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6-K Filing

GOLD RESERVE LTD CIK: 1072725 Q3 2014
Filing Information
Form Type 6-K
Accession Number 0001072725-14-000123
Period End Date 20140930
Filing Date 20141120
Fiscal Year 2014
Fiscal Period Q3
XBRL Instance gdrzf-20140930.xml
Filing Contents
Balance Sheet 48 line items
Line Item Tag Value Unit Period
Cash and cash equivalents (Note 4) CashAndCashEquivalentsAtCarryingValue $10.25M USD Point-in-time
Cash and cash equivalents (Note 4) CashAndCashEquivalentsAtCarryingValue $3.63M USD Point-in-time
Cash and cash equivalents (Note 4) CashAndCashEquivalentsAtCarryingValue $2.98M USD Point-in-time
Cash and cash equivalents (Note 4) CashAndCashEquivalentsAtCarryingValue $6.84M USD Point-in-time
Cash and cash equivalents (Note 4) CashAndCashEquivalentsAtCarryingValue $8.35M USD Point-in-time
Cash and cash equivalents (Note 4) CashAndCashEquivalentsAtCarryingValue $8.46M USD Point-in-time
Marketable securities (Notes 5 and 6) MarketableSecuritiesCurrent $318.44K USD Point-in-time
Marketable securities (Notes 5 and 6) MarketableSecuritiesCurrent $271.20K USD Point-in-time
Deposits, advances and other OtherAssetsCurrent $212.90K USD Point-in-time
Deposits, advances and other OtherAssetsCurrent $159.19K USD Point-in-time
Total current assets AssetsCurrent $8.95M USD Point-in-time
Total current assets AssetsCurrent $3.45M USD Point-in-time
Issued and outstanding CommonStockSharesOutstanding 75.52M shares Point-in-time
Issued and outstanding CommonStockSharesOutstanding 76.08M shares Point-in-time
Property, plant and equipment, net (Note 7) PropertyPlantAndEquipmentNet $19.02M USD Point-in-time
Property, plant and equipment, net (Note 7) PropertyPlantAndEquipmentNet $19.30M USD Point-in-time
Issued and outstanding IssuedAndOutstanding 500,236.00 shares Point-in-time
Issued and outstanding IssuedAndOutstanding 961.00 shares Point-in-time
Total assets Assets $22.76M USD Point-in-time
Total assets Assets $27.97M USD Point-in-time
Accounts payable and accrued expenses (Note 3) AccountsPayableAndAccruedLiabilitiesCurrent $4.07M USD Point-in-time
Accounts payable and accrued expenses (Note 3) AccountsPayableAndAccruedLiabilitiesCurrent $615.27K USD Point-in-time
Accrued interest InterestPayableCurrent $64.26K USD Point-in-time
Accrued interest InterestPayableCurrent $16.71K USD Point-in-time
Total current liabilities LiabilitiesCurrent $679.53K USD Point-in-time
Total current liabilities LiabilitiesCurrent $4.09M USD Point-in-time
Convertible notes and interest notes (Note 11) ConvertibleDebtNoncurrent $24.00M USD Point-in-time
Convertible notes and interest notes (Note 11) ConvertibleDebtNoncurrent $33.36M USD Point-in-time
Other (Note 11) OtherLiabilitiesNoncurrent $1.01M USD Point-in-time
Other (Note 11) OtherLiabilitiesNoncurrent $1.01M USD Point-in-time
Total liabilities Liabilities $38.46M USD Point-in-time
Total liabilities Liabilities $25.69M USD Point-in-time
Common shares and equity units CommonStockValue $289.33M USD Point-in-time
Common shares and equity units CommonStockValue $289.15M USD Point-in-time
Contributed Surplus ContributedSurplus $11.68M USD Point-in-time
Contributed Surplus ContributedSurplus $5.17M USD Point-in-time
Warrants WarrantsNotSettleableInCashFairValueDisclosure $543.91K USD Point-in-time
Warrants WarrantsNotSettleableInCashFairValueDisclosure $543.91K USD Point-in-time
Stock options (Note 9) StockOptions $19.85M USD Point-in-time
Stock options (Note 9) StockOptions $19.91M USD Point-in-time
Accumulated deficit AccumulatedDeficit $331.91M USD Point-in-time
Accumulated deficit AccumulatedDeficit $317.65M USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-2.57K USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-49.81K USD Point-in-time
Total shareholders' deficit StockholdersEquity $-2.93M USD Point-in-time
Total shareholders' deficit StockholdersEquity $-10.49M USD Point-in-time
Total liabilities and shareholders' equity LiabilitiesAndStockholdersEquity $22.76M USD Point-in-time
Total liabilities and shareholders' equity LiabilitiesAndStockholdersEquity $27.97M USD Point-in-time
Income Statement 24 line items
