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Comstock Inc. LODE Mining — Tangible Asset Impairment Charges

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Other financials

Income statement

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Revenue$272.8K-19.7%
Gross profit-$896.1K-88.9%
Operating income-$26.9M-251%
Net income-$25.5M-225%
EPS (diluted)-$3.01-450%

Balance sheet

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Cash & equivalents$31.4M+69.0%
Total debt$19.4M+4.0%
Total equity$137.3M+55.1%
Total assets$193.5M+30.6%

Cash flow

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Operating cash flow-$10.1M-110%
CapEx--100%
Free cash flow-$3.5M+2.7%

Valuation

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Market cap$236.09M+111%
Enterprise value$224.09M+100%
P/S232.7×+199×

Profitability

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Gross margin-165.6%-200pp
Operating margin-5,846.1%-8,341pp
Net margin-6,012.3%-9,757pp
FCF margin-462.3%-171pp

Returns & leverage

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Return on equity-54%-8.7pp
Debt / equity0.1×-0.1×
Current ratio3.2×+1.7×

Where this comes from

Reported directly by Comstock Inc. in its filing.

Tagged under the XBRL concept us-gaap:TangibleAssetImpairmentCharges.

The official record: Comstock Inc.’s 10-Q, filed July 23, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Comstock Inc.'s mining — tangible asset impairment charges?
Comstock Inc. (LODE) reported mining — tangible asset impairment charges of $0 in Q2 2026.
What does mining — tangible asset impairment charges mean?
The expense recorded when the book value of the mining segment's physical assets, such as equipment or facilities, is deemed to be higher than their recoverable amount. This indicates potential operational challenges or a decline in the utility of the segment's physical infrastructure.