X
SOLITARIO RESOURCES CORP.
Period
FY 2025
Revenue
—
Net Income
$-3.83M
Total Assets
$25.03M
Equity
$24.67M
Shares Out
93.07M
Op. Cash Flow
$-3.57M
Business
Solitario Resources Corp. acquires and explores mineral properties to discover and advance economic deposits toward development, often through joint ventures. It focuses on precious metals, zinc and other base metals and offers exploration, property evaluation, joint venture partnerships and royalty or sale arrangements. Key assets include Golden Crest and Cat Creek (100% owned), a 50% interest in Lik with Teck, 39% of Florida Canyon with Nexa, and an 85% interest in Chambara. Solitario conducts exploration in the United States and Peru and uses leases, staking and joint ventures to advance and distribute project interests.
Summary from filing dated 2025-03-12
Financials
Consolidated Statement of Income
Year Ended · In millions, except per-share amounts
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Exploration expense | 3 | 4 | 2 | 2 | — | |
| Depreciation | 20,000 | 27,000 | — | — | — | |
| General and administrative | 2 | 2 | 2 | 1 | 952,000 | |
| Total operating expenses | 4 | 6 | 4 | 4 | 2 | |
| Interest and dividend income | 256,000 | 372,000 | 191,000 | 131,000 | 123,000 | |
| Realized and unrealized loss on derivative instruments | −336,000 | −29,000 | — | — | — | |
| Realized and unrealized gain on marketable equity securities | 680,000 | 343,000 | — | — | — | |
| Total other income | 600,000 | 686,000 | — | — | — | |
| Net loss | −4 | −5 | −4 | −4 | −2 | |
| Basic and diluted | −0.04 | −0.07 | — | — | — | |
| Basic and diluted (in thousands) | 87 | 81 | — | — | — |
Consolidated Balance Sheet
As of · In millions, except per-share amounts
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Cash and cash equivalents | 82,000 | 81,000 | 200,000 | — | 462,000 | |
| Short-term investments, at fair value | 8 | 5 | 8 | 4 | 5 | |
| Investments in marketable equity securities, at fair value | 294,000 | 1 | — | — | — | |
| Prepaid expenses and other current assets | 61,000 | 66,000 | 273,000 | 38,000 | 303,000 | |
| Total current assets | 8 | 6 | 10 | 5 | 7 | |
| Mineral properties | 17 | 17 | 17 | 17 | 16 | |
| Restricted cash - mineral property reclamation bonds | 230,000 | 230,000 | 0 | — | — | |
| Other assets | 58,000 | 117,000 | 170,000 | 134,000 | — | |
| Total assets | 25 | 23 | 27 | 22 | 24 | |
| Accounts payable | 208,000 | 258,000 | 593,000 | 228,000 | 239,000 | |
| Kinross call option liability | 0 | 67,000 | — | — | — | |
| Operating lease liability | 7,000 | 43,000 | 39,000 | 35,000 | 37,000 | |
| Total current liabilities | 215,000 | 368,000 | 632,000 | 263,000 | 276,000 | |
| Asset retirement obligation and reclamation liabilities | 145,000 | 145,000 | 125,000 | 125,000 | 125,000 | |
| Operating lease liability | 0 | 7,000 | 50,000 | 0 | 35,000 | |
| Total long-term liabilities | 145,000 | 152,000 | 175,000 | 125,000 | 160,000 | |
| Preferred stock, $0.01 par value, authorized 10,000,000 shares (none issued and outstanding at December 31, 2025 and 2024) | 0 | 0 | 0 | 0 | 0 | |
| Common stock, $0.01 par value, authorized, 200,000,000 shares (90,901,324 and 81,638,418, respectively, shares issued and outstanding at December 31, 2025 and 2024) | 909,000 | 816,000 | 796,000 | 648,000 | 620,000 | |
| Additional paid-in capital | 91 | 85 | 83 | 75 | 73 | |
| Accumulated deficit | −67 | −63 | −58 | −54 | −50 | |
| Total shareholders' equity | 25 | 23 | 26 | 22 | 23 | |
| Total liabilities and shareholders' equity | 25 | 23 | 27 | 22 | 24 |
Consolidated Statement of Cash Flows
Year Ended · In millions, except per-share amounts
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Net loss | −4 | −5 | — | — | — | |
| Issuance of shares for mineral lease payment | 53,000 | 0 | — | — | — | |
| Amortization of right of use lease asset | 40,000 | 42,000 | 41,000 | 40,000 | 40,000 | |
| Increase in asset retirement and reclamation liabilities | 0 | 20,000 | — | — | — | |
| Prepaid expenses and other current assets | 5,000 | 207,000 | 20,000 | — | — | |
| Accounts payable and other current liabilities | −94,000 | −379,000 | 328,000 | −51,000 | −17,000 | |
| Net cash used in operating activities | −4 | −5 | −3 | −3 | −2 | |
| (Purchase) sale of short-term investments - net | −3 | 4 | — | — | — | |
| Additions to mineral properties | −31,000 | −55,000 | — | — | — | |
| Cash from sale of marketable equity securities | 2 | 54,000 | — | — | — | |
| Cash paid for settlement of derivative instruments | −403,000 | 0 | — | — | — | |
| Sale of derivative instruments - net | 0 | 38,000 | — | — | — | |
| Additions to other assets | 0 | −12,000 | — | −50,000 | −39,000 | |
| Net cash (used by) provided by investing activities | −2 | 4 | −4 | 701,000 | 90,000 | |
| Issuance of common stock - net of issuing costs | 5 | 1 | 7 | 2 | 2 | |
| Issuance of common stock upon exercise of stock options | 206,000 | 54,000 | 255,000 | 30,000 | 83,000 | |
| Net cash provided by financing activities | 5 | 1 | 8 | 2 | 2 | |
| Net increase in cash, cash equivalents and restricted cash | 1,000 | 111,000 | −116,000 | −146,000 | −143,000 |
Filings
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Frequently asked questions
What is SOLITARIO RESOURCES CORP.'s CIK number?
SOLITARIO RESOURCES CORP.'s SEC CIK number is 0000917225 (917225). 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 SOLITARIO RESOURCES CORP.'s SEC filings?
All of SOLITARIO RESOURCES 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.