v3.26.1
Statements of Cash Flows (Unaudited) - USD ($)
6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income $ 177,479 $ 276,615
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation expense 876 1,687
Depletion expense 79 0
Gain on asset retirement (9,018) (189,210)
Deferred income taxes 0 152,023
Changes in operating assets and liabilities:    
Increase in current assets (44,821) (57,612)
Decrease in current liabilities (588,820) (89,477)
Net cash provided by (used in) operating activities (464,225) 94,026
CASH FLOWS FROM INVESTING ACTIVITIES    
Purchase of securities (3,015,990) 0
Sales of securities 3,015,990 0
Proceeds from the sale of fixed assets 0 358,123
Net cash used in investing activities (2,248,924) 4,100,526
CASH FLOWS FROM FINANCING ACTIVITIES    
Repurchases of common stock 0 (147,614)
Net cash used in financing activities 0 (147,614)
NET CHANGE IN CASH AND CASH EQUIVALENTS (2,713,149) 4,046,938
Cash and cash equivalents, beginning of the period 18,010,108 3,421,576
Cash and cash equivalents, end of the period 15,296,959 7,468,514
SUPPLEMENTAL CASH FLOW INFORMATION    
Cash paid for interest 0 0
Cash paid for income taxes 0 0
Certificates of Deposit [Member]    
CASH FLOWS FROM INVESTING ACTIVITIES    
Purchases of certificates of deposit (4,478,158) (6,750,837)
Maturity of certificates of deposit $ 2,229,234 $ 10,493,240