GRML
Greenland Mines Ltd
Company overview
- Market capitalization
- $1.88B
- Employees
- 5
- Latest publication
- 2026-09-29
About Greenland Mines Ltd
Greenland Mines Ltd engages in the cell and gene therapy, and natural resources businesses. The company primarily explores palladium, gold, and platinum deposits. It focuses on the exploration and development of Skaergaard project located in Southeast Greenland. The company is also involved in the development of KLTO-202, a gene therapy for the treatment and prevention of amyotrophic lateral sclerosis; and KLTO-101 for the treatment or prevention of Alzheimer's disease, as well as therapies to treat Parkinson's and other age-related disorders. The company was formerly known as Klotho Neurosciences, Inc. and changed its name to Greenland Mines Ltd in March 2026. Greenland Mines Ltd is based in Charlotte, North Carolina.
Financial statements
Income Quarterly
| Metric | Q1 20262026-03-31 · USD | Q4 20252025-12-31 · USD | Q3 20252025-09-30 · USD | Q2 20252025-06-30 · USD | Q1 20252025-03-31 · USD | Q4 20242024-12-31 · USD | Q3 20242024-09-30 · USD | Q2 20242024-06-30 · USD |
|---|---|---|---|---|---|---|---|---|
| Total Revenue | 0USD | — | — | — | 0USD | — | — | — |
| Research Development | 321,271USD | 124,342USD | 271,145USD | 238,700USD | 0USD | — | — | — |
| Selling General Administrative | 9,191,018USD | — | — | — | 1,586,968USD | — | — | — |
| Total Operating Expenses | 9,512,289USD | 1,813,141USD | 1,853,304USD | 1,892,852USD | 1,586,968USD | 1,851,652USD | 2,870,932USD | 395,607USD |
| Operating Income | -9,512,289USD | -1,813,141USD | -1,853,304USD | -1,892,852USD | -1,586,968USD | -1,851,652USD | -2,870,932USD | -395,607USD |
| Interest Expense | 1,615USD | — | 1,177,999USD | 1,760,025USD | 553,937USD | 296,583USD | 44,956USD | 15,064USD |
| Net Interest Income | -1,615USD | — | — | — | -553,937USD | — | — | — |
| Income Before Tax | -13,857,203USD | -1,328,876USD | -2,895,585USD | -4,093,231USD | -2,233,982USD | -2,067,263USD | -2,959,426USD | -451,639USD |
| Tax Provision | 0USD | — | — | — | 0USD | — | — | — |
| Net Income | -13,857,203USD | -1,328,876USD | -2,895,585USD | -4,093,231USD | -2,233,982USD | -2,067,263USD | -2,959,426USD | -451,639USD |
| Net Income From Continuing Ops | -13,857,203USD | — | — | — | -2,116,726USD | — | — | — |
| Total Other Income Expense Net | -4,343,299USD | 484,265USD | -1,042,281USD | -2,200,379USD | -647,014USD | -215,611USD | -88,494USD | -56,032USD |
| Unclassified Operating Expenses | — | 1,688,799USD | 1,582,159USD | 1,654,152USD | — | 1,851,652USD | 2,870,932USD | — |
| Ebitda | — | -1,813,141USD | -1,853,304USD | -1,892,852USD | -1,586,968USD | -1,851,652USD | -2,870,932USD | -395,607USD |
| Source | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy |
Income Yearly
| Metric | FY 20252025-12-31 · USD | FY 20242024-12-31 · USD | FY 20232023-12-31 · USD | FY 20222022-12-31 · USD |
|---|---|---|---|---|
| Research Development | 634,187USD | — | — | — |
| Unclassified Operating Expenses | 6,512,078USD | 5,540,236USD | — | — |
| Total Operating Expenses | 7,146,265USD | 5,540,236USD | 631,322USD | 657,022USD |
| Operating Income | -7,146,265USD | -5,540,236USD | -631,322USD | -657,018USD |
| Interest Expense | 2,313,961USD | 356,603USD | 76,214USD | — |
| Income Before Tax | -10,551,674USD | -6,150,372USD | -707,458USD | 1,555,377USD |
| Net Income | -10,551,674USD | -6,150,372USD | -707,458USD | 1,233,352USD |
| Ebitda | -7,146,265USD | -5,540,236USD | -631,322USD | -657,018USD |
