6-K Filing

GOLD RESERVE LTD CIK: 1072725

Filing Information

Form Type	6-K
Accession Number	`0001072725-20-000008`
Period End Date	20200331
Filing Date	20200513
Fiscal Year	N/A
Fiscal Period	N/A
XBRL Instance	gdrzf-20200331.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 44 Income Statement 32 Cash Flow Statement 32 Stockholders Equity 6

Balance Sheet 44 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents (Note 4)	`CashAndCashEquivalentsAtCarryingValue`	$146.46M	USD	Point-in-time
Cash and cash equivalents (Note 4)	`CashAndCashEquivalentsAtCarryingValue`	$61.82M	USD	Point-in-time
Cash and cash equivalents (Note 4)	`CashAndCashEquivalentsAtCarryingValue`	$63.72M	USD	Point-in-time
Cash and cash equivalents (Note 4)	`CashAndCashEquivalentsAtCarryingValue`	$147.65M	USD	Point-in-time
Marketable securities (Note 5)	`MarketableSecurities`	$133.22K	USD	Point-in-time
Marketable securities (Note 5)	`MarketableSecurities`	$177.94K	USD	Point-in-time
Income tax receivable (Note 10)	`IncomeTaxesReceivable`	$10.80M	USD	Point-in-time
Income tax receivable (Note 10)	`IncomeTaxesReceivable`	$7.59M	USD	Point-in-time
Deposits, advances and other	`OtherAssetsCurrent`	$747.87K	USD	Point-in-time
Deposits, advances and other	`OtherAssetsCurrent`	$336.89K	USD	Point-in-time
Total current assets	`AssetsCurrent`	$73.55M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$71.78M	USD	Point-in-time
Property, plant and equipment, net (Note 6)	`PropertyPlantAndEquipmentNet`	$6.47M	USD	Point-in-time
Property, plant and equipment, net (Note 6)	`PropertyPlantAndEquipmentNet`	$6.44M	USD	Point-in-time
Deferred tax asset	`DeferredTaxAssetsNetCurrent`	-	USD	Point-in-time
Deferred tax asset	`DeferredTaxAssetsNetCurrent`	$597.36K	USD	Point-in-time
Right of use asset	`RightOfUseAsset`	$230.81K	USD	Point-in-time
Right of use asset	`RightOfUseAsset`	$251.98K	USD	Point-in-time
Total assets	`Assets`	$79.05M	USD	Point-in-time
Total assets	`Assets`	$80.27M	USD	Point-in-time
Accounts payable and accrued expenses (Note 3)	`AccountsPayableAndAccruedLiabilitiesCurrent`	$728.79K	USD	Point-in-time
Accounts payable and accrued expenses (Note 3)	`AccountsPayableAndAccruedLiabilitiesCurrent`	$976.03K	USD	Point-in-time
Lease liability	`LeaseLiabilityCurrent`	$87.31K	USD	Point-in-time
Lease liability	`LeaseLiabilityCurrent`	$85.52K	USD	Point-in-time
Contingent value rights (Note 3)	`ContingentValueRightsPayable`	$33.34K	USD	Point-in-time
Contingent value rights (Note 3)	`ContingentValueRightsPayable`	-	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$814.31K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.10M	USD	Point-in-time
Lease liability	`LeaseLiabilityNonCurrent`	$169.91K	USD	Point-in-time
Lease liability	`LeaseLiabilityNonCurrent`	$147.33K	USD	Point-in-time
Total liabilities	`Liabilities`	$1.24M	USD	Point-in-time
Total liabilities	`Liabilities`	$984.22K	USD	Point-in-time
Common shares (Note 11)	`CommonStockValue`	$302.47M	USD	Point-in-time
Common shares (Note 11)	`CommonStockValue`	$302.47M	USD	Point-in-time
Contributed surplus	`ContributedSurplus`	$20.63M	USD	Point-in-time
Contributed surplus	`ContributedSurplus`	$20.63M	USD	Point-in-time
Stock options (Note 9)	`StockOptions`	$20.75M	USD	Point-in-time
Stock options (Note 9)	`StockOptions`	$20.75M	USD	Point-in-time
Accumulated deficit	`AccumulatedDeficit`	$264.56M	USD	Point-in-time
Accumulated deficit	`AccumulatedDeficit`	$266.05M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$77.80M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$79.28M	USD	Point-in-time
Total liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$79.05M	USD	Point-in-time
Total liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$80.27M	USD	Point-in-time

