Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)	9 Months Ended
	Sep. 30, 2025	Sep. 30, 2024
Cash flows from operating activities:
Net income	$ 26,007,467	$ 12,919,761
Adjustments to reconcile net income to net cash flows provided by operating activities:
Net realized losses on investments	12,126	59,838
Net unrealized gains on equity investments	(94,228)	(977,117)
Net unrealized gains on other investments	(508,492)	(402,028)
Gain on sale of real estate	(1,965,989)	0
Depreciation and amortization	1,881,880	1,835,503
Credit losses	96,191	85,273
Accretion of bond discount, net	(29,812)	(560,649)
Amortization of discount and issuance costs on debt	65,163	819,930
Loss on extinguishment of debt	174,962	296,553
Stock-based compensation	1,241,040	906,375
Deferred income tax expense	16,108	3,689,197
Decrease (increase) in operating assets:
Premiums receivable, net	3,418,148	(4,081,882)
Reinsurance receivables, net	9,303,376	9,847,085
Prepaid reinsurance	(2,142,329)	0
Deferred policy acquisition costs	(645,410)	(2,049,801)
Other assets	(2,917,202)	429,999
Increase (decrease) in operating liabilities:
Loss and loss adjustment expense reserves	14,983,818	(4,975,411)
Unearned premiums	5,339,407	14,353,241
Advance premiums	4,208,894	1,509,633
Reinsurance balances payable	(4,819,092)	(2,970,585)
Deferred ceding commission revenue	(3,978,822)	825,228
Accounts payable, accrued expenses and other liabilities	3,414,339	3,399,435
Net cash flows provided by operating activities	53,061,543	34,959,578
Cash flows from investing activities:
Redemption - fixed-maturity securities held-to-maturity	1,000,000	0
Purchase - fixed-maturity securities available-for-sale	(88,164,845)	(125,744,401)
Sale and maturity - fixed-maturity securities available-for-sale	29,313,789	113,854,152
Purchase - equity securities	(19,100)	0
Sale - equity securities	0	4,410,859
Proceeds from sale of real estate	3,600,000	0
Acquisition of property and equipment	(2,092,928)	(1,738,969)
Net cash flows used in investing activities	(56,363,084)	(9,218,359)
Cash flows from financing activities:
Principal payments on equipment financing	(910,736)	(859,045)
Issue costs on 2024 Notes and 2022 Notes	0	(203,381)
Proceeds from exercise of stock options	64,591	0
Withholding taxes paid on net exercise of stock options	(14,305)	0
Withholding taxes paid on vested restricted stock awards	(548,500)	(961,091)
Net proceeds from issuance of common stock	9,470,453	9,066,098
Dividends paid	(707,101)	0
Net cash flows provided by (used in) financing activities	1,404,402	(957,419)
(Decrease) increase in cash and cash equivalents	(1,897,139)	24,783,800
Cash and cash equivalents, beginning of period	28,669,441	8,976,998
Cash and cash equivalents, end of period	26,772,302	33,760,798
Supplemental disclosures of cash flow information:
Cash paid for income taxes	5,819,000	0
Cash paid for interest	1,520,130	1,695,141
Supplemental schedule of non-cash investing and financing activities:
Other comprehensive income, net of tax	5,430,946	3,234,450
Senior Notes due 2022
Cash flows from financing activities:
Principal payment on notes	0	(5,000,000)
Senior Notes due 2024
Cash flows from financing activities:
Principal payment on notes	$ (5,950,000)	$ (3,000,000)