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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Revenue $ 434,824 $ 35,325 $ 860,775 $ 66,075
Operating expenses:        
Selling, general and administrative expenses 2,792,822 3,498,852 6,320,346 6,885,824
Research and development 2,548,467 1,763,304 3,440,480 3,031,683
Depreciation & amortization 656,717 704,881 1,312,695 1,335,922
Gain on sale of Facility 0 0 0 (178,193)
Total operating expenses 5,998,006 5,967,037 11,073,521 11,075,236
Loss from operations (5,563,182) (5,931,712) (10,212,746) (11,009,161)
Other Income (Expense)        
Interest expense (782,440) (376,161) (1,601,102) (991,339)
Interest income 65,081 61,018 139,573 106,875
Change in fair value of derivative instruments (77,496) 1,564,617 (833,614) 2,263,212
Loss on conversion of debt (1,278,544) 32,800 (1,472,067) (237,656)
Loss on debt extinguishment (521,622) 0 (521,622) 0
Other income (expense) (494,069) (855,151) (1,069,014) (1,318,262)
Total other income (expense), net (3,089,090) 427,123 (5,357,846) (177,170)
Net loss (8,652,272) (5,504,589) (15,570,592) (11,186,331)
Net loss attributable to noncontrolling interest (18,720) (36,101) (35,628) (48,906)
Net loss attributable to Comstock Inc. $ (8,633,552) $ (5,468,488) $ (15,534,964) $ (11,137,425)
Weighted average common shares outstanding, basic and diluted (in shares) 143,196,709 101,374,933 130,165,879 98,173,844
Earnings per Share - Basic and Diluted:        
Net loss per share - basic and diluted (in dollars per share) $ (0.06) $ (0.05) $ (0.12) $ (0.11)