Line Item Tag Value Unit Period
Net loss for the period ProfitLoss $-11.16M USD 3 Qtrs
Net loss for the period ProfitLoss $-3.84M USD 1 Quarter
Net loss for the period ProfitLoss $-14.26M USD 3 Qtrs
Net loss for the period ProfitLoss $-7.10M USD 1 Quarter
Unrealized loss on marketable securities (Note 5) OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax $-47.24K USD 3 Qtrs
Unrealized loss on marketable securities (Note 5) OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax $-102.21K USD 1 Quarter
Unrealized loss on marketable securities (Note 5) OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax $-100.83K USD 1 Quarter
Unrealized loss on marketable securities (Note 5) OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax $-344.75K USD 3 Qtrs
Realized loss included in net loss RealizedLossIncludedInNetLoss - USD 1 Quarter
Realized loss included in net loss RealizedLossIncludedInNetLoss $-4.04K USD 1 Quarter
Realized loss included in net loss RealizedLossIncludedInNetLoss - USD 3 Qtrs
Realized loss included in net loss RealizedLossIncludedInNetLoss $-4.04K USD 3 Qtrs
Impairment of marketable securities OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossBeforeTaxIncludingPortionAttributableToNoncontrollingInterest - USD 3 Qtrs
Impairment of marketable securities OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossBeforeTaxIncludingPortionAttributableToNoncontrollingInterest - USD 1 Quarter
Impairment of marketable securities OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossBeforeTaxIncludingPortionAttributableToNoncontrollingInterest $-75.58K USD 1 Quarter
Impairment of marketable securities OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossBeforeTaxIncludingPortionAttributableToNoncontrollingInterest $-75.58K USD 3 Qtrs
Other comprehensive loss OtherComprehensiveIncomeLoss $-102.21K USD 1 Quarter
Other comprehensive loss OtherComprehensiveIncomeLoss $-47.24K USD 3 Qtrs
Other comprehensive loss OtherComprehensiveIncomeLoss $-21.21K USD 1 Quarter
Other comprehensive loss OtherComprehensiveIncomeLoss $-265.13K USD 3 Qtrs
Comprehensive loss for the period ComprehensiveLossForThePeriod $-7.21M USD 1 Quarter
Comprehensive loss for the period ComprehensiveLossForThePeriod $-11.43M USD 3 Qtrs
Comprehensive loss for the period ComprehensiveLossForThePeriod $-3.86M USD 1 Quarter
Comprehensive loss for the period ComprehensiveLossForThePeriod $-14.31M USD 3 Qtrs
Cash Flow Statement 97 line items
Line Item Tag Value Unit Period
Net loss for the period ProfitLoss $-11.16M USD 3 Qtrs
Net loss for the period ProfitLoss $-3.84M USD 1 Quarter
Net loss for the period ProfitLoss $-14.26M USD 3 Qtrs
Net loss for the period ProfitLoss $-7.10M USD 1 Quarter
Stock option compensation StockOptionPlanExpense $139.67K USD 3 Qtrs
Stock option compensation StockOptionPlanExpense $540.15K USD 3 Qtrs
Stock option compensation StockOptionPlanExpense $139.67K USD 1 Quarter
Stock option compensation StockOptionPlanExpense $80.67K USD 1 Quarter
Depreciation Depreciation $2.62K USD 1 Quarter
Depreciation Depreciation $8.05K USD 3 Qtrs
Depreciation Depreciation $12.70K USD 3 Qtrs
Depreciation Depreciation $3.31K USD 1 Quarter
Loss (gain) on debt settlement ExtinguishmentOfDebtGainLossNetOfTax $-340.00 USD 1 Quarter
Loss (gain) on debt settlement ExtinguishmentOfDebtGainLossNetOfTax - USD 1 Quarter
Loss (gain) on debt settlement ExtinguishmentOfDebtGainLossNetOfTax $161.29K USD 3 Qtrs
Loss (gain) on debt settlement ExtinguishmentOfDebtGainLossNetOfTax $-340.00 USD 3 Qtrs
Write-off of mineral property WriteoffOfMineralProperty - USD 1 Quarter
Write-off of mineral property WriteoffOfMineralProperty - USD 1 Quarter
Write-off of mineral property WriteoffOfMineralProperty - USD 3 Qtrs
Write-off of mineral property WriteoffOfMineralProperty $425.01K USD 3 Qtrs
Accretion of convertible notes AccretionExpense $4.40M USD 3 Qtrs
Accretion of convertible notes AccretionExpense $1.05M USD 1 Quarter
Accretion of convertible notes AccretionExpense $1.95M USD 1 Quarter
Accretion of convertible notes AccretionExpense $2.91M USD 3 Qtrs
Net loss on sale of marketable securities MarketableSecuritiesGainLoss - USD 3 Qtrs
