7Baggers
Quarterly
Annual
    Unit: USD2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30 2024-03-31 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30 2022-06-30 2022-03-31 2021-09-30 2021-06-30 2021-03-31 2020-12-31 2020-09-30 2020-06-30 2020-03-31 2019-12-31 2019-09-30 2019-06-30 2019-03-31 2018-12-31 2018-09-30 2018-06-30 2018-03-31 2017-12-31 2017-09-30 2017-06-30 2017-03-31 2016-12-31 2016-09-30 2016-06-30 2016-03-31 2015-12-31 2015-09-30 2015-03-31 2014-09-30 2014-06-30 2014-03-31 2013-09-30 2013-06-30 2013-03-31 2012-09-30 2012-06-30 2012-03-31 2008-06-30 2008-03-31 2007-09-30 2007-06-30 
      
    		                                                      
      revenue from gold and silver sales
    		50,534,000 46,700,000 35,696,000 33,523,000 52,250,000 47,476,000 41,228,000 58,680,000 38,404,000 34,395,000 34,752,000 44,020,000 10,208,000 30,647,000 25,542,000 37,129,000 40,706,000 23,740,000 27,703,000 27,395,000 18,291,000 31,400,000 32,362,000 32,691,000 36,383,000                              
      production costs applicable to sales
    		-35,233,000 -27,733,000 -19,605,000 -26,455,000 -29,682,000 -32,066,000 -25,110,000 -39,187,000 -26,468,000 -29,570,000 -23,413,000 -20,321,000 -20,172,000 -22,943,000 -27,824,000 -30,760,000 -31,132,000 -23,589,000 -34,560,000 -23,526,000 -22,354,000 -28,387,000 -23,848,000 -23,584,000 24,699,000 13,168,000 22,359,000 20,320,000 24,256,000 26,394,000 20,987,000 8,649,000 8,560,000 6,984,000 6,894,000 6,409,000 5,763,000 9,067,000 5,695,000 11,170,000 10,454,000 10,997,000 10,900,000 8,527,000 7,907,000 8,278,000 10,593,000 119,000       
      depreciation and depletion
    		-7,485,000 -6,686,000 -6,021,000 -6,705,000 -8,765,000 -4,652,000 -10,107,000 -5,851,000 -8,181,000 -8,293,000 -6,896,000 -8,207,000 -4,313,000 -3,469,000 -3,712,000 -6,025,000 -5,515,000 -5,137,000 -6,830,000 -4,570,000 -4,812,000 -6,698,000 -7,252,000 -7,488,000 7,007,000                              
      gross profit
    		7,816,000 12,281,000 10,070,000 363,000 13,803,000 10,758,000 6,011,000 13,642,000 3,755,000 -3,468,000 4,443,000 -64,000 1,503,000 4,235,000  344,000 4,059,000  -13,687,000 -701,000 -8,875,000 -3,685,000 1,262,000 1,619,000 4,677,000 2,472,000 4,103,000 6,576,000 9,923,000                          
      yoy
    		-43.37% 14.16% 67.53% -97.34% 267.59% -410.21% 35.29% -21415.63% 149.83% -181.89%  -118.60% -62.97%   -149.07% -145.74%  -1184.55% -143.30% -289.76% -249.07% -69.24% -75.38% -52.87%                              
      qoq
    		-36.36% 21.96% 2674.10% -97.37% 28.30% 78.97% -55.94% 263.30% -208.28% -178.06% -7042.19% -104.26% -64.51%   -91.53%   1852.50% -92.10% 140.84% -392.00% -22.05% -65.38% 89.20% -39.75% -37.61% -33.73%                           
      gross margin %
    		           -0.31% 5.78%             15.81%   29.03%                          
      ​
    		-16,247,000 -15,656,000 -17,710,000 -14,909,000 -13,900,000 -24,705,000 -27,993,000 -61,022,000 -32,595,000 -39,544,000 -47,274,000 -38,894,000 -17,080,000 -20,804,000 -18,115,000 -17,778,000 -13,006,000 -10,398,000 -8,933,000 -9,374,000 -12,259,000  -25,649,000 -19,399,000 15,872,000                              
      other operating income
    		                                                      
