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Goldrich Mining Company Consolidated Statements of Income (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
Operating expenses:        
Exploration $ 0 $ 105,264 $ 0 $ 144,951
Mine preparation costs 132,477 0 197,952 0
Depreciation and amortization 328 430 982 4,464
Management fees and salaries 53,469 66,250 170,219 258,502
Professional services 8,970 29,839 49,933 72,613
General and administration 65,744 81,065 177,955 224,319
Office supplies and other 1,096 1,463 4,839 5,711
Directors' fees 6,000 0 15,200 12,900
Mineral property maintenance 24,246 22,651 69,581 67,936
Arbitration (Note 3) [1] 140,129 871,324 120,826 1,600,687
Total operating expenses 432,459 1,178,286 807,487 2,392,083
Other expense:        
Change in fair value of notes payable in gold 20,356 4,322 54,104 (27,933)
Interest expense and finance costs 192,955 307,188 576,577 654,738
Loss on foreign exchange 0 0 20 0
Total other expense 213,311 311,510 630,701 626,805
Net loss 645,770 1,489,796 1,438,188 3,018,888
Preferred dividends 1,917 1,917 5,688 5,688
Net loss available to common stockholders $ 647,687 $ 1,491,713 $ 1,443,876 $ 3,024,576
Net loss per common share - basic and diluted $ (0.00) $ (0.01) $ (0.01) $ (0.02)
Weighted average common shares outstanding - basic and diluted 139,573,798 139,573,798 139,573,798 136,189,131
[1] IS1