Every 10-Q that MENTOR CAPITAL INC (MNTR) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow MNTR and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full MNTR filings page.
Mentor Capital, Inc. reported continued early-stage energy-focused operations for the six months ended June 30, 2026, driven by oil and gas royalty interests in the Permian Basin and supported by gold and securities investments. Total assets were $2.52 million, including $1.20 million of royalty interests, $688,125 of marketable securities, $417,903 of gold at cost, and cash of $47,693. Liabilities totaled $573,794, leaving shareholders’ equity of $1.94 million, and there were 27,589,296 common shares outstanding at August 13, 2026.
Royalty revenue was $65,595 for the quarter and $108,363 year-to-date, producing gross profit but not covering selling, general and administrative expenses of $500,588 year-to-date. The company recorded a net loss of $202,330 for the quarter and $375,454 for six months, with operating cash outflows of $287,512, largely offset by $286,012 of investing inflows from sales of securities and gold. Mentor continues to carry a $2.54 million judgment and $754,921 of related interest, as well as a $1,287,000 account receivable position, all fully reserved due to uncertain collection.
Management emphasizes a return to classic energy sectors via non-operating royalty interests, maintains a cost-based gold strategy, and has corrected prior interim treatment of gold valuation without impacting audited annual results. The company identifies two reportable segments (energy and residual operations) and states that existing cash and resources are expected to support its business plan for three years after issuance of these financial statements.
Mentor Capital, Inc. reported a net loss of $173,124 for the quarter ended March 31, 2026, slightly improved from a loss of $211,758 a year earlier. Revenue rose sharply to $42,767, all from oil and gas royalty income, compared with $2,000 in the prior-year period, reflecting its March 2025 acquisition of Permian Basin royalty interests.
Selling, general and administrative expenses increased to $303,149, producing an operating loss of $260,382, partly offset by $91,692 of other income from investment gains. Total assets were $2,775,377, including $1,232,401 of royalty interests and $516,346 of gold bullion held at cost, against shareholders’ equity of $2,144,975 and an accumulated deficit of $9,774,555.
Cash used in operations was $130,038, while securities sales provided $141,679, lifting cash to $60,834. The company continues to fully reserve a $2,539,597 judgment and related receivables from G Farma and a $180,000 interpleader receivable, and states that existing cash and resources should support its business plan for four years without new inflows.
Mentor Capital, Inc. filed its Q3 2025 report, highlighting an initial contribution from newly acquired oil and gas royalty interests. The company recognized $40,430 royalty revenue in the quarter and $117,430 year-to-date after purchasing three fractional royalty interests in March for $1,369,899.
Q3 showed a small net income of $2,675 as other income, including $87,520 unrealized gains on securities and $71,943 on gold, offset a $(160,684) operating loss. Year-to-date, the company recorded a net loss of $(418,745).
Cash fell to $109,914 from $2,182,121 at year-end, primarily from investing cash outflows, including the royalty purchase, securities activity, and building a gold position at fair value of $612,328. Total assets were $3,019,160 and shareholders’ equity $2,473,474. As of November 12, 2025, 21,686,105 common shares were outstanding.