NOVAGOLD RESOURCES INC (NG)
NovaGold Resources Inc. (NG) is an enterprise primarily engaged in the discovery and advancement of gold mining properties, with its operational focus predominantly within the United States. A central component of the company's assets is the Donlin Gold project, a significant holding situated in the Kuskokwim region of southwestern Alaska. This expansive site is comprised of 493 individual mining claims, collectively encompassing approximately 29,008 hectares. Founded in 1984, the company initially operated as NovaCan Mining Resources (1985) Limited before rebranding to NovaGold Resources Inc. in March 1987. Its corporate headquarters are located in Vancouver, Canada.
Sector: Gold and Silver Ores
Industry: Gold
NovaGold Resources Inc.
NYSE:NGBasic Materials · Gold
-3.69%$6.01
AH Close$6.01+0.00%vs close
AH Close$6.01+0.00%vs close
Mkt Cap$2.64B
Float312.48M
O/S438.82M
Inst Own75.9%
SI7.5%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$0
Net Income-$94.66M
Total Assets$335.91M
Free Cash Flow-$38.69M
Debt & Equity
Debt 50%
Equity 50%
Total Debt$166.3M
Total Equity$163.79M
Shares Outstanding
Short Interest
Split History
No splits on record
Nothing in NG's public trading history: no forward or reverse split has affected the share count.
Balance Sheet Details
Assets$335.91M
Liabilities$172.12M
Accounts Receivable$1.3M
Accounts Payable$1.98M
Inventory$0
PP&E (Net)$898K
Goodwill$0
Intangible Assets$0
Income Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 | FY 2011 | FY 2010 | FY 2009 | FY 2008 | FY 2007 | FY 2006 | FY 2005 | FY 2004 | FY 2003 | FY 2002 | FY 2001 | FY 2000 | FY 1999 | FY 1998 | FY 1997 | FY 1996 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-11-30 | 2024-11-30 | 2023-11-30 | 2022-11-30 | 2021-11-30 | 2020-11-30 | 2019-11-30 | 2018-11-30 | 2017-11-30 | 2016-11-30 | 2015-11-30 | 2014-11-30 | 2013-11-30 | 2012-11-30 | 2011-11-30 | 2010-11-30 | 2009-11-30 | 2008-11-30 | 2007-11-30 | 2006-11-30 | 2005-11-30 | 2004-11-30 | 2003-11-30 | 2002-11-30 | 2001-11-30 | 2000-11-30 | 1999-11-30 | 1998-11-30 | 1997-11-30 | 1996-11-30 |
| Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $583K | $1.13M | $1.75M | $1.07M | $1.48M | $1.86M | $2.07M | $1.23M | $1.48M | $1.79M | $1.82M | $2.1M | $65K | $70K | $74K |
| YoY Growth | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -48.5% | -35.1% | 63.9% | -28.1% | -20.3% | -10.2% | 68.9% | -17.3% | -17.4% | -1.2% | -13.7% | 3133.3% | -7.4% | -5.3% | - |
| Cost of Revenue | $25K | $21K | $10K | $7K | $7K | $7K | $15K | $21K | $34K | $33K | $33K | $35K | $36K | $471K | $22.37M | $19.25M | $22.33M | $44.48M | $72.11M | $395K | $366K | $2.09M | $256K | $152K | $186K | $1.26M | $1.22M | $0 | $0 | $0 |
| Gross Profit | -$25K | -$21K | -$10K | -$7K | -$7K | -$7K | -$15K | -$21K | -$34K | -$33K | -$33K | -$35K | -$36K | -$471K | -$22.37M | -$18.67M | -$21.2M | -$42.74M | -$71.05M | $1.09M | $1.49M | -$19K | $970K | $1.33M | $1.66M | $551K | $883K | $65K | $70K | $74K |
| Gross Margin | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -3201.0% | -1870.3% | -2447.8% | -6668.3% | 73.3% | 80.3% | -0.9% | 79.1% | 89.8% | 92.3% | 30.4% | 41.9% | 100.0% | 100.0% | 100.0% |
