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Note 3 - Property and Equipment
12 Months Ended
Dec. 31, 2025
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,

 
   

2025

   

2024

 
                 

Land

  $ 3,688,788     $ 6,760,765  

Timber

    528,599       2,250,525  

Equipment

    104,493       120,873  
      4,321,880       9,132,163  

Accumulated depreciation

    (99,167 )     (96,058 )

Total

  $ 4,222,713     $ 9,036,105  

 

Depreciation expense was $3,109 and $4,261 for the years ended December 31, 2025 and 2024. Depletion expense was $126 and $91 for the years ended December 31, 2025 and 2024, respectively.