10-Q quarterly report · filed Sep 11, 2026

U.S. GOLD CORP. (USAU) Q3 2026 10-Q Quarterly Report

Short answer

U.S. GOLD CORP. (USAU) filed its Q3 2026 10-Q quarterly report on Sep 11, 2026 for the quarter ended Jul 31, 2026.

Q3 2026 key financials · XBRL

Net income
−$5M
−121.5% YoY
EPS (diluted)
−$0.28
−86.7% YoY

Source: XBRL data from the U.S. GOLD CORP. (USAU) Q3 2026 10-Q on SEC EDGAR. USD.

U.S. GOLD CORP. Q3 2026 10-Q analysis

AI summary of MD&A and risk factor updates

Management Discussion & Analysis

  • Revenue $0, unchanged YoY; development-stage company with no operations
  • Operating loss $4.759M vs $3.638M YoY; operating margin not meaningful at zero revenue
  • CK Gold Project focus; exploration costs increased $61,000 YoY
  • Cash $27.115M; working capital $27.767M vs $31.576M at April 30, 2026
  • Operating cash use $3.541M vs $3.315M YoY; no financing cash inflows vs $6.496M YoY
  • $394M initial capital need; additional financing required, creating substantial going-concern doubt

Risk Factors

  • Risk-factor disclosure omitted under smaller reporting company status
  • No MSHA regulation under the Mine Act during the three months ended July 31, 2026
  • No director or executive officer adopted or terminated Rule 10b5-1 arrangements during the quarter

Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K

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