| Research and Development | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $879K | $484K | $1.25M | $1.4M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Selling, General, and Administrative | $14.7M | $24.23M | $21.68M | $19.4M | $19.81M | $19.43M | $16.32M | $17.94M | $21M | $19.9M | $19.17M | $21.21M | $26.12M | $39.5M | $31.26M | $37.73M | $56.15M | $19.65M | $15.45M | $14.13M | $9.58M | $1.9M | $4.15M | $3.18M | $1.35M | $964K | $1.36M | $1.11M | $632K | $519K |
| Other | $32.59M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$26.9M | -$7.34M | $0 | $0 | $0 | -$510K | -$113K | -$6.23M | $1.31M | $0 | $359K | $103K | $272K | $326K | $351K | $148K |
| Total Operating Expenses | $47.29M | $24.23M | $21.68M | $19.4M | $19.81M | $19.43M | $16.32M | $17.94M | $21M | $19.9M | $19.17M | $21.21M | $26.12M | $39.5M | $58.15M | $45.07M | $56.15M | $19.65M | $15.45M | $14.64M | $9.69M | $8.14M | $4.25M | $3.76M | $1.71M | $1.07M | $1.63M | $1.43M | $984K | $668K |
| Operating Income (EBIT) | -$47.32M | -$24.26M | -$21.69M | -$19.4M | -$19.82M | -$19.44M | -$16.33M | -$17.96M | -$21.03M | -$19.93M | -$19.21M | -$21.24M | -$26.15M | -$39.97M | -$80.53M | -$63.74M | -$77.35M | -$62.39M | -$86.49M | -$13.55M | -$8.2M | -$8.15M | -$4.5M | -$2.43M | -$101K | $2.35M | -$1.29M | -$5.4M | -$2.32M | -$594K |
| Operating Margin | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -10929.6% | -6824.3% | -3573.5% | -8118.1% | -914.5% | -441.1% | -393.8% | -366.9% | -163.9% | -5.6% | 129.2% | -61.3% | -8300.6% | -3299.9% | -800.4% |
| Interest Expense | $14.77M | $14.37M | $13.01M | $7.96M | $5.92M | $6.01M | $7.29M | $6.46M | $5.23M | $4.55M | $5.19M | $6.84M | $12.61M | $15.68M | $14.55M | $14.9M | $17.46M | $4.69M | $0 | $647K | $0 | $72K | $2.19M | $322K | $172K | $0 | $475K | $4.04M | $1.41M | $0 |
| Interest Income | $5.11M | $5.23M | $5.77M | $1.59M | $458K | $1.74M | $4.19M | $1.94M | $1.17M | $935K | $740K | $822K | $942K | $1.52M | $395K | $566K | $391K | $1.8M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Income (Expense) | -$47.37M | -$19.42M | -$24.87M | -$32.1M | -$19.8M | -$16.19M | -$10.17M | -$12.09M | -$15.98M | -$13.23M | -$10.9M | -$17.45M | -$30.81M | $24.5M | $14.39M | -$143.37M | -$9.74M | -$88.46M | -$87.03M | -$14.53M | $1M | $1.01M | -$858K | $261K | $101K | -$2.35M | $68K | -$4.04M | -$1.41M | $0 |
| Income Before Tax (EBT) | -$94.66M | -$43.67M | -$46.56M | -$51.5M | -$39.62M | -$35.63M | -$26.5M | -$30.05M | -$37.01M | -$33.16M | -$30.11M | -$38.69M | -$56.96M | -$15.47M | -$66.14M | -$207.11M | -$87.09M | -$150.85M | -$173.52M | -$28.08M | -$7.2M | -$7.14M | -$5.36M | -$2.17M | -$21K | $2.39M | -$1.22M | -$9.44M | -$3.73M | $0 |
| Income Tax Expense | $0 | $704K | $39K | -$32K | $134K | -$810K | $1.28M | $511K | $310K | $274K | $145K | $253K | $3.77M | -$7.82M | -$9.63M | -$1.13M | -$5.75M | $3.25M | -$17.86M | -$1.41M | -$2.23M | $0 | $2.08M | $362K | $466K | -$2.28M | $815K | $130K | -$211K | $223K |
| Net Income | -$94.66M | -$44.38M | -$46.6M | -$51.47M | -$39.75M | -$34.82M | -$27.78M | -$31.73M | -$39.45M | -$33.43M | -$30.25M | -$38.95M | -$60.73M | -$11.94M | -$56.51M | -$198.18M | -$69.59M | -$157.08M | -$109.09M | -$26.66M | -$4.97M | -$7.04M | -$5.36M | -$2.21M | -$314K | $1.76M | -$1.63M | -$5.53M | -$2.11M | -$816K |
| Net Income Margin | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -33981.5% | -6139.2% | -8997.3% | -10238.8% | -1799.7% | -267.4% | -340.2% | -436.9% | -149.0% | -17.5% | 97.1% | -77.4% | -8500.2% | -2999.7% | -1099.6% |
| Supplementary Data | ||||||||||||||||||||||||||||||
