Overview
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Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2025
What sells
Revenue by product, business segment and region, as the company reports it to the SEC.
Products and services
Gold brought in 50% of the revenue Idaho Strategic Resources, Inc. broke down this way in fiscal 2025.
Products and services by year
| Products and services | 2024 | 2025 |
|---|---|---|
| Gold | $26.4M | $42.9M |
| Concentrate sales to H&H | $25.5M | $41.4M |
| Dore Sales To Refineries | $273.0K | $973.1K |
| Silver | $121.9K | $234.5K |
Where the money goes
Where each dollar of revenue went, fiscal 2025
- Cost of revenue38¢$16.2M
- Other costs21¢$9.1M
- Income tax1¢$426.1K
- Profit39¢$16.7M
Out of $42.4M in revenue.3
Where each dollar of operating cash went, fiscal 2025
- Capital spending35¢$6.7M
- Kept or used elsewhere65¢$12.4M
Out of $19.1M of cash from operations.3
Financial statements
Every line of the income statement as filed: the last 2 fiscal years, latest first.3
| Period ending | 2025-12-31 | 2024-12-31 |
|---|---|---|
| Revenue-gold sales | $42.4M | $25.8M |
| Cost of sales and other direct production costs | $13.9M | $10.9M |
| Depreciation and amortization | $2.3M | $2.0M |
| Total cost of sales | $16.2M | $12.8M |
| Gross profit | $26.2M | $13.0M |
| Exploration | $7.6M | $2.9M |
| Loss on disposal of equipment | $343.9K | $1.4K |
| Management | $945.6K | $407.7K |
| Professional services | $585.1K | $432.2K |
| General and administrative | $1.1M | $763.0K |
| Total other operating expenses | $10.6M | $4.5M |
| Income from operations | $15.6M | $8.4M |
| Equity income on investment in Buckskin Gold and Silver, Inc. | -$3.6K | -$2.7K |
| (Gain) loss on investment in equity securities and mutual funds | -$110.1K | $453 |
| Timber revenue | -$9.7K | -$19.4K |
| Dividend income | -$50.9K | $0 |
| Interest income | -$1.3M | -$389.5K |
| Interest expense | $0 | $83.3K |
| Total other (income) expense | -$1.5M | -$327.8K |
| Income before income taxes | $17.1M | $8.8M |
| Income tax provision | $426.1K | $0 |
| Net income | $16.6M | $8.8M |
| Net loss attributable to non-controlling interest | -$84.5K | -$83.3K |
| Net income attributable to Idaho Strategic Resources, Inc. | $16.7M | $8.8M |
| Net income per common share-basic | $1.15 | $0.68 |
| Weighted average common shares outstanding-basic | 14.5M shares | 13.0M shares |
| Net income per common share-diluted | $1.14 | $0.67 |
| Weighted average common shares outstanding-diluted | 14.7M shares | 13.2M shares |
No quarter-by-quarter statement was filed.
Every line of the balance sheet as filed: the last 3 fiscal years (annual) or 3 quarters (quarterly), latest first.3
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Cash and cash equivalents | $9.9M | $1.1M | $2.3M |
| Investment in US treasury notes | $27.7M | $7.8M | |
| Investment in equity securities | $4.1M | $0 | |
| Investment in mutual funds | $4.0M | $0 | |
| Gold sales receivable | $3.9M | $1.6M | |
| Inventories | $965.1K | $899.9K | |
| Joint venture receivable | $12.8K | $2.9K | |
| Other current assets | $799.3K | $378.5K | |
| Total current assets | $51.3M | $11.7M | |
| Property, plant and equipment, net of accumulated depreciation | $19.5M | $12.9M | |
| Mineral properties, net of accumulated amortization | $15.7M | $10.6M | |
| Investment in Buckskin Gold and Silver, Inc. | $345.1K | $341.4K | |
| Investment in joint venture | $435.0K | $435.0K | |
| Investment in US treasury notes, non-current | $27.7M | $7.2M | |
| Reclamation bonds | $355.2K | $249.1K | |
| Deposits | $858.5K | $567.7K | |
| Total assets | $116.2M | $44.0M | |
| Accounts payable and accrued expenses | $1.9M | $1.0M | |
| Accrued payroll and related payroll expenses | $409.2K | $564.1K | |
| Notes payable, current portion | $1.0M | $709.4K | |
| Income taxes payable | $334.4K | $0 | |
| Total current liabilities | $3.7M | $2.3M | |
| Asset retirement obligations | $325.5K | $305.4K | |
| Notes payable, long term | $1.3M | $1.0M | |
| Deferred income tax liability | $91.7K | $0 | |
| Total long term liabilities | $1.7M | $1.3M | |
| Total liabilities | $5.4M | $3.6M | |
| Commitments and Contingencies (Note 5 and 12) | $0 | $0 | |
| Preferred stock, no par value, 1,000,000 shares authorized; no shares issued or outstanding | $0 | $0 | |
| Common stock, no par value, 200,000,000 shares authorized; 15,705,199 and 13,665,058 shares issued and outstanding, respectively | $99.8M | $46.1M | |
| Retained earnings (accumulated deficit) | $8.3M | -$8.4M | |
| Total Idaho Strategic Resources, Inc. stockholders' equity | $108.2M | $37.7M | |
| Non-controlling interest | $2.7M | $2.7M | |
| Total stockholders' equity | $110.8M | $40.4M | $20.5M |
| Total liabilities and stockholders' equity | $116.2M | $44.0M | |
| Preferred stock, par value | $0 | $0 | |
