Note 3 - Property and Equipment

12 Months Ended

Dec. 31, 2024

Notes to Financial Statements

Property, Plant and Equipment Disclosure [Text Block]

Note 3: Property and Equipment

Property and equipment consisted of the following:

	December 31,
	2024			2023
Land	$	6,760,765		$	6,815,711
Timber		2,250,525			2,250,616
Equipment		120,873			120,873
		9,132,163			9,187,200
Accumulated depreciation		(96,058	)		(91,797	)
Total	$	9,036,105		$	9,095,403

Depreciation expense was $4,261 for the years ended December 31, 2024 and 2023. Depletion expense was $91 and $685 for the years ended December 31, 2024 and 2023, respectively.