| Schedule of Operating Financial Results |
The following tables provide the operating financial
results of the Company:
| | |
Year ended December 31, | |
| | |
2025 | | |
2024 | |
| Revenue | |
$ | 132,079,041 | | |
$ | 123,088,183 | |
| Cost of revenue | |
| 69,632,154 | | |
| 68,224,649 | |
| Depreciation, amortization and depletion | |
| 15,404,688 | | |
| 13,545,093 | |
| Selling expense | |
| 4,052,768 | | |
| 3,849,290 | |
| Administrative expense | |
| 4,336,879 | | |
| 3,841,433 | |
| Interest expense | |
| 21,292,862 | | |
| 24,413,242 | |
| Other segment items | |
| 6,144,310 | | |
| 4,187,950 | |
| Net income (loss) | |
$ | 11,215,380 | | |
$ | 5,026,526 | |
| Capital expenditures - purchases of plant, property and equipment | |
$ | (7,583,778 | ) | |
$ | (13,387,493 | ) |
|