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Statements of Cash Flows (Unaudited) - USD ($)
9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
CASH FLOWS FROM OPERATING ACTIVITIES    
Net loss $ (98,679) $ (323,654)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Depreciation expense 3,196 1,901
Depletion expense 540 737
Deferred income tax benefit (32,892) 0
Gain on sale of land (149,992) (5,667)
Unrealized (gain) loss on equity investment on certificates of deposit 0 504
Share-based compensation 736,334 707,788
Changes in operating assets and liabilities:    
(Increase) decrease in current assets (56,975) (148,203)
Increase (decrease) in current liabilities (149,112) (57,310)
Net cash provided by (used in) operating activities 252,420 176,096
CASH FLOWS FROM INVESTING ACTIVITIES    
Purchases of certificates of deposit (1,508,042) (2,791)
Maturity of certificates of deposit 1,004,603 0
Purchase of property and equipment 0 (12,835)
Costs of reforesting timber (20,737) (16,462)
Proceeds from the sale of fixed assets 149,992 5,667
Net cash provided by (used in) investing activities (374,184) (26,421)
CASH FLOWS FROM FINANCING ACTIVITIES    
Repurchases of common stock (0) 176,592
Net cash used in financing activities 0 (176,592)
NET CHANGE IN CASH AND CASH EQUIVALENTS (121,764) (26,917)
Cash and cash equivalents, beginning of the period 7,148,207 7,409,873
Cash and cash equivalents, end of the period 7,026,443 7,382,956
SUPPLEMENTAL CASH FLOW INFORMATION    
Cash paid for interest 0 0
Cash paid for income taxes $ 0 $ 16,947