Consolidated Statements of Cash Flows - USD ($)	12 Months Ended
	Dec. 31, 2025	Dec. 31, 2024
Cash flows from operating activities:
Net income	$ 40,767,128	$ 18,358,436
Adjustments to reconcile net income to net cash flows
Net realized losses on investments	222,706	62,349
Net unrealized losses on equity investments	259,010	6,606
Net unrealized gains on other investments	(171,722)	(483,506)
Gain on sale of real estate	(1,965,989)	0
Depreciation and amortization	2,559,835	2,448,932
Bad debt expense	599,653	115,470
Accretion of bond discount, net	(17,958)	(520,901)
Amortization of discount and issuance costs on debt	65,163	989,101
Loss on extinguishment of debt	174,962	296,553
Stock-based compensation	1,482,357	1,382,912
Deferred income tax (benefit) expense	(201,548)	4,927,561
Decrease (increase) in operating assets:
Premiums receivable, net	154,927	(8,277,650)
Reinsurance receivables, net	10,325,491	6,271,476
Prepaid reinsurance	(2,142,329)	0
Deferred policy acquisition costs	(3,134,836)	(4,929,807)
Other assets	(2,335,136)	(1,850,192)
Increase (decrease) in operating liabilities:
Loss and loss adjustment expense reserves	14,328,190	4,392,566
Unearned premiums	19,326,339	29,080,195
Advance premiums	500,390	(294,527)
Reinsurance balances payable	(5,276,802)	(2,328,019)
Deferred ceding commission revenue	(3,178,710)	2,080,374
Accounts payable, accrued expenses and other liabilities	683,261	6,219,842
Taxes payable	2,835,135	0
Net cash flows provided by operating activities	75,859,517	57,947,771
Cash flows from investing activities:
Redemption - fixed-maturity securities held-to-maturity	1,000,000	0
Purchase - fixed-maturity securities available-for-sale	(154,381,310)	(165,000,894)
Sale and maturity - fixed-maturity securities available-for-sale	59,751,659	127,665,799
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	(2,807,551)	(2,337,205)
Net cash flows used in investing activities	(92,856,302)	(35,261,441)
Cash flows from financing activities:
Principal payments on equipment financing	(1,223,293)	(1,153,862)
Issue costs on 2024 and 2022 Notes	0	(203,902)
Proceeds from exercise of stock options	62,714	63,711
Proceeds from employee stock purchase plan	137,116	0
Withholding taxes paid on net exercise of stock options	(14,305)	0
Withholding taxes paid on vested restricted stock awards	(562,214)	(1,310,641)
Net proceeds from issuance of common stock	9,470,453	13,610,807
Dividends paid	(1,414,397)	0
Net cash flows provided by (used in) financing activities	506,074	(2,993,887)
(Decrease) increase in cash and cash equivalents	(16,490,711)	19,692,443
Cash and cash equivalents, beginning of period	28,669,441	8,976,998
Cash and cash equivalents, end of period	12,178,730	28,669,441
Supplemental disclosures of cash flow information:
Cash paid for income taxes-federal	8,028,000	0
Cash paid for income taxes-state	250	0
Cash paid for interest	1,588,205	2,524,555
Supplemental schedule of non-cash investing and financing activities:
Other comprehensive income, net of tax	6,093,946	99,087
Lease liability in exchange for right-of-use asset	198,042	0
Senior Notes due 2022
Cash flows from financing activities:
Principal payments on notes	0	(5,000,000)
Senior Notes due 2024
Cash flows from financing activities:
Principal payments on notes	$ (5,950,000)	$ (9,000,000)