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INTEREST AND TAXES PAID
6 Months Ended
Jun. 30, 2025
Other Income and Expenses [Abstract]  
INTEREST AND TAXES PAID

5) INTEREST AND TAXES PAID

 

Income taxes – The Company paid $45,000 in income taxes for the three months ended June 30, 2025 and zero in income taxes for the three months ended June 30, 2024. The Company paid $45,000 in income taxes for the six months ended June 30, 2025 and zero in income taxes for the six months ended June 30, 2024.

 

Interest – The Company paid $267,696 and $129,539 for the three months ended June 30, 2025 and 2024, respectively, in interest on debt and the line of credit. The Company paid $495,801 and $264,518 for the six months ended June 30, 2025 and 2024, respectively, in interest on debt and the line of credit.