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Note 14 - Income Tax Provision (Tables)

12 Months Ended

Dec. 31, 2024

Notes Tables

Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]

		December 31, 2024				December 31, 2023
Current income tax expense (benefit)
Federal		$	(17,835	)		$	100,036
State			30,572				(89,054	)
Total current income tax expense (benefit)			12,737				10,982
Deferred income tax expense (benefit)
Federal			40,279				(289,480	)
State			7,839				(57,282	)
Total deferred income tax expense (benefit)			48,118				(346,762	)
Change in Valuation Allowance			—				—
Total income tax (benefit) expense		$	60,855			$	(335,780	)

Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]

		December 31, 2024								December 31, 2023
Taxes at federal statutory rate		$	103,369				21	%		$	1,370,497				21	%
State Taxes			48,564				10	%			21,821				0	%
Deconsolidation adjustment			—				0	%			(1,303,720	)			-20	%
True Up Adjustment			(91,078	)			-19	%			(424,378	)			-7	%
Total income tax (benefit) expense		$	60,855				12	%		$	(335,780	)			-5	%

Schedule of Deferred Tax Assets and Liabilities [Table Text Block]

		For The Years Ended
		2024				2023
Deferred Tax Assets
Deferred Revenue		$	—			$	42,792
State Taxes			8				781
Fixed Asset			243,662				278,646
Start up costs			54,974				24,543
Total deferred tax asset			298,644				346,762
Deferred Tax Liabilities
Basis difference in investments			—				—
Net deferred tax assets			298,644				346,762
Valuation allowance			—				—
Net deferred tax assets (liability)		$	298,644			$	346,762

X

- Definition

Tabular disclosure of the components of income tax expense attributable to continuing operations for each year presented including, but not limited to: current tax expense (benefit), deferred tax expense (benefit), investment tax credits, government grants, the benefits of operating loss carryforwards, tax expense that results from allocating certain tax benefits either directly to contributed capital or to reduce goodwill or other noncurrent intangible assets of an acquired entity, adjustments of a deferred tax liability or asset for enacted changes in tax laws or rates or a change in the tax status of the entity, and adjustments of the beginning-of-the-year balances of a valuation allowance because of a change in circumstances that causes a change in judgment about the realizability of the related deferred tax asset in future years.

+ References

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-Topic 740
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 9
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482685/740-10-50-9

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+ References

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Tabular disclosure of the reconciliation using percentage or dollar amounts of the reported amount of income tax expense attributable to continuing operations for the year to the amount of income tax expense that would result from applying domestic federal statutory tax rates to pretax income from continuing operations.

+ References

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