Every material Form 8-K Idaho Strategic Resources, Inc. has filed with the SEC since May 14, 2026, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
Idaho Strategic Resources reported second-quarter 2026 revenue of $10,732,335, up 13.25% from a year earlier, with net income attributable to the company up 31.95% to $3,651,596. The company said a wildfire halted milling at its New Jersey mill for about a week in June and that a change in mining method and grade variations affected the quarter, and all-in sustaining cost per ounce rose 16.08% to $2,261.81.
Revenue was $10,732,335 for Q2 2026, up 13.25% from $9,476,739 in Q2 2025.
Net income attributable to IDR was $3,651,596, up 31.95%; EPS was $0.23 versus $0.20.
Average flotation feed grade fell 20.86% to 7.89 gpt; ounces produced rose 1.23% to 3,047.
All-in sustaining cost per ounce rose 16.08% to $2,261.81; average realized gold price was $4,277.53, up 32.70%.
Idaho Strategic Resources said its independent auditor, Assure CPA, LLC, merged into Sadler, Gibb & Associates, LLC and ceased operations as a public accounting firm, so it resigned. The Audit Committee approved Sadler, Gibb as the new auditor for the fiscal year ending December 31, 2026, and the filing reports no disagreements or reportable events with the former auditor.
Assure CPA, LLC was notified to the company on June 3, 2026, and resigned as the independent registered public accounting firm.
The Audit Committee approved the change on June 5, 2026, engaging Sadler, Gibb & Associates, LLC for fiscal 2026.
Assure CPA's audit reports for fiscal 2024 and 2025 contained no adverse or disclaimer opinion and were not qualified or modified.
Exhibit 16.1 is a letter from Assure CPA, LLC dated June 5, 2026.
Idaho Strategic Resources reported record first-quarter 2026 results for the period ended March 31, 2026, in a press release furnished under Item 7.01. Revenue, net income attributable to the company and earnings per share all rose sharply from the year-earlier quarter, though all-in sustaining cost per ounce also increased and the company plans to capitalize a portion of exploration expenses quarterly going forward.
Revenue rose 98.97% to $14,482,286 from $7,278,536 a year earlier.
Net income attributable to the company was $6,387,992, up 297.02% from $1,608,979; EPS was $0.40 versus $0.12.
All-in sustaining cost per ounce rose 30.55% to $1,868.07 from $1,430.90.
The company capitalized approximately $960,713 of core drilling costs at the Golden Chest, compared with $0 in the prior-year period.
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