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Idaho Copper Corp

For the period ended Oct 31, 2025. Filed Nov 25, 2025.

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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.

Oct 31, 2025 · Filed Nov 25, 2025

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, 2025 and 2024

Additional
Preferred Stock · Common Stock · Paid-in · Subscription · Accumulated
Shares · Amount · Shares · Amount · Capital · Receivable · Deficit · Total
Balance, January 31, 202423$-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 stock139---1,742,30011,000-1,753,300
Conversion of convertible notes payable--12,848,11612,8481,035,945--1,048,793
Exercise of options--19,521,24919,521(19,521)---
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, 2024162$-247,017,097$247,017$28,284,020$-$(33,049,876)$(4,518,839)
Sale of preferred stock23.67---320,084--320,084
Stock-based compensation--1,888,1731,888362,920--364,808
Exercise of warrant--1,041,6671,042(1,042)---
Costs related to the 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, 2024185.67$-249,946,937$249,947$28,915,982$-$(34,085,857)$(4,919,928)
Sale of preferred stock1---12,000--12,000
Stock-based compensation--6,996,0006,9961,697,028--1,704,024
Net loss for the period ended October 31, 2024------(2,352,581)(2,352,581)
Balance, October 31, 2024186.67$-256,942,937$256,943$30,625,010$-$(36,438,438)$(5,556,485)
Balance, January 31, 2025196.67$-261,463,225$261,463$31,712,525$-$(37,142,942)$(5,168,954)
Stock-based compensation--1,491,3341,492276,008--277,500
Exercise of warrants--450,000450107,550--108,000
Net loss for the period ended April 30, 2025------(682,888)(682,888)
Balance, April 30, 2025196.67$-263,404,559$263,405$32,096,083$-$(37,825,830)$(5,466,342)
Stock-based compensation--2,230,9522,231595,269--597,500
Exercise of warrants--225,00022553,775--54,000
Net loss for the period ended July 31, 2025------(777,964)(777,964)
Balance, July 31, 2025196.67$-265,860,511$265,861$32,745,127$-$(38,603,794)$(5,592,806)
Stock-based compensation--561,350561196,939--197,500
Conversion of preferred stock into common stock(197)-9,833,3339,833(9,833)---
Issuance of warrants as compensation----60,000--60,000
Exercise of warrants--642,91164396,297--96,940
Net loss for the period ended October 31, 2025------(789,035)(789,035)
Balance, October 31, 2025-$-276,898,105$276,898$33,088,530$-$(39,392,829)$(6,027,401)

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

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