SEDAR Interim Financial Statements

[
  {
    "companyName": "NEW ENERGY METALS CORP.",
    "reportingPeriodEnd": "2025-12-31",
    "reportStatus": "Unaudited",
    "auditorName": null,
    "auditorKeyMatters": [],
    "balanceSheet": {
      "cash": 38116,
      "accountsReceivable": 1854,
      "otherAssets": 14378,
      "totalCurrentAssets": 54348,
      "accountsPayableAndAccruedLiabilities": 186153,
      "notePayable": 105081,
      "totalCurrentLiabilities": 291234,
      "shareCapital": 9901554,
      "reserves": 156598,
      "deficit": -10295038,
      "totalEquityDeficiency": -236886,
      "totalLiabilitiesAndEquityDeficiency": 54348,
      "cashPerShare": 0.0077,
      "workingCapitalPerShare": -0.0476
    },
    "incomeStatement": {
      "generalAndAdministration": -5414,
      "managementFees": 16500,
      "professionalFees": 600,
      "regulatoryAndTransferAgent": 8029,
      "shareBasedCompensation": 15660,
      "totalExpenses": -35375,
      "financeCosts": -7105,
      "netLossAndComprehensiveLoss": -42480,
      "netLossPerShareBasicAndDiluted": -0.01,
      "weightedAverageNumberOfCommonSharesOutstanding": 4969724
    },
    "cashFlowStatement": {
      "netLossForThePeriod": -102063,
      "accruedInterest": 12023,
      "shareBasedCompensation": 42398,
      "changesInAccountsReceivable": 22590,
      "changesInOtherAssets": 11354,
      "changesInAccountsPayableAndAccruedLiabilities": -11935,
      "netCashUsedInOperatingActivities": -25633,
      "loanProceeds": null,
      "sharesIssuedForCash": 50040,
      "sharesSubscription": null,
      "netCashProvidedByFinancingActivities": 50040,
      "changeInCash": 24407,
      "cashBeginningOfPeriod": 13709,
      "cashEndOfPeriod": 38116,
      "nonCashTransactionSharesIssuedForExplorationAndEvaluationAssets": null
    },
    "investmentsAndOtherAssets": [
      {
        "type": "Mineral/Resource Properties",
        "description": "Troitsa Kate Copper Property (Troitsa) located in British Columbia, comprising 26 mineral claims",
        "ownershipPercentage": null,
        "value": 0,
        "notes": "Impairment charge recorded; carrying amount written down to $Nil as of June 30, 2025 and December 31, 2025"
      }
    ],
    "shareStructure": {
      "authorizedShares": "Unlimited common shares without par value",
      "issuedShares": 4969724,
      "classesOfShares": ["common shares"],
      "warrants": [
        {
          "number": 278000,
          "exercisePrice": 0.25,
          "expiryDate": "2027-08-08"
        }
      ],
      "options": [
        {
          "number": 46000,
          "exercisePrice": 0.115,
          "expiryDate": "2028-03-03"
        },
        {
          "number": 52000,
          "exercisePrice": 0.115,
          "expiryDate": "2029-06-05"
        },
        {
          "number": 178500,
          "exercisePrice": 0.26,
          "expiryDate": "2030-08-07"
        }
      ],
      "rightsConvertibleInstruments": null
    },
    "managementCompensation": {
      "currency": "CAD",
      "periods": {
        "threeMonthsEndedDec312025": {
          "cfoFees": 16500,
          "shareBasedCompensation": 10189,
          "total": 26689
        },
        "sixMonthsEndedDec312025": {
          "cfoFees": 33000,
          "shareBasedCompensation": 25048,
          "total": 58048
        },
        "threeMonthsEndedDec312024": {
          "cfoFees": 15800,
          "shareBasedCompensation": 1069,
          "total": 16869
        },
        "sixMonthsEndedDec312024": {
          "cfoFees": 21000,
          "shareBasedCompensation": 1439,
          "total": 23239
        }
      },
      "namedIndividuals": [],
      "otherRelatedPartyTransactions": [
        {
          "counterparty": "Former directors, officers and a company controlled by a former director",
          "description": "Amounts due included in accounts payable and accrued liabilities",
          "amount": 62385,
          "period": "As at December 31, 2025"
        }
      ]
    },
    "subsequentEvents": []
  }
]