Doré Copper Mining (DRCMF) Financial Statements
Price: $0.11
Market Cap: $18.62M
Avg Volume: 17.50K
Market Cap: $18.62M
Avg Volume: 17.50K
Country: CA
Industry: Copper
Sector: Basic Materials
Industry: Copper
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 Doré Copper Mining.
Income Statement
| Breakdown | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2017 |
|---|---|---|---|---|---|---|---|
| Revenue | $- | $- | $- | $- | $- | $- | $- |
| Cost of Revenue | $83.39K | $80.59K | $2.30K | $1.15K | $- | $- | $- |
| Gross Profit | $-83.39K | $-80.59K | $-2.30K | $-1.15K | $- | $- | $- |
| 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 | $748.54K | $3.01M | $2.89M | $1.93M | $3.19M | $34.25K | $316.02K |
| Selling and Marketing Expenses | $5.16M | $- | $- | $- | $- | $- | $3.80M |
| Selling General and Administrative Expenses | $5.90M | $3.01M | $2.89M | $1.93M | $3.19M | $34.25K | $4.11M |
| Other Expenses | $- | $-25.42K | $- | $1.08M | $- | $- | $- |
| Operating Expenses | $5.90M | $20.83M | $14.60M | $10.21M | $4.44M | $34.25K | $2.85M |
| Cost and Expenses | $5.90M | $20.91M | $14.60M | $10.22M | $4.44M | $34.25K | $2.85M |
| Interest Income | $107 | $81.26K | $69.80K | $19.58K | $- | $- | $- |
| Interest Expense | $- | $- | $- | $- | $132.64K | $- | $- |
| Depreciation and Amortization | $83.39K | $80.59K | $2.30K | $1.15K | $2.81M | $3.72M | $4.11M |
| EBITDA | $-5.90M | $-20.83M | $-14.60M | $-9.10M | $- | $- | $1.26M |
| EBITDA Ratio | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Operating Income | $-5.90M | $-20.91M | $-14.60M | $-9.10M | $-4.44M | $-34.25K | $-4.11M |
| Operating Income Ratio | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Total Other Income Expenses Net | $-596.72K | $-717.88K | $-723.62K | $380.20K | $-1.77M | $-3.26M | $1.26M |
| Income Before Tax | $-6.50M | $-20.86M | $-14.53M | $-9.10M | $-4.58M | $-34.25K | $-2.85M |
| Income Before Tax Ratio | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Income Tax Expense | $680.37K | $-2.83M | $-614.06K | $1.08M | $-2.81K | $-161.14K | $1.26M |
| Net Income | $-5.82M | $-18.03M | $-13.91M | $-9.10M | $-4.58M | $-34.25K | $-2.85M |
| Net Income Ratio | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| EPS | $-0.06 | $-0.25 | $-0.23 | $-0.29 | $-0.25 | $-0.04 | $-2.85 |
| EPS Diluted | $-0.06 | $-0.25 | $-0.23 | $-0.29 | $-0.25 | $-0.04 | $-2.85 |
| Weighted Average Shares Outstanding | 93.52M | 72.76M | 60.78M | 31.15M | 18.30M | 833.34K | 1.00M |
| Weighted Average Shares Outstanding Diluted | 93.52M | 72.76M | 60.78M | 31.15M | 18.30M | 833.34K | 1.00M |
| SEC Filing | Source | Source | Source | Source | Source | Source | Source |
Balance Sheet
| Breakdown | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2017 |
|---|---|---|---|---|---|---|---|
| Cash and Cash Equivalents | $3.05M | $397.64K | $13.23M | $4.33M | $8.15M | $265.21K | $1.61M |
