ATLX - NASDAQ

Atlas Lithium Corporation

ATLX·NASDAQ

$4.25

-3.4%

Basic MaterialsOther Precious Metals

Atlas Lithium Corporation operates as a mineral exploration and mining company in Brazil. It focuses on advancing and developing its 100%-owned hard-rock lithium project, which consists of 52 mineral rights covering an area of 56,078 acres that is located primarily in the municipality of Araçuaí in the Vale do Jequitinhonha region of the state of Minas Gerais in Brazil. It also owns 100% interests in various mining concessions for gold, diamond, and industrial sand; and participates in iron and quartzite projects. The company was formerly known as Brazil Minerals, Inc. and changed its name to Atlas Lithium Corporation in October 2022. Atlas Lithium Corporation is based in Beverly Hills, California.

Statements Value Model

At a Glance

Live Snapshot

Market Cap$86.03M

EPS-1.5400

P/E Ratio-2.76

Earnings Date06/03/2026

87.70M

Assets

52%

3Y+1443.0%

5Y+9113.0%

10Y+7373.0%

35.17M

Total Liabilities

-2%

3Y+1122.0%

5Y+1337.0%

10Y+2870.0%

52.53M

Total Equity

139%

3Y+1771.0%

5Y-3611.0%

10Y-500046.0%

Atlas Lithium Corporation Funding & Solvency Profile

ATLX · NASDAQ

Current Assets

Cash & Cash Equivalents35.94M

Net Receivables1.07M

Inventory505.31K

Other Current Assets366.18K

Total Current Assets38 M

Non-Current Assets

Property, Plant & Equipment48.58M

Goodwill & Intangible Assets309.26K

Long-Term Investments673.54K

Other Non-Current Assets255.21K

Total Non-Current Assets50 M

Total Assets

87.70M

Financial Health Analysis

Current Ratio

2.56x

Excellent liquidity position. The company can easily cover its short-term obligations with substantial cushion.

Debt-to-Equity Ratio

0.67x

Balanced capital structure with moderate leverage. Equity exceeds debt, suggesting healthy financial stability.

Working Capital

23 M

Strong working capital position provides significant operational flexibility and financial cushion.

Asset Composition

43% Current

Balanced asset mix between current and non-current assets, typical of many stable businesses.

Financial Health Insight

Strong financial foundation: Excellent liquidity combined with conservative leverage suggests the company is well-positioned to weather economic uncertainties and fund growth opportunities.