| Total Other Income Expense Net | -3,405,409USD | -610,136USD | -76,136USD | 2,212,395USD |
| Income Tax Expense | — | — | — | 322,025USD |
| Source | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy |
Balance sheet Quarterly
| Metric | Q2 20262026-06-30 · USD | Q1 20262026-03-31 · USD | Q4 20252025-12-31 · USD | Q3 20252025-09-30 · USD | Q2 20252025-06-30 · USD | Q1 20252025-03-31 · USD | Q4 20242024-12-31 · USD | Q3 20242024-09-30 · USD |
|---|---|---|---|---|---|---|---|---|
| Total Assets | 65,013,052USD | 59,737,093USD | 9,593,240USD | 10,073,144USD | 10,845,886USD | 2,987,266USD | 2,457,365USD | 2,464,199USD |
| Cash And Equivalents | 9,300,000USD | 10,002,477USD | 7,176,615USD | — | — | — | — | — |
| Total Current Assets | 12,207,270USD | 10,931,642USD | 7,293,686USD | 7,773,590USD | 8,546,332USD | 687,712USD | 157,811USD | 154,645USD |
| Other Current Assets | 62,120USD | 62,147USD | — | 86,303USD | 115,386USD | 121,843USD | 94,070USD | 103,750USD |
| Other Non Current Assets | 134,677USD | 134,677USD | — | — | — | — | — | — |
| Total Liabilities | 7,109,200USD | 8,268,533USD | 129,764USD | — | — | — | — | — |
| Total Current Liabilities | 1,209,639USD | 553,739USD | 76,764USD | 92,891USD | 62,962USD | 2,337,586USD | 1,247,534USD | 982,428USD |
| Other Current Liabilities | 213,456USD | 108,086USD | 32,157USD | — | — | — | — | — |
| Total Stockholder Equity | 57,903,852USD | 51,468,560USD | 9,463,476USD | 9,927,253USD | 10,650,477USD | 638,709USD | 1,185,345USD | 1,460,571USD |
| Total Equity Including Noncontrolling Interest | 57,903,852USD | 51,468,560USD | 9,463,476USD | — | — | — | — | — |
| Property Plant Equipment Net | 317,530USD | — | — | — | — | — | — | — |
| Intangible Assets | 48,670,775USD | 48,670,775USD | — | 2,299,554USD | 2,299,554USD | 2,299,554USD | 2,299,554USD | 2,309,554USD |
| Accounts Payable | 698,215USD | 151,112USD | 44,607USD | — | — | — | — | — |
| Common Stock | 15,885USD | 12,124USD | 7,254USD | 7,033USD | 5,270USD | 2,851USD | 2,708USD | 306,448USD |
| Retained Earnings | -38,656,736USD | -34,971,676USD | -21,114,473USD | -19,785,597USD | -16,890,012USD | -12,796,781USD | -10,562,799USD | -8,495,536USD |
| Total Liab | — | — | — | 145,891USD | 195,409USD | 2,348,557USD | 1,272,020USD | 1,003,628USD |
| Other Current Liab | — | — | — | 92,891USD | 62,962USD | 569,666USD | 975,781USD | 831,428USD |
| Cash | — | — | — | 7,348,034USD | 8,430,946USD | 565,869USD | 63,741USD | 50,895USD |
| Cash And Short Term Investments | — | — | — | 7,348,034USD | 8,430,946USD | 565,869USD | 63,741USD | 50,895USD |
| Net Debt | — | — | — | -7,348,034USD | -8,430,946USD | 1,202,051USD | 208,012USD | 100,105USD |
| Net Receivables | — | — | — | 339,253USD | — | — | — | — |
| Common Stock Shares Outstanding | — | — | — | 59,416,539shares | 33,952,418shares | 27,523,678shares | 27,080,915shares | 16,688,945shares |
| Non Current Assets Total | — | — | — | 2,299,553USD | 2,299,554USD | 2,299,554USD | 2,299,553USD | 2,309,554USD |
| Non Current Liabilities Total | — | — | — | 52,999USD | 132,446USD | 10,971USD | 24,486USD | 21,199USD |
| Unclassified Equity | — | — | — | 29,705,817USD | 27,535,219USD | 13,432,639USD | 11,745,436USD | 9,649,659USD |
| Short Term Debt | — | — | — | — | — | 1,767,920USD | 271,753USD | 151,000USD |
| Short Long Term Debt Total | — | — | — | — | — | 1,767,920USD | 271,753USD | 151,000USD |
| Source | DisclosureDeterministicFinal | DisclosureDeterministicAmendment | DisclosureDeterministicAmendment | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy |
