← MACH NATURAL RESOURCES LP
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||||
| Current assets: | |||||||||||
| Cash and Cash Equivalents, at Carrying Value | — | — | — | — | — | — | $29.4m | $152.8m | $105.8m | $42.6m | |
| Cash and cash equivalents | $914k | $1.4m | $2.6m | $4.0m | $4.5m | $4.7m | $29.4m | $152.8m | $105.8m | $42.6m | |
| Accounts receivable | — | — | — | $4.0m | — | — | $130.1m | $132.2m | $171.6m | $230.4m | |
| Other current assets | — | — | — | — | $6.7m | $4.9m | $2.5m | $2.4m | $6.4m | $18.9m | |
| Receivables and other assets | $190k | $35k | $72k | $177k | $101k | $103k | $105k | — | — | — | |
| Prepaids | — | — | — | — | — | — | $105k | $102k | $187k | $217k | |
| Trade receivables | — | — | — | — | $31.7m | $9.5m | $10.5m | — | — | — | |
| Trade and bills receivable | — | — | — | — | $29.8m | $41.5m | — | — | — | — | |
| Inventory, Net | $241k | $155k | $151k | $393k | $842k | $975k | $24.7m | $31.4m | $24.3m | $43.5m | |
| Assets, Current | — | — | — | — | — | — | $186.7m | $343.6m | $322.1m | $378.0m | |
| Total current assets | $1.6m | $1.8m | $3.3m | $5.4m | $7.7m | $9.1m | $186.7m | $343.6m | $322.1m | $378.0m | |
| Property, Plant and Equipment, Net | — | $337k | $275k | $214k | $1.2m | $715k | $72.9m | $89.7m | $91.8m | $194.8m | |
| Intangible assets | — | — | — | — | $643k | $20.2m | $19.4m | — | — | — | |
| Operating Lease, Right-of-Use Asset | — | — | — | — | $3.6m | $2.4m | $14.8m | $17.4m | $14.9m | $19.5m | |
| Other Assets, Noncurrent | — | — | — | — | — | — | $3.1m | $7.1m | $9.5m | $34.0m | |
| Other assets | — | — | — | — | — | — | $3.1m | $7.1m | $9.5m | $34.0m | |
| Right-of-use Assets | — | — | — | $616k | $1.1m | — | — | — | — | — | |
| Additional Financial Items | |||||||||||
| Partners' Capital | — | — | — | — | — | — | $0 | $1.2b | $1.2b | $2.0b | |
| Short-term derivative assets | — | — | — | — | — | — | $0 | $24.8m | $14.1m | $42.5m | |
| Proved oil and natural gas properties | — | — | — | — | — | — | $749.9m | $2.1b | $2.4b | $4.0b | |
| Less: accumulated depreciation, depletion, amortization and impairment | — | — | — | — | — | — | ($139.5m) | ($265.9m) | ($520.6m) | ($879.3m) | |
| Oil and natural gas properties, net | — | — | — | — | — | — | $610.4m | $1.8b | $1.9b | $3.1b | |
| Less: accumulated depreciation | — | — | — | — | — | — | ($9.2m) | ($15.6m) | ($23.7m) | ($35.5m) | |
| Long-term derivative assets | — | — | — | — | — | — | $0 | $15.1m | $640k | $12.5m | |
| Operating lease assets | — | — | — | — | — | — | $14.8m | $17.4m | $14.9m | $19.5m | |
| Revenue payable | — | — | — | — | — | — | $52.2m | $110.3m | $150.2m | $167.8m | |
| Short-term derivative liabilities | — | — | — | — | — | — | $10.1m | $0 | $6.2m | $0 | |
| Current portion of operating lease liabilities | — | — | — | — | — | — | $10.8m | $10.8m | $5.6m | $6.9m | |
| Asset retirement obligations | — | — | — | — | — | — | $52.4m | $85.1m | $101.9m | $261.9m | |
| Long-term derivative liabilities | — | — | — | — | — | — | — | $0 | $4.9m | $3.0m | |
| Long-term portion of operating leases | — | — | — | — | — | — | $4.0m | $6.7m | $9.3m | $12.6m | |
