Dilution profile // every instrument, one screen, from SEC filings

Idaho Copper Corp (COPR)

CIK 1263364 · all EDGAR filings →

Overall dilution risk
MEDIUMworst of 4 computed signals (offering ability)
= the worst band among the computed sub-ratings, no hidden weighting
Offering ability
MEDIUM$6.1M registered
= total registered offering amount from the fee exhibits of live registrations (bands: $1M / $20M)
one or more live registrations had no structured fee data, so the true total is AT LEAST this
Overhead supply
MEDIUMwarrants = 21% of O/S
= warrant shares outstanding divided by current shares outstanding (bands: 20% / 50%)
warrants only; converts, ATMs and equity lines are not in free structured data, so the true overhead is AT LEAST this
Historical dilution
LOW-93% O/S in 3y
= share count now vs 3 years ago (bands: 30% / 100%); a reverse split pushes this negative
a reverse-split-sized cliff is in this window; read the chart
Cash need
MEDIUM~14.7 months of runway
= cash vs trailing operating burn (bands: 6mo / 24mo; positive operating CF = low)
the company itself flagged going-concern doubt

Same rating bands the category standard uses, but free, with the formula on the chip and the gaps in the data said out loud.

Shares outstanding over time

2020-08-142026-05-29

Latest: 14.1M shares as of May 29, 2026 (10-Q). Share count fell from 276.9M to 13.9M between Nov 25, 2025 and Mar 17, 2026, a pattern consistent with a reverse split (roughly 1-for-20); simultaneous issuance can skew the raw ratio, so confirm in the filings. The red bar marks the cliff.

Cash runway

Going-concern warning

auditor flagged substantial doubt

The company itself flagged going-concern doubt in a filing.

Full breakdown: cash runway tool · source filing →

Warrants

TrancheWarrantsExercise priceTermNotes
Warrant1.7M$3
Warrant Two577,094$4.8
Warrant Four283,350$8
Warrant Three266,958$7.5
Warrant One54,674$4.6

Tranches exactly as the company dimensioned them in its 10-Q filed Jun 1, 2026. Groupings can overlap (a “Series E and F” row is not additive with a “Series E” row), so do not sum this column. A tranche the filer did not tag is absent here, not absent from the cap table. DOWN-ROUND = the filer tagged price-protection accounting scoped to that tranche.

Warrants outstanding: 2.9M underlying shares, as reported Apr 30, 2026 (10-Q).

Reported exercise price: $8 (aggregate figure as tagged; individual tranches vary).

Balance-sheet fair value of warrants: $53.1M as of Jul 31, 2025.

Rough fully diluted estimate: 17.0M = 14.1M O/S + 2.9M warrant shares. An estimate, not a filing figure: it ignores converts, options and RSUs, and the two inputs carry different as-of dates.

Convertible notes

NotePrincipalCarryingConv. priceRateIf converted
Convertible Promissory Notes$250,000not tagged

Notes exactly as the company dimensioned them in its 10-Q filed Jun 1, 2026. Principal is face amount as tagged, not what remains after repurchases unless the filer updated the tag. A note the filer did not dimension is absent here, not absent from the balance sheet; the exhibits stay the ground truth.

Fully diluted build-up

Shares outstanding plus every potential-share instrument the filer tagged in XBRL, each at its own as-of date. An estimate assembled from filed figures, not a filing figure itself.

Shares outstanding14.1MMay 29, 2026
+ Warrant (if exercised)1.7MApr 30, 2026
+ Warrant Two (if exercised)577,094Apr 30, 2026
+ Warrant Four (if exercised)283,350Apr 30, 2026
+ Warrant Three (if exercised)266,958Apr 30, 2026
+ Warrant One (if exercised)54,674Apr 30, 2026
Fully diluted estimate17.0M+20.7% vs O/S

Still excluded, because the filer does not tag them in countable form: employee options and RSUs, any instrument living only in exhibit prose, and instruments above missing a share count. Inputs carry different as-of dates, shown per row. Each figure traces to the tranche and note tables above and their cited filings.

Registrations and offerings

Registered offering capacity on live registrations: $6.1Mfrom the structured fee exhibits; registered is not remaining, takedowns are not subtracted

S-1Oct 7, 2025$6.1M registeredfiling →
S-1Jul 11, 2024no structured fee exhibit in this filing (predates fee-data XBRL or fee deferred)filing →

Last 12 months: 2 executed · 7 registered.

UPDATEJul 24, 2026Prospectus update — often a resale registration, not necessarily new capital424B3
EXECUTEDJul 6, 2026Final prospectus — offering priced (typical for IPOs and marketed share deals)424B4
EFFECTIVEJul 1, 2026SEC declared a registration effective — selling can beginEFFECT
REGISTEREDJun 30, 2026S-1/A registration — capacity to sell shares, not a sale yetS-1/A
REGISTEREDJun 26, 2026S-1/A registration — capacity to sell shares, not a sale yetS-1/A
REGISTEREDJun 17, 2026S-1/A registration — capacity to sell shares, not a sale yetS-1/A
REGISTEREDJun 4, 2026S-1/A registration — capacity to sell shares, not a sale yetS-1/A
REGISTEREDMay 11, 2026S-1/A registration — capacity to sell shares, not a sale yetS-1/A
EXECUTEDApr 23, 2026Unregistered share sale disclosed (8-K item 3.02)8-K
REGISTEREDFeb 19, 2026S-1/A registration — capacity to sell shares, not a sale yetS-1/A
REGISTEREDOct 7, 2025S-1 registration — capacity to sell shares, not a sale yetS-1
UPDATEAug 8, 2025Prospectus update — often a resale registration, not necessarily new capital424B3

Full history and shelf status: offering checker · S-3 shelf checker

Source: SEC EDGAR XBRL company facts and filing metadata, fetched live and cached briefly. Share counts are cover-page figures with their form named. Warrant tranches and convertible notes come from the dimensioned facts in the latest 10-Q/10-K instance document, exactly as the company tagged them; untagged tranches and notes are absent, not disproven. Nothing on this page is manually verified and nothing is behind a login: what free data supports is shown, what it cannot support is stated. Not investment advice.

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