Idaho Copper Corp
For the period ended Jul 31, 2026. Filed Aug 31, 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.
Jul 31, 2026 · Filed Aug 31, 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 Six Months Ended July 31,
| 2026 · 2025 | ||||
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Net loss | $(3,718,624) | $(1,460,852) | ||
| Adjustments to reconcile net loss to net cash used in operating activities: | ||||
| Stock-based compensation | 663,026 | 875,000 | ||
| Amortization of ROU asset | 649 | - | ||
| Amortization of debt discount | 807,645 | - | ||
| Change in assets and liabilities: | ||||
| Prepaid expenses | (294,762) | (66,432) | ||
| Other receivable | 35,000 | 3,644 | ||
| Accounts payable and accrued expenses | (195,166) | 122,673 | ||
| Accounts payable and accrued expenses - related party | (186,613) | 30,000 | ||
| Accrued interest | (392,175) | 169,844 | ||
| Net cash used in operating activities | (3,281,020) | (326,123) | ||
| Cash flows used in investing activities: | ||||
| Purchase of mining asset | (500,000) | - | ||
| Net cash used in investing activities | (500,000) | - | ||
| Cash flows provided by financing activities: | ||||
| Proceeds from sale of common stock | 16,548,166 | - | ||
| Proceeds from exercise of warrants | - | 162,000 | ||
| Proceeds from convertible notes payable | 1,440,000 | - | ||
| Proceeds from note payable | - | 65,000 | ||
| Proceeds from notes payable to related party | 100,000 | - | ||
| Repayment of debenture | (1,791,000) | - | ||
| Repayment of notes payable | (185,000) | - | ||
| Repayment of notes payable to related parties | (234,000) | - | ||
| Net cash provided by financing activities | 15,878,166 | 227,000 | ||
| Net increase (decrease) in cash | 12,097,146 | (99,123) | ||
| Cash at beginning of period | 24,274 | 100,678 | ||
| Cash at end of period | $12,121,420 | $1,555 | ||
| Cash paid for interest | $429,058 | $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 | $ | - | |
| Conversion of notes payable and accrued interest into common stock | $119,849 | $ | - | |
| Issuance of warrants for convertible notes payable | $780,854 | $ | - | |
| Issuance of common stock for mining asset | $1,500,000 | $ | - | |
| Right of use asset | $21,704 | $ | - | |
The accompanying notes are an integral part of these unaudited condensed consolidated financial statements.
and Subsidiary
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