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Solitario Resources Corp. 10-Q Filings

XPL NYSE

Every 10-Q that Solitario Resources Corp. (XPL) 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 XPL 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 XPL filings page.

Rhea-AI Summary

Solitario Resources Corp., an exploration-stage mining company, reported a wider net loss of about $1.83 million for Q2 2026 versus $0.94 million a year earlier, driven mainly by higher exploration spending. Q2 exploration expense rose to roughly $1.51 million, largely from accelerated drilling at the Golden Crest gold project in South Dakota, with additional work at the Lik, Cat Creek and Bright Angel projects.

For the first half of 2026, the net loss was about $2.32 million. The company held approximately $9.0 million of cash and short-term investments and working capital of $8.58 million as of June 30, 2026, and has budgeted around $5.67 million for full‑year exploration. Liquidity was strengthened by at‑the‑market stock sales raising $2.65 million and a $0.23 million private placement with Newmont, increasing shares outstanding to 94.7 million.

Rhea-AI Summary

Solitario Resources Corp. reported a Q1 2026 net loss of $494,000, or $0.01 per share, slightly improved from a $511,000 loss a year earlier. Lower exploration expense of $182,000 and general and administrative costs of $376,000 helped narrow the loss.

The company generated a modest $2,000 gain on marketable equity securities compared with $385,000 in the prior-year quarter and recorded no derivative losses. Cash and short-term investments totaled $8,442,000, with working capital of $8,579,000, supporting its planned $5,673,000 2026 exploration budget.

Through its at-the-market program, Solitario issued 1,640,425 shares at an average price of $0.76, raising net proceeds of $1,201,000 to help fund exploration at its Golden Crest, Lik, Cat Creek and Bright Angel projects.

Rhea-AI Summary

Solitario Resources (XPL) reported a narrower Q3 2025 net loss of $1.87 million, or $0.02 per share, compared with $2.28 million, or $0.03 per share, a year ago. The improvement reflects lower exploration expense of $1.65 million (down from $2.07 million) and steady general and administrative costs of $0.38 million. Other income included $0.08 million of realized and unrealized gains on marketable securities and $0.08 million of interest and dividends.

Liquidity strengthened: cash and cash equivalents were $372,000 and short‑term investments were $7.57 million at September 30, 2025. Total assets rose to $25.37 million from $23.04 million at year‑end, and shareholders’ equity increased to $24.74 million. The company issued equity to fund operations, including 572,013 shares via its ATM for net $418,000 in Q3 and private placements earlier in 2025. There were 90,612,981 shares outstanding at September 30, 2025, and 90,901,324 as of October 29, 2025.

For the nine months, net loss was $3.32 million versus $3.77 million in 2024, with exploration expense down to $2.56 million and general and administrative expense down to $1.26 million.