Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)	3 Months Ended
	Mar. 31, 2025	Mar. 31, 2024
Cash flows from operating activities:
Net income	$ 3,882,660	$ 1,426,679
Adjustments to reconcile net income to net cash flows provided by operating activities:
Net realized losses on investments	1,726	92,357
Net unrealized losses (gains) on equity investments	193,330	(641,722)
Net unrealized gains on other investments	(57,077)	(177,026)
Gain on sale of real estate	(1,965,989)	0
Depreciation and amortization	623,863	596,513
Credit losses	42,617	8,905
Accretion of bond discount, net	5,419	(61,218)
Amortization of discount and issuance costs on debt	62,757	296,919
Loss on extinguishment of debt	174,962	0
Stock-based compensation	339,010	265,789
Deferred income tax (benefit) expense	(125,822)	378,024
Decrease (increase) in operating assets:
Premiums receivable, net	4,711,531	(306,894)
Reinsurance receivables, net	8,504,288	4,869,975
Deferred policy acquisition costs	331,379	375,413
Other assets	303,613	(424,596)
Increase (decrease) in operating liabilities:
Loss and loss adjustment expense reserves	9,124,295	680,577
Unearned premiums	(2,470,381)	(671,761)
Advance premiums	576,712	783,344
Reinsurance balances payable	(4,693,173)	(2,039,754)
Deferred ceding commission revenue	(4,456,192)	(170,765)
Accounts payable, accrued expenses and other liabilities	2,747,779	817,461
Net cash flows provided by operating activities	17,857,307	6,098,220
Cash flows from investing activities:
Purchase - fixed-maturity securities available-for-sale	(21,250,155)	(45,625,725)
Sale and maturity - fixed-maturity securities available-for-sale	6,669,556	32,801,612
Sale - equity securities	0	1,777,738
Proceeds from sale of real estate	3,600,000	0
Acquisition of property and equipment	(863,468)	(540,975)
Net cash flows used in investing activities	(11,844,067)	(11,587,350)
Cash flows from financing activities:
Principal payments on equipment financing	(299,155)	(282,176)
Principal payment on 2024 Notes	(5,950,000)	0
Proceeds from exercise of stock options	56,149	0
Withholding taxes paid on net exercise of stock options	(14,305)	0
Withholding taxes paid on vested restricted stock awards	(530,880)	(6,392)
Net proceeds from issuance of common stock	9,545,692	0
Net cash flows provided by (used in) financing activities	2,807,501	(288,568)
Increase (decrease) in cash and cash equivalents	8,820,741	(5,777,698)
Cash and cash equivalents, beginning of period	28,669,441	8,976,998
Cash and cash equivalents, end of period	37,490,182	3,199,300
Supplemental disclosures of cash flow information:
Cash paid for income taxes	0	0
Cash paid for interest	1,370,448	98,456
Supplemental schedule of non-cash investing and financing activities:
Other comprehensive income (loss), net of tax	$ 2,223,186	$ (440,408)