Idaho Copper Corp (COPR) Financial Statements (2024 and earlier)
Company Profile
| Business Address |
800 W. MAIN ST, STE 1460 BOISE, ID 83702 |
| State of Incorp. | NV |
| Fiscal Year End | January 31 |
| Industry (SIC) | 10 - Metal Mining (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 4/30/2024 MRQ | 1/31/2024 | 10/31/2023 MRQ | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 30 | 18 | 100 | ||||||
| Cash and cash equivalents | 30 | 18 | 100 | ||||||
| Receivables | 119 | 29 | |||||||
| Inventory, net of allowances, customer advances and progress billings | 500 | ||||||||
| Inventory | 500 | ||||||||
| Prepaid expense | 22 | 24 | 97 | ||||||
| Advances on inventory purchases | 56 | ||||||||
| Other current assets | 1,134 | ||||||||
| Total current assets: | 52 | 42 | 1,134 | 119 | 783 | ||||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | |||||||||
| Property, plant and equipment | 3,377 | ||||||||
| Deposits noncurrent assets | 100 | 100 | |||||||
| Disposal group, including discontinued operation, noncurrent assets | 465 | ||||||||
| Other noncurrent assets | 448 | ||||||||
| Other undisclosed noncurrent assets | (465) | ||||||||
| Total noncurrent assets: | 100 | 100 | 3,825 | ||||||
| TOTAL ASSETS: | 152 | 142 | 1,134 | 119 | 4,608 | ||||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities, including: | 435 | 478 | 119 | 92 | |||||
| Accounts payable | 119 | 92 | |||||||
| Accrued liabilities | 1,116 | 42 | |||||||
| Other undisclosed accounts payable and accrued liabilities | (681) | 435 | |||||||
| Debt | |||||||||
| Deferred compensation liability | 757 | ||||||||
| Other liabilities | 178 | 103 | 51 | 56 | |||||
| Due to related parties | ✕ | ✕ | ✕ | 4 | 694 | 1,481 | |||
| Other undisclosed current liabilities | 729 | 336 | 22 | ||||||
| Total current liabilities: | 1,920 | 814 | 178 | 107 | 864 | 1,650 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 3,759 | 3,679 | |||||||
| Long-term debt, excluding current maturities | 3,759 | 3,679 | |||||||
| Other undisclosed noncurrent liabilities | 533 | 1,499 | |||||||
| Total noncurrent liabilities: | 4,292 | 5,178 | |||||||
| Total liabilities: | 6,212 | 5,992 | 178 | 107 | 864 | 1,650 | |||
| Equity | |||||||||
| Equity, attributable to parent, including: | (6,061) | (5,850) | (178) | (107) | (745) | 2,958 | |||
| Common stock | 215 | 213 | 20 | 20 | 20 | 20 | |||
| Additional paid in capital | 25,336 | 23,568 | 7,233 | 7,229 | 6,469 | 7,362 | |||
| Accumulated other comprehensive income | 486 | ||||||||
| Accumulated deficit | (31,600) | (29,631) | (7,431) | (7,356) | (7,234) | (5,264) | |||
| Stockholders' equity note, subscriptions receivable | (11) | ||||||||
| Other undisclosed equity, attributable to parent | 354 | ||||||||
| Total equity: | (6,061) | (5,850) | (178) | (107) | (745) | 2,958 | |||
| TOTAL LIABILITIES AND EQUITY: | 152 | 142 | 119 | 4,608 | |||||
Income Statement (P&L) ($ in thousands)
| 4/30/2024 TTM | 1/31/2024 | 10/31/2023 TTM | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 609 | |||||||
| Cost of revenue (Cost of Goods and Services Sold) | (296) | |||||||
| Gross profit: | 313 | |||||||
| Operating expenses | (3,005) | (1,261) | (75) | (122) | (223) | (1,479) | ||
| Operating loss: | (3,005) | (1,261) | (75) | (122) | (223) | (1,166) | ||
| Nonoperating expense | (707) | (506) | (0) | (72) | ||||
| Other nonoperating expense | (0) | (2) | ||||||
| Interest and debt expense | (401) | (280) | ||||||
| Loss from continuing operations: | (4,113) | (2,047) | (75) | (122) | (223) | (1,238) | ||
| Loss before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | ✕ | (122) | (983) | (1,238) | |
| Loss from discontinued operations | (761) | |||||||
| Net loss: | (4,113) | (2,047) | (75) | (122) | (983) | (1,238) | ||
| Other undisclosed net income (loss) attributable to parent | 401 | 280 | (1,341) | |||||
| Net loss available to common stockholders, diluted: | (3,712) | (1,767) | (75) | (122) | (2,324) | (1,238) | ||
Comprehensive Income ($ in thousands)
| 4/30/2024 TTM | 1/31/2024 | 10/31/2023 TTM | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | ||
|---|---|---|---|---|---|---|---|---|
| Net loss: | (4,113) | (2,047) | (75) | (122) | (983) | (1,238) | ||
| Comprehensive loss: | (4,113) | (2,047) | (75) | (122) | (983) | (1,238) | ||
| Other undisclosed comprehensive loss, net of tax, attributable to parent | (1,175) | (49) | ||||||
| Comprehensive loss, net of tax, attributable to parent: | (4,113) | (2,047) | (75) | (122) | (2,159) | (1,287) | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.