Gold Reserve Ltd. (GDRZF)
OTCMKTS · Delayed Price · Currency is USD
3.580
-0.160 (-4.28%)
Nov 9, 2026, 11:45 AM EST
Gold Reserve Cash Flow Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Net Income | -32.48 | -34.28 | -15.19 | -23.12 | -8.6 | -10.6 |
Depreciation & Amortization | 0.18 | 0.13 | 0.01 | 0.06 | 0.1 | 0.11 |
Loss (Gain) From Sale of Assets | -0 | 0 | 0 | 0.19 | 0.01 | -0.06 |
Asset Writedown & Restructuring Costs | - | - | - | - | 0.62 | - |
Loss (Gain) From Sale of Investments | 0.27 | -0.27 | -0.25 | -1.08 | 0.01 | -0.02 |
Stock-Based Compensation | 3.62 | 0.49 | 1.87 | 0.1 | 0.16 | 1.99 |
Other Operating Activities | -0.4 | -0.68 | -1.32 | 6.43 | -0.12 | - |
Change in Accounts Payable | -6.61 | 4.65 | 1.61 | 0.07 | 0.17 | -0.1 |
Change in Income Taxes | 1.04 | 1 | 0.91 | 9.71 | 0.59 | - |
Change in Other Net Operating Assets | -0.63 | -0.98 | 0.29 | 0.21 | 0.69 | 0.07 |
Operating Cash Flow | -35.02 | -29.95 | -12.05 | -7.43 | -6.36 | -8.61 |
Operating Cash Flow Growth | - | - | - | - | - | - |
Investing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Capital Expenditures | -0 | -0.11 | - | - | - | -0 |
Sale of Property, Plant & Equipment | 0 | 0 | - | 0.78 | 0 | 0.32 |
Investment in Securities | -10.25 | 27.47 | -3.5 | -0.2 | -27.38 | - |
Investing Cash Flow | -10.25 | 27.36 | -3.5 | 0.58 | -27.37 | 0.31 |
Financing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Long-Term Debt Repaid | - | -0.06 | - | - | - | - |
Lease Payments | -0.18 | -0.06 | - | - | - | - |
Net Debt Issued (Repaid) | -0.18 | -0.06 | - | - | - | - |
Issuance of Common Stock | 75.71 | 30 | 51.92 | 0 | - | - |
Other Financing Activities | -3.24 | -1.26 | -2.08 | - | - | - |
Financing Cash Flow | 72.29 | 28.69 | 49.84 | 0 | - | - |
Net Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Net Cash Flow | 27.02 | 26.1 | 34.29 | -6.85 | -33.74 | -8.3 |
Free Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Free Cash Flow | -35.02 | -30.05 | -12.05 | -7.43 | -6.36 | -8.61 |
Free Cash Flow Growth | - | - | - | - | - | - |
Free Cash Flow Per Share | -0.25 | -0.26 | -0.11 | -0.07 | -0.06 | -0.09 |
Levered Free Cash Flow | -19.14 | -1.25 | -2.17 | 14.31 | -2.53 | -3.2 |
Unlevered Free Cash Flow | -19.12 | -1.23 | -2.17 | 14.31 | -2.53 | -3.2 |
Free Cash Flow After Leases | -35.2 | -30.11 | -12.05 | -7.43 | -6.36 | -8.61 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Change in Working Capital | -6.21 | 4.66 | 2.81 | 9.98 | 1.45 | -0.03 |