Gold resource corp (GORO)
Balance Sheet / Yearly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Dec'10
ASSETS
Current assets:
Cash and cash equivalents

18,366

11,076

8,757

7,939

8,527

7,762

16,601

26,645

28,617

22,390

15,832

16,410

16,639

14,166

17,065

13,264

10,325

12,822

14,105

21,023

21,444

27,541

24,800

29,627

19,457

14,973

17,634

30,414

29,026

35,780

36,242

44,778

44,004

51,960

45,014

42,098

47,582

Gold and silver rounds/bullion

4,111

4,265

4,169

3,874

3,650

3,637

3,405

3,664

3,826

3,812

3,831

3,644

3,687

3,307

3,876

3,785

3,413

2,988

3,160

3,358

3,440

3,447

3,615

3,785

3,793

3,801

3,821

3,825

5,452

5,809

6,560

5,517

5,626

2,549

1,725

-

-

Accounts receivable, net

4,043

8,362

7,800

5,630

4,515

1,744

1,428

1,727

1,642

2,884

3,664

1,276

1,759

630

2,414

2,045

907

321

1,851

688

7,459

1,416

5,920

6,083

6,442

2,307

5,212

2,714

11,570

6,349

16,090

5,040

13,943

14,281

14,734

2,596

1,185

Inventories, net

24,805

24,131

24,065

26,531

20,464

14,342

11,985

12,542

12,920

11,636

9,890

9,995

8,607

8,946

9,409

10,055

9,318

8,753

9,347

8,489

8,019

7,295

9,013

6,358

6,967

7,468

8,897

7,116

6,538

7,533

5,086

5,287

7,453

4,243

4,540

5,574

3,063

Prepaid taxes

118

786

1,921

3,342

1,957

1,126

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income tax receivable, net

-

-

-

-

-

-

-

-

-

-

1,025

475

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

530

-

-

-

-

-

IVA taxes receivable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

780

1,331

-

1,870

1,255

-

575

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income tax receivable, net

-

-

-

-

-

-

1,276

-

-

-

-

-

-

626

937

2,074

3,887

3,794

-

-

-

-

-

-

1,216

2,960

8,602

6,922

1,024

419

-

-

-

-

-

-

-

IVA taxes receivable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

661

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

IVA taxes receivable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

6,099

-

2,450

8,204

5,678

Deferred tax assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3,891

3,891

3,891

-

3,973

3,973

3,973

2,282

2,207

2,121

2,121

2,121

11,118

11,118

11,118

11,118

-

-

-

Prepaid expenses and other current assets

1,266

2,032

2,101

3,786

2,607

2,745

2,586

1,661

1,653

1,767

1,822

2,084

1,682

1,587

1,693

2,334

2,434

3,904

1,932

1,804

2,308

2,935

4,421

5,374

4,687

5,808

4,544

3,751

3,047

973

701

-

-

957

-

-

179

Prepaid expenses

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

869

864

-

1,375

515

-

Other current assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

12

7

-

Total current assets

52,709

50,652

48,813

51,102

41,720

31,356

37,281

46,239

48,658

42,489

36,064

33,884

32,374

29,262

35,394

34,337

31,615

32,582

36,156

40,508

47,222

43,209

51,742

55,200

46,535

39,599

50,917

56,863

58,778

58,984

75,797

73,139

89,107

85,108

69,850

58,994

57,687

Land and mineral rights

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

227

227

227

-

227

227

227

227

227

227

227

227

227

227

227

Property, plant and mine development, net

124,450

125,259

122,986

120,154

119,617

111,242

102,098

91,124

85,972

82,599

79,447

79,498

75,158

70,059

70,959

52,523

53,073

51,637

47,808

42,742

36,885

32,348

26,772

24,508

21,506

18,354

18,051

17,973

17,079

14,050

12,959

12,751

12,323

10,318

9,382

7,607

4,849

Operating lease assets, net

5,305

7,436

9,484

11,043

12,681

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred tax assets, net

8,433

4,635

-

-

-

7,372

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred tax assets, net

-

-

6,357

6,284

6,570

-

-

-

-

-

18,645

16,407

16,230

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Inventories

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

903

903

903

-

797

797

797

809

890

-

-

-

-

-

-

Deferred tax assets, net

-

-

-

-

-

-

7,576

7,951

6,828

6,854

-

-

-

17,580

15,055

19,433

20,494

21,064

27,040

23,917

25,519

26,197

27,663

27,663

27,663

29,814

31,748

31,559

31,559

31,559

19,517

19,517

19,517

19,517

-

-

-

Investments in equity securities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