| Preferred stock, shares authorized | 1.0M shares | 1.0M shares | |
| Preferred stock, shares issued | 0 shares | 0 shares | |
| Preferred stock, shares outstanding | 0 shares | 0 shares | |
| Common stock, par value | $0 | $0 | |
| Common stock, shares authorized | 200.0M shares | 200.0M shares | |
| Common stock, shares issued | 15.7M shares | 13.7M shares | |
| Common stock, shares outstanding | 15.7M shares | 13.7M shares |
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Cash and cash equivalents | $9.9M | $1.1M | $2.3M |
| Investment in US treasury notes | $27.7M | $7.8M | |
| Investment in equity securities | $4.1M | $0 | |
| Investment in mutual funds | $4.0M | $0 | |
| Gold sales receivable | $3.9M | $1.6M | |
| Inventories | $965.1K | $899.9K | |
| Joint venture receivable | $12.8K | $2.9K | |
| Other current assets | $799.3K | $378.5K | |
| Total current assets | $51.3M | $11.7M | |
| Property, plant and equipment, net of accumulated depreciation | $19.5M | $12.9M | |
| Mineral properties, net of accumulated amortization | $15.7M | $10.6M | |
| Investment in Buckskin Gold and Silver, Inc. | $345.1K | $341.4K | |
| Investment in joint venture | $435.0K | $435.0K | |
| Investment in US treasury notes, non-current | $27.7M | $7.2M | |
| Reclamation bonds | $355.2K | $249.1K | |
| Deposits | $858.5K | $567.7K | |
| Total assets | $116.2M | $44.0M | |
| Accounts payable and accrued expenses | $1.9M | $1.0M | |
| Accrued payroll and related payroll expenses | $409.2K | $564.1K | |
| Notes payable, current portion | $1.0M | $709.4K | |
| Income taxes payable | $334.4K | $0 | |
| Total current liabilities | $3.7M | $2.3M | |
| Asset retirement obligations | $325.5K | $305.4K | |
| Notes payable, long term | $1.3M | $1.0M | |
| Deferred income tax liability | $91.7K | $0 | |
| Total long term liabilities | $1.7M | $1.3M | |
| Total liabilities | $5.4M | $3.6M | |
| Commitments and Contingencies (Note 5 and 12) | $0 | $0 | |
| Preferred stock, no par value, 1,000,000 shares authorized; no shares issued or outstanding | $0 | $0 | |
| Common stock, no par value, 200,000,000 shares authorized; 15,705,199 and 13,665,058 shares issued and outstanding, respectively | $99.8M | $46.1M | |
| Retained earnings (accumulated deficit) | $8.3M | -$8.4M | |
| Total Idaho Strategic Resources, Inc. stockholders' equity | $108.2M | $37.7M | |
| Non-controlling interest | $2.7M | $2.7M | |
| Total stockholders' equity | $110.8M | $40.4M | $20.5M |
| Total liabilities and stockholders' equity | $116.2M | $44.0M | |
| Preferred stock, par value | $0 | $0 | |
| Preferred stock, shares authorized | 1.0M shares | 1.0M shares | |
| Preferred stock, shares issued | 0 shares | 0 shares | |
| Preferred stock, shares outstanding | 0 shares | 0 shares | |
| Common stock, par value | $0 | $0 | |
| Common stock, shares authorized | 200.0M shares | 200.0M shares | |
| Common stock, shares issued | 15.7M shares | 13.7M shares | |
| Common stock, shares outstanding | 15.7M shares | 13.7M shares |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Every line of the cash flow as filed: the last 2 fiscal years, latest first.3
| Period ending | 2025-12-31 | 2024-12-31 |
|---|---|---|
| Net income | $16.6M | $8.8M |
| Depreciation and amortization | $2.3M | $2.0M |
| Accretion of asset retirement obligation | $20.0K | $18.8K |
| Loss on disposal of equipment | $343.9K | $1.4K |
| Unrealized (gain) on investment in equity securities and mutual funds | -$110.1K | $0 |
| Loss on investment in equity securities | $0 | $453 |
| Equity income on investment in Buckskin Gold and Silver, Inc. | -$3.6K | -$2.7K |
| Write down of reclamation bond | $0 | $300 |
| Stock-based compensation | $1.5M | $0 |
| Amortization of discount on US treasury notes | $37.2K | $2.1K |
| Deferred tax expense | $91.7K | $0 |
| Gold sales receivable | -$2.3M | -$539.8K |
| Inventories | -$65.2K | -$23.2K |
| Joint venture receivable | -$9.9K | -$812 |
| Other current assets | -$420.8K | -$141.6K |
| Accounts payable and accrued expenses | $898.5K | $521.9K |
| Accrued payroll and related payroll expenses | -$154.9K | $297.4K |
| Income taxes payable | $334.4K | $0 |
| Net cash provided by operating activities | $19.1M | $10.8M |
| Purchases of property, plant, and equipment | -$6.7M | -$2.2M |
| Proceeds from sale of equipment | $66.2K | $6.4K |
| Deposits on equipment | -$945.8K | -$1.2M |
| Additions to mineral properties | -$5.1M | -$2.4M |
| Purchase of mineral property | -$300.0K | $0 |
| Purchase of reclamation bonds | -$106.1K | -$5.0K |
| Refund of reclamation bonds | $0 | $6.9K |
| Purchase of US treasury notes | -$51.8M | -$17.5M |
| Maturity of US treasury notes | $11.4M | $2.5M |
| Proceeds from sale of investment in equity securities | $0 | $5.2K |
| Purchase of equity securities | -$4.0M | $0 |
| Purchase of mutual funds | -$4.0M | $0 |
| Net cash used by investing activities | -$61.5M | -$20.8M |
