v3.26.1
FAIR VALUE OF FINANCIAL INSTRUMENTS (Tables)
6 Months Ended
Jun. 30, 2026
FAIR VALUE OF FINANCIAL INSTRUMENTS  
Schedule of fair value of values of assets designated as Investments in equity securities

The Company considers any potential impairment of property, plant, and equipment, including construction in progress, to be a Level 3 fair value measurement.

The following tables summarize the values of assets designated as Investments in debt and equity securities:

June 30, 2026

  ​ ​ ​

Level 1

  ​ ​ ​

Level 2

  ​ ​ ​

Level 3

  ​ ​ ​

Total

Mutual funds

$

36,642,550

$

$

$

36,642,550

Municipal bonds

586,405

586,405

$

37,228,955

$

$

$

37,228,955

December 31, 2025

  ​ ​ ​

Level 1

  ​ ​ ​

Level 2

  ​ ​ ​

Level 3

  ​ ​ ​

Total

Mutual funds

33,774,204

$

$

$

33,774,204

Municipal bonds

 

608,604

608,604

$

34,382,808

$

$

$

34,382,808

Schedule of gross unrealized gains (losses) on investments in equity securities

The investment assets are held as debt and equity securities and are carried at fair value as of the date of the Condensed Balance Sheets. The Company intends to hold these assets for possible future operating requirements. The following table summarizes gross unrealized gains and losses from Investments in debt and equity securities:

June 30, 2026

Cumulative Unrealized

Aggregate

  ​ ​ ​

Cost

  ​ ​ ​

Gains

  ​ ​ ​

Losses

  ​ ​ ​

Fair Value

Mutual funds

$

36,552,611

$

89,939

$

$

36,642,550

Municipal bonds

557,938

28,467

586,405

$

37,110,549

$

118,406

$

$

37,228,955

December 31, 2025

Cumulative Unrealized

Aggregate

  ​ ​ ​

Cost

  ​ ​ ​

Gains

  ​ ​ ​

Losses

  ​ ​ ​

Fair Value

Mutual funds

33,695,124

$

79,080

33,774,204

Municipal bonds

 

582,289

26,315

608,604

$

34,277,413

$

105,395

$

$

34,382,808

Unrealized gains (losses) on investments in debt securities were $13 thousand and $(5.6) million for the six months ended June 30, 2026 and 2025, respectively.