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Consolidated Balance Sheets - USD ($)
Dec. 31, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 1,638,031 $ 1,976,518
Gold sales receivable 909,997 408,187
Inventories 618,313 213,722
Joint venture receivable 1,926 4,442
Other current assets 192,025 334,443
Total current assets 3,360,292 2,937,312
Property, plant and equipment, net of accumulated depreciation 9,923,386 8,255,961
Mineral properties, net of accumulated amortization 6,527,561 5,843,186
Investment in Buckskin Gold and Silver 334,252 332,728
Investment in joint venture 435,000 435,000
Reclamation bond 327,020 103,320
Deposits 76,110 11,694
Total assets 20,983,621 17,919,201
Current liabilities:    
Accounts payable and accrued expenses 579,541 647,218
Accrued payroll and related payroll expenses 179,149 174,110
Notes payable related parties, current portion 12,226 10,543
Notes payable, current portion 859,393 666,622
Total current liabilities 1,630,309 1,498,493
Asset retirement obligation 262,217 172,348
Notes payable related parties, long term 62,957 106,068
Convertible debt 0 1,950,000
Notes payable, long term 1,315,068 1,128,490
Total long-term liabilities 1,640,242 3,356,906
Total liabilities 3,270,551 4,855,399
Commitments and Contingencies 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; 12,098,070 and 10,940,969 shares issued and outstanding, respectively 33,245,622 26,004,756
Accumulated deficit (18,368,384) (15,832,955)
Total Idaho Strategic Resources, Inc. stockholders' equity 14,877,238 10,171,801
Non-controlling interest 2,835,832 2,892,001
Total stockholders' equity 17,713,070 13,063,802
Total liabilities and stockholders' equity $ 20,983,621 $ 17,919,201