v3.26.1
Condensed Consolidated Balance Sheets - USD ($)
Jun. 30, 2026
Dec. 31, 2025
Current assets    
Cash and cash equivalents $ 164,293 $ 1,576,367
Accrued interest receivable 1,063,086 1,068,577
Current portion of note receivable 64,950,000 21,650,000
Prepaid expenses and other current assets 131,083 282,893
Total current assets 66,308,462 24,577,837
Other assets    
Property and equipment 1,890,000 0
Right-of-use operating lease asset, related party 297,897 588,490
Long-term note receivable, net of currently due 21,650,000 64,950,000
Contract asset 2,394,598 2,394,598
Patents 306,995 298,945
Total other assets 26,539,490 68,232,033
Total assets 92,847,952 92,809,870
Current liabilities    
Accounts payable 36,021 530,038
Payables to related parties 82,082 283,833
Accrued and other liabilities 23,244 11,577
Line of credit, related party 1,800,000 0
Operating lease obligation, related party 397,897 588,490
Total current liabilities 2,339,244 1,413,938
Long-term liabilities:    
Net deferred tax liability 17,755,888 17,941,976
Total liabilities 20,095,132 19,355,914
Shareholders' equity    
Preferred stock; par value $0.0001; 10,000,000 shares authorized; no shares issued and outstanding 0 0
Additional paid-in capital 15,110,991 10,446,991
Retained earnings 57,615,264 62,980,400
Total shareholders' equity 72,752,820 73,453,956
Total liabilities and shareholders' equity 92,847,952 92,809,870
Common Class A Stock [Member]    
Shareholders' equity    
Common stock, value 6,945 4,165
Common Class B Stock [Member]    
Shareholders' equity    
Common stock, value $ 19,620 $ 22,400