Idaho Copper Corp
For the period ended Oct 31, 2024. Filed Dec 12, 2024.
View on SEC.govAbout 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.
Oct 31, 2024 · Filed Dec 12, 2024
COPR-WT$0.69-1.4%Stored close · as of Nov 10, 2026
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Condensed Consolidated Statements of Changes in Stockholders’ Deficit (unaudited)
Condensed Consolidated Statements of Changes in Stockholders’ Deficit
For the Nine Months Ended October 31, 2024 and 2023
| Additional · Accumu- | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Preferred Stock · Common Stock · Paid-in · Subscription · lated | ||||||||||
| Shares · Amount · Shares · Amount · Capital · Receivable · Deficit · Total | ||||||||||
| Balance, January 31, 2023 | - | $ | - | 208,457,823 | $208,458 | $23,059,223 | $ | - | $(27,888,258) | $(4,620,577) |
| Common stock options issued for services | - | - | 879,628 | 879 | 139,860 | - | - | 140,739 | ||
| Net loss for the period ended April 30, 2023 | - | - | - | - | - | - | (575,001) | (575,001) | ||
| Balance, April 30, 2023 | - | $ | - | 209,337,451 | $209,337 | $23,199,083 | $ | - | $(28,463,259) | $(5,054,839) |
| Warrants issued | - | - | - | - | 103,846 | - | - | 103,846 | ||
| Net loss for the period ended July 31, 2023 | - | - | - | - | - | - | (587,531) | (587,531) | ||
| Balance, July 31, 2023 | - | $ | - | 209,337,451 | $209,337 | $23,302,929 | $ | - | $(29,050,790) | $(5,538,524) |
| Conversion of liabilities to common stock | - | - | 3,844,073 | 3,845 | 265,240 | - | - | 269,085 | ||
| Net loss for the period ended October 31, 2023 | - | - | - | - | - | - | (580,459) | (580,459) | ||
| Balance, October 31, 2023 | - | $ | - | 213,181,524 | $213,182 | $23,568,169 | $ | - | $(29,631,249) | $(5,849,898) |
| Balance, January 31, 2024 | 23 | $ | - | 214,647,732 | $214,648 | $25,336,048 | $(11,000) | $(31,600,305) | $(6,060,609) | |
| Adoption of ASU 2020-06 | - | - | - | - | - | - | (405,305) | (405,305) | ||
| Sale of preferred stock | 139 | - | - | - | 1,742,300 | 11,000 | - | 1,753,300 | ||
| Conversion of convertible notes payable | - | - | 12,848,116 | 12,848 | 1,035,945 | - | - | 1,048,793 | ||
| Exercise of warrants | - | - | 4,781,249 | 4,781 | (4,781) | - | - | - | ||
| Exercise of options | - | - | 14,740,000 | 14,740 | (14,740) | - | - | - | ||
| Stock based compensation | - | - | - | - | 189,248 | - | - | 189,248 | ||
| Net loss for the period ended April 30, 2024 | - | - | - | - | - | - | (1,044,266) | (1,044,266) | ||
| Balance, April 30, 2024 | 162 | $ | - | 247,017,097 | $247,017 | $28,284,020 | $ | - | $(33,049,876) | $(4,518,839) |
| Exercise of options | - | - | - | - | - | - | - | - | ||
| Sale of preferred stock | 23.67 | - | - | - | 320,084 | - | - | 320,084 | ||
| Stock based compensation | - | - | 1,888,173 | 1,888 | 362,920 | - | - | 364,808 | ||
| Exercise of warrant | - | - | 1,041,667 | 1,042 | (1,042) | - | - | - | ||
| Costs related to sale of preferred stock | - | - | - | - | (50,000) | - | - | (50,000) | ||
| Net loss for the period ended July 31, 2024 | - | - | - | - | - | - | (1,035,981) | (1,035,981) | ||
| Balance, July 31, 2024 | 185.67 | $ | - | 249,946,937 | $249,947 | $28,915,982 | $ | - | $(34,085,857) | $(4,919,928) |
| Sale of preferred stock | 1 | - | - | - | 12,000 | - | - | 12,000 | ||
| Stock-based compensation | - | - | 6,996,000 | 6,996 | 1,697,028 | - | - | 1,704,024 | ||
| Net loss for the period ended October 31, 2024 | - | - | - | - | - | - | (2,352,581) | (2,352,581) | ||
| Balance, October 31, 2024 | 186.67 | $ | - | 256,942,937 | $256,943 | $30,625,010 | $ | - | $(36,438,438) | $(5,556,485) |
The accompanying notes are an integral part of these 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.