Lithium Argentina AG's income statement, balance sheet and cash flow statement as filed with the SEC (10-K and 10-Q), with the latest fiscal years and quarters.
| Line item | Dec 31, 2025 · FY | Dec 31, 2024 · FY | Dec 31, 2023 · FY | Dec 31, 2022 · FY |
|---|---|---|---|---|
| Exploration and evaluation expenditures | ($6.7M) | ($10.1M) | ($21.2M) | ($49.2M) |
| General and administrative | ($15.7M) | ($14.7M) | ($21.4M) | ($22.9M) |
| Share based compensation | ($15.1M) | ($7.2M) | ($8.4M) | ($6.6M) |
| Share of (loss)/gain of Cauchari-Olaroz Project | ($39.8M) | ($28.2M) | $16.2M | ($83.3M) |
| Share of loss of Arena Minerals | $0 | $0 | ($677.0K) | ($1.4M) |
| Share of loss of Sal de la Puna Project | ($256.0K) | ($176.0K) | ($866.0K) | — |
| Total expenses | ($77.5M) | ($60.4M) | ($36.3M) | ($163.4M) |
| Transaction costs | ($4.0M) | ($6.8M) | ($7.6M) | $0 |
| (Loss)/gain on financial instruments measured at fair value | ($2.4M) | $12.5M | — | — |
| Finance and other costs | ($31.9M) | — | — | — |
| Foreign exchange (loss)/gain | ($693.0K) | $2.1M | $19.6M | $3.4M |
| Loss on JEMSE receivable | ($9.3M) | — | — | — |
| Finance and other income | $49.4M | $51.8M | $52.9M | $25.3M |
| Other Income Expense | $1.1M | $34.5M | $64.6M | $69.8M |
| (LOSS)/INCOME FROM CONTINUING OPERATIONS BEFORE TAXES | ($76.4M) | ($25.9M) | $28.2M | ($93.6M) |
| Current tax expense | ($48.0K) | — | — | — |
| Deferred tax (expense)/recovery | ($420.0K) | — | — | — |
| (LOSS)/INCOME FROM CONTINUING OPERATIONS | ($76.9M) | ($15.2M) | $17.6M | ($93.6M) |
| INCOME FROM DISCONTINUED OPERATIONS | $0 | $0 | $1.3B | $0 |
| NET (LOSS)/INCOME | ($76.9M) | ($15.2M) | $1.3B | ($93.6M) |
| Equity holders of Lithium Argentina | ($75.4M) | ($15.2M) | — | — |
| Non-controlling interest | ($1.4M) | ($6.0K) | — | — |
| TOTAL COMPREHENSIVE (LOSS)/INCOME | ($76.9M) | ($15.2M) | $1.3B | ($93.6M) |
| (Loss)/income continuing per share - basic | -$0.47 | -$0.09 | $0.11 | — |
| Income discontinued per share - basic | $0.00 | $0.00 | $8.18 | — |
| (Loss)/income per share - basic | -$0.47 | -$0.09 | $8.29 | -$0.70 |
| (Loss)/income continuing per share - diluted | -$0.47 | -$0.09 | $0.11 | — |
| Income discontinued per share - diluted | $0.00 | $0.00 | $7.91 | — |
| (Loss)/income per share - diluted | -$0.47 | -$0.09 | $8.02 | -$0.70 |
| Weighted average number of common shares outstanding - basic total | 162.2M | 161.3M | 155.3K | — |
| Weighted average number of common shares outstanding - diluted total | 162.2M | 161.3M | 160.6K | 133.7M |
| Line item | Sep 30, 2018 · YTD |
|---|---|
| ORGANOCLAY SALES | $3.4M |
| Production costs | ($4.2M) |
| Depreciation | ($760.0K) |
| Total cost of sales | ($5.0M) |
| GROSS LOSS | ($1.6M) |
| Exploration expenditures | ($7.3M) |
| Organoclay research and development | ($423.0K) |
| General and administrative | ($7.6M) |
| Share of loss in Joint Venture | ($271.0K) |
| Stock-based compensation | ($3.9M) |
| Total expenses | ($19.5M) |
| Foreign exchange (loss)/gain | $1.5M |
| Other income | $924.0K |
| Total other items | $2.4M |
| NET LOSS | ($18.6M) |
| Unrealized gain/(loss) on translation to reporting currency | ($1.7M) |
| TOTAL COMPREHENSIVE LOSS | ($20.4M) |
| LOSS PER SHARE - BASIC AND DILUTED | -$0.21 |
| WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING - BASIC AND DILUTED | 88.6M |
| Line item | Dec 31, 2025 · FY | Dec 31, 2024 · FY | Dec 31, 2023 · FY | Dec 31, 2022 · FY |
|---|---|---|---|---|
| Cash and cash equivalents | $61.1M | $85.5M | $122.3M | $194.5M |
| Receivables from purchasers for lithium carbonate | $23.2M | $17.4M | — | — |
| Loans to Exar Capital | $0 | $10.8M | $320.9M | $223.1M |
| Other receivables, prepaids and deposits | $369.0K | $3.6M | $4.6M | $4.0M |
| Total current assets | $84.7M | $117.4M | $133.6M | $356.1M |
| Investment in Sal de la Puna Project | $183.4M | $183.2M | $181.3M | — |
