Every 10-Q that U.S. Goldmining Inc. (USGO) 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 USGO 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 USGO filings page.
U.S. GoldMining Inc. reported a significantly larger net loss as it ramped up exploration at its Whistler Project in Alaska. For the three months ended June 30, 2026, net loss was $4.21 million versus $0.91 million a year earlier; for the six months, net loss was $6.14 million versus $2.20 million, driven mainly by higher drilling and consulting costs and increased stock-based compensation.
Exploration expenses rose to $3.57 million for the first half of 2026 from $0.44 million, while general and administrative costs increased to $2.55 million from $1.72 million. The company had $7.42 million in cash and cash equivalents and working capital of $7.81 million as of June 30, 2026, supported by $6.25 million of financing proceeds from warrant exercises, an at-the-market program and a $4.0 million registered direct offering.
Management states that, as a non-revenue exploration-stage company dependent on external financing, there is substantial doubt about its ability to continue as a going concern, though it plans to use the ATM program to address liquidity. The filing also discloses potential rescission rights related to 8,633 shares issued upon warrant exercise when a prior registration statement was not current.
U.S. GoldMining Inc. reported a larger net loss as it advanced work on its Whistler gold-copper project in Alaska. For the three months ended March 31, 2026, the company recorded a net loss of $1.93 million, compared with $1.29 million a year earlier, driven mainly by higher exploration and general and administrative expenses.
Exploration expenses rose to $0.53 million, reflecting completion of a preliminary economic assessment and preparation for the 2026 drilling program. General and administrative costs increased to $1.41 million, including higher stock-based compensation. The company generated no operating revenue and remains an exploration-stage business.
Cash and cash equivalents were $4.71 million as of March 31, 2026, down from $7.38 million at year-end, with working capital of $5.46 million. Liquidity is currently supported by cash on hand, warrant exercises and an at-the-market equity program, while majority shareholder GoldMining Inc. continues to own about three-quarters of the outstanding common shares.
U.S. GoldMining Inc. (USGO) reported a narrower quarterly loss and boosted liquidity via its at-the-market (ATM) equity program. For the three months ended September 30, 2025, net loss was $2,814,623, or $0.22 per share, improving from $4,345,749, or $0.35 per share, a year ago. The improvement reflected lower exploration spend of $2,095,409 versus $3,911,335, partly offset by higher general and administrative expenses of $699,855 versus $477,869.
For the nine months, net loss was $5,011,239, or $0.40 per share, versus $6,795,401, or $0.55 per share. Cash and cash equivalents were $3,289,803 as of September 30, 2025, with working capital of $3,223,888. The company sold 308,282 shares under its ATM in Q3 for gross proceeds of $3,054,072 and 419,704 shares year‑to‑date for $4,176,325, paying 2.5% commissions. A September 30, 2025 prospectus supplement increased ATM capacity by $7.6 million. Subsequent to quarter‑end, it sold 380,891 additional shares for $5,060,416.
Shares outstanding were 12,889,004 as of September 30, 2025. As context, the company reported 13,273,195 shares outstanding as of November 13, 2025. Warrants outstanding totaled 1,740,992 at a $13.00 exercise price.
U.S. GoldMining Inc. reported a smaller net loss and continued funding activity while warning of substantial doubt about its ability to continue as a going concern. For the six months ended June 30, 2025, the company recorded a net loss of $2,196,616 (six months 2024: $2,449,652), or $0.18 per share, driven by exploration and G&A expenses. Cash and cash equivalents were $3,175,691 with working capital of $2,968,450. The company generated $1,122,253 gross proceeds from its ATM Program during Q2 and sold an additional $878,161 of stock subsequent to period end. Key corporate developments include engaging Ausenco to lead an initial economic assessment (PEA) for the Whistler Project and announcing the 2025 field season and road-access permitting updates. Commitments include annual land payments of $230,605, an annual labor requirement of $135,200, outstanding work order approval of $1,844,000 (with $1,118,425 paid to date), and several NSR royalties encumbering the Whistler Project. The filing notes GoldMining controls approximately 78% of the shares, and management expects to use the ATM Program and other financings to address liquidity needs.