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Note 12 - Income Taxes
 6 Months Ended
Jun. 30, 2025
Notes to Financial Statements  
Income Tax Disclosure [Text Block]

12.

Income Taxes

 

The Company’s tax provision is based on its estimated annual effective tax rate. We continue to fully recognize our tax benefits, and as of June 30, 2025 and December 31, 2024, we did not have any unrecognized tax benefits. Our provision for income taxes for the six months ended June 30, 2025 and 2024 comprises the following:

         

   

Three months ended

June 30,

    

Six months ended

June 30,

  
    2025     2024     2025     2024  

(Benefit from) provision for federal income taxes - current

   $ (51,536 )   $ 302,100     $ 56,324     $ 472,040  

Provision for state income taxes - current

     -       -       813       225  

Provision for (benefit from) federal income taxes - deferred

     215,312       (53,141 )     253,703       17,428  

Total provision for income taxes

   $ 163,776     $ 248,959     $ 310,840     $ 489,693