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6-K Filing

GOLD RESERVE LTD CIK: 1072725 Q1 2012
Filing Information
Form Type 6-K
Accession Number 0001072725-12-000030
Period End Date 20120331
Filing Date 20120530
Fiscal Year 2012
Fiscal Period Q1
XBRL Instance grz-20120331.xml
Filing Contents
Balance Sheet 47 line items
Line Item Tag Value Unit Period
Cash and cash equivalents (Note 4) CashAndCashEquivalentsAtCarryingValue $64.24M USD Point-in-time
Cash and cash equivalents (Note 4) CashAndCashEquivalentsAtCarryingValue $53.76M USD Point-in-time
Cash and cash equivalents (Note 4) CashAndCashEquivalentsAtCarryingValue $58.19M USD Point-in-time
Issued PreferredStockSharesIssued 0.00 shares Point-in-time
Cash and cash equivalents (Note 4) CashAndCashEquivalentsAtCarryingValue $57.68M USD Point-in-time
Issued PreferredStockSharesIssued 0.00 shares Point-in-time
Cash and cash equivalents (Note 4) CashAndCashEquivalentsAtCarryingValue $60.96M USD Point-in-time
Assets held for sale (Note 7) OtherAssetsHeldForSaleCurrent - USD Point-in-time
Assets held for sale (Note 7) OtherAssetsHeldForSaleCurrent $450.00K USD Point-in-time
Marketable securities (Note 5) MarketableSecuritiesCurrent $861.79K USD Point-in-time
Marketable securities (Note 5) MarketableSecuritiesCurrent $892.27K USD Point-in-time
Issued and outstanding: CommonStockSharesOutstanding 59.04M shares Point-in-time
Deposits, advances and other OtherAssetsCurrent $1.88M USD Point-in-time
Issued and outstanding: CommonStockSharesOutstanding 59.75M shares Point-in-time
Deposits, advances and other OtherAssetsCurrent $194.80K USD Point-in-time
Total current assets AssetsCurrent $59.21M USD Point-in-time
Total current assets AssetsCurrent $56.50M USD Point-in-time
Issued and outstanding: IssuedAndOutstanding 500,236.00 shares Point-in-time
Property, plant and equipment, net (Note 7) PropertyPlantAndEquipmentNet $19.12M USD Point-in-time
Issued and outstanding: IssuedAndOutstanding 500,236.00 shares Point-in-time
Property, plant and equipment, net (Note 7) PropertyPlantAndEquipmentNet $19.13M USD Point-in-time
Total assets Assets $78.34M USD Point-in-time
Total assets Assets $75.62M USD Point-in-time
Accounts payable and accrued expenses AccountsPayableAndAccruedLiabilitiesCurrent $2.14M USD Point-in-time
Accounts payable and accrued expenses AccountsPayableAndAccruedLiabilitiesCurrent $2.08M USD Point-in-time
Accrued interest InterestPayableCurrent $1.64M USD Point-in-time
Accrued interest InterestPayableCurrent $234.54K USD Point-in-time
Total current liabilities LiabilitiesCurrent $2.31M USD Point-in-time
Total current liabilities LiabilitiesCurrent $3.78M USD Point-in-time
Convertible notes (Notes 12, 14) ConvertibleDebtNoncurrent $101.83M USD Point-in-time
Convertible notes (Notes 12, 14) ConvertibleDebtNoncurrent $102.11M USD Point-in-time
Total liabilities Liabilities $105.89M USD Point-in-time
Total liabilities Liabilities $104.14M USD Point-in-time
Common shares and equity units CommonStockValue $246.17M USD Point-in-time
Common shares and equity units CommonStockValue $244.02M USD Point-in-time
Contributed Surplus ContributedSurplus $5.17M USD Point-in-time
Contributed Surplus ContributedSurplus $5.17M USD Point-in-time
Stock options (Note 9) StockOptionsNote $18.28M USD Point-in-time
Stock options (Note 9) StockOptionsNote $17.14M USD Point-in-time
Accumulated deficit AccumulatedDeficit $292.18M USD Point-in-time
Accumulated deficit AccumulatedDeficit $299.91M USD Point-in-time
Accumulated other comprehensive income AccumulatedOtherComprehensiveIncomeLossNetOfTax $41.74K USD Point-in-time
