Note 11 - Commitments and Contingencies

3 Months Ended

Mar. 31, 2025

Notes to Financial Statements

Commitments and Contingencies Disclosure [Text Block]

Note 11 – Commitments and Contingencies

On December 15, 2021, the Company announced plans for a fiber network initiative. The Company has made commitments to purchase materials and entered into contracts with various parties to successfully build this next-generation fiber network. As of March 31, 2025, the Company had outstanding contract amounts of approximately $8.6 million, with estimated completions of approximately $8.6 million in 2025. We are involved in certain contractual disputes in the ordinary course of business. We do not believe the ultimate resolution of any of these existing matters will have a material adverse effect on our financial position, results of operations or cash flows.

Our capital budget for 2025 is approximately $35.2 million and will be financed primarily through operating cash flows.