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v3.23.1

Bank Debt (Details) | 3 Months Ended | 12 Months Ended |  |  |  |  |  |  |
--- | --- | --- | --- | --- | --- | --- | --- | --- | ---
Mar. 31, 2030 USD ($) | Jun. 30, 2020 USD ($) | Dec. 31, 2022 USD ($) | Dec. 31, 2020 USD ($) | Mar. 31, 2032 USD ($) | Dec. 31, 2024 | Sep. 30, 2024 | Jun. 30, 2024 | Mar. 31, 2022 USD ($) | Dec. 31, 2021 | Mar. 31, 2020 USD ($)
Bank Debt (Details) [Line Items] |  |  |  |  |  |  |  |  |  |  |
Mortgage debt |  |  |  |  |  |  |  |  | $ 2,000,000 |  |
Interest fixed rate |  |  |  |  |  |  |  |  | 3.58% |  |
Bearing interest percentage |  |  | 3.53% |  |  |  |  |  |  |  |
Debt issuance costs |  |  | $ 19,306 |  |  |  |  |  |  |  |
Minimum debt service coverage ratio |  |  | 1 |  |  |  |  |  |  | 1.35 |
Outstanding amount of loan |  |  | $ 1,000,000 |  |  |  |  |  |  |  |
Minimum [Member] |  |  |  |  |  |  |  |  |  |  |
Bank Debt (Details) [Line Items] |  |  |  |  |  |  |  |  |  |  |
Outstanding principal balance |  |  | 4,233,957 |  |  |  |  |  |  |  |
Maximum [Member] |  |  |  |  |  |  |  |  |  |  |
Bank Debt (Details) [Line Items] |  |  |  |  |  |  |  |  |  |  |
Outstanding principal balance |  |  | 6,233,957 |  |  |  |  |  |  |  |
Gorham Savings Bank [Member] |  |  |  |  |  |  |  |  |  |  |
Bank Debt (Details) [Line Items] |  |  |  |  |  |  |  |  |  |  |
Debt financing |  |  |  |  |  |  |  |  |  |  | $ 8,600,000
Line of credit |  |  |  |  |  |  |  |  |  |  | $ 1,000,000
Gorham Savings Bank [Member] | Loan #6 [Member] |  |  |  |  |  |  |  |  |  |  |
Bank Debt (Details) [Line Items] |  |  |  |  |  |  |  |  |  |  |
Escrow account |  |  | $ 5,100,000 |  |  |  |  |  |  |  |
Fixed interest rate |  |  | 3.50% |  |  |  |  |  |  |  |
Interest payments, term |  |  | 10 years |  |  |  |  |  |  |  |
Loan amortization, term |  |  | 25 years |  |  |  |  |  |  |  |
Gorham Savings Bank [Member] | Loan #7 [Member] |  |  |  |  |  |  |  |  |  |  |
Bank Debt (Details) [Line Items] |  |  |  |  |  |  |  |  |  |  |
Debt financing | $ 3,500,000 |  |  |  |  |  |  |  |  |  |
Fixed interest rate |  |  | 3.50% |  |  |  |  |  |  |  |
Loan amortization, term |  |  | 7 years |  |  |  |  |  |  |  |
Gorham Savings Bank [Member] | Loans #10 [Member] |  |  |  |  |  |  |  |  |  |  |
Bank Debt (Details) [Line Items] |  |  |  |  |  |  |  |  |  |  |
Debt financing |  |  |  | $ 1,500,000 |  |  |  |  |  |  |
Fixed interest rate |  |  |  | 3.50% |  |  |  |  |  |  |
Loan amortization, term |  |  |  | 7 years |  |  |  |  |  |  |
Maine Technology Institute [Member] | Loan #6 [Member] |  |  |  |  |  |  |  |  |  |  |
Bank Debt (Details) [Line Items] |  |  |  |  |  |  |  |  |  |  |
Debt financing |  |  | $ 1,400,000 |  |  |  |  |  |  |  |
Proceeds from issuance of loan |  |  | $ 624,167 |  |  |  |  |  |  |  |
Loan to value ratio |  |  | 80.00% |  |  |  |  |  |  |  |
Maine Technology Institute [Member] | Loan #9 [Member] |  |  |  |  |  |  |  |  |  |  |
Bank Debt (Details) [Line Items] |  |  |  |  |  |  |  |  |  |  |
Proceeds from issuance of loan |  | $ 500,000 |  |  |  |  |  |  |  |  |
Variable interest rate with LIBOR, description |  |  | The first 2.25 years of this loan were interest-free with no interest accrual or required principal payments. Beginning during the fourth quarter of 2022, Loan #3 became subject to quarterly principal and interest payments at a fixed rate of 5% per annum over the final five years of the loan, through the third quarter of 2027 if not repaid before then. On June 30, 2021, we executed definitive agreements covering a second loan from the MTI (Loan #5) in the aggregate principal amount of $400,000, proceeds from which were received in July 2021. The first two years of this loan are interest-free with no interest accrual or required principal payments. Principal and interest payments at a fixed rate of 5% per annum are due quarterly over the final 5.5 years of the loan, beginning during the third quarter of 2023 and continuing through the fourth quarter of 2028 if not repaid before then. These credit facilities are unsecured and subordinated to our indebtedness to GSB. Failure to make timely payments of principal and interest, or otherwise to comply with the terms of the agreements with the MTI, would entitle the MTI to accelerate the maturity of such debt and demand repayment in full. These loans may be prepaid without penalty at any time. |  |  |  |  |  |  |  |
Forecast [Member] |  |  |  |  |  |  |  |  |  |  |
Bank Debt (Details) [Line Items] |  |  |  |  |  |  |  |  |  |  |
Balloon principal payment | 3,145,888 |  |  |  | $ 3,687,348 |  |  |  |  |  |
Debt issuance costs |  |  |  |  | $ 70,170 |  |  |  |  |  |
Minimum debt service coverage ratio |  |  |  |  |  | 1.35 | 1.35 | 1.35 |  |  |
Forecast [Member] | Gorham Savings Bank [Member] | Loan #6 [Member] |  |  |  |  |  |  |  |  |  |  |
Bank Debt (Details) [Line Items] |  |  |  |  |  |  |  |  |  |  |
Balloon principal payment | $ 3,145,888 |  |  |  |  |  |  |  |  |  |
Forecast [Member] | Mortgage Note [Member] | Loan #6 [Member] |  |  |  |  |  |  |  |  |  |  |
Bank Debt (Details) [Line Items] |  |  |  |  |  |  |  |  |  |  |
Balloon principal payment | $3,145,888 |  |  |  |  |  |  |  |  |  |

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- Definition The designation of funds furnished by a borrower to a lender to assure future payments of the borrower's real estate taxes and insurance obligations with respect to a mortgaged property. Escrow deposits may be made for a variety of other purposes such as earnest money and contingent payments. This element excludes replacement reserves which are an escrow separately provided for within the US GAAP taxonomy. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-03.10) -URI https://asc.fasb.org/extlink&oid=126897435&loc=d3e534808-122878 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 954 -SubTopic 440 -Section 50 -Paragraph 1 -Subparagraph (d) -URI https://asc.fasb.org/extlink&oid=6491277&loc=d3e6429-115629 + Details
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