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Idaho Strategic Reports Second Quarter 2024 Operating and Financial Performance

Idaho Strategic Reports Second Quarter 2024 Operating and Financial Performance

愛達荷州2024年第二季度運營及財務績效戰報
Accesswire ·  07/30 06:30

Highlighted by an 89.26% Increase in Revenue and a 558.30% Increase in Net Income - IDR's 6-Month Net Income in 2024 is Nearly 4x Last Year's Total Net Income

營業收入增長89.26%,淨利潤增長558.30%——2024年IDR的淨利潤接近去年的四倍

COEUR D'ALENE, ID / ACCESSWIRE / July 30, 2024 / Idaho Strategic Resources, Inc. (NYSE American:IDR) ("IDR", "Idaho Strategic" or the "Company") today announced its consolidated operating and financial results for the second quarter ending June 30, 2024. IDR achieved an 89.26% increase in revenue and a 558.30% increase in net income compared to the second quarter of 2023. Key highlights include:

愛達荷戰略資源公司(NYSE美國股票代碼:IDR,簡稱“IDR”、“愛達荷戰略”或“公司”)今天發佈了2024年第二季度的財務數據。IDR營業收入增長89.26%,淨利潤增長558.30%與2023年第二季度相比。關鍵亮點如下:

Operational
Performance:

Q2 2024

% Change

Q2 2023

Ore Tonnes Processed

9,260

-20.91%%

11,708

Average Flotation Feed Grade (gpt)

10.29

40.77%

7.31

Ounces Produced

2,903

34.99%

2,152

All-In Sustaining Cost Per Ounce ($USD)

$ 1,319.40

17.66%

$ 1,121.39

運營
績效表現:

2024年第二季度

% 變化

2023年第二季度

處理礦石噸數

9,260

-20.91%

11,708

平均浮選加工品位 (gpt)

10.29

40.77%

7.31

生產盎司數

2,903

34.99%

2152

每盎司綜合維持成本(美元指數)

$1,319.40

17.66%

$1,121.39

Financial
Performance ($USD):

Q2 2024

% Change

Q2 2023

Revenue

$ 6,125,382

89.26%

$ 3,236,515

Total Cost of Sales

$ 3,051,957

24.93%

$ 2,442,932

Gross Profit

$ 3,073,425

287.28%

$ 793,583

Net Income Attributable to IDR

$ 2,157,873

558.30%

$ 327,793

Earnings Per Share (EPS)

$ 0.17

466.67%

$ 0.03

金融
表現(美元指數):

2024年第二季度

% 變化

2023年第二季度

營業收入

$6,125,382

89.26%

$3,236,515

銷售總成本

$3,051,957

24.93%

$2,442,932

毛利潤

$3,073,425

287.28%

$793,583

歸屬IDR的淨利潤

$2,157,873

558.30%

$327,793

每股收益(EPS)

$0.17

466.67%

$0.03

Idaho Strategic's CEO and President, John Swallow stated, "Our folks did a great job during the second quarter. We have a lot going on (in addition to daily activities) - underground and surface drilling at the Golden Chest, pad and road construction for the paste backfill plant, power upgrade underway, paste plant structure and equipment ordered, upcoming drill program at Eastern Star in September, added two geologists and seasonal help to our staff, and possibly one or two other items on deck. Not to mention that the macro picture seems to be evolving more and more toward our business plan. In alignment with our discretionary 'win as we go' approach to compensation, each employee, officer, and director earned another quarterly 'paycheck bonus' on top of the normal pay structure."

Idaho Strategic的CEO兼總裁John Swallow表示:“在第二季度期間,我們的員工們做得非常出色。除了日常活動外,我們還進行了金寶藏區地下和地表鑽探,進行了糊狀填充工廠的板坯和道路施工,電力升級正在進行中,糊狀填充工廠的結構和設備已經訂購,將於9月在東方之星進行鑽探項目,向我們的員工、軍官和董事提供季度“薪酬獎金”,除了正常薪酬結構之外。”

Golden Chest Highlights for Q2 2024 Include:

2024年第二季度黃金之箱的亮點包括:

  • At the Golden Chest, ore mined from underground stopes totaled approximately 11,500 tonnes with all of the tonnage coming from H-Vein stopes. A significant stockpile of ore was built up at the mill by the end of the quarter.

