---
schema_version: "secwatch.filing_event.v1"
accession: "0001120970-24-000018"
form_type: "8-K"
ticker: "LODE"
cik: "0001120970"
company_name: "Comstock Inc."
filed_at: "2024-02-28T23:59:59+00:00"
generated_at: "2026-06-05T08:02:24.577038+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Comstock reports FY2023 net income $9.2M vs loss $45.9M; $25M investment gains

## Summary
- Net income attributable to Comstock $9.2M, diluted EPS $0.09 versus net loss $45.9M ($0.62 loss) in FY2022.
- Recorded $25M net gains on investments: $14.6M from Green Li-ion, $11.7M from Sierra Springs Opportunity Fund.
- Sold battery recycling facility for $28.9M ($7.3M gain); sold 4% of Green Li-ion equity for $0.8M ($0.6M gain).
- Cash $3.8M (up from $2.5M); total assets $106.5M; liabilities $28.2M (down from $43.7M); debt $9.9M.
- Outlook: plans to sell up to $60M in assets in 2024, including Silver Springs land for >$40M and remaining Green Li-ion for $19M.

## SEC filing metadata
- accession: 0001120970-24-000018
- form_type: 8-K
- ticker: LODE
- cik: 0001120970
- company_name: Comstock Inc.
- filed_at: 2024-02-28T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1120970/000112097024000018/0001120970-24-000018-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1120970/000112097024000018/lode-20240228.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001120970-24-000018
- JSON: https://secwatch.observer/filing/0001120970-24-000018.json
- Plain text: https://secwatch.observer/filing/0001120970-24-000018.txt

## Key facts
- Earnings Releases
  Comstock Inc. reported full year 2023 results: net income over $10.5 million.
  - Period: full year 2023
  - Net income: over $10.5 million
  - Result: reported results
  source text: Recorded Investment Gains of Over $25 million and Full Year Net Income of Over $10.5 million
  evidence_url: https://www.sec.gov/Archives/edgar/data/1120970/000112097024000018/0001120970-24-000018-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.