Atlas Lithium Corporation Balance Sheet

ATLX • NASDAQ

Atlas Lithium Corporation Balance Sheet	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017	Dec 2016	Dec 2015	Dec 2014	Dec 2013	Dec 2012	Dec 2011
ASSETS
CURRENT ASSETS
Cash and Cash Equivalents	35.9M	15.5M	29.5M	280.5K	22.8K	253.6K	151.1K	2.4K	84.1K	7.1K	64.4K	19.8K	110.3K	863.2K	21.5K
Short-Term Investments	0.0	0.0	0.0	0.0	0.0	2K	4.8K	3.7K	4.3K	0.0	0.0	67.3K	5.5K	0.0	0.0
Cash & Short-Term Investments	35.9M	15.5M	29.5M	280.5K	22.8K	255.6K	151.1K	2.4K	84.1K	7.1K	64.4K	19.8K	110.3K	863.2K	21.5K
Net Receivables	1.1M	47.7K	0.0	17.8K	17.9K	20.1K	0.0	24K	0.0	0.0	2.9K	0.0	0.0	0.0	0.0
Accounts Receivables	28.5K	47.7K	0.0	91.0	1.4K	20.1K	0.0	256.0	0.0	0.0	2.9K	0.0	0.0	0.0	0.0
Other Receivables	1M	0.0	0.0	17.7K	16.5K	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Inventory	505.3K	492.8K	0.0	0.0	0.0	11.7K	15.1K	33.2K	38.9K	78.9K	145.1K	210.4K	146.2K	0.0	0.0
Prepaids	0.0	135K	113.9K	47.1K	17.2K	0.0	4.8K	3.7K	4.3K	7.3K	0.0	112.9K	5.5K	0.0	0.0
Other Current Assets	366.2K	29.4K	50.8K	0.0	0.0	17.7K	0.0	-3.7K	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Total Current Assets	37.9M	16.2M	29.7M	345.4K	57.9K	305.1K	193.8K	63.3K	155.1K	121.6K	262.4K	538.8K	340.3K	863.2K	21.5K
NON-CURRENT ASSETS
Property, Plant, and Equipment (Net)	48.6M	15.9M	7.8M	217.6K	53.9K	89.3K	172.8K	243.8K	365.5K	421.9K	361.6K	522.8K	430.1K	0.0	0.0
Intangible Assets	309.3K	399.8K	45.8K	5M	1.3M	407.5K	509.9K	530.3K	620.8K	630.1K	508.9K	124.2K	139.7K	0.0	0.0
Goodwill & Intangible Assets	309.3K	399.8K	45.8K	5M	1.3M	407.5K	509.9K	530.3K	620.8K	630.1K	508.9K	124.2K	139.7K	0.0	0.0
Long-Term Investments	673.5K	0.0	0.0	150K	150K	150K	150K	150K	150K	0.0	0.0	164.6K	0.0	0.0	0.0
Tax Assets	0.0	0.0	0.0	-150K	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Other Non-Current Assets	255.2K	25.3M	6M	150K	0.0	0.0	-832.7K	0.0	0.0	0.0	0.0	0.0	0.0	800K	0.0
Total Non-Current Assets	49.8M	41.6M	13.9M	5.3M	1.5M	646.7K	832.7K	924.1K	1.1M	1.1M	870.4K	811.6K	569.7K	800K	0.0
Other Assets	0.0	0.0	0.0	0.0	-39.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Total Assets	87.7M	57.9M	43.6M	5.7M	1.6M	951.9K	1M	987.4K	1.3M	1.2M	1.1M	1.4M	910.1K	1.7M	21.5K
LIABILITIES
CURRENT LIABILITIES
Total Payables	3.9M	5M	3.6M	408.9K	992.8K	327.7K	153.7K	141K	132.2K	163K	514.7K	545.7K	171.5K	100.0	0.0
Accounts Payable	3.9M	5M	3.6M	408.9K	310K	327.7K	153.7K	141K	132.2K	163K	354.5K	533.2K	171.5K	0.0	0.0
Other Payables	0.0	0.0	0.0	0.0	682.8K	0.0	0.0	0.0	0.0	0.0	160.2K	-533.2K	0.0	100.0	0.0
Accrued Expenses	0.0	0.0	0.0	0.0	5.6K	324.4K	496.4K	390.3K	275.5K	170.4K	116.9K	533.2K	0.0	67.4K	0.0
Short Term Debt	10.3M	81.9K	67K	21.5K	10.2K	1.7M	1.5M	1.1M	665.4K	349K	491.7K	717.3K	67.1K	100.0	0.0
Capital Lease Obligations (Current)	0.0	134.3K	127.5K	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Deferred Revenue	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	277.1K	293.6K	-171.5K	0.0	0.0
Other Current Liabilities	586.1K	470.7K	2.1M	2.4M	-10.2K	0.0	0.0	447.3K	537.2K	310.3K	281.3K	1.3M	0.0	-100.0	4K
Total Current Liabilities	14.8M	5.7M	5.9M	2.8M	998.4K	2.3M	2.2M	2.1M	1.6M	992.7K	1.4M	3.1M	238.6K	67.5K	4K
NON-CURRENT LIABILITIES
Long Term Debt	331.4K	9.8M	9.7M	0.0	0.0	0.0	0.0	0.0	0.0	0.0	116.1K	0.0	0.0	0.0	0.0
Deferred Revenue (Non-Current)	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	250K	0.0	0.0	0.0
Other Non-Current Liabilities	20M	20M	20.1M	79K	108.9K	121.3K	192.7K	188.4K	200.8K	191.4K	0.0	0.0	0.0	0.0	0.0
Total Non-Current Liabilities	20.4M	30.2M	30M	79K	108.9K	121.3K	192.7K	188.4K	200.8K	191.4K	116.1K	250K	0.0	0.0	0.0
Capital Lease Obligations	0.0	447.2K	358.8K	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Total Liabilities	35.2M	35.8M	35.9M	2.9M	1.1M	2.4M	2.3M	2.3M	1.8M	1.2M	1.5M	3.3M	238.6K	67.5K	4K
SHAREHOLDERS' EQUITY
Preferred Stock	0.0	1.0	1.0	215.0	215.0	1.0	0.0	0.0	0.0	0.0	1.8M	0.0	0.0	0.0	0.0
Common Stock	27K	16K	12.8K	5.1K	4.1K	2M	1.1M	332.3K	121.3K	64.8K	6.2M	118.6K	74.6K	70K	3.9K
Additional Paid-In Capital	223.4M	166.1M	110.2M	62.3M	54.6M	47.5M	47.7M	46.8M	46M	44.7M	42.4M	40.5M	39.3M	37.4M	0.0
Retained Earnings	-171.6M	-144.4M	-102.8M	-59.6M	-55M	-52.2M	-51M	-49.2M	-47.5M	-45.8M	-44.2M	-42.4M	-39M	-36M	-4.7K
Accumulated Other Comprehensive Income/Loss	-141.9K	-458.8K	-138.8K	-981K	-712.8K	-775.1K	-581K	-566.1K	-524.8K	-489.5K	-678.8K	-365.5K	-226.7K	0.0	0.0
Other Total Stockholders' Equity	0.0	-1.0	-1.0	0.0	0.0	0.0	0.0	0.0	0.0	218.7K	218.7K	218.7K	60.2K	117.8K	18.3K
Total Stockholders' Equity	52M	21.3M	7.2M	1.7M	-1.1M	-3.5M	-2.8M	-2.6M	-1.9M	-1.3M	-518.9K	-2M	261.5K	1.6M	17.5K
Total Equity	52.5M	22M	7.7M	2.8M	456.9K	-1.5M	-1.3M	-1.3M	-519.6K	-10.5K	-387.9K	-2M	671.5K	1.6M	17.5K
Minority Interest	578.8K	753.5K	427.3K	1.1M	1.6M	2M	1.4M	1.4M	1.4M	1.3M	131.1K	0.0	410K	0.0	0.0
SUMMARY
Total Liabilities & Equity	87.7M	57.9M	43.6M	5.7M	1.6M	951.9K	1M	987.4K	1.3M	1.2M	1.1M	1.4M	910.1K	1.6M	0.0
Total Investments	673.5K	0.0	0.0	150K	150K	152K	154.8K	153.7K	154.3K	0.0	0.0	231.9K	5.5K	0.0	0.0
Total Debt	10.6M	10.3M	10.1M	21.5K	10.2K	1.7M	1.5M	1.1M	665.4K	349K	607.8K	717.3K	66.4K	100.0	0.0
Net Debt	-25.3M	-5.2M	-19.4M	-259K	-12.6K	1.4M	1.4M	1.1M	581.3K	341.9K	543.5K	697.5K	-43.8K	-863.1K	-21.5K
Shares Outstanding	19,583,281	19,583,281	19,583,281	19,583,281	19,583,281	19,583,281	19,583,281	19,583,281	19,583,281	19,583,281	19,583,281	19,583,281	19,583,281	19,583,281	19,583,281

