i-80 Gold Corp (IAUX) financial statements: income statement, balance sheet and cash flow
i-80 Gold Corp's income statement, balance sheet and cash flow statement as filed with the SEC (10-K and 10-Q), with the latest fiscal years and quarters. In its latest fiscal year (Dec 31, 2025 · FY), i-80 Gold Corp reported revenue of $95.2M (+89.1% year on year).
Income statement
i-80 Gold Corp income statement, fiscal years
Line item
Dec 31, 2025 · FY
Dec 31, 2024 · FY
Dec 31, 2023 · FY
Dec 31, 2022 · FY
Revenue
$95.2M
$50.3M
$54.9M
$37.0M
Cost of sales
($82.0M)
($64.6M)
($52.9M)
($28.9M)
Depletion, depreciation and amortization
($1.7M)
($1.5M)
($7.2M)
($4.5M)
Gross profit (loss)
$11.5M
($15.7M)
—
—
Pre-development, evaluation and exploration
$66.1M
—
—
—
General and administrative
$29.4M
$20.8M
$18.5M
$17.1M
Property maintenance
$14.2M
$14.2M
$10.3M
$3.2M
Write-down of property, plant and equipment
$26.2M
—
—
—
Loss from operations
($124.4M)
($89.1M)
—
—
Other income
$4.5M
$24.0M
—
—
Other expense
($51.7M)
($22.0M)
—
—
Interest expense
($30.6M)
($33.0M)
—
—
Loss before income taxes
($202.1M)
($120.0M)
($73.0M)
—
Deferred tax recovery (expense)
$3.3M
($1.5M)
—
—
Net loss and comprehensive loss
($198.8M)
($121.5M)
—
—
Basic loss per share (in dollars per share)
-$0.30
-$0.34
—
—
Diluted loss per share (in dollars per share)
-$0.30
-$0.34
—
—
Basic weighted average shares outstanding (in shares)
671.7M
359.2M
274.1M
240.1M
Diluted weighted average shares outstanding (in shares)
671.7M
359.2M
—
—
i-80 Gold Corp income statement, quarters
Line item
Jun 30, 2026 · Q2
Mar 31, 2026 · Q1
Sep 30, 2025 · Q3
Jun 30, 2025 · Q2
Revenues
$24.3M
$52.4M
$32.0M
$27.8M
Cost of sales
($15.2M)
($35.8M)
($28.4M)
($26.5M)
Depreciation, depletion and amortization
($573.0K)
($483.0K)
($547.0K)
($547.0K)
Gross profit
$8.6M
$16.1M
$3.1M
$798.0K
Pre-development, evaluation and exploration
$29.3M
$25.7M
$20.1M
$9.0M
General and administrative
$9.1M
$7.6M
$7.5M
$7.3M
Property maintenance
$4.4M
$4.6M
$3.3M
$3.2M
Loss from operations
($34.1M)
($21.8M)
($27.8M)
($18.8M)
Other income
$31.6M
$8.9M
$3.5M
$2.1M
Other expenses
($38.1M)
($51.2M)
($10.5M)
($4.9M)
Interest expenses
($9.3M)
($6.2M)
($7.1M)
($8.7M)
Loss on loan extinguishment
$0
($7.1M)
—
—
Loss before income taxes
($50.0M)
($77.4M)
($41.9M)
($30.2M)
Income tax expense
($2.5M)
—
—
—
Net loss and comprehensive loss
($52.5M)
($78.6M)
($41.9M)
($30.2M)
Basic loss per share (in dollars per share)
-$0.06
-$0.09
-$0.05
-$0.05
Diluted loss per share (in dollars per share)
-$0.06
-$0.09
-$0.05
-$0.05
Basic weighted average shares outstanding (in shares)
861.1M
837.1M
815.6M
608.2M
Diluted weighted average shares outstanding (in shares)
861.1M
837.1M
815.6M
608.2M
Balance sheet
i-80 Gold Corp balance sheet, fiscal years
Line item
Dec 31, 2025 · FY
Dec 31, 2024 · FY
Dec 31, 2023 · FY
Dec 31, 2022 · FY
Cash and cash equivalents
$63.2M
$19.0M
$16.3M
$48.3M
Receivables, net
$1.9M
$3.3M
—
—
Inventory
$29.3M
$15.3M
$11.4M
$16.5M
Prepaids and deposits
$5.6M
$3.4M
$4.6M
$5.6M
Current portion of other assets
$287.0K
$1.3M
$3.2M
$6.3M
Total current assets
$100.3M
$42.3M
$39.8M
$77.3M
