{"schema_version":"secwatch.filing_event.v1","accession":"0001120970-24-000048","form_type":"8-K","ticker":"LODE","cik":"0001120970","company_name":"Comstock Inc.","filed_at":"2024-04-30T23:59:59+00:00","discovered_at":"2026-05-14T18:03:17.353665+00:00","generated_at":"2026-06-03T04:03:08.185664+00:00","sec_items":["1.01","9.01"],"event_type":"other_material","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Comstock restructures GenMat investment; new terms: $25M at $200M valuation, 40% stake","bullets":["Comstock's prior $15M investment now represents ~32% of GenMat equity under new MOU.","Comstock commits up to $25M over 4 years at $200M post-money valuation, increasing stake to 40%.","Overall commitment reduced from $50M to $40M; third-party financing of $10M+ relieves further funding.","GenMat achieved >98% AI accuracy for materials discovery; GENMAT-1 satellite launched; early adopter sales.","Comstock gets exclusive license in biofuels and non-exclusive in mining under new general license agreement."],"urls":{"canonical":"https://secwatch.observer/filing/0001120970-24-000048","json":"https://secwatch.observer/filing/0001120970-24-000048.json","markdown":"https://secwatch.observer/filing/0001120970-24-000048.md","text":"https://secwatch.observer/filing/0001120970-24-000048.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1120970/000112097024000048/0001120970-24-000048-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1120970/000112097024000048/lode-20240425.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-03T04:03:08.185664+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"dc4f1be7a531fde25c795f1299892ceebcd3b470","claim":"Comstock Inc. entered into Non-Binding Memorandum of Understanding with Quantum Generative Materials LLC (Genmat) (effective 2024-04-25).","evidence_excerpt":"On April 25, 2024, Comstock Inc. (the “Company”) entered into a non-binding memorandum of understanding (the “MOU”) with Genmat to effectively amend, restate, terminate and/or supersede agreements with Quantum Generative Materials LLC (“Genmat”) dated June 24, 2021.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1120970/000112097024000048/0001120970-24-000048-index.htm","confidence":0.4,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Counterparty","value":"Quantum Generative Materials LLC (Genmat)"},{"label":"Effective","value":"2024-04-25"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}