| EPS | -0.26 | -0.13 | -0.14 | -0.16 | -0.12 | -0.10 | -0.09 | -0.35 | -0.12 | -0.11 | -0.10 | -0.13 | -0.20 | -0.04 | -0.63 | -0.93 | -0.40 | -1.48 | -0.45 | -0.29 | -0.07 | -0.12 | -0.11 | -0.06 | -0.01 | 0.08 | -0.10 | -0.49 | -0.21 | -0.15 |
| Diluted EPS | -0.26 | -0.13 | -0.14 | -0.16 | -0.12 | -0.10 | -0.09 | -0.35 | -0.12 | -0.11 | -0.10 | -0.13 | -0.20 | -0.04 | -0.53 | -0.93 | -0.40 | -1.48 | -0.45 | -0.29 | -0.07 | -0.12 | -0.11 | -0.06 | -0.01 | 0.05 | -0.10 | -0.49 | -0.21 | -0.15 |
| Weighted Average OS | 374.70M | 334.46M | 334.06M | 333.24M | 331.55M | 329.27M | 325.79M | 322.49M | 321.66M | 319.77M | 317.85M | 311.42M | 313.37M | 272.24M | 236.12M | 213.60M | 172.65M | 105.73M | 99.56M | 91.52M | 66.95M | 59.16M | 48.68M | 35.93M | 24.70M | 20.82M | 17.14M | 11.18M | 10.00M | 5.50M |
| EBITDA | -$79M | -$29.28M | -$33.55M | -$16.64M | -$17.5M | -$14.34M | -$8.7M | -$23.75M | -$31.69M | -$28.63M | -$25.16M | -$32.08M | -$44.73M | $40.77M | $7.84M | -$191.81M | -$69.33M | -$145.42M | -$172.58M | -$27.55M | -$6.69M | -$6.96M | -$4.38M | -$1.67M | $406K | -$412K | -$475K | -$1.43M | -$914K | -$594K |
| EBITDA Margin | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -32889.0% | -6116.3% | -8329.5% | -16198.7% | -1859.7% | -360.1% | -336.4% | -356.9% | -112.7% | 22.6% | -22.7% | -22.6% | -2199.6% | -1300.6% | -800.4% |
Balance Sheet
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 | FY 2011 | FY 2010 | FY 2009 | FY 2008 | FY 2007 | FY 2006 | FY 2005 | FY 2004 | FY 2003 | FY 2002 | FY 2001 | FY 2000 | FY 1999 | FY 1998 | FY 1997 | FY 1996 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-11-30 | 2024-11-30 | 2023-11-30 | 2022-11-30 | 2021-11-30 | 2020-11-30 | 2019-11-30 | 2018-11-30 | 2017-11-30 | 2016-11-30 | 2015-11-30 | 2014-11-30 | 2013-11-30 | 2012-11-30 | 2011-11-30 | 2010-11-30 | 2009-11-30 | 2008-11-30 | 2007-11-30 | 2006-11-30 | 2005-11-30 | 2004-11-30 | 2003-11-30 | 2002-11-30 | 2001-11-30 | 2000-11-30 | 1999-11-30 | 1998-11-30 | 1997-11-30 | 1996-11-30 |
| Assets | ||||||||||||||||||||||||||||||
| Current Assets | ||||||||||||||||||||||||||||||
| Cash and Cash Equivalents | $110.14M | $42.22M | $45.75M | $63.88M | $91.12M | $60.91M | $67.55M | $21M | $27.95M | $30.27M | $41.73M | $70.33M | $81.26M | $254.73M | $64.68M | $148.82M | $36.1M | $9.82M | $97.87M | $93.37M | $28.53M | $47.28M | $46.03M | $13.03M | $268K | $271K | $204K | $65K | $70K | $223K |
| Short-Term Investments | $5M | $58.94M | $80M | $62M | $78M | $61M | $81M | $146M | $56M | $75M | $85M | $95M | $110M | $0 | $0 | $0 | $0 | $0 | $18.37M | $3.1M | $3.03M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Cash and Short-Term Investments | $115.14M | $101.12M | $125.75M | $125.88M | $169.12M | $121.91M | $148.55M | $167M | $83.95M | $105.27M | $126.73M | $165.32M | $191.26M | $254.73M | $64.68M | $148.82M | $36.1M | $9.82M | $116.24M | $96.47M | $31.55M | $47.28M | $46.03M | $13.03M | $268K | $271K | $204K | $65K | $70K | $223K |
| Accounts Receivable | $1.3M | $323K | $345K | $25.36M | $302K | $73.19M | $1.1M | $1.78M | $303K | $547K | $295K | $0 | $0 | $2.03M | $13.53M | $515K | $891K | $1.85M | $11.66M | $2.99M | $2.01M | $557K | $156K | $1.37M | $459K | $256K | $407K | $65K | $70K | $0 |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $506K | $7.96M | $0 | $2.15M | $9.19M | $0 | $47K | $33K | $76K | $59K | $7K | $59K | $340K | $0 | $0 | $0 |
