Idaho Copper Corp
For the period ended Oct 31, 2025. Filed Nov 25, 2025.
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, 2025 · Filed Nov 25, 2025
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 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, 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 options | - | - | 19,521,249 | 19,521 | (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, 2024 | 162 | $ | - | 247,017,097 | $247,017 | $28,284,020 | $ | - | $(33,049,876) | $(4,518,839) |
| 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 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, 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) |
| Balance, January 31, 2025 | 196.67 | $ | - | 261,463,225 | $261,463 | $31,712,525 | $ | - | $(37,142,942) | $(5,168,954) |
| Stock-based compensation | - | - | 1,491,334 | 1,492 | 276,008 | - | - | 277,500 | ||
| Exercise of warrants | - | - | 450,000 | 450 | 107,550 | - | - | 108,000 | ||
| Net loss for the period ended April 30, 2025 | - | - | - | - | - | - | (682,888) | (682,888) | ||
| Balance, April 30, 2025 | 196.67 | $ | - | 263,404,559 | $263,405 | $32,096,083 | $ | - | $(37,825,830) | $(5,466,342) |
| Stock-based compensation | - | - | 2,230,952 | 2,231 | 595,269 | - | - | 597,500 | ||
| Exercise of warrants | - | - | 225,000 | 225 | 53,775 | - | - | 54,000 | ||
| Net loss for the period ended July 31, 2025 | - | - | - | - | - | - | (777,964) | (777,964) | ||
| Balance, July 31, 2025 | 196.67 | $ | - | 265,860,511 | $265,861 | $32,745,127 | $ | - | $(38,603,794) | $(5,592,806) |
| Stock-based compensation | - | - | 561,350 | 561 | 196,939 | - | - | 197,500 | ||
| Conversion of preferred stock into common stock | (197) | - | 9,833,333 | 9,833 | (9,833) | - | - | - | ||
| Issuance of warrants as compensation | - | - | - | - | 60,000 | - | - | 60,000 | ||
| Exercise of warrants | - | - | 642,911 | 643 | 96,297 | - | - | 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.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.