Deferred Tax Assets, Valuation Allowance of FORMATION MINERALS, INC. from 30 Apr 2021 to 30 Apr 2024

Taxonomy & unit: us-gaap: USD
Description: Amount of deferred tax assets for which it is more likely than not that a tax benefit will not be realized.
Summary: FORMATION MINERALS, INC. quarterly Deferred Tax Assets, Valuation Allowance in USD history and change rate from 30 Apr 2021 to 30 Apr 2024.
FORMATION MINERALS, INC. Deferred Tax Assets, Valuation Allowance for the quarter ending 30 Apr 2024 was $1,021,906, a 8.6% increase year-over-year.
Source SEC data: View on sec.gov

Deferred Tax Assets, Valuation Allowance, Quarterly (USD)

Deferred Tax Assets, Valuation Allowance, YoY Quarterly Change (%)

FORMATION MINERALS, INC. Quarterly Deferred Tax Assets, Valuation Allowance (USD)

Period	Value	YoY Chg	Change %	Date	Report	Filed	Fiscal Year	Fiscal Period
Q1 2024	$1,021,906	+$81,219	+8.6%	30 Apr 2024	10-K	13 Aug 2024	2024	FY
Q1 2023	$940,687	+$128,367	+16%	30 Apr 2023	10-K	13 Aug 2024	2024	FY
Q1 2022	$812,320	+$146,645	+22%	30 Apr 2022	10-K	14 Aug 2023	2023	FY
Q1 2021	$665,675			30 Apr 2021	10-K	12 Aug 2022	2022	FY

* An asterisk sign (*) next to the value indicates that the value is likely invalid.