v3.26.1
Note 12 - Income Taxes
6 Months Ended
Jun. 30, 2026
Notes to Financial Statements  
Income Tax Disclosure [Text Block]

12.

Income Taxes

 

The Company’s tax provision is based on its estimated annual effective tax rate. We continue to fully recognize our tax benefits, and as of June 30, 2026 and December 31, 2025, we did not have any unrecognized tax benefits. Our provision for income taxes for the six months ended June 30, 2026 and 2025 comprises the following:

 

    Three months ended     Six months ended  
    June 30,     June 30,  
    2026     2025     2026     2025  

Provision for (benefit from) federal income taxes - current

  $ 295,157     $ (51,536 )   $ 385,344     $ 56,324  

Provision for state income taxes - current

    ---       ---       813       813  

(Benefit from) provision for federal income taxes - deferred

    (106,131 )     215,312       17,105       253,703  

Total provision for income taxes

  $ 189,026     $ 163,776     $ 403,262     $ 310,840