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TMC the metals company Inc. TMC Other Exploration And Evaluation Expenses

Other Exploration And Evaluation Expenses at other companies

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Other financials

Income statement

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Revenue$410.0K+263%
Operating income-$34.0M-88.6%
Net income-$20.6M-0.1%
EPS (diluted)$0.05-16.7%

Balance sheet

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Cash & equivalents$119.7M+5,002%
Total debt$2.5M-57.8%
Total equity-$27.3M-63.1%
Total assets$184.9M+187%

Cash flow

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Operating cash flow-$615.0K+93.4%
CapEx$35.0K-50.0%
Free cash flow-$650.0K+93.1%

Valuation

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Market cap$1.98B-7.6%

Returns & leverage

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Return on equity-390.9%+322pp
Debt / equity
Current ratio2.2×+2.0×

Where this comes from

Reported directly by TMC the metals company Inc. in its filing.

Tagged under the XBRL concept tmc:OtherExplorationAndEvaluationExpenses.

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 itemThree months ended / March 31, 2026Three months ended / March 31, 2025
Environmental studies$270$1,270
Exploration labor (1)2,8472,587
Share-based compensation (Note 13)5,5301,928
Mining, technological and process development1,3122,950
Prefeasibility studies1,87841
Sponsorship, training and stakeholder engagement1,199633
Other221106
$13,257$9,515

Item 1.Financial Statements

FAQ

What is TMC the metals company Inc.'s other exploration and evaluation expenses?
TMC the metals company Inc. (TMC) reported other exploration and evaluation expenses of $221K in Q1 2026.
How has TMC the metals company Inc.'s other exploration and evaluation expenses changed year-over-year?
TMC the metals company Inc.'s other exploration and evaluation expenses increased by 108.5% year-over-year, from $106K to $221K.
What is the long-term trend for TMC the metals company Inc.'s other exploration and evaluation expenses?
Over 3 years (2022 to 2025), TMC the metals company Inc.'s other exploration and evaluation expenses has grown at a -22.2% compound annual growth rate (CAGR), from $801K to $377K.
What does other exploration and evaluation expenses mean?
Residual costs related to exploration and evaluation activities that do not fall under specific technical or labor categories. It captures miscellaneous operational expenditures necessary for maintaining exploration permits and site access.

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