Formation Minerals, Inc. (FOMI)
OTCMKTS · Delayed Price · Currency is USD
0.0001
0.00 (0.00%)
Nov 3, 2025, 10:55 AM EST
Formation Minerals Balance Sheet
Financials in millions USD. Fiscal year is May - April.
Millions USD. Fiscal year is May - Apr.
Assets
Fiscal Year | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
Period Ending | Jan '25 Jan 31, 2025 | Apr '24 Apr 30, 2024 | Apr '23 Apr 30, 2023 | Apr '22 Apr 30, 2022 | Apr '21 Apr 30, 2021 | Apr '20 Apr 30, 2020 |
Cash & Equivalents | - | - | 0.03 | 0.14 | 2.09 | 0 |
Cash & Short-Term Investments | - | - | 0.03 | 0.14 | 2.09 | 0 |
Cash Growth | - | - | -81.03% | -93.24% | 127913.30% | -93.13% |
Receivables | 0.13 | - | - | 0.13 | 0.09 | - |
Prepaid Expenses | 0.05 | 0.01 | 0.01 | 0.03 | 0.03 | - |
Restricted Cash | - | - | 0 | - | - | - |
Total Current Assets | 0.18 | 0.01 | 0.04 | 0.3 | 2.21 | 0 |
Property, Plant & Equipment | 0.19 | - | - | 4.79 | 1.01 | - |
Total Assets | 0.37 | 0.01 | 0.04 | 5.09 | 3.22 | 0 |
Liabilities
Fiscal Year | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
Period Ending | Jan '25 Jan 31, 2025 | Apr '24 Apr 30, 2024 | Apr '23 Apr 30, 2023 | Apr '22 Apr 30, 2022 | Apr '21 Apr 30, 2021 | Apr '20 Apr 30, 2020 |
Accounts Payable | 2.77 | 0.3 | 0.54 | 0.17 | 0.21 | 0.33 |
Accrued Expenses | 0.14 | 0.32 | 0.36 | - | - | 0.02 |
Short-Term Debt | 0.16 | 0.23 | 0.2 | - | 0 | 0.6 |
Current Portion of Long-Term Debt | - | - | - | - | 0.21 | 0.58 |
Current Portion of Leases | - | - | - | 0.06 | 0.05 | - |
Other Current Liabilities | 1.28 | 0 | - | 1.23 | 0.01 | 1.61 |
Total Current Liabilities | 4.35 | 0.85 | 1.1 | 1.45 | 0.48 | 3.14 |
Long-Term Leases | - | - | - | 0.02 | 0.08 | - |
Total Liabilities | 4.35 | 0.85 | 1.1 | 1.47 | 0.56 | 3.14 |
Shareholders' Equity
Fiscal Year | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
Period Ending | Jan '25 Jan 31, 2025 | Apr '24 Apr 30, 2024 | Apr '23 Apr 30, 2023 | Apr '22 Apr 30, 2022 | Apr '21 Apr 30, 2021 | Apr '20 Apr 30, 2020 |
Common Stock | 0.99 | 0.56 | 0.43 | 1.18 | 0.68 | 0 |
Additional Paid-In Capital | 17.51 | 2.09 | 4.53 | 16.67 | 12.13 | 4.38 |
Retained Earnings | -22.47 | -3.51 | -6.03 | -14.26 | -10.84 | -7.52 |
Comprehensive Income & Other | - | 0.02 | -0.03 | - | 0.68 | - |
Total Common Equity | -3.97 | -0.83 | -1.1 | 3.59 | 2.66 | -3.14 |
Minority Interest | - | - | 0.04 | - | - | - |
Shareholders' Equity | -3.97 | -0.83 | -1.06 | 3.61 | 2.66 | -3.13 |
Total Liabilities & Equity | 0.37 | 0.01 | 0.04 | 5.09 | 3.22 | 0 |
Additional Metrics
Fiscal Year | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
Period Ending | Jan '25 Jan 31, 2025 | Apr '24 Apr 30, 2024 | Apr '23 Apr 30, 2023 | Apr '22 Apr 30, 2022 | Apr '21 Apr 30, 2021 | Apr '20 Apr 30, 2020 |
Total Debt | 0.16 | 0.23 | 0.2 | 0.08 | 0.34 | 1.18 |
Net Cash (Debt) | -0.16 | -0.23 | -0.17 | 0.06 | 1.75 | -1.18 |
Net Cash Growth | - | - | - | -96.39% | - | - |
Net Cash Per Share | -0.00 | -0.00 | -0.00 | 0.00 | 0.02 | -0.77 |
Filing Date Shares Outstanding | 100.04 | 91.38 | 1,683 | 1,278 | 1,165 | 30.01 |
Total Common Shares Outstanding | 99.11 | 56.35 | 1,543 | 1,179 | 683.08 | 1.83 |
Working Capital | -4.16 | -0.83 | -1.06 | -1.16 | 1.72 | -3.13 |
Book Value Per Share | -0.04 | -0.01 | -0.00 | 0.00 | 0.00 | -1.71 |
Tangible Book Value | -3.97 | -0.83 | -1.1 | 3.59 | 2.66 | -3.14 |
Tangible Book Value Per Share | -0.04 | -0.01 | -0.00 | 0.00 | 0.00 | -1.71 |
Land | - | - | - | 2.5 | - | - |
Machinery | - | - | - | 0.16 | - | - |
Leasehold Improvements | - | - | - | 0.14 | - | - |