Rare Element Resources Ltd.
Balance Sheet
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Cash & Equivalents | $19.3M | $26.7M | $3.6M | $15.5M | $22.2M | $2.7M | $5.7M | $2.5M |
| Accounts Receivable | $1.6M | — | — | — | — | — | — | — |
| Inventory | — | — | — | — | — | — | — | — |
| Total Current Assets | $21.2M | $26.9M | $9.8M | $18.0M | $25.1M | $2.8M | $5.7M | $2.6M |
| Property, Plant & Equipment | — | $65.0K | $29.0K | $15.0K | $16.0K | $51.0K | $56.0K | $61.0K |
| Goodwill | — | — | — | — | — | — | — | — |
| Intangible Assets (Excl. Goodwill) | — | — | — | — | — | — | — | — |
| Total Assets | $24.1M | $29.7M | $10.7M | $18.9M | $26.1M | $3.4M | $6.4M | $3.2M |
| Liabilities | ||||||||
| Accounts Payable | $1.3M | $1.1M | $291.0K | $227.0K | $407.0K | $115.0K | $470.0K | $386.0K |
| Total Current Liabilities | $1.5M | $2.1M | $1.9M | $351.0K | $1.2M | $115.0K | $470.0K | $386.0K |
| Long-Term Debt | — | — | — | — | $1.0M | — | — | — |
| Total Liabilities | $1.8M | $2.5M | $2.3M | $1.9M | $2.7M | $1.2M | $1.5M | $2.2M |
| Stockholders' Equity | ||||||||
| Retained Earnings | $-181.0M | $-176.1M | $-157.6M | $-148.6M | $-139.2M | $-133.8M | $-130.6M | $-129.2M |
| Total Stockholders' Equity | $22.3M | $27.2M | $8.4M | $16.9M | $23.4M | $2.2M | $4.9M | $1.1M |