| Proceeds from sale of common stock, net of issuance costs | $52.0M | $9.1M |
| Proceeds from issuance of common stock for warrants exercised | $0 | $1.7M |
| Proceeds from issuance of common stock for stock options exercised | $236.3K | $280.0K |
| Principal payments on notes payable | -$1.2M | -$2.4M |
| Contributions from non-controlling interest | $28.7K | $28.8K |
| Net cash provided by financing activities | $51.1M | $8.7M |
| Net change in cash and cash equivalents | $8.8M | -$1.2M |
| Deposit on equipment applied to purchase | $654.9K | $895.6K |
| Notes payable for equipment | $2.6M | $1.1M |
| Note payable for mineral property | $0 | $650.0K |
| Note payable assumed by 3rd party | $792.8K | $0 |
| Principal payments on notes payable paid by 3rd party | $71.4K | $0 |
No quarter-by-quarter statement was filed.
Compare Idaho Strategic Resources, Inc. with another company
Corporate structure
Idaho Strategic Resources, Inc. sits at the top of its group. 1 entity, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.
Major holders of Idaho Strategic Resources, Inc.
- State Street Corporation Filed SCHEDULE 13G on Idaho Strategic Resources, Inc., latest May 12, 2026 (2 filings since Feb 9, 2026)
- VANGUARD GROUP INC Filed SCHEDULE 13G/A on Idaho Strategic Resources, Inc., latest Mar 27, 2026 (2 filings since Oct 30, 2025)
- BlackRock Filed SCHEDULE 13G/A on Idaho Strategic Resources, Inc., latest Jan 21, 2026 (2 filings since Jul 17, 2025)
- Robert L. Dumont Filed SC 13G on Idaho Strategic Resources, Inc., latest Feb 14, 2024 (2 filings since Dec 6, 2021)
- Intelligent Fanatics Capital Management LLC Filed SC 13G/A on Idaho Strategic Resources, Inc., latest Jan 6, 2023 (3 filings since Jan 3, 2022)
- Idaho Strategic Resources, Inc. Coeur D'Alene, Idaho
Built from major holders from Schedules 13D and 13G. Each entity in the chart links to its source.
What it owns
What Idaho Strategic Resources, Inc. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.
Property and equipment
| Item | Latest | A year before | Change |
|---|---|---|---|
| Land | $978.7K3 Dec 31, 2025 | $978.7K3 Dec 31, 2024 | 0% |
| Property and equipment, net | $19.5M3 Dec 31, 2025 | $12.9M3 Dec 31, 2024 | +51.1% |
Investments
| Item | Latest | A year before | Change |
|---|---|---|---|
| Stakes in other companies (equity method) | $4.1M3 Dec 31, 2025 | $03 Dec 31, 2024 |
Inventory
Properties, in its own words
Note on New SEC Mining Disclosure Rules
Information concerning the Company’s mining properties in this Annual Report on Form 10-K has been prepared in accordance with the requirements of subpart 1300 of Regulation S-K, which first became applicable to the Company for the fiscal year ended December 31, 2021. These requirements differ significantly from the previously applicable disclosure requirements of SEC Industry Guide 7. Among other differences, subpart 1300 of Regulation S-K requires the Company to disclose its mineral resources, in addition to its mineral reserves, as of the end of its most recently completed fiscal year both in the aggregate and for each of its individually material mining properties. Readers are cautioned that mineral resources do not have demonstrated economic value. Mineral resources are subject to further exploration and development, are subject to additional risks, and no assurance can be given that they will ever convert to mineral reserves. Inferred resources have more uncertainty than Measured or Indicated as the estimation parameters assume mineralized continuity over greater distances which may or may not accurately reflect the actual mineralization.
The rest of Item 2
Summary
The map below shows the locations of the Company’s operations and its exploration properties.
Figure 1 - Property Location Map
The following table summarizes the Company’s aggregate metal quantities produced and sold, which only includes the quantities produced and sold from the Golden Chest Mine (the Company’s only producing mine) for the last three years:
Year Ended December 31,
2025 · 2024 · 2023
Gold - · Ounces produced · 12,538 · 11,915 · 8,247
Payable ounces sold · 11,834 · 11,169 · 7,673
The following table summarizes the Company’s total in-situ proven and probable mineral reserves (the Golden Chest Mine is the Company’s only property with calculated reserves) as of December 31, for the last three years:
Classification · Year · Tonnes · Grade (grams gold per tonne) · Cut-off(grams gold per tonne) · MetallurgicalRecovery
Proven and Probable Reserves · 2023 · 127,477 · 6.74 · 3.2 · 93
Proven and Probable Reserves · 2024 · 170,819 · 8.99 · 4.0 · 93
Proven and Probable Reserves · 2025 · 338,521 · 6.95 · 4.0 · 93
The following table summarizes the Company’s total in-situ mineral resources (the Golden Chest Mine is the Company’s only property with calculated mineral resources) for the last two years as of December 31, 2025.
