v3.25.2
Note 5 - Goodwill and Other Intangible Assets (Tables)
6 Months Ended
Jun. 30, 2025
Notes Tables  
Schedule of Goodwill [Table Text Block]
  

June 30,

  

December 31,

 
  

2025

  

2024

 

Commercial Air Handling Equipment Segment:

        

Beginning Balance

 $478,256  $478,256 

Acquisitions

  3,922,172   - 

Adjustments

  -   - 

Ending Balance

 $4,400,428  $478,256 
         

Industrial and Transportation Products Segment:

        

Beginning Balance

 $18,069,448  $15,974,793 

Acquisitions

  -   2,094,655 

Adjustments

  154,024   - 

Ending Balance

 $18,223,472  $18,069,448 
         

Total Company:

        

Beginning Balance

 $18,547,704  $16,453,049 

Acquisitions

  3,922,172   2,094,655 

Adjustments

  154,024   - 

Ending Balance

 $22,623,900  $18,547,704 
Schedule of Finite-Lived Intangible Assets [Table Text Block]
  

June 30,

  

December 31,

 
  

2025

  

2024

 

Customer list intangibles

 $16,750,000  $12,650,000 

Non-compete agreements

  200,000   200,000 

Trademarks

  4,610,495   4,604,455 

Total intangible assets

  21,560,495   17,454,455 

Less: accumulated amortization

  8,058,574   7,168,674 

Intangible assets, net

 $13,501,921  $10,285,781 
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense [Table Text Block]
     
  

Amortization in future periods

 

Remainder of 2025

 $890,183 

2026

  1,732,501 

2027

  1,346,455 

2028

  1,278,273 

2029

  1,264,835