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Note 7 - Leases (Tables)

9 Months Ended

Sep. 30, 2024

Notes Tables

Lessee, Operating and Finance Lease, Assets and Liabilities [Table Text Block]

		*September 30,*				*December 31,*
		*2024*				*2023*
Operating leases:
Operating lease right-of-use assets		$	4,914,954			$	4,055,837

Operating lease liabilities – current		$	577,628			$	531,355
Operating lease liabilities – long-term			4,337,326				3,527,082
Total operating lease liabilities		$	4,914,954			$	4,058,437

Finance leases:
Property and equipment, at cost		$	4,150,732			$	5,443,287
Accumulated depreciation			(1,149,871	)			(877,578	)
Property and equipment, net		$	3,000,861			$	4,565,709

Finance lease liabilities – current		$	479,779			$	590,550
Finance lease liabilities – long-term			1,764,671				2,879,932
Total finance lease liabilities		$	2,244,450			$	3,470,482

Weighted average remaining lease term:
Operating leases			8.3				8.3
Finance leases			3.4				4.3

Weighted average discount rate:
Operating leases			6.8	%			6.7	%
Finance leases			5.5	%			6.0	%

Maturity of Operating and Finance Lease Liabilities [Table Text Block]

		*Operating*				*Finance*
		*Leases*				*Leases*
2024 (remaining 3 months)		$	223,837			$	151,724
2025			889,160				600,486
2026			878,260				563,615
2027			878,260				1,094,959
2028			750,895				77,271
Thereafter			2,779,094				130,899
Total payment under lease agreements			6,399,506				2,618,954
Less imputed interest			(1,484,552	)			(374,504	)
Total lease liabilities		$	4,914,954			$	2,244,450