v3.25.2
Equity-Based Investments
6 Months Ended
Jun. 30, 2025
Equity-Based Investments [Abstract]  
Equity-based investments
5. Equity-based investments

 

As of June 30, 2025, the Company’s investment in Norman Barry and Sugar Phase amounted to $617,607 and $177,989, respectively. The approximate combined financial position of the Company’s equity-based investments are summarized below as of June 30, 2025 and December 31, 2024:

 

Condensed balance sheet information:  2025   2024 
   (Unaudited)   (Unaudited) 
Total assets  $2,281,000   $40,400,000 
Total liabilities  $1,007,000   $10,200,000 
Members’ equity  $1,274,000   $30,200,000