v3.26.1
Summary of Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2025
Summary of Significant Accounting Policies  
Schedule of company's ownership percentage

 

December 31, 2025

December 31, 2024

JV/Equity

% Ownership

Significant Influence?

Accounting Method

% Ownership

Significant Influence?

Accounting Method

NJMJV

65%

Yes

Consolidated

65%

Yes

Consolidated

Butte Highlands JV

50%

No

Cost

50%

No

Cost

Buckskin

37%

Yes

Equity Method

37%

Yes

Equity Method

Schedule of antidilutive securities excluded from computation of earnings per share

 

 

December 31, 2025

 

 

December 31, 2024

 

Net income

 

$16,631,198

 

 

$8,753,377

 

Weighted average shares-basic

 

 

14,489,196

 

 

 

13,026,487

 

Effect of dilutive potential common shares from stock options

 

 

212,150

 

 

 

118,400

 

Effect of dilutive potential common shares from warrants

 

 

-

 

 

 

52,421

 

Weighted average shares-diluted

 

 

14,701,346

 

 

 

13,197,308

 

Net income per share-basic

 

$1.15

 

 

$0.68

 

Net income per share-diluted

 

$1.14

 

 

$0.67