Irving Resources Inc. (IRVRF)
Irving Resources Inc., a junior resource exploration company, acquires and explores mineral properties in Canada and Japan. It primarily explores for gold and silver deposits. Its lead project is the 100% owned Omu project located in Hokkaido, Japan.
Industry: Gold
Irving Resources Inc.
OTC:IRVRFBasic Materials · Gold
-1.48%$0.1526
Mkt Cap$14.06M
Float65.17M
O/S92.16M
Inst Own-
SI<0.1%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$0
Net Income-$1.17M
Total Assets$36.08M
Free Cash Flow-$338K
Debt & Equity
Debt 0%
Equity 100%
Total Debt$93K
Total Equity$35.31M
Shares Outstanding
Short Interest
Split History
No splits on record
Nothing in IRVRF's public trading history: no forward or reverse split has affected the share count.
Balance Sheet Details
Assets$36.08M
Liabilities$771K
Accounts Receivable$206K
Accounts Payable$0
Inventory$0
PP&E (Net)$1.22M
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 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2026-02-28 | 2025-02-28 | 2024-02-28 | 2023-02-28 | 2022-02-28 | 2021-02-28 | 2020-02-28 | 2019-02-28 | 2018-02-28 | 2017-02-28 | 2016-02-28 |
| Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| YoY Growth | - | - | - | - | - | - | - | - | - | - | - |
| Cost of Revenue | $117K | $113K | $120K | $156K | $89K | $80K | $41K | $133 | $356 | $1K | $346 |
| Gross Profit | -$117K | -$113K | -$120K | -$156K | -$89K | -$80K | -$41K | -$133 | -$356 | -$1K | -$346 |
| Gross Margin | - | - | - | - | - | - | - | - | - | - | - |
| Research and Development | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Selling, General, and Administrative | $1.03M | $1.04M | $1.37M | $1.45M | $1.69M | $3.07M | $2.14M | $865K | $754K | $421K | $106K |
| Other | $220K | $0 | $0 | $0 | $0 | $3K | $16K | $32K | $33K | $25K | $0 |
| Total Operating Expenses | $1.25M | $1.04M | $1.37M | $1.7M | $1.97M | $3.38M | $2.4M | $1.07M | $974K | $539K | $106K |
| Operating Income (EBIT) | -$1.36M | -$1.15M | -$1.37M | -$1.67M | -$2.03M | -$3.42M | -$2.32M | -$1.02M | -$733K | -$513K | -$106K |
| Operating Margin | - | - | - | - | - | - | - | - | - | - | - |
| Interest Expense | $10K | $11K | $13K | $14K | $6K | $5K | $8K | $0 | $0 | $0 | $0 |
| Interest Income | $5K | $31K | $177K | $188K | $21K | $37K | $109K | $23K | $25K | $9K | $86 |
| Other Income (Expense) | $196K | -$2.45M | -$203K | $568K | -$166K | -$583K | -$63K | -$1.05M | -$264K | -$39K | -$15K |
| Income Before Tax (EBT) | -$1.17M | -$3.6M | -$1.57M | -$1.04M | -$2.01M | -$3.82M | -$2.37M | -$2.06M | -$1.16M | -$533K | -$121K |
| Income Tax Expense | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $216K | $18K | $3 |
| Net Income | -$1.17M | -$3.6M | -$1.57M | -$1.04M | -$2.01M | -$3.82M | -$2.37M | -$2.06M | -$1.16M | -$533K | -$121K |
| Net Income Margin | - | - | - | - | - | - | - | - | - | - | - |
| Supplementary Data | |||||||||||
| EPS | -0.02 | -0.07 | -0.03 | -0.02 | -0.05 | -0.09 | -0.07 | -0.07 | -0.05 | -0.04 | -0.05 |
| Diluted EPS | -0.02 | -0.07 | -0.03 | -0.02 | -0.05 | -0.09 | -0.07 | -0.07 | -0.05 | -0.04 | -0.05 |
| Weighted Average OS | 81.57M | 75.80M | 69.42M | 68.38M | 61.51M | 56.78M | 49.58M | 39.11M | 32.10M | 18.39M | 3.56M |
| EBITDA | -$1.25M | -$3.48M | -$1.4M | -$1.68M | -$1.95M | -$3.34M | -$2.28M | -$2.09M | -$733K | -$512K | -$180K |
| EBITDA Margin | - | - | - | - | - | - | - | - | - | - | - |
Balance Sheet
| Period | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2026-02-28 | 2025-02-28 | 2024-02-28 | 2023-02-28 | 2022-02-28 | 2021-02-28 | 2020-02-28 | 2019-02-28 | 2018-02-28 | 2017-02-28 | 2016-02-28 |
