Note 15 – Subsequent Events

On July 4, 2025, President Trump signed into law the legislation formally titled “An Act to Provide for Reconciliation Pursuant to Title II of H. Con. Res. 14” (“the Act”) and commonly referred to as the One Big Beautiful Bill Act. The centerpiece of the bill is the extension of expiring — and in some cases expired — provisions of the 2017 Tax Cuts and Jobs Act (“2017 TCJA”). The Act adjusted several provisions affecting businesses that were previously subject to sunsets, phase-outs, or phase-ins that would have taken effect in the absence of action by Congress or that had already taken effect. While most of the changes made by the Act are effective in future tax years, some of its provisions are effective in the current tax year. We are still considering the full impact of the changes under the Act. While we do not believe the impact will be material to our financial statement, we believe we will have approximately $61,000 in additional tax deductions in the current year under the new tax law.

On July 22, 2025, Company entered into a Redemption and Purchase Agreement (the “Agreement”) with Progressive Beef, LLC and BHS, LLC (the “Buyer”). See Note 3 – Equity Investments for additional information.