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Note I - Supplemental Disclosures of Cash Flow Information and Non-cash Investing and Financing Activities
12 Months Ended
Dec. 31, 2025
Notes to Financial Statements  
Cash Flow, Supplemental Disclosures [Text Block]

NOTE I - SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION AND NON-CASH INVESTING AND FINANCING ACTIVITIES

 

As of December 31, 2025, the Company had a number of unconverted Guardian Chemical shares that would convert to approximately 174 shares of United-Guardian, Inc. common stock if all of the remaining holders of those Guardian shares converted their Guardian stock to United-Guardian stock. The Company’s transfer agent continues to try to locate the holders of those shares in anticipation of escheating them to the appropriate state jurisdictions. The Company is currently accruing dividends on the 174 shares that have not yet been exchanged or designated for escheatment as of December 31, 2025, and the Company will continue to do so as dividends are declared.