| Other Current Assets | $659K | $101K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $3.73M | $5.55M | $1.07M | $1.7M | $1.89M | $2.04M | $0 | $11.41M | $902K | $573K | $988K | $606K | $168K | $81K | $27K | $0 | $0 | $0 | $223K |
| Total Current Assets | $117.49M | $102.75M | $127.22M | $152.54M | $169.45M | $196.39M | $150.34M | $169.38M | $84.84M | $107.34M | $130.04M | $169.06M | $196.81M | $257.87M | $81.37M | $159.7M | $39.02M | $13.82M | $148.5M | $100.37M | $34.85M | $48.87M | $46.87M | $14.63M | $815K | $614K | $951K | $130K | $141K | $445K |
| Long-Term Assets | ||||||||||||||||||||||||||||||
| Property, Plant & Equipment Net | $898K | $1.01M | $898K | $958K | $423K | $634K | $42K | $39K | $45.23M | $43.42M | $43.7M | $50.9M | $54.81M | $777K | $598.89M | $603.28M | $664.93M | $577.71M | $924.95M | $374.11M | $192.42M | $126.34M | $29.79M | $18.72M | $9.24M | $8.97M | $12.09M | $5.79M | $7.45M | $6.98M |
| Goodwill | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Intangible Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $303K | $547K | $295K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Investments | $213.2M | $5.98M | $5.17M | $5.69M | $5.41M | $4.02M | $2.77M | $2.05M | $254.01M | $243.47M | $244.53M | $285.77M | $308.74M | $388.83M | $6.69M | $7.22M | $7.26M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Deferred Tax Assets | $0 | $0 | $0 | $0 | $0 | $0 | $751K | $80K | $9.76M | $9.4M | $9.71M | $11.45M | $9.73M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Assets | $4.33M | $0 | $0 | $0 | $23.57M | $23.41M | $92.68M | $89.46M | $1.36M | $1.11M | $1.12M | $7.38M | $8.6M | $12.53M | $15.83M | $16.18M | $27.42M | $32.94M | $96.2M | $20.86M | $4.23M | $2.07M | $347K | $344K | $1.37M | $69K | $679K | $586K | $1.48M | $2M |
| Total Long-Term Assets | $218.43M | $7M | $6.07M | $6.65M | $29.4M | $28.05M | $95.5M | $91.55M | $314.03M | $300.92M | $303.54M | $355.49M | $381.88M | $402.15M | $621.41M | $626.69M | $699.61M | $610.64M | $1.02B | $394.97M | $196.65M | $128.41M | $30.14M | $19.06M | $10.6M | $9.04M | $12.77M | $6.38M | $8.92M | $8.98M |
| Other Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Assets | $335.91M | $109.75M | $133.29M | $159.19M | $198.85M | $224.44M | $245.84M | $260.93M | $398.87M | $408.26M | $433.58M | $524.55M | $578.69M | $660.02M | $702.78M | $786.39M | $738.63M | $624.46M | $1.17B | $495.33M | $231.5M | $177.28M | $77.01M | $33.69M | $11.42M | $9.65M | $13.72M | $6.51M | $9.07M | $9.42M |
| Liabilities | ||||||||||||||||||||||||||||||
| Current Liabilities | ||||||||||||||||||||||||||||||
| Accounts Payable | $1.98M | $1.37M | $703K | $769K | $682K | $900K | $880K | $710K | $591K | $652K | $0 | $0 | $0 | $2.03M | $0 | $0 | $0 | $28.87M | $93.49M | $34.03M | $7.6M | $5.78M | $3.68M | $3.9M | $2.38M | $2.11M | $1.7M | $1.82M | $1.19M | $1.41M |
| Short-Term Debt | $176K | $169K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $15.11M | $0 | $73.61M | $0 | $12.7M | $667K | $0 | $0 | $175K | $171K | $168K | $154K | $128K | $127K | $0 | $0 | $0 | $0 | $0 |
| Current Income Tax Payable | $0 | $220K | $0 | $0 | $0 | $5K | $138K | $223K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Liabilities | $125K | $78K | $212K | $1.16M | $840K | $1.08M | $1.06M | $182K | $182K | $214K | $3.51M | $4.11M | $4.35M | $33.09M | $45.24M | $17.21M | $13.23M | $388K | $32.81M | $627K | $873K | $757K | $875K | $0 | $996 | $130K | $0 | $0 | $0 | $74K |
