Comstock Inc.

AMEX•LODE

CEO: Mr. Corrado F. De Gasperis

Sector: Real Estate

Industry: Real Estate - Services

Listing Date: 2010-07-21

Comstock Inc. engages in the systemic decarbonization business in Nevada and internationally. It operates through five segments: Fuels, Metals, Mining, Strategic Investments, and Corporate Services. It develops and commercializes technology that extract and convert wasted and unused lignocellulosic biomass into intermediates for refining into advanced renewable fuels. The company also owns the Lucerne Project located in the Storey County, Nevada; and the Spring Valley Project situated in the Lyon County, Nevada. In addition, it offers engineering and construction services; and invests in non-mining real estate investments. The company was incorporated in 2008 and is based in Virginia City, Nevada.

Contact Information

117 American Flat Road, Virginia City, NV, 89440, United States

775-847-5272

www.comstock.inc

Market Cap

$109.30M

P/E (TTM)

-2.4

11.9

Dividend Yield

52W High

$4.80

52W Low

$1.67

52W Range

44%

Rank69Top 98.7%

1.2

F-Score

Modified Piotroski Analysis

Based on 10-year fundamentals

Weak • 1.2 / 9 points

Scoring Range (0-9)

8-9: Excellent Value

6-7: Strong Fundamentals

4-5: Average Quality

0-3: Weak Performance

Data Period: 2016-2025

Financial Dashboard

Q3 2025 Data

Revenue

$54.08K-90.28%

4-Quarter Trend

EPS

-$0.31-61.25%

4-Quarter Trend

FCF

-$14.77M+249.46%

4-Quarter Trend

2025 Q3 Earnings Highlights

Key Highlights

Net Loss Narrows Nine-month net loss reduced to $29.81M from $30.57M; 3-month loss narrowed to $12.89M versus $14.99M.

Cash Position Strengthened Cash and equivalents reached $31.71M by September 30, 2025, driven by $60.34M net cash provided by financing activities.

Metals Facility Progress Industry-scale Metals recycling facility permits expected Q4 2025; operations target Q2 2026 commissioning for 100,000 tons capacity.

Bioleum Financing Advances Bioleum completed initial $20M Series A closing; planning further equity and debt financings throughout 2025.

Risk Factors

Recurring Operating Losses Accumulated deficit reached $365.46M; management notes substantial doubt about continuing as going concern if funding is not secured.

Commodity Price Fluctuations Future profitability highly sensitive to volatile market prices for precious metals, critical metals, and oil/gas demand factors.

Debt Settlement Contingencies Significant debt restructuring involved derivative liabilities; failure to meet future obligations could impact financial condition.

Outlook

Accelerate Technology Commercialization Primary 2025 focus remains commercializing Comstock Metals and advancing Bioleum innovation toward fossil parity goals.

Metals Expansion Strategy Plans include building up to seven U.S. industry-scale recycling facilities over the next five years, starting 2026.

Bioleum Oklahoma Facility Planning first 400,000 barrel per year commercial demonstration facility in Oklahoma, supported by state funding bonds.

Peer Comparison

Revenue (TTM)

RMAX

$291.60M

-5.2%

ASPS

$170.98M

+6.8%

CHCI

$55.84M

+23.0%

Gross Margin (Latest Quarter)

AXR

71.5%

-26.1pp

RMAX

57.8%

+0.8pp

MRNO

38.2%

-27.8pp

Key Metrics

Symbol	Market Cap	P/E (TTM)	ROE (TTM)	Debt to Assets
STRS	$256.74M	-31.5	-4.2%	38.3%
AXR	$149.89M	11.7	9.6%	0.0%
RMAX	$115.21M	14.1	1.8%	78.9%

Long-Term Trends

Last 4 Quarters

Revenue

Net Income

Operating Cash Flow

4Q Revenue CAGR

-67.7%

Growth Under Pressure

4Q Net Income CAGR

N/M

Profitability Shift

Cash Flow Stability

Cash Flow Needs Attention

Deep Research

Next earnings:Mar 19, 2026

EPS:-$0.18

Revenue:$102.19K

Financials

Earnings Calls

Reports

News

Income Statement

Balance Sheet

Cash Flow Statement

Ratios

% Chg.

Income Statement	LTM

No Data