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Note 3 - Property and Equipment | 12 Months Ended
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Dec. 31, 2024
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, |
|  | 2024 |  |  | 2023 |
Land |  | $ | 6,760,765 |  |  | $ | 6,815,711 |
Timber |  |  | 2,250,525 |  |  |  | 2,250,616 |
Equipment |  |  | 120,873 |  |  |  | 120,873 |
|  |  | 9,132,163 |  |  |  | 9,187,200 |
Accumulated depreciation |  |  | (96,058 | ) |  |  | (91,797 | )
Total |  | $ | 9,036,105 |  |  | $ | 9,095,403 |
Depreciation expense was $4,261 for the years ended December 31, 2024 and 2023. Depletion expense was $91 and $685 for the years ended December 31, 2024 and 2023, respectively.

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