Classification · Year · Tonnes · Gold Grade(grams gold per tonne) · Cutoff(grams gold per tonne) · MetallurgicalRecovery
Measured · 2024 · 374,389 · 4.16 · 2.0 UG & 1.4 OP · 93.0% UG 85% OP
Indicated · 2024 · 859,458 · 3.24 · 2.0 UG & 1.4 OP · 93.0% UG 85% OP
Measured + Indicated · 2024 · 1,233,887 · 3.52 · 2.0 UG & 1.4 OP · 93.0% UG 85% OP
Inferred · 2024 · 823,172 · 2.82 · 2.0 UG & 1.4 OP · 93.0% UG 85% OP
Measured · 2025 · 384,351 · 4.33 · 2.0 UG & 1.4 OP · 93.0% UG 85% OP
Indicated · 2025 · 702,152 · 3.96 · 2.0 UG & 1.4 OP · 93.0% UG 85% OP
Measured + Indicated · 2025 · 1,086,503 · 4.09 · 2.0 UG & 1.4 OP · 93.0% UG 85% OP
Inferred · 2025 · 582,878 · 2.98 · 2.0 UG & 1.4 OP · 93.0% UG 85% OP
More information on the Company’s mineral reserves and resources is provided in Exhibit 96.1, the Technical Report Summary on the Golden Chest Mine, prepared by the Qualified Persons (“QP”) under Section 1300 of SEC Regulation S-K, Grant A. Brackebusch, P.E., Robert J. Morgan, PG, PLS., and Andrew A. Brackebusch, P.E.
The table below summarizes the Company’s production and exploration-stage properties.
Property · State & County · Ownership · Claims · Permit Conditions · Stage · Mine Type · Commodity · Mineralization Style
Golden Chest Mine · Idaho, Shoshone · 100% · 34 patented claims (449 acres) and 217 unpatented claims (4,300 acres) · Private land and public land administered by USFS and BLM. All permits required for production in place. · Production · Underground/Open Pit · Au, Ag · Orogenic gold, veins.
New Jersey Mill · Idaho, Shoshone · Joint Venture (65% Assets, 3,000 tonnes per month) · Private land (35 acres) and 10 unpatented claims (50 acres). · Private land, all permits required for production in place. Unpatented claims administered by BLM. · Production · Not Applicable (N/A) · N/A · N/A
Mineral Hill · Idaho, Lemhi · 100% · 118 unpatented claims (2,360 acres). · Public land administered by USFS. Plan of Operations required. · Exploration · Underground · Rare earth elements · Carbonatite dike, veins
Lemhi Pass · Idaho, Lemhi & Montana, Beaverhead · 100% · State lease (565 acres) and 678 unpatented claims (13,560 acres). · Public land administered by State of Idaho, BLM and USFS. Plan of Operations required. · Exploration · Underground/Open Pit · Rare earth elements, Thorium · Carbonatite dike, veins
Diamond Creek · Idaho, Lemhi · 100% · 244 unpatented claims (4,900 acres). · Public land administered by USFS, Plan of Operations in place. · Exploration · Underground · Rare earth elements, Au · Replacement carbonatite dike, veins
Eastern Star · Idaho, Idaho · 100% · 11 patented claims (220 acres) and 71 unpatented claims (1,420 acres). · Private land and public land administered by BLM and USFS. POO required. · Exploration · Underground · Au, Ag · Orogenic gold, veins
Butte Highlands · Montana, Silver Bow · 25% Joint Venture Interest · Patented claims (135 acres) and unpatented claims. · Private land with operating permits from Montana DEQ and USFS. · Development · Underground · Au, Ag · Skarn
New Jersey Mine · Idaho, Shoshone · 100% · Private land (250 acres) and unpatented claims (130 acres). · Private land and public land administered by the BLM. Surface mining permit with Idaho. · Exploration · Underground/Open Pit · Au, Ag · Orogenic gold, veins
Item 2 of the 10-K filed Mar 23, 2026.11
Leadership
Who has led Idaho Strategic Resources, Inc., and when. Pick a name to see everywhere that person has worked.
