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STATEMENTS OF CASH FLOWS - USD ($)
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Cash flows from operating activities      
Net income (loss) $ (11,886,524) $ (7,011,036) $ 5,078,557
Adjustments to reconcile net income (loss) to net cash from (used) operating activities:      
Depreciation and amortization 7,569,946 7,527,227 4,602,961
Net unrealized (gain) loss on investments (10,806,320) 10,521,166 (2,343,359)
Realized gain (loss) on investments   (5,574,792) 327,926
Accreted interest   9,157 60,115
Bond amortization (1,024) (970) (159)
Deferred taxes 8,392,030 (1,873,367) 7,347,171
Provision for credit losses 571,682 626,940 322,991
Share-based compensation     10,125,813
Net realizable value inventory adjustment   175,355  
Other income - TIA (5,900,985) (6,223,891) (3,832,747)
(Increase) decrease in operating assets:      
Accounts receivable 2,313,342 (6,463,542) 29,701,396
Inventories (1,608,385) 2,927,445 (94,249)
Other current assets 199,606 313,848 (564,496)
Income taxes receivable 176,226 9,464,758 (10,619,886)
Other assets 48,439 32,460 (178,850)
Increase (decrease) in operating liabilities:      
Accounts payable (488,447) (1,625,890) (13,999,647)
Accrued liabilities (136,262) 807 (4,269,163)
Income taxes payable (360) (58,827) (4,896,246)
Net cash from (used) operating activities (11,557,036) 2,766,848 16,768,128
Cash flows from investing activities      
Purchase of property, plant, and equipment (1,439,943) (852,979) (16,830,077)
Purchase of debt and equity securities (899,750) (68,481,490) (18,135,191)
Proceeds from the sales of debt and equity securities 6,000,000 58,572,186 3,762,454
Net cash from (used) investing activities 3,660,307 (10,762,283) (31,202,814)
Cash flows from financing activities      
Repayments of long-term debt (304,988) (281,866) (283,933)
Proceeds from Technology Investment Agreement (TIA)   2,563,229 14,235,417
Proceeds from the exercise of stock options     13,800
Payment of preferred stock repurchase payable   (1,101,110) (1,101,110)
Payment of preferred stock dividends (230,445) (232,445) (252,879)
Redemption of preferred stock   (6,168)  
Repurchase of common stock     (7,618,177)
Net cash from (used) financing activities (535,433) 941,640 4,993,118
Net decrease in cash and cash equivalents (8,432,162) (7,053,795) (9,441,568)
Cash and cash equivalents at:      
Beginning of period 12,667,550 19,721,345 29,162,913
End of period 4,235,388 12,667,550 19,721,345
Supplemental schedule of cash flow information:      
Interest paid 122,500 161,322 110,537
Income taxes paid (received)   (9,747,329) 12,323,857
Supplemental schedule of noncash investing and financing activities:      
Preferred dividends declared, not paid 57,611 57,611 58,111
Amounts receivable under Technology Investment Agreement (TIA)     2,025,413
Redemption price payable $ 6,000 $ 6,000 6,000
Preferred stock repurchase payable     $ 1,091,953