XML 39 R5.htm IDEA: XBRL DOCUMENT v2.4.0.8
JOSHUA GOLD RESOURCES INC. - Statements of Cash Flows (USD $)
6 Months Ended 48 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Jun. 30, 2013
Cash flows for continuing operations operating activities:      
Loss from continuing operations, increase decrease $ (1,174,227) $ (917,470) $ (4,103,784)
Adjustments for non-cash items:      
Depreciation, increase decrease 673 669 17,239
Loss on disposal of mineral rights, increase decrease     112,686
Stock-based compensation, increase decrease 884,749 473,151 2,531,584
Accrued interest on advances from stockholders 18,364 10,981 62,010
Adjustments for changes in working capital:      
Accounts receivable, increase decrease 1,004 (14,023) (17,639)
Accounts payable and accrued liabilities, increase decrease 68,219 110,650 330,074
NET CASH USED IN OPERATING ACTIVITIES FROM CONTINUING OPERATIONS (201,219) (336,042) (1,067,831)
FINANCING ACTIVITIES      
Proceeds from bank overdraft   4,201  
Notes receivable, increase decrease     (11,250)
Due on mineral rights acquisition 182,000   154,337
Shares issued for mineral rights acquisition 736,000 32,464 736,000
Advances from stockholders, increase decrease 94,198 91,794 306,597
Repurchase of Common shares (3,500)   (3,500)
Proceeds on issuance of capital stock 248,575 236,199 1,292,891
NET CASH PROVIDED BY FINANCING ACTIVITIES FROM CONTINUING OPERATIONS 1,257,273 364,658 2,475,075
INVESTING ACTIVITIES      
Mineral rights (1,062,166) (49,945) (1,305,416)
Acquisition of equipment     (6,622)
NET CASH USED IN INVESTING ACTIVITIES FROM CONTINUING OPERATIONS (1,062,166) (49,945) (1,312,038)
NET INCREASE IN CASH FROM CONTINUING OPERATIONS (6,112) (21,329) 95,206
Cash flows from discontinued operating activities:      
Loss from discontinued operations, increase decrease     (441,486)
Non-cash items:      
Stock-based compensation     270,859
Interest accrued on long term loan for discontinued operations     1,213
Liabilities from discontinued operations     4,454
NET CASH USED IN OPERATING ACTIVITIES FROM DISCONTINUED OPERATIONS     (164,960)
FINANCING ACTIVITIES FROM DISCONTINUED OPERATIONS      
Issuance of common stock for cash         
NET CASH PROVIDED BY FINANCING ACTIVITIES FROM DISCONTINUED OPERATIONS         
NET DECREASE (INCREASE) IN CASH FROM DISCONTINUED OPERATIONS     (164,960)
EFFECT OF EXCHANGE RATE CHANGES ON CASH (4,868) (3,237) 69,865
NET (DECREASE) INCREASE IN CASH (10,980) (24,566) 111
CASH, BEGINNING OF PERIOD 11,091 24,566  
CASH, END OF PERIOD $ 111   $ 111