      advanced projects
    		-1,658,000 -895,000 -1,684,000            -11,135,000 -4,013,000 -823,000 -1,799,000 -2,217,000 -4,027,000 -2,887,000 -2,550,000 -2,639,000 -2,140,000 2,095,000                              
      exploration
    		-6,778,000 -5,392,000 -3,681,000 -2,362,000 -5,329,000 -4,984,000 -3,871,000 -3,741,000 -4,674,000 -5,852,000 -5,900,000 -3,541,000 -3,929,000 -4,293,000 -3,210,000 -6,245,000 -6,916,000 -4,956,000 -4,100,000 -4,423,000 -3,548,000 -3,790,000 -14,027,000 -13,695,000 5,872,000 3,789,000 6,081,000 8,160,000 9,107,000      2,364,000 2,166,000 1,689,000                  
      general and administrative
    		-6,069,000 -5,046,000 -3,369,000 -6,493,000 -2,138,000 -4,461,000 -4,073,000 -6,238,000 -3,720,000 -2,050,000 -3,441,000 -3,101,000 -4,352,000 -2,456,000 -1,981,000 -3,467,000 -2,834,000 -2,083,000 -2,365,000 -2,532,000 -2,240,000 -2,064,000 -4,707,000 -2,645,000 3,172,000 3,871,000 7,586,000 4,576,000 5,814,000  3,276,250 4,734,000 4,078,000 4,293,000 4,133,000 3,233,000 2,600,000 2,768,000 3,284,000 2,276,000 3,208,000  3,213,000 3,227,000 2,496,000 4,217,000 4,192,000 4,119,000 4,089,000 4,727,000 1,425,269 1,795,350 2,423,004 1,452,422 
      income from investment in mcewen copper inc.
    		-4,275,000 -6,978,000 -8,578,000 -10,297,000 -1,852,000 -16,816,000 -18,012,000                                                
      income from investment in minera santa cruz s.a.
    		3,469,000 3,596,000 510,000 4,270,000 -1,228,000 4,701,000 1,278,000 7,109,000 -2,672,000 -914,000 -3,461,000 537,250 758,000 2,511,000 -1,120,000 -2,650,000 -1,853,000 -574,000 -378,000 2,582,000 -1,045,000 -2,676,000 -1,979,000 -328,000 4,137,000 2,310,000 1,862,500 4,973,000 2,265,000                          
      depreciation
    		-158,000 -167,000 -150,000 -149,000 -156,000 -158,000 -171,000 -222,000 -325,000 -309,000 -282,000 -239,000 -214,000 -138,000 -142,000 -94,000 -75,000 -75,000 -88,000 -88,000 -114,000 -115,000 -149,000 -96,000 169,000 152,000 266,000 279,000 273,000 360,000 328,000 316,000 482,000 327,000 360,000 312,000 258,000 239,000 251,000 211,000 272,000 239,000 229,000 225,000 204,000 245,000 282,000 266,000 263,000 221,000 162,708 144,304 77,147 72,926 
      reclamation and remediation
    		-778,000 -774,000 -758,000 -638,000 -729,000 3,000 -690,000 -663,000 -760,000 -620,000 -630,000 -786,000 -526,000 -1,506,000 -527,000                                        
      operating income
    		-8,431,000 -3,375,000 -7,640,000 -14,546,000 -97,000 -13,947,000 -21,982,000 -47,380,000 -28,840,000 -43,012,000 -42,831,000 -39,182,000 -15,577,000 -16,569,000 -24,109,000 -17,434,000 -8,947,000 -15,384,000 -22,620,000 -10,075,000 -21,134,000 -99,345,000 -24,387,000 -17,780,000 -11,195,000 -10,495,000 -18,206,000 -15,206,000 -8,723,000 -4,407,000 -9,208,000 -6,768,000 -2,618,000 -7,433,000 -4,797,000 3,045,000 6,729,000 10,370,000 -26,706,000 1,891,000 5,168,000              
