---
schema_version: "secwatch.filing_event.v1"
accession: "0001654954-23-006579"
form_type: "8-K"
ticker: "IDR"
cik: "0001030192"
company_name: "Idaho Strategic Resources, Inc."
filed_at: "2023-05-15T23:59:59+00:00"
generated_at: "2026-06-15T00:28:36.362384+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 63% to record $3.34M; swings to net income of $44K

## Summary
- Revenue $3,341,596 vs $2,044,417 YOY; record first quarter.
- Net income $44,186 vs net loss $473,069; operating income $13,023 vs loss $426,166.
- Gross margin 15% to 26%; 11,144 dmt processed at 91.5% gold recovery.
- REE landholdings ~18,030 acres (largest in US); Diamond Creek: up to 2.2% TREO.
- Cash cost/AISC up due to increased underground mining; Jumbo pit completed.

## SEC filing metadata
- accession: 0001654954-23-006579
- form_type: 8-K
- ticker: IDR
- cik: 0001030192
- company_name: Idaho Strategic Resources, Inc.
- filed_at: 2023-05-15T23:59:59+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/1030192/000165495423006579/0001654954-23-006579-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1030192/000165495423006579/jmc_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001654954-23-006579
- JSON: https://secwatch.observer/filing/0001654954-23-006579.json
- Plain text: https://secwatch.observer/filing/0001654954-23-006579.txt

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