231

231

-

894

1,121

1,901

2,620

3,518

2,941

2,743

231

-

-

-

-

-

-

-

-

-

-

-

Other non-current assets

5,176

5,030

4,195

3,144

575

361

835

835

914

981

945

947

970

1,542

1,547

902

937

1,216

2,964

4,457

4,725

1,609

-

-

-

4,431

-

-

-

-

-

-

7

-

6

76

34

Total assets

196,073

193,012

191,835

191,727

181,163

150,331

147,790

146,149

142,372

132,923

135,101

130,736

124,732

118,443

122,955

107,426

106,350

106,499

114,862

112,745

116,252

105,983

110,825

111,442

99,577

92,429

101,740

107,419

108,440

105,629

109,390

105,634

121,181

115,170

79,465

66,904

62,797

LIABILITIES AND SHAREHOLDERS' EQUITY
Current liabilities:
Accounts payable

12,092

14,456

13,253

17,149

18,176

12,429

13,908

11,798

9,292

6,904

8,883

11,796

6,920

5,383

5,433

6,730

10,901

11,600

8,201

5,718

6,306

3,892

5,298

4,773

4,223

2,873

3,051

5,070

5,077

3,013

2,437

434

1,008

1,691

3,998

3,650

2,449

Loans payable, current

888

879

870

862

840

765

743

581

574

568

562

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Finance lease liabilities, current

452

446

440

434

418

412

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Operating lease liabilities, current

5,192

7,287

8,630

8,207

7,868

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Capital lease, current

-

-

-

-

-

-

404

393

388

382

-

-

-

-

-

-

696

-

1,220

1,487

1,543

1,498

1,491

1,484

1,476

1,469

1,462

1,376

-

-

-

-

-

-

-

-

-

IVA taxes payable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,147

1,131

1,762

925

658

2,244

1,389

2,673

3,191

3,676

8,142

559

3,863

5,996

1,640

Income taxes payable, net

1,289

-

-

-

-

-

-

1,179

2,776

1,944

-

-

696

-

-

-

-

-

3,348

2,345

6,342

2,079

5,710

5,161

-

-

-

-

857

-

1,990

-

6,133

15,987

10,187

1,056

-

Mining royalty taxes payable, net

1,018

1,538

846

849

2,003

1,926

1,550

1,554

3,375

2,359

1,222

977

496

2,033

1,079

771

3

230

-

-

-

2,088

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accrued expenses and other current liabilities

3,563

3,366

2,280

2,909

1,889

2,030

3,042

3,018

2,469

2,851

2,165

2,243

1,816

1,526

2,596

2,086

2,079

3,036

5,124

5,176

3,694

3,923

5,324

4,796

5,011

5,613

7,976

5,802

5,721

4,178

4,314

4,212

4,522

4,879

893

256

777

Dividends payable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

90

90

-

542

542

542

542

542

542

542

538

1,601

1,598

3,161

3,161

3,170

3,175

2,645

2,645

2,650

2,120

1,590

Deferred tax liability

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

460

-

-

-

-

-

-

-

-

-

-

-

Total current liabilities

24,494

27,972

26,319

30,410

31,194

17,562

19,647

18,523

18,874

15,008

12,832

15,016

9,928

8,942

9,108

9,677

13,769

14,866

18,435

15,268

18,427

14,022

19,512

17,887

13,014

11,878

14,748

16,090

16,205

13,025

15,102

11,497

22,450

25,761

21,591

13,078

6,456

Deferred tax liabilities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

6

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Reclamation and remediation liabilities

5,487

5,605

4,907

4,055

3,811

3,298

3,673

2,961

3,180

2,946

2,790

2,812

2,669

2,425

2,554

2,583

2,795

2,815

2,537

2,765

2,834

2,993

2,804

2,894

2,883

2,887

-

-

-

2,790

-

-

-

-

-

-

-

Loans payable, long-term

556

782

1,005

1,226

1,444

1,378

1,572

1,351

1,499

1,645

1,789

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Finance lease liabilities, long-term

