What is Atlas Lithium Corporation's impairment charges?

Atlas Lithium Corporation (ATLX) reported impairment charges of $332.78K in Q4 2024.

What does impairment charges mean?

Non-cash asset impairment charges added back in the operating cash flow reconciliation since they don't represent cash outflows.

Atlas Lithium Corporation ATLX Impairment Charges

Impairment Charges at other companies

5E Advanced Materials, Inc.FEAM

$1.61M—

UltralifeULBI

$3.05M—

Other financials

Income statement

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Revenue$74.4K+195%

Gross profit$72.0K+215%

Operating income-$16.8M-70.9%

Net income-$13.6M-50.4%

EPS (diluted)-$0.50+9.1%

Balance sheet

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Cash & equivalents$34.4M+145%

Total debt$10.8M+1,387%

Total equity$45.4M+92.2%

Total assets$87.4M+43.8%

Cash flow

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Operating cash flow-$10.6M-141%

CapEx$1.2M-61.8%

Free cash flow-$11.8M-56.2%

Valuation

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Market cap$108.82M+54.1%

Enterprise value$85.22M+48.7%

P/S768×+566×

Profitability

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Gross margin1.3%—

Operating margin-27,254.8%-47,134pp

Net margin-23,042%-45,756pp

FCF margin-22,949.6%-43,436pp

Returns & leverage

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Return on equity-94.5%-38.3pp

Debt / equity0.2×+0.2×

Current ratio2.5×+0.2×

Where this comes from

Reported directly by Atlas Lithium Corporation in its filing.

Tagged under the XBRL concept us-gaap:ImpairmentOfLongLivedAssetsToBeDisposedOf.

The official record: Atlas Lithium Corporation’s 10-K, filed March 4, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Atlas Lithium Corporation's impairment charges?: Atlas Lithium Corporation (ATLX) reported impairment charges of $332.78K in Q4 2024.
What does impairment charges mean?: Non-cash asset impairment charges added back in the operating cash flow reconciliation since they don't represent cash outflows.