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Condensed Consolidated Balance Sheets - USD ($)
Mar. 31, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 2,013,804 $ 1,638,031
Gold sales receivable 1,342,390 909,997
Inventories 545,644 618,313
Joint venture receivable 3,527 1,926
Investment in equity securities 11,100 0
Other current assets 180,169 192,025
Total current assets 4,096,634 3,360,292
Property, plant and equipment, net of accumulated depreciation 9,758,588 9,923,386
Mineral properties, net of accumulated amortization 6,805,833 6,527,561
Investment in Buckskin Gold and Silver 334,602 334,252
Investment in joint venture 435,000 435,000
Reclamation bond 327,020 327,020
Deposits 33,500 76,110
Total assets 21,791,177 20,983,621
Current liabilities:    
Accounts payable and accrued expenses 644,106 579,541
Accrued payroll and related payroll expenses 242,923 179,149
Note payable related parties, current portion 12,657 12,226
Notes payable, current portion 810,291 859,393
Total current liabilities 1,709,977 1,630,309
Asset retirement obligation 266,116 262,217
Note payable related parties, long term 51,908 62,957
Notes payable, long term 1,125,816 1,315,068
Total long-term liabilities 1,443,840 1,640,242
Total liabilities 3,153,817 3,270,551
Commitments (Note 11) 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; March 31, 2023-12,256,523 and December 31, 2022- 12,098,070 shares issued and outstanding 34,124,125 33,245,622
Accumulated deficit (18,307,785) (18,368,384)
Total Idaho Strategic Resources, Inc stockholders' equity 15,816,340 14,877,238
Non-controlling interest 2,821,020 2,835,832
Total stockholders' equity 18,637,360 17,713,070
Total liabilities and stockholders' equity $ 21,791,177 $ 20,983,621