Comstock Inc.
For the period ended Jun 30, 2026. Filed Jul 23, 2026.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Jun 30, 2026 · Filed Jul 23, 2026
LODE$1.92-1.5%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS
| Three-Months Ended · Six-Months Ended | ||||
|---|---|---|---|---|
| June 30, | June 30, | |||
| 2026 | 2025 | 2026 | 2025 | |
| Revenue | $272,824 | $339,546 | $586,280 | $1,125,361 |
| Cost of goods sold | 1,168,897 | 814,001 | 1,768,707 | 1,700,797 |
| Operating Expenses: | ||||
| Selling, general and administrative expenses | 7,349,670 | 4,635,090 | 13,918,443 | 7,893,555 |
| Research and development | 2,284,363 | 2,120,645 | 4,380,605 | 5,424,563 |
| Depreciation and amortization | 1,020,760 | 636,692 | 2,412,144 | 1,012,076 |
| Loss on intangible assets impairment | 13,648,042 | — | 13,648,042 | — |
| Loss on property, plant and equipment impairment | 1,736,481 | — | 1,736,481 | — |
| Gain on sale of royalty and mineral rights | — | (200,000) | (1,400,010) | (200,000) |
| Total operating expenses | 26,039,316 | 7,192,427 | 34,695,705 | 14,130,194 |
| Loss from operations | (26,935,389) | (7,666,882) | (35,878,132) | (14,705,630) |
| Other Income (Expense): | ||||
| Loss on investment impairment | (1,031,371) | — | (1,031,371) | — |
| Loss on sale of note receivable | (403,217) | — | (403,217) | — |
| Interest expense | (222,406) | (774,062) | (370,399) | (1,433,206) |
| Interest income | 428,506 | 154,700 | 1,083,810 | 250,809 |
| Change in fair value of derivative instruments | 1,597,838 | 2,868,176 | 875,823 | 1,677,373 |
| Loss on conversion of debt | — | (2,133,951) | — | (3,330,831) |
| Gain on extinguishment of liability | — | — | — | 845,000 |
| Change in fair value of SAFE Note | 1,100,000 | — | 1,100,000 | — |
| Other income (expense) | (2,362) | (274,924) | (228,332) | (224,389) |
| Total other income (expense), net | 1,466,988 | (160,061) | 1,026,314 | (2,215,244) |
| Net loss | (25,468,401) | (7,826,943) | (34,851,818) | (16,920,874) |
| Net loss attributable to noncontrolling interest | — | — | — | — |
| Net loss attributable to Comstock Inc. | $(25,468,401) | $(7,826,943) | $(34,851,818) | $(16,920,874) |
| Earnings per Share - Basic and Diluted: | ||||
| Net loss per share - basic and diluted | $(0.34) | $(0.27) | $(0.49) | $(0.63) |
| Weighted average common shares outstanding, basic and diluted | 75,811,298 | 29,326,043 | 70,916,967 | 26,810,144 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.