      yoy
    		8591.75% -75.80% -65.24% -69.30% -99.66% -67.57% -48.68% 20.92% 85.14% 159.59% 77.66% 124.74% 74.10% 7.70% 6.58% 73.04% -57.67% -84.51% -7.25% -43.34% 88.78% 846.59% 33.95% 16.93% 28.34% 138.14% 97.72% 124.67% 233.19% -40.71% 91.95% -322.27% -138.91% -171.68% -82.04% 61.03% 30.21%                  
      qoq
    		149.81% -55.82% -47.48% 14895.88% -99.30% -36.55% -53.60% 64.29% -32.95% 0.42% 9.31% 151.54% -5.99% -31.27% 38.29% 94.86% -41.84% -31.99% 124.52% -52.33% -78.73% 307.37% 37.16% 58.82% 6.67% -42.35% 19.73% 74.32% 97.94% -52.14% 36.05% 158.52% -64.78% 54.95% -257.54% -54.75% -35.11% -138.83% -1512.27% -63.41%               
      operating margin %
    		           -190.72% -59.94%             -67.10%   -25.52%                          
      other income
    		8,328,000 7,050,000 1,577,000 2,515,000 -86,000 310,000 -88,000 4,586,000 -10,108,000 -21,875,000 -2,579,000 6,938,000 6,328,000 5,802,000 3,871,000 1,264,000 3,795,000 1,412,000 822,000 2,090,000 3,044,000 937,000 857,000 4,773,000 463,000                              
      interest and other finance expenses
    		-1,628,000 -1,746,000 -1,286,000         -2,693,000 -1,817,000 -1,639,000 -1,640,000 -2,072,000 -1,859,000 -509,000                                     
      total other income
    		6,700,000 5,304,000 291,000 7,385,000 -1,170,000 -1,424,000 -958,000 225,289,000 223,000 -2,298,000 5,885,000 4,245,000 4,511,000 4,163,000 2,231,000 -808,000 1,936,000 903,000 -1,036,000 145,000 1,290,000 -940,000 -2,014,000 4,123,000 -2,320,000 477,000 -662,000 303,000 1,203,000 -1,942,000 -928,000 -1,868,000 1,059,000 1,759,000 -113,000 556,000 768,000 748,000 2,261,000 -877,000   318,000    922,000 1,602,000  1,500,000 264,025  1,351,873 372,598 
      income before income and mining taxes
    		-1,731,000 1,929,000 -7,349,000 -7,161,000 -1,267,000 -15,371,000 -22,940,000 177,909,000 -28,617,000 -45,310,000 -36,946,000 -34,937,000 -11,066,000 -12,406,000 -21,878,000 -18,242,000 -7,011,000 -14,481,000 -23,656,000 -9,930,000 -19,844,000 -100,285,000 -26,401,000 -13,657,000 -13,515,000 -10,018,000 -18,868,000 -14,903,000 -7,520,000 -6,349,000                         
      income and mining tax recovery
    		1,269,000 1,111,000 1,079,000 -1,071,000 -814,000 2,376,000 2,557,000   2,049,000 536,000 334,750 524,000  814,000 841,000 1,022,000 2,015,000 114,000 152,000 30,000 1,094,000 1,269,000 2,192,000 501,000  -2,121,000 1,613,000  1,138,000                         
      net income after income and mining taxes
    		-462,000 3,040,000 -6,270,000 -8,232,000 -2,081,000 -12,995,000 -20,383,000 141,221,000 -28,373,000 -43,261,000 -36,410,000 -42,082,000 -10,542,000 -12,406,000 -21,064,000                                        
      net income per share
    		                                                      
