Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)	6 Months Ended
	Jun. 30, 2026	Jun. 30, 2025
Cash flows from operating activities:
Net income	$ 9,661,921	$ 15,134,992
Adjustments to reconcile net income to net cash flows provided by operating activities:
Net realized losses on investments	205,251	5,804
Net unrealized losses on equity investments	297,895	288,506
Net unrealized losses (gains) on other investments	271,856	(702,782)
Gain on sale of real estate	0	(1,965,989)
Depreciation and amortization	1,476,980	1,237,227
Credit losses	56,145	69,060
Accretion of bond discount, net	5,133	(28,977)
Amortization of discount and issuance costs on debt	0	62,757
Loss on extinguishment of debt	0	174,962
Stock-based compensation	1,299,915	810,867
Deferred income tax benefit	(654,068)	(372,296)
Decrease (increase) in operating assets:
Premiums receivable, net	1,672,030	4,419,958
Reinsurance receivables, net	5,686,403	13,883,393
Prepaid reinsurance	335,227	(3,649,273)
Deferred policy acquisition costs	290,608	884,341
Other assets	(1,865,007)	432,234
Increase (decrease) in operating liabilities:
Loss and loss adjustment expense reserves	26,936,400	7,717,026
Unearned premiums	(1,400,866)	(4,438,637)
Advance premiums	2,139,000	2,209,518
Reinsurance balances payable	(3,534,237)	(5,068,605)
Deferred ceding commission revenue	(5,532,175)	(4,545,591)
Accounts payable, accrued expenses and other liabilities	(1,235,414)	(2,586,241)
Taxes payable	1,346,781	3,159,483
Net cash flows provided by operating activities	37,459,778	27,131,737
Cash flows from investing activities:
Purchase - fixed-maturity securities available-for-sale	(45,409,491)	(46,825,871)
Sale and maturity - fixed-maturity securities available-for-sale	17,223,774	20,172,732
Purchase - equity securities	(51,800)	(19,100)
Proceeds from sale of real estate	0	3,600,000
Acquisition of property and equipment	(1,744,037)	(1,440,460)
Net cash flows used in investing activities	(29,981,554)	(24,512,699)
Cash flows from financing activities:
Principal payments on equipment financing	(638,979)	(602,712)
Proceeds from exercise of stock options	41,250	57,088
Withholding taxes paid on net exercise of stock options	0	(14,305)
Withholding taxes paid on vested restricted stock awards	(396,018)	(548,500)
Net proceeds from issuance of common stock	0	9,484,382
Acquisition of treasury stock	(291,833)	0
Dividends paid	(1,446,518)	0
Net cash flows (used in) provided by financing activities	(2,732,098)	2,425,953
Increase in cash and cash equivalents	4,746,126	5,044,991
Cash and cash equivalents, beginning of period	12,178,730	28,669,441
Cash and cash equivalents, end of period	16,924,856	33,714,432
Supplemental disclosures of cash flow information:
Cash paid for income taxes-federal	1,762,000	1,353,000
Cash paid for income taxes-state	250	0
Cash paid for interest	122,285	1,370,448
Supplemental schedule of non-cash investing and financing activities:
Other comprehensive (loss) income, net of tax	(2,440,506)	3,244,917
Lease liability in exchange for right-of-use asset	0	198,042
Senior Notes due 2024
Cash flows from financing activities:
Principal payments on 2024 Notes	$ 0	$ (5,950,000)