Chief executive
Chief financial officer
- Chief executive officerJohn Swallow Jun 12, 2017 to now12
- Chief executive officerDelbert W. Steiner Jan 4, 2016 to Jan 3, 201713
- Chief executive officerR. Patrick Highsmith Dec 11, 2014 to Feb 11, 201514
- Chief executive officerFred W. Brackebusch Nov 1, 2006 to Jul 22, 200815
- PresidentR. Patrick Highsmith Dec 11, 2014 to Dec 11, 201414
- PresidentJohn Swallow Dec 5, 2013 to Dec 11, 201416
- PresidentFred W. Brackebusch Jan 10, 2006 to Jan 28, 201317
- Chief financial officerGrant A. Brackebusch Oct 18, 2024 to now18
Board members and other officers (14)
- V.P. ExplorationRobert John Morgan Jan 26, 2018 to now19
- Corporate SecretaryMonique D. Hayes Nov 29, 2016 to now20
- Vice PresidentGrant A. Brackebusch Jan 10, 2006 to Jun 17, 202421
- SecretaryTina L. Brackebusch Jan 10, 2006 to Jan 28, 201322
- Board memberCarolyn S. Turner Aug 14, 2023 to now23
- Board memberRichard Scott Beaven Jan 25, 2022 to now24
- Board memberDelbert W. Steiner Jan 23, 2015 to Jan 3, 201725
- Board memberR. Patrick Highsmith Dec 11, 2014 to Feb 11, 201514
- Board memberJohn Swallow Dec 5, 2013 to now16
- Board memberFred W. Brackebusch Jan 10, 2006 to Jan 28, 201317
- Board memberGrant A. Brackebusch Jan 10, 2006 to now21
- Board memberIvan R. Linscott Jan 10, 2006 to Jan 28, 201326
- Board memberM. Kathleen Sims Jan 10, 2006 to Jan 28, 201327
- Board memberWilliam C. Rust Jan 10, 2006 to Jan 28, 201328
Named in SEC Form D filings
People the company listed in its private-offering notices.
- DirectorKevin Shiell named Oct 18, 2021 to Feb 22, 202229
Former names
- NEW JERSEY MINING COMay 19, 2000 to Dec 6, 20212
Timeline
- Aug 14, 20268-K Regulation FD disclosure30
- Jun 11, 20268-K Shareholder vote31
- Jun 8, 20268-K Change of auditor32
- May 14, 20268-K Regulation FD disclosure33
- Mar 24, 20268-K Regulation FD disclosure34
- Nov 18, 20258-K Regulation FD disclosure35
- Oct 2, 20258-K Entered a material agreement36
- Aug 8, 20258-K Regulation FD disclosure37
- Jul 1, 20258-K Shareholder vote38
- May 8, 20258-K Regulation FD disclosure39
- Mar 31, 20258-K Regulation FD disclosure40
- Mar 11, 20258-K Regulation FD disclosure41
- Jun 12, 2017New chief executive John Swallow becomes CEO12
- Jan 4, 2016New chief executive Delbert W. Steiner becomes CEO13
- Dec 11, 2014New chief executive R. Patrick Highsmith becomes CEO14
- Nov 1, 2006New chief executive Fred W. Brackebusch becomes CEO15
Calendar
Coming up
- Nov 11, 2026Reports results for the quarter ending Sep/2026 A year earlier it reported $0.20 a share, on Nov 12, 2025.42
Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar
Filings
211 filings to the SEC since October 2021: 6 annual reports, 15 quarterly reports, 52 major events, 67 insider forms, 11 large holders, 3 private raises, 57 other. The latest 20:
- Aug 14, 20268-K EDGAR
- Aug 13, 202610-Q EDGAR
- Jun 11, 20268-K EDGAR
- Jun 8, 20268-K EDGAR
- Jun 3, 2026144 EDGAR
- May 22, 20264 EDGAR
- May 14, 20268-K EDGAR
- May 14, 202610-Q EDGAR
- May 12, 2026SCHEDULE 13G EDGAR
- May 1, 2026DEF 14A EDGAR
- Mar 27, 2026SCHEDULE 13G/A EDGAR
- Mar 24, 20268-K EDGAR
- Mar 23, 202610-K EDGAR
- Feb 9, 2026SCHEDULE 13G EDGAR
- Jan 21, 2026SCHEDULE 13G/A EDGAR
- Jan 16, 20264 PRIMARY DOCUMENT EDGAR
- Jan 16, 2026144 EDGAR
- Jan 9, 20264 EDGAR
- Jan 8, 20264 PRIMARY DOCUMENT EDGAR
- Jan 6, 20264 EDGAR
The 211 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Insider trades
34 open-market trades by officers, directors and large owners since October 2021: 8 buys and 26 sales. Grants, option exercises and gifts are left out.