Net loss on sale of marketable securities MarketableSecuritiesGainLoss - USD 1 Quarter
Net loss on sale of marketable securities MarketableSecuritiesGainLoss $4.04K USD 1 Quarter
Net loss on sale of marketable securities MarketableSecuritiesGainLoss $4.04K USD 3 Qtrs
Impairment of marketable securities ImpairmentOfMarketableSecurities - USD 1 Quarter
Impairment of marketable securities ImpairmentOfMarketableSecurities - USD 3 Qtrs
Impairment of marketable securities ImpairmentOfMarketableSecurities $178.25K USD Annual
Impairment of marketable securities ImpairmentOfMarketableSecurities $75.58K USD 3 Qtrs
Impairment of marketable securities ImpairmentOfMarketableSecurities $75.58K USD 1 Quarter
Shares issued for compensation StockGrantedDuringPeriodValueSharebasedCompensation $5.83K USD 3 Qtrs
Shares issued for compensation StockGrantedDuringPeriodValueSharebasedCompensation - USD 1 Quarter
Shares issued for compensation StockGrantedDuringPeriodValueSharebasedCompensation - USD 3 Qtrs
Shares issued for compensation StockGrantedDuringPeriodValueSharebasedCompensation - USD 1 Quarter
Net (increase) decrease in deposits and advances IncreaseDecreaseInDeposits $-97.05K USD 3 Qtrs
Net (increase) decrease in deposits and advances IncreaseDecreaseInDeposits $63.50K USD 1 Quarter
Net (increase) decrease in deposits and advances IncreaseDecreaseInDeposits $-2.45K USD 1 Quarter
Net (increase) decrease in deposits and advances IncreaseDecreaseInDeposits $-53.71K USD 3 Qtrs
Net increase (decrease) in accounts payable and accrued expenses IncreaseDecreaseInAccountsPayableAndAccruedLiabilities $3.41M USD 3 Qtrs
Net increase (decrease) in accounts payable and accrued expenses IncreaseDecreaseInAccountsPayableAndAccruedLiabilities $3.20M USD 1 Quarter
Net increase (decrease) in accounts payable and accrued expenses IncreaseDecreaseInAccountsPayableAndAccruedLiabilities $739.52K USD 1 Quarter
Net increase (decrease) in accounts payable and accrued expenses IncreaseDecreaseInAccountsPayableAndAccruedLiabilities $659.75K USD 3 Qtrs
Net cash used in operating activities NetCashProvidedByUsedInOperatingActivities $-1.82M USD 1 Quarter
Net cash used in operating activities NetCashProvidedByUsedInOperatingActivities $-7.06M USD 3 Qtrs
Net cash used in operating activities NetCashProvidedByUsedInOperatingActivities $-1.82M USD 1 Quarter
Net cash used in operating activities NetCashProvidedByUsedInOperatingActivities $-5.77M USD 3 Qtrs
Proceeds from disposition of marketable securities ProceedsFromPaymentsForTradingSecurities - USD 3 Qtrs
Proceeds from disposition of marketable securities ProceedsFromPaymentsForTradingSecurities - USD 1 Quarter
Proceeds from disposition of marketable securities ProceedsFromPaymentsForTradingSecurities $8.46K USD 3 Qtrs
Proceeds from disposition of marketable securities ProceedsFromPaymentsForTradingSecurities $8.46K USD 1 Quarter
Purchase of property, plant and equipment PaymentsToAcquirePropertyPlantAndEquipment $128.28K USD 3 Qtrs
Purchase of property, plant and equipment PaymentsToAcquirePropertyPlantAndEquipment - USD 1 Quarter
Purchase of property, plant and equipment PaymentsToAcquirePropertyPlantAndEquipment $150.00K USD 3 Qtrs
Purchase of property, plant and equipment PaymentsToAcquirePropertyPlantAndEquipment $1.26K USD 1 Quarter
Net cash provided by (used in) investing activities NetCashProvidedByUsedInInvestingActivities $-150.00K USD 3 Qtrs
Net cash provided by (used in) investing activities NetCashProvidedByUsedInInvestingActivities $7.20K USD 1 Quarter
Net cash provided by (used in) investing activities NetCashProvidedByUsedInInvestingActivities - USD 1 Quarter
Net cash provided by (used in) investing activities NetCashProvidedByUsedInInvestingActivities $-119.82K USD 3 Qtrs
Proceeds from the issuance of convertible notes ProceedsFromConvertibleDebt - USD 1 Quarter
Proceeds from the issuance of convertible notes ProceedsFromConvertibleDebt - USD 3 Qtrs
Proceeds from the issuance of convertible notes ProceedsFromConvertibleDebt - USD 1 Quarter
Proceeds from the issuance of convertible notes ProceedsFromConvertibleDebt $12.00M USD 3 Qtrs