| Loans to Exar Capital | $308.3M | $369.6M | — | — |
| Loans to Minera Exar | $71.5M | $67.4M | — | — |
| Investment in Cauchari-Olaroz Project | $93.4M | $32.9M | $59.6M | $41.5M |
| Long-term receivable from JEMSE | $8.1M | $7.9M | $7.4M | $6.8M |
| Property, plant and equipment | $9.4M | $9.0M | $9.2M | $9.0M |
| Exploration and evaluation assets | $341.0M | $343.8M | $343.1M | $348.6M |
| Deferred income tax asset | $11.0K | — | — | — |
| Total non-current assets | $1.0B | $1.0B | $921.5M | $660.5M |
| TOTAL ASSETS | $1.1B | $1.1B | $1.1B | $1.0B |
| Accounts payable and accrued liabilities | $5.9M | $8.4M | $9.6M | $16.5M |
| Payable to Minera Exar for lithium carbonate purchases | $25.5M | $21.2M | — | — |
| PGCo Shareholder liabilities - Ganfeng | $12.9M | — | — | — |
| Convertible notes interest and other liabilities | $2.5M | $2.3M | — | — |
| Equity-settleable convertible notes | $234.2M | $208.4M | — | — |
| Total current liabilities | $281.0M | $240.3M | $14.6M | $19.6M |
| Deferred income tax liability | $431.0K | $0 | $10.7M | — |
| Other liabilities | $1.5M | $21.0K | $496.0K | $8.0M |
| Total long-term liabilities | $1.9M | $21.0K | $211.5M | $212.9M |
| TOTAL LIABILITIES | $282.8M | $240.3M | $226.1M | $232.5M |
| Share capital | $1.6M | $1.6M | $1.5B | $1.0B |
| Capital reserve | $1.5B | $1.5B | — | — |
| Accumulated other comprehensive loss | ($3.5M) | ($3.5M) | ($3.5M) | ($3.5M) |
| Deficit | ($745.0M) | ($669.5M) | ($661.2M) | ($272.2M) |
| TOTAL EQUITY ATTRIBUTABLE TO LITHIUM ARGENTINA'S SHAREHOLDERS | $767.9M | $828.3M | — | — |
| Non-controlling interest | $49.1M | $62.7M | — | — |
| TOTAL EQUITY | $816.9M | $890.9M | $828.9M | $784.0M |
| TOTAL LIABILITIES AND EQUITY | $1.1B | $1.1B | $1.1B | $1.0B |
| Line item | Sep 30, 2018 |
|---|---|
| Cash and cash equivalents | $25.9M |
| Restricted cash | $833.0K |
| Receivables, prepaids and deposits | $1.8M |
| Deferred financing and transaction costs | $2.7M |
| Organoclay inventories | $1.4M |
| Total current assets | $32.6M |
| Restricted cash | $150.0K |
| Loans to Joint Venture | $25.2M |
| Investment in Joint Venture | $29.8M |
| Property, plant and equipment | $17.5M |
| Exploration and evaluation assets | $2.8M |
| Total non-current assets | $75.5M |
| TOTAL ASSETS | $108.1M |
| Accounts payable and accrued liabilities | $3.6M |
| Current portion of long-term borrowings | $243.0K |
| Total current liabilities | $3.8M |
| Long-term borrowings | $10.6M |
| Decommissioning provision | $249.0K |
| Total long-term liabilities | $10.8M |
| TOTAL LIABILITIES | $14.6M |
| Share capital | $197.9M |
| Contributed surplus | $25.4M |
| Accumulated other comprehensive loss | ($1.9M) |
| Deficit | ($128.0M) |
| TOTAL SHAREHOLDERS’ EQUITY | $93.5M |
| TOTAL LIABILITIES AND SHAREHOLDERS EQUITY | $108.1M |
| Line item | Dec 31, 2025 · FY | Dec 31, 2024 · FY | Dec 31, 2023 · FY | Dec 31, 2022 · FY |
|---|---|---|---|---|
| (Loss)/income from continuing operations | ($76.9M) | ($15.2M) | $17.6M | — |
| Share based compensation | $15.1M | $7.2M | $8.4M | — |
| Depreciation | $489.0K | $758.0K | $1.1M | — |
| Current tax expense | $48.0K | — | — | — |
| Deferred tax expense/(recovery) | $420.0K | ($10.7M) | $10.7M | — |
| Foreign exchange loss/(gain) | $693.0K | ($2.1M) | ($13.8M) | — |
| Share of loss of Cauchari-Olaroz Project | $39.8M | $28.2M | ($16.2M) | — |
| Loss on JEMSE receivable | $9.3M | — | — | — |
| Share of loss of Sal de la Puna | $0 | $0 | $677.0K | — |
| Share of loss of Sal de la Puna Project | $256.0K | $176.0K | $866.0K | — |
| Loss/(gain) on financial instruments measured at fair value | $2.4M | ($12.5M) | — | — |
| Finance income | ($46.6M) | — | — | — |
| Finance and other costs | $30.9M | ($21.3M) | — | — |
| Payment of interest on the convertible notes and debt facilities | ($4.5M) | ($4.5M) | ($4.5M) | — |
