<span item_type="fundamental" item_id="8f295925cbe8735e0782e86170c5eab0" counter_id="ST/US/AHNRF" env="prod"></span><span item_type="announcement" item_id="533318613681248257" env="prod"></span><p>EPS: As of FY2024 Q2, the actual value is USD 0.</p><p></p><h3>Segment Revenue</h3><ul><li><strong>Exploration, Evaluation, and Project Expenses</strong>: For the three months ended June 30, 2024, expenses were $21,986, a significant decrease from $187,429 in the same period in 2023. For the six months ended June 30, 2024, expenses were $62,400, down from $204,197 in 2023.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1304409/000168316824005637/athenagold_i10q-063024.htm"></span></li></ul><h3>Operational Metrics</h3><ul><li><strong>Net Operating Loss</strong>: For the three months ended June 30, 2024, the net operating loss was - $97,799, compared to - $308,422 in the same period in 2023. For the six months ended June 30, 2024, the net operating loss was - $267,040, compared to - $465,654 in 2023.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1304409/000168316824005637/athenagold_i10q-063024.htm"></span></li><li><strong>Net Loss</strong>: For the three months ended June 30, 2024, the net loss was - $176,191, compared to - $277,755 in the same period in 2023. For the six months ended June 30, 2024, the net loss was - $516,954, compared to - $38,294 in 2023.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1304409/000168316824005637/athenagold_i10q-063024.htm"></span></li></ul><h3>Cash Flow</h3><ul><li><strong>Net Cash Used in Operating Activities</strong>: For the six months ended June 30, 2024, net cash used in operating activities was - $190,174, compared to - $388,127 in the same period in 2023.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1304409/000168316824005637/athenagold_i10q-063024.htm"></span></li><li><strong>Net Cash Provided by Financing Activities</strong>: For the six months ended June 30, 2024, net cash provided by financing activities was $202,719, compared to $690,020 in the same period in 2023.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1304409/000168316824005637/athenagold_i10q-063024.htm"></span></li></ul><h3>Unique Metrics</h3><ul><li><strong>Revaluation of Warrant Liability</strong>: For the six months ended June 30, 2024, the revaluation of warrant liability resulted in a loss of - $191,712, compared to a gain of $427,360 in the same period in 2023.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1304409/000168316824005637/athenagold_i10q-063024.htm"></span></li></ul><h3>Future Outlook and Strategy</h3><ul><li><strong>Core Business Focus</strong>: The company plans to continue exploration programs to ascertain economic concentrations of precious and base metals on its properties. The company expects to operate at a loss for the foreseeable future and anticipates the need for additional financing to continue operations beyond the next 12 months.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1304409/000168316824005637/athenagold_i10q-063024.htm"></span></li><li><strong>Non-Core Business</strong>: The company completed a private placement in January 2024, raising net proceeds of $148,341, which will be used to fund exploration and administrative costs.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1304409/000168316824005637/athenagold_i10q-063024.htm"></span></li></ul>

ATHENA GOLD CORP (CA) | 10-Q: FY2024 Q2 EPS: USD 0