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Nature of Operations and Summary of Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2024
Nature of Operations and Summary of Significant Accounting Policies  
Schedule of estimated useful lives

Buildings and improvements

    

 5-50 years

 

Equipment 

   3-7 years

Schedule of revisions to certain previously reported financial information

Revised Consolidated Balance Sheets as of December 31, 2023

    

As Revised

    

Adjustment

    

As Reported

Deferred compensation

$

521

$

(400)

$

921

Total liabilities

157,534

(400)

157,934

Deferred compensation liability

400

400

Total stockholders’ equity

35,919

400

35,519

Revised Consolidated Statement of Income for the year ended December 31, 2023

    

As Revised

    

Adjustment

    

As Reported

Earnings per share-basic and diluted

$

.63

$

(.02)

$

.65

Weighted-average shares outstanding basic and diluted

1,592,520

40,000

1,552,520

Revised Consolidated Statement of Stockholders’ Equity for the year ended December 31, 2023

    

As Revised

    

Adjustment

    

As Reported

Balance, December 31, 2023 – Deferred Comp Liability

$

400

$

400

$

Balance, December 31, 2023 - Total

$

35,919

$

400

$

35,519