secwatch.observer — SEC 8-K summary
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Issuer:     Idaho Strategic Resources, Inc. (IDR)
CIK:        0001030192
Form:       8-K
Filed at:   2025-05-08T23:59:59+00:00
Accession:  0001654954-25-005284
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Idaho Strategic Q1 2025: revenue $7.28M (record), net income $1.61M, EPS $0.12; drills 4,230m
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- Revenue up 23.39% YoY to $7,278,536; gross profit $3.70M (+30.30%).
- Net income attributable to IDR $1,608,979 (-25.89%); EPS $0.12 (-29.41%).
- Gold production 2,900 oz (-6.93%); all-in sustaining cost $1,430.90/oz (+21.98%) on higher drilling expense.
- Completed 4,230m of drilling at Golden Chest; exploration expense $1.37M vs $0.27M in Q1 2024.
- Non-cash stock option expense $495K and equipment exchange charge $240K impacted net income.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1030192/000165495425005284/0001654954-25-005284-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1030192/000165495425005284/idr_8k.htm
  HTML page:      https://secwatch.observer/filing/0001654954-25-005284

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