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Note 6 - Segment Reporting (Tables)

12 Months Ended

Dec. 31, 2025

Notes Tables

Schedule of Segment Reporting Information, by Segment [Table Text Block]

		Years Ended December 31,
		2025				2024
Identifiable Assets, net of accumulated depreciation
Oil & Gas		$	-			$	-
Surface			-				-
Timber			528,599				2,250,525
General corporate assets			21,757,169				16,596,712
Total		$	22,285,768			$	18,847,237
Capital expenditures:
Oil & Gas		$	-			$	-
Timber			-				-
Surface			-				-
General corporate assets			-				-
Total segment costs and expenses		$	-			$	-
Depreciation and depletion
Oil and gas		$	-			$	-
Timber			126				91
Surface			-				-
General corporate assets			3,109				4,261
Total		$	3,235			$	4,352

		December 31, 2025
		Oil and Gas				Timber				Surface				Consolidated
Revenues		$	415,469			$	94,825			$	328,249			$	838,543
Cost of Goods Sold			43,303				12,795				8,600				64,698
Gross Profit			372,166				82,030				319,649				773,845

		December 31, 2024
		Oil and Gas				Timber				Surface				Consolidated
Revenues		$	417,846			$	22,225			$	1,081,053			$	1,521,124
Cost of Goods Sold			46,436				18,385				533				65,354
Gross Profit			371,410				3,840				1,080,520				1,455,770

Reconciliation		2025				2024
Total Gross Profit			773,845				1,455,770
Less:
General & Administrative Expense			687,441				1,420,153
Depreciation Expense			3,109				4,261
Gain on Sale of Land			(3,557,868	)			(85,636	)
Income from Operations			3,641,163				116,992
Interest Income			335,539				206,949
Miscellaneous Income			66				13,783
Income before income taxes			3,976,768				337,724

X

- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 25
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-25

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 22
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-22

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-30

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X

- References

No definition available.

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