Magellan Copper and Gold Corp.
Balance Sheet
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Cash & Equivalents | $421 | $485 | $867 | $94 | $2.1K | $4.4K | $107 | $41.8K |
| Accounts Receivable | — | — | — | — | — | — | — | — |
| Inventory | — | — | — | — | — | — | — | — |
| Total Current Assets | $258.4K | $86.0K | $22.3K | $94 | $2.1K | $4.4K | $4.1K | $41.8K |
| Property, Plant & Equipment | $1.2M | $0 | — | — | — | — | — | — |
| Goodwill | — | — | — | — | — | — | — | — |
| Intangible Assets (Excl. Goodwill) | — | — | — | — | — | — | — | — |
| Total Assets | $2.0M | $439.0K | $354.1K | $331.9K | $175.4K | $122.1K | $101.6K | $81.0K |
| Liabilities | ||||||||
| Accounts Payable | $270.4K | $50.9K | $34.4K | $19.7K | $65.6K | $86.2K | $74.0K | $7.4K |
| Total Current Liabilities | $3.1M | $1.4M | $1.2M | $958.4K | $506.2K | $239.5K | $164.5K | $7.4K |
| Long-Term Debt | — | — | — | — | — | — | — | — |
| Total Liabilities | $3.2M | $1.4M | $1.3M | $958.4K | $506.2K | $239.5K | $164.5K | $7.4K |
| Stockholders' Equity | ||||||||
| Retained Earnings | $-4.1M | $-1.9M | $-1.4M | $-1.1M | $-799.5K | $-586.1K | $-145.4K | — |
| Total Stockholders' Equity | $-1.2M | $-1.0M | $-895.9K | $-626.4K | $-330.8K | $-117.4K | $-62.9K | $73.6K |