XML 59 R5.htm IDEA: XBRL DOCUMENT v3.2.0.727
TIMBERLINE RESOURCES CORPORATION AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
9 Months Ended
Jun. 30, 2015
Jun. 30, 2014
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net loss $ (2,983,313) $ (1,842,778)
Adjustments to reconcile net loss to net cash used by operating activities:    
Depreciation and amortization 5,938 9,137
Loss on settlement of prepaid drilling services   70,000
Stock based compensation 194,911  
Gain on disposal of equipment   (16,565)
Accretion of asset retirement obligation 4,934 4,700
Stock issued for mineral exploration expenses   110,000
Abandonment of mineral rights 426,000  
Changes in operating assets and liabilities:    
Prepaid drilling services, prepaid expenses and other current assets, deposits and other assets 34,079 (29,470)
Joint venture receivable 5,823 43,198
Accounts payable (72,599) 540
Accrued expenses (86,419) 21,052
Accrued payroll, benefits and taxes 11,320 (15,986)
Net cash used by operating activities (2,459,326) (1,646,172)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchase of property, mineral rights and equipment (181,000) (90,000)
Proceeds from sale of property, mineral rights and equipment 158,500 22,056
Settlement of prepaid drilling services   150,000
Change in restricted cash 9,450 16,184
Net cash provided (used) by investing activities (13,050) 98,240
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from issuance of note payable   1,000,000
Net cash provided by financing activities   1,000,000
Net decrease in cash and cash equivalents (2,472,376) (547,932)
CASH AT BEGINNING OF PERIOD 2,825,320 824,919
CASH AT END OF PERIOD 352,944 276,987
NON-CASH FINANCING AND INVESTING ACTIVITIES:    
Common stock issued for property, mineral rights and equipment purchase 1,200,000 $ 40,000
Common stock issued for common stock payable $ 80,000