Atlas Lithium Corp
Financial highlights
| Metric | FY 12/31/25 | FY 12/31/24 | FY 12/31/23 | FY 12/31/22 | FY 12/31/21 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $121,388 | $748,654 | — | $6,765 | $10,232 |
| Cost of revenue | $151,922 | $401,437 | — | $63,548 | $245,810 |
| Gross profit | -$59,431 | $265,694 | — | -$56,783 | -$235,578 |
| Operating expenses | $31.6M | $44.1M | $42.1M | $5.9M | $3.3M |
| Operating income | -$31.7M | -$43.9M | -$42.1M | -$5.9M | -$3.5M |
| Interest expense | $650,003 | $814,646 | $82,395 | — | — |
| Pretax income | -$31.9M | -$44.4M | -$42.0M | -$6.1M | -$4.0M |
| Income tax expense | — | $18,923 | — | — | — |
| Net income | -$28.1M | -$42.2M | -$40.8M | -$4.9M | -$2.8M |
| Balance Sheet | |||||
| Cash and equivalents | $35.9M | $15.5M | $29.5M | $280,358 | — |
| Current assets | $37.9M | $16.2M | $29.7M | $327,490 | $57,930 |
| Total assets | $87.7M | $57.9M | $43.6M | $5.1M | $1.6M |
| Current liabilities | $14.8M | $5.7M | $5.9M | $3.5M | $998,405 |
| Total liabilities | $35.2M | $35.8M | $35.9M | $3.6M | $1.1M |
| Stockholders' equity | $52.0M | $21.3M | $7.2M | $1.7M | -$1.1M |
| Cash Flow Statement | |||||
| Cash from operations | -$22.2M | -$18.8M | -$6.0M | -$3.2M | -$1.1M |
| Depreciation and amortization | $28,877 | $4,381 | $24,923 | $13,806 | $37,328 |
| Stock-based compensation | $9.3M | $25.3M | $15.5M | $2.5M | $1.5M |
| Capital expenditure | $6.1M | $22.4M | $7.9M | $1.0M | — |
| Free cash flow | -$28.3M | -$41.2M | -$13.9M | -$4.2M | — |
| Impairments | — | — | — | $0 | $0 |
Shares outstanding 29.5M · Free float 69.0%
Annual filing data through FY ended December 31, 2025; float as of July 14, 2026.