XML 72 R60.htm IDEA: XBRL DOCUMENT v3.23.1
INCOME TAXES - Deferred taxes (Details) - USD ($)
Dec. 31, 2022
Dec. 31, 2021
Deferred tax assets    
Net operating loss carry forwards $ 5,053,102 $ 130,643
Accrued expenses and reserves 713,429 1,298,083
Employee stock option expense   958,530
Nonemployee stock option expense   8,887
Inventories 159,405 118,201
Deferred income - TIA contract 15,860,880 18,199,768
Capital loss 67,962  
Interest expense limitation 24,572  
Deferred tax assets 21,879,350 20,714,112
Deferred tax liabilities    
Unrealized gains/losses (1,028,232) (665,960)
Property, plant, and equipment (14,049,742) (6,182,318)
Deferred tax liabilities (15,077,974) (6,848,278)
Net deferred assets 6,801,376 13,865,834
Valuation allowance (282,713) 0
Net deferred tax assets $ 6,518,663 $ 13,865,834