v3.26.1
Condensed Consolidated Balance Sheets - USD ($)
Jun. 30, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 8,234,662 $ 9,889,765
Investments in US treasury notes 31,770,865 27,679,881
Investment in equity securities 0 4,129,521
Investment in mutual funds 0 3,957,497
Gold sales receivable 2,961,809 3,912,922
Inventories 1,892,670 965,112
Joint venture receivable 11,478 12,760
Other current assets 641,231 799,261
Total current assets 45,512,715 51,346,719
Property, plant and equipment, net of accumulated depreciation 25,214,243 19,503,962
Mineral properties, net of accumulated amortization 20,531,093 15,742,370
Investments in US treasury notes, non-current 32,391,185 27,651,843
Investment in Buckskin Gold and Silver, Inc. 346,159 345,082
Investment in joint venture 435,000 435,000
Reclamation bonds 456,720 355,220
Deposits 5,130,238 858,534
Total assets 130,017,353 116,238,730
Current liabilities:    
Accounts payable and accrued expenses 2,321,147 1,904,589
Accrued payroll and related payroll expenses 539,221 409,212
Notes payable, current portion 831,381 1,029,336
Income taxes payable 48,416 334,446
Total current liabilities 3,740,165 3,677,583
Asset retirement obligations 335,981 325,451
Notes payable, long term 1,293,446 1,302,048
Deferred income tax liabilities 1,486,877 91,700
Total long-term liabilities 3,116,304 1,719,199
Total liabilities 6,856,469 5,396,782
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, 2026-15,819,065 and December 31, 2025- 15,705,199 shares issued and outstanding 102,137,120 99,828,021
Retained earnings 18,381,309 8,341,721
Total Idaho Strategic Resources, Inc stockholders' equity 120,518,429 108,169,742
Non-controlling interest 2,642,455 2,672,206
Total stockholders' equity 123,160,884 110,841,948
Total liabilities and stockholders' equity $ 130,017,353 $ 116,238,730