| Investment in trading securities | $249k | $270k | $472k | $887k | $2.3m | $3.4m | $3.5m | $2.2m | $3.2m | $4.3m | |
| Restricted cash | $221k | $246k | $296k | $296k | $296k | $296k | $296k | $296k | $296k | $296k | |
| Equipment, net | $347k | $522k | $501k | $406k | $570k | $600k | $671k | $543k | $447k | $562k | |
| Mineral properties | $734k | $734k | $734k | $734k | $734k | $734k | $734k | $734k | $734k | $734k | |
| Due to related parties | — | — | — | — | — | — | $182k | $152k | $91k | $135k | |
| Warrant liability | $1k | $1k | $116k | $137k | $0 | $0 | — | — | $0 | $336k | |
| Asset retirement obligation | $216k | $205k | $188k | $159k | $140k | $93k | $100k | $86k | $95k | $102k | |
| Shares in treasury | — | — | — | ($9k) | ($5k) | ($13k) | ($7k) | ($21k) | ($17k) | ($91k) | |
| Non-controlling interest | ($926k) | ($828k) | ($595k) | ($455k) | ($313k) | ($191k) | ($58k) | $123k | $372k | $671k | |
| Other Non-Current Assets | — | — | — | — | — | $10k | $4k | $247.5m | $256.5m | $245.4m | |
| Prepayments | — | $39k | $39k | $29k | $384k | $2.2m | $1.7m | $1.1m | $1.2m | $1.2m | |
| Other payables and accruals | — | $2.9m | $1.6m | $2.2m | $9.8m | $12.1m | $16.7m | $82.6m | $3.5m | $1.2m | |
| Derivative financial liabilities | — | — | — | — | — | $1.7m | $824k | — | $2.1m | $19k | |
| Due to related companies | — | $13.7m | $4.0m | $5.1m | $79.5m | $5.7m | $3.4m | $9.1m | $11.4m | $12.7m | |
| Other payables | — | — | — | — | — | — | — | — | $76.9m | $73.6m | |
| Due to the Shareholder | — | $11.6m | $7.0m | $7.1m | $7.1m | $14.1m | $7.2m | $85.7m | $78.6m | $73.1m | |
| EQUITY ATTRIBUTABLE TO OWNERS OF THE COMPANY | $172.7m | $74.7m | $67.8m | $76.0m | $88.1m | $86.3m | |||||
| Contract Assets | — | — | — | — | $111.7m | $91.0m | $89.7m | — | — | — | |
| Total | — | $10.5m | $636k | $39k | $1.9m | $86.2m | $82.7m | $18k | — | — | |
| Taxes Payable | — | $16.8m | $16.8m | $16.8m | $18.6m | $9.3m | $10.7m | — | — | — | |
| Interest-bearing loans and borrowings | — | — | — | — | $3.0m | $3.0m | $3.0m | — | — | — | |
| Lease liabilities | — | — | — | — | $2.2m | $1.2m | $1.6m | — | — | — | |
| Deferred Tax Assets, Non-Current | — | — | — | — | $2.9m | $66k | — | — | — | — | |
| Other comprehensive loss | — | ($3.6m) | ($3.8m) | ($3.9m) | ($3.2m) | ($10.8m) | — | — | — | — | |
| (DEFICIENCY IN ASSETS)/EQUITY | ($15.5m) | ($21.8m) | ($27.6m) | $101.2m | |||||||
| Accrued Liabilities, Current | — | — | — | — | — | — | $60.2m | $44.5m | $53.5m | $115.6m | |
| Total long-term liabilities | — | — | — | — | — | — | $141.6m | $837.9m | $786.7m | $1.4b | |
| Total Xtra-Gold Resources Corp. stockholders' equity | $2.4m | $3.7m | $4.8m | $6.9m | $9.2m | $9.8m | $10.5m | $10.2m | $11.9m | $16.3m | |
| Total equity | $3.3m | $2.9m | $4.2m | $6.4m | $8.9m | $9.6m | $10.5m | $10.3m | $12.2m | $16.9m | |
| TOTAL NON-CURRENT ASSETS | $337k | $275k | $830k | $151.7m | $123.9m | $123.0m | $247.9m | $256.5m | $245.4m | ||
| TOTAL NON-CURRENT LIABILITIES | $89.6m | $77.8m | $77.9m | $155.5m | $146.7m | ||||||
