TMQ · XBRL financial data

Trilogy Metals financial statements, every fiscal year

The same tables from 6 filings, lined up. Matched by XBRL tag: renamed lines keep their history.

How these numbers work

Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
* marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
0 means a filing states zero; a dash (—) means no filing states that number.
“year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
Shares outstanding come from each filing's cover page, as of the date printed there.
Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.

Income statement

Fiscal years (TMQ's year ends in late November)

In thousands of dollars	FY 2020Nov 30, 2020	FY 2021Nov 30, 2021	FY 2022Nov 30, 2022	FY 2023Nov 30, 2023	FY 2024Nov 30, 2024	FY 2025Nov 30, 2025
Research and development	1,065	—	—	—	—	—
General and administrative	1,650	1,517	1,287	1,328	1,218	1,330
Total operating expenses	12,164	8,616	6,925	—	—	—
Income tax expense (benefit)	0	0	0	0	0	0
Net income (loss)	161,767	(21,660)	(24,257)	(14,951)	(8,587)	(42,241)
Earnings per share, basic USD per share	1.14	(0.15)	(0.17)	(0.10)	(0.05)	(0.26)
Earnings per share, diluted USD per share	1.12	(0.15)	(0.17)	(0.10)	(0.05)	(0.26)
Weighted average shares, basic thousands of shares	141,465	144,429	145,722	152,647	159,829	164,818
Weighted average shares, diluted thousands of shares	144,605	144,429	145,722	152,647	159,829	164,818

Fiscal years (TMQ's year ends in late November)

In thousands of dollars	FY 2020Nov 30, 2020	FY 2021Nov 30, 2021	FY 2022Nov 30, 2022	FY 2023Nov 30, 2023	FY 2024Nov 30, 2024	FY 2025Nov 30, 2025
Cash and cash equivalents	11,125	6,308	2,573	2,590	25,834	51,613
Accounts receivable	129	19	17	33	16	118
Total current assets	11,438	6,612	2,910	2,882	26,045	51,924
Property and equipment, net	206	29	12	4	—	—
Right-of-use asset	476	482	319	113	155	117
Total assets	185,265	167,305	145,995	138,020	133,697	157,304
Accrued liabilities	198	105	36	54	62	311
Total current liabilities	1,046	1,031	534	465	793	33,113
Lease liability, non-current	408	235	33	—	110	70
Total liabilities	1,454	1,266	567	465	903	33,183
Accumulated deficit	(20,945)	(42,605)	(66,862)	(81,813)	(90,400)	(132,641)
Total stockholders' equity	183,811	166,039	145,428	137,555	132,794	124,121
Total liabilities and equity	185,265	167,305	145,995	138,020	133,697	157,304
Common shares outstanding (cover page) thousands of shares	144,186	145,464	148,723	159,749	163,941	172,546

Fiscal years (TMQ's year ends in late November)

In thousands of dollars	FY 2020Nov 30, 2020	FY 2021Nov 30, 2021	FY 2022Nov 30, 2022	FY 2023Nov 30, 2023	FY 2024Nov 30, 2024	FY 2025Nov 30, 2025
Net income (loss)	161,767	(21,660)	(24,257)	(14,951)	(8,587)	(42,241)
Stock-based compensation	(3,564)	(3,472)	(3,427)	(3,753)	(3,520)	(3,336)
Net cash from operating activities	(8,251)	(5,117)	(3,935)	(3,093)	(1,828)	(3,248)
Net cash from investing activities	—	(119)	142	—	25,000	(1,000)
Proceeds from issuing common stock	—	—	—	—	—	25,000
Net cash from financing activities	217	416	54	3,115	74	30,010
Net change in cash	(8,034)	—	—	—	—	—

SIC 1040 and related industry codes, similar size. Each row is the latest quarter reported.

How peers are chosen

SIC 1040 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
Runway shows only for companies burning cash with under $10B of public float.
* marks a quarter worked out from the filing totals: for a 10-Q, the year-to-date total less the earlier one.
A cell reading “not reported” means the filings give no figure for that quarter alone.
A cell reading “year only” links to a 10-K that gives only the full year: without all three earlier quarters there is no fourth quarter to work out, and the year total is never shown as a quarter.

Company	Cash ($K)	Revenue, quarter ($K)	Operating cash flow, quarter ($K)	Shares outstanding	Runway	Quarter
Trilogy Metals	31,209	not reported	(1,114)*	181.4M	19.1 quarters	Q3 FY26 10-QAug 31, 2026
Vista Gold	49,536	0	(2,521)*	146.0M	19.6 quarters	Q2 FY26 10-QJun 30, 2026
Rare Element Resources	26,809	0*	(3,466)*	645.4M	8.2 quarters	Q2 FY26 10-QJun 30, 2026
Hycroft Mining Holding	211,217	not reported	(7,655)*	93.2M	11.9 quarters	Q3 FY26 10-QSep 30, 2026
Idaho Strategic Resources	8,235	10,732	4,945*	15.8M	—	Q2 FY26 10-QJun 30, 2026
Fortitude Gold	13,545	8,203	(4,358)*	28.6M	3.1 quarters	Q2 FY26 10-QJun 30, 2026
Nova Minerals	26,784	not reported	year only	38.2M	—	Q4 FY26 10-KJun 30, 2026
Solitario Resources	509	not reported	(1,375)*	94.7M	6.6 quarters	Q2 FY26 10-QJun 30, 2026
Ur-Energy	95,252	14,373	(12,006)*	397.9M	7.9 quarters	Q2 FY26 10-QJun 30, 2026

Not investment advice. Not affiliated with the U.S. SEC.