Enertopia Corp. Files 10-Q for Period Ending February 29, 2024
Ticker: ENRT · Form: 10-Q · Filed: Apr 15, 2024 · CIK: 1346022
Sentiment: neutral
Topics: Enertopia Corp., 10-Q, Quarterly Report, Financials, SEC Filing
TL;DR
<b>Enertopia Corp. has filed its Q2 2024 10-Q report.</b>
AI Summary
Enertopia Corp. (ENRT) filed a Quarterly Report (10-Q) with the SEC on April 15, 2024. Enertopia Corp. filed its Form 10-Q for the period ending February 29, 2024. The filing covers the second quarter of fiscal year 2024. The company's fiscal year ends on August 31st. The filing was made on April 15, 2024. The company was formerly known as Golden Aria Corp. until December 5, 2005.
Why It Matters
For investors and stakeholders tracking Enertopia Corp., this filing contains several important signals. This filing provides investors with the latest financial performance and operational updates for Enertopia Corp. Understanding the details within this 10-Q is crucial for assessing the company's current financial health and future prospects.
Risk Assessment
Risk Level: low — Enertopia Corp. shows low risk based on this filing. The filing is a standard quarterly report (10-Q) and does not contain immediate, significant financial or operational disclosures that would inherently increase risk.
Analyst Insight
Review the detailed financial statements and management's discussion and analysis within the 10-Q to understand Enertopia Corp.'s performance and outlook.
Key Numbers
- 2024-02-29 — Period End Date (Form 10-Q)
- 2024-04-15 — Filing Date (Form 10-Q)
- 0831 — Fiscal Year End (Company fiscal year)
- 2005-12-05 — Name Change Date (Former company name)
Key Players & Entities
- Enertopia Corp. (company) — Filer name
- Golden Aria Corp. (company) — Former company name
- 2024-02-29 (date) — Period end date
- 2024-04-15 (date) — Filing date
- NV (state) — State of incorporation
FAQ
When did Enertopia Corp. file this 10-Q?
Enertopia Corp. filed this Quarterly Report (10-Q) with the SEC on April 15, 2024.
What is a 10-Q filing?
A 10-Q is a quarterly financial report with unaudited financials, management discussion, and interim business updates. This particular 10-Q was filed by Enertopia Corp. (ENRT).
Where can I read the original 10-Q filing from Enertopia Corp.?
You can access the original filing directly on the SEC's EDGAR system. The filing is publicly available and includes all exhibits and attachments submitted by Enertopia Corp..
What are the key takeaways from Enertopia Corp.'s 10-Q?
Enertopia Corp. filed this 10-Q on April 15, 2024. Key takeaways: Enertopia Corp. filed its Form 10-Q for the period ending February 29, 2024.. The filing covers the second quarter of fiscal year 2024.. The company's fiscal year ends on August 31st..
Is Enertopia Corp. a risky investment based on this filing?
Based on this 10-Q, Enertopia Corp. presents a relatively low-risk profile. The filing is a standard quarterly report (10-Q) and does not contain immediate, significant financial or operational disclosures that would inherently increase risk.
What should investors do after reading Enertopia Corp.'s 10-Q?
Review the detailed financial statements and management's discussion and analysis within the 10-Q to understand Enertopia Corp.'s performance and outlook. The overall sentiment from this filing is neutral.
How does Enertopia Corp. compare to its industry peers?
Enertopia Corp. operates within the Metal Mining industry, as indicated by its SIC code.
Are there regulatory concerns for Enertopia Corp.?
The filing is a standard Form 10-Q, adhering to the reporting requirements of the Securities Exchange Act of 1934.
Industry Context
Enertopia Corp. operates within the Metal Mining industry, as indicated by its SIC code.
Regulatory Implications
The filing is a standard Form 10-Q, adhering to the reporting requirements of the Securities Exchange Act of 1934.
What Investors Should Do
- Analyze the financial statements for revenue, net income, and cash flow.
- Review the Management's Discussion and Analysis (MD&A) section for operational insights.
- Check for any new risk factors or updates to existing ones.
Key Dates
- 2024-02-29: Period End Date — End of the reporting period for the 10-Q filing.
- 2024-04-15: Filing Date — Date the 10-Q was officially filed with the SEC.
Year-Over-Year Comparison
This is the first 10-Q filing for the fiscal year 2024, following the annual report (10-K) for the period ending August 31, 2023.
Filing Stats: 4,596 words · 18 min read · ~15 pages · Grade level 13.2 · Accepted 2024-04-12 19:42:09
Filing Documents
- form10q.htm (10-Q) — 707KB
- exhibit31-1.htm (EX-31.1) — 6KB
- exhibit31-2.htm (EX-31.2) — 6KB
- exhibit32-1.htm (EX-32.1) — 4KB
- exhibit32-2.htm (EX-32.2) — 4KB
- 0001062993-24-008368.txt ( ) — 4488KB
- enrt-20240229.xsd (EX-101.SCH) — 99KB
- enrt-20240229_cal.xml (EX-101.CAL) — 28KB
- enrt-20240229_def.xml (EX-101.DEF) — 82KB
- enrt-20240229_lab.xml (EX-101.LAB) — 965KB
- enrt-20240229_pre.xml (EX-101.PRE) — 197KB
- form10q_htm.xml (XML) — 507KB
Financial Statements
Item 1. Financial Statements. Our unaudited condensed financial statements for the six month period ended February 29, 2024 form part of this quarterly report. They are stated in United States Dollars (US$) and are prepared in accordance with United States generally accepted accounting principles. ENERTOPIA CORP. CONDENSED CONSOLIDATED INTERIM BALANCE SHEETS (UNAUDITED) (Expressed in U.S. Dollars) February 29, August 31, 2024 2023 ASSETS Current Cash and cash equivalents $ 267,691 $ 259,581 Marketable securities (Note 4) 430,314 989,307 Accounts receivable 1,299 9,482 Prepaid expenses and deposit (Note 12) 42,081 89,338 Total Current Assets 741,385 1,347,708 Non-current assets, net Mineral property (Note 5) 10,500 10,500 TOTAL ASSETS $ 751,885 $ 1,358,208 LIABILITIES Current Accounts payable and accrued liabilities $ 278,834 $ 315,404 Due to related party (Note 7) 4,559 17,196 Total Liabilities 283,393 332,600 STOCKHOLDERS' EQUITY Share Capital (Note 8) Authorized: 500,000,000 common voting shares with a par value of $ 0.001 per share Issued and outstanding: 155,166,088 common shares at February 29, 2024 and 155,166,088 at August 31, 2023 155,167 155,167 Additional paid-in capital (Note 9) 15,397,607 15,397,607 Deficit ( 15,083,179 ) ( 14,526,485 ) Equity attributable to shareholders of the Company 469,595 1,026,289 Non-controlling interest ( 1,103 ) ( 681 ) Total Stockholders' Equity 468,492 1,025,608 TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 751,885 $ 1,358,208 The accompanying notes are an integral part of these unaudited condensed consolidated interim financial statements. ENERTOPIA CORP. CONDENSED CONSOLIDATED INTERIM STATEMENTS OF STOCKHOLDERS' EQUITY (UNAUDITED) (Expressed in U.S. Dollars) COMMON STOCK SHARES AMOUNT ADDITIONAL PAID-IN CAPITAL ACCUMULATED DEFICIT NON- CONTROLLING INTEREST TOT