Other assets
$4.7M
$594.0K
$765.0K
$2.5M
Restricted cash
$42.0M
$40.3M
—
—
Property, plant and equipment, net
$556.4M
$572.4M
—
—
Total non-current assets
$603.1M
$613.3M
$683.9M
$564.6M
Total assets
$703.4M
$655.6M
$723.7M
$642.0M
Accounts payable and accrued liabilities
$41.5M
$26.4M
—
—
Current portion of long-term debt
$76.8M
$37.8M
$31.9M
$21.3M
Current reclamation liabilities
$1.6M
$906.0K
—
—
Current portion of other liabilities
$18.4M
$8.9M
$1.2M
$46.2M
Total current liabilities
$138.3M
$74.0M
$60.9M
$85.6M
Deferred tax liabilities
$13.1M
$16.4M
$0
$8.0M
Long-term debt
$97.9M
$153.6M
$148.3M
$94.6M
Reclamation liabilities
$58.9M
$55.7M
—
—
Non-current portion of other liabilities
$48.5M
$15.2M
$17.3M
$49.6M
Total non-current liabilities
$218.4M
$240.9M
$236.6M
$222.9M
Total liabilities
$356.6M
$315.0M
$297.4M
$308.5M
Common shares, unlimited authorized shares with no par value, 827,230,192 and 409,786,956 shares issued and outstanding as of December 31, 2025 and December 31, 2024, respectively
799.9M
606.5M
—
—
Additional paid-in capital
$30.6M
$19.0M
—
—
Accumulated deficit
($483.7M)
($284.8M)
—
—
Total equity
$346.8M
$340.7M
$426.3M
$333.4M
Total liabilities and equity
$703.4M
$655.6M
$723.7M
$642.0M
i-80 Gold Corp balance sheet, quarters
Line item
Jun 30, 2026
Mar 31, 2026
Sep 30, 2025
Jun 30, 2025
Cash and cash equivalents
$464.6M
$513.5M
$102.9M
$133.7M
Receivables, net
$6.8M
$8.5M
$3.7M
$4.7M
Inventories
$35.0M
$25.4M
$25.2M
$21.8M
Prepaids and deposits
$6.8M
$4.2M
$4.3M
$5.1M
Other assets
$277.0K
$283.0K
$299.0K
$1.3M
Total current assets
$513.4M
$552.0M
$136.4M
$166.6M
Other assets
$36.1M
$11.8M
$1.1M
$1.1M
Restricted cash
$25.7M
$42.3M
$41.7M
$41.3M
Property, plant and equipment, net
$598.6M
$570.1M
$577.0M
$573.9M
Total assets
$1.2B
$1.2B
$756.2M
$782.9M
Accounts payable and accrued liabilities
$45.5M
$49.0M
$34.8M
$25.0M
Income taxes payable
$3.7M
—
—
—
Debt
$683.0K
$307.0K
$78.7M
$77.6M
Reclamation liabilities
$1.6M
$1.6M
$1.6M
$1.2M
Other liabilities
$8.0M
$7.5M
$18.1M
$16.7M
Total current liabilities
$59.5M
$58.4M
$133.2M
$120.5M
Deferred tax liabilities
$13.1M
$13.1M
$16.4M
$16.4M
Debt
$445.0M
$437.5M
$97.2M
$98.2M
Reclamation liabilities
$61.0M
$59.9M
$58.4M
$57.9M
Other liabilities
$337.2M
$308.4M
$28.0M
$26.3M
Total liabilities
$915.8M
$877.4M
$333.2M
$319.3M
Common shares, unlimited authorized shares with no par value, 865,901,683 and 827,230,192 shares issued and outstanding as of June 30, 2026 and December 31, 2025, respectively
843.2M
831.2M
791.4M
790.2M
Additional paid-in capital
$29.6M
$29.9M
$29.7M
$29.6M
Accumulated deficit
($614.8M)
($562.3M)
($398.1M)
($356.2M)
Total equity
$258.0M
$298.9M
$423.0M
$463.5M
Total liabilities and equity
$1.2B
$1.2B
$756.2M
$782.9M
Cash flow statement
i-80 Gold Corp cash flow statement, fiscal years
Line item
Dec 31, 2025 · FY
Dec 31, 2024 · FY
Dec 31, 2023 · FY
Dec 31, 2022 · FY
Net loss
($198.8M)
($121.5M)
—
—
Depletion, depreciation and amortization
$3.2M
$3.2M
$8.8M
$6.2M
Reclamation accretion expense
$3.9M
—
—
—
Share-based payments
$9.1M
$570.0K
—
—
Write-down of property, plant and equipment
$26.2M
—
—
—
