Northern Dynasty Minerals Ltd.
Financial Statements (IFRS) · Amounts in CAD
Income Statement
Balance Sheet
Cash Flow
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 |
| Operating Revenue | 0.00 | 0.00 | 0.00 | 0.00 |
| Cost Of Revenue | 105,000 | 101,000 | 104,000 | 192,000 |
| Gross Profit | -105,000 | -101,000 | -104,000 | -192,000 |
| Selling General And Administration | 12.9M | 18.1M | 15.2M | 18.6M |
| General And Administrative Expense | 12.9M | 18.1M | 15.2M | 18.6M |
| Depreciation And Amortization In Income Statement | -- | -- | -- | 192,000 |
| Other Operating Expenses | 5.7M | 7.7M | 9.3M | 12.4M |
| Operating Expense | 18.5M | 25.9M | 24.5M | 31.0M |
| Operating Income | -18.7M | -26.0M | -24.6M | -31.2M |
| EBIT | -35.3M | -21.0M | -24.3M | -31.5M |
| Interest Expense | 824,000 | 81,000 | 67,000 | 67,000 |
| Interest Expense Non Operating | 824,000 | 81,000 | 67,000 | 67,000 |
| Interest Income | 860,000 | 270,000 | 279,000 | 176,000 |
| Interest Income Non Operating | 860,000 | 270,000 | 279,000 | 176,000 |
| Net Interest Income | 36,000 | 189,000 | 212,000 | 109,000 |
| Other Income Expense | -17.5M | 4.7M | 59,000 | -426,000 |
| Other Non Operating Income Expenses | -- | 22,000 | 3,000 | 16,000 |
| Special Income Charges | 313,000 | 3.6M | 1,000 | 14,000 |
| Gain On Sale Of Security | -17.8M | 1.0M | 55,000 | -456,000 |
| Pretax Income | -36.1M | -21.1M | -24.3M | -31.5M |
| Tax Provision | 65,000 | -110,000 | 107,000 | -- |
| Tax Effect Of Unusual Items | -2.6M | 24,219 | 14,678 | 0.00 |
| Net Income From Continuing And Discontinued Operation | -36.1M | -21.0M | -24.4M | -31.5M |
| Net Income From Continuing Operation Net Minority Interest | -36.1M | -21.0M | -24.4M | -31.5M |
| Net Income Including Noncontrolling Interests | -36.1M | -21.0M | -24.4M | -31.5M |
| Net Income Common Stockholders | -36.1M | -21.0M | -24.4M | -31.5M |
| Net Income | -36.1M | -21.0M | -24.4M | -31.5M |
| EBITDA | -35.1M | -20.9M | -24.0M | -31.1M |
| Normalized EBITDA | -17.6M | -25.5M | -24.1M | -30.7M |
| Reconciled Depreciation | 162,000 | 164,000 | 259,000 | 329,000 |
| Basic EPS | -0.07 | -0.04 | -0.05 | -0.06 |
| Diluted EPS | -0.07 | -0.04 | -0.05 | -0.06 |
| Basic Average Shares | 537.9M | 530.3M | 529.8M | 521.5M |
| Diluted Average Shares | 537.9M | 530.3M | 529.8M | 521.5M |
| Total Unusual Items | -17.5M | 4.6M | 56,000 | -442,000 |
| Total Unusual Items Excluding Goodwill | -17.5M | 4.6M | 56,000 | -442,000 |
| Tax Rate For Calcs | 0.15 | 0.01 | 0.26 | 0.00 |
| Normalized Income | -21.3M | -25.6M | -24.5M | -31.1M |
| Depreciation Amortization Depletion Income Statement | -- | -- | -- | 192,000 |
| Depreciation Income Statement | -- | -- | -- | 192,000 |
| Diluted NI Availto Com Stockholders | -36.1M | -21.0M | -24.4M | -31.5M |
| Gain On Sale Of Ppe | -- | 0.00 | 1,000 | -2,000 |
| Insurance And Claims | 2.6M | 3.2M | 2.4M | 1.5M |
| Net Income Continuous Operations | -36.1M | -21.0M | -24.4M | -31.5M |
| Net Non Operating Interest Income Expense | 36,000 | 189,000 | 212,000 | 109,000 |
| Other Gand A | 10.3M | 13.8M | 10.5M | 14.2M |
| Other Special Charges | -313,000 | -3.6M | -- | -16,000 |
