Idaho Copper Corp

For the period ended Apr 30, 2024. Filed Jun 3, 2024.

About this filing

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.

Apr 30, 2024 · Filed Jun 3, 2024

COPR-WT$0.69-1.4%Stored close · as of Nov 10, 2026

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Contents

Condensed Consolidated Statements of Cash Flows (unaudited)

Condensed Consolidated Statements of Cash Flows

For the Three Months Ended April 30,

2024 · 2023
Cash flows from operating activities:
Net loss		$(1,044,266)		$(575,001)
Adjustments to reconcile net loss to net cash used in operating activities:
Stock-based compensation		189,248		140,741
Amortization of beneficial conversion feature		-		66,679
Amortization of debt discount		19,490		-
Change in assets and liabilities:
Prepaid expenses		(82,151)		(23,675)
Accounts payable and accrued expenses		(32,347)		(69,517)
Accrued expenses - related party		133,840		47,000
Accrued interest		37,750		99,120
Net cash used in operating activities		(778,436)		(314,653)
Cash flows from financing activities:
Proceeds from sale of preferred stock		1,753,300		-
Net cash provided by financing activities		1,753,300		-
Net increase in cash		974,864		(314,653)
Cash at beginning of period		30,146		431,374
Cash at end of period		$1,005,010		$116,721
Cash paid for interest	$	-	$	-
Cash paid for taxes	$	-	$	-
Non-cash investing and financing activities:
Conversion of convertible notes payable		$1,048,793	$	-
Cashless exercise of warrants and options		$19,521	$	-

The accompanying notes are an integral part of these unaudited condensed consolidated financial statements.

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.