Ameriwest Critical Metals Inc. (AWLIF)
Ameriwest Lithium Inc., established in 2017 and based in Vancouver, Canada, is an enterprise focused on securing, exploring, and developing natural resource assets across both Canada and the United States. The company's primary exploration efforts target several promising lithium properties. In Nevada, these include the Deer Musk East property, encompassing 283 claims over 5,500 acres within the highly productive Clayton Valley; the Railroad Valley property, which comprises 462 claims spanning approximately 9,097 acres; and the Edwards Creek Valley property, featuring 1,243 adjoining claims that cover 22,200 acres. Additionally, Ameriwest holds the Thompson Valley property in Yavapai County, Arizona, an asset that totals 2,859 acres. Beyond these, its diverse resource holdings also feature the ESN project in White Pine County, Nevada; the Koster Dam property, situated in British Columbia's Clinton Mining Division; and the Quet and Fire property, also located in Canada. The company, originally incorporated as Oakley Ventures Inc., rebranded as Ameriwest Lithium Inc. in April 2021.
Industry: Industrial Materials
Ameriwest Lithium Inc.
OTC:AWLIFBasic Materials · Industrial Materials
-0.62%$0.1391
Mkt Cap$5.13M
Float12.65M
O/S36.9M
Inst Own-
SI0.2%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$0
Net Income-$1.03M
Total Assets$5.55M
Free Cash Flow-$1.16M
Debt & Equity
Equity 100%
Total Debt$0
Total Equity$5.26M
Shares Outstanding
Short Interest
Split History1 split · 1 reverse
- 1:6Reverse splitDec 7, 20236 shares → 1
Balance Sheet Details
Assets$5.55M
Liabilities$294K
Accounts Receivable$0
Accounts Payable$253K
Inventory$0
PP&E (Net)$4.03M
Goodwill$0
Intangible Assets$0
Income Statement
| Period | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2026-04-30 | 2025-04-30 | 2024-04-30 | 2023-04-30 | 2022-04-30 | 2021-04-30 | 2020-04-30 | 2019-04-30 | 2018-04-30 |
| Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| YoY Growth | - | - | - | - | - | - | - | - | - |
| Cost of Revenue | $3K | $5K | $25K | $34K | $38K | $0 | $0 | $0 | $0 |
| Gross Profit | -$3K | -$5K | -$25K | -$34K | -$38K | $0 | $0 | $0 | $0 |
| Gross Margin | - | - | - | - | - | - | - | - | - |
| Research and Development | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Selling, General, and Administrative | $789K | $170 | $545K | $891K | $6.74M | $459K | $65K | $58K | $87K |
| Other | $0 | $0 | $620K | $1.99M | $0 | -$76K | -$4K | $0 | $0 |
| Total Operating Expenses | $789K | $170 | $1.16M | $2.88M | $6.74M | $383K | $61K | $58K | $80K |
| Operating Income (EBIT) | -$793K | -$170 | -$545K | -$1.16M | -$6.78M | -$383K | -$61K | -$58K | -$80K |
| Operating Margin | - | - | - | - | - | - | - | - | - |
| Interest Expense | $79K | $23K | $18K | $7K | $5K | $152 | $133 | $0 | $0 |
| Interest Income | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Income (Expense) | -$238K | -$3K | -$993K | -$1.81M | -$40K | -$68K | -$3K | $451 | $0 |
| Income Before Tax (EBT) | -$1.03M | -$3K | -$1.54M | -$2.96M | -$6.82M | -$451K | -$64K | -$58K | -$80K |
| Income Tax Expense | $0 | $0 | $0 | $75K | $32K | $0 | $0 | -$58 | $0 |
| Net Income | -$1.03M | -$3K | -$1.54M | -$3.04M | -$6.85M | -$451K | -$64K | -$58K | -$80K |
| Net Income Margin | - | - | - | - | - | - | - | - | - |
| Supplementary Data | |||||||||
