6-K Filing
Filing Information
| Form Type | 6-K |
| Accession Number | 0001072725-23-000017 |
| Period End Date | 20230331 |
| Filing Date | 20230517 |
| Fiscal Year | 2023 |
| Fiscal Period | Q1 |
| XBRL Instance | gdrzfform6kex991051723_htm.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
41 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Common Stock, Shares, Issued |
CommonStockSharesIssued
|
99.55M | shares | Point-in-time |
| Common Stock, Shares, Issued |
CommonStockSharesIssued
|
99.55M | shares | Point-in-time |
| Cash and cash equivalents (Note 3) |
CashAndCashEquivalentsAtCarryingValue
|
$15.38M | USD | Point-in-time |
| Cash and cash equivalents (Note 3) |
CashAndCashEquivalentsAtCarryingValue
|
$10.67M | USD | Point-in-time |
| Term deposits (Note 4) |
TimeDepositsAtCarryingValue
|
$30.76M | USD | Point-in-time |
| Term deposits (Note 4) |
TimeDepositsAtCarryingValue
|
$27.50M | USD | Point-in-time |
| Marketable equity securities (Note 5) |
MarketableSecurities
|
$133.99K | USD | Point-in-time |
| Marketable equity securities (Note 5) |
MarketableSecurities
|
$98.05K | USD | Point-in-time |
| Income tax receivable (Note 10) |
IncomeTaxReceivable
|
$8.09M | USD | Point-in-time |
| Income tax receivable (Note 10) |
IncomeTaxReceivable
|
$8.09M | USD | Point-in-time |
| Prepaid expense and other |
OtherAssetsCurrent
|
$130.80K | USD | Point-in-time |
| Prepaid expense and other |
OtherAssetsCurrent
|
$458.94K | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$51.53M | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$49.78M | USD | Point-in-time |
| Property, plant and equipment, net (Note 6) |
PropertyPlantAndEquipmentNet
|
$1.40M | USD | Point-in-time |
| Property, plant and equipment, net (Note 6) |
PropertyPlantAndEquipmentNet
|
$1.42M | USD | Point-in-time |
| Total assets |
Assets
|
$51.18M | USD | Point-in-time |
| Total assets |
Assets
|
$52.94M | USD | Point-in-time |
| Accounts payable and accrued expenses (Note 2) |
AccountsPayableAndAccruedLiabilitiesCurrent
|
$647.28K | USD | Point-in-time |
| Accounts payable and accrued expenses (Note 2) |
AccountsPayableAndAccruedLiabilitiesCurrent
|
$512.42K | USD | Point-in-time |
| Severance accrual (Note 9) |
Severanceaccrual
|
$531.98K | USD | Point-in-time |
| Severance accrual (Note 9) |
Severanceaccrual
|
- | USD | Point-in-time |
| Contingent value rights (Note 2) |
AccruedContingentValueRights
|
$172.08K | USD | Point-in-time |
| Contingent value rights (Note 2) |
AccruedContingentValueRights
|
$172.08K | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$684.50K | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$1.35M | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$1.35M | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$684.50K | USD | Point-in-time |
| Preferred Stock, Shares Issued |
PreferredStockSharesIssued
|
0.00 | shares | Point-in-time |
| Common shares |
CommonStockValue
|
$302.68M | USD | Point-in-time |
| Common shares |
CommonStockValue
|
$302.68M | USD | Point-in-time |
| Contributed surplus |
AdditionalPaidInCapitalCommonStock
|
$20.63M | USD | Point-in-time |
| Contributed surplus |
AdditionalPaidInCapitalCommonStock
|
$20.63M | USD | Point-in-time |
| Stock options (Note 9) |
AccumulatedStockOptionExpense
|
$23.56M | USD | Point-in-time |
| Stock options (Note 9) |
AccumulatedStockOptionExpense
|
$23.56M | USD | Point-in-time |
| Accumulated deficit |
RetainedEarningsAccumulatedDeficit
|
$-296.37M | USD | Point-in-time |
| Accumulated deficit |
RetainedEarningsAccumulatedDeficit
|
$-295.27M | USD | Point-in-time |
| Total shareholders' equity |
StockholdersEquity
|
$50.50M | USD | Point-in-time |
| Total shareholders' equity |
StockholdersEquity
|
$51.59M | USD | Point-in-time |