| Date | Who | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| Jan 16, 2026 | BRACKEBUSCH GRANT ACFO/Vice President | Sale | 14,243 | $44.49 | $633.7K | Form 4 |
| Dec 30, 2025 | Swallow JohnPresident & CEO | Sale | 20,000 | $41.72 | $834.4K | Form 4 |
| Dec 22, 2025 | Swallow JohnPresident & CEO | Sale | 30,000 | $43.44 | $1.3M | Form 4 |
| Nov 18, 2025 | Beaven Richard ScottDirector | Sale | 2,000 | $34.64 | $69.3K | Form 4 |
| Sep 23, 2025 | Swallow JohnPresident & CEO | Sale | 87,470 | $30.31 | $2.7M | Form 4 |
| Sep 22, 2025 | Morgan Robert JohnVP Exploration | Sale | 7,143 | $30.52 | $218.0K | Form 4 |
| Sep 19, 2025 | BRACKEBUSCH GRANT ACFO/Vice President | Sale | 15,937 | $29.52 | $470.5K | Form 4 |
| Aug 19, 2025 | Swallow JohnPresident & CEO | Sale | 50,000 | $23.51 | $1.2M | Form 4 |
| Aug 11, 2025 | Shiell Kevin GDirector | Sale | 6,500 | $25.03 | $162.7K | Form 4 |
| Jul 18, 2025 | Hayes Monique DCorporate Secretary | Sale | 4,829 | $21.00 | $101.4K | Form 4 |
| Jul 10, 2025 | Hayes Monique DCorporate Secretary | Sale | 12,724 | $15.36 | $195.4K | Form 4 |
| Jul 10, 2025 | Swallow JohnPresident & CEO | Sale | 100,000 | $15.27 | $1.5M | Form 4 |
| May 23, 2025 | Shiell Kevin GDirector | Sale | 3,500 | $13.37 | $46.8K | Form 4 |
| May 22, 2025 | Shiell Kevin GDirector | Sale | 1,000 | $12.55 | $12.6K | Form 4 |
| May 21, 2025 | Shiell Kevin GDirector | Sale | 3,286 | $12.62 | $41.5K | Form 4 |
| Nov 14, 2024 | Hayes Monique DCorporate Secretary | Sale | 6,204 | $11.51 | $71.4K | Form 4 |
| Nov 13, 2024 | Hayes Monique DCorporate Secretary | Sale | 7,746 | $11.51 | $89.2K | Form 4 |
| Nov 8, 2024 | Swallow JohnPresident & CEO | Sale | 25,000 | $11.99 | $299.8K | Form 4 |
| Nov 7, 2024 | Swallow JohnPresident & CEO | Sale | 225,000 | $13.04 | $2.9M | Form 4 |
| Aug 13, 2024 | Turner Carolyn SDirector | Buy | 980 | $10.13 | $9.9K | Form 4 |
All 34 trades can be filtered by person here when JavaScript is on.
From Forms 4 filed with the SEC.
Major holders
Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.
- State Street CorporationSCHEDULE 13G, 2 filings Feb 9, 2026 to May 12, 202643
- VANGUARD GROUP INCSCHEDULE 13G/A, 2 filings Oct 30, 2025 to Mar 27, 202644
- BlackRockSCHEDULE 13G/A, 2 filings Jul 17, 2025 to Jan 21, 202645
- Robert L. DumontSC 13G, 2 filings Dec 6, 2021 to Feb 14, 202446
- Intelligent Fanatics Capital Management LLCSC 13G/A, 3 filings Jan 3, 2022 to Jan 6, 202347
Executive pay
What the company paid its top executives, from the summary compensation table in its proxy statement. Total pay includes salary, bonus, stock and option awards and other pay, as the company valued them.
| Year | Executive | Age | Salary | Total pay |
|---|---|---|---|---|
| 2025 | Grant Brackebusch | $279.6K | $442.5K48 | |
| 2025 | John Swallow | $279.6K | $442.5K48 | |
| 2025 | Robert Morgan | $200.4K | $303.9K48 | |
| 2024 | CFO & Vice President | $208.5K | $240.5K48 | |
| 2024 | PresidentCEO & | $208.5K | $240.5K48 | |
| 2024 | Vice President | $152.1K | $177.1K48 | |
| 2023 | CFO & Vice President | $175.4K48 | ||
| 2023 | Chairman | $167.0K48 | ||
| 2023 | Vice President | $140.6K48 |
Funding
Where the company's money came from, by calendar year: private offerings filed with the SEC, federal grants, loans, contracts and other assistance from USAspending.gov, and PPP loans from the SBA. Each bar links to the records below.
- Private raises (Form D) $5.6M
Figures by year
| Year | Private raises (Form D) | Total |
|---|---|---|
| 2023 | $878.5K | $878.5K |
| 2022 | $2.7M | $2.7M |
| 2021 | $2.0M | $2.0M |
Private raises
Private offerings the company reported to the SEC on Form D. The amount is what the latest filing says was sold so far, charted in the year of the first sale. Covers filings since Oct 1, 2021.
Held by these funds
The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 100. Change is in shares since the quarter before.
| Fund | Shares | Value | Share of the fund | Change |
|---|---|---|---|---|
| BlackRock, Inc. | 1,250,250 | $40.9M | 0.0% | +106,640 |
| State Street Corp | 1,231,955 | $40.3M | 0.0% | +77,181 |
| Vanguard Capital Management LLC | 662,444 | $21.7M | 0.0% | +19,182 |
| Geode Capital Management, LLC | 412,096 | $13.5M | 0.0% | +27,346 |
| Van Eck Associates Corp | 375,376 | $12.3M | 0.0% | −8,889 |
| Nuveen, LLC | 266,718 | $8.7M | 0.0% | +165,803 |
| Punch & Associates Investment Management, Inc. | 222,220 | $7.3M | 0.4% | +15,000 |
| Citigroup Inc | 170,573 | $5.6M | 0.0% | +8,153 |
| Bridgewater Associates, LP | 167,828 | $5.5M | 0.0% | −32,021 |
| Navellier & Associates Inc | 156,851 | $5.1M | 0.4% | +46,970 |
| Northern Trust Corp | 156,476 | $5.1M | 0.0% | +22,784 |
| Vanguard Portfolio Management LLC | 144,871 | $4.7M | 0.0% | +17,054 |
| JW Asset Management, LLC | 141,197 | $4.6M | 1.4% | −2,000 |
| LPL Financial LLC | 107,813 | $3.5M | 0.0% | −19,237 |
| Vanguard Fiduciary Trust Co | 105,380 | $3.5M | 0.0% | +5,384 |
| Ameriprise Financial Inc | 93,681 | $3.1M | 0.0% | −272 |
| Bank of New York Mellon Corp | 81,017 | $2.7M | 0.0% | +4,633 |
| DRW Securities, LLC | 75,223 | $2.5M | 0.1% | +61,867 |
| Tudor Investment Corp Et Al | 74,344 | $2.4M | 0.0% | New |
| Goldman Sachs Group Inc | 66,185 | $2.2M | 0.0% | −21,270 |
| Morgan Stanley | 65,838 | $2.2M | 0.0% | −55,670 |
| Schonfeld Strategic Advisors LLC | 65,371 | $2.1M | 0.0% | +1,267 |
| HITE Hedge Asset Management LLC | 60,543 | $2.0M | 0.1% | −236,605 |
| Renaissance Technologies LLC | 60,443 | $2.0M | 0.0% | +39,395 |
| Jpmorgan Chase & Co | 58,376 | $1.9M | 0.0% | +13,366 |
13F reports cover disclosed long positions in U.S. stocks only.