      basic and diluted
    		-0.01 0.06 -0.12 -0.16 -0.04 -0.26 -0.41 2.91 -0.39 -0.46 -0.91 -0.8 -0.21 -0.26 -0.04 -0.04 -0.01 -0.03 -0.06 -0.02 -0.05 -0.25 -0.07 -0.03 -0.04 -0.03 -0.06 -0.04 -0.02 -0.02                         
      weighted-average common shares outstanding
    		                                                      
      basic and diluted
    		54,170  53,270 51,021 51,953 49,718 49,440 47,544 47,471 47,428 47,428 47,427 50,778 47,428 464,021 459,187 459,187 441,794 403,457 403,887 400,513 400,370 361,845 362,175 346,998 338,557  337,100 337,087 337,062                         
      weighted-average common shares outstanding
    		                                                      
      basic
    		 53,968                         337,297    313,887 314,077 308,523 299,575 298,772 298,510 298,237 298,242 300,341 300,530 297,255 297,164 297,164 297,159 297,125          
      diluted
    		 54,022                         337,297    313,887 314,077 308,523 299,575 300,474 301,045 299,791 298,554  300,530 297,266 297,164 297,164 298,410 297,899          
      other operating expenses:
    		                                                      
      other income:
    		                                                      
      advanced projects - los azules
    		       2,538,000 -18,478,000 -28,524,000 -31,880,000 -29,688,000 -7,623,000 -14,081,000                                         
      advanced projects - other
    		   760,000 -2,468,000 -2,990,000 -2,454,000 -1,984,000 -1,966,000 -1,275,000 -1,680,000 -2,166,000 -1,194,000 -841,000                                         
      interest and other finance income
    		   -907,000 -1,084,000 -1,734,000 -870,000                  -2,783,000                              
      net income attributable to non-controlling interests
    		       -2,768,000 9,922,000      1,737,000                                        
      net income and comprehensive loss attributable to mcewen shareholders
    		   -8,864,750 -2,081,000 -12,995,000 -20,383,000 -20,788,500 -18,451,000 -21,627,000 -43,076,000 -37,363,000 -10,530,000 -12,452,000 -19,327,000                                        
      interest and other finance income (expenses)
    		       -1,454,000 10,331,000 19,577,000 8,464,000                                            
      income and mining tax (expense) recovery
    		       707,250 244,000                                              
      net
    		         21,634,000 -6,666,000                                            
      revenue from gold sales to auramet
    		           3,945,000 15,780,000                                          
      total revenue
    		           20,544,250 25,988,000             15,640,000   34,179,000                          
      yoy
    		                                                      
      qoq
    		           -20.95%                                           
      net gain attributable to non-controlling interests
    		           75,000 12,000                                          
      net income
    		             -46,000     -32,195,750 -9,778,000 -19,814,000 -99,191,000     -20,989,000 -13,290,000 -5,380,000 -5,211,000 2,166,000 -8,072,000 -1,712,000 -3,018,000 -4,491,000 4,208,000 8,353,000 12,985,000 -14,988,000 2,633,000 6,021,000   17,887,000 3,264,000      -3,752,110 -5,917,269 -6,023,071 -8,362,815 
      yoy
    		                          -1069.02% 64.64% 214.25% 72.66% -148.23% -291.83% -120.50% -123.24% -70.04% 59.82% 38.73%   -85.28% 84.47%              
      qoq
    		                  229.27% -50.65% -80.02%      57.93% 147.03% 3.24% -340.58% -126.83% 371.50% -43.27% -32.80% -206.73% -49.62% -35.67% -186.64% -669.24% -56.27%    448.01%       -36.59% -1.76% -27.98%  
      net income margin %
    		           0% 0%             0%   -15.74%                          
      gross loss
    		              -5,994,000   -4,986,000                                     
      revision of estimates and accretion of asset retirement obligations
    		               -1,309,000 -505,000 -911,000 215,000 -886,000 -457,000 -660,000 -2,148,000 -495,000 427,000                              
      impairment of mineral property interests and plant and equipment
    		                     -83,805,000                                 
      other operating
    		                    -1,968,000                                  
      net income and comprehensive loss
    		               -17,401,000 -5,989,000 -12,466,000     -8,653,750 -11,465,000 -13,014,000 -10,136,000                             
      interest and other finance expense
    		                  -1,858,000 -1,945,000 -1,754,000 -1,877,000 -2,871,000 -650,000                               
      shareholders' distribution declared per common share
    		                           0.005  0.005                         
      operating expenses:
    		                                                      
      revenue:
    		                                                      
      gold and silver sales
    		                         15,583,000 26,432,000 26,896,000 33,806,000 41,041,000 24,092,000 13,430,000 15,110,000 14,833,000 11,162,000 13,423,000 14,613,000 21,190,000 11,411,000 22,503,000 22,882,000 8,853,000 11,637,000 11,130,000 11,778,000 10,459,000 13,498,000 456,000       
      other revenue
    		                         57,000 30,000  373,000 244,000                         
      costs and expenses:
    		                                                      
      mine development
    		                         776,000 1,072,000 1,505,000 710,000      918,000 934,000 1,316,000                  
      property holding
    		                         1,608,000 321,000 1,975,000 189,000      239,000 1,892,000 258,000                  
      revision of estimates and accretion of asset reclamation obligations
    		                         461,000 2,568,000 314,000   1,520,000 320,000 116,000 105,000                     
      total other operating expenses
    		                         12,967,000 22,309,000 21,782,000 18,646,000                          
      interest and other income
    		                         -513,000 -1,007,000 -832,000 354,000 -134,000     81,000 599,000                   
      gain on investments
    		                         827,000                             
      foreign currency gain
    		                         163,000 354,000 1,159,000 1,482,000 927,000 -105,000 -276,000 1,050,000 25,000 -51,000 130,000 -281,000 783,000 2,272,000 -162,000   284,000    291,000 423,000 79,000  131,075  976,669 33,572 
      income and mining tax
    		                         -118,000                             
      gain on sale of assets
    		                          22,000  -99,000     11,000  24,000   -3,250       6,791,000         
      gain on sale of marketable equity securities
    		                          -191,750  -33,000    840,000     22,000                 
      unrealized fair value loss on marketable securities
    		                          -448,750 -158,000                           
      other-than-temporary impairment on marketable equity securities
    		                               -356,000     -597,000 -285,000                 
      unrealized gain on derivatives
    		                          -182,750 134,000  -864,000 -363,000 -933,000 -722,000 1,791,000 -143,000 -197,000 1,719,000                  
      other comprehensive loss:
    		                                                      