| Total liabilities and shareholders' equity |
LiabilitiesAndStockholdersEquity
|
$52.94M | USD | Point-in-time |
| Total liabilities and shareholders' equity |
LiabilitiesAndStockholdersEquity
|
$51.18M | USD | Point-in-time |
Income Statement
28 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Interest income |
InvestmentIncomeInterest
|
$457.33K | USD | 1 Quarter |
| Interest income |
InvestmentIncomeInterest
|
$12.10K | USD | 1 Quarter |
| Gain on marketable equity securities (Note 5) |
GainLossOnInvestments
|
$20.80K | USD | 1 Quarter |
| Gain on marketable equity securities (Note 5) |
GainLossOnInvestments
|
$35.93K | USD | 1 Quarter |
| Foreign currency gain (loss) |
ForeignCurrencyGainLoss
|
$-5.30K | USD | 1 Quarter |
| Foreign currency gain (loss) |
ForeignCurrencyGainLoss
|
$10.48K | USD | 1 Quarter |
| Total Other Income |
NonoperatingIncomeExpense
|
$487.96K | USD | 1 Quarter |
| Total Other Income |
NonoperatingIncomeExpense
|
$43.38K | USD | 1 Quarter |
| Corporate general and administrative (Notes 2 and 9) |
GeneralAndAdministrativeExpense
|
$902.06K | USD | 1 Quarter |
| Corporate general and administrative (Notes 2 and 9) |
GeneralAndAdministrativeExpense
|
$1.05M | USD | 1 Quarter |
| Siembra Minera Project and related costs (Note 7) |
SiembraMineraProjectCosts
|
- | USD | 1 Quarter |
| Siembra Minera Project and related costs (Note 7) |
SiembraMineraProjectCosts
|
$223.24K | USD | 1 Quarter |
| Exploration costs |
ExplorationExpense
|
$10.43K | USD | 1 Quarter |
| Exploration costs |
ExplorationExpense
|
$8.19K | USD | 1 Quarter |
| Legal and accounting |
LegalAndAccounting
|
$293.97K | USD | 1 Quarter |
| Legal and accounting |
LegalAndAccounting
|
$398.61K | USD | 1 Quarter |
| Settlement Agreement enforcement (Note 2) |
ArbitrationAndSettlement
|
$18.18K | USD | 1 Quarter |
| Settlement Agreement enforcement (Note 2) |
ArbitrationAndSettlement
|
$183.93K | USD | 1 Quarter |
| Equipment holding costs |
EquipmentHoldingCosts
|
$38.50K | USD | 1 Quarter |
| Equipment holding costs |
EquipmentHoldingCosts
|
$40.61K | USD | 1 Quarter |
| Total Expense |
OperatingCostsAndExpenses
|
$1.58M | USD | 1 Quarter |
| Total Expense |
OperatingCostsAndExpenses
|
$1.59M | USD | 1 Quarter |
| Net loss and comprehensive loss for the period |
NetIncomeLoss
|
$-1.09M | USD | 1 Quarter |
| Net loss and comprehensive loss for the period |
NetIncomeLoss
|
$-1.55M | USD | 1 Quarter |
| Net loss per share, basic and diluted |
IncomeLossFromContinuingOperationsPerBasicAndDilutedShare
|
$-0.02 | USD | 1 Quarter |
| Net loss per share, basic and diluted |
IncomeLossFromContinuingOperationsPerBasicAndDilutedShare
|
$-0.01 | USD | 1 Quarter |
| Weighted average common shares outstanding, basic and diluted |
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
99.55M | shares | 1 Quarter |
| Weighted average common shares outstanding, basic and diluted |
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
99.55M | shares | 1 Quarter |
Cash Flow Statement
36 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net loss for the period |
ProfitLoss
|
$-1.09M | USD | 1 Quarter |
| Net loss for the period |
ProfitLoss
|
$-1.55M | USD | 1 Quarter |
| Stock option compensation |
StockOptionPlanExpense
|
- | USD | 1 Quarter |
| Stock option compensation |
StockOptionPlanExpense
|
$3.93K | USD | 1 Quarter |
| Depreciation |
Depreciation
|
$26.72K | USD | 1 Quarter |
| Depreciation |
Depreciation
|
$16.15K | USD | 1 Quarter |
| Gain on marketable equity securities |
MarketableSecuritiesGainLoss
|
$-35.93K | USD | 1 Quarter |
| Gain on marketable equity securities |
MarketableSecuritiesGainLoss
|
$-20.80K | USD | 1 Quarter |
| Amortized interest on term deposits |
AmortizationDiscountTermDeposits
|
