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Note 3 - Property and Equipment | 12 Months Ended
--- | ---
Dec. 31, 2023
Notes to Financial Statements |
Property, Plant and Equipment Disclosure [Text Block] | Note 3: Property and Equipment Property and equipment consisted of the following:
|  | December 31, |
|  | 2023 |  |  | 2022 |
Land |  | $ | 6,815,711 |  |  | $ | 6,815,711 |
Timber |  |  | 2,250,616 |  |  |  | 2,230,564 |
Equipment |  |  | 120,873 |  |  |  | 120,873 |
|  |  | 9,187,200 |  |  |  | 9,167,148 |
Accumulated depreciation |  |  | (91,797 | ) |  |  | (87,536 | )
Total |  | $ | 9,095,403 |  |  | $ | 9,079,612 |
Depreciation expense was $4,261 and $5,039 for the years ended December 31, 2023 and 2022, respectively. Depletion expense was $685 and $883 for the years ended December 31, 2023 and 2022, respectively.

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