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New Jersey Mining Company Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Revenue:        
Sales of products $ 2,180,232 $ 1,324,498 $ 3,766,859 $ 2,725,331
Total revenue 2,180,232 1,324,498 3,766,859 2,725,331
Costs of Sales:        
Cost of sales and other direct production costs 1,622,606 1,157,356 3,097,841 2,324,745
Depreciation and amortization 195,377 133,783 378,173 269,317
Total costs of sales 1,817,983 1,291,139 3,476,014 2,594,062
Gross profit 362,249 33,359 290,845 131,269
Other operating expenses:        
Exploration 208,170 47,237 925,877 88,916
Loss on write off equipment 0 0 0 9,537
Management 55,331 36,094 256,391 73,424
Professional services 43,430 40,797 166,081 113,208
General and administrative 136,007 103,982 649,842 190,470
Total other operating expenses 442,938 228,110 1,998,191 475,555
Operating income (loss) (80,689) (194,751) (1,707,346) (344,286)
Other income (expense):        
Small Business Administration grant income 0 10,000 0 10,000
Timber revenue net of costs 735 13,345 4,338 31,652
Interest income 32 11 123 1,589
Interest expense (60,846) (41,117) (100,287) (73,656)
Total other income (expense) (60,079) (17,761) (95,826) (30,415)
Net income (loss) (140,768) (212,512) (1,803,172) (374,701)
Net income (loss) attributable to non-controlling interest (31,580) (32,299) (47,497) (48,220)
Net income (loss) attributable to New Jersey Mining Company $ (109,188) $ (180,213) $ (1,755,675) $ (326,481)
Net income (loss) per common share-basic and diluted $ (0.00) $ (0.00) $ (0.01) $ (0.00)
Weighted average common shares outstanding-basic and diluted 139,016,013 124,935,465 138,345,689 124,373,804