Gold Reserve Ltd. (GDRZF)

Gold Reserve Balance Sheet

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

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	112.68	68.93	42.82	8.53	15.38	49.12
Short-Term Investments	18.05	7.4	34.17	29.36	27.5	-
Trading Asset Securities	2.01	1.7	1.42	1.18	0.1	0.11
Cash & Short-Term Investments	132.74	78.03	78.42	39.07	42.98	49.22
Cash Growth	93.17%	-0.50%	100.74%	-9.10%	-12.69%	-14.39%
Other Receivables	-	-	-	-	8.09	8.68
Receivables	-	-	-	-	8.09	8.68
Prepaid Expenses	1.06	0.24	0.26	0.29	0.46	0.51
Total Current Assets	133.8	78.27	78.68	39.36	51.53	58.41
Property, Plant & Equipment	0.47	0.56	0.36	0.38	1.42	2.23
Total Assets	134.28	78.83	79.04	39.74	52.94	60.64

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	1.45	6.97	2.32	0.71	0.65	0.47
Accrued Expenses	-	-	1	0.74	0.53	-
Current Portion of Leases	0.12	0.17	-	-	-	0.08
Current Income Taxes Payable	12.12	11.62	10.62	9.71	-	-
Other Current Liabilities	-	-	-	-	0.17	0.06
Total Current Liabilities	13.68	18.75	13.94	11.16	1.35	0.61
Long-Term Leases	-	0.01	-	-	-	-
Total Liabilities	13.68	18.77	13.94	11.16	1.35	0.61

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	1.48	1.23	1.13	302.68	302.68	302.68
Additional Paid-In Capital	473.44	401	372.35	20.63	20.63	20.63
Retained Earnings	-382.77	-367.86	-333.58	-318.39	-295.27	-286.68
Comprehensive Income & Other	28.45	25.69	25.2	23.66	23.56	23.4
Shareholders' Equity	120.59	60.06	65.1	28.58	51.59	60.03
Total Liabilities & Equity	134.28	78.83	79.04	39.74	52.94	60.64

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	0.12	0.18	-	-	-	0.08
Net Cash (Debt)	132.62	77.85	78.42	39.07	42.98	49.15
Net Cash Growth	93.64%	-0.73%	100.74%	-9.10%	-12.55%	-14.27%
Net Cash Per Share	1.02	0.66	0.74	0.39	0.43	0.49
Filing Date Shares Outstanding	148.06	147.72	113.04	99.67	99.55	99.55
Total Common Shares Outstanding	148.06	122.71	113.04	99.55	99.55	99.55
Working Capital	120.12	59.51	64.73	28.19	50.18	57.8
Book Value Per Share	0.81	0.49	0.58	0.29	0.52	0.60
Tangible Book Value	120.59	60.06	65.1	28.58	51.59	60.03
Tangible Book Value Per Share	0.81	0.49	0.58	0.29	0.52	0.60
Machinery	0.03	0.03	0.33	0.75	1.72	2.35
Leasehold Improvements	-	-	0.03	0.03	0.03	0.03

Data Source: S&P Global Market Intelligence Last updated: Aug 13, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Sep 4, 2026

Data Sources Report a data error