secwatch.observer — SEC 8-K summary
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Issuer:     Idaho Strategic Resources, Inc. (IDR)
CIK:        0001030192
Form:       8-K
Filed at:   2022-05-16T23:59:59+00:00
Accession:  0001654954-22-006962
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1030192/000165495422006962/0001654954-22-006962-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1030192/000165495422006962/njmc_8k.htm
  HTML page:      https://secwatch.observer/filing/0001654954-22-006962

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer