v3.25.1
CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS - USD ($)
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
CONSOLIDATED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME    
REVENUE $ 46,503,016 $ 35,573,194
OPERATING EXPENSES    
Mine production costs 15,090,417 11,156,677
Mine development and stripping costs 11,809,670 8,311,027
Mill production cost applicable to sales 6,046,714 6,669,568
Camp, warehouse and facilities 5,527,949 5,453,778
Transportation 4,971,128 4,484,766
Property holding costs 166,551 172,663
Facilities expansion costs 2,548,899 2,554,505
Exploration drilling 1,736,880 2,514,544
Stock based compensation (Note 12) 1,219,062 881,250
General and administrative 4,157,425 8,529,349
Accretion Expense (Note 10) 18,260 0
Right-of-use asset amortization 114,593 63,396
Depreciation and amortization (Note 3) 30,499 12,239
TOTAL OPERATING EXPENSES 53,438,047 50,803,762
NET OPERATING LOSS (6,935,031) (15,230,568)
OTHER INCOME (EXPENSE)    
Foreign currency loss (506,439) (45,177)
Interest expense (Notes 8 & 9) (1,696,258) (567,792)
Derivatives mark-to-market gain (Note 7) 905,174 375,076
Other income 50,171 2,218
TOTAL OTHER EXPENSE (1,247,352) (235,675)
NET LOSS BEFORE TAXES (8,182,383) (15,466,243)
Mining tax expense (Note 13) 406,579 0
Income tax benefit (Note 13) (454,110) (932,739)
TOTAL TAX BENEFIT (47,531) (932,739)
NET LOSS (8,134,852) (14,533,504)
DEEMED DIVIDEND FOR SERIES C & D PREFERRED (234,299) (234,299)
NET LOSS ATTRIBUTABLE TO COMMON STOCKHOLDERS $ (8,369,151) $ (14,767,803)
LOSS PER SHARE ATTRIBUTABLE TO THE EQUITY HOLDERS OF DYNARESOURCE, INC.    
Basic loss per common share $ (0.34) $ (0.65)
Weighted average shares outstanding - Basic 24,680,167 22,705,923
Diluted earnings loss per common share $ (0.34) $ (0.65)
Weighted average shares outstanding - Diluted 24,680,167 22,705,923
OTHER COMPREHENSIVE INCOME (LOSS)    
Unrealized foreign currency translation gain (loss) $ (2,486,399) $ 585,622
TOTAL OTHER COMPREHENSIVE INCOME (LOSS) (2,486,399) 585,622
TOTAL COMPREHENSIVE LOSS $ (10,621,251) $ (13,947,882)