| EPS | -0.06 | -0.30 | -0.17 | -0.42 | -1.30 | -0.02 | -0.03 | -0.03 | -0.04 |
| Diluted EPS | -0.06 | -0.30 | -0.17 | -0.43 | -1.30 | -0.02 | -0.03 | -0.03 | -0.04 |
| Weighted Average OS | 25.35M | 13.74M | 12.38M | 9.84M | 7.39M | 27.31M | 2.82M | 2.82M | 2.82M |
| EBITDA | -$789K | $2K | -$545K | -$1.16M | -$1.92M | -$67K | -$3K | $451 | $87K |
| EBITDA Margin | - | - | - | - | - | - | - | - | - |
Balance Sheet
| Period | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2026-04-30 | 2025-04-30 | 2024-04-30 | 2023-04-30 | 2022-04-30 | 2021-04-30 | 2020-04-30 | 2019-04-30 | 2018-04-30 |
| Assets | |||||||||
| Current Assets | |||||||||
| Cash and Cash Equivalents | $1.02M | $25K | $23K | $299K | $3.16M | $345K | $2K | $974 | $67K |
| Short-Term Investments | $59K | $222K | $54K | $185K | $0 | $0 | $0 | $0 | $0 |
| Cash and Short-Term Investments | $1.08M | $247K | $77K | $483K | $3.16M | $345K | $2K | $974 | $67K |
| Accounts Receivable | $0 | $22K | $15K | $7K | $17K | $5K | $589 | $0 | $0 |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Assets | $130K | $0 | $0 | $0 | $0 | $0 | $7K | $7K | $0 |
| Total Current Assets | $1.51M | $269K | $122K | $491K | $3.2M | $377K | $10K | $8K | $67K |
| Long-Term Assets | |||||||||
| Property, Plant & Equipment Net | $4.03M | $3.07M | $5.95M | $10K | $2.3M | $749K | $88K | $89K | $85K |
| Goodwill | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Intangible Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Investments | $0 | $12K | $17K | $16K | $16K | $2K | $0 | $0 | $0 |
| Deferred Tax Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Assets | $14K | $17K | $17K | $5.26M | $5K | $2K | $0 | $0 | $0 |
| Total Long-Term Assets | $4.04M | $3.08M | $5.97M | $5.29M | $2.32M | $751K | $88K | $89K | $85K |
| Other Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Assets | $5.55M | $3.35M | $6.09M | $5.78M | $8.59M | $1.13M | $98K | $97K | $151K |
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts Payable | $253K | $556K | $414K | $642K | $447K | $148K | $78K | $37K | $0 |
| Short-Term Debt | $0 | $142K | $73K | $0 | $0 | $0 | $668 | $0 | $0 |
| Current Income Tax Payable | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Liabilities | $41K | $0 | $0 | $0 | $782K | $0 | $0 | $0 | $10K |
| Total Current Liabilities | $294K | $747K | $513K | $859K | $1.26M | $181K | $81K | $40K | $35K |
| Long-Term Liabilities | |||||||||
| Long-Term Debt | $0 | $0 | $0 | $182K | $0 | $0 | $0 | $0 | $0 |
| Long-Term Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $24K | $0 | $0 |
| Total Long-Term Liabilities | $0 | $0 | $0 | $182K | $782K | $0 | $24K | $0 | $0 |
| Other Liabilities | $0 | $0 | $0 | $0 | -$782K | $0 | $0 | $0 | $0 |
| Total Liabilities | $294K | $747K | $513K | $1.04M | $1.26M | $181K | $104K | $40K | $35K |
| Stockholders' Equity | |||||||||
| Preferred Stock | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock | $19.73M | $16.38M | $16.38M | $13.75M | $13.79M | $1.2M | $195K | $195K | $196K |
| Retained Earnings | -$16.07M | -$15.04M | -$12.07M | -$10.53M | -$7.5M | -$652K | -$201K | -$137K | -$80K |
| Comprehensive Income & Other | $1.61M | $1.27M | $1.27M | $1.52M | $1.04M | $173K | $0 | $0 | -$10K |
| Other Stockholders' Equity | $1.61M | $1.27M | $1.27M | $1.52M | $1.04M | $395K | $0 | $0 | $0 |
| Total Equity | $5.26M | $2.61M | $5.58M | $4.73M | $7.33M | $947K | -$6K | $57K | $117K |
