Company research
GOLD RESERVE LTD
CIK 1072725Updated Sep 24, 2026
SecuritiesGDRZF · OTC · equityGRZ · TSXV · equity
Name history
GOLD RESERVE INC · through Oct 7, 2024
GDRZF price & chart
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Financials
FY 2023 · USDSource
Source
Source
balance sheet · annual statements
| Line item | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|
| ASSETS | ||||
| AssetsUSD | 39,740,147Source | 52,943,925Source | 60,640,443Source | 69,435,303Source |
| Property, Plant and Equipment, NetUSD | 384,390Source | 1,416,152Source | 2,153,678Source | 2,514,552Source |
| Current assets: | ||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 8,529,162Source | 15,380,489Source | 49,117,630Source | 57,415,350Source |
| Assets, CurrentUSD | 39,355,757Source | 51,527,773Source | 58,412,350Source | 66,755,175Source |
| Operating Lease, Right-of-Use AssetUSD | — | — | 74,415Source | 165,576Source |
| LIABILITIES AND EQUITY | ||||
| LiabilitiesUSD | 11,164,775Source | 1,351,341Source | 610,561Source | 1,011,079Source |
| Stockholders’ equity: | ||||
| Common Stock, Value, IssuedUSD | — | 302,679,682Source | 302,679,682Source | 302,469,647Source |
| Retained Earnings (Accumulated Deficit)USD | -318,392,763Source | -295,273,771Source | -286,677,255Source | -276,080,463Source |
| Stockholders' Equity Attributable to ParentUSD | 28,575,372Source | 51,592,584Source | 60,029,882Source | 68,424,224Source |
| Additional Paid in Capital, Common StockUSD | 20,625,372Source | 20,625,372Source | 20,625,372Source | 20,625,372Source |
| Liabilities and EquityUSD | 39,740,147Source | 52,943,925Source | 60,640,443Source | 69,435,303Source |
| Current liabilities: | ||||
| Liabilities, CurrentUSD | 11,164,775Source | 1,351,341Source | 610,561Source | 933,986Source |
| Operating Lease, Liability, CurrentUSD | — | — | — | 92,819Source |
| Operating Lease, Liability, NoncurrentUSD | — | — | — | 77,093Source |
| Additional Financial Items | ||||
| Short-term InvestmentsUSD | 8,074,105Source | 14,257,394Source | 47,270,788Source | 47,958,289Source |
cash flow · annual statements
| Line item | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Net Income (Loss), Including Portion Attributable to Noncontrolling InterestUSD | -23,118,992Source | -8,596,516Source | -10,596,792Source | -11,517,285Source |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||
| Deferred Income Tax Expense (Benefit)USD | — | — | — | -1,089,360Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | -7,428,497Source | -6,362,584Source | -8,610,728Source | -4,558,809Source |
| Cash flows from investing activities: | ||||
| Net Cash Provided by (Used in) Investing ActivitiesUSD | 576,089Source | -27,374,557Source | 313,008Source | 152,022Source |
| Payments to Acquire Property, Plant, and EquipmentUSD | — | — | 2,381Source | 46,753Source |
| Cash flows from financing activities: | ||||
| Net Cash Provided by (Used in) Financing ActivitiesUSD | 1,081Source | — | — | — |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | -6,851,327Source | -33,737,141Source | — | — |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 8,529,162Source | 15,380,489Source | — | — |
| Additional Financial Items | ||||
| DepreciationUSD | 63,012Source | 104,143Source | 106,428Source | 124,267Source |
| Gain (Loss) on Disposition of Property Plant Equipment, Excluding Oil and Gas Property and Timber PropertyUSD | — | -8,410Source | 58,562Source | -30,476Source |
| Gain (Loss) on InvestmentsUSD | 1,077,839Source | -7,165Source | 21,643Source | 5,756Source |
| Gain (Loss) on Disposition of Property Plant EquipmentUSD | — | 8,410Source | -58,562Source | 30,476Source |
| General and Administrative ExpenseUSD | 4,861,109Source | 5,149,650Source | 6,018,724Source | 5,147,333Source |
| Income Tax Expense (Benefit)USD | -17,798,883Source | — | — | -1,089,360Source |
| Investment Income, InterestUSD | 1,911,292Source | 582,523Source | 31,095Source | 294,277Source |
| Net Income (Loss) Attributable to ParentUSD | -23,118,992Source | -8,596,516Source | -10,596,792Source | -11,517,285Source |
| Nonoperating Income (Expense)USD | 2,948,925Source | 466,673Source | 90,898Source | 293,657Source |
| Operating Costs and ExpensesUSD | 8,269,034Source | 9,063,189Source | 10,687,690Source | 12,900,302Source |
| Proceeds from Stock Options ExercisedUSD | 1,081Source | — | — | — |
| Stock or Unit Option Plan ExpenseUSD | 100,699Source | 159,218Source | 1,992,415Source | 656,775Source |
income statement · annual statements
| Line item | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|
| Income Tax Expense (Benefit)USD | -17,798,883Source | — | — | -1,089,360Source |
| Net Income (Loss) Attributable to ParentUSD | -23,118,992Source | -8,596,516Source | -10,596,792Source | -11,517,285Source |
| Weighted Average Number of Shares Outstanding, Basicshares | — | — | — | 99,395,048Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | — | — | — | 99,395,048Source |
| Additional Financial Items | ||||
| Gain (Loss) on InvestmentsUSD | 1,077,839Source | -7,165Source | 21,643Source | 5,756Source |
| General and Administrative ExpenseUSD | 4,861,109Source | 5,149,650Source | 6,018,724Source | 5,147,333Source |
| Income (Loss) from Continuing Operations before Income Taxes, DomesticUSD | -5,320,109Source | — | — | — |
| Investment Income, InterestUSD | 1,911,292Source | 582,523Source | 31,095Source | 294,277Source |
| Nonoperating Income (Expense)USD | 2,948,925Source | 466,673Source | 90,898Source | 293,657Source |
| Operating Costs and ExpensesUSD | 8,269,034Source | 9,063,189Source | 10,687,690Source | 12,900,302Source |