Accumulated other comprehensive income AccumulatedOtherComprehensiveIncomeLossNetOfTax $17.54K USD Point-in-time
Total shareholders deficit TotalShareholdersDeficit $30.27M USD Point-in-time
Total shareholders deficit TotalShareholdersDeficit $25.80M USD Point-in-time
Total liabilities and shareholders deficit LiabilitiesAndStockholdersEquity $75.62M USD Point-in-time
Total liabilities and shareholders deficit LiabilitiesAndStockholdersEquity $78.34M USD Point-in-time
Income Statement 15 line items
Line Item Tag Value Unit Period
Net loss for the period NetIncomeLoss $-7.72M USD 1 Quarter
Net loss for the period NetIncomeLoss $-52.97M USD 9 Qtrs
Net loss for the period NetIncomeLoss $-5.17M USD 1 Quarter
Unrealized gain (loss) on marketable securities OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax $1.32M USD 9 Qtrs
Unrealized gain (loss) on marketable securities OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax $-16.83K USD 1 Quarter
Unrealized gain (loss) on marketable securities OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax $-110.62K USD 1 Quarter
Adjustment for realized gains included in net loss OtherComprehensiveIncomeReclassificationAdjustmentForSaleOfSecuritiesIncludedInNetIncomeNetOfTax $-1.02M USD 9 Qtrs
Adjustment for realized gains included in net loss OtherComprehensiveIncomeReclassificationAdjustmentForSaleOfSecuritiesIncludedInNetIncomeNetOfTax $-198.19K USD 1 Quarter
Adjustment for realized gains included in net loss OtherComprehensiveIncomeReclassificationAdjustmentForSaleOfSecuritiesIncludedInNetIncomeNetOfTax $-7.37K USD 1 Quarter
Other comprehensive loss OtherComprehensiveIncomeLossNetOfTaxPeriodIncreaseDecrease $-24.21K USD 1 Quarter
Other comprehensive loss OtherComprehensiveIncomeLossNetOfTaxPeriodIncreaseDecrease $294.76K USD 9 Qtrs
Other comprehensive loss OtherComprehensiveIncomeLossNetOfTaxPeriodIncreaseDecrease $-308.81K USD 1 Quarter
Comprehensive loss for the period ComprehensiveIncomeNetOfTax $-52.68M USD 9 Qtrs
Comprehensive loss for the period ComprehensiveIncomeNetOfTax $-5.47M USD 1 Quarter
Comprehensive loss for the period ComprehensiveIncomeNetOfTax $-7.75M USD 1 Quarter
Cash Flow Statement 85 line items
Line Item Tag Value Unit Period
Net loss for the period ProfitLoss $-52.97M USD 9 Qtrs
Net loss for the period ProfitLoss $-5.17M USD 1 Quarter
Net loss for the period ProfitLoss $-7.72M USD 1 Quarter
Stock option compensation StockOptionPlanExpense $1.14M USD 1 Quarter
Stock option compensation StockOptionPlanExpense $1.45M USD 1 Quarter
Stock option compensation StockOptionPlanExpense $3.96M USD 9 Qtrs
Depreciation Depreciation $6.09K USD 1 Quarter
Depreciation Depreciation $206.97K USD 9 Qtrs
Depreciation Depreciation $23.98K USD 1 Quarter
Gain on extinguishment of debt GainOnExtinguishmentOfDebt $-1.30K USD 9 Qtrs
Gain on extinguishment of debt GainOnExtinguishmentOfDebt - USD 1 Quarter
Gain on extinguishment of debt GainOnExtinguishmentOfDebt - USD 1 Quarter
Gain on sale of equipment GainLossOnSaleOfPropertyPlantEquipment $-361.21K USD 1 Quarter
Gain on sale of equipment GainLossOnSaleOfPropertyPlantEquipment $-1.88M USD 9 Qtrs
Gain on sale of equipment GainLossOnSaleOfPropertyPlantEquipment - USD 1 Quarter
Gain on sale of subsidiaries GainOnSaleOfSubsidiaries - USD 1 Quarter
Gain on sale of subsidiaries GainOnSaleOfSubsidiaries - USD 1 Quarter
Gain on sale of subsidiaries GainOnSaleOfSubsidiaries $-474.58K USD 9 Qtrs
Write-down of machinery and equipment ImpairmentOfLongLivedAssetsToBeDisposedOf - USD 1 Quarter