| Short Term Investments | $1.09M | $- | $815.09K | $792.03K | $- | $- | $- |
| Cash and Short Term Investments | $3.05M | $397.64K | $14.04M | $5.13M | $8.15M | $265.21K | $1.61M |
| Net Receivables | $- | $- | $- | $- | $- | $- | $- |
| Inventory | $- | $- | $- | $- | $- | $- | $- |
| Other Current Assets | $1.32M | $19.49K | $139.97K | $39.38K | $156.57K | $70.16K | $205.77K |
| Total Current Assets | $4.38M | $5.44M | $18.35M | $5.65M | $8.56M | $323.89K | $1.81M |
| Property Plant Equipment Net | $7.13M | $7.21M | $5.99M | $5.94M | $5.93M | $- | $- |
| Goodwill | $- | $- | $- | $- | $- | $- | $- |
| Intangible Assets | $- | $- | $- | $- | $- | $- | $- |
| Goodwill and Intangible Assets | $- | $- | $- | $- | $- | $- | $- |
| Long Term Investments | $- | $- | $- | $- | $- | $- | $- |
| Tax Assets | $- | $- | $- | $- | $- | $- | $- |
| Other Non-Current Assets | $- | $-0 | $- | $- | $0 | $- | $- |
| Total Non-Current Assets | $7.13M | $7.21M | $5.99M | $5.94M | $5.93M | $- | $- |
| Other Assets | $- | $-0 | $- | $-0 | $0 | $- | $- |
| Total Assets | $11.51M | $12.65M | $24.33M | $11.59M | $14.49M | $323.89K | $1.81M |
| Account Payables | $1.53M | $3.43K | $1.56K | $1.33K | $1.41M | $58.14K | $472.84K |
| Short Term Debt | $250.71K | $- | $- | $- | $- | $730.00K | $- |
| Tax Payables | $- | $- | $- | $- | $- | $- | $- |
| Deferred Revenue | $- | $- | $- | $- | $- | $- | $- |
| Other Current Liabilities | $421.20K | $3.84M | $4.26M | $1.41M | $769.24K | $-730.00K | $- |
| Total Current Liabilities | $2.20M | $3.84M | $4.27M | $1.41M | $2.18M | $58.14K | $472.84K |
| Long Term Debt | $- | $- | $- | $- | $- | $- | $- |
| Deferred Revenue Non-Current | $- | $- | $- | $- | $- | $- | $- |
| Deferred Tax Liabilities Non-Current | $- | $- | $- | $- | $- | $- | $- |
| Other Non-Current Liabilities | $- | $- | $- | $- | $- | $- | $- |
| Total Non-Current Liabilities | $- | $- | $- | $- | $- | $- | $- |
| Other Liabilities | $- | $- | $- | $- | $- | $- | $- |
| Total Liabilities | $2.20M | $3.84M | $4.27M | $1.41M | $2.18M | $58.14K | $472.84K |
| Preferred Stock | $- | $- | $- | $- | $- | $- | $- |
| Common Stock | $62.46M | $56.71M | $50.64M | $27.60M | $21.25M | $300.00K | $3.36M |
| Retained Earnings | $-56.87M | $-51.05M | $-33.02M | $-19.11M | $-10.01M | $-34.25K | $-2.14M |
| Accumulated Other Comprehensive Income Loss | $3.72M | $2.68M | $1.97M | $1.23M | $850.69K | $389.72K | $118.29K |
| Other Total Stockholders Equity | $-0 | $475.37K | $0 | $464.48K | $0 | $-389.72K | $- |
| Total Stockholders Equity | $9.31M | $8.81M | $20.07M | $10.18M | $12.31M | $265.75K | $1.34M |
| Total Equity | $9.31M | $8.81M | $20.07M | $10.18M | $12.31M | $265.75K | $1.34M |
| Total Liabilities and Stockholders Equity | $11.51M | $12.65M | $24.33M | $11.59M | $14.49M | $323.89K | $1.81M |
| Minority Interest | $- | $- | $- | $- | $- | $- | $- |
| Total Liabilities and Total Equity | $11.51M | $12.65M | $24.33M | $11.59M | $14.49M | $323.89K | $1.81M |