  • A total of 3,230 cubic meters of cemented rockfill ("CRF") were placed during the quarter, which is a new quarterly record. The Main Access Ramp ("MAR") and associated drifts and raises were advanced by about 100 meters during the quarter.

  • For the quarter ended June 30, 2024, a total of 9,260 dry metric tonnes ("dmt") were processed at the Company's New Jersey mill with a flotation feed head grade of 10.29 gpt gold and gold recovery of 93.6%.

  • An exploration program consisting of both underground and surface core drilling was started in the second quarter. Underground drilling was focused on exploring the Klondike area and the projected northerly strike of the H-vein. Surface drilling was started in Butte Gulch with plans to move to the northern area of the Golden Chest in the third quarter.

  • 在黃金之箱,從H- Vein stopes開採的礦石總量約爲11,500噸,所有噸位都輸送到了磨機。截至季度底,該廠積攢了大量礦石庫存。

  • 季度期間,總共放置了3,230立方米的膠凝碎石(CRF),創下新的季度記錄。主通道斜坡(MAR)及相關巷道和提升井在該季度推進了約100米。

  • 截至2024年6月30日的季度,公司在新澤西州的磨機總共加工了9,260幹磅(“dmt”)的原料,浮選進料品位爲10.29 gpt黃金,黃金回收率爲93.6%。

  • 第二季度開展了既有地下鑽探,又有表層取芯鑽探的勘探項目。地下鑽探重點是探索克隆達克(Klondike)區域和H脈潛在的北行走向。表層鑽探開始於Butte Gulch,計劃在第三季度移至黃金之箱的北部地區。

Rare Earth Highlights for Q2 2024 Include:

2024年第二季度稀土亮點包括:

  • Continued discussions with various laboratories, universities, and partners to advance our understanding of Idaho's rare earth mineralogy and broader mineral endowment.

  • 繼續與各實驗室、高校和合作夥伴進行討論,以促進對愛達荷州的稀土礦物學和更廣泛的礦產儲量的了解。

Mr. Swallow concluded, "I am not sure where I saw or heard the phrase that bees don't waste their time explaining to flies that honey is better than sh*t, but we now receive considerably less unsolicited 'advice' from those that hadn't built a producer 10 years ago, and still haven't as of today. As I reflected on the discussion around this record quarter, I found myself concurring with those that describe the feeling of the early days as when you have a lot of music to make yet haven't any instruments and only sounds in your head. Compared to now (as a result of our approach) having the luxury to produce the albums you want to make and the song selection is yours. And I am sure Rob and Grant feel the same way; although Grant with a few more expletives and a heck of a lot less external reflection and Rob with a wistful story of sleeping out in front of the core shack, not making any money and still as enthusiastic as ever. Production and minding costs are always within our daily focus... And when you control the part you can control, sometimes the part you cannot control becomes part of the reward."

斯沃洛先生總結道: "我不知道我在哪裏看到或聽到的這句話,蜜蜂不浪費時間向蒼蠅解釋蜂蜜比屁好,但我們現在收到的未經請求的“建議”顯著減少了。十年前他們沒有碩許可證,到現在也沒有。當我回顧這個記錄季度的討論時,我發現自己贊同那些把早期感覺描述爲你有很多音樂要創作,卻沒有任何樂器,只有在你的腦子裏出現的聲音。與現在相比(由於我們的方法),你有時間製作你想製作的專輯和你選擇的歌曲。我相信羅布和格蘭特也有同樣的感覺; 雖然格蘭特口中帶有一些粗口,外部反應很少,而羅布則以在鑽探井前睡覺的幽默故事爲特色,沒有賺到任何錢,但仍然充滿熱情。生產和成本控制始終是我們每天關注的重點...當你掌控了自己可以掌控的部分時,有時你不能掌控的部分就成爲了回報的一部分。"

Notes accompanying the financial statements below can be found in the Company's quarterly report filed this morning with the SEC on EDGAR.

