For the year ending 2025-12-31, LODE made $1,553,796 in revenue. -$43,076,443 in net income. Net profit margin of -2772.34%.
| Income Statement | 2025-12-31 | 2024-12-31 | ||
|---|---|---|---|---|
| Revenue | 1,553,796 | 3,016,163 | ||
| Cost of goods sold | 2,626,962 | 451,938 | ||
| Selling, general and administrative expenses | 20,671,016 | 12,703,056 | ||
| Research and development | 12,319,904 | 19,098,183 | ||
| Depreciation and amortization | 3,842,226 | 2,242,554 | ||
| Goodwill and intangible asset impairment | 9,333 | 8,667,869 | ||
| Impairment of properties, plant and equipment (note 6) | 433,411 | 324,047 | ||
| Gain on sale of mineral rights (note 6) | 200,000 | 804,489 | ||
| Total operating expenses | 37,075,890 | 42,231,220 | ||
| Loss from operations | -38,149,056 | -39,666,995 | ||
| Loss on investments | 0 | -711,920 | ||
| Interest expense | 1,927,800 | 6,331,425 | ||
| Interest income | 831,375 | 302,091 | ||
| Derivative, gain (loss) on derivative, net | 1,443,967 | 1,284,614 | ||
| Loss on conversion of debt | -3,088,167 | -6,114,101 | ||
| Loss on debt extinguishment | -2,767,887 | -817,498 | ||
| Gain on extinguishment of liability | 845,000 | - | ||
| Other nonoperating income (expense) | -354,318 | -1,066,153 | ||
| Total other income (expense), net | -5,017,830 | -13,735,903 | ||
| Net loss | -43,166,886 | -53,402,898 | ||
| Net loss attributable to noncontrolling interest | -90,443 | -81,444 | ||
| Net loss attributable to comstock inc | -43,076,443 | -53,321,454 | ||
| Basic EPS | -1.17 | -3.21 | ||
| Diluted EPS | -1.17 | -3.21 | ||
| Basic Average Shares | 36,707,660 | 16,613,755 | ||
| Diluted Average Shares | 36,707,660 | 16,613,755 | ||
Comstock Inc. (LODE)
Comstock Inc. (LODE)