---
schema_version: "secwatch.filing_event.v1"
accession: "0001176256-26-000048"
form_type: "8-K"
ticker: "AUMN"
cik: "0001011509"
company_name: "Golden Minerals Co"
filed_at: "2026-04-02T23:59:59+00:00"
generated_at: "2026-05-15T07:46:15.192343+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Golden Minerals reports FY2025 net income of $2.7M but warns cash will run out in Q2 2026

## Summary
- Net income of $2.7M ($0.18 basic EPS) vs net loss of $7.6M in 2024; driven by $6.1M income from discontinued ops.
- Cash and equivalents fell to $1.3M at Dec 31, 2025 from $3.2M a year ago.
- Company expects cash resources to be exhausted in Q2 2026; will need additional capital or may cease operations.
- Completed sales of Velardeña assets and Mexican subsidiaries for total $1.8M in 2025.
- Forecasted 2026 expenditures ~$2.3M; exploring sale of company or other financing.

## SEC filing metadata
- accession: 0001176256-26-000048
- form_type: 8-K
- ticker: AUMN
- cik: 0001011509
- company_name: Golden Minerals Co
- filed_at: 2026-04-02T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1011509/000117625626000048/0001176256-26-000048-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1011509/000117625626000048/ea0284874-8k_golden.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001176256-26-000048
- JSON: https://secwatch.observer/filing/0001176256-26-000048.json
- Plain text: https://secwatch.observer/filing/0001176256-26-000048.txt

## Key facts
- Earnings Releases
  Golden Minerals Co reported the fiscal year ended December 31, 2025 results: net income Net income was $2.7 million, or $0.18 per basic share and $0.16 per diluted share, in 2025, EPS $0.18 per basic share and $0.16 per diluted share.
  - Period: the fiscal year ended December 31, 2025
  - Net income: Net income was $2.7 million, or $0.18 per basic share and $0.16 per diluted share, in 2025
  - EPS: $0.18 per basic share and $0.16 per diluted share
  - Result: reported results
  source text: Net income was $2.7 million, or $0.18 per basic share and $0.16 per diluted share, in 2025
  evidence_url: https://www.sec.gov/Archives/edgar/data/1011509/000117625626000048/0001176256-26-000048-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.