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Research and Development Expenses | $- | $- | $- | $- | $- | $- | $- |
| General and Administrative Expenses | $- | $1.25M | $9.45M | $644.02K | $90.87K | $81.79K | $96.15K |
| Selling and Marketing Expenses | $- | $2.79M | $- | $- | $- | $- | $15.44K |
| Selling General and Administrative Expenses | $1.63M | $4.04M | $9.45M | $644.02K | $90.87K | $81.79K | $111.59K |
| Other Expenses | $- | $- | $- | $3.42K | $1.74K | $- | $- |
| Operating Expenses | $1.63M | $4.04M | $9.45M | $640.60K | $89.14K | $81.79K | $111.59K |
| Cost and Expenses | $1.67M | $4.09M | $9.51M | $640.60K | $89.14K | $81.79K | $111.59K |
| Interest Income | $- | $- | $- | $- | $- | $- | $- |
| Interest Expense | $25.53K | $10.31K | $7.22K | $213 | $187 | $- | $- |
| Depreciation and Amortization | $35.62K | $48.10K | $53.95K | $537.34K | $85.62K | $81.79K | $121.74K |
| EBITDA | $-1.63M | $-4.04M | $-2.75M | $-94.70K | $-3.70K | $633 | $- |
| EBITDA Ratio | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Operating Income | $-1.67M | $-4.09M | $-9.51M | $-640.60K | $-89.14K | $-81.79K | $-111.59K |
| Operating Income Ratio | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Total Other Income Expenses Net | $-488.53K | $-67.92K | $-56.29K | $-94.70K | $-3.70K | $633 | $-1 |
| Income Before Tax | $-2.16M | $-4.15M | $-9.56M | $-632.04K | $-89.33K | $-81.15K | $-111.59K |
| Income Before Tax Ratio | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Income Tax Expense | $-2.16M | $105.27K | $45.52K | $-324 | $-86 | $-82 | $-121.74K |
| Net Income | $-2.16M | $-4.26M | $-9.60M | $-632.04K | $-89.33K | $-81.15K | $-111.59K |
| Net Income Ratio | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| EPS | $-0.17 | $-0.43 | $-1.30 | $-0.02 | $-0.03 | $-0.03 | $-0.04 |
| EPS Diluted | $-0.17 | $-0.43 | $-1.30 | $-0.02 | $-0.03 | $-0.03 | $-0.04 |
| Weighted Average Shares Outstanding | 12.38M | 9.84M | 7.39M | 27.31M | 2.82M | 2.82M | 2.82M |
| Weighted Average Shares Outstanding Diluted | 12.38M | 9.84M | 7.39M | 27.31M | 2.82M | 2.82M | 2.82M |
| SEC Filing | Source | Source | Source | Source | Source | Source | Source |
Balance Sheet
| Breakdown | April 30, 2024 | April 30, 2023 | April 30, 2022 | April 30, 2021 | April 30, 2020 | April 30, 2019 | April 30, 2018 |
|---|---|---|---|---|---|---|---|
| Cash and Cash Equivalents | $32.66K | $419.20K | $4.43M | $483.32K | $2.76K | $1.37K | $93.51K |
| Short Term Investments | $75.94K | $258.83K | $- | $- | $- | $- | $- |
| Cash and Short Term Investments | $108.59K | $678.03K | $4.43M | $483.32K | $2.76K | $1.37K | $93.51K |
| Net Receivables | $21.00K | $- | $23.72K | $7.65K | $- | $- | $- |
| Inventory | $- | $-10 | $- | $- | $9.99K | $- | $- |
| Other Current Assets | $42.06K | $- | $34.67K | $37.53K | $10.83K | $10.00K | $- |
