Comstock Inc. (LODE) Financial Statements (2026 and earlier)

Company Profile

Business Address 117 AMERICAN FLAT ROAD
VIRGINIA CITY,, NV 89440
State of Incorp. NV
Fiscal Year End December 31
Industry (SIC) 286 - Industrial Organic Chemicals (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in thousands)

12/31/2025
12/31/2024
12/31/2023
12/31/2022
12/31/2021
12/31/2020
12/31/2019
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments95422,6992,5226,8386,4121,016
Cash and cash equivalent9543,7862,5225,9122,4321,016
Short-term investments  18,913 9263,980 
Receivables2,420 5,0125,4527,149 
Prepaid expense    416368310
Derivative instruments and hedges, assets1,530  342265 
Asset, held-for-sale, not part of disposal group 7,059 21,685 6,32810,512
Deposits current assets  148103471310
Other current assets      
Other undisclosed current assets 5954717394333001,501
Total current assets:12,55823,18330,76813,82920,83513,350
Noncurrent Assets
Finance lease, right-of-use asset, after accumulated amortization3,0882,9242,91115,033  
Operating lease, right-of-use asset4,65123842 5145
Property, plant, and equipment, after accumulated depreciation, depletion, and amortization8,60515,20413,47414,5649,4317,935
Long-term investments and receivables41,31631,26114,89125,5169,659335
Due from related parties959 8,009 
Long-term investments38,88631,26113,93225,5161,650335
Accounts and financing receivable, after allowance for credit loss2,430     
Intangible asset, including goodwill, after accumulated amortization, including:5,85915,86617,66435,964  
Goodwill   12,789  
Intangible asset, excluding goodwill, after accumulated amortization5,85915,86617,66423,175  
Other undisclosed intangible asset, including goodwill, after accumulated amortization      
Deposits noncurrent assets4112,8512,7282,6962,6962,689
Business combination, contingent consideration, asset  9809598,854  
Other noncurrent assets311484194276179375
Other undisclosed noncurrent assets14,51013,47616,42310,22427214,841
Total noncurrent assets:78,75283,28369,286113,12622,28926,220
TOTAL ASSETS:91,310106,466100,054126,95543,12439,570
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities4,2763,6962,4341,5738491,352
Interest and dividends payable  264
Employee-related liabilities  166
Accounts payable2,8531,334714633314923
Accrued liabilities1,4232,3621,720939535 
Deferred revenue152 423420419 
Debt 5885,3342,20513,0433,558328
Deferred compensation liability      
Derivative instruments and hedges, liabilities  5,40014,5468,873  
Liabilities of business transferred under contractual arrangement      318
Due to related parties   181
Other undisclosed current liabilities3,09641012,022  2,264
Total current liabilities:8,11114,84131,62923,9104,8264,444
Noncurrent Liabilities
Long-term debt and lease obligation, including: 8,3905,3556,5284,486505,084
Long-term debt, excluding current maturities 8,3905,3556,1214,486 5,084
Finance lease, liability   407   
Other undisclosed long-term debt and lease obligation      (37)
Liabilities, other than long-term debt15,0397,9935,5335,5885226,549
Deferred revenue 1,156    
Asset retirement obligations6,0335,6075,2275,446586,034
Other liabilities4,1791,230307143464515
Operating lease, liability4,827   5037
Other undisclosed noncurrent liabilities    5,947 
Total noncurrent liabilities:23,42913,34812,06210,0756,51911,633
Total liabilities:31,54128,18943,69033,98411,34416,077
Equity
Equity, attributable to parent59,76978,27753,59989,57131,77923,223
Common stock1577861472318
Treasury stock, value  (3,361)(3,361)(3,870)  
Additional paid in capital395,264363,889348,391338,936252,715259,095
Accumulated deficit(335,651)(282,330)(291,491)(245,543)(220,959)(235,890)
Equity, attributable to noncontrolling interest  2,7653,400 270
Total equity:59,76978,27756,36392,97131,77923,493
TOTAL LIABILITIES AND EQUITY:91,310106,466100,054126,95543,12439,570

Income Statement (P&L) ($ in thousands)

12/31/2025
12/31/2024
12/31/2023
12/31/2022
12/31/2021
12/31/2020
12/31/2019
Revenues3,0161,274178862202180
Operating lease, lease income  368169228  
Net investment income (1,765)     
Cost of revenue(452)(436)(2,273)(1,034)(2,238)(2,289)
Cost of product and service sold(452)  (272)  
Other undisclosed gross profit   2,273762  
Gross profit:2,564839178590(2,036)(2,109)
Operating expenses(42,231)(13,443)(17,266)(5,962)(3,438)(3,235)
Other undisclosed operating loss   (2,273)(1,034)  
Operating loss:(39,667)(12,604)(19,361)(6,406)(5,474)(5,344)
Nonoperating income (expense)(13,736)23,131(27,377)(23,926)20,4061,539
Investment income, nonoperating(410)2523881,018  
Other nonoperating income (expense)(1,066)(1,600)(3,061)(2,979)2,5522,418
Interest and debt expense(817)130(1,651)(169)(422)(252)
Other undisclosed income from continuing operations before equity method investments, income taxes     422252
Income (loss) from continuing operations before equity method investments, income taxes:(54,220)10,656(48,390)(30,501)14,932(3,806)
Loss from equity method investments (1,716)  (2) 
Other undisclosed income from continuing operations before income taxes   1,651169  
Income (loss) from continuing operations before income taxes:(54,220)8,940(46,738)(30,332)14,930(3,806)
Income tax benefit    5,748  
Income (loss) from continuing operations:(54,220)8,940(46,738)(24,584)14,930(3,806)
Income (loss) before gain (loss) on sale of properties:(24,584)14,930(3,806)
Other undisclosed net income8171,586  2 
Net income (loss):(53,403)10,526(46,738)(24,584)14,932(3,806)
Net income (loss) attributable to noncontrolling interest81(1,364)790  1
Other undisclosed net income (loss) attributable to parent  1,364(790)   
Net income (loss) attributable to parent:(53,321)10,526(46,738)(24,584)14,932(3,805)
Other undisclosed net income (loss) available to common stockholders, basic  (1,364)790   
Net income (loss) available to common stockholders, diluted:(53,321)9,162(45,949)(24,584)14,932(3,805)

Comprehensive Income ($ in thousands)

12/31/2025
12/31/2024
12/31/2023
12/31/2022
12/31/2021
12/31/2020
12/31/2019
Net income (loss):(53,403)10,526(46,738)(24,584)14,932(3,806)
Comprehensive income (loss):(53,403)10,526(46,738)(24,584)14,932(3,806)
Comprehensive income (loss), net of tax, attributable to noncontrolling interest81(1,364)790  1
Comprehensive income (loss), net of tax, attributable to parent:(53,321)9,162(45,949)(24,584)14,932(3,805)

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.

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