v3.25.2
Consolidated Statements of Changes in Stockholders' Equity (Unaudited) - USD ($)
Common Stock [Member]
Additional Paid-in Capital [Member]
Treasury Stock, Common [Member]
Retained Earnings [Member]
Total
Balance at Dec. 31, 2023 $ 11,757 $ 45,548,876 $ (1,060,606) $ (1,567,321) $ 42,932,706
Balance, shares at Dec. 31, 2023 11,757,058        
Balance treasury stock, shares at Dec. 31, 2023     316,407    
Non-cash compensation   6,532     6,532
Dividends declared and payable       (1,315,445) (1,315,445)
Net income 2,885,264 2,885,264
Dividends paid       (1,315,445) (1,315,445)
Purchase of treasury shares     $ (9,800)   (9,800)
Purchase of treasury stock, shares     2,000    
Balance at Jun. 30, 2024 $ 11,757 45,555,408 $ (1,070,406) (1,312,947) 43,183,812
Balance, shares at Jun. 30, 2024 11,757,058        
Balance treasury stock, shares at Jun. 30, 2024     318,407    
Balance at Mar. 31, 2024 $ 11,757 45,552,142 $ (1,070,406) (1,406,555) 43,086,938
Balance, shares at Mar. 31, 2024 11,757,058        
Balance treasury stock, shares at Mar. 31, 2024     318,407    
Non-cash compensation   3,266     3,266
Dividends declared and payable       (1,315,445) (1,315,445)
Net income 1,409,053 1,409,053
Balance at Jun. 30, 2024 $ 11,757 45,555,408 $ (1,070,406) (1,312,947) 43,183,812
Balance, shares at Jun. 30, 2024 11,757,058        
Balance treasury stock, shares at Jun. 30, 2024     318,407    
Balance at Dec. 31, 2024 $ 11,757 45,561,941 $ (1,070,406) (1,238,165) $ 43,265,127
Balance, shares at Dec. 31, 2024 11,757,058        
Balance treasury stock, shares at Dec. 31, 2024     318,407   318,407
Non-cash compensation   6,532     $ 6,532
Dividends declared and payable       (1,315,445) (1,315,445)
Net income 2,786,102 2,786,102
Dividends paid       (1,315,445) (1,315,445)
Balance at Jun. 30, 2025 $ 11,757 45,568,473 $ (1,070,406) (1,082,953) $ 43,426,871
Balance, shares at Jun. 30, 2025 11,757,058        
Balance treasury stock, shares at Jun. 30, 2025     318,407   318,407
Balance at Mar. 31, 2025 $ 11,757 45,565,207 $ (1,070,406) (1,180,476) $ 43,326,082
Balance, shares at Mar. 31, 2025 11,757,058        
Balance treasury stock, shares at Mar. 31, 2025     318,407    
Non-cash compensation   3,266     3,266
Dividends declared and payable       (1,315,445) (1,315,445)
Net income 1,412,968 1,412,968
Balance at Jun. 30, 2025 $ 11,757 $ 45,568,473 $ (1,070,406) $ (1,082,953) $ 43,426,871
Balance, shares at Jun. 30, 2025 11,757,058        
Balance treasury stock, shares at Jun. 30, 2025     318,407   318,407