XML 83 R63.htm IDEA: XBRL DOCUMENT v3.24.1
Note 10 - Income Taxes - Components of Income Tax (Provision) Benefit (Details) - USD ($)
 12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Current federal income tax expense $ 0 $ 0
Current state income tax expense 166,223 256,971
Deferred federal income tax benefit (2,138,204) (1,004,743)
Deferred state income tax benefit (1,006,757) (1,757,161)
Total income tax benefit before valuation allowance (2,978,738) (2,504,933)
Valuation allowance 0 0
Total income tax benefit (2,978,738) (2,504,933)
Net operating loss carryforwards 18,672,782 7,011,687
Tax credits 643,945 643,945
Lease liabilities 14,555,615 15,644,321
Premium adjustments and IBNR 580,373 906,208
Disallowed interest expense carryforwards 1,204 201,725
Other 70,452 54,714
Total Deferred Tax Assets 34,524,371 24,462,600
Valuation allowance (846,633) (832,123)
Net deferred tax assets 33,677,738 23,630,477
Property and equipment (19,504,745) (14,785,116)
Intangibles (8,269,752) (5,637,973)
Right of use assets (14,684,988) (15,721,959)
Investment in unconsolidated subsidiaries (2,570,253) (745,464)
Unrealized gain on securities (759,812) (1,679,572)
Total deferred tax liabilities (45,789,550) (38,570,084)
Net deferred tax liabilities $ (12,111,812) $ (14,939,607)