Inception Mining Inc. financial data

Symbol
IMII on OTC
Industry
Gold and Silver Ores
Location
5330 So 900 E, Ste 280, Murray, UT
State of incorporation
Nevada
Fiscal year end
December 31
Former names
GOLD AMERICAN MINING CORP. (to 4/3/2013), SILVER AMERICA, INC. (to 6/21/2010), Golf Alliance CORP (to 3/10/2010), GOLF ALLIANCE CORP (to 3/10/2010)
Latest financial report
10-Q - Q1 2024 - May 29, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 50.2 % +1437%
Quick Ratio 2.05 % +17.2%
Debt-to-equity -156 % -45.6%
Return On Equity -76.6 % -776%
Return On Assets -231 % -132%
Operating Margin -36.3 %

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 2.64B shares +6.33%
Common Stock, Shares, Outstanding 2.64B shares +6.33%
Entity Public Float 250K USD -16.2%
Common Stock, Value, Issued 26.4K USD +6.33%
Weighted Average Number of Shares Outstanding, Basic 2.64B shares +55.7%
Weighted Average Number of Shares Outstanding, Diluted 2.64B shares -99.4%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 3.55M USD -53.6%
Cost of Revenue 2.12M USD -29.1%
General and Administrative Expense 898K USD +10.5%
Operating Income (Loss) -899K USD -10.5%
Nonoperating Income (Expense) -1.96M USD -127%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -2.86M USD -144%
Income Tax Expense (Benefit) 0 USD
Net Income (Loss) Attributable to Parent -2.79M USD -123%
Earnings Per Share, Basic 0 USD/shares -100%
Earnings Per Share, Diluted 0 USD/shares

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 1.1K USD -96.7%
Accounts Receivable, after Allowance for Credit Loss, Current 1.35M USD +6464%
Inventory, Net 739K USD +70%
Assets, Current 5.62K USD -99.5%
Property, Plant and Equipment, Net 3.08K USD -19.1%
Operating Lease, Right-of-Use Asset 6.17K USD -68.8%
Other Assets, Noncurrent 531 USD 0%
Assets 15.4K USD -99.4%
Accounts Payable, Current 368K USD +62.8%
Accrued Liabilities, Current 994K USD +200%
Liabilities, Current 684K USD -61.2%
Operating Lease, Liability, Noncurrent 0 USD -100%
Liabilities 694K USD -74.3%
Accumulated Other Comprehensive Income (Loss), Net of Tax 0 USD
Retained Earnings (Accumulated Deficit) -29.2M USD -10.6%
Stockholders' Equity Attributable to Parent -2.68M USD -5188%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest -2.42M USD +92.9%
Liabilities and Equity 15.4K USD -99.4%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -32.8K USD -103%
Net Cash Provided by (Used in) Financing Activities 32.8K USD
Net Cash Provided by (Used in) Investing Activities 0 USD
Common Stock, Shares Authorized 10.3B shares 0%
Common Stock, Shares, Issued 2.64B shares +6.33%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect 26.2K USD -35.7%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 40.6K USD +1533%
Interest Paid, Excluding Capitalized Interest, Operating Activities 5.12K USD -96.5%
Deferred Tax Assets, Valuation Allowance 4.53M USD +153%
Operating Lease, Liability 6.17K USD -68.8%
Depreciation 181 USD +1.12%
Payments to Acquire Property, Plant, and Equipment 3.98K USD -83%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -2.79M USD -123%
Lessee, Operating Lease, Liability, to be Paid 10.5K USD
Property, Plant and Equipment, Gross 27K USD 0%
Operating Lease, Liability, Current 6.17K USD -54.7%
Lessee, Operating Lease, Liability, to be Paid, Year Two 10.5K USD
Lessee, Operating Lease, Liability, to be Paid, Year One 10.5K USD
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 1.59K USD -47.8%
Deferred Tax Assets, Operating Loss Carryforwards 851K USD -64.6%
Preferred Stock, Shares Issued 51 shares 0%
Preferred Stock, Shares Authorized 10M shares 0%
Operating Lease, Payments 3.73K USD -6.4%
Additional Paid in Capital 26.5M USD +0.59%
Preferred Stock, Shares Outstanding 51 shares 0%
Depreciation, Depletion and Amortization 181 USD +1.12%
Deferred Tax Assets, Net of Valuation Allowance 0 USD
Interest Expense 153K USD -93.6%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%