| Schedule of Plant Property and Equipment, Net |
| | |
December 31, | |
| | |
2025 | | |
2024 | |
| Land | |
$ | 2,000,900 | | |
$ | 2,000,900 | |
| Buildings and improvements | |
| 18,940,451 | | |
| 18,212,581 | |
| Machinery and equipment | |
| 70,968,617 | | |
| 58,826,588 | |
| Salt reserves | |
| 275,286,068 | | |
| 275,302,068 | |
| Construction in process | |
| 2,181,198 | | |
| 7,948,034 | |
| | |
| 369,377,234 | | |
| 362,290,171 | |
| Accumulated depreciation and depletion | |
| (47,958,935 | ) | |
| (34,229,730 | ) |
| | |
$ | 321,418,299 | | |
$ | 328,060,441 | |
|
| Schedule of Depreciation and Depletion Expense Included in Statements of Operations |
| | |
Year ended December 31, | |
| | |
2025 | | |
2024 | |
| Cost of revenue | |
$ | 13,509,690 | | |
$ | 11,690,002 | |
| Selling, general and administrative expense | |
| 227,185 | | |
| 187,277 | |
| Total | |
$ | 13,736,875 | | |
$ | 11,877,279 | |
|