v3.26.1
CONSOLIDATED STATEMENT OF STOCKHOLDERS' EQUITY (Unaudited) - USD ($)
Total
Common Stock
Additional Paid in Capital
Accumulated Deficit
Beginning Balances at Dec. 31, 2024 $ 47,437,677 $ 112,927 $ 49,559,986 $ (2,235,236)
Beginning Balance, shares at Dec. 31, 2024   11,292,772    
Restricted stock grants issued   $ 460 (460)  
Restricted stock grants issued, shares   45,994    
Restricted stock grants forfeiture   $ (3) 3  
Restricted stock grants forfeitures, shares   (375)    
Stock-based compensation 100,736   100,736  
Net income 555,152     555,152
Dividends (818,726)     (818,726)
Ending Balance at Mar. 31, 2025 47,274,839 $ 113,384 49,660,265 (2,498,810)
Ending Balance, shares at Mar. 31, 2025   11,338,391    
Beginning Balances at Dec. 31, 2024 47,437,677 $ 112,927 49,559,986 (2,235,236)
Beginning Balance, shares at Dec. 31, 2024   11,292,772    
Net income 1,219,368      
Ending Balance at Jun. 30, 2025 47,189,264 $ 113,382 49,732,485 (2,656,603)
Ending Balance, shares at Jun. 30, 2025   11,338,241    
Beginning Balances at Mar. 31, 2025 47,274,839 $ 113,384 49,660,265 (2,498,810)
Beginning Balance, shares at Mar. 31, 2025   11,338,391    
Restricted stock grants issued   $ 3 (3)  
Restricted stock grants issued, shares   350    
Restricted stock grants forfeiture   $ (5) 5  
Restricted stock grants forfeitures, shares   (500)    
Stock-based compensation 72,218   72,218  
Net income 664,216     664,216
Dividends (822,009)     (822,009)
Ending Balance at Jun. 30, 2025 47,189,264 $ 113,382 49,732,485 (2,656,603)
Ending Balance, shares at Jun. 30, 2025   11,338,241    
Beginning Balances at Dec. 31, 2025 $ 46,536,390 $ 113,643 49,909,603 (3,486,856)
Beginning Balance, shares at Dec. 31, 2025 11,364,278 11,364,278    
Restricted stock grants issued   $ 579 (579)  
Restricted stock grants issued, shares   57,954    
Stock-based compensation $ 105,371   105,371  
Net income 477,019     477,019
Dividends (823,910)     (823,910)
Ending Balance at Mar. 31, 2026 46,294,870 $ 114,222 50,014,395 (3,833,747)
Ending Balance, shares at Mar. 31, 2026   11,422,232    
Beginning Balances at Dec. 31, 2025 $ 46,536,390 $ 113,643 49,909,603 (3,486,856)
Beginning Balance, shares at Dec. 31, 2025 11,364,278 11,364,278    
Net income $ 1,306,634      
Ending Balance at Jun. 30, 2026 $ 46,381,248 $ 114,214 50,099,219 (3,832,185)
Ending Balance, shares at Jun. 30, 2026 11,421,420 11,421,420    
Beginning Balances at Mar. 31, 2026 $ 46,294,870 $ 114,222 50,014,395 (3,833,747)
Beginning Balance, shares at Mar. 31, 2026   11,422,232    
Restricted stock grants issued   $ 2 (2)  
Restricted stock grants issued, shares   188    
Restricted stock grants forfeiture   $ (10) 10  
Restricted stock grants forfeitures, shares   (1,000)    
Stock-based compensation 84,816   84,816  
Net income 829,615     829,615
Dividends (828,053)     (828,053)
Ending Balance at Jun. 30, 2026 $ 46,381,248 $ 114,214 $ 50,099,219 $ (3,832,185)
Ending Balance, shares at Jun. 30, 2026 11,421,420 11,421,420