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Alaska Silver Financials

WAMFF
Source SEC Filings (10-K/10-Q) Data as of Mar 31, 2026 Currency USD FYE December

This page shows Alaska Silver (WAMFF) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 2 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI WAMFF FY2025

External financing, not internal operations, is the dominant business mechanic, with a cash build created by fresh capital.

Between FY2024 and FY2025, cash rose from $850K to $9.1M even though operating cash flow stayed negative, because $13.0M of financing inflow more than covered operating burn and investment spending. The less obvious part is that liquidity only improved modestly in practice, since current liabilities expanded from $930K to $8.1M at the same time.

The gap between net loss and cash burn widened: FY2025 reported a loss of $8.9M but used $4.6M in operations, versus $7.3M and $5.8M in FY2024. That suggests accounting losses became less representative of immediate cash use, even though the business is still consuming cash.

The balance sheet became more liability-funded: total assets nearly doubled to $16.7M, while liabilities climbed to $10.5M and equity reached $6.2M. In other words, the larger asset base was built mainly through outside funding and added obligations rather than through retained earnings.

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Financial Health Signals

Financial health score pending refresh

We are recalculating Alaska Silver's peer-relative financial health score against the latest fiscal year. It will appear here once the refresh completes. The signals and metrics below are current.

Piotroski F-Score Partial
3/5

Alaska Silver passes 3 of 5 computable financial strength tests (4 of the nine could not be computed from available data). 2 of 4 profitability signals pass, all 1 leverage/liquidity signals pass.

Earnings Quality Low Quality
0.52x

For every $1 of reported earnings, Alaska Silver generates $0.52 in operating cash flow (-$4.6M OCF vs -$8.9M net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.

Key Financial Metrics

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Earnings & Revenue

Revenue
N/A
EBITDA
N/A
Net Income
-$8.9M
YoY-21.7%

Alaska Silver reported -$8.9M in net income in fiscal year 2025. This represents a decrease of 21.7% from the prior year.

EPS (Diluted)
$-0.13
YoY-8.3%

Alaska Silver earned $-0.13 per diluted share (EPS) in fiscal year 2025. This represents a decrease of 8.3% from the prior year.

Cash & Balance Sheet

Free Cash Flow
N/A
Cash & Debt
$9.1M
YoY+965.7%

Alaska Silver held $9.1M in cash against $0 in long-term debt as of fiscal year 2025.

Dividends Per Share
N/A
Shares Outstanding
N/A

Margins & Returns

Gross Margin
N/A
Operating Margin
N/A
Net Margin
N/A
Return on Equity
-143.3%
YoY-4.6pp

Alaska Silver's ROE was -143.3% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is down 4.6 percentage points from the prior year.

Capital Allocation

R&D Spending
N/A
Share Buybacks
N/A
Capital Expenditures
N/A

WAMFF Income Statement

Metric Q1'26 Q4'25 Q3'25 Q2'25 Q1'25 Q4'24 Q3'24 Q2'24
Revenue N/A N/A N/A N/A N/A N/A N/A N/A
Cost of Revenue N/A N/A N/A N/A N/A N/A N/A N/A
Gross Profit N/A N/A N/A N/A N/A N/A N/A N/A
R&D Expenses N/A N/A N/A N/A N/A N/A N/A N/A
SG&A Expenses N/A N/A N/A N/A N/A N/A N/A N/A
Operating Income N/A N/A N/A N/A N/A N/A N/A N/A
Interest Expense $65K N/A $83K N/A $32K N/A $28K N/A
Income Tax N/A N/A N/A N/A N/A N/A N/A N/A
Net Income $1.2M N/A -$2.6M-94.2% -$1.3M-55.6% -$856K N/A -$2.9M-52.6% -$1.9M
EPS (Diluted) $0.01 N/A $-0.04 N/A $-0.01 N/A $-0.04 N/A

