v3.25.2
Condensed Consolidated Balance Sheets - USD ($)
Jun. 30, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 2,444,476 $ 1,106,901
Investments in US treasury notes 10,611,794 7,775,193
Gold sales receivable 2,641,438 1,578,694
Inventories 1,120,993 899,924
Joint venture receivable 1,108 2,892
Other current assets 366,137 378,469
Total current assets 17,185,946 11,742,073
Property, plant and equipment, net of accumulated depreciation 16,289,024 12,904,065
Mineral properties, net of accumulated amortization 11,598,167 10,573,349
Investment in Buckskin Gold and Silver, Inc 342,623 341,436
Investment in joint venture 435,000 435,000
Investments in US treasury notes, non-current 11,082,224 7,208,930
Reclamation bond 330,110 249,110
Deposits 436,166 567,667
Total assets 57,699,260 44,021,630
Current liabilities:    
Accounts payable and accrued expenses 1,535,858 1,006,078
Accrued payroll and related payroll expenses 570,525 564,090
Notes payable, current portion 1,254,269 709,381
Total current liabilities 3,360,652 2,279,549
Asset retirement obligations 315,264 305,409
Notes payable, long term 2,025,399 1,023,358
Total long-term liabilities 2,340,663 1,328,767
Total liabilities 5,701,315 3,608,316
Commitments Note 5 0 0
Stockholders' equity:    
Preferred stock, no par value, 1,000,000 shares authorized; no shares issued or outstanding 0 0
Common stock, no par value, 200,000,000 shares authorized; June 30, 2025-14,058,339 and December 31, 2024- 13,665,058 shares issued and outstanding 53,296,323 46,059,318
Accumulated deficit (3,997,516) (8,373,953)
Total Idaho Strategic Resources, Inc stockholders' equity 49,298,807 37,685,365
Non-controlling interest 2,699,138 2,727,949
Total stockholders' equity 51,997,945 40,413,314
Total liabilities and stockholders' equity $ 57,699,260 $ 44,021,630