| Decrease in receivables, prepaids and deposits | ($2.9M) | ($16.5M) | — | — |
| Increase in accounts payable and accrued liabilities | $1.7M | $20.3M | $3.0M | — |
| Decrease/(increase) in net prepayments made for lithium carbonate | $0 | $4.4M | — | — |
| Cash used in operating activities by continuing operations | ($30.0M) | ($21.8M) | ($28.3M) | — |
| Cash used in operating activities by discontinued operations | $0 | $0 | ($30.7M) | — |
| Net cash used in operating activities | ($30.0M) | ($21.8M) | ($59.0M) | — |
| Loans | $0 | ($107.0M) | ($64.7M) | — |
| Proceeds from repayment of loans and interest by Exar Capital | $3.9M | $26.5M | — | — |
| Contribution to Investment in Cauchari-Olaroz project | $0 | ($1.6M) | ($1.9M) | — |
| Contribution to Investment in Sal de la Puna Project | ($419.0K) | ($2.1M) | — | — |
| Proceeds from withdrawal of short-term bank deposits | $0 | $0 | $155.0M | — |
| Change in cash | $0 | $0 | $4.5M | — |
| Additions to exploration and evaluation assets | ($229.0K) | ($702.0K) | ($2.6M) | — |
| Disposals of exploration and evaluation assets | $3.0M | — | — | — |
| Additions to property, plant and equipment | $0 | ($971.0K) | ($5.3M) | — |
| Cash provided/(used) in investing activities of continuing operations | $6.3M | ($85.9M) | $77.7M | — |
| Cash used in investing activities by discontinued operations | $0 | $0 | ($116.8M) | — |
| Net cash provided/(used) in investing activities | $6.3M | ($85.9M) | ($39.1M) | — |
| Proceeds from equity awards exercises | $0 | $0 | — | — |
| Financing costs related to separation | $0 | $0 | ($15.6M) | — |
| Cash distributed upon separation | $0 | $0 | ($275.5M) | — |
| Proceeds from Pastos Grandes Transaction | $0 | $70.0M | — | — |
| Financing costs | $0 | — | — | — |
| Lease payments | ($332.0K) | ($774.0K) | — | — |
| Cash (used)/provided by financing activities of continuing operations | ($332.0K) | $68.8M | ($290.6M) | — |
| Cash provided by financing activities of discontinued operations | $0 | $0 | $302.8M | — |
| Net cash (used)/provided by financing activities | ($332.0K) | $68.8M | $12.1M | — |
| Effect of foreign exchange on cash | ($402.0K) | $2.1M | $13.8M | — |
| CHANGE IN CASH AND CASH EQUIVALENTS | ($24.4M) | ($36.8M) | ($72.2M) | — |
| CASH AND CASH EQUIVALENTS - BEGINNING OF THE PERIOD | $85.5M | $122.3M | $194.5M | — |
| CASH AND CASH EQUIVALENTS - END OF THE PERIOD | $61.1M | $85.5M | $122.3M | — |
| Line item | Sep 30, 2018 · YTD |
|---|---|
| Net loss | ($18.6M) |
| Stock-based compensation | $4.0M |
| Depreciation | $945.0K |
| Foreign exchange (gain)/loss | ($1.5M) |
| Share of loss in Joint Venture | $271.0K |
| Inventories write down | $203.0K |
| Other expense | $514.0K |
| Increase in receivables, prepaids and deposits | ($568.0K) |
| Decrease/(increase) in inventories | $554.0K |
| Increase in accounts payable and accrued liabilities | $383.0K |
| Net cash used in operating activities | ($13.9M) |
| Loans to Joint Venture (Note 4) | ($12.5M) |
| Contribution to Joint Venture (Note 4) | ($10.7M) |
| Additions to exploration and evaluation assets | ($664.0K) |
| Escrow deposit | $833.0K |
| Additions to property, plant and equipment | ($309.0K) |
| Net cash used in investing activities | ($23.4M) |
| Proceeds from stock option exercises | $4.0K |
| Drawdowns from the credit facility | $10.0M |
| Debt financing costs paid | ($1.8M) |
| Finance lease repayments | ($139.0K) |
| Net cash provided by financing activities | $8.0M |
| EFFECT OF FOREIGN EXCHANGE ON CASH | ($215.0K) |
| CHANGE IN CASH AND CASH EQUIVALENTS | ($29.4M) |
| CASH AND CASH EQUIVALENTS - BEGINNING OF PERIOD | $55.4M |
| CASH AND CASH EQUIVALENTS - END OF PERIOD | $25.9M |
Lithium Argentina AG score and earnings-call analysis · All covered companies
Figures as reported in SEC filings. General information, not investment advice.