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CONDENSED BALANCE SHEETS - USD ($)
Mar. 31, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 2,765,893 $ 2,588,625
Accounts receivable, net 6,977,823 7,904,120
Investments in debt and equity securities, at fair value 32,852,028 34,382,808
Inventories 16,431,929 17,188,397
Income taxes receivable 308,106 308,106
Other current assets 622,432 711,274
Total current assets 59,958,211 63,083,330
Property, plant, and equipment, net 77,306,208 79,180,049
Other assets 330,938 366,910
Total assets 137,595,357 142,630,289
Current liabilities:    
Accounts payable 5,383,936 5,339,797
Current portion of long-term debt 372,315 365,277
Accrued compensation 919,090 762,213
Dividends payable 1,417,438 1,417,438
Accrued royalties to shareholder 656,996 748,213
Other accrued liabilities 1,687,149 957,409
Income taxes payable 9,182 7,345
Total current liabilities 10,446,106 9,597,692
Other long-term liabilities 56,622,897 58,127,212
Long-term debt, net of current maturities 434,118 530,368
Total liabilities 67,503,121 68,255,272
Stockholders' equity:    
Common Stock, no par value
Additional paid-in capital 73,160,333 73,160,333
Retained earnings 9,590,136 13,872,917
Common stock in treasury - at cost (12,888,678) (12,888,678)
Total stockholders' equity 70,092,236 74,375,017
Total liabilities and stockholders' equity 137,595,357 142,630,289
Series II, Class B    
Stockholders' equity:    
Preferred stock, $1 par value: Class B; authorized: 5,000,000 shares 156,200 156,200
Series III, Class B    
Stockholders' equity:    
Preferred stock, $1 par value: Class B; authorized: 5,000,000 shares $ 74,245 $ 74,245