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Statements of Cash Flows (Unaudited) - USD ($)
6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income (loss) $ (271,951) $ 601,155
Adjustments to reconcile net income to net cash used in operating activities:    
Depreciation expense 1,190 1,010
Depletion expense 174 430
Gain on sale of land (0) 590,265
Unrealized (gain) loss on equity investment in mutual funds 504 (38)
Share-based compensation 414,291 0
Changes in operating assets and liabilities:    
(Increase) decrease in current assets (204,138) (33,613)
Increase (decrease) in current liabilities (79,349) (42,697)
Net cash used in operating activities (139,279) (64,018)
CASH FLOWS FROM INVESTING ACTIVITIES    
Purchases of mutual funds (538) (124)
Purchase of property and equipment (12,835) 0
Costs of reforesting timber (16,462) (14,114)
Proceeds from the sale of fixed assets 0 745,237
Net cash (used in) provided by investing activities (29,835) 730,999
CASH FLOWS FROM FINANCING ACTIVITIES    
Repurchases of common stock (131,335) 0
Net cash used in investing activities (131,335) 0
NET CHANGE IN CASH AND CASH EQUIVALENTS (300,449) 666,981
Cash and cash equivalents, beginning of the period 7,409,873 6,463,255
Cash and cash equivalents, end of the period 7,109,424 7,130,236
SUPPLEMENTAL CASH FLOW INFORMATION    
Cash paid for interest 0 0
Cash paid for income taxes $ 16,947 $ 51,423