| Minority Interest | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $5.55M | $3.35M | $6.09M | $5.78M | $8.59M | $1.13M | $98K | $97K | $151K |
| Supplementary Data | |||||||||
| Total Debt | $0 | $142K | $77K | $186K | $791K | $0 | $668 | $0 | $0 |
| Net Debt | -$1.02M | $118K | $54K | -$113K | -$2.37M | -$345K | -$1K | -$974 | -$67K |
Cash Flow Statement
| Period | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2026-04-30 | 2025-04-30 | 2024-04-30 | 2023-04-30 | 2022-04-30 | 2021-04-30 | 2020-04-30 | 2019-04-30 | 2018-04-30 |
| Operating Activities | |||||||||
| Net Income | -$1.03M | -$2.97M | -$1.54M | -$2.96M | -$6.85M | -$451K | -$64K | -$58K | -$80K |
| Depreciation & Amortization | $3K | $5K | $25K | $34K | $38K | $383K | $61K | $0 | $87K |
| Deferred Income Tax | $0 | $0 | $0 | -$254K | $4K | $0 | $0 | $0 | $0 |
| Stock-Based Compensation | $214K | $0 | $37K | $195K | $1.03M | $161K | $0 | $0 | $0 |
| Changes in Working Capital: | |||||||||
| Accounts Receivable | -$36K | -$7K | -$8K | $10K | -$11K | -$5K | -$589 | $0 | $0 |
| Inventory | $0 | $0 | $0 | $27K | $11K | $5K | $589 | $0 | $0 |
| Accounts Payable | $0 | $95K | $24K | -$27K | $325K | $18K | $59K | -$1K | $0 |
| Other Working Capital | -$306K | $57K | -$10K | $294K | -$1.04M | $979 | -$1K | -$8K | $14K |
| Total Working Capital Change | -$343K | $145K | $7K | $276K | -$712K | $14K | $58K | -$9K | $14K |
| Other Non-Cash Items | $334K | $2.77M | $345K | $275K | $5K | -$383K | -$61K | -$451 | -$87K |
| Net Cash from Operating | -$823K | -$56K | -$1.12M | -$2.43M | -$6.48M | -$275K | -$5K | -$67K | -$65K |
| Investing Activities | |||||||||
| Capital Expenditures | -$340K | -$8K | -$919K | -$1.41M | -$1.47M | -$336K | -$2K | -$8K | -$49K |
| Acquisitions | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $21K | $0 |
| Purchases of Investments | $0 | $0 | $0 | $0 | -$14K | -$2K | $0 | $0 | $0 |
| Sales of Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Investing Activities | $0 | $0 | -$26K | -$38K | -$47K | $0 | $8K | $21 | $0 |
| Net Cash from Investing | -$340K | -$8K | -$944K | -$1.44M | -$1.53M | -$338K | $6K | $14K | -$49K |
| Financing Activities | |||||||||
| Debt Repaid | $71K | - | $117K | -$178K | - | $668 | -$535 | - | - |
| Common Stock Issuance | $0 | $0 | $1.49M | $816K | $4.08M | $1.04M | $0 | -$5K | $181K |
| Common Stock Repurchases | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Dividends Paid | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Financing Activities | $2.23M | $12K | $416K | $841K | $6.73M | -$82K | $0 | -$12K | $181K |
| Net Cash from Financing | $2.16M | $65K | $1.79M | $1.02M | $10.82M | $956K | $535 | -$12 | $181K |
| Forex Effect | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Change in Cash | $995K | $2K | -$276K | -$2.86M | $2.81M | $343K | $995 | -$66K | $67K |
| Supplementary Data | |||||||||
| Operating Cash Flow | -$823K | -$56K | -$1.12M | -$2.43M | -$6.48M | -$275K | -$5K | -$67K | -$65K |
| Capital Expenditure | -$340K | -$8K | -$919K | -$1.41M | -$1.47M | -$336K | -$2K | -$8K | -$49K |
| Free Cash Flow | -$1.16M | -$64K | -$2.04M | -$3.84M | -$7.95M | -$611K | -$8K | -$75K | -$114K |
| Cash at Beginning | $25K | $23K | $299K | $3.16M | $345K | $2K | $974 | $67K | $0 |
| Cash at End | $1.02M | $25K | $23K | $299K | $3.16M | $345K | $2K | $974 | $67K |