| Total Current Assets | $171.66K | $688.28K | $8.79M | $528.51K | $13.59K | $11.37K | $93.51K |
| Property Plant Equipment Net | $8.35M | $14.65K | $3.23M | $1.05M | $123.89K | $124.59K | $119.00K |
| Goodwill | $- | $- | $- | $- | $- | $- | $- |
| Intangible Assets | $- | $- | $- | $- | $- | $- | $- |
| Goodwill and Intangible Assets | $- | $- | $- | $- | $- | $- | $- |
| Long Term Investments | $23.22K | $23.07K | $21.93K | $2.75K | $- | $- | $- |
| Tax Assets | $- | $- | $- | $- | $- | $- | $- |
| Other Non-Current Assets | $- | $7.38M | $7.50K | $- | $- | $- | $-1 |
| Total Non-Current Assets | $8.37M | $7.41M | $3.26M | $1.05M | $123.89K | $124.59K | $118.99K |
| Other Assets | $- | $- | $- | $- | $- | $0 | $1 |
| Total Assets | $8.54M | $8.10M | $12.05M | $1.58M | $137.48K | $135.96K | $212.50K |
| Account Payables | $580.28K | $900.83K | $627.08K | $207.62K | $109.73K | $52.11K | $34.85K |
| Short Term Debt | $108.42K | $5.85K | $12.83K | $- | $937 | $- | $- |
| Tax Payables | $- | $- | $- | $- | $- | $- | $- |
| Deferred Revenue | $- | $-900.83K | $25.90K | $- | $- | $- | $- |
| Other Current Liabilities | $30.41K | $553.75K | $1.12M | $46.25K | $2.35K | $3.35K | $13.99K |
| Total Current Liabilities | $719.11K | $1.21M | $1.76M | $253.88K | $113.01K | $55.45K | $48.84K |
| Long Term Debt | $- | $254.90K | $1.10M | $- | $- | $- | $- |
| Deferred Revenue Non-Current | $- | $- | $- | $- | $- | $- | $- |
| Deferred Tax Liabilities Non-Current | $- | $- | $- | $- | $- | $- | $- |
| Other Non-Current Liabilities | $- | $-254.90K | $-1.10M | $- | $33.29K | $- | $- |
| Total Non-Current Liabilities | $- | $254.90K | $1.10M | $- | $33.29K | $- | $- |
| Other Liabilities | $- | $1 | $-1.10M | $- | $- | $- | $- |
| Total Liabilities | $719.11K | $1.46M | $1.76M | $253.88K | $146.30K | $55.45K | $48.84K |
| Preferred Stock | $- | $- | $- | $- | $- | $- | $- |
| Common Stock | $22.98M | $19.28M | $19.35M | $1.69M | $273.25K | $273.25K | $275.25K |
| Retained Earnings | $-16.93M | $-14.78M | $-10.52M | $-914.11K | $-282.07K | $-192.74K | $-111.59K |
| Accumulated Other Comprehensive Income Loss | $1.78M | $2.13M | $1.45M | $243.08K | $- | $- | $-13.75K |
| Other Total Stockholders Equity | $- | $- | $- | $- | $- | $- | $13.75K |
| Total Stockholders Equity | $7.83M | $6.64M | $10.29M | $1.33M | $-8.82K | $80.51K | $163.66K |
| Total Equity | $7.83M | $6.64M | $10.29M | $1.33M | $-8.82K | $80.51K | $163.66K |
| Total Liabilities and Stockholders Equity | $8.54M | $8.10M | $12.05M | $1.58M | $137.48K | $135.96K | $212.50K |
| Minority Interest | $- | $- | $- | $- | $- | $- | $- |
| Total Liabilities and Total Equity | $8.54M | $8.10M | $12.05M | $1.58M | $137.48K | $135.96K | $212.50K |
| Total Investments | $99.15K | $281.90K | $21.93K | $2.75K | $- | $- | $- |
| Total Debt | $108.42K | $260.75K | $12.83K | $- | $937 | $- | $- |
