Idaho Copper Corp
For the period ended Jul 31, 2024. Filed Sep 5, 2024.
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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.
Jul 31, 2024 · Filed Sep 5, 2024
COPR-WT$0.69-1.4%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Condensed Consolidated Balance Sheets (unaudited)
Condensed Consolidated Balance Sheet
| July 31, | January 31, | |
|---|---|---|
| 2024 | 2024 | |
| ASSETS | ||
| Current assets | ||
| Cash | $454,256 | $30,146 |
| Prepaid expenses | 137,857 | 21,624 |
| Total current assets | 592,113 | 51,770 |
| Right of use asset | 40,446 | - |
| Deposit | 100,000 | 100,000 |
| Total assets | $732,559 | $151,770 |
| CURRENT LIABILITIES AND STOCKHOLDERS’ DEFICIT | ||
| Current liabilities | ||
| Accounts payable and accrued expenses | $366,549 | $434,519 |
| Accrued expenses to related parties | 378,572 | 370,135 |
| Accrued interest, current portion | 342,492 | 1,115,723 |
| Lease liability | 40,446 | - |
| Bond liabilities | 260,000 | - |
| Total current liabilities | 1,388,059 | 1,920,377 |
| Non-current liabilities | ||
| Bond liabilities | 2,875,000 | 3,135,000 |
| Convertible notes payable, net of discounts | - | 623,999 |
| Accrued interest, non-current portion | 1,389,428 | 533,003 |
| Total non-current liabilities | 4,264,428 | 4,292,002 |
| Total liabilities | 5,652,487 | 6,212,379 |
| Commitments and contingencies (Note 7) | - | - |
| Stockholders’ deficit | ||
| Preferred stock, $0.001 par value, 10,000,000 shares authorized, 185.67 and 23 shares issued and outstanding at July 31, 2024 and January 31, 2024, respectively | - | - |
| Common stock, $0.001 par value, 500,000,000 shares authorized, 249,946,937 and 214,647,732 shares issued and outstanding at July 31, 2024 and January 31, 2024, respectively | 249,947 | 214,648 |
| Additional paid-in capital | 28,915,982 | 25,336,048 |
| Subscription receivable | - | (11,000) |
| Accumulated deficit | (34,085,857) | (31,600,305) |
| Total stockholders’ deficit | (4,919,928) | (6,060,609) |
| Total liabilities and stockholders’ deficit | $732,559 | $151,770 |
The accompanying notes are an integral part of the unaudited condensed consolidated financial statements.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.