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CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS EQUITY - USD ($)
Total
Preferred Stock
Common Stock
Shares to be returned to treasury
Additional Paid-In Capital
Accumulated Deficit
Balance, shares at Dec. 31, 2021   2,620,576 106,240,361      
Balance, amount at Dec. 31, 2021 $ 32,368,803 $ 26,205 $ 1,062,402 $ 0 $ 63,991,459 $ (32,711,263)
Issuance of common stock for directors' fees, shares     132,980      
Issuance of common stock for directors' fees, amount 62,501 0 $ 1,330 0 61,171 0
Series D preferred dividends declared (787,730) 0 0 0 0 (787,730)
Repurchase of common stock 202,980 0 0 202,980 0 0
Net income 428,661 0 0 0 0 428,661
Balance, amount at Dec. 31, 2022 31,869,255 $ 26,205 $ 1,063,732 (202,980) 64,052,630 (33,070,332)
Balance, shares at Dec. 31, 2022   2,620,576 106,373,341      
Net income (6,348,287) $ 0 $ 0 0 0 (6,348,287)
Common stock buyback and retirement, shares     418,696      
Common stock buyback and retirement, amount 0 $ 0 $ (4,187) 202,980 (198,793) 0
Conversion of Preferred Series D to Common Stock, shares   (1,692,672) 1,692,672      
Conversion of Preferred Series D to Common Stock, amount 0 $ (16,926) $ 16,927 0 (1) 0
Balance, amount at Dec. 31, 2023 $ 25,520,968 $ 9,279 $ 1,076,472 $ 0 $ 63,853,836 $ (39,418,619)
Balance, shares at Dec. 31, 2023   927,904 107,647,317