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Consolidated Statements of Cash Flows - USD ($)
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
CASH FLOWS FROM OPERATING ACTIVITIES    
Net Income (Loss) $ 8,856,800 $ (3,762,100)
Adjustments to reconcile net income (loss) to net cash from operating activities:    
Depreciation 1,084,200 619,800
Amortization of right of use assets 387,900 258,900
Forgiveness on PPP loan (10,000) (562,300)
Loss on sale of equipment 35,900 267,700
Stock compensation 499,900 115,700
Net change in assets and liabilities:    
Accounts receivable (1,035,300) (66,400)
Contract assets (2,167,200)
Prepaid expenses 290,300 (314,900)
Real estate (98,527,500) 6,755,900
Deferred revenue (851,500) 823,100
Deferred income tax (649,000) 171,600
Note receivable (2,000,000)
Payments on right of use liability (301,100) (273,800)
Accounts payable and accrued expenses 7,962,800 (1,015,400)
NET CASH (USED IN) PROVIDED BY OPERATING ACTIVITIES (86,423,800) 3,017,800
CASH FLOWS FROM INVESTING ACTIVITIES    
Purchase of property and equipment (745,600) (408,000)
Proceeds on the sale of equipment 69,500 987,200
NET CASH (USED IN) PROVIDED BY INVESTING ACTIVITIES (676,100) 579,200
CASH FLOWS FROM FINANCING ACTIVITIES    
Construction loans 53,366,600 21,722,100
Payments on construction loans (24,069,200) (21,277,300)
Financing fees construction loans (5,574,900) (1,048,700)
Construction loans related parties 19,789,600 19,758,300
Payments on construction loans related parties (11,793,800) (28,203,400)
Financing fees related party construction loans (1,982,900) (1,421,200)
Payments on financing leases (356,900) (564,400)
Proceeds from note payable PPP loan 582,800
Payments on PPP loan (9,300) (1,200)
Due to related party (8,100)
Repayments on note payable D&O insurance (1,247,700) (484,300)
Net proceeds from issuance of common stock 25,101,000 10,789,000
Net proceeds from issuance of preferred stock 66,572,300
Dividends (2,054,000)
Repurchase of common stock (5,000,000)
Repayment on equipment loans (1,893,700) (1,409,000)
Proceeds from exercise of stock options 18,000
Deferred offering cost 65,100 (65,100)
NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES 110,930,200 (1,630,500)
NET INCREASE IN CASH AND RESTRICTED CASH 23,830,300 1,966,500
CASH AT BEGINNING OF PERIOD 2,396,500 430,000
CASH AND RESTRICTED CASH AT END OF PERIOD 26,226,800 2,396,500
SUPPLEMENTAL CASH FLOW INFORMATION    
Interest paid 4,190,200 1,266,300
SUPPLEMENTAL DISCLOSURE OF NON-CASH INVESTING AND FINANCING ACTIVITIES    
Financing of assets additions 1,566,800 4,570,800
Dividends declared but not paid 670,900
Amortization of debt discount capitalized 3,238,300 2,299,500
Stock issued for conversion of related party interest and principal 497,000
Cancellation of finance leases 99,100
New right of use obligations 2,943,800
Financing of D&O insurance 1,410,400 1,225,500
Conversion of preferred to common stock $ 64,800