---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-25-032430"
form_type: "8-K"
ticker: "LODE"
cik: "0001120970"
company_name: "Comstock Inc."
filed_at: "2025-10-30T23:59:59+00:00"
generated_at: "2026-05-17T01:14:21.285430+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Comstock raises $34.5M, eliminates debt, orders $5.1M equipment for solar recycling facility

## Summary
- Net cash $31.7M; current assets $35.1M vs current liabilities $13.8M; all debt extinguished.
- Metals billings $2.9M in 9M 2025 vs $65K; expects >$3.5M billable revenue in 2025 (8x YoY).
- First industry-scale solar recycling facility in Silver Springs, NV: permits imminent, commissioning Q1 2026, capacity 100K tons/yr.
- Bioleum raised $33M from strategic investors ($13M Marathon Petroleum, $20M Series A); Comstock holds $65M convertible preferred.
- Common shares 51.3M as of Sep 30, 2025; oversubscribed equity raise added 30+ institutional investors.

## SEC filing metadata
- accession: 0001437749-25-032430
- form_type: 8-K
- ticker: LODE
- cik: 0001120970
- company_name: Comstock Inc.
- filed_at: 2025-10-30T23:59:59+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/1120970/000143774925032430/0001437749-25-032430-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1120970/000143774925032430/lode20251025_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-25-032430
- JSON: https://secwatch.observer/filing/0001437749-25-032430.json
- Plain text: https://secwatch.observer/filing/0001437749-25-032430.txt

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