Dakota Gold Corp.
Business
Dakota Gold Corp. is a mineral exploration company focused on acquiring, exploring, and developing gold and silver properties in the United States, primarily within the Homestake Mining District of South Dakota. The company holds substantial ownership of acreage comprising unpatented claims and surface leases, including the Richmond Hill, Maitland, and Barrick Option projects. Dakota Gold operates as a single exploration-stage segment with no current mining operations or revenues, positioning projects to advance from exploration toward development and eventual production.
Summary from 10-K filed 2026-03-25
Financials
Consolidated Statement of Income
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-03-31 | FY 2021 2021-03-31 |
|---|---|---|---|---|---|---|
| Exploration expenses | 21 | 24 | — | — | — | |
| General and administrative expenses | 10 | 11 | 10 | 24 | 2 | |
| Loss from operations | −31 | −34 | −38 | −31 | −2 | |
| Foreign exchange loss | −23,502 | −32,447 | −44,304 | 11,243 | 79,001 | |
| Interest expense | — | −137,483 | — | — | — | |
| Interest income | 1 | 609,801 | 414,168 | 24,582 | 32,443 | |
| Total other income | 1 | 439,871 | — | — | — | |
| Loss before income taxes | −30 | −34 | −38 | −31 | 25 | |
| Income tax benefit | 62,999 | 7,835 | 1 | — | — | |
| Net loss | −30 | −34 | — | −13 | 26 | |
| Comprehensive loss | −30 | −34 | — | — | — | |
| Basic loss per share | −0.27 | −0.37 | −0.47 | — | — | |
| Diluted loss per share | −0.27 | −0.37 | −0.47 | −0.35 | 1.12 | |
| Weighted average number of basic shares of common stock outstanding | 109 | 91 | 78 | — | — | |
| Weighted average number of diluted shares of common stock outstanding | 109 | 91 | 78 | 36 | 23 |
Consolidated Balance Sheet
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2024 2024-09-30 | FY 2023 2023-12-31 | FY 2022 2022-12-31 |
|---|---|---|---|---|---|---|
| Cash and cash equivalents | 30 | 9 | — | 26 | 24 | |
| Prepaid expenses and other current assets | 667,330 | 523,894 | — | 676,020 | 726,269 | |
| Total current assets | 30 | 10 | — | 26 | 25 | |
| Mineral rights and properties | 83 | 83 | 83 | 79 | 79 | |
| Property and equipment, net | 2 | 2 | — | — | — | |
| Other assets | 455,591 | 460,380 | — | 371,864 | 380,651 | |
| Total assets | 116 | 95 | — | 108 | 105 | |
| Accounts payable and accrued liabilities | 3 | 3 | — | 4 | 3 | |
| Lease liabilities - current | 124,785 | 129,419 | — | 135,097 | 0 | |
| Total current liabilities | 3 | 3 | — | 4 | 3 | |
| Lease liabilities | 80,881 | 197,527 | — | 94,515 | 0 | |
| Other non-current liability | 257,758 | 257,758 | — | — | — | |
| Total liabilities | 3 | 3 | — | 5 | 4 | |
| Commitments and contingencies (Note 9) | — | — | — | — | — | |
| Common stock, par value $0.001; 300,000,000 authorized, 114,068,842 and 95,570,483 shares outstanding, respectively | 114,067 | 95,570 | — | 86,740 | 73,341 | |
| Additional paid-in capital | 218 | 169 | — | 146 | 107 | |
| Accumulated deficit | −106 | −77 | — | −43 | −6 | |
| Total stockholders' equity | 113 | 92 | — | 104 | — | |
| Total liabilities and stockholders' equity | 116 | 95 | — | 108 | 105 |
Consolidated Statement of Cash Flows
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-03-31 | FY 2021 2021-03-31 |
|---|---|---|---|---|---|---|
| Net loss | −30 | −34 | — | — | — | |
| Depreciation expense | 198,764 | 254,978 | 300,000 | 134,004 | 17,306 | |
| Stock-based compensation expense | 3 | 4 | 4 | 20 | 121,385 | |
| Deferred income tax benefit | — | −85,332 | −1 | — | — | |
| Prepaid expenses and other current assets | −143,436 | 152,126 | 50,249 | 8,208 | −357,177 | |
| Accounts payable and accrued liabilities | 584,609 | −2 | — | — | — | |
| Other assets | — | −103,100 | −98,574 | — | — | |
| Net cash used in operating activities | −25 | −31 | −31 | −10 | −2 | |
| Purchases of property and equipment | −196,445 | −143,387 | −1 | −492,272 | −879,249 | |
| Purchases of mineral rights and properties | −185,353 | −430,197 | — | — | — | |
| Net cash used in investing activities | −381,798 | −573,584 | −2 | −9 | −5 | |
| Proceeds from exercise of stock options | 230,880 | 158,400 | 72,000 | — | — | |
| Proceeds from exercise of warrants | 4 | 208 | 18,757 | — | — | |
| Payments of income taxes on PSUs, restricted stock units RSUs and shares issued for compensation | −821,642 | — | — | — | — | |
| Proceeds from sale of royalty interest | — | 182,758 | 0 | — | — | |
| Net cash provided by financing activities | 46 | 16 | 35 | 49 | 18 | |
| Net change in cash and cash equivalents | 20 | −16 | — | — | — | |
| Amortization and expiration of deferred ATM offering costs offset against additional paid-in capital | −261,055 | −253,604 | — | — | — | |
| Common stock issued for accrued bonuses, net of withholding taxes paid | 113,959 | — | — | — | — | |
| Common stock issued for purchase of mineral rights and properties | — | 3 | 0 | 10 | 1 | |
| Income taxes paid | −62,999 | −85,332 | — | — | — |
Filings
Material Events
Insiders
Institutional Holders
Frequently asked questions
What is Dakota Gold Corp.'s CIK number?
Dakota Gold Corp.'s SEC CIK number is 0001852353 (1852353). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.
Where can I find Dakota Gold Corp.'s SEC filings?
All of Dakota Gold Corp.'s EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.