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Note 8 - Commitments and Contingencies (Tables)
12 Months Ended
Dec. 31, 2022
Notes Tables  
Assets and Liabilities, Lessee [Table Text Block]
 

Balance Sheet Location

 

December 31, 2022

 

Operating Leases:

     

Operating lease right-of-use assets

Operating lease right-of-use assets

 $209,669 
      

Current portion of operating lease liabilities

Operating lease, current portion

  139,794 

Noncurrent portion of operating lease liabilities

Operating lease

  71,714 

Total operating lease liabilities

 $211,508 
      

Finance Leases:

     

Finance lease right-of-use assets

Property, plant, and equipment

 $4,124,093 
      

Current portion of finance lease liabilities

Finance lease, current portion

  1,078,506 

Noncurrent portion of finance lease liabilities

Finance lease

  2,984,618 

Total finance lease liabilities

 $4,063,124 
Lease, Cost [Table Text Block]
  

For the Year Ended December 31, 2022

  

For the Year Ended December 31, 2022(1)

 

Operating lease cost

 $135,842  $131,191 
         

Finance lease cost:

        

Amortization of lease assets

  977,771   79,495 

Interest on lease liabilities

  251,228   21,108 

Total finance lease costs

 $1,228,999  $100,603 
Other Supplemental Lease Information [Table Text Block]
  

December 31, 2022

 

Weighted average remaining lease term (in years):

    

Operating leases

  1.48 

Finance leases

  3.73 
     

Weighted average discount rate:

    

Operating leases

  7.35%

Finance leases

  7.05%
     

Cash paid for amounts included in the measurement of lease liabilities for the year ended December 31, 2022:

    

Operating cash flows from operating leases

 $133,637 

Operating cash flows from finance leases

 $251,228 

Financing cash flows from finance leases

 $985,622 
Lease, Liability, Fiscal Year Maturity [Table Text Block]
  

Payments Due by Period

 
  

2023

  

2024

  

2025

  

2026

  

Thereafter

  

Total

 

Finance leases

 $1,329,924  $1,305,620  $984,853  $902,927  $116,018  $4,639,342 

Less interest

  251,418   176,040   104,265   42,185   2310   576,218 

Finance lease liabilities

 $1,078,506  $1,129,580  $880,588  $860,742  $113,708  $4,063,124 
                         

Operating leases

 $150,687  $73,193  $-  $-  $-  $223,880 

Less present value adjustment

  10,893   1,479   -   -   -   12,372 

Operating lease liabilities

 $139,794  $71,714  $-  $-  $-  $211,508