Paramount Gold Nevada Corp 2026年季度报告

For the quarterly period ended December 31, 2025OR☐TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIESEXCHANGE ACT OF 1934FOR THE TRANSITION PERIOD FROMTOCommission File Number 001-36908 PARAMOUNT GOLD NEVADA CORP. (Exact name of registrant as specified in its charter) Registrant’s telephone number, including area code: (775) 625-3600 Indicate by check mark whether the registrant: (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Actof 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject tosuch filing requirements for the past 90 days.Yes☒No☐ Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required tosubmit such files).Yes☒No☐ Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reportingcompany or an emerging growth company. See the definition of “large accelerated filer”, “accelerated filer”, “smaller reporting company”, and“emerging growth company” in Rule 12b-2 of the Exchange Act. Large accelerated filer☐ Accelerated filer Small reporting company☒ Non-accelerated filer☒ Emerging growth company☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying withany new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.☐ Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).Yes☐No☒ The number of shares of registrant’s Common Stock outstanding, $0.01 par value per share, as of February 9, 2026 was 83,813,242. Securities registered pursuant to Section 12(b) of the Act: Table of Contents PART IFINANCIAL INFORMATIONItem 1.Financial Statements2Condensed Consolidated Interim Balance Sheets as of December 31, 2025 (Unaudited) and June 30, 20252Condensed Consolidated Interim Statements of Operations for the Three Months and Six Months EndedDecember 31, 2025 (Unaudited) and December 31, 2024 (Unaudited)3Condensed Consolidated Interim Statements of Stockholders’ Equity for the Three Months and Six MonthsEnded December 31, 2025 (Unaudited) and Three Months and Six Months Ended December 31,2024(Unaudited)4Condensed Consolidated Interim Statement of Cash Flows for the Six Months Ended December 31, 2025(Unaudited) and December 31, 2024 (Unaudited)5Notes to Condensed Consolidated Interim Financial Statements (Unaudited)6Item 2.Management’s Discussion and Analysis of Financial Condition and Results of Operations17Item 3.Quantitative and Qualitative Disclosures About Market Risk22Item 4.Controls and Procedures23PART IIOTHER INFORMATIONItem 1A.Risk Factors24Item 4.Mine Safety Disclosures24Item 6.Exhibits25SignaturesDirectors, Executive Officers and Corporate Governance26 PART I – FINANCIAL INFORMATION PARAMOUNT GOLD NEVADA CORP.Condensed Consolidated Interim Balance Sheets(Unaudited) PARAMOUNT GOLD NEVADA CORP.Condensed Consolidated Interim Statements of Operations(Unaudited) PARAMOUNT GOLD NEVADA CORP. PARAMOUNT GOLD NEVADA CORP.Condensed Consolidated Interim Statements of Cash Flows(Unaudited) PARAMOUNT GOLD NEVADA CORP.Notes to Condensed Consolidated Interim Financial Statements(Unaudited) Note 1. Description of Business and Summary of Significant Accounting Policies Paramount Gold Nevada Corp. (the “Company” or “Paramount”), incorporated under Chapter 78 of Nevada Revised Statutes, andits wholly-owned subsidiaries are engaged in the acquisition, exploration and development of precious metal properties. TheCompany’s wholly owned subsidiaries include New Sleeper Gold LLC, Sleeper Mining Company, LLC, and Calico ResourcesUSA Corp (“Calico”). The Company is in the process of exploring its mineral properties in Nevada and Oregon, United States. TheCompany’s activities are subject to significant risks and uncertainties, including the risk of failing to secure additional funding toadvance its projects and the risks of determining whether these properties contain reserves that are economically recoverable. TheCompany’s shares of common stock trade on the NYSE American LLC under the symbol “PZG”. Basis of Presentation and Preparation The unaudited condensed consolidated interim financial statements are prepared by management in accordance with accountingprinciples for interim financial information and Article 10 of Regulation S-X. Accordingly, they do not include all of thedisclosures required by U.S. generally accepted accounting principles (“U.S. GAAP”) for complete financial statements. In theopinion of management, all the normal and recurring adjustments necess