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NEXM NEXM Engineering And Technical Studies — Exploration Expense

Other product segments

Drilling
172,019,200%+151%
Electricity
102,031,200%+17.5%
Site Operations Administration And Overhead
98,707,100%-2.6%
Infrastructure And Equipment Maintainence
76,887,500%+8.2%
Geology
71,051,700%+19.5%
Mine Developement
56,003,200%-16.2%
Freight Tools Supplies And Other Consumables
51,740,100%+267%
Geophysics
26,196,600%+15.5%
Share Based Compensation
16,514,400%-19.7%
Health And Safety
10,082,100%+7.7%
Environmental Social And Governance
8,593,900%+15.5%

Similar metrics at other companies

Solitario Resources logo
XPLExploration Expense
$182K-23.8%
U.S. GoldMining Inc. logo
USGOExploration Expense
$531.84K+138%
Perpetua Resources Corp. logo
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$53.1M+306%
Kosmos Energy logo
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$19.74M+104%
Contango Silver & Gold
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CTGOExploration — Total Exploration Expense
-$3.83M-734%
Epsilon Energy logo
EPSNExploration Expense
$594.45K+7.6%

Other financials

Income statement

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Net income-$10.6M+30.2%
EPS (diluted)$0.30-77.9%

Balance sheet

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Cash & equivalents$25.9M-42.6%
Total debt$1.3M
Total equity$71.7M+39.0%
Total assets$81.1M+27.1%

Cash flow

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Operating cash flow-$12.2M-93.9%
CapEx$768.5K+1,436%
Free cash flow-$13.0M-104%

Valuation

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Market cap$83.95M-25.5%
Enterprise value$59.36M

Returns & leverage

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Return on equity-88.4%-30.3pp
Debt / equity
Current ratio7.7×+1.3×

Where this comes from

Reported directly by NEXM in its filing.

Tagged under the XBRL concept us-gaap:ExplorationExpense.

The official record: NEXM’s 10-Q, filed May 13, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is NEXM's engineering and technical studies — exploration expense?
NEXM (NEXM) reported engineering and technical studies — exploration expense of 82,212,500% in Q1 2026.
How has NEXM's engineering and technical studies — exploration expense changed year-over-year?
NEXM's engineering and technical studies — exploration expense decreased by 3.8% year-over-year, from 85,445,200% to 82,212,500%.
What is the long-term trend for NEXM's engineering and technical studies — exploration expense?
Over 2 years (2023 to 2025), NEXM's engineering and technical studies — exploration expense has grown at a 68.3% compound annual growth rate (CAGR), from 104,918,800% to 297,129,400%.
What does engineering and technical studies — exploration expense mean?
This metric represents the total costs incurred by the Engineering and Technical Studies segment for geological surveys, drilling, and feasibility assessments aimed at identifying or evaluating mineral deposits. It reflects the company's commitment to resource expansion and the advancement of its project pipeline through technical validation. Investors use this figure to gauge the intensity of capital allocation toward long-term asset discovery and development activities.