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U.S. GoldMining Inc. USGO Change in Prepaids

Change in Prepaids at other companies

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Other financials

Income statement

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Operating income-$2.0M-50.4%
Net income-$1.9M-49.4%
EPS (diluted)-$0.14-40.0%

Balance sheet

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Cash & equivalents$4.8M+56.0%
Total debt$79.8K-22.8%
Total equity$6.2M+87.7%
Total assets$7.1M+69.6%

Cash flow

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Operating cash flow-$2.5M-176%
CapEx$236.8K
Free cash flow-$2.8M

Valuation

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Market cap$112.82M+10.8%
Enterprise value$108.15M+9.7%

Returns & leverage

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Return on equity-159.5%+70.7pp
Debt / equity0.0×
Current ratio10.1×+4.7×

Where this comes from

Reported directly by U.S. GoldMining Inc. in its filing.

Tagged under the XBRL concept us-gaap:IncreaseDecreaseInPrepaidExpense.

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

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Questions, answered.

What is U.S. GoldMining Inc.'s change in prepaids?
U.S. GoldMining Inc. (USGO) reported change in prepaids of $1.17M in Q1 2026.
How has U.S. GoldMining Inc.'s change in prepaids changed year-over-year?
U.S. GoldMining Inc.'s change in prepaids increased by 23391.3% year-over-year, from -$5.02K to $1.17M.
What does change in prepaids mean?
Reflects the net change in cash outflows for expenses paid in advance, such as insurance premiums, leases, or service contracts, before the related benefit is consumed. Monitoring this metric provides insight into the company's working capital management and short-term liquidity position. A significant increase in prepaid expenses may indicate a temporary drain on cash that will be recognized as an expense in future periods.