v3.26.1
Statements of Operations (Unaudited) - USD ($)
 3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Revenues:    
Total revenue $ 170,660 $ 348,184
Costs and expenses:    
General and administrative expense 242,269 210,680
Depreciation expense 438 870
Total costs, expenses and (gains) 245,499 236,034
Income from operations (74,839) 112,150
Interest income 134,377 93,597
Miscellaneous income 9,018 0
Income before income taxes 68,556 205,747
Current 13,312 30,366
Deferred 0 59,808
Total income taxes 13,312 90,174
Net income $ 55,244 $ 115,573
Net income per share:    
Basic (in dollars per share) $ 0.03 $ 0.06
Diluted (in dollars per share) $ 0.03 $ 0.06
Weighted-average shares used in per share calculation:    
Basic (in shares) 2,053,129 2,027,032
Diluted (in shares) 2,053,129 2,027,032
Oil and Gas [Member]    
Revenues:    
Revenue $ 9,292 $ 268,508
Costs and expenses:    
Cost of goods and services sold 2,713 20,710
Timber [Member]    
Revenues:    
Revenue 2,667 0
Costs and expenses:    
Cost of goods and services sold 79 3,774
Surface Leases, Unrelated Parties [Member]    
Revenues:    
Revenues, leases $ 158,701 $ 79,676