| Assets | |||||||||||
| Current Assets | |||||||||||
| Cash and Cash Equivalents | $4.34M | $2.2M | $3.38M | $7.78M | $6.91M | $6.25M | $9.26M | $4.71M | $3.13M | $4.7M | $498K |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Cash and Short-Term Investments | $4.34M | $2.2M | $3.38M | $7.78M | $6.91M | $6.25M | $9.26M | $4.71M | $3.13M | $4.7M | $498K |
| Accounts Receivable | $206K | $544K | $0 | $6K | $5K | $6K | $0 | $0 | $0 | $0 | $27K |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Current Assets | $4.65M | $2.86M | $3.46M | $7.86M | $6.96M | $6.34M | $9.35M | $4.74M | $3.16M | $4.72M | $537K |
| Long-Term Assets | |||||||||||
| Property, Plant & Equipment Net | $1.22M | $29.95M | $32.25M | $27.63M | $20.2M | $16.16M | $10.03M | $2.89M | $2.99M | $1.77M | $1.13M |
| Goodwill | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Intangible Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Investments | $1.61M | $510K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Deferred Tax Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Assets | $28.6M | $37K | $46K | $70K | $203K | $22K | $215K | $231K | $17K | $0 | $0 |
| Total Long-Term Assets | $31.42M | $30.5M | $32.29M | $27.7M | $20.41M | $16.19M | $10.24M | $3.12M | $3.01M | $1.77M | $1.13M |
| Other Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Assets | $36.08M | $33.36M | $35.75M | $35.56M | $27.37M | $22.53M | $19.59M | $7.86M | $6.17M | $6.49M | $1.67M |
| Liabilities | |||||||||||
| Current Liabilities | |||||||||||
| Accounts Payable | $0 | $0 | $280K | $262K | $531K | $550K | $919K | $177K | $128K | $124K | $34K |
| Short-Term Debt | $70K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Income Tax Payable | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Unearned Revenue | $429K | $0 | $0 | -$262K | -$531K | $0 | -$919K | $146K | $106K | $0 | $0 |
| Other Current Liabilities | $248K | $571K | $0 | $0 | $0 | $8K | $0 | $0 | $0 | $0 | $0 |
| Total Current Liabilities | $747K | $650K | $376K | $349K | $592K | $599K | $962K | $177K | $128K | $124K | $34K |
| Long-Term Liabilities | |||||||||||
| Long-Term Debt | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Long-Term Liabilities | $24K | $33K | $58K | $79K | $23K | $5K | $29K | $0 | $0 | $0 | $0 |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $771K | $683K | $434K | $428K | $616K | $604K | $990K | $177K | $128K | $124K | $34K |
| Stockholders' Equity | |||||||||||
| Preferred Stock | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock | $47.41M | $43.77M | $43M | $41.84M | $33.36M | $27.73M | $22.55M | $10.63M | $7.33M | $6.87M | $1.71M |
| Retained Earnings | -$19.44M | -$18.28M | -$14.68M | -$13.1M | -$12.07M | -$10.06M | -$6.23M | -$3.87M | -$1.81M | -$655K | -$121K |
| Comprehensive Income & Other | $7.34M | $4.96M | $5.15M | $6.39M | $5.46M | $4.25M | $2.28M | $921K | $526K | $144K | $48K |
| Other Stockholders' Equity | $7.34M | $7.18M | $6.99M | $6.39M | $5.46M | $4.25M | $2.28M | $921K | $526K | $144K | $48K |
| Total Equity | $35.31M | $32.68M | $35.32M | $35.13M | $26.75M | $21.92M | $18.6M | $7.69M | $6.04M | $6.36M | $1.63M |
| Minority Interest | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $36.08M | $33.36M | $35.75M | $35.56M | $27.37M | $22.53M | $19.59M | $7.86M | $6.17M | $6.49M | $1.67M |
| Supplementary Data | |||||||||||
| Total Debt | $93K | $112K | $154K | $166K | $85K | $47K | $71K | $0 | $0 | $0 | $0 |
| Net Debt | -$4.25M | -$2.09M | -$3.22M | -$7.61M | -$6.82M | -$6.2M | -$9.19M | -$4.71M | -$3.13M | -$4.7M | -$498K |