SEC filer profile
How Idaho Strategic Resources, Inc. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGARIdaho Strategic Resources, Inc.1
- CIK0001030192
- Employer ID (EIN)82-049029511
- Filer statusNon-accelerated filer not an emerging growth company; a smaller reporting company; not a shell company11
- Incorporated inIdaho11
- Fiscal year endsDecember 311
- Industry code (SIC)1040 Gold and Silver Ores1
- SEC reviewing officeOffice of Energy & Transportation, Division of Corporation Finance1
- Business address201 N. 3Rd Street, Coeur D'Alene, ID 838141
- Phone(208) 625-90011
- Shares outstanding15,826,170 as of Aug 1, 202610
- Public float$168.5M as of Jun 30, 202511
- AuditorAssure CPA, LLC, Spokane, Washington PCAOB ID 444; no auditor attestation of internal control over financial reporting11
- On EDGAR sinceJan 11, 20001
- Filings630 in all: 4 (204), 8-K (127), 10-Q (58), UPLOAD (25), 10QSB (19), 10-K (18), 144 (18), CORRESP (18)1
All 46 form types
D (17), 3 (16), DEF 14A (15), SC 13G/A (13), 10KSB (8), SC 13G (8), REGDEX (6), 4/A (4), SCHEDULE 13G (4), 10-12G/A (3), 10-K/A (3), 10KSB/A (3), 424B5 (3), 8-K/A (3), EFFECT (3), PRE 14A (3), S-3 (3), SC 13D/A (3), D/A (2), DEFA14A (2), REGDEX/A (2), S-3/A (2), SCHEDULE 13G/A (2), 10-12G (1), 10-Q/A (1), 10QSB/A (1), 10SB12G (1), 15-12G (1), 5 (1), 8-A12B (1), CERT (1), DEF 14C (1), NT 10-Q (1), PRE 14C (1), PRER14A (1), S-3ASR (1), S-8 (1), SC 13D (1)
- Latest filingsAnnual report (10-K) Mar 23, 2026
Quarterly report (10-Q) Aug 13, 2026
Proxy statement (DEF 14A) May 1, 2026
Latest 8-K (8-K) Aug 14, 2026
Securities registered for trading
| Class | Symbol | Exchange |
|---|---|---|
| Common Stock, No par value | IDR | NYSE |
From the cover page of the 10-K filed Mar 23, 2026 (Section 12(b) of the Exchange Act).11
Risk factors and legal proceedings
The risks Idaho Strategic Resources, Inc. names in Item 1A of its 10-K filed Mar 23, 2026: 45 risks under these headings, as written.11
- Financial Risks
- Diversity in application of accounting literature in the mining industry may impact reported financial results.
- The Company’s accounting and other estimates may be imprecise.
- You may lose all or part of your investment.
- Because the Company may never earn significant revenues from its mine operations or other diversified precious metal-based and strategic metal properties, the business may fail.
- The Company will not be successful unless it recovers precious or strategic metals and sells them for a profit.
- Cost estimates and timing of new projects are uncertain, which may adversely affect the Company’s expected production and profitability.
- The Company’s ability to execute its strategic plan depends on many factors, some of which are beyond its control.
- Risks Associated with Operations, Climate, Development, Exploration, and Acquisition Risks
- Exploration activities involve a high degree of risk, and exploratory drilling activities may not be successful.
- Transportation and weather interruptions may affect and delay proposed mining operations and impact the Company’s business plans.
- Supplies and equipment needed for exploration may not always be available. If the Company is unable to secure raw materials and exploration supplies, it may have to delay anticipated business operations.
The other 35 risks
- The mining industry is highly competitive and there is no assurance that the Company will continue to be successful in acquiring mineral properties, claims, or leases. If the Company cannot continue to acquire properties to explore for mineral resources, it may be required to reduce or cease exploration activity and/or operations.
- The estimation of the ultimate recovery of gold and other metals is subjective. Actual recoveries may vary from the Company’s estimates.
- Resource and other mineralized material statements are estimates only and are subject to uncertainty due to factors including metal prices, inherent variability of the mineral deposits and recoverability of metal in the mining and beneficiation processes.
