secwatch.observer — SEC 8-K summary
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Issuer:     Idaho Strategic Resources, Inc. (IDR)
CIK:        0001030192
Form:       8-K
Filed at:   2023-11-06T23:59:59+00:00
Accession:  0001654954-23-013822
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1030192/000165495423013822/0001654954-23-013822-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1030192/000165495423013822/njmc_8k.htm
  HTML page:      https://secwatch.observer/filing/0001654954-23-013822

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