| Total Current Liabilities | $4.94M | $4.49M | $3.91M | $4.6M | $4.38M | $3.51M | $3.34M | $3.66M | $3.42M | $3.05M | $3.52M | $19.23M | $4.35M | $112.41M | $45.24M | $29.9M | $13.9M | $29.26M | $126.5M | $35.02M | $8.65M | $6.71M | $4.71M | $4.03M | $2.51M | $2.24M | $2.51M | $1.95M | $1.62M | $2.52M |
| Long-Term Liabilities | ||||||||||||||||||||||||||||||
| Long-Term Debt | $166.3M | $151.37M | $136.75M | $123.69M | $115.72M | $109.8M | $103.79M | $96.5M | $90.04M | $84.81M | $80.26M | $76.15M | $85.3M | $68K | $128.66M | $121.97M | $113.53M | $105.04M | $0 | $0 | $0 | $0 | $0 | $0 | $774K | $2.05M | $1.77M | $0 | $0 | $0 |
| Long-Term Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | -$104.54M | -$96.58M | -$90.04M | -$84.81M | -$80.26M | -$76.15M | -$108.6M | $0 | $0 | $15.66M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $751K | $80K | $21.38M | $20.14M | $20.51M | $24.05M | $23.3M | $0 | $0 | $7.06M | $8.06M | $11.55M | $44.3M | $43.77M | $29.45M | $25.49M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Liabilities | $0 | $400K | $250K | $200K | $280K | $0 | $0 | $0 | -$208K | $0 | $0 | $0 | $83K | $68.31M | $34.22M | $136.15M | $61.42M | $73.4M | $139.06M | $29.82M | $554K | $640K | $504K | $956K | $951K | $1.03M | $7.13M | $4.82M | $3.37M | $2.89M |
| Total Long-Term Liabilities | $167.18M | $152.68M | $137.61M | $124.69M | $116.19M | $110.2M | $104.54M | $96.58M | $111.42M | $104.95M | $100.77M | $100.2M | $108.68M | $68.38M | $162.89M | $156.97M | $142.51M | $156.72M | $183.36M | $73.59M | $30M | $26.13M | $504K | $956K | $1.73M | $3.08M | $8.9M | $4.82M | $3.37M | $2.89M |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $172.12M | $157.17M | $141.51M | $129.29M | $120.57M | $113.71M | $107.88M | $100.24M | $114.84M | $108M | $104.29M | $119.43M | $113.04M | $180.79M | $208.13M | $186.88M | $156.41M | $185.98M | $309.86M | $108.62M | $38.65M | $32.84M | $5.21M | $4.99M | $4.24M | $5.32M | $11.41M | $6.77M | $4.99M | $5.42M |
| Stockholders' Equity | ||||||||||||||||||||||||||||||
| Preferred Stock | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock | $2.25B | $1.99B | $1.99B | $1.98B | $1.98B | $1.97B | $1.97B | $1.95B | $1.95B | $1.94B | $1.94B | $1.94B | $1.93B | $1.46M | $0 | $1.06B | $830.18M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Retained Earnings | -$2.2B | -$2.1B | -$2.06B | -$2.01B | -$1.96B | -$1.92B | -$1.89B | -$1.86B | -$1.74B | -$1.71B | -$1.67B | -$1.64B | -$1.6B | -$1.51B | -$996.47M | -$859.04M | -$635.58M | -$481.21M | -$163.57M | -$104.15M | -$75.72M | -$69.59M | -$57.21M | -$43.01M | -$40.59M | -$41.26M | -$44.89M | -$41.47M | -$38.79M | -$38.74M |
| Comprehensive Income & Other | -$25.05M | -$25.11M | -$24.47M | -$24.42M | -$23.29M | -$23.88M | -$24.81M | -$24.48M | -$6.17M | -$18.86M | -$17.68M | $34.84M | $64.5M | $5.83M | -$77K | $1.42M | $468K | $677.66M | $44.82M | $22.65M | $17.81M | $5.58M | $649K | $524K | $478K | $586K | $611K | -$65K | $0 | -$74K |
| Other Stockholders' Equity | $111.64M | $68.27M | $64.15M | $58.45M | $58.93M | $57.33M | $57.45M | $63.51M | $77.36M | $63.71M | $63.09M | $108.88M | $131.31M | $1.99B | $1.21B | $110.36M | $110.38M | $685.69M | $805.73M | $490.87M | $268.57M | $214.04M | $121.97M | $71.71M | $47.77M | $45.59M | $47.2M | $41.21M | $42.23M | $42M |
