Here are the 10-Q quarterly reports from PureBase Corporation (PUBC) in our archive since June 2025, 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 PUBC 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 PUBC filings page.
Purebase Corporation reported another quarterly loss and raised substantial doubt about its ability to continue as a going concern. For the three months ended February 28, 2026, the company generated no revenue and recorded a net loss of $347,047, narrowing from $452,688 a year earlier as operating expenses declined.
Cash increased to $111,629, but Purebase’s working capital deficiency widened to $1,439,631. The business relied heavily on debt financing, including a high-cost bridge loan and a new related-party convertible line of credit of up to $1,000,000, of which $771,302 had been drawn. Management plans to focus on agricultural products, has exited its cementitious materials initiative, and expects continued operating losses and negative operating cash flow while pursuing additional bridge loans and equity or debt financing.
Purebase Corporation (PUBC) filed its Q3 2025 report for the quarter ended August 31, 2025. Revenue was $86,814 versus $204,314 a year ago, and the company recorded a net loss of $480,699 for the quarter and $1,308,958 year‑to‑date. Cash was $97,921 at quarter‑end.
The balance sheet shows a working capital deficit of $749,973 and an accumulated deficit of $65,517,481. Shares outstanding were 278,718,151 as of October 14, 2025. Stockholders’ deficit narrowed to $5,991, largely from debt converting into equity.
Management disclosed substantial doubt about the company’s ability to continue as a going concern. Funding shifted from related‑party support to third‑party debt: a $650,000 J.J. Astor bridge loan secured by a first lien and 750,000 shares issued, with an additional 750,000 shares issuable if the stock price is not above $0.50 after 90 days; and a $123,050 Vanquish Funding Group loan at 12% interest. Earlier, US Mine Corporation conversions eliminated $1,000,000 and $618,000 obligations into common stock. Strategically, Purebase ceased pursuing the SCM market and is focusing on agricultural products; a June 18, 2025 master agreement canceled prior SCM‑related mining rights and an option held by US Mine LLC.