Balance sheet Yearly
| Metric | FY 20252025-12-31 · USD | FY 20242024-12-31 · USD | FY 20232023-12-31 · USD | FY 20222022-12-31 · USD |
|---|---|---|---|---|
| Total Assets | 9,593,240USD | 2,457,365USD | 2,192,706USD | 118,246,636USD |
| Cash And Equivalents | 7,176,615USD | — | — | — |
| Total Current Assets | 7,293,686USD | 157,811USD | 6,648USD | 440,158USD |
| Total Liabilities | 129,764USD | — | — | — |
| Total Current Liabilities | 76,764USD | 1,247,534USD | 1,620,989USD | 506,241USD |
| Other Current Liabilities | 32,157USD | — | — | — |
| Total Stockholder Equity | 9,463,476USD | 1,185,345USD | 571,717USD | 113,317,140USD |
| Total Equity Including Noncontrolling Interest | 9,463,476USD | — | — | — |
| Accounts Payable | 44,607USD | — | — | — |
| Common Stock | 7,254USD | 2,708USD | 1,513USD | 117,361,992USD |
| Retained Earnings | -21,114,473USD | -10,562,799USD | -3,923,677USD | -4,044,851USD |
| Intangible Assets | — | 2,299,554USD | 2,186,058USD | — |
| Other Current Assets | — | 94,070USD | 3,840USD | 99,196USD |
| Total Liab | — | 1,272,020USD | 1,620,989USD | 4,929,496USD |
| Other Current Liab | — | 975,781USD | 153,719USD | 506,241USD |
| Cash | — | 63,741USD | 2,808USD | 340,962USD |
| Cash And Short Term Investments | — | 63,741USD | 2,808USD | 340,962USD |
| Net Debt | — | 208,012USD | 1,464,462USD | -340,962USD |
| Short Term Debt | — | 271,753USD | 1,467,270USD | — |
| Short Long Term Debt Total | — | 271,753USD | 1,467,270USD | — |
| Common Stock Shares Outstanding | — | 19,247,313shares | 15,130,393shares | 14,905,000shares |
| Non Current Assets Total | — | 2,299,553USD | 2,186,057USD | 117,806,478USD |
| Non Current Liabilities Total | — | 24,486USD | — | 4,423,255USD |
| Unclassified Equity | — | 11,745,436USD | 4,493,881USD | — |
| Unclassified Non Current Assets | — | — | — | 117,806,478USD |
| Unclassified Non Current Liabilities | — | — | — | 4,423,255USD |
| Source | DisclosureDeterministicAmendment | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy |
Cash flow Quarterly
| Metric | Q2 20262026-06-30 · USD | Q1 20262026-03-31 · USD | Q4 20252025-12-31 · USD | Q3 20252025-09-30 · USD | Q2 20252025-06-30 · USD | Q1 20252025-03-31 · USD | Q4 20242024-12-31 · USD | Q3 20242024-09-30 · USD |
|---|---|---|---|---|---|---|---|---|
| Stock Based Compensation | 111,082USD | 5,107,399USD | — | — | — | 495,500USD | — | — |
| Change To Liabilities | 652,473USD | 182,434USD | — | — | — | — | — | — |
| Change In Working Capital | 187,013USD | 331,918USD | -57,117USD | 26,602USD | -457,615USD | -433,888USD | 308,863USD | -25,363USD |
| Operating Cash Flow | -6,853,878USD | -4,971,143USD | — | — | — | — | — | — |
| Net Investments | -111,150USD | -365,324USD | — | — | — | — | — | — |
| Investing Cash Flow | -428,680USD | -365,324USD | — | — | — | — | — | — |
| Financing Cash Flow | 6,624,438USD | 8,162,329USD | — | — | — | — | — | — |
| Change In Cash | -658,120USD | 2,825,862USD | -171,419USD | -1,082,912USD | 7,865,077USD | 502,128USD | 12,846USD | -794,441USD |
| End Cash Flow | 9,344,357USD | 10,002,477USD | — | — | — | — | — | — |
| Net Income | — | — | -1,328,876USD | -2,895,585USD | -4,093,231USD | -2,233,982USD | -2,067,263USD | -2,959,426USD |
| Other Non Cash Items | — | — | 107,129USD | 1,780,771USD | 2,582,415USD | 1,145,123USD | 814,246USD | 1,911,830USD |
| Total Cash From Operating Activities | — | — | -1,278,864USD | -1,088,212USD | -1,968,431USD | -1,522,747USD | -944,154USD | -1,072,959USD |
