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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
 3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Revenue:        
Sales of products $ 6,153,287 $ 3,301,221 $ 18,177,607 $ 9,879,332
Total revenue 6,153,287 3,301,221 18,177,607 9,879,332
Costs of Sales:        
Cost of sales and other direct production costs 2,670,417 1,831,847 7,825,357 6,079,697
Depreciation and amortization 485,514 363,442 1,443,232 1,034,521
Total costs of sales 3,155,931 2,195,289 9,268,589 7,114,218
Gross profit 2,997,356 1,105,932 8,909,018 2,765,114
Other operating expenses:        
Exploration 1,185,460 435,439 2,073,364 916,250
Management 92,967 58,998 292,380 183,477
Professional services 81,663 80,856 320,889 444,899
General and administrative 203,732 117,178 543,851 504,241
(Gain) loss on disposal of equipment (6,000) 0 1,431 (224)
Total other operating expenses 1,557,822 692,471 3,231,915 2,048,643
Operating income 1,439,534 413,461 5,677,103 716,471
Other (income) expense: Equity (income) loss on investment in Buckskin Gold and Silver, Inc 1,301 1,608 1,579 2,965
Timber revenue net of costs 0 0 19,406 20,724
Loss on investment in equity securities 0 1,543 453 4,423
Interest income 167,801 23,560 247,904 61,253
Interest expense 37,128 33,103 83,295 52,999
Government grant income 418,000 0 418,000 0
Total other (income) expense (549,974) 9,478 (603,141) (27,520)
Net income 1,989,508 403,983 6,280,244 743,991
Net loss attributable to non-controlling interest 14,772 16,696 53,018 65,080
Net income attributable to Idaho Strategic Resources, Inc. $ 2,004,280 $ 420,679 $ 6,333,262 $ 809,071
Net income per common share-basic $ 0.15 $ 0.03 $ 0.49 $ 0.07
Weighted average common share outstanding-basic 13,111,073 12,256,523 12,821,279 12,238,172
Net income per common share-diluted $ 0.15 $ 0.03 $ 0.49 $ 0.07
Weighted average common shares outstanding- diluted 13,259,638 12,263,318 13,012,689 12,243,055