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Condensed Consolidated Statements of Operations, Comprehensive (Loss) Income and Retained Earnings (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
REVENUE        
Commission income $ 572,119 $ 489,998 $ 1,711,014 $ 1,743,342
Net investment income (Note 5) 352 1,400 1,122 1,452
TOTAL REVENUE 572,471 491,398 1,712,136 1,744,794
LOSSES AND EXPENSES        
Operating and management expenses 1,187,124 463,082 3,163,024 2,407,713
TOTAL LOSSES AND EXPENSES 1,187,124 463,082 3,163,024 2,407,713
NET (LOSS) INCOME BEFORE TAX (614,653) 28,316 (1,450,888) (662,919)
Income tax expense (benefit) 117,730 470,025 229,310 389,705
NET LOSS AFTER TAX (732,385) (441,709) (1,680,200) (1,052,624)
OTHER COMPREHENSIVE LOSS        
Net unrealized holding losses arising during the period 0 0 0 0
OTHER COMPREHENSIVE LOSS 0 0 0 0
COMPREHENSIVE LOSS (732,383) (441,709) (1,680,200) (1,052,624)
RETAINED EARNINGS, BEGINNING OF PERIOD 2,777,785 5,045,248 3,725,600 5,656,163
Net (loss) income (732,385) (441,709) (1,680,200) (1,052,624)
Dividends 0 0 0 0
RETAINED EARNINGS, END OF PERIOD $ 2,045,400 $ 4,603,539 $ 2,045,400 $ 4,603,539
Net loss per share        
Basic (in dollars per share) $ (1.18) $ (0.71) $ (2.71) $ (1.7)
Diluted (in dollars per share) (1.18) (0.71) (2.71) (1.7)
Dividends (in dollars per share) $ 0 $ 0 $ 0 $ 0
Weighted average number of shares outstanding for the entire period        
Basic (in shares) 619,392 619,392 619,392 619,392
Diluted (in shares) 619,392 619,392 619,392 619,392