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Comstock Inc. LODE Short-Term Investments

Discontinued — last reported Q1 '24

Short-Term Investments at other companies

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$0-100%

Segments

By segment

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Bioleum$1.08M
Corporate And Other$0

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$246.98M+150%
Enterprise value$234.98M+137%
P/S243.4×+213×

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:ShortTermInvestments.

The source filing: Comstock Inc.’s 10-Q, filed April 29, 2024.

Filed
Apr 29, 2024
Fiscal quarter
Q1 FY2024
Calendar quarter
Q1 2024
Accession
0001120970-24-000044
Line itemMarch 31, 2024December 31, 2023
ASSETS
Current Assets:
Cash and cash equivalents$466,976$3,785,577
Investments18,912,98518,912,985
Notes receivable and advances, net - current portion250,000
Derivative assets240,478
Assets held for sale - mineral rights and properties1,321,297
Prepaid expenses and other current assets907,422484,577

Item 1. Financial Statements

FAQ

What is Comstock Inc.'s short-term investments?
Comstock Inc. (LODE) reported short-term investments of $18.91M in Q1 2024.
What does short-term investments mean?
Marketable securities and other investments with maturities between three months and one year, providing yield above cash while maintaining liquidity.

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