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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
Mar. 31, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 5,295,457 $ 2,286,999
Gold sales receivable 1,238,474 1,038,867
Inventories 796,836 876,681
Joint venture receivable 1,598 2,080
Investment in equity securities 0 5,649
Other current assets 209,824 236,837
Total current assets 7,542,189 4,447,113
Property, plant and equipment, net of accumulated depreciation 10,665,673 10,233,640
Mineral properties, net of accumulated amortization 9,088,070 7,898,878
Investment in Buckskin Gold and Silver, Inc 340,636 338,769
Investment in joint venture 435,000 435,000
Reclamation bond 251,310 251,310
Deposits 377,420 285,079
Total assets 28,700,298 23,889,789
Current liabilities:    
Accounts payable and accrued expenses 485,363 484,221
Accrued payroll and related payroll expenses 272,476 266,670
Notes payable, current portion 1,090,329 978,246
Total current liabilities 1,848,168 1,729,137
Asset retirement obligations 291,223 286,648
Notes payable, long term 2,167,060 1,338,406
Total long-term liabilities 2,458,283 1,625,054
Total liabilities 4,306,451 3,354,191
Commitments 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, 2024-12,683,037 and December 31, 2023- 12,397,615 shares issued and outstanding 36,664,576 34,963,739
Accumulated deficit (15,039,529) (17,210,638)
Total Idaho Strategic Resources, Inc stockholders' equity 21,625,047 17,753,101
Non-controlling interest 2,768,800 2,782,497
Total stockholders' equity 24,393,847 20,535,598
Total liabilities and stockholders' equity $ 28,700,298 $ 23,889,789