| Reconciled Cost Of Revenue | 105,000 | 101,000 | 104,000 | 192,000 |
| Salaries And Wages | 27,000 | 1.1M | 2.3M | 2.9M |
| Total Expenses | 18.7M | 26.0M | 24.6M | 31.2M |
| Total Operating Income As Reported | -18.3M | -22.3M | -24.6M | -31.2M |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Cash And Cash Equivalents | 16.1M | 18.2M | 14.2M | 22.3M |
| Cash Cash Equivalents And Short Term Investments | 16.1M | 18.2M | 14.2M | 22.3M |
| Cash Financial | -- | -- | 14.2M | 22.3M |
| Receivables | 152,000 | 675,000 | 130,000 | 164,000 |
| Prepaid Assets | 1.8M | 2.2M | 2.5M | 1.4M |
| Current Assets | 18.1M | 21.1M | 16.8M | 24.2M |
| Gross PPE | 120.4M | 123.9M | 129.7M | 136.2M |
| Accumulated Depreciation | -2.3M | -2.1M | -2.1M | -1.9M |
| Net PPE | 118.1M | 121.9M | 127.5M | 134.3M |
| Other Non Current Assets | 984,000 | 872,000 | 852,000 | 785,000 |
| Total Non Current Assets | 119.1M | 122.7M | 128.4M | 135.1M |
| Total Assets | 137.2M | 143.8M | 145.2M | 159.3M |
| Current Debt | 2.8M | 2.2M | -- | -- |
| Current Debt And Capital Lease Obligation | 2.9M | 2.3M | 150,000 | 126,000 |
| Accounts Payable | 917,000 | 929,000 | 1.7M | 1.9M |
| Payables | 1.2M | 1.2M | 1.9M | 2.3M |
| Payables And Accrued Expenses | 1.2M | 1.2M | 1.9M | 2.3M |
| Other Current Liabilities | 35.3M | 16.7M | -- | -- |
| Current Liabilities | 39.4M | 20.2M | 2.1M | 2.4M |
| Long Term Debt And Capital Lease Obligation | 548,000 | 338,000 | 463,000 | 561,000 |
| Long Term Capital Lease Obligation | 548,000 | 338,000 | 463,000 | 561,000 |
| Total Non Current Liabilities Net Minority Interest | 548,000 | 338,000 | 463,000 | 1.4M |
| Total Liabilities Net Minority Interest | 40.0M | 20.6M | 2.5M | 3.8M |
| Common Stock | 702.8M | 703.0M | 700.3M | 700.3M |
| Capital Stock | 702.8M | 703.0M | 700.3M | 700.3M |
| Retained Earnings | -732.9M | -697.0M | -676.0M | -651.5M |
| Gains Losses Not Affecting Retained Earnings | 127.3M | 117.3M | 118.4M | 106.7M |
| Common Stock Equity | 97.2M | 123.3M | 142.7M | 155.5M |
| Stockholders Equity | 97.2M | 123.3M | 142.7M | 155.5M |
| Total Equity Gross Minority Interest | 97.2M | 123.3M | 142.7M | 155.5M |
| Total Capitalization | 97.2M | 123.3M | 142.7M | 155.5M |
| Net Tangible Assets | 97.2M | 123.3M | 142.7M | 155.5M |
| Tangible Book Value | 97.2M | 123.3M | 142.7M | 155.5M |
| Working Capital | -21.4M | 899,000 | 14.8M | 21.7M |
| Invested Capital | 99.9M | 125.5M | 142.7M | 155.5M |
| Total Debt | 3.5M | 2.7M | 613,000 | 687,000 |
| Share Issued | 537.8M | 538.5M | 529.8M | 529.8M |
| Ordinary Shares Number | 537.8M | 538.5M | 529.8M | 529.8M |
| Accrued Interest Receivable | 103,000 | 595,000 | 64,000 | 85,000 |
| Capital Lease Obligations | 724,000 | 464,000 | 613,000 | 687,000 |
| Current Capital Lease Obligation | 176,000 | 126,000 | 150,000 | 126,000 |
| Current Deferred Assets | -- | -- | 0.00 | 352,000 |
| Duefrom Related Parties Current | 0.00 | 17,000 | 0.00 | -- |
| Dueto Related Parties Current | 267,000 | 287,000 | 237,000 | 376,000 |
| Leases | 1.2M | 826,000 | 1.0M | -- |
| Machinery Furniture Equipment | 1.6M | 1.6M | 1.6M | 2.6M |
| Other Current Borrowings | 2.8M | 2.2M | -- | -- |