| Capital Expenditures | — | — | -4USD | 0USD | 0USD | -3USD | -4USD | 0USD |
| Free Cash Flow | — | — | -1,278,860USD | -1,088,210USD | -1,968,430USD | -1,522,750USD | -944,150USD | -1,072,960USD |
| Total Cash From Financing Activities | — | — | 1,107,445USD | 5,300USD | 9,833,508USD | 2,024,875USD | 957,000USD | 278,518USD |
| Begin Period Cash Flow | — | — | 7,348,034USD | 8,430,946USD | 565,869USD | 63,741USD | 50,895USD | 845,336USD |
| End Period Cash Flow | — | — | 7,176,615USD | 7,348,034USD | 8,430,946USD | 565,869USD | 63,741USD | 50,895USD |
| Net Borrowings | — | — | — | — | — | 2,075,000USD | — | — |
| Issuance Of Capital Stock | — | — | — | — | — | 0USD | — | — |
| Other Cashflows From Financing Activities | — | — | — | — | — | -40,224USD | -240,000USD | 128,518USD |
| Unclassified Financing Cash Flow | — | — | — | — | — | — | 1,197,000USD | — |
| Source | DisclosureDeterministicFinal | DisclosureDeterministicAmendment | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy |
Cash flow YTD
| Metric | Q2 20262026-06-30 · USD |
|---|---|
| Stock Based Compensation | 5,218,481USD |
| Change To Liabilities | 834,907USD |
| Change In Working Capital | 518,931USD |
| Operating Cash Flow | -11,825,021USD |
| Capital Expenditures | -317,530USD |
| Net Investments | -476,474USD |
| Investing Cash Flow | -794,004USD |
| Financing Cash Flow | 14,786,767USD |
| Change In Cash | 2,167,742USD |
| End Cash Flow | 9,344,357USD |
| Source | DisclosureDeterministicFinal |
Cash flow Yearly
| Metric | FY 20252025-12-31 · USD | FY 20242024-12-31 · USD | FY 20232023-12-31 · USD | FY 20222022-12-31 · USD |
|---|---|---|---|---|
| Stock Based Compensation | 1,565,212USD | — | — | — |
| Change To Liabilities | -879,938USD | — | — | — |
| Operating Cash Flow | -5,889,254USD | — | — | — |
| Common Stock Issuance | 500,000USD | — | — | — |
| Unclassified Financing Cash Flow | 12,502,128USD | 2,344,000USD | — | 120,316,589USD |
| Financing Cash Flow | 13,002,128USD | — | — | — |
| Change In Cash | 7,112,874USD | 60,933USD | -338,154USD | 336,010USD |
| End Cash Flow | 7,176,615USD | — | — | — |
| Net Income | — | -6,150,372USD | -707,458USD | 1,233,352USD |
| Other Non Cash Items | — | 3,053,287USD | — | -2,212,395USD |
| Change In Working Capital | — | 278,573USD | 101,542USD | 486,000USD |
| Total Cash From Operating Activities | — | -2,818,512USD | -605,916USD | -493,043USD |
| Capital Expenditures | — | 0USD | -4USD | -3USD |
| Free Cash Flow | — | -2,818,510USD | -605,920USD | -493,040USD |
| Total Cashflows From Investing Activities | — | -123,497USD | 23,852USD | -116,150,000USD |
| Total Cash From Financing Activities | — | 3,002,942USD | 509,000USD | 116,979,053USD |
| Begin Period Cash Flow | — | 2,808USD | 340,962USD | 4,952USD |
| End Period Cash Flow | — | 63,741USD | 2,808USD | 340,962USD |
| Other Cashflows From Financing Activities | — | 658,942USD | 250,000USD | -3,337,536USD |
| Other Cashflows From Investing Activities | — | — | 37,740USD | — |
| Unclassified Investing Cash Flow | — | — | — | -116,149,997USD |
| Source | DisclosureDeterministicAmendment | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy |
Operating metrics
No operating metrics are currently published for this company.
Revenue breakdown
No revenue breakdown is currently published for this company.
Periods follow company fiscal calendars. Quarterly, annual and year-to-date amounts are shown separately. Missing values are not zero. Data may be delayed, incomplete or corrected; follow the disclosure links to verify figures.