TMC the metals company Inc. TMC Exploration Expense
Exploration Expense at other companies
Other financials
Where this comes from
Reported directly by TMC the metals company Inc. in its filing.
Tagged under the XBRL concept us-gaap:ExplorationExpense.
The official record: TMC the metals company Inc.’s 10-Q, filed May 14, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is TMC the metals company Inc.'s exploration expense?
- TMC the metals company Inc. (TMC) reported exploration expense of $13.26M in Q1 2026.
- How has TMC the metals company Inc.'s exploration expense changed year-over-year?
- TMC the metals company Inc.'s exploration expense increased by 39.3% year-over-year, from $9.52M to $13.26M.
- What is the long-term trend for TMC the metals company Inc.'s exploration expense?
- Over 4 years (2021 to 2025), TMC the metals company Inc.'s exploration expense has grown at a -18.9% compound annual growth rate (CAGR), from $93.01M to $40.28M.
- What does exploration expense mean?
- Represents the costs incurred during the search for and evaluation of mineral resources or potential project sites. This metric is critical for pre-revenue companies to track the intensity of their research and development activities. It reflects the capital commitment toward proving the economic viability of future extraction projects.