v3.26.1
Condensed Consolidated Statements of Operations and Comprehensive Loss (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Income Statement [Abstract]        
Gross revenues $ 42,991 $ 84,797 $ 79,416
Sales deductions (11,186) (10,411) (22,436)
Net revenue 31,805 74,386 56,980
Cost of revenue (50,028) (2,343) (137,878)
Gross profit (loss) (18,223) 72,043 (80,898)
Operating expenses        
General and administrative expenses 9,525,974 4,522,404 20,331,109 9,438,662
Stock-based compensation 2,050,055 1,577,716 8,113,212 6,407,886
Exploration 244,637 244,637
Other operating expenses 8,187 4,113 4,378 18,567
Total operating expenses 11,828,853 6,104,233 28,693,336 15,865,115
Loss from operations (11,828,853) (6,122,456) (28,621,293) (15,946,013)
Other (expense) income        
Other (expense) income 4,849 (495) 5,695 (468)
Fair value adjustments, net 1,721 17,607 6,364 59,240
Finance (costs) income 323,943 (175,326) 570,838 (606,026)
Total other (expense) income 330,513 (157,224) 582,897 (547,254)
Loss before provision for income taxes (11,498,340) (6,279,680) (28,038,396) (16,493,267)
Income taxes
Net loss (11,498,340) (6,279,680) (28,038,396) (16,493,267)
Loss attributable to noncontrolling interest (1,275,330) (720,447) (4,257,978) (1,917,077)
Net loss attributable to Atlas Lithium Corporation stockholders $ (10,223,010) $ (5,559,233) $ (23,780,418) $ (14,576,190)
Basic and diluted loss per share        
Net loss per share attributable to Atlas Lithium Corporation common stockholders basic $ (0.35) $ (0.31) $ (0.84) $ (0.84)
Net loss per share attributable to Atlas Lithium Corporation common stockholders diluted $ (0.35) $ (0.31) $ (0.84) $ (0.84)
Weighted-average number of common shares outstanding:        
Basic 29,361,881 18,004,362 28,305,556 17,257,239
Diluted 29,361,881 18,004,362 28,305,556 17,257,239
Comprehensive loss:        
Net loss $ (11,498,340) $ (6,279,680) $ (28,038,396) $ (16,493,267)
Other comprehensive results (20,845) 392,850 180,218 877,798
Comprehensive loss (11,519,185) (5,886,830) (27,858,178) (15,615,469)
Comprehensive results attributable to noncontrolling interests 22,143 (677,779) 7,290 (1,776,541)
Comprehensive loss attributable to Atlas Lithium Corporation stockholders $ (11,541,328) $ (5,209,051) $ (27,865,468) $ (13,838,928)