Idaho Copper Corp (COPR) Form 10-Q — Aug 31, 2026
Idaho Copper Corporation filed its 10-Q for the quarter ended July 31, 2026, reporting no revenue and a net loss of $2,206,694 versus $777,964 a year earlier; the six-month net loss widened to $3,718,624 from $1,460,852. The filing carries a going-concern qualification: management estimates it needs approximately $20,000,000 over the next twelve months to maintain its operations schedule, even with cash of $12,121,420 and a working capital surplus of $10,179,539 at quarter end.
Key figures
- Revenue
- 0
- Total Debt
- 1339000
- Cash Position
- 12121420
- Shares Outstanding
- 18778604
- Options outstanding
- 1356750
- Reverse split ratio
- 1-for-20
- Stockholders equity
- 11280480
- Warrants outstanding
- 7889305
- Working capital surplus
- 10179539
- Underwritten shares sold
- 3712000
- Underwritten offering net
- 16548166
- Bond principal outstanding
- 1339000
- Mining claim purchase cash
- 500000
- Mining claim purchase stock
- 1500000
- Underwritten offering gross
- 18008768
- Going concern funding need 12m
- 20000000
- Convertible note proceeds total
- 1440000
- Financing cash provided six months
- 15878166
- Warrant shares in underwritten offering
- 4723287
Price after filing
Close on the filing date to close N calendar days later (from $3.38). Historical, not a forecast.
AI analysis
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