Trilogy Metals Inc.

CIK: 1543418 SIC: 1040

Profile Charts Filings

Revenue

$-45.68M

Net Income

Gross Margin

Op. Margin

$-7.41M

Free Cash Flow

Financial Statements Annual (10-K)

Showing 13 of 13 annual reports available (2013 - 2025)

Show: 5 10 All (13)

Annual Quarterly

Breakdown	TTM (Feb 28, 2026)	FY 2025 (Nov 30, 2025)	FY 2024 (Nov 30, 2024)	FY 2023 (Nov 30, 2023)	FY 2022 (Nov 30, 2022)	FY 2021 (Nov 30, 2021)	FY 2020 (Nov 30, 2020)	FY 2019 (Nov 30, 2019)	FY 2018 (Nov 30, 2018)	FY 2017 (Nov 30, 2017)	FY 2016 (Nov 30, 2016)	FY 2015 (Nov 30, 2015)	FY 2014 (Nov 30, 2014)	FY 2013 (Nov 30, 2013)
Operating Expenses	$10.81M	$9.42M	$6.70M	$7.23M	$6.92M	$8.62M	$12.16M	$28.41M	$21.92M	$18.93M	$8.92M	$9.56M	$9.65M	$24.43M
Research & Development	-	-	-	-	-	-	$1.06M	-	-	-	-	-	-	-
Net Income	$-45.68M	$-42.24M	$-8.59M	$-14.95M	$-24.26M	$-21.66M	$161.77M	$-27.91M	$-21.85M	$-21.10M	$-4.86M	$-9.53M	$-9.65M	$-24.39M
Basic EPS	-0.27	-0.26	-0.05	-0.10	-0.17	-0.15	1.14	-0.21	-0.18	nan	nan	nan	nan	nan
Diluted EPS	-0.27	-0.26	-0.05	-0.10	-0.17	-0.15	1.12	-0.21	-0.18	nan	nan	nan	nan	nan
Basic Shares Outstanding	171.9M	164.8M	159.8M	152.6M	145.7M	144.4M	141.5M	135.2M	121.8M	-	-	-	-	-
Diluted Shares Outstanding	171.9M	164.8M	159.8M	152.6M	145.7M	144.4M	144.6M	135.2M	121.8M	-	-	-	-	-

Breakdown	FY 2025 (Nov 30, 2025)	FY 2024 (Nov 30, 2024)	FY 2023 (Nov 30, 2023)	FY 2022 (Nov 30, 2022)	FY 2021 (Nov 30, 2021)	FY 2020 (Nov 30, 2020)	FY 2019 (Nov 30, 2019)	FY 2018 (Nov 30, 2018)	FY 2017 (Nov 30, 2017)	FY 2016 (Nov 30, 2016)	FY 2015 (Nov 30, 2015)	FY 2014 (Nov 30, 2014)	FY 2013 (Nov 30, 2013)
Cash & Cash Equivalents	$51.61M	$25.83M	$2.59M	$2.57M	$6.31M	$11.12M	$19.17M	$22.99M	$5.39M	$7.34M	$16.14M	$5.07M	$6.48M
Short-term Investments	-	-	-	-	-	-	-	-	$2.52M	$7.54M	-	-	-
Accounts Receivable	$118.00K	$16.00K	$33.00K	$17.00K	$19.00K	$129.00K	$264.00K	$23.00K	$470.00K	$47.00K	$39.00K	$176.00K	$90.00K
Total Current Assets	$51.92M	$26.05M	$2.88M	$2.91M	$6.61M	$11.44M	$20.16M	$23.63M	$9.21M	$15.65M	$16.89M	$5.83M	$7.17M
Property Plant & Equipment	-	-	$4.00K	$12.00K	$29.00K	$206.00K	$715.00K	$325.00K	$478.00K	$215.00K	$446.00K	$415.00K	$1.15M
Long-term Investments	-	-	-	-	-	-	-	-	-	$297.00K	-	-	-
Total Assets	$157.30M	$133.70M	$138.02M	$146.00M	$167.31M	$185.26M	$51.62M	$54.66M	$40.28M	$46.75M	$51.18M	$36.83M	$38.90M
Accrued Liabilities	$311.00K	$62.00K	-	-	-	-	-	-	-	-	-	-	-
Total Current Liabilities	$33.11M	$793.00K	$465.00K	$534.00K	$1.03M	$1.05M	$2.35M	$1.66M	$4.25M	$593.00K	-	-	$1.74M
Total Liabilities	$33.18M	$903.00K	$465.00K	$567.00K	$1.27M	$1.45M	$33.35M	$22.46M	$14.61M	$593.00K	$751.00K	$979.00K	$1.74M
Common Stock	$225.24M	$190.50M	$187.89M	$182.18M	$180.82M	$179.75M	$177.97M	$164.07M	$136.53M	$136.36M	$136.04M	$111.83M	$104.89M
Retained Earnings	$-132.64M	$-90.40M	$-81.81M	$-66.86M	$-42.60M	$-20.95M	$-182.71M	$-154.81M	$-132.87M	$-111.76M	$-106.90M	-	-
Total Stockholders Equity	$124.12M	$132.79M	$137.56M	$145.43M	$166.04M	$183.81M	$18.26M	$32.20M	$25.66M	$46.15M	$50.43M	$35.85M	$37.16M
Total Liabilities & Equity	$157.30M	$133.70M	$138.02M	$146.00M	$167.31M	$185.26M	$51.62M	$54.66M	$40.28M	$46.75M	$51.18M	$36.83M	$38.90M

