Comstock Mining, Inc. (LODE) financial statements (2023 and earlier)

Company profile

Business Address 117 AMERICAN FLAT ROAD
VIRGINIA CITY,, NV 89440
State of Incorp. NV
Fiscal Year End December 31
SIC 104 - Gold And Silver Ores (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in thousands)
Annual | Quarterly

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments6,8386,4121,0164892,0671841,663
Cash and cash equivalents5,9122,4321,0164892,0671841,663
Short-term investments9263,980     
Receivables5,4527,149    25
Inventory, net of allowances, customer advances and progress billings      451
Inventory      451
Prepaid expense416368310829301321788
Derivative instruments and hedges, assets342265     
Assets held-for-sale, not part of disposal group 6,32810,5125,3635,3635,894 
Deposits current assets34713101,800 1,2091,169
Other undisclosed current assets4333001,50183 3561,553
Total current assets:13,82920,83513,3508,5647,7327,9645,649
Noncurrent Assets
Finance lease, right-of-use asset15,033  ✕✕✕✕
Operating lease, right-of-use asset 5145✕✕✕✕
Property, plant and equipment14,5649,4317,9359,74212,78215,14926,597
Long-term investments and receivables25,5169,659335    
Long-term investments25,5161,650335    
Due from related parties 8,009     
Intangible assets, net (including goodwill)35,964      
Goodwill12,789      
Intangible assets, net (excluding goodwill)23,175      
Deposits noncurrent assets2,6962,6962,6892,6232,6232,6232,643
Business combination, contingent consideration, asset8,854      
Other noncurrent assets27617937527434028512
Other undisclosed noncurrent assets10,22427214,8417,4087,4887,8228,312
Total noncurrent assets:113,12622,28926,22020,04723,23225,87937,564
TOTAL ASSETS:126,95543,12439,57028,61230,96433,84343,213
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities1,5738491,3521,3703218053,604
Accounts payable6333149234053218051,964
Accrued liabilities939535 342  1,640
Employee-related liabilities  166141   
Interest and dividends payable  264482   
Deferred revenue420419 ✕✕✕✕
Debt13,0433,5583283102924848,538
Derivative instruments and hedges, liabilities8,873      
Due to related parties  181181181481 
Liabilities of business transferred under contractual arrangement  318    
Other undisclosed current liabilities  2,264529316655 
Total current liabilities:23,9104,8264,4442,3901,1092,42412,142
Noncurrent Liabilities
Long-term debt and lease obligation, including:4,486505,0848,8589,9718,9874,759
Long-term debt, excluding current maturities4,486 5,0848,8589,971  
Capital lease obligations✕✕✕   1,021
Operating lease, liability 5037✕✕✕✕
Other undisclosed long-term debt and lease obligation  (37)  8,9873,739
Liabilities, other than long-term debt5,5885226,5497,9798,0188,0167,552
Asset retirement obligations5,446586,0347,4417,4187,3536,828
Other liabilities143464515538600662724
Other undisclosed noncurrent liabilities 5,947     
Total noncurrent liabilities:10,0756,51911,63316,83717,98917,00212,311
Total liabilities:33,98411,34416,07719,22719,09919,42624,453
Stockholders' equity
Stockholders' equity attributable to parent89,57131,77923,2239,38511,86514,41718,759
Common stock4723185031123107
Treasury stock, value(3,870)      
Additional paid in capital338,936252,715259,095241,420234,438226,321217,717
Accumulated deficit(245,543)(220,959)(235,890)(232,085)(222,604)(212,028)(199,064)
Stockholders' equity attributable to noncontrolling interest3,400 270    
Total stockholders' equity:92,97131,77923,4939,38511,86514,41718,759
TOTAL LIABILITIES AND EQUITY:126,95543,12439,57028,61230,96433,84343,213

Income statement (P&L) ($ in thousands)
Annual | Quarterly

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Revenues8622021801501045,07018,493
Revenue, net✕✕✕✕1045,07018,493
Operating lease, lease income228  ✕✕✕✕
Cost of revenue(1,034)(2,238)(2,289)(3,799)(5,510)(9,797)(20,838)
Cost of goods and services sold(272)  1,250(4,596)(9,250)(17,954)
Other undisclosed gross profit762      
Gross profit:590(2,036)(2,109)(3,649)(5,406)(4,727)(2,346)
Operating expenses(5,962)(3,438)(3,235)(3,751)(3,472)(5,487)(10,080)
Other undisclosed operating loss(1,034)      
Operating loss:(6,406)(5,474)(5,344)(7,400)(8,878)(10,213)(12,426)
Nonoperating income (expense)(23,926)20,4061,539(2,080)(1,698)(2,751)1,971
Investment income, nonoperating1,018     3,188
Other nonoperating income (expense)(2,979)2,5522,418(670)12(1,998) 
Interest and debt expense(169)(422)(252)(194)(295)(150)(1,217)
Other undisclosed income from continuing operations before equity method investments, income taxes 4222521942951501,217
Income (loss) from continuing operations before equity method investments, income taxes:(30,501)14,932(3,806)(9,481)(10,576)(12,965)(10,454)
Loss from equity method investments (2)     
Other undisclosed income from continuing operations before income taxes169      
Income (loss) from continuing operations before income taxes:(30,332)14,930(3,806)(9,481)(10,576)(12,965)(10,454)
Income tax benefit5,748      
Income (loss) before gain (loss) on sale of properties:(24,584)14,930(3,806)(9,481)(10,576)(12,965)(10,454)
Other undisclosed net income 2     
Net income (loss):(24,584)14,932(3,806)(9,481)(10,576)(12,965)(10,454)
Net income attributable to noncontrolling interest  1    
Net income (loss) attributable to parent:(24,584)14,932(3,805)(9,481)(10,576)(12,965)(10,454)
Preferred stock dividends and other adjustments      (5,452)
Net income (loss) available to common stockholders, diluted:(24,584)14,932(3,805)(9,481)(10,576)(12,965)(15,907)

Comprehensive Income ($ in thousands)
Annual | Quarterly

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Net income (loss):(24,584)14,932(3,806)(9,481)(10,576)(12,965)(10,454)
Comprehensive income (loss):(24,584)14,932(3,806)(9,481)(10,576)(12,965)(10,454)
Comprehensive income, net of tax, attributable to noncontrolling interest  1    
Comprehensive income (loss), net of tax, attributable to parent:(24,584)14,932(3,805)(9,481)(10,576)(12,965)(10,454)

Statements sources

The financial statements are based on the company's filings with the 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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