◆ Market Data --:--
Commodities
Loading...
📈 Yields & Rates
Loading...
💱 FX Rates
Loading...
📈 Market Pulse
Loading...
🏛 Congress Trades
Loading...
👤 Insider Trades
Loading...
Customize Items

10-Q Filing

Trilogy Metals Inc. CIK: 1543418 Q3 2021
Filing Information
Form Type 10-Q
Accession Number 0001558370-21-012990
Period End Date 20210831
Filing Date 20211005
Fiscal Year 2021
Fiscal Period Q3
XBRL Instance tmq-20210831x10q_htm.xml
Filing Contents
Balance Sheet 53 line items
Line Item Tag Value Unit Period
Common Stock, No Par Value CommonStockNoParValue - USD Point-in-time
Common Stock, No Par Value CommonStockNoParValue - USD Point-in-time
Common Stock, Shares, Issued CommonStockSharesIssued 144.45M shares Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $6.83M USD Point-in-time
Common Stock, Shares, Issued CommonStockSharesIssued 144.14M shares Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $11.12M USD Point-in-time
Accounts receivable (note 3) AccountsReceivableNetCurrent $129.00K USD Point-in-time
Accounts receivable (note 3) AccountsReceivableNetCurrent $16.00K USD Point-in-time
Common Stock, Shares, Outstanding CommonStockSharesOutstanding 144.45M shares Point-in-time
Common Stock, Shares, Outstanding CommonStockSharesOutstanding 144.14M shares Point-in-time
Deposits and prepaid amounts PrepaidExpenseCurrent $184.00K USD Point-in-time
Deposits and prepaid amounts PrepaidExpenseCurrent $481.00K USD Point-in-time
Total Current Assets AssetsCurrent $7.33M USD Point-in-time
Total Current Assets AssetsCurrent $11.44M USD Point-in-time
Investment in Ambler Metals LLC (note 4) EquityMethodInvestments $164.25M USD Point-in-time
Investment in Ambler Metals LLC (note 4) EquityMethodInvestments $173.15M USD Point-in-time
Fixed assets PropertyPlantAndEquipmentNet $34.00K USD Point-in-time
Fixed assets PropertyPlantAndEquipmentNet $206.00K USD Point-in-time
Mineral properties MineralPropertiesNet $119.00K USD Point-in-time
Right of use asset (note 6 (a)) OperatingLeaseRightOfUseAsset $521.00K USD Point-in-time
Right of use asset (note 6 (a)) OperatingLeaseRightOfUseAsset $476.00K USD Point-in-time
Total Assets Assets $185.26M USD Point-in-time
Total Assets Assets $172.25M USD Point-in-time
Accounts payable and accrued liabilities (note 5) AccountsPayableAndAccruedLiabilitiesCurrent $385.00K USD Point-in-time
Accounts payable and accrued liabilities (note 5) AccountsPayableAndAccruedLiabilitiesCurrent $888.00K USD Point-in-time
Current portion of lease liability OperatingLeaseLiabilityCurrent $158.00K USD Point-in-time
Current portion of lease liability OperatingLeaseLiabilityCurrent $176.00K USD Point-in-time
Current liabilities LiabilitiesCurrent $1.05M USD Point-in-time
Current liabilities LiabilitiesCurrent $561.00K USD Point-in-time
Long-term portion of lease liability (note 6 (b)) OperatingLeaseLiabilityNoncurrent $286.00K USD Point-in-time
Long-term portion of lease liability (note 6 (b)) OperatingLeaseLiabilityNoncurrent $408.00K USD Point-in-time
Total Liabilities Liabilities $847.00K USD Point-in-time
Total Liabilities Liabilities $1.45M USD Point-in-time
Share capital (note 7) - unlimited common shares authorized, no par value Issued - 144,451,485 (2020 - 144,137,850) CommonStockValue $179.75M USD Point-in-time
Share capital (note 7) - unlimited common shares authorized, no par value Issued - 144,451,485 (2020 - 144,137,850) CommonStockValue $180.39M USD Point-in-time
Contributed surplus ContributedSurplus $122.00K USD Point-in-time
Contributed surplus ContributedSurplus $122.00K USD Point-in-time
