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Consolidated Statements of Changes in Stockholders' Equity (Unaudited) - USD ($)
Common Stock [Member]
Additional Paid-in Capital [Member]
Treasury Stock, Common [Member]
Retained Earnings [Member]
Total
Balance at Dec. 31, 2022 $ 11,757 $ 45,535,811 $ (798,939) $ (1,885,056) $ 42,863,573
Balance, shares at Dec. 31, 2022 11,757,058   262,113    
Non - cash compensation   6,532     6,532
Dividends declared and payable (1,289,428) (1,289,428)
Net income 2,681,328 2,681,328
Purchase of treasury shares     $ (164,806)   (164,806)
Purchase of treasury stock, shares     33,360    
Dividends paid       (1,293,181) (1,293,181)
Balance at Jun. 30, 2023 $ 11,757 45,542,343 $ (963,745) (1,786,337) 42,804,018
Balance, shares at Jun. 30, 2023 11,757,058   295,473    
Balance at Mar. 31, 2023 $ 11,757 45,539,077 $ (798,939) (1,918,595) 42,833,300
Balance, shares at Mar. 31, 2023 11,757,058   262,113    
Non - cash compensation   3,266     3,266
Dividends declared and payable       (1,289,428) (1,289,428)
Net income 1,421,686 1,421,686
Purchase of treasury shares     $ (164,806)   (164,806)
Purchase of treasury stock, shares     33,360    
Balance at Jun. 30, 2023 $ 11,757 45,542,343 $ (963,745) (1,786,337) 42,804,018
Balance, shares at Jun. 30, 2023 11,757,058   295,473    
Balance at Dec. 31, 2023 $ 11,757 45,548,876 $ (1,060,606) (1,567,321) 42,932,706
Balance, shares at Dec. 31, 2023 11,757,058   316,407    
Non - cash compensation   6,532     6,532
Dividends declared and payable       (1,315,445) (1,315,445)
Net income 2,885,264 2,885,264
Purchase of treasury shares     $ (9,800)   (9,800)
Purchase of treasury stock, shares     2,000    
Dividends paid       (1,315,445) (1,315,445)
Balance at Jun. 30, 2024 $ 11,757 45,555,408 $ (1,070,406) (1,312,947) 43,183,812
Balance, shares at Jun. 30, 2024 11,757,058   318,407    
Balance at Mar. 31, 2024 $ 11,757 45,552,142 $ (1,070,406) (1,406,555) 43,086,938
Balance, shares at Mar. 31, 2024 11,757,058   318,407    
Non - cash compensation   3,266     3,266
Dividends declared and payable       (1,315,445) (1,315,445)
Net income 1,409,053 1,409,053
Balance at Jun. 30, 2024 $ 11,757 $ 45,555,408 $ (1,070,406) $ (1,312,947) $ 43,183,812
Balance, shares at Jun. 30, 2024 11,757,058   318,407