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i-80 Gold Corp.

For the period ended Jun 30, 2025. Filed Aug 13, 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.

Jun 30, 2025 · Filed Aug 13, 2025

IAUX$1.42+4.4%Stored close · as of Nov 6, 2026
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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

Form 10-Q

☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the Quarterly Period Ended June 30, 2025

OR

☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the Transition Period from ____ to ____

Commission File Number:001-41382

(Exact Name of Registrant as Specified in Its Charter)

British ColumbiaN/A
(State or Other Jurisdiction ofIncorporation or Organization) · (I.R.S. EmployerIdentification No.)
5190 Neil Road, Suite 460Reno, Nevada, USA89502
(Address of Principal Executive Offices)(Zip Code)
(775) 525-6450(Registrant’s Telephone Number, Including Area Code)Securities registered pursuant to Section 12(b) of the Act:
Title of each classTrading Symbol(s)Name of each exchange on which registered
Common SharesIAUXNYSE American LLC
Warrants to Purchase Common SharesIAUX WSNYSE American LLC
Common SharesIAUThe Toronto Stock Exchange
Warrants to Purchase Common sharesIAU.WT.UThe Toronto Stock Exchange

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes ☒ No ☐

Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (§ 232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files). Yes ☒ No ☐

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, smaller reporting company, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and “emerging growth company” in Rule 12b-2 of the Exchange Act.

Large accelerated filer ☐Accelerated filer ☐Non-accelerated filer ☒
Smaller reporting company ☒Emerging growth company ☒

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.☐

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes☐ No ☒

Asof August 12, 2025 the registrant had 816,047,291 common shares, no par value, outstanding.

PART I - FINANCIAL INFORMATIONPAGE
Forward-Looking Statements
Item 1.Financial Statements and Supplementary Data5
Condensed Consolidated Balance Sheets (unaudited)5
Condensed Consolidated Statements of Operations (unaudited)6
Condensed Consolidated Statements of Cash Flows (unaudited)7
Condensed Consolidated Statements of Changes in Equity (unaudited)8
Notes to Condensed Consolidated Financial Statements (unaudited)9
Item 2.Management's Discussion of Analysis of Financial Condition and Results of Operations22
Overview22
Discussion of Operational Results26
Discussion of Financial Results30
Liquidity and Capital Resources33
Non-GAAP Financial Performance Measures38
Item 3.Quantitative and Qualitative Disclosure about Market Risk40
Item 4.Controls and Procedures40
PART II - OTHER INFORMATION
Item 1.Legal Proceedings41
Item 1A.Risk Factors41
Item 2.Unregistered Sales Of Equity Securities And Use Of Proceeds41
Item 3.Defaults Upon Senior Securities41
Item 4.Mine Safety Disclosures41
Item 5.Other Information42
Item 6.Exhibits43
Signatures44
ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.