Idaho Copper Corp
For the period ended Apr 30, 2026. Filed Jun 1, 2026.
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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.
Apr 30, 2026 · Filed Jun 1, 2026
COPR-WT$0.69-1.4%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Statements of Cash Flows (unaudited)
Consolidated Statements of Cash Flows
For the Three Months Ended April 30,
| 2026 · 2025 | ||||
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Net loss | $(1,511,930) | $(682,888) | ||
| Adjustments to reconcile net loss to net cash used in operating activities: | ||||
| Stock-based compensation | 345,000 | 277,500 | ||
| Amortization of debt discount | 36,801 | - | ||
| Change in assets and liabilities: | ||||
| Prepaid expenses | (40,884) | (65,735) | ||
| Other receivable | 35,000 | 3,644 | ||
| Accounts payable and accrued expenses | 225,689 | 46,367 | ||
| Accounts payable and accrued expenses - related party | (35,613) | 66,012 | ||
| Accrued interest | 90,879 | 129,133 | ||
| Net cash used in operating activities | (855,058) | (225,967) | ||
| Cash flows from financing activities: | ||||
| Proceeds from convertible notes payable | 1,255,000 | - | ||
| Proceeds from note payable | - | 25,000 | ||
| Proceeds from notes payable to related party | 100,000 | - | ||
| Repayment of debenture | (250,000) | - | ||
| Proceeds from exercise of warrants | - | 108,000 | ||
| Repayment of notes payable | (110,000) | - | ||
| Net cash provided by financing activities | 995,000 | 133,000 | ||
| Net (decrease) increase in cash | 139,942 | (92,967) | ||
| Cash at beginning of period | 24,274 | 100,678 | ||
| Cash at end of period | $164,216 | $7,711 | ||
| Cash paid for interest | $37,814 | $11,785 | ||
| Cash paid for taxes | $ | - | $ | - |
| Non-cash investing and financing activities: | ||||
| Conversion of notes payable and accrued interest into convertible notes payable | $102,947 | $ | - | |
| Issuance of warrants for convertible notes payable | $780,854 | $ | - | |
| Deferred offering costs | $133,082 | $ | - | |
The accompanying notes are an integral part of these unaudited condensed consolidated financial statements.
and Subsidiaries
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