Contributed surplus - options (note 7(a)) AdditionalPaidInCapital $25.75M USD Point-in-time
Contributed surplus - options (note 7(a)) AdditionalPaidInCapital $23.30M USD Point-in-time
Contributed surplus - units (note 7(b)) ContributedSurplusUnits $1.68M USD Point-in-time
Contributed surplus - units (note 7(b)) ContributedSurplusUnits $1.58M USD Point-in-time
Deficit RetainedEarningsAccumulatedDeficit $-20.95M USD Point-in-time
Deficit RetainedEarningsAccumulatedDeficit $-36.54M USD Point-in-time
Total Shareholders' Equity StockholdersEquity $181.44M USD Point-in-time
Total Shareholders' Equity StockholdersEquity $178.66M USD Point-in-time
Total Shareholders' Equity StockholdersEquity $190.64M USD Point-in-time
Total Shareholders' Equity StockholdersEquity $188.41M USD Point-in-time
Total Shareholders' Equity StockholdersEquity $186.29M USD Point-in-time
Total Shareholders' Equity StockholdersEquity $171.41M USD Point-in-time
Total Shareholders' Equity StockholdersEquity $183.81M USD Point-in-time
Total Shareholders' Equity StockholdersEquity $18.26M USD Point-in-time
Total Liabilities and Shareholders' Equity LiabilitiesAndStockholdersEquity $172.25M USD Point-in-time
Total Liabilities and Shareholders' Equity LiabilitiesAndStockholdersEquity $185.26M USD Point-in-time
Income Statement 69 line items
Line Item Tag Value Unit Period
Amortization DepreciationAndAmortization $5.00K USD 1 Quarter
Amortization DepreciationAndAmortization $16.00K USD 3 Qtrs
Amortization DepreciationAndAmortization $75.00K USD 3 Qtrs
Amortization DepreciationAndAmortization $17.00K USD 1 Quarter
Exploration expense ExplorationExpense $130.00K USD 3 Qtrs
Exploration expense ExplorationExpense $130.00K USD 1 Quarter
Feasibility study (note 4(a)) ResearchAndDevelopmentExpense $974.00K USD 3 Qtrs
Feasibility study (note 4(a)) ResearchAndDevelopmentExpense $232.00K USD 1 Quarter
Foreign exchange loss (gain) ForeignCurrencyTransactionGainLossBeforeTax $-44.00K USD 3 Qtrs
Foreign exchange loss (gain) ForeignCurrencyTransactionGainLossBeforeTax $-37.00K USD 1 Quarter
Foreign exchange loss (gain) ForeignCurrencyTransactionGainLossBeforeTax $-44.00K USD 3 Qtrs
Foreign exchange loss (gain) ForeignCurrencyTransactionGainLossBeforeTax $31.00K USD 1 Quarter
General and administrative GeneralAndAdministrativeExpense $265.00K USD 1 Quarter
General and administrative GeneralAndAdministrativeExpense $1.35M USD 3 Qtrs
General and administrative GeneralAndAdministrativeExpense $425.00K USD 1 Quarter
General and administrative GeneralAndAdministrativeExpense $1.19M USD 3 Qtrs
Investor relations BusinessDevelopment $156.00K USD 1 Quarter
Investor relations BusinessDevelopment $170.00K USD 1 Quarter
Investor relations BusinessDevelopment $383.00K USD 3 Qtrs
Investor relations BusinessDevelopment $440.00K USD 3 Qtrs
Mineral properties expense MineralPropertyExpense $1.54M USD 3 Qtrs
Professional fees ProfessionalFees $123.00K USD 1 Quarter
Professional fees ProfessionalFees $165.00K USD 1 Quarter
Professional fees ProfessionalFees $1.03M USD 3 Qtrs
Professional fees ProfessionalFees $627.00K USD 3 Qtrs
Salaries SalariesAndWages $1.21M USD 3 Qtrs
Salaries SalariesAndWages $170.00K USD 1 Quarter
Salaries SalariesAndWages $620.00K USD 3 Qtrs
Salaries SalariesAndWages $365.00K USD 1 Quarter
Salaries - stock-based compensation AllocatedShareBasedCompensationExpense $3.08M USD 3 Qtrs
Salaries - stock-based compensation AllocatedShareBasedCompensationExpense $3.03M USD 3 Qtrs
Salaries - stock-based compensation AllocatedShareBasedCompensationExpense $409.00K USD 1 Quarter
