Overview
- IndustryGold and Silver Ores1
- HeadquartersReno, Nevada1
- Incorporated inNV2
- Business address1290 Holcomb Ave., Reno, Nv 895022
- Filer categoryNon-accelerated filer, Smaller reporting company2
- Legal formCorporation
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Increased demand for goods that result in lower emissions than competing products;3 From its latest annual report
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2023
Where the money goes
Where each dollar of revenue went, fiscal 2023
- Other costs100¢$2.5M
- Interest0¢$1.5K
Out of $2.5M in revenue.4 The company lost money this year.
Financial statements
| Fiscal year | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|
| Revenue | $162.8K5 | $229.5K6 | $851.7K7 | $5.5M8 | $7.7M9 | $4.6M4 | $2.5M4 |
| Operating expenses | $10.5M9 | $10.6M4 | $10.4M4 | ||||
| Operating income | -$1.5M5 | -$2.8M6 | -$2.7M7 | -$2.2M8 | -$2.8M9 | -$6.0M4 | -$7.9M4 |
| Interest | $46.8K6 | $46.4K6 | $91.3K8 | $81.2K9 | $14.8K4 | $1.5K4 | |
| Income before tax | -$3.0M9 | -$6.5M4 | -$9.4M4 | ||||
| Income tax | |||||||
| Net income | -$4.1M5 | $21.3M6 | -$3.8M7 | -$1.8M8 | -$3.0M9 | -$6.5M4 | -$9.4M4 |
| Earnings per share | -$0.305 | $1.326 | -$0.156 | -$0.078 | -$0.119 | -$0.244 | -$0.354 |
| Earnings per share (diluted) | -$0.305 | $1.126 | -$0.156 | -$0.119 | -$0.244 | -$0.354 | |
| Shares (weighted, basic) | 26.8M shares9 | 26.8M shares4 | 26.8M shares4 | ||||
| Shares (weighted, diluted) | 26.8M shares9 | 26.8M shares4 | 26.8M shares4 |
| Fiscal year | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|
| Cash | $4.2K6 | $8.7K7 | $2.1M7 | $173.3K8 | $424.6K9 | $581.0K4 | $234.7K4 |
| Receivables | $270.1K9 | ||||||
| Inventory | $4.7M9 | $3.5M4 | $1.7M4 | ||||
| Current assets | $478.2K5 | $1.2M6 | $6.6M7 | $5.5M8 | $5.4M9 | $4.2M4 | $2.0M4 |
| Property, plant and equipment | $4.9M9 | $4.4M4 | $3.9M4 | ||||
| Total assets | $7.7M5 | $6.3M6 | $16.4M7 | $17.0M8 | $16.1M9 | $13.8M4 | $10.3M4 |
| Short-term debt | $58.1K9 | ||||||
| Current liabilities | $4.1M5 | $4.0M6 | $2.1M7 | $6.8M8 | $19.1M9 | $23.3M4 | $29.9M4 |
| Long-term debt | $1.2M8 | $543.5K9 | $58.1K9 | ||||
| Long-term liabilities | $1.5M9 | $1.5M9 | |||||
| Total liabilities | $29.7M5 | $4.8M6 | $16.4M7 | $18.6M8 | $20.6M9 | $24.8M4 | $30.7M4 |
| Retained earnings | -$14.2M9 | -$20.7M4 | -$30.1M4 | ||||
| Shareholders’ equity | -$21.9M6 | $1.5M7 | $41.9K8 | -$1.6M9 | -$4.6M4 | -$11.0M4 | -$20.4M4 |
| Shares outstanding | 14.0M shares5 | 20.9M shares6 | 26.6M shares7 | 26.8M shares8 | 26.8M shares9 | 26.8M shares4 | 26.8M shares4 |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
| Fiscal year | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|
| Cash from operations | -$1.1M5 | -$659.9K6 | -$7.0M7 | -$1.4M8 | $2.0M9 | $1.5M4 | -$89.5K4 |
| Depreciation and amortization | $1.0M9 | $817.8K4 | $669.9K4 | ||||
| Capital spending | $30.7K5 | $73.9K6 | $794.4K7 | $652.4K8 | $261.5K9 | $263.2K4 | $203.0K4 |
| Free cash flow | -$1.1M | -$733.7K | -$7.8M | -$2.1M | $1.7M | $1.2M | -$292.5K |
| Cash from investing | -$444.6K9 | -$862.1K4 | -$198.8K4 | ||||
| Cash from financing | -$1.3M9 | -$485.4K4 | -$58.1K4 |
What it owns
What Desert Hawk Gold Corp. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.
