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TIMBERLINE RESOURCES CORPORATION AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS) (UNAUDITED) - USD ($)
3 Months Ended 6 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Mar. 31, 2018
Mar. 31, 2017
OPERATING EXPENSES:        
Mineral exploration $ 21,094 $ 36,392 $ 47,268 $ 82,120
Abandonment of mineral rights 3,231,700   3,231,700  
Salaries and benefits 231,266 109,400 314,520 185,934
Professional fees 28,025 46,425 100,571 138,240
Insurance expense 24,057 23,517 47,236 43,643
Gain on disposal of equipment       (2,500)
Other general and administrative 155,588 328,032 288,092 401,118
TOTAL OPERATING EXPENSES 3,691,730 543,766 4,029,387 848,555
LOSS FROM OPERATIONS (3,691,730) (543,766) (4,029,387) (848,555)
OTHER INCOME (EXPENSE):        
Foreign exchange gain (loss) (122) 123 (89) (798)
Interest expense (3,943)   (10,114)  
Gain on sale of available-for-sale securities   23,826   23,826
Miscellaneous other income   2 14,633 5
TOTAL OTHER INCOME (EXPENSE) (4,065) 23,951 4,430 23,033
LOSS BEFORE INCOME TAXES (3,695,795) (519,815) (4,024,957) (825,522)
INCOME TAX PROVISION (BENEFIT)   11,632   32,632
NET LOSS (3,695,795) (531,447) (4,024,957) (858,154)
OTHER COMPREHENSIVE INCOME (LOSS):        
Unrealized gain (loss) on available-for-sale equity securities, net of tax       (39,000)
Reclassification of (gain) on available-for-sale securities sold   (21,601)   (21,601)
TOTAL OTHER COMPREHENSIVE INCOME (LOSS)   (21,601)   (60,601)
COMPREHENSIVE LOSS $ (3,695,795) $ (553,048) $ (4,024,957) $ (918,755)
NET LOSS PER SHARE AVAILABLE TO COMMON STOCKHOLDERS, BASIC AND DILUTED $ (0.10) $ (0.02) $ (0.11) $ (0.04)
WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING, BASIC AND DILUTED 36,027,819 25,244,952 35,296,269 24,669,699