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Consolidated Statements of Operations - USD ($)
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Revenue:    
Sales of products $ 2,044,417 $ 1,586,627
Total revenue 2,044,417 1,586,627
Costs of Sales:    
Cost of sales and other direct production costs 1,508,066 1,475,235
Depreciation and amortization 230,208 182,795
Total costs of sales 1,738,274 1,658,030
Gross profit (loss) 306,143 (71,403)
Other operating expenses:    
Exploration 396,124 717,707
Management 54,890 201,059
Professional services 79,983 122,651
General and administrative 201,312 513,835
Total other operating expenses 732,309 1,555,252
Operating loss (426,166) (1,626,655)
Other (income) expense:    
Equity income on investment in Buckskin 331 0
Timber revenue net of costs   (3,603)
Interest income (526) (92)
Interest expense 47,760 39,444
Total other expense 46,903 35,749
Net loss (473,069) (1,662,404)
Net loss attributable to non-controlling interest (17,467) (15,917)
Net loss attributable to Idaho Strategic Resources, Inc $ (455,602) $ (1,646,487)
Net loss per common share-basic and diluted $ (0.04) $ (0.17)
Weighted average common shares outstanding-basic and diluted 11,187,648 9,833,423