Idaho Strategic Resources Inc
For the period ended Dec 31, 2023. Filed Mar 25, 2024.
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FY2023 · Filed Mar 25, 2024
IDR$20.56-7.5%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Balance Sheets, December 31, 2023 and 2022
Consolidated Balance Sheets
December 31, 2023 and 2022
| 2023 | 2022 | |
|---|---|---|
| ASSETS | ||
| Current assets: | ||
| Cash and cash equivalents | $2,286,999 | $1,638,031 |
| Gold sales receivable | 1,038,867 | 909,997 |
| Inventories | 876,681 | 618,313 |
| Joint venture receivable | 2,080 | 1,926 |
| Investment in equity security | 5,649 | - |
| Other current assets | 236,837 | 192,025 |
| Total current assets | 4,447,113 | 3,360,292 |
| Property, plant and equipment, net of accumulated depreciation | 10,484,457 | 9,923,386 |
| Mineral properties, net of accumulated amortization | 7,648,061 | 6,527,561 |
| Investment in Buckskin Gold and Silver | 338,769 | 334,252 |
| Investment in joint venture | 435,000 | 435,000 |
| Reclamation bonds | 251,310 | 327,020 |
| Deposits | 285,079 | 76,110 |
| Total assets | $23,889,789 | $20,983,621 |
| LIABILITIES AND STOCKHOLDERS’ EQUITY | ||
| Current liabilities: | ||
| Accounts payable and accrued expenses | $484,221 | $579,541 |
| Accrued payroll and related payroll expenses | 266,670 | 179,149 |
| Notes payable related parties, current portion | - | 12,226 |
| Notes payable, current portion | 978,246 | 859,393 |
| Total current liabilities | 1,729,137 | 1,630,309 |
| Asset retirement obligations | 286,648 | 262,217 |
| Notes payable related parties, long term | - | 62,957 |
| Notes payable, long term | 1,338,406 | 1,315,068 |
| Total long-term liabilities | 1,625,054 | 1,640,242 |
| Total liabilities | 3,354,191 | 3,270,551 |
| Commitments and Contingencies (Note 5 and 12) | - | - |
| Stockholders’ equity: | ||
| Preferred stock, no par value, 1,000,000 shares authorized; no shares issued or outstanding | - | - |
| Common stock, no par value, 200,000,000 shares authorized; 12,397,615 and 12,098,070 shares issued and outstanding, respectively | 34,963,739 | 33,245,622 |
| Accumulated deficit | (17,210,638) | (18,368,384) |
| Total Idaho Strategic Resources, Inc. stockholders’ equity | 17,753,101 | 14,877,238 |
| Non-controlling interest | 2,782,497 | 2,835,832 |
| Total stockholders’ equity | 20,535,598 | 17,713,070 |
| Total liabilities and stockholders’ equity | $23,889,789 | $20,983,621 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.