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AI brief of an SEC Form 8-K · Idaho Strategic Resources, Inc. (IDR)

Idaho Strategic Q1 revenue rises 98.97% to $14.5 million; net income $6.4 million

Positive Impact 3 of 5 earnings Written later

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.

Key points

  • 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.

The filing

CompanyIdaho Strategic Resources, Inc. (IDR)
Form8-K, current report
Filed with the SECMay 14, 2026, 4:18 PM ET
Accession number0001654954-26-004897

Items reported: 7.01 Regulation FD Disclosure

Read the filing on SEC.gov ↗

Written by AI on Nov 9, 2026, 8:28 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on May 14, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.