DYNARESOURCE, INC. Files Q2 2025 10-Q
Ticker: DYNR · Form: 10-Q · Filed: Aug 19, 2025 · CIK: 1111741
Sentiment: neutral
Topics: 10-Q, mining, debt, preferred-stock
TL;DR
DYNARESOURCE, INC. 10-Q filed. Check preferred stock & debt details.
AI Summary
DYNARESOURCE, INC. filed its 10-Q for the period ending June 30, 2025. The filing details financial performance and includes information on preferred stock, commodity contracts, and an amended note agreement dated June 20, 2024. The company is involved in metal mining and is incorporated in Delaware.
Why It Matters
This filing provides investors with an update on DYNARESOURCE, INC.'s financial health and operational status for the second quarter of 2025, impacting investment decisions.
Risk Assessment
Risk Level: medium — The company operates in the metal mining sector, which is subject to commodity price volatility and regulatory risks.
Key Numbers
- 6,000,000 — Preferred Stock (Likely a par value or number of shares related to preferred stock.)
- 33.33 — Percentage (Appears multiple times, possibly related to ownership stakes or financial ratios.)
Key Players & Entities
- DYNARESOURCE, INC. (company) — Filer
- 20250630 (date) — Period of Report
- 20250819 (date) — Filing Date
- METAL MINING [1000] (industry) — Standard Industrial Classification
- DE (location) — State of Incorporation
- 2024-06-20 (date) — Amended Note Agreement Date
FAQ
What is the current financial performance of DYNARESOURCE, INC. as of June 30, 2025?
The 10-Q filing for the period ending June 30, 2025, provides the detailed financial performance, including balance sheets, income statements, and cash flow statements.
What are the key terms of the Amended Note Agreement dated June 20, 2024?
The filing references an 'AmendedNoteAgreementMember' with a date of '2024-06-20', indicating specific terms and conditions related to debt financing.
Does DYNARESOURCE, INC. engage in commodity trading?
Yes, the filing references 'us-gaap:CommodityContractMember' for the period of January 1, 2025, to March 31, 2025, suggesting involvement in commodity contracts.
What types of preferred stock does DYNARESOURCE, INC. have?
The filing mentions 'us-gaap:PreferredStockMember' and specifically 'dynr:PreferredSeriesDMember' and 'dynr:SeriesEPreferredStocksMember', indicating different series of preferred stock.
What is the company's primary industry?
DYNARESOURCE, INC. is classified under 'METAL MINING [1000]' according to its Standard Industrial Classification.
Filing Stats: 4,255 words · 17 min read · ~14 pages · Grade level 15.3 · Accepted 2025-08-19 17:26:27
Filing Documents
- dynr-20250630.htm (10-Q) — 3115KB
- dynr-ex31_1.htm (EX-31.1) — 15KB
- dynr-ex31_2.htm (EX-31.2) — 15KB
- dynr-ex32_1.htm (EX-32.1) — 12KB
- img245372312_0.jpg (GRAPHIC) — 79KB
- img245372312_1.jpg (GRAPHIC) — 105KB
- img245372312_2.jpg (GRAPHIC) — 102KB
- img245372312_3.jpg (GRAPHIC) — 252KB
- img245372312_4.jpg (GRAPHIC) — 123KB
- img245372312_5.jpg (GRAPHIC) — 138KB
- img245372312_6.jpg (GRAPHIC) — 172KB
- img245372312_7.jpg (GRAPHIC) — 64KB
- 0000950170-25-110192.txt ( ) — 15877KB
- dynr-20250630.xsd (EX-101.SCH) — 1428KB
- dynr-20250630_htm.xml (XML) — 2971KB
FINANCIAL STATEMENTS
FINANCIAL STATEMENTS ITEM 1. Unaudited Condensed Interim Consolidated Financial Statements 3 Notes to Unaudited Condensed Interim Consolidated Financial Statements 11 ITEM 2.
Management's Discussion and Analysis of Financial Condition and Results of Operations
Management's Discussion and Analysis of Financial Condition and Results of Operations 34 ITEM 3.
Quantitative and Qualitative Disclosures About Market Risk
Quantitative and Qualitative Disclosures About Market Risk 48 ITEM 4.
Controls and Procedures
Controls and Procedures 48 PART II. OTHER INFORMATION ITEM 1.
Legal Proceedings
Legal Proceedings 50 ITEM 2. Unregistered Sales of Equity Securities and Use of Proceeds 51 ITEM 3. Defaults Upon Senior Securities 51 ITEM 4. Mine Safety Disclosures 51 ITEM 5. Other Information 51 ITEM 6. Exhibits 52 CERTIFICATIONS EXHIBIT 31.1 CHIEF EXECUTIVE OFFICER CERTIFICATION EXHIBIT 31.2 CHIEF FINANCIAL OFFICER CERTIFICATION EXHIBIT 32.1 CERTIFICATION PURSUANT TO 18 U.S.C. SECTION 1350 2 Table of Contents DYNARESOURCE, INC. CONDENSED INTERIM CONSOLIDATE D BAL ANCE SHEETS JUNE 30, 2025 AND DECEMBER 31, 2024 3 Table of Contents June 30, December 31, 2025 2024 (Unaudited) (Restated) ASSETS Current assets Cash $ 2,537,373 $ 4,781,352 Accounts receivable 774,654 1,208,346 Concentrate and ore inventories (Note 4) 1,597,036 1,576,392 Foreign tax receivable 1,684,755 2,690,309 Supplies inventory (Note 6) 2,145,355 1,258,064 Other current assets (Note 6) 2,102,257 656,239 Total current assets 10,841,430 12,170,702 Mineral property interests, plant and equipment (net of accumulated depreciation and depletion of $ 451,275 and $ 42,738 ) (Note 5) 9,724,746 4,211,968 Right-of-use assets, net 678,720 734,229 Deferred tax asset, net (Note 14) 3,549,498 4,633,513 Foreign tax receivable 22,563,743 16,613,129 Other assets 167,809 160,407 TOTAL ASSETS $ 47,525,946 $ 38,523,948 LIABILITIES, TEMPORARY EQUITY AND STOCKHOLDERS' EQUITY Current liabilities Accounts payable and accrued liabilities (Note 7) $ 14,399,702 $ 10,317,179 Accrued mining taxes and other liabilities (Note 7) 6,125,642 5,172,685 Derivative liability (Note 8) 1,159,816 892,167 Credit line (Note 9) 10,059,931 9,850,000 Current portion of operating lease payable (Note 15) 137,432 122,630 Mining concession duties payable (Note 10) 4,715,022 4,059,565 Total current liabilities 36,597,545 30,414,226 Ope