      reclassification of unrealized gain on marketable securities disposed of during the period, net of taxes
    		                                -840,000                      
      unrealized gain on marketable equity securities, net of taxes
    		                                  447,500 290,000 1,624,000                  
      comprehensive loss
    		                          -5,970,250 -13,290,000               -104,020,000   -128,681,000 -10,982,000 -2,584,000 -19,876,000 -19,578,000 -3,815,471 -6,011,185   
      accretion of asset reclamation obligations
    		                            288,000 294,000                         
      unrealized fair value loss on marketable equity securities
    		                            -500,000 -1,137,000                         
      deferred income and mining tax recovery
    		                            2,140,000                          
      other comprehensive income:
    		                                                      
      comprehensive
    		                            -5,380,000                          
      mine development costs
    		                             380,000 620,000 1,382,000 720,000 1,115,000    698,000 720,000 112,000 174,000 31,000 155,000 1,568,000 747,000 98,000 471,000        
      exploration costs
    		                             11,454,000 3,828,000 2,356,000 3,086,000 8,444,000    1,740,000 1,546,000 1,830,000 2,342,000 2,306,000 2,637,000 2,680,000 2,575,000 4,889,000 14,600,000 6,708,000 10,073,000 11,784,000 1,543,475 2,291,361 4,446,432 5,241,763 
      property holding costs
    		                             1,411,000 289,000 1,979,000 423,000 1,188,000    1,147,000 275,000 2,073,000 1,492,000 2,380,000 734,000 1,454,000 2,384,000 316,000 1,377,000 2,147,000 407,000 1,573,000 812,803 1,239,522 317,952 1,678,501 
      general and administrative costs
    		                             5,187,000                         
      loss
    		                             212,000 -491,000 462,000 263,000      991,000 1,641,000  4,441,000             
      total costs and expenses
    		                             45,692,000 33,559,000 20,198,000 17,728,000 22,266,000 15,959,000 10,378,000 7,884,000 10,820,000 38,117,000 20,612,000 17,714,000 23,602,000 141,011,000 11,692,000 22,663,000 148,562,000 31,628,000 22,321,000 25,538,000 24,173,000 4,016,135 5,709,314 7,374,944 9,123,433 
      loss on sale of marketable equity securities
    		                             -734,000                         
      comprehensive income
    		                             -5,211,000 1,918,000 -9,289,000 -2,788,000 857,000 -4,672,000 4,498,000 10,574,000 12,861,000 -1,647,000 2,154,000 5,856,000 -13,035,000  17,888,000 3,264,000        -5,871,556  
      interest and other income:
    		                              -460,000 -303,000 -109,000                      
      income before income taxes
    		                              -3,966,750 -8,636,000 -1,559,000 -5,674,000 -4,910,000 3,601,000 7,497,000 11,118,000   4,858,000              
      income tax recovery
    		                              766,750 564,000   832,500 607,000 856,000     8,714,000 25,034,000            
      unrealized gain on available-for-sale securities, net of taxes
    		                              516,500 -1,573,000 -236,000 3,875,000     177,000 -479,000   2,000 1,000     1,375,000      
      net income per share
    		                                                      
      basic
    		                              0.01 -0.03 -0.01 -0.01 -0.02 0.01 0.03 0.04 -0.05 0.01 0.02 -0.04 -0.35 0.06 0.01          
      diluted
    		                              0.01 -0.03 -0.01 -0.01 -0.02 0.01 0.03 0.04 -0.005 0.01 0.02 -0.04 -0.35 0.06 0.01          
      return of capital distribution declared per common share
    		                               0.005 0.005 0.005  0.005                   
      costs and expenses
    		                                                      
