For the year ending 2025-12-31, LODE had $15,997,374 increase in cash & cash equivalents over the period.
| Cash Flow | 2025-12-31 |
|---|---|
| Revenues | 1,553,796 |
| Mining Segment | 0 |
| Strategic Investments Segment | 0 |
| Corporate And Other | 0 |
| All Segments Except Bioleum | 2,626,962 |
| Bioleum Segment | 0 |
| Cost of goods sold | 2,626,962 |
| Cost of goods sold | 2,626,962 |
| Selling and marketing | 1,053,429 |
| General and administrative | 19,617,587 |
| Research and development | 12,319,904 |
| Depreciation and amortization | 3,842,226 |
| Metals Segment | 0 |
| Mining Segment | 0 |
| Strategic Investments Segment | 0 |
| Corporate And Other | 9,333 |
| All Segments Except Bioleum | 9,333 |
| Bioleum Segment | 0 |
| Impairment of intangible assets | 9,333 |
| Impairment of properties, plant and equipment | 433,411 |
| Metals Segment | 0 |
| Mining Segment | 200,000 |
| Strategic Investments Segment | 0 |
| Corporate And Other | 0 |
| All Segments Except Bioleum | 200,000 |
| Bioleum Segment | 0 |
| (gain) on sale of mineral rights | 200,000 |
| Loss from operations | -38,149,056 |
| Metals Segment | 1,397 |
| Mining Segment | -1,905,951 |
| Strategic Investments Segment | 25,170 |
| Corporate And Other | -3,699,692 |
| All Segments Except Bioleum | -5,579,076 |
| Bioleum Segment | 561,246 |
| Total other income (expense), net | -5,017,830 |
| Net loss | -43,166,886 |
| Depreciation and amortization | 3,790,985 |
| Amortization of finance leases | 51,241 |
| Amortization of debt discount and other debt-related items | 542,470 |
| Amortization of discount associated with finance leases and other | 493,693 |
| Accretion of reclamation liability | 454,797 |
| Goodwill and intangible asset impairment | 9,333 |
| Impairment of properties, plant and equipment (note 6) | 433,411 |
| Gain on sale of mineral rights (note 6) | 200,000 |
| Loss on investments (note 4) | 0 |
| Research and development expense paid with common stock (note 10) | 1,487,476 |
| Research and development expense recognized on renfuel ip and genmat transactions (notes 4 and 5) | 3,052,869 |
| Loss on conversion of debt | -3,088,167 |
| Loss on extinguishment of debt | -2,767,887 |
| Gain on extinguishment of liability | 845,000 |
| Change in fair value of derivative instruments | 1,443,967 |
| Share of net loss of equity-method investments | -30,562 |
| Interest expense paid with common stock | 401,523 |
| (gain) loss on expiration of linico and ssof deposits | -375,000 |
| Other | -134,652 |
| Accounts receivable | -1,548,831 |
| Prepaid expenses and other current assets | 56,366 |
| Deposits - assets | 394,697 |
| Other assets | -732,722 |
| Flux photon payable | -523,352 |
| Accrued expenses and other liabilities | -42,972 |
| Deferred revenue - metal recycling-Metals Recycling | 1,947,912 |
| Deferred revenue - metal recycling-Income Grant | 1,000,000 |
| Flux photon payable-Flux Photon | -1,000,000 |
| Other liabilities | 942,676 |
| Net cash used in operating activities | -24,387,033 |
| Deposits paid on equipment-Comstock Metals | 7,571,679 |
| Purchase of mineral rights and property, plant and equipment | 2,337,552 |
| Proceeds from sale of mineral rights (note 6) | 1,950,000 |
| Cash paid for acquisition of hexas, net-Hexas | 416,471 |
| Investment in hexas safe note-Hexas Safe | 1,135,000 |
| Investment in hexas safe note-Renfuel Note Receivable | 1,000,000 |
| Acquisition of intangible asset | 300,000 |
| Advances to ssof-Sierra Springs Opportunity Fund Inc SSOF | 9,400,000 |
| Investment in ssof-Sierra Springs Opportunity Fund Inc SSOF | 650,000 |
| Payments on contractual commitments associated with derivatives | 445,000 |
| Advances to ssof-Genmat | 0 |
| Funding of reclamation bond | 600,000 |
| Other | 70,122 |
| Net cash used in investing activities | -21,975,824 |
| Proceeds from the issuance of common stock | 38,221,514 |
| Principal payments of debt | 2,600,000 |
| Issuances of debt | 10,000,000 |
| Debt issuance costs | 0 |
| Issuance of equity in subsidiary - bioleum corporation | 20,000,000 |
| Common stock issuance costs | 3,237,633 |
| Principal payments on financing leases | 23,650 |
| Net cash provided by financing activities | 62,360,231 |
| Net increase (decrease) in cash and cash equivalents | 15,997,374 |
| Cash and cash equivalents at beginning of year | 954,271 |
| Cash and cash equivalents at end of year | 16,951,645 |
Comstock Inc. (LODE)
Comstock Inc. (LODE)