Non-cash items included in other expense
$51.8M
$953.0K
—
—
(Gain) loss on foreign exchange
($140.0K)
$34.0K
—
—
Interest expense
$29.6M
$32.5M
—
—
Deferred tax (recovery) expense
($3.3M)
$1.5M
—
—
Reclamation expenditures
($217.0K)
($455.0K)
($540.0K)
($622.0K)
Other
$117.0K
($248.0K)
($349.0K)
($437.0K)
Net change in operating assets and liabilities
($5.2M)
($2.1M)
—
—
Cash used in operating activities
($83.6M)
($82.5M)
($54.6M)
($45.8M)
Capital expenditures on property, plant and equipment
($9.6M)
($2.0M)
($39.5M)
($50.2M)
Disposal proceeds
$0
$425.0K
—
—
Cash used in investing activities
($9.6M)
($1.6M)
($42.5M)
($54.7M)
Net proceeds from shares issued in equity offerings
194.0M
123.5M
—
—
Principal repayments
($92.4M)
($32.2M)
—
—
Proceeds from New Gold Prepay and Silver Purchase Agreement
$31.0M
$0
—
—
Warrant and stock option exercises
$8.5M
—
—
—
Finance fees paid
($2.1M)
($2.2M)
—
$0
Contingent payments
$0
($1.4M)
($21.0M)
—
Other
($44.0K)
($229.0K)
—
—
Cash provided by financing activities
$139.0M
$82.7M
$65.2M
$61.4M
Change in cash, cash equivalents and restricted cash during the year
$45.8M
($1.4M)
—
—
Cash, cash equivalents and restricted cash, beginning of year
$59.3M
$60.8M
—
—
Effect of exchange rate changes on cash held
$152.0K
($48.0K)
($39.0K)
($232.0K)
Cash, cash equivalents and restricted cash, end of year
$105.3M
$59.3M
—
—
Cash and cash equivalents
$63.2M
$19.0M
—
—
Restricted cash and cash equivalents
$42.0M
$40.3M
—
—
Total cash, cash equivalents, and restricted cash
$105.3M
$59.3M
—
—
i-80 Gold Corp cash flow statement, quarters
Line item
Jun 30, 2026 · YTD
Mar 31, 2026 · Q1
Sep 30, 2025 · YTD
Jun 30, 2025 · YTD
Net loss
($131.1M)
($78.6M)
($113.3M)
($71.4M)
Depreciation, depletion and amortization
$2.1M
$950.0K
$2.5M
$1.7M
Accretion expense
$2.1M
$1.1M
$2.9M
$2.0M
Share-based compensation
$5.1M
$2.5M
$5.0M
$2.5M
Non-cash items included in other expense
$44.3M
$33.0M
$30.1M
$21.3M
Loss on loan extinguishment
$7.1M
$7.1M
—
—
Non-cash interest expense
$12.5M
$5.9M
$23.1M
$16.0M
Finance fee expense
$6.4M
$6.2M
—
—
Other
($3.0M)
($73.0K)
$40.0K
$47.0K
Net change in operating assets and liabilities
($40.1M)
($23.2M)
$610.0K
($5.9M)
Cash used in operating activities
($94.7M)
($45.1M)
($49.3M)
($34.0M)
Additions to property, plant and equipment
($33.4M)
($11.9M)
($4.7M)
($1.4M)
Cash used in investing activities
($33.4M)
($11.9M)
($4.7M)
($1.4M)
Gross proceeds
$662.5M
$662.5M
$31.0M
$31.0M
Principal repayments
($139.9M)
($139.3M)
($85.0M)
($73.0M)
Proceeds from equity offerings
$0
$0
$193.9M
$195.1M
Warrant and stock option exercises
$16.2M
$10.2M
—
—
Debt and other liability issuance costs
($25.2M)
($24.6M)
—
—
Other
($983.0K)
($1.2M)
($75.0K)
($58.0K)
Cash provided by financing activities
$513.1M
$507.5M
$139.1M
$151.0M
Cash, cash equivalents and restricted cash, beginning of period
$105.3M
$105.3M
$59.3M
$59.3M
Net change in cash, cash equivalents and restricted cash during the period
$385.0M
$450.6M
$85.1M
$115.5M
Effect of exchange rate changes on cash, cash equivalents and restricted cash
($18.0K)
($5.0K)
$119.0K
$188.0K
Cash, cash equivalents and restricted cash, end of period