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Consolidated Statements of Cash Flows - USD ($)
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Cash Provided by/(Applied to) Operating Activities:    
Net Income $ 726,516 $ 403,738
Adjustments to Reconcile Net Income to Net Cash Provided by Operating Activities:    
Depreciation, Depletion, Amortization and Valuation Provision 509,169 934,733
Depreciation Attributable to TWS 18,973 18,154
Accretion of Asset Retirement Obligation 41,029 18,221
Expired Leases 6,265 (1,440)
Cash Distributions from Equity Method Investees 20,000 0
Gain on Equity Method and Other Investments (6,905) (256,966)
Net (Gain)/Loss on Equity Securities (133,691) (82,634)
Deferred Income Tax Expense 746,995 121,913
Change in Receivables (114,242) 663,415
Change in Accounts Payable and Other Current Liabilities (209,911) (233,667)
Net Cash Provided by Operating Activities 1,604,198 1,585,467
Cash Provided by/(Applied to) Investing Activities:    
Maturity of Available-for-Sale Debt Securities 2,534,727 1,151,965
Purchase of Available-for-Sale Debt Securities (313,826) (2,312,854)
Purchase of Property, Plant and Equipment (2,880,762) (847,636)
Purchase of Investments (230,050) (110,232)
Cash Distributions from Equity Method and Other Investments 4,000 320,998
Sale of Equity Securities 2,361,375 151,518
Purchase of Equity Securities (2,327,691) (556,029)
Net Cash Applied to Investing Activities (852,227) (2,202,270)
Cash Provided by/(Applied to) Financing Activities:    
Purchase of Treasury Stock (126,020) 0
Principal Payments on Note Payable (35,064) (33,835)
Capital Contributions from Non-Controlling Interests 3,749 23,298
Total Cash Applied to Financing Activities (157,335) (10,537)
Net Change in Cash and Cash Equivalents 594,636 (627,340)
Cash and Cash Equivalents, Beginning of Period 5,218,474 7,299,224
Cash and Cash Equivalents, End of Period 5,813,110 6,671,884
Supplemental Disclosures of Cash Flow Information:    
Interest Paid 13,039 14,268
Income Taxes Paid (Net of Refunds Received) (11,201) 100
Supplemental Schedule of Noncash Investing and Financing Activities:    
Net Increase in Accounts Payable for Property, Plant and Equipment Additions (900,424) (102,166)
Net Decreases in Asset Retirement Obligation $ 387,374 $ 5,763