Breakdown	TTM (Feb 28, 2026)	FY 2025 (Nov 30, 2025)	FY 2024 (Nov 30, 2024)	FY 2023 (Nov 30, 2023)	FY 2022 (Nov 30, 2022)	FY 2021 (Nov 30, 2021)	FY 2020 (Nov 30, 2020)	FY 2019 (Nov 30, 2019)	FY 2018 (Nov 30, 2018)	FY 2017 (Nov 30, 2017)	FY 2016 (Nov 30, 2016)	FY 2015 (Nov 30, 2015)	FY 2014 (Nov 30, 2014)	FY 2013 (Nov 30, 2013)
Net Income	$-45.68M	$-42.24M	$-8.59M	$-14.95M	$-24.26M	$-21.66M	$161.77M	$-27.91M	$-21.85M	$-21.10M	$-4.86M	$-9.53M	$-9.65M	$-24.39M
Depreciation & Amortization	-	-	$4.00K	$8.00K	$17.00K	$21.00K	$91.00K	$211.00K	$160.00K	$107.00K	$79.00K	$355.00K	$750.00K	$1.03M
Stock-based Compensation	$-4.17M	$-3.34M	$-3.52M	$-3.75M	$-3.43M	$-3.47M	$-3.56M	$-3.85M	$-1.44M	$-705.00K	$615.00K	$831.00K	$887.00K	$4.90M
Change in Receivables	$-11.00K	$-8.00K	$-17.00K	$16.00K	$-2.00K	$-110.00K	$-135.00K	$241.00K	$-447.00K	$423.00K	$8.00K	$-156.00K	$86.00K	$-275.00K
Operating Cash Flow	$-7.41M	$-3.25M	$-1.83M	$-3.09M	$-3.94M	$-5.12M	$-8.25M	$-23.49M	$-22.07M	$-15.41M	$-8.69M	$-8.44M	$-8.64M	$-15.22M
Capital Expenditure	-	-	-	-	-	-	-	$645.00K	$7.00K	$300.00K	$122.00K	$48.00K	$18.00K	$233.00K
Investing Cash Flow	-	$-1.00M	$25.00M	-	$142.00K	$-119.00K	-	$9.55M	$12.72M	$13.54M	$-78.00K	$19.36M	$-18.00K	$-233.00K
Stock Issued	-	$25.00M	-	-	-	-	-	-	$-1.80M	-	-	-	-	-
Financing Cash Flow	$31.54M	$30.01M	$74.00K	$3.12M	$54.00K	$416.00K	$217.00K	$10.12M	$26.95M	$-90.00K	$-29.00K	$142.00K	$7.25M	$-309.00K
Net Change in Cash	-	-	-	-	-	-	$-8.03M	$-3.82M	$17.60M	$-1.96M	$-8.80M	$11.06M	$-1.41M	$-15.76M

SEC Filing Format - Data shown as it appears in the Q1 2026 (10-Q) filing Period ended: Feb 28, 2026

Condensed Consolidated Statements of Operations

Description	Feb 28, 2026
Description	Current	Prior Year
Operating Expenses	$4.62M	$3.23M
Net Income	$-7.06M	$-3.62M
Basic EPS	-0.04	-0.02
Diluted EPS	-0.04	-0.02
Basic Shares Outstanding	$171.94M	$162.83M
Diluted Shares Outstanding	$171.94M	$162.83M

Condensed Consolidated Balance Sheets

Description	Feb 28, 2026	Nov 30, 2025
Cash & Cash Equivalents	$47.78M	$51.61M
Accounts Receivable	$112.00K	$118.00K
Total Current Assets	$48.02M	$51.92M
Total Assets	$154.54M	$157.30M
Accrued Liabilities	$279.00K	$311.00K
Total Current Liabilities	$33.00M	$33.11M
Total Liabilities	$33.06M	$33.18M
Common Stock	$227.82M	$225.24M
Retained Earnings	$-139.70M	$-132.64M
Total Stockholders Equity	$121.48M	$124.12M
Total Liabilities & Equity	$154.54M	$157.30M

Condensed Consolidated Statements of Cash Flows

Description	Feb 28, 2026
Description	Current	Prior Year
Net Income	$-7.06M	$-3.62M
Stock-based Compensation	$-3.10M	$-2.26M
Change in Receivables	$-7.00K	$3.00K
Operating Cash Flow	$-2.74M	$-748.00K
Investing Cash Flow	$-2.50M	-
Stock Issued	$1.19M	-
Financing Cash Flow	$1.33M	$131.00K

All values are in USD (United States Dollars). Data is sourced from SEC EDGAR 10-K filings.

Annual data represents full fiscal year results. FY = Fiscal Year ending.