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New Jersey Mining Company Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
Revenue:        
Sales of products $ 2,098,849 $ 1,556,070 $ 5,865,708 $ 4,281,401
Total revenue 2,098,849 1,556,070 5,865,708 4,281,401
Costs of Sales:        
Cost of sales and other direct production costs 1,603,785 1,506,982 4,701,626 3,831,727
Depreciation and amortization 217,054 156,325 595,227 425,641
Total costs of sales 1,820,839 1,663,307 5,296,853 4,257,368
Gross profit 278,010 (107,237) 568,855 24,033
Other operating expenses:        
Exploration 267,644 44,613 1,193,520 133,529
Loss on write off equipment 0 0 0 9,537
Management 56,272 38,812 312,663 112,236
Professional services 39,974 33,709 206,056 146,917
General and administrative 101,430 117,762 751,272 308,232
Total other operating expenses 465,320 234,896 2,463,511 710,451
Operating income (loss) (187,310) (342,133) (1,894,656) (686,418)
Other income (expense):        
Small Business Administration grant income 0 360,054 0 370,054
Timber revenue net of costs 0 14,961 4,338 46,613
Interest income 7 38 131 1,626
Interest expense (50,368) (40,247) (150,656) (113,903)
Total other income (expense) (50,361) 334,806 (146,187) 304,390
Net income (loss) (237,671) (7,327) (2,040,843) (382,028)
Net income (loss) attributable to non-controlling interest (18,326) (18,034) (65,823) (66,254)
Net income (loss) attributable to New Jersey Mining Company $ (219,345) $ 10,707 $ (1,975,020) $ (315,774)
Net income (loss) per common share-basic and diluted $ (0.00) $ 0.00 $ (0.01) $ (0.00)
Weighted average common shares outstanding-basic 143,194,844 129,394,027 139,979,837 126,059,427
Weighted average common shares outstanding-diluted 143,194,844 133,092,547 139,979,837 126,059,427