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Condensed Consolidated Balance Sheets - USD ($)
Jun. 30, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 1,801,257 $ 2,286,999
Short term investments 6,344,725 0
Gold sales receivable 1,516,514 1,038,867
Inventories 766,612 876,681
Joint venture receivable 1,413 2,080
Investment in equity securities 0 5,649
Other current assets 172,036 236,837
Total current assets 10,602,557 4,447,113
Property, plant and equipment, net of accumulated depreciation 10,492,298 10,233,640
Mineral properties, net of accumulated amortization 9,459,771 7,898,878
Investment in Buckskin Gold and Silver, Inc 339,047 338,769
Investment in joint venture 435,000 435,000
Reclamation bond 256,310 251,310
Deposits 600,267 285,079
Total assets 32,185,250 23,889,789
Current liabilities:    
Accounts payable and accrued expenses 732,832 484,221
Accrued payroll and related payroll expenses 286,187 266,670
Notes payable, current portion 745,132 978,246
Total current liabilities 1,764,151 1,729,137
Asset retirement obligations 295,874 286,648
Notes payable, long term 1,985,742 1,338,406
Total long-term liabilities 2,281,616 1,625,054
Total liabilities 4,045,767 3,354,191
Commitments Notes 5 and 9 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; June 30, 2024-12,958,574 and December 31, 2023- 12,397,615 shares issued and outstanding 38,264,643 34,963,739
Accumulated deficit (12,881,656) (17,210,638)
Total Idaho Strategic Resources, Inc stockholders' equity 25,382,987 17,753,101
Non-controlling interest 2,756,496 2,782,497
Total stockholders' equity 28,139,483 20,535,598
Total liabilities and stockholders' equity $ 32,185,250 $ 23,889,789