附在下面的基本報表註釋可在該公司今晨在EDGAR上提交的季報中找到。

Qualified person

合格人員

IDR's Vice President, Grant A. Brackebusch, P.E. is a qualified person as such term is defined under S-K 1300 and has reviewed and approved the technical information and data included in this press release.

IDR的副總裁,工程師格蘭特A.布拉克布什是根據S-k 1300定義的合格人員,已經審查並批准了包含在本新聞稿中的技術信息和數據。

About Idaho Strategic Resources, Inc.

關於愛達荷戰略資源公司

Idaho Strategic Resources (IDR) is an Idaho-based gold producer which also owns the largest rare earth elements land package in the United States. The Company's business plan was established in anticipation of today's volatile geopolitical and macroeconomic environment. IDR finds itself in a unique position as the only publicly traded company with growing gold production and significant blue-sky potential for rare earth elements exploration and development in one Company.

愛達荷戰略資源公司(IDR)是一家總部位於愛達荷州的黃金生產商,也擁有美國最大的稀土元素土地包。該公司的商業計劃是爲了應對當今動盪的地緣政治和宏觀經濟環境而制定的。 IDR發現自己處於獨特的位置,因爲它是唯一一傢俱有增長的黃金生產和重要的稀土探索和開發藍天潛力的上市公司。

For more information on Idaho Strategic Resources, visit , go to or call:

有關愛達荷戰略資源的更多信息,請訪問,轉到或致電:

Travis Swallow, Investor Relations & Corporate Development
Email: tswallow@idahostrategic.com
Phone: (208) 625-9001

Travis Swallow,投資者關係和企業發展
電子郵件:tswallow@idahostrategic.com
電話:(208)625-9001

Idaho Strategic Resources, Inc.
愛達荷戰略資源公司。
Condensed Consolidated Statements of Operations (Unaudited)
未經審計的簡短綜合業績表(未經審計)
For the Three and Six-Month Periods Ended June 30, 2024 and 2023
截至2024年6月30日和2023年6月30日的三個月和六個月

June 30, 2024

June 30, 2023

Three
Months
Six
Months

Three Months

Six Months

Revenue:
Sales of products

$

6,125,382

$

12,024,320

$

3,236,515

$

6,578,111

Total revenue

6,125,382

12,024,320

3,236,515

6,578,111

Costs of Sales:
Cost of sales and other direct production costs

2,596,027

5,154,940

2,099,890

4,247,850

Depreciation and amortization

455,930

957,718

343,042

671,079

Total costs of sales

3,051,957

6,112,658

2,442,932

4,918,929

Gross profit

3,073,425

5,911,662

793,583

1,659,182

Other operating expenses:
Exploration

620,056

887,904

207,369

480,811

Management

90,313

199,413

55,568

124,479

Professional services

84,982

239,226

123,238

364,043

General and administrative

179,456

340,119

123,765

387,063

(Gain) loss on disposal of equipment

3,022

7,431

(6,344) (224)
Total other operating expenses

977,829

1,674,093

503,596

1,356,172

Operating income

2,095,596

4,237,569

289,987

303,010

Other (income) expense:
Equity (income) loss on investment in Buckskin Gold and Silver, Inc

1,589

(278) (1,007) (1,357)
Timber revenue net of costs
(6,049) (19,406)

-

(20,724)
Loss on investment in equity securities

-

453

2,880

2,880

Gain on short term investments
(21,862) (21,862)

-

-

Interest income
(38,606) (58,241) (18,756) (37,693)
Interest expense

25,602

46,167

11,048

19,896

Total other (income) expense
(39,326) (53,167) (5,835) (36,998)
Net income

2,134,922

4,290,736

295,822

340,008

Net loss attributable to non-controlling interest
(22,951) (38,246) (31,971) (48,384)
Net income attributable to Idaho Strategic Resources, Inc.

