Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)	9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023
Cash flows from operating activities:
Net income (loss)	$ 12,919,761	$ (9,114,298)
Adjustments to reconcile net income (loss) to net cash flows provided by (used in) operating activities:
Net realized losses on investments	59,838	17,201
Net unrealized gains on equity investments	(977,117)	(173,178)
Net unrealized gains on other investments	(402,028)	(441,666)
Depreciation and amortization	1,835,503	2,327,691
Allowance for credit losses	85,273	59,099
Accretion of bond discount, net	(560,649)	118,280
Amortization of discount and issuance costs on debt	819,930	890,758
Loss on extinguishment of debt	296,553	0
Stock-based compensation	906,375	636,178
Deferred income tax expense (benefit)	3,689,197	(2,149,367)
Decrease (increase) in operating assets:
Premiums receivable, net	(4,081,882)	495,036
Reinsurance receivables, net	9,847,085	(17,792,865)
Deferred policy acquisition costs	(2,049,801)	3,287,131
Other assets	429,999	(144,475)
Increase (decrease) in operating liabilities:
Loss and loss adjustment expense reserves	(4,975,411)	3,335,434
Unearned premiums	14,353,241	(4,331,227)
Advance premiums	1,509,633	3,449,195
Reinsurance balances payable	(2,970,585)	7,201,518
Deferred ceding commission revenue	825,228	(1,226,518)
Accounts payable, accrued expenses and other liabilities	3,399,435	(2,198,271)
Net cash flows provided by (used in) operating activities	34,959,578	(15,754,344)
Cash flows from investing activities:
Purchase - fixed-maturity securities available-for-sale	(125,744,401)	(13,167,937)
Redemption - fixed-maturity securities held-to-maturity	0	750,000
Sale and maturity - fixed-maturity securities available-for-sale	113,854,152	33,453,349
Sale - equity securities	4,410,859	99,917
Acquisition of property and equipment	(1,738,969)	(1,380,256)
Net cash flows (used in) provided by investing activities	(9,218,359)	19,755,073
Cash flows from financing activities:
Principal payments on equipment financing	(859,045)	(810,289)
Issue costs on 2024 and 2022 Notes	(203,381)	(14,299)
Net proceeds from issuance of common stock	9,066,098	0
Withholding taxes paid on vested restricted stock awards	(961,091)	(1,400)
Net cash flows used in financing activities	(957,419)	(825,988)
Increase in cash and cash equivalents	24,783,800	3,174,741
Cash and cash equivalents, beginning of period	8,976,998	11,958,228
Cash and cash equivalents, end of period	33,760,798	15,132,969
Supplemental disclosures of cash flow information:
Cash paid for income taxes	0	0
Cash paid for interest	1,695,141	1,628,357
Supplemental schedule of non-cash investing and financing activities:
Other comprehensive income (loss), net of tax	3,234,450	(1,161,051)
Principal payment on 2022 Notes
Cash flows from financing activities:
Principal payment on Notes	(5,000,000)	0
Principal payment on 2024 Notes
Cash flows from financing activities:
Principal payment on Notes	$ (3,000,000)	$ 0