WAMFF Balance Sheet

Metric Q1'26 Q4'25 Q3'25 Q2'25 Q1'25 Q4'24 Q3'24 Q2'24
Total Assets $14.1M-15.6% $16.7M+93.3% $8.7M N/A N/A $8.6M N/A N/A
Current Assets $6.8M-26.9% $9.3M+613.1% $1.3M N/A N/A $988K N/A N/A
Cash & Equivalents $6.4M-28.9% $9.1M+1490.3% $569K N/A N/A $850K N/A N/A
Inventory N/A N/A N/A N/A N/A N/A N/A N/A
Accounts Receivable N/A N/A N/A N/A N/A N/A N/A N/A
Goodwill N/A N/A N/A N/A N/A N/A N/A N/A
Total Liabilities $6.3M-40.1% $10.5M+66.0% $6.3M N/A N/A $3.4M N/A N/A
Current Liabilities $4.7M-41.7% $8.1M+99.4% $4.1M N/A N/A $930K N/A N/A
Long-Term Debt N/A N/A N/A N/A N/A N/A N/A N/A
Total Equity $7.8M+26.2% $6.2M+168.4% $2.3M-39.4% $3.8M-26.9% $5.2M-0.8% $5.2M-16.4% $6.3M-29.6% $8.9M
Retained Earnings -$48.1M+2.5% -$49.4M-9.0% -$45.3M N/A N/A -$40.5M N/A N/A

WAMFF Cash Flow Statement

Metric Q1'26 Q4'25 Q3'25 Q2'25 Q1'25 Q4'24 Q3'24 Q2'24
Operating Cash Flow -$1.7M+25.6% -$2.2M N/A N/A -$489K+53.7% -$1.1M N/A N/A
Capital Expenditures N/A N/A N/A N/A N/A N/A N/A N/A
Free Cash Flow N/A N/A N/A N/A N/A N/A N/A N/A
Investing Cash Flow N/A N/A N/A N/A N/A N/A N/A N/A
Financing Cash Flow -$934K-108.6% $10.9M N/A N/A $1.1M+9198.1% $12K N/A N/A
Dividends Paid N/A N/A N/A N/A N/A N/A N/A N/A
Share Buybacks N/A N/A N/A N/A N/A N/A N/A N/A

WAMFF Financial Ratios

Metric Q1'26 Q4'25 Q3'25 Q2'25 Q1'25 Q4'24 Q3'24 Q2'24
Gross Margin N/A N/A N/A N/A N/A N/A N/A N/A
Operating Margin N/A N/A N/A N/A N/A N/A N/A N/A
Net Margin N/A N/A N/A N/A N/A N/A N/A N/A
Return on Equity 15.8% N/A -112.3%-77.2pp -35.0%-18.6pp -16.4% N/A -45.5%-24.5pp -21.0%
Return on Assets 8.7% N/A -29.9% N/A N/A N/A N/A N/A
Current Ratio 1.44+0.3 1.14+0.8 0.32 N/A N/A 1.06 N/A N/A
Debt-to-Equity 0.81-0.9 1.71-1.1 2.76 N/A N/A 0.65 N/A N/A
FCF Margin N/A N/A N/A N/A N/A N/A N/A N/A

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Frequently Asked Questions

No, Alaska Silver (WAMFF) reported a net income of -$8.9M in fiscal year 2025.

Alaska Silver (WAMFF) reported diluted earnings per share of $-0.13 for fiscal year 2025. This represents a -8.3% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Alaska Silver (WAMFF) has a return on equity of -143.3% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

Alaska Silver (WAMFF) generated -$4.6M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

Alaska Silver (WAMFF) had $16.7M in total assets as of fiscal year 2025, including both current and long-term assets.

Alaska Silver (WAMFF) had a current ratio of 1.14 as of fiscal year 2025, which is considered adequate.

Alaska Silver (WAMFF) had a debt-to-equity ratio of 1.71 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

Alaska Silver (WAMFF) had a return on assets of -53.0% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

Based on fiscal year 2025 data, Alaska Silver (WAMFF) had $9.1M in cash against an annual operating cash burn of $4.6M. This gives an estimated cash runway of approximately 24 months at the current burn rate. Cash runway measures how long a company can continue operating before running out of cash, assuming no additional funding.

Alaska Silver (WAMFF) has a Piotroski F-Score of 3 out of 5 computable signals; 4 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Alaska Silver (WAMFF) has an earnings quality ratio of 0.52x, considered low quality (accrual-driven). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

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