SEC Filings

ATLX - Filing history and reports

Filing Type	Filing Date	Period Ending	Fiscal Year	Actions
8-K 8-K 2026 N/A	June 01, 2026	May 28, 2026	2026	View Filing
10-Q 10-Q 2026 Q1 Q1	May 07, 2026	March 31, 2026	2026	View Filing
DEF 14A DEF 14A 2026 N/A	April 15, 2026	April 15, 2026	2026	View Filing
8-K 8-K 2026 N/A	April 07, 2026	April 01, 2026	2026	View Filing
10-K 10-K 2025 FY FY	March 04, 2026	December 31, 2025	2025	View Filing
8-K 8-K 2025 N/A	December 12, 2025	December 12, 2025	2025	View Filing
8-K 8-K 2025 N/A	December 08, 2025	December 05, 2025	2025	View Filing
10-Q 10-Q 2025 Q3 Q3	November 13, 2025	September 30, 2025	2025	View Filing
S-3 S-3 N/A	August 22, 2025	August 22, 2025		View Filing
10-Q 10-Q 2025 Q2 Q2	August 04, 2025	June 30, 2025	2025	View Filing

Showing 1 to 10 of 174 filings

Related Guides

Blog Categories

Continue your ATLX research with focused valuation guides.

Fundamentals

Decode statement quality and operating durability.

Accounting

Interpret line items with cleaner analytical framing.

Forecasting

Translate historical performance into forward scenarios.

Reference

Use practical frameworks for statement-led valuation.

Research Paths

Pick your next lens

Snapshot

Start with context, operating signals, and key market metrics.

Value Model

Stress test fair value across bear, base, and bull assumptions.

Statements

Validate revenue quality, margins, and balance sheet durability.

Earnings Call

Read management commentary and compare it with reported outcomes.

Dividends

Check payout sustainability and long-term distribution behavior.

Analyst Expectations

Review consensus spread and where estimate risk is concentrated.