---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-23-008544"
form_type: "8-K"
ticker: "FTCO"
cik: "0001828377"
company_name: "Fortitude Gold Corp"
filed_at: "2023-05-08T23:59:59+00:00"
generated_at: "2026-06-15T14:14:13.415841+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Fortitude Gold Q1 net income $6.4M, AISC $578/oz, cash rises to $52.3M

## Summary
- Net sales $21.5M, net income $6.4M ($0.26 per share).
- Produced 11,487 oz gold; sold 11,429 oz at total cash cost $499/oz after by-product credits.
- All-in sustaining cost $578/oz; realized gold price $1,889/oz.
- Cash balance increased $7.2M to $52.3M; working capital $90.1M.
- Maintains 2023 production outlook of 36,000-40,000 oz; County Line and Golden Mile projects advancing.

## SEC filing metadata
- accession: 0001558370-23-008544
- form_type: 8-K
- ticker: FTCO
- cik: 0001828377
- company_name: Fortitude Gold Corp
- filed_at: 2023-05-08T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1828377/000155837023008544/0001558370-23-008544-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1828377/000155837023008544/ftco-20230508x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-23-008544
- JSON: https://secwatch.observer/filing/0001558370-23-008544.json
- Plain text: https://secwatch.observer/filing/0001558370-23-008544.txt

## Key facts
- Earnings Releases
  Fortitude Gold Corp reported the first quarter ended March 31, 2023 results: revenue $21.5 million net sales, net income $6.4 million net income, EPS $0.26 per share.
  - Period: the first quarter ended March 31, 2023
  - Revenue: $21.5 million net sales
  - Net income: $6.4 million net income
  - EPS: $0.26 per share
  - Result: reported results
  source text: Fortitude Gold Corporation (OTCQB: FTCO) (the “Company”) reported results for the first quarter ended March 31, 2023, including $21.5 million net sales, $6.4 million net income or $0.26 per share
  evidence_url: https://www.sec.gov/Archives/edgar/data/1828377/000155837023008544/0001558370-23-008544-index.htm

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