---
schema_version: "secwatch.filing_event.v1"
accession: "0001654954-22-006962"
form_type: "8-K"
ticker: "IDR"
cik: "0001030192"
company_name: "Idaho Strategic Resources, Inc."
filed_at: "2022-05-16T23:59:59+00:00"
generated_at: "2026-06-25T13:16:55.930951+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Idaho Strategic Q1 revenue up 29% to $2.04M, net loss narrows to $473K

## Summary
- Revenue $2,044,417 vs $1,586,627 in Q1 2021; gross profit $306,143 vs loss of $71,403.
- Net loss of $473,069 improved from $1,662,404 a year ago; no stock-based compensation in 2022.
- Cash costs per ounce fell to $978.70 from $1,476.24; AISC $1,557.32 vs $2,097.34.
- Underground ore mined 4,900 tonnes; new March tonnage record; mill processed 11,014 dmt.
- Uplisted to NYSE American; extinguished nearly $2M convertible debt; joined IGEM rare-earth program.

## SEC filing metadata
- accession: 0001654954-22-006962
- form_type: 8-K
- ticker: IDR
- cik: 0001030192
- company_name: Idaho Strategic Resources, Inc.
- filed_at: 2022-05-16T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1030192/000165495422006962/0001654954-22-006962-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1030192/000165495422006962/njmc_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001654954-22-006962
- JSON: https://secwatch.observer/filing/0001654954-22-006962.json
- Plain text: https://secwatch.observer/filing/0001654954-22-006962.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.