Write-down of machinery and equipment ImpairmentOfLongLivedAssetsToBeDisposedOf - USD 1 Quarter
Write-down of machinery and equipment ImpairmentOfLongLivedAssetsToBeDisposedOf $4.40M USD 9 Qtrs
Amortization of premium on marketable debt securities AmortizationOfDebtDiscountPremium - USD 1 Quarter
Amortization of premium on marketable debt securities AmortizationOfDebtDiscountPremium $175.02K USD 9 Qtrs
Amortization of premium on marketable debt securities AmortizationOfDebtDiscountPremium - USD 1 Quarter
Accretion of convertible notes AccretionExpense $279.44K USD 1 Quarter
Accretion of convertible notes AccretionExpense $2.37M USD 9 Qtrs
Accretion of convertible notes AccretionExpense $243.20K USD 1 Quarter
Net gain on disposition of marketable securities MarketableSecuritiesGainLoss $-1.02M USD 9 Qtrs
Net gain on disposition of marketable securities MarketableSecuritiesGainLoss $-198.19K USD 1 Quarter
Net gain on disposition of marketable securities MarketableSecuritiesGainLoss $-7.37K USD 1 Quarter
Shares issued for compensation StockGrantedDuringPeriodValueSharebasedCompensation $780.33K USD 1 Quarter
Shares issued for compensation StockGrantedDuringPeriodValueSharebasedCompensation $311.40K USD 1 Quarter
Shares issued for compensation StockGrantedDuringPeriodValueSharebasedCompensation $2.81M USD 9 Qtrs
Net decrease (increase) in deposits and advances IncreaseDecreaseInDeposits $-336.12K USD 1 Quarter
Net decrease (increase) in deposits and advances IncreaseDecreaseInDeposits $42.68K USD 1 Quarter
Net decrease (increase) in deposits and advances IncreaseDecreaseInDeposits $-54.59K USD 9 Qtrs
Net increase (decrease) in accounts payable and accrued expenses IncreaseDecreaseInAccountsPayableAndAccruedLiabilities $1.26M USD 1 Quarter
Net increase (decrease) in accounts payable and accrued expenses IncreaseDecreaseInAccountsPayableAndAccruedLiabilities $-243.19K USD 9 Qtrs
Net increase (decrease) in accounts payable and accrued expenses IncreaseDecreaseInAccountsPayableAndAccruedLiabilities $1.47M USD 1 Quarter
Net cash used in operating activities NetCashProvidedByUsedInOperatingActivities $-2.39M USD 1 Quarter
Net cash used in operating activities NetCashProvidedByUsedInOperatingActivities $-4.39M USD 1 Quarter
Net cash used in operating activities NetCashProvidedByUsedInOperatingActivities $-42.72M USD 9 Qtrs
Proceeds from disposition of marketable securities ProceedsFromSaleAndMaturityOfMarketableSecurities $558.94K USD 1 Quarter
Proceeds from disposition of marketable securities ProceedsFromSaleAndMaturityOfMarketableSecurities $13.64K USD 1 Quarter
Proceeds from disposition of marketable securities ProceedsFromSaleAndMaturityOfMarketableSecurities $12.84M USD 9 Qtrs
Purchase of marketable securities PaymentsToAcquireMarketableSecurities $454.95K USD 1 Quarter
Purchase of marketable securities PaymentsToAcquireMarketableSecurities - USD 1 Quarter
Purchase of marketable securities PaymentsToAcquireMarketableSecurities $1.73M USD 9 Qtrs
Purchase of property, plant and equipment PaymentsToAcquirePropertyPlantAndEquipment $2.51K USD 1 Quarter
Purchase of property, plant and equipment PaymentsToAcquirePropertyPlantAndEquipment $1.71K USD 1 Quarter
Purchase of property, plant and equipment PaymentsToAcquirePropertyPlantAndEquipment $9.55M USD 9 Qtrs
Proceeds from sales of equipment ProceedsFromSaleOfPropertyPlantAndEquipment $450.00K USD 1 Quarter
Proceeds from sales of equipment ProceedsFromSaleOfPropertyPlantAndEquipment $8.34M USD 1 Quarter
Proceeds from sales of equipment ProceedsFromSaleOfPropertyPlantAndEquipment $25.82M USD 9 Qtrs