| Total Equity | $163.79M | -$47.42M | -$8.22M | $29.9M | $78.28M | $110.73M | $137.95M | $160.69M | $284.03M | $300.26M | $329.3M | $405.12M | $465.65M | $479.23M | $216.3M | $307.91M | $304.97M | $204.48M | $642.15M | $386.72M | $192.85M | $144.45M | $64.76M | $28.71M | $7.18M | $4.33M | $2.31M | -$260K | $3.44M | $3.27M |
| Minority Interest | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $278.36M | $291.6M | $277.25M | $234M | $217.65M | $0 | $0 | $0 | $7.03M | $0 | $0 | $0 | $0 | $0 | $632K | $742K |
| Total Liabilities and Equity | $335.91M | $109.75M | $133.29M | $159.19M | $198.85M | $224.44M | $245.84M | $260.93M | $398.87M | $408.26M | $433.58M | $524.55M | $578.69M | $660.02M | $424.43M | $494.79M | $461.38M | $390.46M | $952.01M | $495.33M | $231.5M | $177.28M | $69.98M | $33.69M | $11.42M | $9.65M | $13.72M | $6.51M | $8.43M | $8.68M |
| Supplementary Data | ||||||||||||||||||||||||||||||
| Total Debt | $166.3M | $152.45M | $137.55M | $124.63M | $116.13M | $110.41M | $103.79M | $96.5M | $90.04M | $84.81M | $80.26M | $91.27M | $85.3M | $140.6M | $129.17M | $135.58M | $116.1M | $72.21M | $200K | $175K | $171K | $168K | $154K | $128K | $901K | $2.05M | $2.58M | $130K | $422K | $1.04M |
| Net Debt | $56.15M | $110.23M | $91.8M | $60.75M | $25.01M | $49.51M | $36.24M | $75.5M | $62.09M | $54.54M | $38.53M | $20.94M | $4.04M | -$114.13M | $64.49M | -$13.24M | $80M | $62.39M | -$97.67M | -$93.2M | -$28.35M | -$47.11M | -$45.88M | -$12.9M | $633K | $1.78M | $2.38M | $65K | $351K | $816K |
Cash Flow Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 | FY 2011 | FY 2010 | FY 2009 | FY 2008 | FY 2007 | FY 2006 | FY 2005 | FY 2004 | FY 2003 | FY 2002 | FY 2001 | FY 2000 | FY 1999 | FY 1998 | FY 1997 | FY 1996 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-11-30 | 2024-11-30 | 2023-11-30 | 2022-11-30 | 2021-11-30 | 2020-11-30 | 2019-11-30 | 2018-11-30 | 2017-11-30 | 2016-11-30 | 2015-11-30 | 2014-11-30 | 2013-11-30 | 2012-11-30 | 2011-11-30 | 2010-11-30 | 2009-11-30 | 2008-11-30 | 2007-11-30 | 2006-11-30 | 2005-11-30 | 2004-11-30 | 2003-11-30 | 2002-11-30 | 2001-11-30 | 2000-11-30 | 1999-11-30 | 1998-11-30 | 1997-11-30 | 1996-11-30 |
| Operating Activities | ||||||||||||||||||||||||||||||
| Net Income | -$39.53M | -$45.62M | -$46.8M | -$53.34M | -$40.54M | -$33.56M | -$27.76M | -$112.77M | -$39.02M | -$33.85M | -$31.95M | -$40.48M | -$62.76M | $68.09M | -$184.24M | -$199.65M | -$69.36M | -$156.66M | -$44.74M | -$26.68M | -$4.97M | -$7.05M | -$5.36M | -$2.21M | -$314K | $1.76M | -$1.56M | -$5.53M | -$2.11M | -$816K |
| Depreciation & Amortization | $884K | $21K | $10K | $7K | $7K | $7K | $15K | $22K | $34K | $33K | $35K | $36K | $37K | $104K | $398K | $517K | $244K | $229K | $286K | $211K | $184K | $177K | $122K | $176K | $148K | $103K | $272K | $0 | $0 | $0 |
| Deferred Income Tax | $0 | $0 | $0 | $0 | $15.4M | -$751K | $671K | $80K | $382K | -$4.28M | -$829K | -$562K | $2.99M | -$6.93M | $1.49M | -$1.14M | -$5.73M | $3.24M | -$16.55M | -$1.41M | -$2.23M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Stock-Based Compensation | $0 | $0 | $8.73M | $8.21M | $8.23M | $7.06M | $6.18M | $7.73M | $10.29M | $10.26M | $9.49M | $10.2M | $12.3M | $19.17M | $7.46M | $4.86M | $9.1M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Changes in Working Capital: | ||||||||||||||||||||||||||||||
