XML 22 R4.htm IDEA: XBRL DOCUMENT v3.10.0.1
TIMBERLINE RESOURCES CORPORATION AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS) - USD ($)
12 Months Ended
Sep. 30, 2018
Sep. 30, 2017
OPERATING EXPENSES:    
Mineral exploration $ 522,298 $ 423,946
Salaries and benefits 464,380 388,858
Professional fees 147,401 203,994
Insurance 92,562 91,967
Loss on abandonment of mineral rights 3,231,700  
Gain on sale of royalties   (40,000)
Gain on lease of mineral rights   (10,000)
Gain on equipment transferred to related parties   (2,500)
General and administrative 626,747 644,640
TOTAL OPERATING EXPENSES 5,085,088 1,700,905
LOSS FROM OPERATIONS (5,085,088) (1,700,905)
OTHER INCOME (EXPENSE):    
Foreign exchange gain (loss) and other (2,480) 4
Miscellaneous other income 64,633  
Interest expense (34,859)  
Realized gain on sale of available-for-sale securities   124,086
TOTAL OTHER INCOME (EXPENSE) 27,294 124,090
LOSS BEFORE INCOME TAXES (5,057,794) (1,576,815)
INCOME TAX PROVISION   68,985
NET LOSS (5,057,794) (1,645,800)
OTHER COMPREHENSIVE INCOME (LOSS):    
Unrealized gain (loss) on available-for-sale equity securities, net of tax   (47,275)
Reclassification of (gain) on available-for-sale securities sold   (80,840)
TOTAL OTHER COMPREHENSIVE INCOME (LOSS)   (128,115)
COMPREHENSIVE LOSS $ (5,057,794) $ (1,773,915)
NET LOSS PER SHARE AVAILABLE TO COMMON STOCKHOLDERS, BASIC AND DILUTED $ (0.13) $ (0.06)
WEIGHTED-AVERAGE NUMBER OF COMMON SHARES OUTSTANDING, BASIC AND DILUTED 39,437,019 28,829,486