We are a startup mining exploration company without mining operations. Since our inception, we have not generated any revenues and at October 31, 2015, our net losses were $76,094. In their audit report included in this Annual Report, our auditors have expressed their doubt as to our ability to continue as a going concern. To date, we have funded our operations by issuing equity and debt and our lack of capital has delayed the implementation of our business plan. There can be no assurances that we will be able to obtain such capital on sufficient terms, if at all.
Company profile
Ticker
YCRM, ARSND
Exchange
Website
CEO
Tracy Fortner
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
Aureus Inc, Aureus, Inc.
SEC CIK
YCRM stock data
Latest filings (excl ownership)
8-K
Entry into a Material Definitive Agreement
15 Apr 24
NT 10-K
Notice of late annual filing
27 Mar 24
8-K
Amendments to Articles of Incorporation or Bylaws
27 Mar 24
NT 10-Q
Notice of late quarterly filing
18 Mar 24
S-1
IPO registration
21 Feb 24
10-K
2023 FY
Annual report
15 Feb 24
8-K
ReachOut Technology Unveils Strategic Vision and Achievements in Buffalo Fireside Chats Livestream with CEO Rick Jordan
2 Feb 24
NT 10-K
Notice of late annual filing
29 Jan 24
8-K
Completion of Acquisition or Disposition of Assets
16 Jan 24
8-K
Yuengling’s Ice Cream Announces Acquisition of Cybersecurity Firm
16 Nov 23
Financial summary
Quarter (USD) | Jul 23 | Apr 23 | Jan 23 | Oct 22 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Oct 22 | Oct 21 | Oct 16 | Oct 15 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 943.00 | 943.00 | 943.00 | 943.00 | 943.00 | 943.00 |
Cash burn (monthly) | (no burn) | 1.62 k | 57.65 k | 40.02 k | 8.29 k | 10.37 k |
Cash used (since last report) | n/a | 14.35 k | 510.13 k | 354.13 k | 73.33 k | 91.78 k |
Cash remaining | n/a | -13.41 k | -509.19 k | -353.19 k | -72.38 k | -90.84 k |
Runway (months of cash) | n/a | -8.3 | -8.8 | -8.8 | -8.7 | -8.8 |