secwatch.observer — SEC 8-K summary
======================================

Issuer:     Idaho Strategic Resources, Inc. (IDR)
CIK:        0001030192
Form:       8-K
Filed at:   2023-05-15T23:59:59+00:00
Accession:  0001654954-23-006579
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 63% to record $3.34M; swings to net income of $44K
--------------------------------------------------------------------------------

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1030192/000165495423006579/0001654954-23-006579-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1030192/000165495423006579/jmc_8k.htm
  HTML page:      https://secwatch.observer/filing/0001654954-23-006579

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