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Condensed Consolidated Statements of Shareholders' Equity (Unaudited) - USD ($)
Total
Preferred Stock
Common Stock
Additional Paid-in Capital
Retained Earnings
Treasury Stock, Common
Beginning Balance at Dec. 31, 2022 $ 30,986,798 $ 0 $ 1,138,096 $ 447,134 $ 33,323,666 $ (3,922,098)
Common Stock Shares at Dec. 31, 2022     966,132      
Treasury Stock Shares at Dec. 31, 2022           171,964
Net loss (583,137)       (583,137)  
Dividends declared (212,549)       (212,549)  
Ending Balance at Mar. 31, 2023 30,191,112 0 $ 1,138,096 447,134 32,527,980 $ (3,922,098)
Common Stock Shares at Mar. 31, 2023     966,132      
Treasury Stock Shares at Mar. 31, 2023           171,964
Beginning Balance at Dec. 31, 2023 $ 25,966,889 0 $ 1,138,096 447,134 28,303,757 $ (3,922,098)
Common Stock Shares at Dec. 31, 2023 966,132   966,132      
Treasury Stock Shares at Dec. 31, 2023           171,964
Net loss $ (698,004)       (698,004)  
Dividends declared (96,613)       (96,613)  
Ending Balance at Mar. 31, 2024 $ 25,172,272 $ 0 $ 1,138,096 $ 447,134 $ 27,509,140 $ (3,922,098)
Common Stock Shares at Mar. 31, 2024 966,132   966,132      
Treasury Stock Shares at Mar. 31, 2024           171,964