Magellan Copper and Gold Corp.
Balance Sheet
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Cash & Equivalents | $547 | $896 | $99 | $743 | $18.8K | $0 | — | — |
| Accounts Receivable | — | — | — | — | — | — | — | — |
| Inventory | — | — | — | — | — | — | — | — |
| Total Current Assets | $10.5K | $896 | $99 | $6.7K | $28.9K | $2.2K | $61.2K | $120.2K |
| Property, Plant & Equipment | — | — | — | — | — | — | $973.9K | $1.1M |
| Goodwill | — | — | — | — | — | — | — | — |
| Intangible Assets (Excl. Goodwill) | — | — | — | — | — | — | — | — |
| Total Assets | $10.5K | $100.9K | $100.1K | $201.0K | $1.2M | $1.1M | $1.5M | $1.5M |
| Liabilities | ||||||||
| Accounts Payable | $206.2K | $205.8K | $236.3K | $195.4K | $207.4K | $196.0K | $410.6K | $540.6K |
| Total Current Liabilities | $2.1M | $2.0M | $1.8M | $1.7M | $1.5M | $1.5M | $2.6M | $3.9M |
| Long-Term Debt | — | — | — | — | — | — | — | — |
| Total Liabilities | $2.1M | $2.0M | $1.8M | $1.7M | $1.5M | $1.5M | $2.7M | $4.0M |
| Stockholders' Equity | ||||||||
| Retained Earnings | $-22.2M | $-21.8M | $-21.0M | $-19.5M | $-18.0M | $-15.8M | $-11.9M | $-6.7M |
| Total Stockholders' Equity | $-2.1M | $-1.9M | $-1.7M | $-1.5M | $-266.2K | $-363.1K | $-1.2M | $-2.5M |