| Net Debt | $75.76K | $-158.45K | $-4.42M | $-483.32K | $-1.82K | $-1.37K | $-93.51K |
Cash Flow Statement
| Breakdown | April 30, 2024 | April 30, 2023 | April 30, 2022 | April 30, 2021 | April 30, 2020 | April 30, 2019 | April 30, 2018 |
|---|---|---|---|---|---|---|---|
| Net Income | $-2.16M | $-4.15M | $-9.60M | $-632.04K | $-89.33K | $-81.15K | $-111.59K |
| Depreciation and Amortization | $35.62K | $48.10K | $53.95K | $- | $- | $- | $- |
| Deferred Income Tax | $- | $-356.63K | $5.33K | $- | $- | $- | $- |
| Stock Based Compensation | $52.00K | $273.90K | $1.37M | $225.91K | $- | $- | $- |
| Change in Working Capital | $9.63K | $387.24K | $-998.50K | $20.14K | $81.53K | $-12.38K | $19.88K |
| Accounts Receivables | $-10.75K | $13.47K | $-16.07K | $-6.82K | $-826 | $- | $- |
| Inventory | $- | $37.21K | $16.07K | $6.82K | $826 | $- | $- |
| Accounts Payables | $33.82K | $-37.21K | $456.20K | $25.58K | $83.35K | $-1.73K | $- |
| Other Working Capital | $-13.44K | $373.77K | $-1.45M | $-5.45K | $-1.83K | $-10.65K | $19.88K |
| Other Non Cash Items | $484.47K | $385.99K | $7.22K | $232.73K | $187 | $-633 | $6 |
| Net Cash Provided by Operating Activities | $-1.58M | $-3.42M | $-9.09M | $-385.99K | $-7.61K | $-94.16K | $-91.72K |
| Investments in Property Plant and Equipment | $-1.29M | $-1.97M | $-2.06M | $-471.62K | $-3.00K | $-10.98K | $-68.78K |
| Acquisitions Net | $- | $- | $- | $- | $- | $30.00K | $- |
| Purchases of Investments | $- | $- | $-19.18K | $-2.75K | $- | $- | $- |
| Sales Maturities of Investments | $- | $- | $- | $- | $- | $- | $- |
| Other Investing Activities | $-36.00K | $-53.88K | $-65.38K | $-2.75K | $11.26K | $30 | $- |
| Net Cash Used for Investing Activities | $-1.32M | $-2.03M | $-2.14M | $-474.37K | $8.26K | $19.02K | $-68.78K |
| Debt Repayment | $-164.25K | $250.00K | $- | $-937 | $750 | $- | $- |
| Common Stock Issued | $2.10M | $1.15M | $5.73M | $1.46M | $- | $-7.00K | $254.00K |
| Common Stock Repurchased | $- | $- | $- | $- | $- | $- | $- |
| Dividends Paid | $- | $- | $- | $- | $- | $- | $- |
| Other Financing Activities | $584.14K | $1.18M | $9.45M | $-115.64K | $- | $-17.00K | $254.00K |
| Net Cash Used Provided by Financing Activities | $2.51M | $1.43M | $15.18M | $1.34M | $750 | $-17 | $254.00K |
| Effect of Forex Changes on Cash | $- | $- | $- | $- | $- | $- | $- |
| Net Change in Cash | $-386.54K | $-4.01M | $3.95M | $480.56K | $1.40K | $-92.14K | $93.51K |
| Cash at End of Period | $32.66K | $419.20K | $4.43M | $483.32K | $2.76K | $1.37K | $93.51K |
| Cash at Beginning of Period | $419.20K | $4.43M | $483.32K | $2.76K | $1.37K | $93.51K | $- |
| Operating Cash Flow | $-1.58M | $-3.42M | $-9.09M | $-385.99K | $-7.61K | $-94.16K | $-91.72K |
| Capital Expenditure | $-1.29M | $-1.97M | $-2.06M | $-471.62K | $-3.00K | $-10.98K | $-68.78K |
| Free Cash Flow | $-2.87M | $-5.39M | $-11.15M | $-857.61K | $-10.61K | $-105.14K | $-160.49K |