v3.26.1
Note 12 - Income Taxes
3 Months Ended
Mar. 31, 2026
Notes to Financial Statements  
Income Tax Disclosure [Text Block]

12. Income Taxes

 

The Company’s tax provision is based on its estimated annual effective tax rate. We continue to fully recognize our tax benefits, and as of March 31, 2026 and December 31, 2025, we did not have any unrecognized tax benefits. Our provision for income taxes for the three months ended March 31, 2026 and 2025 comprises the following:

 

    Three months ended  
    March 31,  
    2026     2025  

Provision for federal income taxes – current

  $ 90,187     $ 107,860  

Provision for state income taxes – current

    813       813  

Provision for federal income taxes – deferred

    123,236       38,391  

Total provision for income taxes

  $ 214,236     $ 147,064