NOVAGOLD RESOURCES INC NG Income Statement

Novagold resources inc (NG)

Income statement / Quarterly

Feb'20	Nov'19	Aug'19	May'19	Feb'19	Nov'18	Aug'18	May'18	Feb'18	Nov'17	Aug'17	May'17	Feb'17	Nov'16	Aug'16	May'16	Feb'16	Nov'15	Aug'15	May'15	Feb'15	Nov'14	Aug'14	May'14	Feb'14	Nov'13	Aug'13	May'13	Feb'13
Operating expenses:
Equity loss Galore Creek (note 5)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	346	-285	-126	-	-5,709	-3,616	-3,621	-	-10,106	-	-5,483
General and administrative (Note 9)
4,714	3,691	4,075	4,215	4,340	4,504	4,408	4,896	4,685	4,639	4,646	4,786	6,731	4,047	4,230	4,569	7,333	4,208	4,062	3,150	8,502	4,703	5,037	4,640	7,702	-	5,239	-	9,016
Equity loss – Donlin Gold (Note 5)
-1,568	-3,829	-3,141	-2,198	-1,323	-1,538	-2,514	-2,905	-1,841	-3,050	-3,165	-2,772	-2,232	-1,608	-2,192	-2,822	-2,197	-2,455	-2,803	-3,654	-2,496	-	-	-	-	-	-	-	-
Studies and evaluation
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	13	52	148	153	0	0	0	0	-	-	-	0
Depreciation
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	8	9	9	-	9	8	10	-	10	-	10
Write-down of assets (note 12)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	516	-	0

6,282	7,520	7,216	6,413	5,663	6,042	6,922	7,801	6,526	7,689	7,811	7,558	8,963	5,655	6,422	7,391	9,530	6,585	6,579	7,246	11,286	7,656	10,755	8,264	11,333	-	15,871	-	14,509
Loss from operations
-6,282	-7,520	-7,216	-6,413	-5,663	-6,042	-6,922	-7,801	-6,526	-7,689	-7,811	-7,558	-8,963	-5,655	-6,422	-7,391	-9,530	-6,585	-6,579	-7,246	-11,286	-7,656	-10,755	-8,264	-11,333	-	-15,871	-	-14,509
Interest expense on promissory note
1,760	-	-	-	1,798	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accretion of notes receivable
824	-	-	-	795	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other income (expense):
Interest income
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	183	150	316	-	240	-	210
Interest expense
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,609	1,562	2,058	-	1,688	-	4,048
Foreign exchange gain
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	173	-1,101	2,449	-	29	-	7,838
Gain on derivative liabilities (note 8)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-12	-	-
Write-down of investments (note 4)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	2,645	-	-
Other
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	140	-115	-	-15	-	-3,267
Other income, net (Note 10)
887	3,022	-581	1,254	700	5,590	-1,112	-1,357	-1,370	4,477	-1,903	-806	-1,127	-422	-885	-1,730	-385	-444	288	-1,944	1,997	821	-1,253	-2,373	592	-	-4,091	-	733
Loss before income taxes and other items
-6,331	-7,561	-7,797	-5,159	-5,966	-5,852	-8,034	-9,158	-7,896	-8,440	-9,714	-8,364	-10,090	-6,077	-7,307	-9,121	-9,915	-7,029	-6,291	-9,190	-9,289	-6,835	-12,008	-10,637	-10,741	-	-19,962	-	-13,776
Income tax expense
264	306	259	356	357	372	9	79	66	89	67	98	53	124	74	17	62	139	10	-6	10	268	1	44	-50	-	0	-	0
Net loss attributable to non-controlling interest
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
Net loss attributable to shareholders
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-13,776
Net income (loss) attributable to shareholders:
Net loss from continuing operations
-	-	-8,056	-5,515	-	-6,224	-8,043	-9,237	-7,962	-	-9,781	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-13,776
Net loss from discontinued operations, net of tax (Note 4)
-	-	0	-	-	-70	-80,582	-394	-253	-	-612	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
Net loss
-6,595	-7,867	-8,056	-5,515	-6,323	-6,294	-88,625	-9,631	-8,215	-10,018	-10,393	-8,462	-10,143	-7,350	-7,381	-9,138	-9,977	-7,168	-6,301	-9,184	-9,299	-7,103	-12,009	-10,681	-10,691	-19,189	-19,962	-9,833	-13,776
Other comprehensive income (loss):
Foreign currency translation adjustments
-455	26	900	-1,397	519	-277	-2,448	-3,205	1,868	-8,529	22,502	-4,884	3,325	-7,202	-127	9,699	-4,022	-4,544	-17,969	1,544	-31,760	-	-	-	-	-	-	-2,994	-
Reclassification of cumulative translation adjustment included in net loss from discontinued operations (Note 4)
-	-	0	-	-	-	13,776	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Unrealized holding gain (loss) on marketable securities during period net of $nil, $(128) and $43 tax (recovery) expense, respectively
-	-	0	-	-	-256	-26	-165	-94	88	48	-79	214	-160	42	559	36	100	-75	-190	-62	-	-	-	-	-	-	-372	-
Reclassification adjustment for losses on marketable securities included in net loss from continuing operations (Note 11)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-426	-	-	-	-	-	-	-	-	-

-455	26	900	-1,397	519	-457	-16,250	-3,370	1,774	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net unrealized gain, net of $43, $69 and $2 tax expense
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-75	236	-	-	-	-	-	-	-	-372	-

-	-	-	-	-	-	-	-	-	-	22,550	-4,963	3,539	-7,362	-85	10,258	-3,986	-4,444	-18,044	1,780	-31,822	-	-	-	-	-	-	-3,366	-
Comprehensive loss
-7,050	-7,841	-7,156	-6,912	-5,804	-6,751	-104,875	-13,001	-6,441	-18,459	12,157	-13,425	-6,604	-14,712	-7,466	1,120	-13,963	-11,612	-24,345	-7,404	-41,121	-	-	-	-	-	-	-13,199	-
Discontinued operations
-	-	0	-	-	-70	-80,582	-394	-253	-	-612	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
Net income (loss) attributable to shareholders
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-13,776
Net loss per common share – basic and diluted
Continuing operations (in dollars per share)
-	-	-0.02	-0.02	-	-0.02	-0.02	-0.03	-0.03	-	-0.03	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Discontinued operations (in dollars per share)
-	-	0.00	-	-	-	-0.25	-	-	-	0.00	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net loss per common share – basic and diluted (in dollars per share)
-0.02	-0.03	-0.02	-0.02	-0.02	-0.02	-0.27	-0.03	-0.03	-0.03	-0.03	-0.03	-0.03	-0.03	-0.02	-0.03	-0.03	-0.02	-0.02	-0.03	-0.03	-0.03	-0.04	-0.03	-0.03	-	-0.06	-	-0.05
Weighted average shares outstanding
Basic and diluted (thousands) (in shares)
328,286	327,096	326,050	325,245	324,749	322,851	322,501	322,305	322,291	321,863	321,683	321,662	321,428	958,489	319,967	319	319	1,270,446	317	317	317	1,267,860	317	317	316	-	316	-	303