Cash Flow Statement
| Period | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2026-02-28 | 2025-02-28 | 2024-02-28 | 2023-02-28 | 2022-02-28 | 2021-02-28 | 2020-02-28 | 2019-02-28 | 2018-02-28 | 2017-02-28 | 2016-02-28 |
| Operating Activities | |||||||||||
| Net Income | -$1.17M | -$3.6M | -$1.57M | -$1.04M | -$2.01M | -$3.82M | -$2.37M | -$2.06M | -$1.16M | -$533K | -$121K |
| Depreciation & Amortization | $117K | $113K | $120K | $156K | $89K | $80K | $41K | $133 | $356 | $1K | $346 |
| Deferred Income Tax | $0 | $0 | $0 | -$329K | $7K | -$7K | $262K | $0 | $0 | $0 | $0 |
| Stock-Based Compensation | $0 | $193K | $624K | $925K | $1.29M | $2.47M | $1.57M | $457K | $433K | $136K | $4 |
| Changes in Working Capital: | |||||||||||
| Accounts Receivable | $337K | -$538K | $833 | -$793 | $372 | $46K | -$41K | -$1K | -$304 | $18K | -$6K |
| Inventory | $0 | $0 | $0 | $793 | -$372 | -$46K | $41K | $1K | $0 | $0 | $0 |
| Accounts Payable | $0 | $0 | $5K | $2K | -$4K | -$2K | $59K | $9K | $0 | $0 | $0 |
| Other Working Capital | -$29K | -$147K | $20K | $101K | -$148K | -$2K | -$55K | -$4K | -$30K | $6K | -$28K |
| Total Working Capital Change | $308K | -$685K | $26K | $103K | -$152K | -$4K | $4K | $4K | -$31K | $24K | -$33K |
| Other Non-Cash Items | $438K | $3.06M | $171K | $14K | $6K | $5K | $8K | $1.08M | $3K | $120K | $8K |
| Net Cash from Operating | -$303K | -$921K | -$632K | -$168K | -$776K | -$1.28M | -$479K | -$515K | -$751K | -$372K | -$152K |
| Investing Activities | |||||||||||
| Capital Expenditures | -$734K | -$745K | -$4.77M | -$7.78M | -$3.98M | -$6.38M | -$6.65M | -$1.15M | -$1.14M | -$552K | -$27K |
| Acquisitions | $0 | -$510K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Purchases of Investments | -$1.1M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Sales of Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Investing Activities | $756K | $423K | $0 | $0 | $0 | $195K | $19K | $0 | $0 | $0 | $358K |
| Net Cash from Investing | -$1.08M | -$832K | -$4.77M | -$7.78M | -$3.98M | -$6.18M | -$6.63M | -$1.15M | -$1.14M | -$552K | $330K |
| Financing Activities | |||||||||||
| Debt Repaid | $105K | $86K | $101K | $84K | $64K | $49K | $44K | - | - | - | - |
| Common Stock Issuance | $3.66M | $781K | $1.1M | $8.51M | $5.5M | $4.51M | $11.73M | $3.25M | $319K | $5.14M | $320K |
| Common Stock Repurchases | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Dividends Paid | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Financing Activities | $11 | -$16K | -$786 | -$65K | -$13K | -$14K | -$18K | -$9K | $0 | -$20K | $640K |
| Net Cash from Financing | $3.55M | $680K | $1M | $8.36M | $5.42M | $4.44M | $11.66M | $3.24M | $319K | $5.12M | $320K |
| Forex Effect | $89K | -$101K | -$1K | $463K | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Change in Cash | $2.26M | -$1.17M | -$4.4M | $868K | $660K | -$3.01M | $4.55M | $1.58M | -$1.57M | $4.2M | $498K |
| Supplementary Data | |||||||||||
| Operating Cash Flow | -$303K | -$921K | -$632K | -$168K | -$776K | -$1.28M | -$479K | -$515K | -$751K | -$372K | -$152K |
| Capital Expenditure | -$35K | -$745K | -$4.77M | -$7.78M | -$3.98M | -$6.38M | -$6.65M | -$1.15M | -$1.14M | -$552K | -$27K |
| Free Cash Flow | -$338K | -$1.67M | -$5.4M | -$7.95M | -$4.76M | -$7.65M | -$7.13M | -$1.66M | -$1.89M | -$924K | -$180K |
| Cash at Beginning | $2.08M | $3.38M | $7.78M | $6.91M | $6.25M | $9.26M | $4.71M | $3.13M | $4.7M | $498K | $0 |
| Cash at End | $4.34M | $2.2M | $3.38M | $7.78M | $6.91M | $6.25M | $9.26M | $4.71M | $3.13M | $4.7M | $498K |