Salaries - stock-based compensation AllocatedShareBasedCompensationExpense $1.06M USD 1 Quarter
Total expenses OperatingExpenses $1.60M USD 1 Quarter
Total expenses OperatingExpenses $2.11M USD 1 Quarter
Total expenses OperatingExpenses $9.05M USD 3 Qtrs
Total expenses OperatingExpenses $6.74M USD 3 Qtrs
Share of loss on equity investment (note 4(b)) IncomeLossFromEquityMethodInvestments $-8.89M USD 3 Qtrs
Share of loss on equity investment (note 4(b)) IncomeLossFromEquityMethodInvestments $-1.83M USD 3 Qtrs
Share of loss on equity investment (note 4(b)) IncomeLossFromEquityMethodInvestments $-1.09M USD 1 Quarter
Share of loss on equity investment (note 4(b)) IncomeLossFromEquityMethodInvestments $-6.07M USD 1 Quarter
Interest and other income InterestAndOtherIncome $8.00K USD 1 Quarter
Interest and other income InterestAndOtherIncome $82.00K USD 3 Qtrs
Interest and other income InterestAndOtherIncome $4.00K USD 1 Quarter
Interest and other income InterestAndOtherIncome $13.00K USD 3 Qtrs
Services agreement income (note 4(e)) ServiceAgreementIncome $25.00K USD 3 Qtrs
Services agreement income (note 4(e)) ServiceAgreementIncome $22.00K USD 3 Qtrs
Services agreement income (note 4(e)) ServiceAgreementIncome $8.00K USD 1 Quarter
Gain on derecognition of assets contributed to joint venture (note 4(a)) GainOnDerecognitionOfAssetsContributedToJointVenture $175.77M USD 3 Qtrs
Comprehensive (loss) earnings for the period OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent $-7.66M USD 1 Quarter
Comprehensive (loss) earnings for the period OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent $164.99M USD 3 Qtrs
Comprehensive (loss) earnings for the period OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent $-3.18M USD 1 Quarter
Comprehensive (loss) earnings for the period OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent $-15.59M USD 3 Qtrs
Basic (loss) earnings per common share EarningsPerShareBasic $-0.02 USD 1 Quarter
Basic (loss) earnings per common share EarningsPerShareBasic $1.17 USD 3 Qtrs
Basic (loss) earnings per common share EarningsPerShareBasic $-0.11 USD 3 Qtrs
Basic (loss) earnings per common share EarningsPerShareBasic $-0.05 USD 1 Quarter
Diluted (loss) earnings per common share EarningsPerShareDiluted $-0.11 USD 3 Qtrs
Diluted (loss) earnings per common share EarningsPerShareDiluted $1.12 USD 3 Qtrs
Diluted (loss) earnings per common share EarningsPerShareDiluted $-0.05 USD 1 Quarter
Diluted (loss) earnings per common share EarningsPerShareDiluted $-0.02 USD 1 Quarter
Basic weighted average number of common shares outstanding WeightedAverageNumberOfSharesOutstandingBasic 144.45M shares 1 Quarter
Basic weighted average number of common shares outstanding WeightedAverageNumberOfSharesOutstandingBasic 140.81M shares 3 Qtrs
Basic weighted average number of common shares outstanding WeightedAverageNumberOfSharesOutstandingBasic 144.35M shares 3 Qtrs
Basic weighted average number of common shares outstanding WeightedAverageNumberOfSharesOutstandingBasic 141.02M shares 1 Quarter
Diluted weighted average number of common shares outstanding WeightedAverageNumberOfDilutedSharesOutstanding 146.66M shares 3 Qtrs
Diluted weighted average number of common shares outstanding WeightedAverageNumberOfDilutedSharesOutstanding 144.35M shares 3 Qtrs
Diluted weighted average number of common shares outstanding WeightedAverageNumberOfDilutedSharesOutstanding 144.45M shares 1 Quarter
Diluted weighted average number of common shares outstanding WeightedAverageNumberOfDilutedSharesOutstanding 141.02M shares 1 Quarter
