i-80 Gold Corp.
For the period ended Sep 30, 2026. Filed Nov 2, 2026.
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.
Sep 30, 2026 · Filed Nov 2, 2026
IAUX$1.39-6.7%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 Cash Flows (unaudited)
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS
(Stated in thousands of United States Dollars)
| Three months endedSeptember 30, · Nine months endedSeptember 30, | |||||
|---|---|---|---|---|---|
| Note | 2026 | 2025 | 2026 | 2025 | |
| OPERATING ACTIVITIES | |||||
| Net loss | $(48,350) | $(41,867) | $(179,478) | $(113,287) | |
| Adjustments | |||||
| Depreciation, depletion and amortization | 6 | 1,124 | 848 | 3,189 | 2,542 |
| Accretion expense | 1,067 | 976 | 3,200 | 2,930 | |
| Share-based compensation | 4,932 | 2,516 | 9,990 | 5,018 | |
| Non-cash items included in other expense | 11 | 655 | 8,838 | 44,987 | 29,338 |
| Non-cash interest expense | 6,422 | 7,016 | 18,892 | 23,063 | |
| Loss on loan extinguishment | 15 | — | — | 7,110 | 782 |
| Finance fee expense | 13 | — | — | 6,368 | — |
| Reclamation expenditures | — | (95) | — | (202) | |
| Other | 121 | 55 | (2,884) | (76) | |
| Net change in operating assets and liabilities | 11 | 1,488 | 6,467 | (38,580) | 610 |
| Cash used in operating activities | $(32,541) | $(15,246) | $(127,206) | $(49,282) | |
| INVESTING ACTIVITIES | |||||
| Additions to property, plant and equipment | (23,391) | (3,252) | (56,787) | (4,702) | |
| Cash used in investing activities | $(23,391) | $(3,252) | $(56,787) | $(4,702) | |
| FINANCING ACTIVITIES | |||||
| Proceeds from 2026 Convertible Debentures | 7 | — | — | 287,500 | — |
| Proceeds from NSR Royalty | 8 | — | — | 225,000 | — |
| Proceeds from 2026 Gold Prepay | 7 | — | — | 150,000 | — |
| Repayment on 2023 Convertible Debentures | 7 | — | — | (67,600) | — |
| Repayment on Orion Convertible Loan | 7 | — | — | (49,347) | — |
| Repayment on Orion Gold Prepay | 7 | — | (11,918) | (22,398) | (42,907) |
| Net proceeds from New Gold Prepay and Silver Purchase Agreement | — | — | — | 31,045 | |
| Principal repayment on New Gold Prepay and Silver PurchaseAgreement | — | — | — | (31,045) | |
| Principal repayment on Silver Purchase Agreement | — | (37) | — | (11,028) | |
| Proceeds from equity offerings | — | (1,171) | — | 193,924 | |
| Warrant and stock option exercises | 9 | 772 | 1,261 | 16,951 | 1,269 |
| Debt and other liability issuance costs | — | — | (25,248) | (2,053) | |
| Other | (2,544) | (16) | (3,526) | (75) | |
| Cash (used in) provided by financing activities | $(1,772) | $(11,881) | $511,332 | $139,130 | |
| Cash, cash equivalents and restricted cash, beginning of period | 490,287 | 175,003 | 105,263 | 59,290 | |
| Net change in cash, cash equivalents and restricted cash during the period | (57,704) | (30,379) | 327,339 | 85,146 | |
| Effect of exchange rate changes on cash, cash equivalents and restricted cash | (22) | (69) | (41) | 119 | |
| Cash, cash equivalents and restricted cash, end of period | $432,561 | $144,555 | $432,561 | $144,555 | |
| Reconciliation of cash, cash equivalents, and restricted cash: | |||||
| Cash and cash equivalents | $411,355 | $102,867 | $411,355 | $102,867 | |
| Restricted cash and cash equivalents | 21,206 | 41,688 | 21,206 | 41,688 | |
| Total cash, cash equivalents, and restricted cash | $432,561 | $144,555 | $432,561 | $144,555 | |
Supplemental cash flow information (Note 11)
CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY
| Common Shares · Additional Paid-In Capital · Accumulated Deficit | ||||||
|---|---|---|---|---|---|---|
| Note · Shares · Amount · Total Equity | ||||||
| Balance as at December 31, 2025 | 827,230,192 | $799,855 | $30,583 | $(483,665) | $346,773 | |
| Issued from financing activities | 9 | 11,127,290 | 18,531 | — | — | 18,531 |
| Issued on exercise of warrants | 9 | 13,603,447 | 10,295 | (771) | — | 9,524 |
| Share-based compensation and related share issuances | 9 | 1,520,468 | 2,558 | 111 | — | 2,669 |
| Net loss | — | — | — | (78,601) | (78,601) | |
| Balance as at March 31, 2026 | 853,481,397 | $831,239 | $29,923 | $(562,266) | $298,896 | |
| Issued from financing activities | 9 | 3,453,237 | 4,796 | — | — | 4,796 |
| Issued on exercise of warrants | 9 | 8,500,000 | 6,432 | (482) | — | 5,950 |
| Share-based compensation and related share issuances | 9 | 467,049 | 740 | 192 | — | 932 |
| Net loss | — | — | — | (52,527) | (52,527) | |
| Balance as at June 30, 2026 | 865,901,683 | $843,207 | $29,633 | $(614,793) | $258,047 | |
| Issued from financing activities | 9 | — | (15) | — | — | (15) |
| Issued on exercise of warrants | 9 | 1,076,100 | 815 | (61) | — | 754 |
| Share-based compensation and related share issuances | 9 | 549,937 | 954 | 1,622 | — | 2,576 |
| Reclassification of RSU liability | 9 | — | — | 11,579 | — | 11,579 |
| Net loss | — | — | — | (48,350) | (48,350) | |
| Balance as at September 30, 2026 | 867,527,720 | $844,961 | $42,773 | $(663,143) | $224,591 | |
| Balance as at December 31, 2024 | 409,786,957 | $606,505 | $18,977 | $(284,818) | $340,664 | |
| Issued from financing activities | 9 | 33,551,854 | 18,441 | — | — | 18,441 |
| Share-based compensation and related share issuances | 9 | 20,000 | 52 | 6 | — | 58 |
| Net loss | — | — | — | (41,205) | (41,205) | |
| Balance as at March 31, 2025 | 443,358,811 | $624,998 | $18,983 | $(326,023) | $317,958 | |
| Issued from financing activities | 9 | 371,000,000 | 164,948 | 10,517 | — | 175,465 |
| Share-based compensation and related share issuances | 9 | 338,480 | 237 | 95 | — | 332 |
| Net loss | — | — | — | (30,215) | (30,215) | |
| Balance as at June 30, 2025 | 814,697,291 | $790,183 | $29,595 | $(356,238) | $463,540 | |
| Issued from financing activities | 9 | — | (218) | — | — | (218) |
| Issued on exercise of warrants | 9 | 1,801,000 | 1,363 | (102) | — | 1,261 |
| Share-based compensation and related share issuances | 9 | 76,181 | 60 | 223 | — | 283 |
| Net loss | — | — | — | (41,867) | (41,867) | |
| Balance as at September 30, 2025 | 816,574,472 | $791,388 | $29,716 | $(398,105) | $422,999 | |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.