OTC: THMG
THUNDER MOUNTAIN GOLD INCCIK 0000711034 · SIC 1000 · Metal Mining
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Latest financial statements
From 10-Q filed Aug 14, 2026 (period ending Jun 30, 2026). As printed on the EDGAR/iXBRL face — not generated by the model.
Condensed Consolidated Statements of Operations (Unaudited)
| Description | Three months ended June 30, 2026 | Three months ended June 30, 2025 | Six months ended June 30, 2026 | Six months ended June 30, 2025 |
|---|---|---|---|---|
| Operating expenses: | ||||
| Exploration | 741,034 | 278,889 | 908,162 | 345,962 |
| Legal and accounting | 116,177 | 29,442 | 211,363 | 75,252 |
| Management and administrative | 157,561 | 591,032 | 489,842 | 1,019,495 |
| Total operating expenses | 1,014,772 | 899,363 | 1,609,367 | 1,440,709 |
| Net operating loss | (1,014,772) | (899,363) | (1,609,367) | (1,440,709) |
| Other income (expense): | ||||
| Interest expense | (2,563) | - | (5,125) | - |
| Other income | 5,025 | 248 | 11,424 | 1,294 |
| Total other income (expense) | 2,462 | 248 | 6,299 | 1,294 |
| Net loss | (1,012,310) | (899,115) | (1,603,068) | (1,439,415) |
| Net loss noncontrolling interest in Owyhee Gold Trust | - | - | - | - |
| Net loss Thunder Mountain Gold, Inc. | (1,012,310) | (899,115) | (1,603,068) | (1,439,415) |
| Net loss per common share basic and diluted | (0.01) | (0.01) | (0.02) | (0.02) |
| Weighted average common shares outstanding-basic and diluted | 93,505,579 | 78,740,927 | 93,497,292 | 76,013,406 |
Condensed Consolidated Balance Sheets (Unaudited)
| Description | June 30, 2026 | December 31, 2025 |
|---|---|---|
| ASSETS | ||
| Current assets: | ||
| Cash and cash equivalents | 1,105,279 | 2,592,167 |
| Subscription receivable | - | 50,000 |
| Prepaid expenses and other assets | 286,509 | 56,058 |
| Total current assets | 1,391,788 | 2,698,225 |
| Property and equipment, net (Note 4) | 877,894 | 592,645 |
| Reclamation bond | 5,000 | - |
| Total assets | 2,274,682 | 3,290,870 |
| LIABILITIES AND STOCKHOLDERS' EQUITY | ||
| Current liabilities: | ||
| Accounts payable and other accrued liabilities | 637,931 | 177,371 |
| Accrued legal fees | 131,685 | 131,685 |
| Note payable current (Note 6) | 37,100 | 37,100 |
| Deferred compensation (Note 5) | 1,104,625 | 1,104,625 |
| Total current liabilities | 1,911,341 | 1,450,781 |
| Note payable long term (Note 6) | 167,900 | 167,900 |
| Accrued reclamation costs | 86,380 | 86,380 |
| Total liabilities | 2,165,621 | 1,705,061 |
| Commitments and Contingencies (Notes 2 and 3) | ||
| Stockholders' equity: | ||
| Preferred stock; $0.0001 par value, 5,000,000 shares authorized; no shares issued or outstanding | - | - |
| Common stock; $0.001 par value; 200,000,000 shares authorized, 93,505,579 and 93,255,579 shares issued and outstanding, respectively (See Note 7) | 93,506 | 93,256 |
| Additional paid-in capital | 12,152,662 | 11,976,592 |
| Less: 11,700 shares of treasury stock, at cost | (24,200) | (24,200) |
| Less: Subscription receivable | (50,000) | - |
| Accumulated deficit | (12,232,546) | (10,629,478) |
| Total Thunder Mountain Gold, Inc stockholders' equity | (60,578) | 1,416,170 |
| Noncontrolling interest in Owyhee Gold Trust (Note 3) | 169,639 | 169,639 |
| Total stockholders' equity | 109,061 | 1,585,809 |
| Total liabilities and stockholders' equity | 2,274,682 | 3,290,870 |
Condensed Consolidated Statements of Cash Flows (Unaudited)
| Description | Six months ended June 30, 2026 | Six months ended June 30, 2025 |
|---|---|---|
| Cash flows from operating activities: | ||
| Net loss | (1,603,068) | (1,439,415) |
| Adjustments to reconcile net loss to net cash used by operating activities: | ||
| Stock based compensation | 136,320 | 771,045 |
| Noncash lease expense | - | (46) |
| Change in: | ||
| Prepaid expenses and other assets | (230,451) | (16,416) |
| Accounts payable and other accrued liabilities | 460,560 | (661) |
| Accrued legal fees | - | (5,000) |
| Net cash used in operating activities | (1,236,639) | (690,493) |
| Cash flows from investing activities: | ||
| Acquisition of mineral properties | (285,249) | - |
| Purchase of reclamation bond | (5,000) | - |
| Net cash used in investing activities | (290,249) | - |
| Cash flows from financing activities: | ||
| Proceeds from issuances of stock and warrants | - | 1,270,000 |
| Proceeds from exercise of stock options | 40,000 | - |
| Net cash provided by financing activities | 40,000 | 1,270,000 |
| Net increase (decrease) in cash and cash equivalents | (1,486,888) | 579,507 |
| Cash and cash equivalents, beginning of period | 2,592,167 | 481,322 |
| Cash and cash equivalents, end of period | 1,105,279 | 1,060,829 |
| Noncash financing and investing activities: | ||
| Common stock issued for subscription receivable | - | 60,000 |
Amounts as printed on the EDGAR/iXBRL face. Labels, columns, and figures are the filing face, not a GAAP stencil. Interactive statements & notes on EDGAR ↗