<span item_type="fundamental" item_id="e5e5ca8049011a78e9cb48478b9369cc" counter_id="ST/US/IDR" env="prod"></span><span item_type="announcement" item_id="582080590126062209" env="prod"></span><p>Revenue: As of FY2025 Q3, the actual value is USD 11.08 M, beating the estimate of USD 9.4 M.</p><p>EPS: As of FY2025 Q3, the actual value is USD 0.2, beating the estimate of USD 0.19.</p><p>EBIT: As of FY2025 Q3, the actual value is USD 2.231 M.</p><p></p><h3>Gross Profit</h3><ul><li>Gross profit for the three-month period ended September 30, 2025, was $7,047,405, with a gross margin of 63.6%, up from 48.7% in the same period in 2024. For the nine-month period, gross profit was $16,221,277, with a margin of 58.3%, compared to 49.0% in 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1030192/000165495425012922/idr_10q.htm"></span></li></ul><h3>Operating Income</h3><ul><li>Operating income for the three-month period ended September 30, 2025, was $2,593,970, an increase of 80.2% from the same period in 2024. For the nine-month period, operating income was $6,512,098, a 14.7% increase compared to 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1030192/000165495425012922/idr_10q.htm"></span></li></ul><h3>Net Income</h3><ul><li>Net income for the three-month period ended September 30, 2025, was $2,960,340, an 88.4% increase compared to the same period in 2024. For the nine-month period, net income was $7,292,163, a 24.4% increase compared to 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1030192/000165495425012922/idr_10q.htm"></span></li></ul><h3>Cash Flow</h3><ul><li>Net cash provided by operating activities for the nine-month period ended September 30, 2025, was $8,355,889, compared to $7,686,400 in 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1030192/000165495425012922/idr_10q.htm"></span></li><li>Net cash used by investing activities was -$32,792,837, compared to -$9,364,394 in 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1030192/000165495425012922/idr_10q.htm"></span></li><li>Net cash provided by financing activities was $27,113,731, compared to $7,783,551 in 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1030192/000165495425012922/idr_10q.htm"></span></li></ul><h3>Unique Metrics</h3><ul><li>Cash cost per ounce for the three and nine-month periods ended September 30, 2025, increased by $315.26 and $174.98 per ounce, respectively, compared to the same periods in 2024.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1030192/000165495425012922/idr_10q.htm"></span></li><li>Adjusted all-in sustaining costs without exploration expenses were $1,468.75 and $1,271.85 per ounce for the three and nine-month periods ended September 30, 2025, respectively.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1030192/000165495425012922/idr_10q.htm"></span></li></ul><h3>Future Outlook and Strategy</h3><ul><li><strong>Core Business Focus</strong>: Idaho Strategic Resources, Inc. plans to continue growing production at the Golden Chest Mine and reinvest cash flow into the Golden Chest, the New Jersey Mill, and further exploration efforts near the Golden Chest and its REE properties.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1030192/000165495425012922/idr_10q.htm"></span></li><li><strong>Non-Core Business</strong>: The company is expanding into REE exploration, with projects in Idaho, and aims to leverage its first-mover advantage in the domestic critical minerals supply chain.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1030192/000165495425012922/idr_10q.htm"></span></li></ul>

Idaho Strategic Resources | 10-Q: FY2025 Q3 Revenue Beats Estimate at USD 11.08 M