v3.25.2
CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY (unaudited) - USD ($)
Common Stock
Treasury Stock
Additional Paid-In Capital
Retained Earnings
Total Stockholders’ Equity
Noncontrolling Interest
Total
Balance at Dec. 31, 2023 $ 406,000 $ (2,510,000) $ 45,016,000 $ 26,808,000 $ 69,720,000 $ 989,000 $ 70,709,000
Balance (in Shares) at Dec. 31, 2023 40,580,936            
Balance (in Shares) at Dec. 31, 2023   1,000,000          
Transaction with J2 Financial $ 2,000 348,000 350,000 350,000
Transaction with J2 Financial (in Shares) 200,000            
Share-based compensation $ 1,000 84,000 85,000 85,000
Share-based compensation (in Shares) 50,000            
Net income (loss) 3,688,000 3,688,000 (1,000) 3,687,000
Balance at Mar. 31, 2024 $ 409,000 $ (2,510,000) 45,448,000 30,496,000 73,843,000 988,000 74,831,000
Balance (in Shares) at Mar. 31, 2024 40,830,936            
Balance (in Shares) at Mar. 31, 2024   1,000,000          
Balance at Dec. 31, 2023 $ 406,000 $ (2,510,000) 45,016,000 26,808,000 69,720,000 989,000 70,709,000
Balance (in Shares) at Dec. 31, 2023 40,580,936            
Balance (in Shares) at Dec. 31, 2023   1,000,000          
Net income (loss)             7,734,000
Balance at Jun. 30, 2024 $ 410,000 $ (2,510,000) 45,747,000 34,536,000 78,183,000 995,000 79,178,000
Balance (in Shares) at Jun. 30, 2024 40,950,936            
Balance (in Shares) at Jun. 30, 2024   1,000,000          
Balance at Mar. 31, 2024 $ 409,000 $ (2,510,000) 45,448,000 30,496,000 73,843,000 988,000 74,831,000
Balance (in Shares) at Mar. 31, 2024 40,830,936            
Balance (in Shares) at Mar. 31, 2024   1,000,000          
Share-based compensation $ 1,000 299,000 300,000 300,000
Share-based compensation (in Shares) 120,000            
Net income (loss) 4,040,000 4,040,000 7,000 4,047,000
Balance at Jun. 30, 2024 $ 410,000 $ (2,510,000) 45,747,000 34,536,000 78,183,000 995,000 79,178,000
Balance (in Shares) at Jun. 30, 2024 40,950,936            
Balance (in Shares) at Jun. 30, 2024   1,000,000          
Balance at Dec. 31, 2024 $ 412,000 $ (2,510,000) 46,090,000 40,094,000 84,086,000 1,006,000 $ 85,092,000
Balance (in Shares) at Dec. 31, 2024 41,120,936            
Balance (in Shares) at Dec. 31, 2024   1,000,000         1,000,000
Share-based compensation $ 2,000 552,000 554,000 $ 554,000
Share-based compensation (in Shares) 237,000            
RISE Cash Distribution (35,000) (35,000)
Net income (loss) 8,664,000 8,664,000 (3,000) 8,661,000
Balance at Mar. 31, 2025 $ 414,000 $ (2,510,000) 46,642,000 48,758,000 93,304,000 968,000 94,272,000
Balance (in Shares) at Mar. 31, 2025 41,357,936            
Balance (in Shares) at Mar. 31, 2025   1,000,000          
Balance at Dec. 31, 2024 $ 412,000 $ (2,510,000) 46,090,000 40,094,000 84,086,000 1,006,000 $ 85,092,000
Balance (in Shares) at Dec. 31, 2024 41,120,936            
Balance (in Shares) at Dec. 31, 2024   1,000,000         1,000,000
Net income (loss)             $ 3,942,000
Balance at Jun. 30, 2025 $ 415,000 $ (2,510,000) 47,076,000 44,039,000 89,020,000 968,000 $ 89,988,000
Balance (in Shares) at Jun. 30, 2025 41,419,936            
Balance (in Shares) at Jun. 30, 2025   1,000,000         1,000,000
Balance at Mar. 31, 2025 $ 414,000 $ (2,510,000) 46,642,000 48,758,000 93,304,000 968,000 $ 94,272,000
Balance (in Shares) at Mar. 31, 2025 41,357,936            
Balance (in Shares) at Mar. 31, 2025   1,000,000          
Share-based compensation $ 1,000 434,000 435,000 435,000
Share-based compensation (in Shares) 62,000            
Net income (loss) (4,719,000) (4,719,000) (4,719,000)
Balance at Jun. 30, 2025 $ 415,000 $ (2,510,000) $ 47,076,000 $ 44,039,000 $ 89,020,000 $ 968,000 $ 89,988,000
Balance (in Shares) at Jun. 30, 2025 41,419,936            
Balance (in Shares) at Jun. 30, 2025   1,000,000         1,000,000