Company: MNTR
Filing Date: 2025-11-12
Form Type: 10-Q
Source: 0001493152-25-021833
Chunk: 0

Company: Mentor Capital, Inc.
Filing Date: 2025-11-12
Form: 10-Q
Item: Item 1
Chunk 0
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Mentor
Capital, Inc.

Condensed
Consolidated Balance Sheets

    September 30,  
    December 31, 

    2025  
    2024 

     (Unaudited)  
     (Audited) 
  
    ASSETS 

    Current assets 

    Cash and cash equivalents 
    $109,914  
    $2,182,121 
  
    Investments in securities, fair value 
     830,270  
     1,120,482 
  
    Investment position in gold, at fair value 
     612,328  
     - 
  
    Royalty income receivable 
     38,456  
     - 
  
    Prepaid expenses and other current assets 
     14,137  
     7,010 

    Total current assets 
     1,605,105  
     3,309,613 

    Property and equipment 

    Property and equipment 
     56,704  
     48,239 
  
    Accumulated depreciation and amortization 
     (47,976) 
     (47,721)

    Property and equipment, net 
     8,728  
     518 

    Other assets 

    Long term investments 
     104,431  
     104,431 

    Intangible property 

    Royalty interests in the Permian Basin 
     1,369,899  
     - 
  
    Accumulated amortization of royalty interests 
     (69,003) 
     - 

    Intangible property, net 
     1,300,896  
     - 

    Total other assets 
     1,405,327  
     104,431 

    Total assets 
    $3,019,160  
    $3,414,562 

See
accompanying Notes to Financial Statements

-4-

Mentor
Capital, Inc.

Condensed
Consolidated Balance Sheets (Continued)

    September 30,  
    December 31, 

    2025  
    2024 

     (Unaudited)  
     (Audited) 
  
    LIABILITIES AND SHAREHOLDERS’ EQUITY 

    Current liabilities 

    Accounts payable 
    $15,