---
schema_version: "secwatch.filing_event.v1"
accession: "0001654954-23-013822"
form_type: "8-K"
ticker: "IDR"
cik: "0001030192"
company_name: "Idaho Strategic Resources, Inc."
filed_at: "2023-11-06T23:59:59+00:00"
generated_at: "2026-06-08T18:54:06.965317+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Idaho Strategic Q3 revenue up 89% to $3.3M, net income $404K vs year-ago loss

## Summary
- Revenue $3.30M vs $1.75M in Q3 2022 (+89%); nine-month revenue $9.88M exceeds full-year 2022 total.
- Net income $403,983 (Q3 2022 net loss $1.91M); fourth consecutive profitable quarter.
- Gross profit margin improved to 33.5% from -13.1% a year ago; operating income $413,461 vs loss $1.89M.
- Gold processed 10,430 dmt at 6.41 gpt head grade with 92.1% recovery; H-Vein continues production.
- Exploration: >23% TREE at Mineral Hill traced 0.5+ miles; Lemhi Pass trenching commenced at three prospects.

## SEC filing metadata
- accession: 0001654954-23-013822
- form_type: 8-K
- ticker: IDR
- cik: 0001030192
- company_name: Idaho Strategic Resources, Inc.
- filed_at: 2023-11-06T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1030192/000165495423013822/0001654954-23-013822-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1030192/000165495423013822/njmc_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001654954-23-013822
- JSON: https://secwatch.observer/filing/0001654954-23-013822.json
- Plain text: https://secwatch.observer/filing/0001654954-23-013822.txt

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