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Side-by-side financial comparison of Idaho Strategic Resources, Inc. (IDR) and SWK Holdings Corp (SWKH). Click either name above to swap in a different company.
Idaho Strategic Resources, Inc. is the larger business by last-quarter revenue ($14.6M vs $8.7M, roughly 1.7× SWK Holdings Corp). On growth, Idaho Strategic Resources, Inc. posted the faster year-over-year revenue change (92.0% vs -29.7%). SWK Holdings Corp produced more free cash flow last quarter ($26.8M vs $8.2M). Over the past eight quarters, Idaho Strategic Resources, Inc.'s revenue compounded faster (57.2% CAGR vs -12.5%).
Idaho Strategic Resources, Inc.IDREarnings & Financial Report
Idaho Strategic Resources, Inc. is a U.S.-based natural resource company focused on the exploration, development, and production of critical and strategic minerals. Primarily operating in Idaho, it targets rare earth elements, gold, silver, and other high-demand minerals, supplying products to the clean energy, defense, and industrial manufacturing sectors across North America.
SWK Holdings Corp is a specialty finance firm focused on the healthcare and life sciences sectors. It provides tailored financing solutions including royalty monetization, structured debt, and asset-backed lending to biotech, pharmaceutical, medical device and diagnostic companies, with its core market centered in North America.
IDR vs SWKH — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $14.6M | $8.7M |
| Net Profit | $9.4M | $-19.4M |
| Gross Margin | 68.5% | — |
| Operating Margin | 62.4% | 9.9% |
| Net Margin | 64.3% | — |
| Revenue YoY | 92.0% | -29.7% |
| Net Profit YoY | 220.6% | -430.2% |
| EPS (diluted) | $0.62 | $-1.59 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $14.6M | $8.7M | ||
| Q3 25 | $11.1M | $10.9M | ||
| Q2 25 | $9.5M | $10.1M | ||
| Q1 25 | $7.3M | $11.8M | ||
| Q4 24 | $7.6M | $12.4M | ||
| Q3 24 | $6.2M | $10.4M | ||
| Q2 24 | $6.1M | $10.8M | ||
| Q1 24 | $5.9M | $11.4M |
| Q4 25 | $9.4M | $-19.4M | ||
| Q3 25 | $3.0M | $8.8M | ||
| Q2 25 | $2.8M | $3.5M | ||
| Q1 25 | $1.6M | $4.5M | ||
| Q4 24 | $2.9M | $5.9M | ||
| Q3 24 | $1.6M | $3.5M | ||
| Q2 24 | $2.2M | $3.7M | ||
| Q1 24 | $2.2M | $468.0K |
| Q4 25 | 68.5% | — | ||
| Q3 25 | 63.6% | — | ||
| Q2 25 | 57.8% | — | ||
| Q1 25 | 50.8% | — | ||
| Q4 24 | 53.3% | — | ||
| Q3 24 | 48.7% | — | ||
| Q2 24 | 50.2% | — | ||
| Q1 24 | 48.1% | — |
| Q4 25 | 62.4% | 9.9% | ||
| Q3 25 | 23.4% | 61.3% | ||
| Q2 25 | 26.6% | 46.1% | ||
| Q1 25 | 19.3% | 68.6% | ||
| Q4 24 | 36.2% | 44.7% | ||
| Q3 24 | 23.4% | 39.2% | ||
| Q2 24 | 34.2% | 8.3% | ||
| Q1 24 | 36.3% | 9.5% |
| Q4 25 | 64.3% | — | ||
| Q3 25 | 26.8% | 80.7% | ||
| Q2 25 | 29.2% | 35.2% | ||
| Q1 25 | 22.1% | 38.4% | ||
| Q4 24 | 38.5% | 47.5% | ||
| Q3 24 | 25.8% | 33.3% | ||
| Q2 24 | 35.2% | 33.9% | ||
| Q1 24 | 36.8% | 4.1% |
| Q4 25 | $0.62 | $-1.59 | ||
| Q3 25 | $0.20 | $0.72 | ||
| Q2 25 | $0.20 | $0.29 | ||
| Q1 25 | $0.12 | $0.37 | ||
| Q4 24 | $0.21 | $0.47 | ||
| Q3 24 | $0.12 | $0.28 | ||
| Q2 24 | $0.17 | $0.30 | ||