| Accounts Receivable | $115K | $0 | $0 | -$51K | -$117K | $0 | $0 | $0 | $0 | $0 | $908K | $3.32M | -$89K | -$12K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Inventory | -$125K | $0 | $0 | -$30K | -$256K | $0 | $0 | $0 | $0 | $0 | $288K | $2.26M | -$1.66M | $0 | $0 | -$108K | -$294K | -$4.85M | -$8.85M | $0 | -$14K | $51K | -$5K | -$52K | $51K | $239K | -$204K | $0 | $0 | $0 |
| Accounts Payable | $181K | $559K | -$62K | $128K | -$240K | -$137K | $84K | $233K | $52K | -$225K | -$288K | -$2.26M | $1.66M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Working Capital | -$670K | -$191K | -$473K | -$2.1M | $2.4M | $2K | $244K | -$1.43M | $1.35M | $2.02M | -$449K | -$146K | -$1.5M | -$27.01M | $0 | -$3.68M | $3.28M | -$21.67M | $3.74M | $0 | -$1.76M | -$723K | -$451K | $572K | $245K | $1.74M | $407K | $651K | $281K | -$1.56M |
| Total Working Capital Change | -$499K | $368K | -$535K | -$2.06M | $1.78M | -$135K | $328K | -$1.2M | $1.4M | $1.8M | $459K | $3.17M | -$1.59M | -$27.01M | $9.26M | -$3.79M | $2.99M | -$26.52M | -$5.11M | $21.58M | -$1.77M | -$672K | -$456K | $520K | $296K | $1.98M | $204K | $651K | $281K | -$1.56M |
| Other Non-Cash Items | $459K | $32.59M | $30.81M | $34.81M | $5.24M | $17.37M | $14.44M | $95.74M | $18.62M | $14.33M | $11.37M | $17.83M | $29.53M | -$142.38M | $86.87M | $141.95M | $5.58M | $83.81M | $5.84M | $3.56M | $3.65M | $4.85M | $1.84M | $595K | $446K | -$3.04M | $1.09M | $4.04M | $1.05M | $0 |
| Net Cash from Operating | -$38.69M | -$12.64M | -$7.79M | -$12.37M | -$9.86M | -$10.02M | -$6.13M | -$10.39M | -$8.28M | -$11.7M | -$11.43M | -$9.81M | -$19.49M | -$88.95M | -$78.77M | -$57.26M | -$57.18M | -$95.9M | -$60.29M | -$2.74M | -$5.13M | -$2.7M | -$3.85M | -$918K | $575K | $805K | $0 | -$846K | -$773K | -$2.37M |
| Investing Activities | ||||||||||||||||||||||||||||||
| Capital Expenditures | $0 | $0 | $0 | $0 | $200K | -$65.72M | $0 | $102.45M | $0 | -$90.27M | $0 | -$21K | -$78K | -$573K | -$6.9M | -$2.05M | -$26.16M | -$164.34M | -$367.67M | -$95.62M | -$65.08M | -$22.56M | -$6.09M | -$9.07M | -$2.17M | -$588K | -$2.85M | -$4.36M | -$2.04M | -$1.78M |
| Acquisitions | $0 | $723K | -$17.75M | -$28.43M | -$17.59M | -$15.28M | -$11.12M | -$8.91M | -$12.97M | -$9.73M | -$10.96M | -$15.95M | -$18.79M | $1.05M | -$25.23M | -$1.01M | $7.26M | $0 | $0 | $0 | $0 | $0 | -$1.7M | $0 | $0 | -$13K | $0 | $0 | $0 | $0 |
| Purchases of Investments | -$237.63M | -$127.86M | -$182.97M | -$132M | -$158.8M | -$61M | -$154M | -$152M | -$132.9M | -$90M | -$125M | -$200M | -$110M | $0 | -$261K | -$21.31M | -$11.36M | $0 | -$5.66M | -$2.63M | -$3.07M | -$993K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Sales of Investments | $59.98M | $136.18M | $148M | $148M | $141.58M | $81M | $219M | $62M | $151.9M | $100M | $135M | $215M | $0 | $0 | $8.04M | $63K | $3.56M | $15.11M | $5.88M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Investing Activities | $0 | $313K | $42.39M | $73K | $75M | $65.72M | -$17K | -$13K | -$28K | $90.27M | -$964 | -$967 | $25K | $0 | $3.84M | $1.03M | -$2.6M | $17.15M | -$68.44M | -$6.82M | $1.76M | $1.33M | $7.16M | $0 | $0 | $0 | -$68K | $1.63M | $141K | -$594K |
| Net Cash from Investing | -$177.65M | $9.36M | -$10.33M | -$12.36M | $40.39M | $4.72M | $53.86M | $3.53M | $6M | $268K | -$964K | -$967K | -$128.85M | $481K | -$20.52M | -$23.27M | -$29.3M | -$132.08M | -$435.9M | -$105.06M | -$66.39M | -$22.22M | -$635K | -$9.07M | -$2.17M | -$600K | -$2.85M | -$2.73M | -$1.9M | -$2.37M |
| Financing Activities | ||||||||||||||||||||||||||||||