| Total Investments | $1.09M | $- | $815.09K | $792.03K | $- | $- | $- |
| Total Debt | $250.71K | $- | $- | $- | $- | $730.00K | $- |
| Net Debt | $-2.80M | $-397.64K | $-13.23M | $-4.33M | $-8.15M | $464.79K | $-1.61M |
Cash Flow Statement
| Breakdown | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2017 |
|---|---|---|---|---|---|---|---|
| Net Income | $-5.82K | $-18.03M | $-13.91M | $-9.10M | $-4.58M | $-34.25K | $-2.85K |
| Depreciation and Amortization | $83.39K | $80.59K | $2.30K | $1.15K | $- | $- | $- |
| Deferred Income Tax | $-680.37K | $-2.83M | $-614.06K | $-1.10M | $- | $- | $- |
| Stock Based Compensation | $551.42K | $711.47K | $738.29K | $377.01K | $493.31K | $271 | $1.10K |
| Change in Working Capital | $2.90M | $1.14M | $-3.55M | $-192.79K | $976.32K | $-543 | $-274 |
| Accounts Receivables | $4.86M | $-322.77K | $-768.13K | $-228.88K | $-189.04K | $136 | $-268 |
| Inventory | $- | $- | $- | $- | $- | $- | $- |
| Accounts Payables | $- | $- | $- | $- | $- | $- | $- |
| Other Working Capital | $-1.96M | $1.46M | $-2.79M | $36.09K | $1.17M | $-543 | $-7 |
| Other Non Cash Items | $-5.82M | $-1.33M | $136.50K | $-612.28K | $1.31M | $-840 | $-630 |
| Net Cash Provided by Operating Activities | $-2.97M | $-17.43M | $-16.59M | $-9.53M | $-1.80M | $-34.79K | $-2.65K |
| Investments in Property Plant and Equipment | $- | $-60.00K | $-50.00K | $-11.50K | $- | $- | $- |
| Acquisitions Net | $- | $-815 | $- | $- | $302.19K | $- | $- |
| Purchases of Investments | $- | $-1.25M | $-23.06K | $-780.00K | $- | $- | $- |
| Sales Maturities of Investments | $- | $815.11K | $- | $- | $- | $- | $- |
| Other Investing Activities | $- | $815 | $- | $-780 | $-114.53K | $- | $- |
| Net Cash Used for Investing Activities | $- | $-490.66K | $-73.06K | $-791.50K | $302.19K | $- | $- |
| Debt Repayment | $250.71K | $- | $- | $- | $1.07M | $- | $- |
| Common Stock Issued | $6.76M | $5.75M | $27.67M | $7.07M | $9.49M | $300.00K | $- |
| Common Stock Repurchased | $- | $- | $- | $- | $- | $- | $- |
| Dividends Paid | $- | $- | $- | $- | $- | $- | $- |
| Other Financing Activities | $-303.15K | $-5.75M | $-2.12M | $-565.57K | $-1.04M | $2.25K | $4.79K |
| Net Cash Used Provided by Financing Activities | $6.71M | $5.09M | $25.56M | $6.50M | $9.52M | $300.00K | $4.79K |
| Effect of Forex Changes on Cash | $- | $- | $- | $- | $- | $- | $- |
| Net Change in Cash | $3.74M | $-12.83M | $8.89M | $-3.82M | $8.03M | $265.21K | $2.14K |
| Cash at End of Period | $4.14M | $397.64K | $13.23M | $4.33M | $8.15M | $265.21K | $2.14K |
| Cash at Beginning of Period | $397.64K | $13.23M | $4.33M | $8.15M | $126.74K | $- | $- |
| Operating Cash Flow | $-2.97M | $-17.43M | $-16.59M | $-9.53M | $-1.80M | $-34.79K | $-2.65K |
| Capital Expenditure | $- | $-60.00K | $-50.00K | $-11.50K | $- | $- | $- |
| Free Cash Flow | $-2.97M | $-17.49M | $-16.64M | $-9.54M | $-1.80M | $-34.79K | $-2.65K |