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Note 1 - Organization (Details Textual)
$ / shares in Units, $ in Thousands
1 Months Ended 3 Months Ended 12 Months Ended 15 Months Ended 24 Months Ended
May 31, 2023
USD ($)
Apr. 30, 2023
USD ($)
Mar. 31, 2024
USD ($)
$ / shares
bbl
Mar. 31, 2023
USD ($)
$ / shares
Dec. 31, 2023
USD ($)
Mar. 31, 2024
USD ($)
bbl
Apr. 30, 2027
USD ($)
Distillation Tower, Volume Per Day (Barrel of Oil) | bbl     15,000     15,000  
Volume of Storage Tank Capacity (Barrel of Oil) | bbl     1,250,000     1,250,000  
Number of Operating Segments           2  
Working Capital (Deficit)     $ 300   $ (6,100) $ 300  
Working Capital (Deficit), Change From Previous Reporting Period     6,400        
Secured Debt, Current     40,600   39,400 40,600  
Secured Debt, Current, Change From Previous Reporting Period     1,100        
Assets, Current     52,838   49,290 52,838  
Assets, Current, Change From Previous Reporting Period     3,500        
Liabilities, Current     52,535   55,425 52,535  
Liabilities, Current, Change From Previous Reporting Period     2,900        
Liabilities, Other than Current Portion of Long-Term Debt, Current     12,000   16,000 12,000  
Liabilities, Other than Current Portion of Long-Term Debt, Current, Change From Previous Reporting Period     4,000        
Repayments of Long-Term Debt     345 $ 560      
Net Income (Loss) Attributable to Parent     $ 6,624 $ 16,753      
Earnings Per Share, Basic (in dollars per share) | $ / shares     $ 0.44 $ 1.12      
Net Income (Loss), Change From Previous Reporting Period     $ 10,100        
Earnings Per Share Basic, Change From Previous Reporting Period (in dollars per share) | $ / shares     $ 0.68        
Working Capital (Deficit), Excluding Long-term Debt, Current     $ 40,900   33,300 $ 40,900  
Working Capital (Deficit), Excluding Current Portion of Long-term Debt, Change From Previous Reporting Period     $ 7,600        
An Affiliate Combined with Jonathan Carroll [Member]              
Ownership Percentage     83.00%     83.00%  
Nonrelated Party [Member]              
Debt Instrument, Periodic Payment [1]     $ 10        
Nonrelated Party [Member] | Veritex Community Bank [Member]              
Repayments of Long-Term Debt     4,300        
Escrow Deposit     1,000     $ 1,000  
Legal Fees     40        
Nonrelated Party [Member] | Kissick Forbearance Agreement [Member]              
Debt Instrument, Periodic Payment   $ 500 500        
Debt Instrument, Periodic Payment Terms, Balloon Payment to be Paid     400   400 $ 400  
Repayments of Notes Payable     1,500 $ 0      
Nonrelated Party [Member] | LEH Forbearance Agreement [Member]              
Debt Instrument, Periodic Payment $ 50       $ 50    
Repayments of Notes Payable     $ 100 $ 0      
Nonrelated Party [Member] | LEH Forbearance Agreement [Member] | Forecast [Member]              
Debt Instrument, Periodic Payment             $ 400
[1] Original principal amount was $0.5 million; the Blue Dolphin Term Loan Due 2051 was modified to increase the principal amount by $1.5 million. Payments deferred for thirty (30) months; first payment due and paid in November 2023; interest accrues during deferral period; loan not forgivable.