$

2,157,873

$

4,328,982

$

327,793

$

388,392

Net income per common share-basic

$

0.17

$

0.34

$

0.03

$

0.03

Weighted average common share outstanding-basic

12,836,205

12,674,789

12,256,523

12,228,844

Net income per common share-diluted

$

0.17

$

0.34

$

0.03

$

0.03

Weighted average common shares outstanding- diluted

13,043,026

12,904,998

12,259,438

12,232,638

2024年6月30日

2023年6月30日

3
月份
月份

三個月

六個月

營業收入:
產品銷售額

$

6,125,382

$

12,024,320

$

3,236,515

$

6,578,111

總收入

6,125,382

12,024,320

3,236,515

6,578,111

銷售成本:
銷售成本和其他直接生產成本

2,596,027

5,154,940

2,099,890

4,247,850

折舊和攤銷

455,930

957,718

343,042

671,079

總銷售成本

3,051,957

6,112,658

2,442,932

4,918,929

毛利潤

3,073,425

5,911,662

793,583

1,659,182

其他營業費用:
勘探

620,056

887,904

207,369

480,811

管理層

90,313

199,413

55,568

124,479

專業服務

84,982

239,226

123,238

364,043

普通和管理

179,456

340,119

123,765

387,063

(設備)處置的損益

3,022

7,431

(6,344) (224)
其他營業費用

977,829

1,674,093

503,596

1,356,172

營業利潤

2,095,596

4,237,569

289,987

303,010

其他收入/費用:
投資Buckskin黃金和白銀公司的股權(收益)損失

1,589

(278) (1,007) (1,357)
木材營業收入淨額
(6,049) (19,406)

-

(20,724)
股權證券投資虧損

-

453

2,880

2,880

短期投資收益
(21,862) (21,862)

-

-

利息收入
(38,606) (58,241) (18,756) (37,693)
利息費用

25,602

46,167

11,048

19,896

其他費用(收益)合計
(39,326) (53,167) (5,835) (36,998)
淨收入

2,134,922

4,290,736

295,822

340,008

歸屬於少數股東的淨虧損
(22,951) (38,246) (31,971) (48,384)
Idaho Strategic Resources,Inc.淨利潤

$

2,157,873

$

4,328,982

$

327,793

$

388,392

基本每股淨收益

$

0.17

$

0.34

$

0.03

$

0.03

基本普通股股份數量加權平均值

12,836,205

12,674,789

12,256,523

12,228,844

每股普通股攤薄後淨收益

$

0.17

$

0.34

$

0.03

$

0.03

加權平均稀釋後普通股份

13,043,026

12,904,998

12,259,438

12,232,638

Idaho Strategic Resources, Inc.
Condensed Consolidated Balance Sheets (Unaudited)

愛達荷戰略資源公司。
彙編的資產負債表(未經審計)

June 30,
2024
December 31,
2023
ASSETS
Current assets:
Cash and cash equivalents

$

1,801,257

$

2,286,999

Short term investments

6,344,725

-

Gold sales receivable

1,516,514

1,038,867

Inventories

766,612

876,681

Joint venture receivable

1,413

2,080

Investment in equity securities

-

5,649

Other current assets

172,036

236,837

Total current assets

10,602,557

4,447,113

Property, plant and equipment, net of accumulated depreciation

10,492,298

10,233,640

Mineral properties, net of accumulated amortization

9,459,771

7,898,878

Investment in Buckskin Gold and Silver, Inc

339,047

338,769

Investment in joint venture

435,000

435,000

Reclamation bond

256,310

251,310

Deposits

600,267

285,079

Total assets

$

32,185,250

$

23,889,789

LIABILITIES AND STOCKHOLDERS' EQUITY
Current liabilities:
Accounts payable and accrued expenses

$

732,832

$

484,221

Accrued payroll and related payroll expenses

286,187

266,670

Notes payable, current portion

745,132

978,246

Total current liabilities

1,764,151

1,729,137

Asset retirement obligations

295,874

286,648

Notes payable, long term

1,985,742

1,338,406

Total long-term liabilities

2,281,616

1,625,054

Total liabilities

4,045,767

3,354,191

Commitments Notes 5 and 9

-

-

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; June 30, 2024-12,958,574 and December 31, 2023- 12,397,615 shares issued and outstanding

38,264,643

34,963,739

Accumulated deficit
(12,881,656) (17,210,638)
Total Idaho Strategic Resources, Inc stockholders' equity