Net proceeds from the issuance of common shares ProceedsFromIssuanceOfCommonStock $31.85K USD 1 Quarter
Net proceeds from the issuance of common shares ProceedsFromIssuanceOfCommonStock $5.67M USD 3 Qtrs
Net proceeds from the issuance of common shares ProceedsFromIssuanceOfCommonStock $5.03M USD 1 Quarter
Net proceeds from the issuance of common shares ProceedsFromIssuanceOfCommonStock $100.10K USD 3 Qtrs
Restructure fees RestructureFees $684.49K USD 3 Qtrs
Restructure fees RestructureFees - USD 1 Quarter
Restructure fees RestructureFees - USD 3 Qtrs
Restructure fees RestructureFees - USD 1 Quarter
Settlement of convertible notes EarlyRepaymentOfSeniorDebt - USD 3 Qtrs
Settlement of convertible notes EarlyRepaymentOfSeniorDebt $4.00K USD 3 Qtrs
Settlement of convertible notes EarlyRepaymentOfSeniorDebt - USD 1 Quarter
Settlement of convertible notes EarlyRepaymentOfSeniorDebt - USD 1 Quarter
Net cash provided by financing activities NetCashProvidedByUsedInFinancingActivities $5.67M USD 3 Qtrs
Net cash provided by financing activities NetCashProvidedByUsedInFinancingActivities $11.41M USD 3 Qtrs
Net cash provided by financing activities NetCashProvidedByUsedInFinancingActivities $31.85K USD 1 Quarter
Net cash provided by financing activities NetCashProvidedByUsedInFinancingActivities $5.03M USD 1 Quarter
Net increase (decrease) in cash and cash equivalents CashAndCashEquivalentsPeriodIncreaseDecrease $-1.51M USD 3 Qtrs
Net increase (decrease) in cash and cash equivalents CashAndCashEquivalentsPeriodIncreaseDecrease $5.49M USD 3 Qtrs
Net increase (decrease) in cash and cash equivalents CashAndCashEquivalentsPeriodIncreaseDecrease $3.21M USD 1 Quarter
Net increase (decrease) in cash and cash equivalents CashAndCashEquivalentsPeriodIncreaseDecrease $-1.79M USD 1 Quarter
Cash and cash equivalents - beginning of period CashAndCashEquivalentsAtCarryingValue $10.25M USD Point-in-time
Cash and cash equivalents - beginning of period CashAndCashEquivalentsAtCarryingValue $3.63M USD Point-in-time
Cash and cash equivalents - beginning of period CashAndCashEquivalentsAtCarryingValue $2.98M USD Point-in-time
Cash and cash equivalents - beginning of period CashAndCashEquivalentsAtCarryingValue $6.84M USD Point-in-time
Cash and cash equivalents - beginning of period CashAndCashEquivalentsAtCarryingValue $8.35M USD Point-in-time
Cash and cash equivalents - beginning of period CashAndCashEquivalentsAtCarryingValue $8.46M USD Point-in-time
Cash and cash equivalents - end of period CashAndCashEquivalentsAtCarryingValue $10.25M USD Point-in-time
Cash and cash equivalents - end of period CashAndCashEquivalentsAtCarryingValue $3.63M USD Point-in-time
Cash and cash equivalents - end of period CashAndCashEquivalentsAtCarryingValue $2.98M USD Point-in-time
Cash and cash equivalents - end of period CashAndCashEquivalentsAtCarryingValue $6.84M USD Point-in-time
Cash and cash equivalents - end of period CashAndCashEquivalentsAtCarryingValue $8.35M USD Point-in-time
Cash and cash equivalents - end of period CashAndCashEquivalentsAtCarryingValue $8.46M USD Point-in-time
Stockholders Equity 12 line items
Line Item Tag Value Unit Period
Average share price of stock issued for exercised options AverageSharePriceOfStockIssuedForExercisedOptions $1.82 USD 3 Qtrs
Average share price of stock issued for exercised options AverageSharePriceOfStockIssuedForExercisedOptions $0.43 USD Annual
Average share price of stock issued for private placement AverageSharePriceOfStockIssuedForPrivatePlacement $2.56 USD Annual
Average share price of stock issued for debt settlement AverageSharePriceOfStockIssuedForDebtSettlement $2.90 USD Annual
Balance StockholdersEquity $-2.93M USD Point-in-time
Balance StockholdersEquity $-10.49M USD Point-in-time
Net loss NetIncomeLoss $-3.97K USD 1 Quarter
Net loss NetIncomeLoss $-72.19K USD 3 Qtrs
Net loss NetIncomeLoss $-172.16K USD 3 Qtrs
Net loss NetIncomeLoss $-78.30K USD 1 Quarter
Balance StockholdersEquity $-2.93M USD Point-in-time
Balance StockholdersEquity $-10.49M USD Point-in-time

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

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