Income Statement 32 line items

Line Item	Tag	Value	Unit	Period
Interest income	`OtherInterestAndDividendIncome`	$-202.32K	USD	1 Quarter
Interest income	`OtherInterestAndDividendIncome`	$-530.64K	USD	1 Quarter
Loss on marketable equity securities	`LossOnMarketableEquitySecurities`	$-14.13K	USD	1 Quarter
Loss on marketable equity securities	`LossOnMarketableEquitySecurities`	$-44.73K	USD	1 Quarter
Foreign currency gain (loss)	`ForeignCurrencyTransactionGainLossBeforeTax`	$-290.27K	USD	1 Quarter
Foreign currency gain (loss)	`ForeignCurrencyTransactionGainLossBeforeTax`	$40.62K	USD	1 Quarter
Total INCOME (LOSS)	`OtherIncome`	$-806.78K	USD	1 Quarter
Total INCOME (LOSS)	`OtherIncome`	$-116.97K	USD	1 Quarter
Corporate general and administrative (Note 3)	`GeneralAndAdministrativeExpense`	$-1.16M	USD	1 Quarter
Corporate general and administrative (Note 3)	`GeneralAndAdministrativeExpense`	$-1.21M	USD	1 Quarter
Contingent value rights (Note 3)	`ContingentValueRights`	-	USD	1 Quarter
Contingent value rights (Note 3)	`ContingentValueRights`	$-32.65K	USD	1 Quarter
Siembra Minera Project costs (Note 7)	`SiembraMinera`	$-1.84M	USD	1 Quarter
Siembra Minera Project costs (Note 7)	`SiembraMinera`	$-377.04K	USD	1 Quarter
Legal and accounting	`LegalAndAccounting`	$-187.13K	USD	1 Quarter
Legal and accounting	`LegalAndAccounting`	$-380.36K	USD	1 Quarter
Arbitration and settlement (Note 3)	`ArbitralAwardSettlement`	$-84.10K	USD	1 Quarter
Arbitration and settlement (Note 3)	`ArbitralAwardSettlement`	$-277.49K	USD	1 Quarter
Equipment holding costs	`EquipmentHoldingCosts`	$-107.96K	USD	1 Quarter
Equipment holding costs	`EquipmentHoldingCosts`	$-108.57K	USD	1 Quarter
Total EXPENSES	`TotalExpenses`	$-3.57M	USD	1 Quarter
Total EXPENSES	`TotalExpenses`	$-2.20M	USD	1 Quarter
Net loss before income tax	`NetLossBeforeIncomeTax`	$-2.08M	USD	1 Quarter
Net loss before income tax	`NetLossBeforeIncomeTax`	$-2.76M	USD	1 Quarter
Income tax benefit (Note 10)	`IncomeTaxExpenseBenefit`	$597.36K	USD	1 Quarter
Income tax benefit (Note 10)	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
Net loss and comprehensive loss for the period	`NetIncomeLoss`	$-2.76M	USD	1 Quarter
Net loss and comprehensive loss for the period	`NetIncomeLoss`	$-1.48M	USD	1 Quarter
Net loss per share, basic and diluted	`EarningsPerShareBasicAndDiluted`	$-0.03	USD	1 Quarter
Net loss per share, basic and diluted	`EarningsPerShareBasicAndDiluted`	$-0.01	USD	1 Quarter
Weighted average common shares outstanding, basic and diluted	`WeightedAverageCommonSharesOutstandingBasicAndDiluted`	99.40M	shares	1 Quarter
Weighted average common shares outstanding, basic and diluted	`WeightedAverageCommonSharesOutstandingBasicAndDiluted`	99.40M	shares	1 Quarter