      income tax
    		                                -153,000                      
      income from investment in minera santa cruz s.a., net of amortization
    		                                 -190,000    -4,963,000                 
      interest income and other income
    		                                 -68,000   -73,000 228,000 -11,000 -715,000               
      income taxes recovery
    		                                 2,656,000    1,867,000 3,775,750 1,619,000               
      accretion of asset retirement obligation
    		                                  95,500 125,000 133,000 124,000 85,500 110,000 101,000 100,000 108,000 101,000 113,000 121,000 113,000 110,000 120,000 112,000 139,587 140,385 110,409  
      impairment of mineral property interests and property and equipment
    		                                      20,860,000 1,198,000   120,398,000  6,287,000 27,729,000         
      unrealized loss on available-for-sale securities, net of taxes
    		                                     -124,000                 
      mine construction costs
    		                                         567,000 217,000 939,000    4,671,000 6,994,000      
      registration taxes
    		                                                      
      gain before income taxes
    		                                      -5,141,250 1,014,000               
      net interest income
    		                                                      
      foreign currency loss
    		                                                   98,392   
      recovery of income taxes
    		                                        1,163,000   18,957,000 12,157,000 12,405,000 6,463,000   2,273,000     
      general and administrative expenses
    		                                         2,549,000             
      impairment of investment in msc
    		                                             95,878,000         
      (gain) loss on sale of assets
    		                                                      
      interest income
    		                                         347,000 34,000 75,000 60,000 68,000 71,000 16,000 57,000 125,000 162,511 211,808 470,821 339,326 
      gain on litigation settlement
    		                                              560,000        
      gain on sales of gold and silver
    		                                                      
      unrealized loss on gold and silver bullion
    		                                                      
      income on investment in minera santa cruz s.a., net of amortization
    		                                            2,040,000          
      mine operating costs
    		                                               2,406,000 3,494,000      
      acquisition costs
    		                                               8,000 47,000 1,395,000     
      impairment of investment in minera santa cruz s.a.
    		                                                      
      gain on sale of gold and silver bullion
    		                                            51,000          
      basic and diluted per share data:
    		                                                      
      net income - basic and diluted
    		                                             -0.43 -0.04 -0.01 -0.08 -0.08     
      weighted-average common shares outstanding:
    		                                                      
      - basic and diluted
    		                                             297,097 296,778  268,009 233,994     
      income on investment in minera santa cruz s.a., net of amortization - note 5
    		                                                      
      revenue
    		                                                      
      income on investment in minera santa cruz s.a., net of amortization - note 7
    		                                               11,311,000       
      gain on sale of property and equipment
    		                                                      
      asset impairments
    		                                               2,902,000 179,000      
      interest expense
    		                                                      
      gain on sale of gold and silver bullion - note 4
    		                                               1,233,000 434,000 1,408,000     
      unrealized loss on silver bullion - note 4
    		                                                      
      gain on sale of marketable equity securities - note 3
    		                                                      
      other-than-temporary impairment on marketable equity securities - note 3
    		                                                      
      recovery of income taxes - note 2
    		                                               6,369,000 6,277,000      
      other comprehensive loss
    		                                                      
      reclassification of unrealized gain on marketable equity securities disposed of during the period, net of taxes
    		                                                      
      weighted-average common shares outstanding: - basic and diluted
    		                                               268,373       
      income on investment in minera santa cruz s.a.
    		                                                1,595,000 4,002,000     
      amortization of fair value increments
    		                                                      
      mine construction and development costs
    		                                                 4,363,000     
      foreign currency (gain) loss
    		                                                      
      loss on sale of assets
    		                                                      
      benefit from income taxes
    		                                                      
      minority interest share of net income
    		                                                      
      unrealized loss on available-for-sale securities
    		                                                  -63,361    
      -basic and diluted
    		                                                  -0.04    
      unrealized loss on available for-sale securities
    		                                                   -93,916   
      -basic
    		                                                   -0.06 94,107,761  
      -diluted
    		                                                   -0.06 94,107,761 88,259,042 
      change in value of derivatives
    		                                                      
      gain on sale of other assets
    		                                                      
      income before minority interests
    		                                                      
      minority interests share of loss
    		                                                      
      unrealized gain on available for-sale securities
    		                                                    151,515  
      net income - basic
    		                                                    -0.06 -0.09 
      - diluted
    		                                                    -0.06 -0.09 
      stock option expense
    		                                                     680,067 
      net income before minority interest
    		                                                     -8,750,835 
      minority interest share of net
    		                                                     388,020 
      weighted-average common shares outstanding-basic
    		                                                     88,259,042 
    The information provided in this report is taken from www.sec.gov and many other data providers. While we have conducted our best efforts to ensure that the parsed data is accurate, we cannot guarantee its accuracy. Please use caution and understand that any consequences of its use are your own responsibility.