Mon, Mar 17, 8:58 PM (39 days ago)
**U.S. Gold Corp. (USAU) Q1 2025 Financial Summary** **Financial Health & Performance:** - **Revenue:** No revenue generated for the quarter. - **Net Loss:** $6.36 million for Q1 2025, up from $1.69 million in Q1 2024. - **Operating Expenses:** $5.09 million for Q1 2025, a $3.82 million increase YoY. - **Key Drivers:** Increased compensation, exploration costs, and consulting fees. - **Cash Flow:** Net cash used in operations was $7.15 million for Q1 2025, up from $5.19 million in Q1 2024. - **Financing Activities:** Raised $10.72 million from common stock and warrant sales. - **Cash Position:** $9.14 million in cash as of Q1 2025, up from $5.57 million in Q1 2024. - **Working Capital:** $9.22 million, an increase of $3.15 million YoY. **Profit Margins & Earnings:** - **Gross Margin:** Not applicable (no revenue). - **Operating Margin:** -100% for Q1 2025. - **Net Margin:** -100% for Q1 2025. - **Earnings per Share (EPS):** -$0.54 for Q1 2025, down from -$0.18 in Q1 2024. **Trends & Uncertainties:** - **Positive Trends:** Successful financing round in Q4 2024, permitting progress for CK Gold Project. - **Uncertainties:** Dependence on equity financings, exploration risks, and regulatory approvals. - **Future Operations:** Plans to advance CK Gold Project, but requires additional funding. **Management Discussion:** - Focus on CK Gold Project and investor relations. - Increased expenses due to exploration activities, consulting, and stock-based compensation. - Substantial doubt about the ability to continue as a going concern beyond the next 12 months without additional funding. **Key Metrics (Q1 2025 vs. Q1 2024):** - **Operating Expenses:** $5.09M vs. $1.28M (up 297%) - **Net Loss:** $6.36M vs. $1.69M (up 270%) - **Cash Used in Operations:** $7.15M vs. $5.19M (up 38%) - **Cash Position:** $9.14M vs. $5.57M (up 64%) **Ticker:** USAU (Nasdaq Capital Market)