Cash Flow Statement 32 line items

Line Item	Tag	Value	Unit	Period
Net loss for the period	`ProfitLoss`	$2.76M	USD	1 Quarter
Net loss for the period	`ProfitLoss`	$1.48M	USD	1 Quarter
Stock option compensation	`StockOptionPlanExpense`	$31.04K	USD	1 Quarter
Stock option compensation	`StockOptionPlanExpense`	-	USD	1 Quarter
Depreciation	`Depreciation`	$12.29K	USD	1 Quarter
Depreciation	`Depreciation`	$33.03K	USD	1 Quarter
Loss on marketable equity securities	`MarketableSecuritiesGainLoss`	$-14.13K	USD	1 Quarter
Loss on marketable equity securities	`MarketableSecuritiesGainLoss`	$-44.73K	USD	1 Quarter
Deferred tax	`DeferredIncomeTaxExpenseBenefit`	-	USD	1 Quarter
Deferred tax	`DeferredIncomeTaxExpenseBenefit`	$-597.36K	USD	1 Quarter
Decrease in income tax receivable	`IncreaseDecreaseInIncomeTaxesReceivable`	-	USD	1 Quarter
Decrease in income tax receivable	`IncreaseDecreaseInIncomeTaxesReceivable`	$-3.20M	USD	1 Quarter
Net decrease in deposits, advances and other	`IncreaseDecreaseInDeposits`	$1.15M	USD	1 Quarter
Net decrease in deposits, advances and other	`IncreaseDecreaseInDeposits`	$410.99K	USD	1 Quarter
Net increase in payables and accrued expenses	`IncreaseDecreaseInAccountsPayable`	$369.14K	USD	1 Quarter
Net increase in payables and accrued expenses	`IncreaseDecreaseInAccountsPayable`	$280.97K	USD	1 Quarter
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInInvestingActivities`	$1.90M	USD	1 Quarter
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInInvestingActivities`	$-1.18M	USD	1 Quarter
Purchase of property, plant and equipment	`PaymentsToAcquireOtherPropertyPlantAndEquipment`	-	USD	1 Quarter
Purchase of property, plant and equipment	`PaymentsToAcquireOtherPropertyPlantAndEquipment`	$1.25K	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInOperatingActivities`	-	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInOperatingActivities`	$-1.25K	USD	1 Quarter
Net increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$1.90M	USD	1 Quarter
Net increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-1.18M	USD	1 Quarter
Cash and cash equivalents - beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$146.46M	USD	Point-in-time
Cash and cash equivalents - beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$61.82M	USD	Point-in-time
Cash and cash equivalents - beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$63.72M	USD	Point-in-time
Cash and cash equivalents - beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$147.65M	USD	Point-in-time
Cash and cash equivalents - end of period	`CashAndCashEquivalentsAtCarryingValue`	$146.46M	USD	Point-in-time
Cash and cash equivalents - end of period	`CashAndCashEquivalentsAtCarryingValue`	$61.82M	USD	Point-in-time
Cash and cash equivalents - end of period	`CashAndCashEquivalentsAtCarryingValue`	$63.72M	USD	Point-in-time
Cash and cash equivalents - end of period	`CashAndCashEquivalentsAtCarryingValue`	$147.65M	USD	Point-in-time

Stockholders Equity 6 line items

Line Item	Tag	Value	Unit	Period
Balance	`StockholdersEquity`	$77.80M	USD	Point-in-time
Balance	`StockholdersEquity`	$79.28M	USD	Point-in-time
Net loss for the period	`NetIncomeLoss`	$-2.76M	USD	1 Quarter
Net loss for the period	`NetIncomeLoss`	$-1.48M	USD	1 Quarter
Balance	`StockholdersEquity`	$77.80M	USD	Point-in-time
Balance	`StockholdersEquity`	$79.28M	USD	Point-in-time

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