- The Company’s mining and metal production depends on the availability of sufficient water supplies.
- The Company may experience increased costs or losses resulting from the hazards and uncertainties associated with mining.
- Climate change could negatively or positively impact the Company’s operations and financial performance.
- The Company’s operations are subject to a range of risks related to climate change and transitioning the business to meet regulatory, societal and investor expectations for operating in a low-carbon economy.
- Risks Related to the Company
- The cost of the Company’s exploration, development and acquisition activities is substantial, and there is no assurance that the quantities of minerals and metals discovered, acquired or recovered will justify commercial operations or replace reserves.
- The prices of gold and other strategic metals fluctuate on a regular basis and a downturn in price could negatively impact the Company’s operations and cash flow.
- The use of hedging instruments may not prevent losses being realized on subsequent price decreases or may prevent gains being realized from subsequent price increases.
- Competition from other mineral exploration and mining companies with greater resources may impact the Company.
- The construction of the Company’s mine(s) are subject to all of the risks inherent in start-up operations.
- The Company’s business requires substantial capital investment and it may be unable to raise additional funding on favorable terms.
- Owning real estate and water rights carries inherent risks.
- Illiquidity of real estate investments could significantly impede the Company’s ability to respond to changes in economic and other conditions.
- The Company may undertake joint ventures, investments, joint projects and other strategic alliances and such undertakings may be unsuccessful and may have an adverse effect on its business.
- The Company’s business depends on a limited number of key personnel, the loss of whom could have a negative impact.
- Legal, Regulatory and Compliance Risks
- The Company’s ability to execute its strategic plans depends upon success in obtaining a variety of required governmental approvals that may be opposed by third parties.
- The Company is subject to complex laws and regulations, including environmental regulations that can adversely affect the cost, manner or feasibility of doing business.
- The Company is subject to the Federal Mine Safety and Health Act of 1977 and regulations promulgated thereto, which impose stringent health and safety standards on numerous aspects of their operations.
- Regulations and pending legislation governing issues involving climate change could result in increased operating costs which could have a material adverse effect on the Company’s business.
- The Company’s activities are inherently hazardous and any exposure may exceed insurance limits or may not be insurable.
- The Company’s insurance and surety bonds for environmental-related issues are limited.
- The Company is subject to federal and state laws that require environmental assessments and the posting of bonds, which add significant costs to its operations and delays in its projects.
- The Company may be subject to litigation.
- Title claims against the Company’s properties could require compensation to parties making such claims, if successful, and divert management’s time from operations.
- The Company is exposed to global health, economic and market risks that are beyond its control, which could adversely affect financial results and capital requirements.
- Mineral operations are subject to applicable law and government regulation. Even if the Company discovers a mineral reserve in a commercially exploitable quantity, these laws and regulations could restrict or prohibit the exploitation of that mineral reserve. If the Company cannot exploit any mineral reserve that it might discover on its properties, its business may fail and you may lose your investment.
- The laws of the State of Idaho and the Company’s Articles of Incorporation may protect its directors from certain types of lawsuits.
- Risks Related to Investments in the Company’s Common Stock
- The price of the Company’s common stock has and may continue to fluctuate significantly, which could negatively affect the Company and holders of its common stock.
- If securities or industry analysts do not publish research, or publish inaccurate or unfavorable research about the Company, its stock price and trading volume could decline.
- The Company does not expect to pay any cash dividends for the foreseeable future.
- The Company may issue additional common stock or other equity securities in the future that could dilute the ownership interest of existing shareholders.
- If a large number of shares of the Company’s common stock are sold in the public market, the sales could reduce the trading price of its common stock and impede the ability to raise future capital.
- Risks Related to Cybersecurity
- The Company’s information technology systems may be vulnerable to cyber-attack or other disruption, which could place its systems at risk for data loss, operational failure, or compromise of confidential information.
Sources
The numbers on this page point here. Each one links to the record it came from.
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- 16SEC EDGARJohn Swallow, President
- 17SEC EDGARFred W. Brackebusch, President
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- 19SEC EDGARRobert John Morgan, V.P. Exploration
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- 21SEC EDGARGrant A. Brackebusch, Vice President
- 22SEC EDGARTina L. Brackebusch, Secretary
- 23SEC EDGARCarolyn S. Turner, Board member
- 24SEC EDGARRichard Scott Beaven, Board member
- 25SEC EDGARDelbert W. Steiner, Board member
- 26SEC EDGARIvan R. Linscott, Board member
- 27SEC EDGARM. Kathleen Sims, Board member
- 28SEC EDGARWilliam C. Rust, Board member
- 29
- 30SEC EDGARRegulation FD disclosure
- 31SEC EDGARShareholder vote
- 32SEC EDGARChange of auditor
- 33SEC EDGARRegulation FD disclosure
- 34SEC EDGARRegulation FD disclosure
- 35SEC EDGARRegulation FD disclosure
- 36SEC EDGAREntered a material agreement
- 37SEC EDGARRegulation FD disclosure
- 38SEC EDGARShareholder vote
- 39SEC EDGARRegulation FD disclosure
- 40SEC EDGARRegulation FD disclosure
- 41SEC EDGARRegulation FD disclosure
- 42NasdaqNasdaq calendar
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