Property and equipment
| Item | Latest | A year before | Change |
|---|---|---|---|
| Property and equipment, net | $3.9M4 Dec 31, 2023 | $4.4M4 Dec 31, 2022 | −11.1% |
Investments
| Item | Latest | A year before | Change |
|---|---|---|---|
| Cash and cash equivalents | $234.7K4 Dec 31, 2023 | $581.0K4 Dec 31, 2022 | −59.6% |
| Deposits held (banks) | $926.4K4 Dec 31, 2023 | $917.5K4 Dec 31, 2022 | +1.0% |
Inventory
Leadership
Named in SEC Form D filings
People the company listed in its private-offering notices.
Former names
- LUCKY JOE MINING COFeb 19, 2002 to Dec 24, 20082
Timeline
Filings
20 filings to the SEC since October 2021: 3 annual reports, 7 quarterly reports, 2 major events, 2 private raises, 6 other. The latest 20:
- Jan 3, 202515-15D EDGAR
- May 28, 20248-K CURRENT REPORT EDGAR
- Apr 23, 2024D EDGAR
- Apr 15, 2024D EDGAR
- Apr 1, 202410-K ANNUAL REPORT EDGAR
- Nov 14, 202310-Q QUARTERLY REPORT EDGAR
- Aug 8, 202310-Q QUARTERLY REPORT EDGAR
- Jun 7, 2023EFFECT EDGAR
- May 31, 2023POS AM POST-EFFECTIVE AMENDMENT NO. 3 TO FORM S-1 EDGAR
- May 15, 202310-Q QUARTERLY REPORT EDGAR
- Mar 30, 202310-K ANNUAL REPORT EDGAR
- Jan 5, 20238-K CURRENT REPORT EDGAR
- Nov 14, 202210-Q QUARTERLY REPORT EDGAR
- Aug 15, 202210-Q QUARTERLY REPORT EDGAR
- May 16, 202210-Q QUARTERLY REPORT EDGAR
- Apr 8, 2022EFFECT EDGAR
- Apr 5, 2022POS AM POST-EFFECTIVE AMENDMENT NO. 2 TO FORM S-1 EDGAR
- Mar 31, 202210-K ANNUAL REPORT EDGAR
- Nov 16, 202110-Q QUARTERLY REPORT EDGAR
- Nov 15, 2021NT 10-Q NOTIFICATION OF LATE FILING EDGAR
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Funding
Where the company's money came from, by calendar year: private offerings filed with the SEC, federal grants, loans, contracts and other assistance from USAspending.gov, and PPP loans from the SBA. Each bar links to the records below.
- Private raises (Form D) $176.2K
- PPP loans $463.5K
Figures by year
| Year | Private raises (Form D) | PPP loans | Total |
|---|---|---|---|
| 2024 | $176.2K | – | $176.2K |
| 2020 | – | $463.5K | $463.5K |
Private raises
Private offerings the company reported to the SEC on Form D. The amount is what the latest filing says was sold so far, charted in the year of the first sale. Covers filings since Oct 1, 2021.
- Apr 15, 2024Raised $28,740 in a private offering of equity12 Form D: 2 investors so far Form D
- Apr 4, 2024Raised $147,500 in a private offering of equity15 Form D: 6 investors so far Form D
PPP loans
Paycheck Protection Program loans of $150,000 and up, approved April 2020 to July 2021, from the SBA16. Matched to this company by name and state.
- Apr 11, 2020$463.5K PPP loan (first draw) from Glacier Bank16To DESERT HAWK GOLD CORP, Reno NV; $466.3K forgiven Nov 24, 2020
SEC filer profile
How Desert Hawk Gold Corp. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGARDesert Hawk Gold Corp.1
- CIK0001168081
- Employer ID (EIN)82-02309971
- Filer statusNon-accelerated filer<br>smaller reporting company1
- Incorporated inNevada1
- Fiscal year endsDecember 311
- Industry code (SIC)1040 Gold and Silver Ores1
- SEC reviewing officeOffice of Energy & Transportation, Division of Corporation Finance1
- Business address1290 Holcomb Ave., Reno, NV 895021
- Phone(775) 322-46211
- Shares outstanding26,831,603 as of Mar 30, 20244
- Public float$9.0M as of Jun 30, 20234
- On EDGAR sinceFeb 19, 20021
- Filings168 in all: 8-K (40), 10-Q (39), D (19), 10-K (14), UPLOAD (9), NT 10-K (7), CORRESP (6), NT 10-Q (6)1
All 19 form types
EFFECT (5), 10-Q/A (4), S-1/A (4), 424B3 (3), POS AM (3), D/A (2), REGDEX (2), S-1 (2), 10-K/A (1), 15-15D (1), S-8 (1)
- Latest filingsAnnual report (10-K) Apr 1, 2024
Quarterly report (10-Q) Nov 14, 2023
Latest 8-K (8-K) May 28, 2024
Sources
The numbers on this page point here. Each one links to the record it came from.
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- 14SEC EDGAROther events
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