Decrease in restricted cash IncreaseDecreaseInRestrictedCash - USD 1 Quarter
Decrease in restricted cash IncreaseDecreaseInRestrictedCash $-9.49M USD 9 Qtrs
Decrease in restricted cash IncreaseDecreaseInRestrictedCash - USD 1 Quarter
Deconsolidation of subsidiaries CashDivestedFromDeconsolidation $1.43M USD 9 Qtrs
Deconsolidation of subsidiaries CashDivestedFromDeconsolidation - USD 1 Quarter
Deconsolidation of subsidiaries CashDivestedFromDeconsolidation - USD 1 Quarter
Net cash provided by investing activities NetCashProvidedByUsedInInvestingActivities $461.94K USD 1 Quarter
Net cash provided by investing activities NetCashProvidedByUsedInInvestingActivities $8.44M USD 1 Quarter
Net cash provided by investing activities NetCashProvidedByUsedInInvestingActivities $35.45M USD 9 Qtrs
Net proceeds from the issuance of common shares ProceedsFromIssuanceOfCommonStock $3.62K USD 1 Quarter
Net proceeds from the issuance of common shares ProceedsFromIssuanceOfCommonStock $68.54K USD 9 Qtrs
Net proceeds from the issuance of common shares ProceedsFromIssuanceOfCommonStock $9.10K USD 1 Quarter
Extinguishment of convertible notes EarlyRepaymentOfSeniorDebt $683.00 USD 9 Qtrs
Extinguishment of convertible notes EarlyRepaymentOfSeniorDebt - USD 1 Quarter
Extinguishment of convertible notes EarlyRepaymentOfSeniorDebt - USD 1 Quarter
Net cash provided by financing activities NetCashProvidedByUsedInFinancingActivities $67.86K USD 9 Qtrs
Net cash provided by financing activities NetCashProvidedByUsedInFinancingActivities $9.10K USD 1 Quarter
Net cash provided by financing activities NetCashProvidedByUsedInFinancingActivities $3.62K USD 1 Quarter
Net increase (decrease) in cash and cash equivalents CashAndCashEquivalentsPeriodIncreaseDecrease $-7.20M USD 9 Qtrs
Net increase (decrease) in cash and cash equivalents CashAndCashEquivalentsPeriodIncreaseDecrease $-3.92M USD 1 Quarter
Net increase (decrease) in cash and cash equivalents CashAndCashEquivalentsPeriodIncreaseDecrease $6.05M USD 1 Quarter
Cash and cash equivalents - beginning of period CashAndCashEquivalentsAtCarryingValue $64.24M USD Point-in-time
Cash and cash equivalents - beginning of period CashAndCashEquivalentsAtCarryingValue $53.76M USD Point-in-time
Cash and cash equivalents - beginning of period CashAndCashEquivalentsAtCarryingValue $58.19M USD Point-in-time
Cash and cash equivalents - beginning of period CashAndCashEquivalentsAtCarryingValue $57.68M USD Point-in-time
Cash and cash equivalents - beginning of period CashAndCashEquivalentsAtCarryingValue $60.96M USD Point-in-time
Cash and cash equivalents - end of period CashAndCashEquivalentsAtCarryingValue $64.24M USD Point-in-time
Cash and cash equivalents - end of period CashAndCashEquivalentsAtCarryingValue $53.76M USD Point-in-time
Cash and cash equivalents - end of period CashAndCashEquivalentsAtCarryingValue $58.19M USD Point-in-time
Cash and cash equivalents - end of period CashAndCashEquivalentsAtCarryingValue $57.68M USD Point-in-time
Cash and cash equivalents - end of period CashAndCashEquivalentsAtCarryingValue $60.96M USD Point-in-time
Stockholders Equity 3 line items
Line Item Tag Value Unit Period
Other comprehensive loss OtherComprehensiveIncomeLossNetOfTaxPeriodIncreaseDecrease $-24.21K USD 1 Quarter
Other comprehensive loss OtherComprehensiveIncomeLossNetOfTaxPeriodIncreaseDecrease $294.76K USD 9 Qtrs
Other comprehensive loss OtherComprehensiveIncomeLossNetOfTaxPeriodIncreaseDecrease $-308.81K USD 1 Quarter

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.

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