320

435

549

661

724

831

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Operating lease liabilities, long-term

124

160

864

2,842

4,816

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Capital lease, long-term

-

-

-

-

-

-

929

1,019

1,119

1,218

-

-

-

-

-

-

24

-

-

108

415

834

1,266

1,641

2,015

2,387

2,757

3,125

-

-

-

-

-

-

-

-

-

Other non-current liabilities

-

-

-

-

-

-

-

-

-

-

-

10

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Asset retirement obligation

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,844

2,861

2,970

-

2,539

2,405

2,514

2,281

2,334

2,657

2,495

Total liabilities

30,981

34,954

33,644

39,194

41,989

23,069

25,821

23,854

24,672

20,817

17,411

17,838

12,597

11,367

11,662

12,260

16,588

17,681

20,972

18,141

21,682

17,849

23,582

22,422

17,912

17,152

20,349

22,076

19,175

15,815

17,641

13,902

24,964

28,042

-

-

8,951

Shareholders' equity:
Commitments and contingencies (Note 8)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Preferred stock - $0.001 par value, 5,000,000 shares authorized: no shares issued and outstanding

-

-

-

-

-

-

-

-

-

-

-

-

0

-

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

Common stock - $0.001 par value, 100,000,000 shares authorized: 69,541,527 and 65,691,527 shares outstanding at March 31, 2020 and December 31, 2019, respectively

70

66

136

128

95

59

58

58

57

57

57

57

57

57

57

55

55

55

55

55

55

55

55

55

55

54

54

54

53

53

53

53

53

53

53

53

53

Additional paid-in capital

158,987

148,171

147,751

144,750

132,903

121,602

116,877

116,135

115,007

114,584

114,211

113,717

113,534

112,034

111,790

96,980

96,913

96,766

96,387

95,007

94,159

93,094

91,987

90,095

88,665

88,044

90,100

92,362

96,240

102,674

112,201

119,729

126,650

132,529

138,564

144,212

152,444

Retained earnings

13,090

16,876

17,359

14,710

13,231

12,656

12,089

13,157

9,691

4,520

10,477

6,179

5,599

2,040

6,501

5,186

-151

-948

4,503

6,597

7,411

2,040

2,256

5,925

-

-5,766

-1,668

-

-

-5,851

-

-

-

-

-

-

-

(Deficit) accumulated during the exploration stage

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

15,021

21,893

26,018

39,522

77,502

92,720

97,891

Treasury stock at cost, 336,398 shares

5,884

5,884

5,884

5,884

5,884

5,884

5,884

5,884

5,884

5,884

5,884

5,884

5,884

5,884

5,884

5,884

5,884

5,884

5,884

5,884

5,884

5,884

5,884

5,884

5,884

5,884

5,884

5,884

5,884

5,884

3,449

1,954

1,954

1,954

972

-

-

Accumulated other comprehensive loss

-1,171

-1,171

-1,171

-1,171

-1,171

-1,171

-1,171

-1,171

-1,171

-1,171

-1,171

-1,171

-1,171

-1,171

-1,171

-1,171

-1,171

-1,171

-1,171

-1,171

-1,171

-1,171

-1,171

-1,171

-1,171

-1,171

-1,211

-1,189

-1,144

-1,178

-2,035

-4,203

-2,514

-3,978

-4,603

-376

-760

Total shareholders' equity

165,092

158,058

158,191

152,533

139,174

127,262

121,969

122,295

117,700

112,106

117,690

112,898

112,135

107,076

111,293

95,166

89,762

88,818

93,890

94,604

94,570

88,134

87,243

89,020

81,665

75,277

81,391

85,343

89,265

89,814

91,749

91,732

96,217

87,128

55,540

51,169

53,846

Total liabilities and shareholders' equity

196,073

193,012

191,835

191,727

181,163

150,331

147,790

146,149

142,372

132,923

135,101

130,736

124,732

118,443

122,955

107,426

106,350

106,499

114,862

112,745

116,252

105,983

110,825

111,442

99,577

92,429

101,740

107,419

108,440

105,629

109,390

105,634

121,181

115,170

79,465

66,904

62,797