- | USD | 1 Quarter |
| Amortized interest on term deposits |
AmortizationDiscountTermDeposits
|
$-384.38K | USD | 1 Quarter |
| Decrease in severance accrual |
IncreaseDecreaseSeveranceAccrual
|
- | USD | 1 Quarter |
| Decrease in severance accrual |
IncreaseDecreaseSeveranceAccrual
|
$-531.98K | USD | 1 Quarter |
| Net decrease in prepaid expense and other |
IncreaseDecreaseInDepositOtherAssets
|
$291.99K | USD | 1 Quarter |
| Net decrease in prepaid expense and other |
IncreaseDecreaseInDepositOtherAssets
|
$328.14K | USD | 1 Quarter |
| Net increase (decrease) in payables and accrued expenses |
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
$148.40K | USD | 1 Quarter |
| Net increase (decrease) in payables and accrued expenses |
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
$-134.86K | USD | 1 Quarter |
| Net cash used in operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$-1.84M | USD | 1 Quarter |
| Net cash used in operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$-1.10M | USD | 1 Quarter |
| Purchase of term deposits |
PurchaseTimeDeposits
|
$-13.08M | USD | 1 Quarter |
| Purchase of term deposits |
PurchaseTimeDeposits
|
- | USD | 1 Quarter |
| Proceeds from maturity of term deposits |
MaturityTermDeposits
|
- | USD | 1 Quarter |
| Proceeds from maturity of term deposits |
MaturityTermDeposits
|
$10.20M | USD | 1 Quarter |
| Net cash used in investing activities |
NetCashProvidedByUsedInInvestingActivities
|
- | USD | 1 Quarter |
| Net cash used in investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-2.88M | USD | 1 Quarter |
| Net cash used in financing activities |
NetCashProvidedByUsedInFinancingActivities
|
- | USD | 1 Quarter |
| Net cash used in financing activities |
NetCashProvidedByUsedInFinancingActivities
|
- | USD | 1 Quarter |
| Net decrease in cash and cash equivalents |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
$-4.71M | USD | 1 Quarter |
| Net decrease in cash and cash equivalents |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
$-1.10M | USD | 1 Quarter |
| Cash and cash equivalents - beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$49.12M | USD | Point-in-time |
| Cash and cash equivalents - beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$10.67M | USD | Point-in-time |
| Cash and cash equivalents - beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$15.38M | USD | Point-in-time |
| Cash and cash equivalents - beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$48.02M | USD | Point-in-time |
| Cash and cash equivalents - end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$49.12M | USD | Point-in-time |
| Cash and cash equivalents - end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$10.67M | USD | Point-in-time |
| Cash and cash equivalents - end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$15.38M | USD | Point-in-time |
| Cash and cash equivalents - end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$48.02M | USD | Point-in-time |
Stockholders Equity
8 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Beginning balance, value |
StockholdersEquity
|
$50.50M | USD | Point-in-time |
| Beginning balance, value |
StockholdersEquity
|
$51.59M | USD | Point-in-time |
| Net loss for the period |
NetIncomeLoss
|
$-1.09M | USD | 1 Quarter |
| Net loss for the period |
NetIncomeLoss
|
$-1.55M | USD | 1 Quarter |
| Stock option compensation (Note 9) |
StockOptionPlanExpense
|
- | USD | 1 Quarter |
| Stock option compensation (Note 9) |
StockOptionPlanExpense
|
$3.93K | USD | 1 Quarter |
| Ending balance, value |
StockholdersEquity
|
$50.50M | USD | Point-in-time |
| Ending balance, value |
StockholdersEquity
|
$51.59M | USD | Point-in-time |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.