v3.25.1
Variable Interest Entities (Tables)
3 Months Ended
Mar. 31, 2025
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Schedule of Investments in Unconsolidated Variable Interest Entities

The following table summarizes our investments in unconsolidated VIEs: 

  

      Carrying Value as of 
   Location  Percentage
Ownership
   March 31,
2025
  

December 31,

2024

 
HRCFG INVO, LLC  Alabama, United States   50%  $710,855    740,759 
Total investment in unconsolidated VIEs          $710,855    740,759 
Schedule of Earnings from Investments in Unconsolidated Variable Interest Entities

Earnings from investments in unconsolidated VIEs were as follows:

Schedule of Earnings from Investments in Unconsolidated Variable Interest Entities 

   2025   2024 
  

Three Months Ended

March 31,

 
   2025   2024 
HRCFG INVO, LLC  $15,096   $104 
Total earnings (loss) from unconsolidated VIEs   15,096    104 
Schedule of Financial Information of Investments in Unconsolidated Variable Interest Entities

The following tables summarize the combined unaudited financial information of our unconsolidated VIEs:

Schedule of Financial Information of Investments in Unconsolidated Variable Interest Entities 

   2025   2024 
  

Three Months Ended

March 31,

 
   2025   2024 
Statements of operations:          
Operating revenue  $322,210   $332,314 
Operating expenses   (292,017)   (332,106)
Net profit (loss)   30,193    208 

 

  

March 31,

2025

  

December 31,

2024

 
Balance sheets:          
Current assets  $106,704    105,949 
Long-term assets   457,988    481,102 
Current liabilities   (107,364)   (119,436)
Net assets  $457,328    467,615