| Other Properties | 46,000 | 46,000 | 31,000 | -- |
| Taxes Receivable | 49,000 | 63,000 | 66,000 | 79,000 |
| Tradeand Other Payables Non Current | -- | -- | 0.00 | 804,000 |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Operating Cash Flow | -17.1M | -22.1M | -24.0M | -32.5M |
| Cash Flow From Continuing Operating Activities | -17.1M | -22.1M | -24.0M | -32.5M |
| Depreciation And Amortization | 162,000 | 164,000 | 259,000 | 329,000 |
| Depreciation Amortization Depletion | 162,000 | 164,000 | 259,000 | 329,000 |
| Stock Based Compensation | 27,000 | 1.1M | 2.3M | 2.9M |
| Change In Working Capital | 1.4M | -1.0M | -1.8M | -4.0M |
| Changes In Account Receivables | 1.0M | -242,000 | -565,000 | -17,000 |
| Change In Receivables | 1.0M | -259,000 | -565,000 | -17,000 |
| Change In Payables And Accrued Expense | 332,000 | -747,000 | -1.3M | -4.0M |
| Change In Payable | 332,000 | -747,000 | -1.3M | -4.0M |
| Other Non Cash Items | -860,000 | -270,000 | -279,000 | -192,000 |
| Capital Expenditure | -- | -- | -31,000 | -- |
| Purchase Of PPE | -- | 0.00 | -31,000 | -- |
| Net PPE Purchase And Sale | 13.8M | 2.8M | 15.4M | -- |
| Investing Cash Flow | 14.6M | 2.9M | 15.7M | 164,000 |
| Cash Flow From Continuing Investing Activities | 14.6M | 2.9M | 15.7M | 164,000 |
| Issuance Of Debt | 0.00 | 20.1M | 0.00 | -- |
| Repayment Of Debt | -146,000 | -153,000 | -129,000 | -231,000 |
| Net Issuance Payments Of Debt | -146,000 | 19.9M | -129,000 | -231,000 |
| Issuance Of Capital Stock | 0.00 | 3.4M | 0.00 | 872,000 |
| Net Common Stock Issuance | 0.00 | 3.4M | 0.00 | 872,000 |
| Financing Cash Flow | -123,000 | 23.3M | -129,000 | 12.2M |
| Cash Flow From Continuing Financing Activities | -123,000 | 23.3M | -129,000 | 12.2M |
| Effect Of Exchange Rate Changes | 616,000 | -121,000 | 297,000 | -49,000 |
| Changes In Cash | -2.7M | 4.1M | -8.4M | -20.1M |
| Beginning Cash Position | 18.2M | 14.2M | 22.3M | 42.5M |
| End Cash Position | 16.1M | 18.2M | 14.2M | 22.3M |
| Free Cash Flow | -17.1M | -22.1M | -24.0M | -32.5M |
| Change In Account Payable | 345,000 | -799,000 | -1.1M | -3.5M |
| Common Stock Issuance | 0.00 | 3.4M | 0.00 | 872,000 |
| Depreciation | 162,000 | 164,000 | 259,000 | 329,000 |
| Gain Loss On Investment Securities | 18.6M | -1.2M | -- | -- |
| Gain Loss On Sale Of PPE | -- | 0.00 | -1,000 | 2,000 |
| Interest Received Cfi | 768,000 | 186,000 | 238,000 | 164,000 |
| Long Term Debt Payments | -146,000 | -153,000 | -129,000 | -231,000 |
| Net Foreign Currency Exchange Gain Loss | -298,000 | 109,000 | 31,000 | 44,000 |
| Net Income From Continuing Operations | -36.1M | -21.0M | -24.4M | -31.5M |
| Net Long Term Debt Issuance | -146,000 | -153,000 | -129,000 | -231,000 |
| Net Other Financing Charges | -- | -59,000 | -- | -400,000 |
| Net Short Term Debt Issuance | 0.00 | 20.1M | 0.00 | 0.00 |
| Operating Gains Losses | 18.3M | -1.1M | 30,000 | 46,000 |
| Proceeds From Stock Option Exercised | 23,000 | 0.00 | -- | 11.9M |
| Sale Of PPE | 13.8M | 2.8M | 15.5M | -- |
| Short Term Debt Issuance | 0.00 | 20.1M | 0.00 | -- |
| Short Term Debt Payments | -- | -- | -- | 0.00 |