| Debt Repaid | - | - | - | - | - | - | - | - | - | - | $15.83M | - | $79.17M | - | $23.27M | - | - | -$90.59M | - | - | - | - | - | $728K | $610K | $132K | -$2.04M | $260K | $562K | $2.82M |
| Common Stock Issuance | $259.71M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $54.36M | $323.58M | $14.18M | $175.57M | $88.82M | $336K | $223.35M | $171.99M | $51.98M | $21.83M | $35.49M | $23.47M | $2.33M | $912 | $543K | $2.08M | $2.46M | $7.12M |
| Common Stock Repurchases | $0 | -$174K | $0 | $0 | $0 | $0 | $0 | $0 | -$196 | -$4K | -$827 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Dividends Paid | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Financing Activities | -$218.8M | $0 | $0 | -$2.12M | -$731K | -$1.65M | -$1.2M | $0 | -$196K | -$4K | $843K | $0 | $1.76M | -$40M | -$16.62M | $16.32M | $22.19M | $68.54M | $264.17M | $0 | $0 | -$31K | $0 | $0 | -$118K | -$0 | $407K | $1.69M | $703K | $668K |
| Net Cash from Financing | $40.92M | -$174K | $0 | -$2.12M | -$731K | -$1.65M | -$1.2M | $0 | -$196K | -$4K | -$15.83M | $27.77M | -$24.81M | $283.7M | $17.03M | $191.9M | $111.01M | $159.13M | $487.52M | $171.99M | $51.98M | $21.83M | $35.49M | $22.75M | $1.6M | -$131K | $2.99M | $3.52M | $2.6M | $4.97M |
| Forex Effect | $141.32M | -$64K | -$19K | -$387K | $420K | $305K | $8K | -$86K | $152K | -$29K | -$375K | -$162K | -$256K | -$1.48M | -$0 | -$0 | $0 | $998 | $1K | $1K | -$1 | $47K | -$681K | -$999 | $0 | $0 | $0 | $0 | -$70K | $0 |
| Net Change in Cash | -$34.11M | -$3.52M | -$18.13M | -$27.24M | $30.22M | -$6.64M | $46.55M | -$6.95M | -$2.32M | -$11.46M | -$28.59M | -$10.94M | -$173.41M | $193.75M | -$82.26M | $111.37M | $24.54M | -$68.85M | -$8.66M | $64.18M | -$19.54M | -$3.04M | $30.32M | $12.76M | $4K | $74K | $136K | $0 | -$141K | $223K |
| Supplementary Data | ||||||||||||||||||||||||||||||
| Operating Cash Flow | -$38.69M | -$12.64M | -$7.79M | -$12.37M | -$9.86M | -$10.02M | -$6.13M | -$10.39M | -$8.28M | -$11.7M | -$11.43M | -$9.81M | -$19.49M | -$88.95M | -$78.77M | -$57.26M | -$57.18M | -$95.9M | -$60.29M | -$2.74M | -$5.13M | -$2.7M | -$3.85M | -$918K | $575K | $805K | $0 | -$846K | -$773K | -$2.37M |
| Capital Expenditure | $0 | $0 | $0 | $0 | $200K | -$65.72M | $0 | $102.45M | $0 | -$90.27M | $0 | -$21K | -$78K | -$573K | -$6.9M | -$2.05M | -$26.16M | -$164.34M | -$367.67M | -$95.62M | -$65.08M | -$22.56M | -$6.09M | -$9.07M | -$2.17M | -$588K | -$2.85M | -$4.36M | -$2.04M | -$1.78M |
| Free Cash Flow | -$38.69M | -$12.64M | -$7.79M | -$12.37M | -$9.66M | -$75.74M | -$6.13M | $92.06M | -$8.28M | -$101.96M | -$11.43M | -$9.83M | -$19.57M | -$89.52M | -$85.67M | -$59.31M | -$83.34M | -$260.24M | -$427.96M | -$98.35M | -$70.21M | -$25.26M | -$9.95M | -$9.99M | -$1.6M | $218K | -$2.85M | -$5.21M | -$2.81M | -$4.16M |
| Cash at Beginning | $42.22M | $45.75M | $63.88M | $91.12M | $60.91M | $67.55M | $21M | $27.95M | $30.27M | $41.73M | $70.33M | $81.26M | $254.67M | $60.98M | $146.93M | $37.45M | $11.56M | $78.67M | $106.53M | $29.19M | $48.07M | $50.32M | $15.71M | $270K | $264K | $197K | $68K | $65K | $211K | $0 |
| Cash at End | $8.12M | $42.22M | $45.75M | $63.88M | $91.12M | $60.91M | $67.55M | $21M | $27.95M | $30.27M | $41.73M | $70.33M | $81.26M | $254.73M | $64.68M | $148.82M | $36.1M | $9.82M | $97.87M | $93.37M | $28.53M | $47.28M | $46.03M | $13.03M | $268K | $271K | $204K | $65K | $70K | $223K |