v3.26.1
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
 3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Cash flows from operating activities:    
Net income (loss) $ 6,526,382 $ (655,969)
Adjustments to reconcile net income (loss) to net cash (used in) provided by operating activities:    
Depreciation 333,211 363,020
Amortization of debt discount 232,832 4,184
Gain on sale of assets (8,896,309)
Provision for credit losses 20,357 99,608
Changes in operating assets and liabilities:    
Accounts receivable (232,931) (358,124)
Prepaid expenses and other assets (263,901) (347,751)
Accounts payable and accrued liabilities 1,291,102 1,527,043
Liabilities held for sale (577,055)
Other current liabilities (725,000) 400,000
Lease security deposits 1,500 3,400
Cash (used in) provided by operating activities (2,289,812) 1,035,411
Cash flows from investing activities:    
Proceeds from sale of assets held for sale, net 5,401,131
Cash paid for property and equipment (377,201) (219,240)
Cash provided by (used in) investing activities 5,023,930 (219,240)
Cash flows from financing activities:    
Proceeds from debt, non-related party 50,000
Payments on debt, related party (775,000)
Payments on debt, non-related party (1,959,038) (245,697)
Repurchase of preferred stock (50,000)  
Payments on line-of-credit (325,192)
Proceeds from line-of-credit 13,258
Cash used in financing activities (3,109,230) (182,439)
Net increase (decrease) in cash, cash equivalents and restricted cash (375,112) 633,732
Cash and cash equivalents and restricted cash at beginning of the period 1,853,693 1,391,966
Cash and cash equivalents and restricted cash at end of the period 1,478,581 2,025,698
Supplemental Disclosure of Cash Flow Information    
Cash paid for interest 437,559 535,277
Cash and cash equivalents 1,286,452 1,288,779
Restricted cash 192,129 736,919
Total Cash and Cash Equivalents and Restricted Cash 1,478,581 2,025,698
Supplemental Schedule of Non-Cash Investing and Financing Activities    
Dividends declared on Series D Preferred Stock 7,500 15,000
Payoff of mortgages funded at closing 5,785,659
Escrow receivable funded at closing 1,310,000
Closing costs, prepayment penalties and other adjustments funded at closing $ 678,210