25,382,987

17,753,101

Non-controlling interest

2,756,496

2,782,497

Total stockholders' equity

28,139,483

20,535,598

Total liabilities and stockholders' equity

$

32,185,250

$

23,889,789

2020年6月30日
2024
12月31日
2023
資產
流動資產:
現金及現金等價物

$

1,801,257

$

2,286,999

短期投資

6,344,725

-

黃金銷售應收款

1,516,514

1,038,867

存貨

766,612

876,681

合營公司應收款

1,413

2,080

股權投資

-

5,649

其他資產

172,036

236,837

總流動資產

10,602,557

4,447,113

房地產、設備,減去累計折舊

10,492,298

10,233,640

礦產物業,減去累計攤銷

9,459,771

7,898,878

投資於Buckskin Gold and Silver, Inc

339,047

338,769

創業公司投資

435,000

435,000

再生債券

256,310

251,310

存款

600,267

285,079

總資產

$

32,185,250

$

23,889,789

負債和股東權益
流動負債:
應付賬款及應計費用

$

732,832

$

484,221

應計工資及相關工資支出

286,187

Faraday Future Intelligent Electric Inc.(以下簡稱“公司”)向證券交易委員會(以下簡稱“SEC”)提交本《10-K / A表格》第二次修正案(以下簡稱“ 10-K / A”) ),報告截至2023年12月31日的財政年度,最初於2024年5月28日提交,於2024年5月30日修正(以下簡稱“原始提交”)。

應付票據,短期部分

745,132

978,246

流動負債合計

1,764,151

1,729,137

資產養老責任

295,874

286,648

應付款項,長期

1,985,742

1,338,406

長期負債總額

2,281,616

1,625,054

負債合計

4,045,767

3,354,191

履約承諾 5 號和 9 號注:原文爲英文,已翻譯。

-

-

股東權益:
優先股,無面值,授權 1,000,000 股;未發行或流通股票。

-

-

普通股,無面值,授權 2 億股;2024 年 6 月 30 日 - 發行和流通股票爲 12,958,574 股,2023 年 12 月 31 日爲 12,397,615 股(原文中小數點格式爲 “-”)。

38,264,643

34,963,739

累積赤字
(12,881,656) (17,210,638)
Total Idaho Strategic Resources 公司股東權益

25,382,987

17,753,101

非控制權益

2,756,496

2,782,497

股東權益合計

28,139,483

20,535,598

負債和股東權益合計

$

32,185,250

$

23,889,789

Forward Looking Statements

前瞻性聲明

This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended that are intended to be covered by the safe harbor created by such sections. Often, but not always, forward-looking information can be identified by forward-looking words such as "intends", "potential", "believe", "plans", "expects", "may", "goal', "assume", "estimate", "anticipate", and "will" or similar words suggesting future outcomes, or other expectations, beliefs, assumptions, intentions, or statements about future events or performance. Forward-looking information includes, but are not limited to, Idaho Strategic Resources' potential to deliver Q3 2024 financial performance that is in-line, better, or worse than Q2 2024, the potential for the Company to initiate and complete additional capital investments that may or may not lead to increased production, the Company's plans to increase its exploration and development efforts, the potential for Idaho Strategic's operations to remain profitable in Q3 2024, the potential for ongoing and future drilling and exploration work to yield positive results, the potential for the Company's planned power upgrades to be completed on time and on budget, the potential for the Company to complete a drill program at Eastern Star this year, and the potential monetary and operational benefits of implementing the paste backfill system. Forward-looking information is based on the opinions and estimates of Idaho Strategic Resources as of the date such information is provided and is subject to known and unknown risks, uncertainties, and other factors that may cause the actual results, level of activity, performance, or achievements of IDR to be materially different from those expressed or implied by such forward-looking information. Investors should note that IDR's claim as the largest rare earth elements landholder in the U.S. is based on the Company's internal review of publicly available information regarding the rare earth landholdings of select companies within the U.S., which IDR is aware of. Investors are encouraged not to rely on IDR's claim as the largest rare earth elements landholder in the U.S. while making investment decisions. The forward-looking statement information above, and those following are applicable to both this press release, as well as the links contained within this press release. With respect to the business of Idaho Strategic Resources, these risks and uncertainties include risks relating to widespread epidemics or pandemic outbreaks; interpretations or reinterpretations of geologic information; the accuracy of historic estimates; unfavorable exploration results; inability to obtain permits required for future exploration, development or production; general economic conditions and conditions affecting the industries in which the Company operates; the uncertainty of regulatory requirements and approvals; fluctuating mineral and commodity prices; the ability to obtain necessary future financing on acceptable terms; the ability to operate the Company's projects; and risks associated with the mining industry such as economic factors (including future commodity prices, and energy prices), ground conditions, failure of plant, equipment, processes and transportation services to operate as anticipated, environmental risks, government regulation, actual results of current exploration and production activities, possible variations in ore grade or recovery rates, permitting timelines, capital and construction expenditures, reclamation activities. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated, or intended. Readers are cautioned not to place undue reliance on such information. Additional information regarding the factors that may cause actual results to differ materially from this forward‐looking information is available in Idaho Strategic Resources filings with the SEC on EDGAR. IDR does not undertake any obligation to update publicly or otherwise revise any forward-looking information whether as a result of new information, future events or other such factors which affect this information, except as required by law.

