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Investment in Progressive Beef, LLC
9 Months Ended
Sep. 30, 2021
Investments, All Other Investments [Abstract]  
Investment in Progressive Beef, LLC

Note 3 - Investment in Progressive Beef, LLC

 

For the three months ended September 30, 2021 and 2020, the Company received dividend income from Progressive Beef of $30,000, respectively, representing a distribution of their earnings. For the nine months ended September 30, 2021 and 2020, the Company received dividend income totaling $90,000, respectively. The income is reflected within the “Other income/(expense)” section of the Company’s Consolidated Statement of Income for the three and nine months ended September 30, 2021 and 2020.

 

 

Where Food Comes From, Inc.

Notes to the Consolidated Financial Statements

(Unaudited)