Northern Minerals published a quarterly report on Form 10-Q for the quarter ended Jan. 31, 2026, reporting revenue of USD 9,454 and net loss of USD 110,057. Officer compensation rose 147% to USD 16,300, driven by higher CFO compensation and a non-cash share grant expense of USD 8,700. Professional fees more than tripled to USD 21,544 due to higher legal fees, while general and administrative expenses did not disclose a comparable change and totaled USD 30,976, including USD 17,300 of share-based non-cash expense and USD 9,500 in website development costs. Other expenses were USD 7,728, including interest expense of USD 4,571 and an unrealized loss on a Bitcoin asset of USD 3,157. For the six months ended Jan. 31, 2026, cash used in operating activities increased 63.8% to USD 135,340 and net cash provided by financing activities was USD 182,000 from related-party loans.

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