The following tables set forth financial assets and liabilities measured at fair value in the consolidated balance sheets and the respective levels to which fair value measurements are classified within the fair value hierarchy as of December 31:


	Fair Value as of December 31, 2025
	Level 1		Level 2		Level 3		Total
Financial assets (liabilities):
Inventory	$	—	$	131,760,675	$	—	$	131,760,675
Commodity derivative instruments	$	604,866	$	1,286,446	$	—	$	1,891,312
Provisionally priced contracts	$	—	$	(16,872,958)	$	—	$	(16,872,958)


	Fair Value as of December 31, 2024
	Level 1		Level 2		Level 3		Total
Financial assets (liabilities):
Inventory	$	—	$	44,241,428	$	—	$	44,241,428
Commodity derivative instruments	$	801,101	$	1,338,736	$	—	$	2,139,837
Provisionally priced contracts	$	—	$	(13,593,068)	$	—	$	(13,593,068)