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Balance Sheets (Current Period Unaudited) - USD ($)
Mar. 31, 2020
Dec. 31, 2019
Current assets:    
Cash $ 2,867,156 $ 3,280,289
Certificates of deposit 3,163,163 2,697,000
Equity investment in mutual funds 499,610 500,642
Accounts receivable 77,685 102,786
Prepaid expense and other assets 148,686 39,731
Total current assets 6,756,300 6,620,448
Property and equipment, net 9,241,556 9,242,082
Total assets 15,997,856 15,862,530
Current liabilities:    
Trade payables and accrued expenses 128,353 62,253
Unearned revenue 167,325 165,158
Income tax payable 8,677
Total current liabilities 304,355 227,411
Deferred income tax payable 187,664 187,664
Total liabilities 492,019 415,075
Stockholders' equity:    
Common stock, 3,000,000 authorized, no par value, 1,942,495 issued and outstanding as of March 31, 2020 and December 31, 2019 59,335 59,335
Retained earnings 15,446,502 15,388,120
Total stockholders' equity 15,505,837 15,447,455
Total liabilities and stockholders' equity $ 15,997,856 $ 15,862,530