| Q1 24 | $0.17 | $0.04 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $42.8M |
| Total DebtLower is stronger | $2.3M | $33.0M |
| Stockholders' EquityBook value | $108.2M | $235.1M |
| Total Assets | $116.2M | $272.4M |
| Debt / EquityLower = less leverage | 0.02× | 0.14× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $42.8M | ||
| Q3 25 | — | $10.2M | ||
| Q2 25 | — | $8.0M | ||
| Q1 25 | — | $29.8M | ||
| Q4 24 | — | $5.9M | ||
| Q3 24 | — | $17.2M | ||
| Q2 24 | $6.3M | $5.5M | ||
| Q1 24 | $5.3M | $5.5M |
| Q4 25 | $2.3M | $33.0M | ||
| Q3 25 | $3.0M | $33.0M | ||
| Q2 25 | $3.3M | $33.0M | ||
| Q1 25 | $3.7M | $33.0M | ||
| Q4 24 | $1.7M | $33.0M | ||
| Q3 24 | $2.9M | $33.0M | ||
| Q2 24 | $2.7M | $33.0M | ||
| Q1 24 | $3.3M | $33.0M |
| Q4 25 | $108.2M | $235.1M | ||
| Q3 25 | $74.3M | $254.2M | ||
| Q2 25 | $49.3M | $246.5M | ||
| Q1 25 | $39.8M | $292.7M | ||
| Q4 24 | $37.7M | $288.7M | ||
| Q3 24 | $33.1M | $283.4M | ||
| Q2 24 | $25.4M | $282.8M | ||
| Q1 24 | $21.6M | $279.9M |
| Q4 25 | $116.2M | $272.4M | ||
| Q3 25 | $83.1M | $289.4M | ||
| Q2 25 | $57.7M | $285.7M | ||
| Q1 25 | $48.1M | $331.3M | ||
| Q4 24 | $44.0M | $332.2M | ||
| Q3 24 | $40.8M | $321.3M | ||
| Q2 24 | $32.2M | $321.0M | ||
| Q1 24 | $28.7M | $322.0M |
| Q4 25 | 0.02× | 0.14× | ||
| Q3 25 | 0.04× | 0.13× | ||
| Q2 25 | 0.07× | 0.13× | ||
| Q1 25 | 0.09× | 0.11× | ||
| Q4 24 | 0.05× | 0.11× | ||
| Q3 24 | 0.09× | 0.12× | ||
| Q2 24 | 0.11× | 0.12× | ||
| Q1 24 | 0.15× | 0.12× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $10.7M | $27.3M |
| Free Cash FlowOCF − Capex | $8.2M | $26.8M |
| FCF MarginFCF / Revenue | 56.0% | 308.1% |
| Capex IntensityCapex / Revenue | 17.7% | 5.9% |
| Cash ConversionOCF / Net Profit | 1.15× | — |
| TTM Free Cash FlowTrailing 4 quarters | $12.4M | $43.2M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $10.7M | $27.3M | ||
| Q3 25 | $2.4M | $906.0K | ||
| Q2 25 | $3.5M | $7.8M | ||
| Q1 25 | $2.4M | $8.3M | ||
| Q4 24 | $3.2M | $23.0M | ||
| Q3 24 | $2.5M | $6.3M | ||
| Q2 24 | $2.6M | $5.4M | ||
| Q1 24 | $2.6M | $4.4M |
| Q4 25 | $8.2M | $26.8M | ||
| Q3 25 | $709.8K | $557.0K | ||
| Q2 25 | $2.5M | $7.7M | ||
| Q1 25 | $1.0M | $8.2M | ||
| Q4 24 | $2.1M | $22.9M | ||
| Q3 24 | $1.9M | $6.3M | ||
| Q2 24 | $2.4M | $5.4M | ||
| Q1 24 | $2.3M | — |
| Q4 25 | 56.0% | 308.1% | ||
| Q3 25 | 6.4% | 5.1% | ||
| Q2 25 | 26.5% | 77.0% | ||
| Q1 25 | 13.8% | 69.1% | ||
| Q4 24 | 28.0% | 185.3% | ||
| Q3 24 | 30.4% | 60.4% | ||
| Q2 24 | 38.7% | 49.7% | ||
| Q1 24 | 38.3% | — |
| Q4 25 | 17.7% | 5.9% | ||
| Q3 25 | 15.3% | 3.2% | ||
| Q2 25 | 10.8% | 0.6% | ||
| Q1 25 | 19.4% | 0.8% | ||
| Q4 24 | 13.6% | 1.1% | ||
| Q3 24 | 9.8% | 0.3% | ||
| Q2 24 | 4.3% | 0.2% | ||
| Q1 24 | 5.5% | 0.0% |
| Q4 25 | 1.15× | — | ||
| Q3 25 | 0.81× | 0.10× | ||
| Q2 25 | 1.28× | 2.21× | ||
| Q1 25 | 1.50× | 1.82× | ||
| Q4 24 | 1.08× | 3.93× | ||
| Q3 24 | 1.56× | 1.82× | ||
| Q2 24 | 1.22× | 1.47× | ||
| Q1 24 | 1.19× | 9.47× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
IDR
Segment breakdown not available.
SWKH
| Finance Receivables Segment | $8.4M | 96% |
| Other | $329.0K | 4% |
