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NEXM NEXM Geophysics — 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%
Engineering And Technical Studies
82,212,500%-3.8%
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%
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

Perpetua Resources Corp. logo
PPTAExploration Expense
$53.1M+306%
Westwater Resources logo
WWRExploration Expense
$312K+4,357%
Solitario Resources logo
XPLExploration Expense
$182K-23.8%
Black Stone Minerals logo
BSMExploration Expense
$4.63M-9.5%
Kosmos Energy logo
KOSExploration Expense
$19.74M+104%
MGY
MGYExploration Expense
$1.74M+401%

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 geophysics — exploration expense?
NEXM (NEXM) reported geophysics — exploration expense of 26,196,600% in Q1 2026.
How has NEXM's geophysics — exploration expense changed year-over-year?
NEXM's geophysics — exploration expense increased by 15.5% year-over-year, from 22,681,000% to 26,196,600%.
What does geophysics — exploration expense mean?
This metric represents the total costs incurred by the geophysics segment for geological surveys, data acquisition, and site analysis activities. It reflects the capital allocated toward identifying and evaluating potential mineral deposits within the company's exploration portfolio. Monitoring this expense helps investors understand the intensity of the company's early-stage development efforts and its commitment to expanding its resource base.