v3.25.1

CONDENSED CONSOLIDATED INTERIM BALANCE SHEETS - USD ($)	Mar. 31, 2025	Dec. 31, 2024
Current
Cash and cash equivalents	$ 4,262,573	$ 992,487
Prepaid expenses and other	163,876	144,693
Total current assets	4,426,449	1,137,180
Property and equipment	7,465	7,465
Mineral property	55,375,124	55,375,124
Total assets	59,809,038	56,519,769
Current liabilities
Accounts payable	21,199	38,374
Accrued liabilities	219,207	139,103
Total liabilities	240,406	177,477
Shareholders' equity
Share capital, no par value; unlimited number of authorized shares; 207,885,473 and 199,693,442 shares issued and outstanding at March 31, 2025 December 31, 2024, respectively	294,983,309	291,169,769
Contributed surplus	36,987,136	36,923,555
Accumulated other comprehensive income	1,431,405	1,413,118
Deficit	(273,833,218)	(273,164,150)
Total shareholders' equity	59,568,632	56,342,292
Total liabilities and shareholders' equity	$ 59,809,038	$ 56,519,769

Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

INTERNATIONAL TOWER HILL MINES LTD 10-Q