Quarterly ResultJun 11, 2026, 02:21 PM
Liberty Star Uranium & Metals Corp. Q1 2026 Net Loss $114,995
AI Summary
Liberty Star Uranium & Metals Corp. filed its quarterly report (10-Q) for the period ending April 30, 2026. The company reported a net loss of $114,995, an improvement from the $336,132 net loss in the prior year's quarter. However, cash reserves significantly decreased, and total assets and liabilities also saw a reduction. Key expenses like geological and geophysical costs rose, while interest expenses saw a substantial increase. The company continues to face going concern uncertainties due to its history of losses and need for additional financing.
Key Highlights
- Liberty Star reports a net loss of $114,995 for the three months ended April 30, 2026, compared to a net loss of $336,132 for the same period in 2025.
- Total assets decreased to $120,835 as of April 30, 2026, from $312,869 as of January 31, 2026.
- Total liabilities decreased to $652,512 as of April 30, 2026, from $762,724 as of January 31, 2026.
- Cash and cash equivalents decreased to $65,191 as of April 30, 2026, from $276,959 as of January 31, 2026.
- Geological and geophysical costs increased to $71,328 for the three months ended April 30, 2026, from $20,911 for the same period in 2025.
- Interest expense significantly increased to $335,778 for the three months ended April 30, 2026, from $49,162 for the same period in 2025.
- Gain on change in fair value of derivative liability was $429,456 for the three months ended April 30, 2026, compared to $46,495 for the same period in 2025.
Price Impact
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