Earnings Per Common Share (Details) - USD ($) |
6 Months Ended | |
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Jun. 30, 2025 |
Jun. 30, 2024 |
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Earnings Per Common Share [Abstract] | ||
Net income | $ 433,783 | $ 1,362,240 |
Comprehensive income | 433,783 | 1,362,240 |
Dividend on Series A Preferred Shares | (106,944) | 0 |
Net income attributable to common shareholders, basic | 326,839 | 1,362,240 |
Dividend on Series A Preferred Shares | 106,944 | 0 |
Net income attributable to common shareholders, diluted | $ 433,783 | $ 1,362,240 |
Weighted average number of common shares outstanding, basic (in shares) | 2,603,322 | 2,386,731 |
Effect of dilutive shares (in shares) | 13,636,654 | 13,636,654 |
Weighted average number of common shares outstanding, diluted (in shares) | 16,239,976 | 16,023,385 |
Earnings per common share, basic (in dollars per share) | $ 0.13 | $ 0.57 |
Earnings per common share, diluted (in dollars per share) | $ 0.03 | $ 0.09 |
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- Definition Amount after tax of increase (decrease) in equity from transactions and other events and circumstances from net income and other comprehensive income, attributable to parent entity. Excludes changes in equity resulting from investments by owners and distributions to owners. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- References No definition available.
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- Definition The amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The amount of net income (loss) for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount, after deduction of tax, noncontrolling interests, dividends on preferred stock and participating securities; of income (loss) available to common shareholders. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount, after deduction of tax, noncontrolling interests, dividends on preferred stock and participating securities, and addition from assumption of issuance of common shares for dilutive potential common shares; of income (loss) available to common shareholders. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Dividends paid to preferred stock holders that is redeemable solely at the option of the issuer. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The sum of dilutive potential common shares or units used in the calculation of the diluted per-share or per-unit computation. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition The average number of shares or units issued and outstanding that are used in calculating diluted EPS or earnings per unit (EPU), determined based on the timing of issuance of shares or units in the period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Number of [basic] shares or units, after adjustment for contingently issuable shares or units and other shares or units not deemed outstanding, determined by relating the portion of time within a reporting period that common shares or units have been outstanding to the total time in that period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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