v3.26.1
Consolidated Balance Sheets - USD ($)
Dec. 31, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 9,889,765 $ 1,106,901
Investment in US treasury notes 27,679,881 7,775,193
Investment in equity securities 4,129,521 0
Investment in mutual funds 3,957,497 0
Gold sales receivable 3,912,922 1,578,694
Inventories 965,112 899,924
Joint venture receivable 12,760 2,892
Other current assets 799,261 378,469
Total current assets 51,346,719 11,742,073
Property, plant and equipment, net of accumulated depreciation 19,503,962 12,904,065
Mineral properties, net of accumulated amortization 15,742,370 10,573,349
Investment in Buckskin Gold and Silver, Inc. 345,082 341,436
Investment in joint venture 435,000 435,000
Investment in US treasury notes, non-current 27,651,843 7,208,930
Reclamation bonds 355,220 249,110
Deposits 858,534 567,667
Total assets 116,238,730 44,021,630
Current liabilities:    
Accounts payable and accrued expenses 1,904,589 1,006,078
Accrued payroll and related payroll expenses 409,212 564,090
Notes payable, current portion 1,029,336 709,381
Income taxes payable 334,446 0
Total current liabilities 3,677,583 2,279,549
Asset retirement obligations 325,451 305,409
Notes payable, long term 1,302,048 1,023,358
Deferred income tax liability 91,700 0
Total long term liabilities 1,719,199 1,328,767
Total liabilities 5,396,782 3,608,316
Commitments and Contingencies (Note 5 and 12) 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; 15,705,199 and 13,665,058 shares issued and outstanding, respectively 99,828,021 46,059,318
Retained earnings (accumulated deficit) 8,341,721 (8,373,953)
Total Idaho Strategic Resources, Inc. stockholders' equity 108,169,742 37,685,365
Non-controlling interest 2,672,206 2,727,949
Total stockholders' equity 110,841,948 40,413,314
Total liabilities and stockholders' equity $ 116,238,730 $ 44,021,630