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Balance Sheets (Current Period Unaudited) - USD ($)
Sep. 30, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 7,382,956 $ 7,409,873
Equity investment in mutual funds 505,119 502,832
Accounts receivable 97,439 50,739
Prepaid expense and other assets 136,908 35,405
Total current assets 8,122,422 7,998,849
Property and equipment, net 9,082,897 9,056,238
Total assets 17,205,319 17,055,087
Current liabilities:    
Trade payables and accrued expenses 82,488 111,123
Unearned revenue 121,438 150,113
Total current liabilities 203,926 261,236
Deferred income tax payable 187,664 187,664
Total liabilities 391,590 448,900
Stockholders' equity:    
Common stock, 3,000,000 shares authorized, no par value, 1,988,701 and 1,974,427 shares issued and outstanding, respectively as of September 30, 2022, and 1,942,495 shares issued and outstanding as of December 31, 2021 59,335 59,335
Additional paid in capital 707,788 0
Treasury stock, 14,274 shares, at cost 176,592 (0)
Retained earnings 16,223,198 16,546,852
Total stockholders' equity 16,813,729 16,606,187
Total liabilities and stockholders' equity $ 17,205,319 $ 17,055,087