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U.S. GoldMining Inc. USGO Operating Loss Carryforwards Indefinite

Operating Loss Carryforwards Indefinite at other companies

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$90M-1.1%

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 USGO:OperatingLossCarryforwardsIndefinite.

The official record: U.S. GoldMining Inc.’s 10-K, filed March 20, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is U.S. GoldMining Inc.'s operating loss carryforwards indefinite?
U.S. GoldMining Inc. (USGO) reported operating loss carryforwards indefinite of $15.19M in Q4 2025.
What is the long-term trend for U.S. GoldMining Inc.'s operating loss carryforwards indefinite?
Over 2 years (2023 to 2025), U.S. GoldMining Inc.'s operating loss carryforwards indefinite has grown at a 40.2% compound annual growth rate (CAGR), from $7.73M to $15.19M.
What does operating loss carryforwards indefinite mean?
This represents the portion of net operating loss carryforwards that do not have a statutory expiration date and can be carried forward indefinitely to offset future taxable income. These assets are highly valuable as they provide permanent tax-shield flexibility regardless of the duration of the exploration or development phase. A larger balance indicates a more robust and flexible tax position for the company's long-term future.