U.S. GOLD CORP. USAU
U.S.
Gold Corp., formerly known as Dataram Corporation (the "Company," "we," "our," or "us"),
was re-incorporated under the laws of the State of Nevada in 2016 and was originally incorporated in the State of New Jersey in 1967.
Effective June 26, 2017, the Company changed its legal name to U.S. Gold Corp. from Dataram Corporation. On May 23, 2017, the Company
Last close
10.66
2026-10-23
Market cap
$176.2M
2026-04-30 share count
52-week range
10.65 - 23.75
Valuation FY2025 figures against the last close
P/S—
P/E—
P/FCF—
EV/EBITDA—
Dividend yield—
Diluted EPS-1.15
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | — | — | — | — | — | — | — | — | — | $17.4M |
| Cost of revenue | — | — | — | — | — | — | — | — | — | $19.2M |
| Gross profit | — | — | — | — | — | — | — | — | — | -$1.8M |
| SG&A | $5.2M | $3.9M | $1.4M | $1.5M | $1.2M | $947.5K | $661.4K | $576.2K | $706.8K | $262.2K |
| Total operating expenses | $19.0M | $13.0M | $7.3M | $9.4M | $15.0M | $12.4M | $5.7M | $7.6M | $8.3M | $4.1M |
| Operating income | -$19.0M | -$13.0M | -$7.3M | -$9.4M | -$15.0M | -$12.4M | -$5.7M | -$7.6M | -$8.3M | -$4.1M |
| Pre-tax income | -$17.2M | -$20.6M | -$6.9M | -$7.6M | -$13.9M | -$12.4M | -$5.7M | -$7.6M | -$8.3M | -$4.1M |
| Income tax | — | — | — | — | — | — | $438.1K | $435.3K | $435.3K | — |
| Net income | -$17.2M | -$20.6M | -$6.9M | -$7.6M | -$13.9M | -$12.4M | -$5.2M | -$8.0M | -$13.7M | -$4.1M |
| EPS, basic | -1.15 | -1.80 | -0.74 | -0.90 | -1.92 | -3.80 | — | — | — | — |
| EPS, diluted | -1.15 | -1.80 | -0.74 | -0.90 | -1.92 | -3.80 | -3.17 | -4.36 | -1.14 | -0.42 |
| Shares, diluted (wtd. avg.) | 15.0M | 11.4M | 9.4M | 8.4M | 7.3M | 4.7M | — | 18.5M | 13.4M | — |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | — | — | — | — | — | — | $2.7M | $2.2M | $7.6M | $6.8M |
| Inventory | — | — | — | — | — | — | — | — | — | $945.0K |
| Total current assets | $32.2M | $8.9M | $6.5M | $8.4M | $9.9M | $14.1M | $3.2M | $2.8M | $8.3M | $7.3M |
| Property, plant and equipment | $2.3M | $431.9K | $458.1K | $490.9K | $349.9K | $172.2K | $133.4K | $74.9K | — | $16.0K |
| Goodwill | — | — | — | — | — | — | — | — | — | $1.1M |
| Other intangibles | — | — | — | — | — | — | — | — | — | $274.0K |
| Total assets | $50.2M | $24.9M | $22.6M | $24.2M | $27.5M | $31.3M | $9.8M | $7.4M | $13.0M | $11.4M |
| Accounts payable | $495.1K | $636.7K | $352.8K | $346.7K | $1.1M | $619.0K | $154.4K | $112.3K | $262.7K | $40.5K |
| Total current liabilities | $619.5K | $880.0K | $452.8K | $378.8K | $1.1M | $619.0K | $157.8K | $160.2K | $286.1K | $2.8M |
| Total liabilities | $1.5M | $13.3M | $5.1M | $5.3M | $4.3M | $823.7K | $326.2K | $249.0K | $286.1K | $180.5K |
| Retained earnings | -$110.6M | -$93.4M | -$72.8M | -$66.0M | -$58.3M | -$44.4M | -$31.6M | -$26.3M | -$18.2M | -$4.6M |
| Total equity | $48.8M | $11.6M | $17.5M | $18.9M | $23.2M | $30.1M | $9.5M | $7.2M | $12.7M | $11.3M |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | -$18.2M | -$9.9M | -$7.1M | -$8.7M | -$12.6M | -$8.6M | -$3.9M | -$5.7M | -$7.0M | -$3.4M |
| Depreciation and amortisation | $64.9K | $32.4K | $32.8K | $36.5K | $34.8K | $22.9K | $10.7K | $7.0K | — | $87.0K |
| Stock-based compensation | $1.4M | $2.1M | $593.6K | $1.3M | $1.7M | $3.6M | $1.3M | $2.3M | $1.3M | $912.5K |
| Capital expenditure | $3.3K | $6.2K | — | $177.5K | $179.0K | $43.0K | — | — | — | — |
| Investing cash flow | -$1.9M | -$6.2K | — | $2.6M | -$179.0K | $2.5M | $159.1K | — | $305.9K | -$538.9K |
| Financing cash flow | $42.6M | $12.5M | $4.8M | $4.8M | $8.2M | $17.0M | $4.3M | $219.8K | $7.5M | $10.5M |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001493152-26-040300.
Plot the figures US dollars
Income statement
Revenue
Cost of revenue
Gross profit
R&D
SG&A
Total operating expenses
Operating income
Interest expense
Pre-tax income
Income tax
Net income
EPS, basic
EPS, diluted
Shares, diluted (wtd. avg.)
- Revenue
- Gross profit
- Net income
| Fiscal year | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $17.4M | — | — | — | — | — | — | — | — | — |
| Gross profit | -$1.8M | — | — | — | — | — | — | — | — | — |
| Net income | -$4.1M | -$13.7M | -$8.0M | -$5.2M | -$12.4M | -$13.9M | -$7.6M | -$6.9M | -$20.6M | -$17.2M |
Recent filings and events
- Annual report filed A new 10-K. The figures and the business description on this site come from it. Form 10-K
- Other event The catch-all. The company chose to disclose something that fits no other item, so the content is whatever it says it is. Item 8.01
- Regulation FD disclosure Something the company told the market and had to tell everyone at once - usually a slide deck or a press release. Item 7.01
- Shareholder vote The results of the annual meeting or a special vote. Item 5.07
- Regulation FD disclosure Item 7.01
- Material agreement signed The company entered an agreement outside the ordinary course of business - a large contract, a credit facility, a merger agreement. Item 1.01
- Unregistered share sale Shares issued outside a registered offering. Dilution, and for a small company often the way it is funded. Item 3.02
- Regulation FD disclosure Item 7.01
- Material agreement terminated An agreement that mattered has ended. Often the other half of a deal that fell through. Item 1.02
- Auditor changed The company changed auditors. Sometimes routine; historically one of the more reliable warnings that something is wrong. Item 4.01
- Material agreement signed Item 1.01
- Shareholder rights changed The terms attaching to the shares themselves have changed. Item 3.03
Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.
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