XML 58 R50.htm IDEA: XBRL DOCUMENT v3.24.0.1
Income Taxes - Deferred Tax Assets and Liabilities (Details) - USD ($)
Dec. 31, 2023
Dec. 31, 2022
Deferred income tax liabilities:    
Property, plant and equipment $ 2,328,345 $ 2,004,200
Intangible assets 1,336,996 1,278,478
Other 609,817 251,655
Total deferred tax liabilities 4,275,158 3,534,333
Deferred income tax assets:    
Net operating loss carryover 930,000 1,170,000
Stock compensation 1,964,332 1,687,357
Asset valuations 852,308 1,109,954
Other 559,174 431,737
Total deferred tax assets 4,305,814 4,399,048
Less: valuation allowance (930,000) (1,170,000)
Total deferred tax assets, net 3,375,814 3,229,048
Net deferred income tax liability: $ 899,344 $ 305,285