Cash Flow Statement 48 line items
Line Item Tag Value Unit Period
(Loss) earnings for the period NetIncomeLoss $-3.00M USD 1 Quarter
(Loss) earnings for the period NetIncomeLoss $-3.41M USD 1 Quarter
(Loss) earnings for the period NetIncomeLoss $164.99M USD 3 Qtrs
(Loss) earnings for the period NetIncomeLoss $-7.66M USD 1 Quarter
(Loss) earnings for the period NetIncomeLoss $-15.59M USD 3 Qtrs
(Loss) earnings for the period NetIncomeLoss $-4.52M USD 1 Quarter
(Loss) earnings for the period NetIncomeLoss $171.18M USD 1 Quarter
(Loss) earnings for the period NetIncomeLoss $-3.18M USD 1 Quarter
Amortization AdjustmentForAmortization $16.00K USD 3 Qtrs
Amortization AdjustmentForAmortization $75.00K USD 3 Qtrs
Office lease accounting IncreaseDecreaseInOfficeLeasePayments $18.00K USD 3 Qtrs
Office lease accounting IncreaseDecreaseInOfficeLeasePayments $10.00K USD 3 Qtrs
Loss on working capital written-off upon joint venture formation LossOnWorkingCapitalWrittenOffUponJointVentureFormation $18.00K USD 3 Qtrs
Gain on derecognition of assets (note 4(a)) GainOnDerecognitionOfAssetsContributedToJointVenture $175.77M USD 3 Qtrs
Loss on equity investment in Ambler Metals LLC (note 4(b)) IncomeLossFromEquityMethodInvestments $-8.89M USD 3 Qtrs
Loss on equity investment in Ambler Metals LLC (note 4(b)) IncomeLossFromEquityMethodInvestments $-1.83M USD 3 Qtrs
Loss on equity investment in Ambler Metals LLC (note 4(b)) IncomeLossFromEquityMethodInvestments $-1.09M USD 1 Quarter
Loss on equity investment in Ambler Metals LLC (note 4(b)) IncomeLossFromEquityMethodInvestments $-6.07M USD 1 Quarter
Unrealized foreign exchange loss ForeignCurrencyTransactionGainLossUnrealized $-12.00K USD 3 Qtrs
Unrealized foreign exchange loss ForeignCurrencyTransactionGainLossUnrealized $-18.00K USD 3 Qtrs
Stock-based compensation AllocatedShareBasedCompensationExpense $3.08M USD 3 Qtrs
Stock-based compensation AllocatedShareBasedCompensationExpense $3.03M USD 3 Qtrs
Stock-based compensation AllocatedShareBasedCompensationExpense $409.00K USD 1 Quarter
Stock-based compensation AllocatedShareBasedCompensationExpense $1.06M USD 1 Quarter
Decrease in accounts receivable IncreaseDecreaseInAccountsReceivable $-143.00K USD 3 Qtrs
Decrease in accounts receivable IncreaseDecreaseInAccountsReceivable $-113.00K USD 3 Qtrs
Decrease (increase) in deposits and prepaid amounts IncreaseDecreaseInPrepaidExpense $-340.00K USD 3 Qtrs
Decrease (increase) in deposits and prepaid amounts IncreaseDecreaseInPrepaidExpense $297.00K USD 3 Qtrs
Decrease in accounts payable and accrued liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities $-1.07M USD 3 Qtrs
Decrease in accounts payable and accrued liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities $-503.00K USD 3 Qtrs
Net Cash Used in Operating Activities NetCashProvidedByUsedInOperatingActivities $-6.41M USD 3 Qtrs
Net Cash Used in Operating Activities NetCashProvidedByUsedInOperatingActivities $-4.28M USD 3 Qtrs
Proceeds from exercise of options ProceedsFromStockOptionsExercised $109.00K USD 3 Qtrs
Net Cash Provided by Financing Activities NetCashProvidedByUsedInFinancingActivities $109.00K USD 3 Qtrs
Mineral claims PaymentsToAcquireMineralRights $119.00K USD 3 Qtrs
Cash flows from investing activities NetCashProvidedByUsedInInvestingActivities $-119.00K USD 3 Qtrs
Decrease in cash from operating activities CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect $-6.41M USD 3 Qtrs
Decrease in cash from operating activities CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect $-4.29M USD 3 Qtrs
