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TMC the metals company Inc. TMC Exploration Expense
Exploration Expense at other companies
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Where this comes from
Reported directly by TMC the metals company Inc. in its filing.
Tagged under the XBRL concept us-gaap:ExplorationExpense.
The source filing: TMC the metals company Inc.’s 10-Q, filed May 14, 2026.
- Filed
- May 14, 2026, 5:30 PM EDT
- Fiscal quarter
- Q1 FY2026
- Calendar quarter
- Q1 2026
- Accession
- 0001104659-26-061357
| Line item | Note | Three months ended / March 31, 2026 | Three months ended / March 31, 2025 |
|---|---|---|---|
| Operating expenses | |||
| Exploration and evaluation expenses | 9 | $13,257 | $9,515 |
| General and administrative expenses | 10 | 20,725 | 8,500 |
| Operating loss | 33,982 | 18,015 | |
| Other items | |||
| Equity-accounted investment loss | 7 | 2,998 | 35 |
| Gain on dilution of investment | 7 | (4,602) | — |
| Change in fair value of warrant liability | 12 | (10,662) | 441 |
Item 1.Financial Statements
FAQ
- 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.
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