STOCK TITAN

THUNDER MOUNTAIN GOLD INC 10-Q Filings

THMG OTC

Every 10-Q that THUNDER MOUNTAIN GOLD INC (THMG) 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 THMG 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 THMG filings page.

Rhea-AI Summary

Thunder Mountain Gold, Inc. reported continued exploration-stage losses while expanding its South Mountain land position. For the three months ended June 30, 2026, net loss was $1,012,310 versus $899,115 a year earlier, driven by sharply higher exploration and legal costs, partly offset by lower stock-based compensation. For the six months, net loss was $1,603,068.

Exploration expenses rose to $908,162 for the six months (up 163%), reflecting increased work at South Mountain, including core drilling and acquisition of a new 3,675-acre Idaho state mineral lease secured with a $210,000 winning bid and related claim staking. Total assets were $2.27 million and accumulated deficit reached $12.23 million.

Liquidity remains a key focus. Cash was $1.11 million at June 30, 2026, and $3.39 million as of August 7, 2026 including private placement subscriptions and a collected $50,000 receivable. The board approved a proposed $1.1 million debt-for-equity compensation settlement and a non-brokered private placement of up to 9,143,000 units at $0.70 per unit to raise up to $6.4 million, intended mainly to advance South Mountain.

Rhea-AI Summary

Thunder Mountain Gold, Inc. reported a Q1 2026 net loss of $590,758, slightly higher than the $540,300 loss a year earlier, as it ramped up exploration and professional spending.

Operating expenses rose to $594,595, driven by exploration costs of $167,128 and higher legal and accounting fees, while stock-based compensation declined. The company ended the quarter with cash and cash equivalents of $1,813,057 and believes this is sufficient for at least the next twelve months, though it remains an exploration-stage company with an accumulated deficit of $11,220,236.

Strategically, Thunder Mountain advanced its South Mountain Project and broader Idaho footprint. It won mineral lease rights on about 3,500 acres of Idaho state land with a $210,000 bid plus initial rent and royalty payments, capitalized as mineral properties, and continued a funding and technical partnership with MFD Investment Holdings, which can earn a 10% project interest by contributing $1,000,000 in expenditures.

Rhea-AI Summary

Thunder Mountain Gold (THMG) reported Q3 2025 results with a net loss of $480,751 and a nine‑month net loss of $1,920,166 as the company accelerated work on its South Mountain Project. Operating expenses rose sharply to $482,210 in the quarter and $1,922,919 year‑to‑date, driven by exploration spending of $290,661 in Q3 and $636,623 year‑to‑date, plus non‑cash stock‑based compensation tied to option grants.

Cash and cash equivalents were $1,665,987 at September 30, 2025, supported by $2,330,000 of year‑to‑date financing inflows, including a May private placement of 10,000,000 units for $1,200,000 and $1,000,000 recorded as shares to be issued ahead of an October placement. Subsequent to quarter‑end, the company completed a non‑brokered private placement of 10,000,000 units at $0.25 for proceeds of $2,500,000 and signed a $250,000 purchase and sale agreement for 113 acres related to the Acree Lease. Warrants outstanding totaled 17,400,000 at a weighted average exercise price of $0.12. Common shares outstanding were 83,255,579 at September 30, 2025; shares outstanding were 93,255,579 as of October 21, 2025.