COPR · Idaho Copper Corp
$3.51
+0.13 (+3.85%)
At close · Aug 31
Going-concern doubt
— flagged Aug 31, 2026
Substantial doubt about the company's ability to continue as a going concern.
“Several conditions and events cast substantial doubt about the Company's ability to continue as a going concern. The Company has incurred cumulative net losses of $43,936,530 from its inception to July 31, 2026. On July 31, 2026, we had $12,121,420 in cash. Our working capital surplus was $10,179,539 on July 31, 2026. We currently do not generate revenues and expect to continue to incur operating losses for the foreseeable future. As a result, there is substantial doubt about our ability to continue as a going concern as we need approximately $20,000,000 over the next twelve months to maintain our operations schedule. The Company's ability to raise additional capital through debt or future issuances of capital stock is unknown. The obtainment of additional financing, the successful development of the Company's contemplated plan of operations, and its transition, ultimately, to the attainment of profitable operations are necessary for the Company to continue operations. The ability to successfully resolve these factors raises substantial doubt about the Company's ability to continue as a going concern.”View the 10-Q filed Aug 31, 2026
Market Cap
$47.53M
Shares
14.06M
Named-executive compensation from the company's DEF 14A proxy statements — salary, bonus, stock and option awards, non-equity incentive, and the company-reported total per executive per fiscal year, exactly as disclosed in the Summary Compensation Table.
No Compensation Data
No Summary Compensation Table has been imported from this company's proxy statements yet.
Executive changes
| Person | Role | Change | Filed |
|---|---|---|---|
| Corey Redfield | independent director | Appointed | 2026-08-11 |
| John Moeller | independent director | Appointed | 2026-08-11 |
| David Herskovits | independent director | Appointed | 2026-08-11 |
| Gil Atzmon | independent director | Appointed | 2026-08-11 |
| Steven Z. Rudofsky | Director | Appointed | 2026-08-11 |
| Corey B. Redfield | Director | Appointed | 2026-08-11 |
| Dr. John Moeller | Director | Appointed | 2026-08-11 |
| Corey Redfield | member of the Board of Directors | Appointed | 2026-08-11 |
| Dr. John Moeller | member of the Board of Directors | Appointed | 2026-08-11 |
| David Herksovits | member of the Board of Directors | Appointed | 2026-08-11 |
| Gil Atzmon | member of the Board of Directors | Appointed | 2026-08-11 |
| Robert Scannell | Executive Chairman | Appointed | 2026-08-05 |
| Robert Scannell | Chief Financial Officer | Resigned | 2026-08-05 |
| Andrew Brodkey | Chief Executive Officer and President | Appointed | 2024-07-18 |
| Steven Rudofsky | Chief Executive Officer and President | Resigned | 2024-07-18 |
| John Moeller | member of the board of directors | Resigned | 2024-04-02 |
| Steven Rudofsky | member of the Board | Appointed | 2023-08-24 |
| Shaun Dykes | director | Resigned | 2023-03-28 |
| Shaun Dykes | Vice President - Exploration | Resigned | 2023-03-28 |
| Ramon Lata | director | Resigned | 2023-01-27 |
| Jinghe Zhang | principal executive officer | Resigned | 2023-01-27 |
| Trevor Burns | director | Resigned | 2023-01-27 |
| Jun Pang | independent director | Resigned | 2023-01-27 |
| Haibo Fan | independent director | Resigned | 2023-01-27 |
| Ramon Lata | Director | Appointed | 2023-01-27 |