Gold Reserve Ltd. (GDRZF)

Gold Reserve Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	51.88	42.82	8.53	15.38	49.12	57.42
Short-Term Investments	14.93	34.17	29.36	27.5	-	-
Trading Asset Securities	1.9	1.42	1.18	0.1	0.11	0.08
Cash & Short-Term Investments	68.72	78.42	39.07	42.98	49.22	57.5
Cash Growth	37.19%	100.74%	-9.10%	-12.69%	-14.39%	-7.26%
Other Receivables	-	-	-	8.09	8.68	8.68
Receivables	-	-	-	8.09	8.68	8.68
Prepaid Expenses	0.94	0.26	0.29	0.46	0.51	0.57
Total Current Assets	69.66	78.68	39.36	51.53	58.41	66.76
Property, Plant & Equipment	0.65	0.36	0.38	1.42	2.23	2.68
Total Assets	70.31	79.04	39.74	52.94	60.64	69.44
Accounts Payable	5.9	2.32	0.71	0.65	0.47	0.78
Accrued Expenses	-	1	0.74	0.53	-	-
Current Portion of Leases	0.11	-	-	-	0.08	0.09
Current Income Taxes Payable	11.1	10.62	9.71	-	-	-
Other Current Liabilities	-	-	-	0.17	0.06	0.06
Total Current Liabilities	17.11	13.94	11.16	1.35	0.61	0.93
Long-Term Leases	0.12	-	-	-	-	0.08
Total Liabilities	17.23	13.94	11.16	1.35	0.61	1.01
Common Stock	1.13	1.13	302.68	302.68	302.68	302.47
Additional Paid-In Capital	372.53	372.35	20.63	20.63	20.63	20.63
Retained Earnings	-346.24	-333.58	-318.39	-295.27	-286.68	-276.08
Comprehensive Income & Other	25.66	25.2	23.66	23.56	23.4	21.41
Shareholders' Equity	53.08	65.1	28.58	51.59	60.03	68.42
Total Liabilities & Equity	70.31	79.04	39.74	52.94	60.64	69.44
Total Debt	0.23	-	-	-	0.08	0.17
Net Cash (Debt)	68.49	78.42	39.07	42.98	49.15	57.33
Net Cash Growth	36.74%	100.74%	-9.10%	-12.55%	-14.27%	-7.15%
Net Cash Per Share	0.61	0.74	0.39	0.43	0.49	0.58
Filing Date Shares Outstanding	113.04	113.04	99.67	99.55	99.55	99.4
Total Common Shares Outstanding	113.04	113.04	99.55	99.55	99.55	99.4
Working Capital	52.55	64.73	28.19	50.18	57.8	65.82
Book Value Per Share	0.47	0.58	0.29	0.52	0.60	0.69
Tangible Book Value	53.08	65.1	28.58	51.59	60.03	68.42
Tangible Book Value Per Share	0.47	0.58	0.29	0.52	0.60	0.69
Machinery	0.04	0.33	0.75	1.72	2.35	2.61
Leasehold Improvements	-	0.03	0.03	0.03	0.03	0.03

Source: S&P Global Market Intelligence. Standard template. Financial Sources.