| Assets | — | — | — | — | — | — | $887.9m | $2.3b | $2.3b | $3.8b | |
| Total assets | $2.9m | $3.3m | $4.8m | $6.9m | $9.3m | $10.8m | $887.9m | $2.3b | $2.3b | $3.8b | |
| LIABILITIES AND EQUITY | |||||||||||
| Current liabilities: | |||||||||||
| Operating Lease, Liability, Current | — | — | — | $803k | $1.4m | $981k | $10.8m | $10.8m | $5.6m | $6.9m | |
| Long-term Debt, Current Maturities | — | — | — | — | — | — | $0 | $61.9m | $82.5m | $0 | |
| Operating Lease, Liability, Noncurrent | — | — | — | — | — | — | $4.0m | $6.7m | $9.3m | $12.6m | |
| Long-term Debt, Excluding Current Maturities | — | — | — | — | — | — | $84.9m | $745.1m | $668.8m | $1.1b | |
| Accounts payable | — | $215k | $100k | $3.9m | $28.6m | $21.1m | $19.8m | $47.4m | $54.4m | $69.6m | |
| Current portion of long-term debt | — | — | — | — | — | — | $0 | $61.9m | $82.5m | $0 | |
| Accounts payable and accrued liabilities | $270k | $237k | $320k | $147k | $286k | $1.0m | $1.1m | $1.3m | $1.8m | $872k | |
| Deferred Revenue, Current | — | — | — | — | $690k | $690k | $690k | — | — | — | |
| Liabilities, Current | — | — | — | — | — | — | $153.1m | $274.9m | $352.4m | $359.9m | |
| Total current liabilities | $487k | $443k | $624k | $444k | $427k | $1.1m | $153.1m | $274.9m | $352.4m | $359.9m | |
| TOTAL CURRENT LIABILITIES AND TOTAL LIABILITIES | $45.3m | $29.5m | $35.9m | ||||||||
| Other Liabilities, Noncurrent | — | — | — | — | — | — | $269k | $943k | $1.9m | $6.5m | |
| Other long-term liabilities | — | — | — | — | — | — | $269k | $943k | $1.9m | $6.5m | |
| Deferred Tax Liabilities, Non-Current | — | — | — | — | $10.4m | $2.5m | $5.3m | — | — | — | |
| Total liabilities and partners’ capital | $2.9m | $3.3m | $4.8m | $6.9m | $9.3m | $10.8m | $887.9m | $2.3b | $2.3b | $3.8b | |
| Total liabilities | $487k | $443k | $624k | $444k | $427k | $1.1m | $1.4m | $1.5m | $2.0m | $1.5m | |
| Capital stock Authorized - 250,000,000 common shares with a par value of $0.001 Issued and outstanding 46,682,117 common shares (December 31, 2024 - 45,994,517 common shares) | 48k | 48k | 46k | 46k | 47k | 47k | 46k | 46k | 46k | 47k | |
| Additional paid in capital | $31.9m | $31.9m | $31.6m | $31.5m | $32.0m | $31.8m | $31.8m | $31.7m | $31.7m | $32.5m | |
| Accumulated deficit | ($28.6m) | ($28.2m) | ($26.9m) | ($24.7m) | ($22.8m) | ($22.0m) | ($21.3m) | ($21.5m) | ($19.8m) | ($16.2m) | |
| Accumulated Other Comprehensive Income | — | $692.5m | $692.5m | $692.5m | $788.0m | $719.1m | $735.3m | $758.8m | $772.5m | $772.5m | |
| Retained Earnings | — | ($1.0b) | ($1.0b) | ($1.0b) | ($1.0b) | ($1.1b) | ($1.1b) | ($1.1b) | ($1.1b) | ($1.1b) | |
| Noncontrolling Interest | — | — | — | — | $119.1m | $107.4m | $109.7m | — | — | — | |
| Total Stockholders' Equity | — | $312.1m | $312.1m | $312.1m | $419.1m | $450.8m | $450.8m | $450.8m | $450.8m | $450.8m | |
| Liabilities and Equity | — | — | — | — | — | — | $887.9m | $2.3b | $2.3b | $3.8b | |
| TOTAL LIABILITIES AND EQUITY | $29.7m | $7.7m | $8.3m | $530.1m | $333.4m | $320.0m | $253.8m | $260.9m | $247.2m |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.