Effect of exchange rate on cash and cash equivalents EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $17.00K USD 3 Qtrs
Effect of exchange rate on cash and cash equivalents EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $-1.00K USD 3 Qtrs
Cash and cash equivalents - beginning of year CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $19.17M USD Point-in-time
Cash and cash equivalents - beginning of year CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $11.12M USD Point-in-time
Cash and cash equivalents - beginning of year CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $6.83M USD Point-in-time
Cash and cash equivalents - beginning of year CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $12.78M USD Point-in-time
Cash and cash equivalents - end of the period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $19.17M USD Point-in-time
Cash and cash equivalents - end of the period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $11.12M USD Point-in-time
Cash and cash equivalents - end of the period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $6.83M USD Point-in-time
Cash and cash equivalents - end of the period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $12.78M USD Point-in-time
Stockholders Equity 32 line items
Line Item Tag Value Unit Period
Beginning Balance StockholdersEquity $181.44M USD Point-in-time
Beginning Balance StockholdersEquity $178.66M USD Point-in-time
Beginning Balance StockholdersEquity $190.64M USD Point-in-time
Beginning Balance StockholdersEquity $188.41M USD Point-in-time
Beginning Balance StockholdersEquity $186.29M USD Point-in-time
Beginning Balance StockholdersEquity $171.41M USD Point-in-time
Beginning Balance StockholdersEquity $183.81M USD Point-in-time
Beginning Balance StockholdersEquity $18.26M USD Point-in-time
Exercise of options StockIssuedDuringPeriodValueStockOptionsExercised $3.00K USD 1 Quarter
Exercise of options StockIssuedDuringPeriodValueStockOptionsExercised $106.00K USD 1 Quarter
Stock-based compensation ShareBasedCompensation $-1.20M USD 1 Quarter
Stock-based compensation ShareBasedCompensation $-524.00K USD 1 Quarter
Stock-based compensation ShareBasedCompensation $-409.00K USD 1 Quarter
Stock-based compensation ShareBasedCompensation $-1.06M USD 1 Quarter
Stock-based compensation ShareBasedCompensation $-770.00K USD 1 Quarter
Stock-based compensation ShareBasedCompensation $-2.15M USD 1 Quarter
Earnings (Loss) for the period NetIncomeLoss $-3.00M USD 1 Quarter
Earnings (Loss) for the period NetIncomeLoss $-3.41M USD 1 Quarter
Earnings (Loss) for the period NetIncomeLoss $164.99M USD 3 Qtrs
Earnings (Loss) for the period NetIncomeLoss $-7.66M USD 1 Quarter
Earnings (Loss) for the period NetIncomeLoss $-15.59M USD 3 Qtrs
Earnings (Loss) for the period NetIncomeLoss $-4.52M USD 1 Quarter
Earnings (Loss) for the period NetIncomeLoss $171.18M USD 1 Quarter
Earnings (Loss) for the period NetIncomeLoss $-3.18M USD 1 Quarter
Ending Balance StockholdersEquity $181.44M USD Point-in-time
Ending Balance StockholdersEquity $178.66M USD Point-in-time
Ending Balance StockholdersEquity $190.64M USD Point-in-time
Ending Balance StockholdersEquity $188.41M USD Point-in-time
Ending Balance StockholdersEquity $186.29M USD Point-in-time
Ending Balance StockholdersEquity $171.41M USD Point-in-time
Ending Balance StockholdersEquity $183.81M USD Point-in-time
Ending Balance StockholdersEquity $18.26M USD Point-in-time

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

NEWS
Loading article...
NEWS
Loading news...
TRENDING
Loading...