v3.26.1
CONDENSED STATEMENTS OF SHAREHOLDERS' EQUITY (Unaudited) - USD ($)
Preferred Stock [Member]
Common Stock [Member]
Retained Earnings [Member]
Total
Beginning balance, value at Dec. 31, 2024 $ 43,357,396 $ 8,512,489 $ 17,363,845 $ 69,233,730
Beginning Balance, Shares at Dec. 31, 2024 10,239,573 4,964,529    
Preferred stock dividends accrued $ 563,177 (563,177)
Net income (728,981) (728,981)
Ending balance, value at Mar. 31, 2025 $ 43,920,573 $ 8,512,489 16,071,687 68,504,749
Ending Balance, Shares at Mar. 31, 2025 10,239,573 4,964,529    
Beginning balance, value at Dec. 31, 2024 $ 43,357,396 $ 8,512,489 17,363,845 69,233,730
Beginning Balance, Shares at Dec. 31, 2024 10,239,573 4,964,529    
Stock based compensation      
Net income       (636,186)
Ending balance, value at Jun. 30, 2025 $ 44,483,749 $ 8,512,489 15,601,306 68,597,544
Ending Balance, Shares at Jun. 30, 2025 10,239,573 4,964,529    
Beginning balance, value at Mar. 31, 2025 $ 43,920,573 $ 8,512,489 16,071,687 68,504,749
Beginning Balance, Shares at Mar. 31, 2025 10,239,573 4,964,529    
Preferred stock dividends accrued $ 563,176 (563,176)
Net income 92,795 92,795
Ending balance, value at Jun. 30, 2025 $ 44,483,749 $ 8,512,489 15,601,306 68,597,544
Ending Balance, Shares at Jun. 30, 2025 10,239,573 4,964,529    
Beginning balance, value at Dec. 31, 2025 $ 43,357,396 $ 8,637,560 14,193,219 66,188,175
Beginning Balance, Shares at Dec. 31, 2025 10,239,573 4,979,529    
Issuance of preferred stock, net $ 2,142,588 2,142,588
Issuance of preferred stock, net, Shares 779,899      
Stock based compensation 21,035 21,035
Preferred stock dividends accrued 606,071 (606,071)
Net income (565,073) (565,073)
Ending balance, value at Mar. 31, 2026 $ 46,106,055 $ 8,658,595 13,022,075 67,786,725
Ending Balance, Shares at Mar. 31, 2026 11,019,472 4,979,529    
Beginning balance, value at Dec. 31, 2025 $ 43,357,396 $ 8,637,560 14,193,219 66,188,175
Beginning Balance, Shares at Dec. 31, 2025 10,239,573 4,979,529    
Stock based compensation       42,070
Net income       (1,954,948)
Ending balance, value at Jun. 30, 2026 $ 46,712,126 $ 8,679,630 11,026,128 66,417,884
Ending Balance, Shares at Jun. 30, 2026 11,019,872 4,979,529    
Beginning balance, value at Mar. 31, 2026 $ 46,106,055 $ 8,658,595 13,022,075 67,786,725
Beginning Balance, Shares at Mar. 31, 2026 11,019,472 4,979,529    
Issuance of preferred stock, net
Issuance of preferred stock, net, Shares 400      
Stock based compensation 21,035 21,035
Preferred stock dividends accrued 606,071 (606,071)
Net income (1,389,876) (1,389,876)
Ending balance, value at Jun. 30, 2026 $ 46,712,126 $ 8,679,630 $ 11,026,128 $ 66,417,884
Ending Balance, Shares at Jun. 30, 2026 11,019,872 4,979,529