v3.26.1
Consolidated Statements of Cash Flows (Unaudited) - USD ($)
 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 19,127 $ 172,184
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization expense 148,462 176,692
Amortization of debt discount 12,836 12,836
Stock-based compensation 109,250
Stock option (recovery) expense (93,105) 68,636
Loss on forfeited escrow deposit 199,650
Gain on sales of rental properties, net (237,815)
Bad debt recovery (33,016)
Lease costs (330) 329
(Income) loss from interest rate swap (79,255) 137,309
Change in operating assets and liabilities:    
Accounts receivable 322,583 152,676
Deferred rent receivable (419,553) (239,805)
Lease incentive receivable 13,761 13,761
Prepaid expenses and other assets (20,321) 150,957
Accounts payable 16,080 (63,080)
Accrued expenses 129,541 (21,264)
Contract liabilities 920,200 (6,840)
Security deposits payable 33,333 15,399
NET CASH PROVIDED BY OPERATING ACTIVITIES 1,041,428 569,790
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchases of rental properties and improvements (600,000)
Proceeds from sale of rental properties 562,075
Decrease (increase) in capitalized project costs 9,598 (143,361)
Investment in cost-method investees (84,110)
Decrease (increase) in escrow deposits 32,900 (18,181)
NET CASH PROVIDED BY (USED IN) INVESTING ACTIVITIES 604,573 (845,652)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Purchase of treasury stock (26,858)
Net proceeds from notes payable 300,000
Repayment of notes payable (37,350) (31,413)
NET CASH (USED IN) PROVIDED BY FINANCING ACTIVITIES (37,350) 241,729
NET INCREASE (DECREASE) IN CASH 1,608,651 (34,133)
CASH, beginning of period 837,767 1,019,980
CASH, end of period 2,446,418 985,847
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION    
Interest paid 349,837 362,045
NON-CASH INVESTING AND FINANCING ACTIVITIES:    
Reclassification of capitalized project costs to prepaid expenses and other assets 142,312
Common stock issued for future services 437,000
Accounts receivable, net 36,558
Deferred rent receivable 444,443
Rental properties, net 2,632,500
Total decrease in assets from sale of rental properties 3,113,501
Accrued expenses 36,482
Notes payable 1,702,608
Security deposits payable 56,100
Total liabilities assumed by buyers 1,795,190
Decrease in net assets from sale of rental properties (1,318,311)
Increase in escrow deposits due from sale of rental properties 994,051
Cash received from sale of rental properties 562,075
Gain from sale of rental properties $ 237,815