本公告包含“前瞻性語句”,其意圖在於由1933年修正案修正的證券法第27條和由1934年修正案修正的證券交易法第21條所創造的安全港。 往往,但並非總是,前瞻性信息可由前瞻性字詞諸如“意圖”,“潛力”,“相信”,“計劃”,“預計”,“目標”,“假設”,“估計”,“預計”和“將要”或類似的字詞,表明未來的結果或其他期望、信仰、假設、意圖或關於未來事件或績效的陳述。前瞻性信息包括但不限於:Idaho Strategic Resources有潛力提供符合、超過或低於Q2 2024的Q3 2024財務業績,公司可能發起並完成附加的資本投資,這些投資可能會導致產量增加,公司計劃增加其勘探和開發工作,Idaho Strategic的運營有可能在Q3 2024保持盈利,持續和未來的鑽探和勘探工作有可能產生積極的結果,公司計劃的電力升級有可能按時完成和按預算完成,公司有可能在今年在東方之星完成鑽探計劃,以及實施板塊背景下實施粘土回填系統的潛在貨幣和運營收益。前瞻性信息是根據Idaho Strategic Resources在提供此類信息時的意見和估計基礎,並且受到已知和未知風險、不確定性和其他因素的影響,這些因素可能導致IDR的活動水平、績效或成就與前瞻性信息所表達或默示的不同。投資者應該注意,IDR聲稱擁有美國最大的稀土元素土地保有量是基於公司對美國內部部分公司稀土土地保有量的公開可獲得信息進行的內部審查,IDR知悉其中。投資者在做出投資決策時不應依賴IDR聲稱是美國最大的稀土元素土地保有者。上述前瞻性聲明信息以及以下內容適用於本新聞稿以及本新聞稿中包含的鏈接。關於Idaho Strategic Resources的業務,這些風險和不確定性包括與大範圍流行或流行病爆發有關的風險;地質信息的解釋或重新解釋;歷史估計的準確性;不利的勘探結果;無法獲得未來勘探、開發或生產所需的許可證;總體經濟狀況以及影響公司所處行業的條件;知其己的監管要求和批准的不確定性;礦物和商品價格的波動;以可接受條件獲得必要的未來融資的能力;能夠操作公司的項目;以及與採礦行業有關的風險,如經濟因素(包括未來商品價格和能源價格)、地面條件、植物、設備、過程和運輸服務無法按預期運行、環境風險、政府監管、目前勘探和生產活動的實際結果、礦石品位或回收率可能的變化,許可時間表、資本和建造支出、廢棄物清理活動。雖然公司嘗試識別可能導致實際結果與前瞻性信息不同的重要因素,但可能會有其他因素導致結果不如預期、估計或意圖。讀者應當謹慎對待此類信息,不應過度依賴此類信息。除法律規定外,IDR不承擔更新此信息的公開或其他修改任何前瞻性信息的義務。

SOURCE: Idaho Strategic Resources, Inc.

來源:Idaho Strategic Resources,Inc。


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