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Balance Sheets - USD ($)
Dec. 31, 2019
Dec. 31, 2018
Current assets:    
Cash $ 3,280,289 $ 1,860,736
Certificates of deposit 2,697,000 3,370,000
Equity investment in mutual funds 500,642 244,825
Accounts receivable 102,786 118,463
Prepaid expense and other assets 39,731 36,989
Total current assets 6,620,448 5,631,013
Long-term certificate of deposit 725,000
Property and equipment, net 9,242,082 9,245,988
Total assets 15,862,530 15,602,001
Current liabilities:    
Trade payables and accrued expenses 62,253 91,968
Unearned revenue 165,158 113,193
Income tax payable 11,654
Total current liabilities 227,411 216,815
Deferred income tax payable 187,664 187,664
Total liabilities 415,075 404,479
Stockholders' equity:    
Common stock, 3,000,000 authorized, no par value, 1,942,495 issued and outstanding as of December 31, 2019 and 2018 59,335 59,335
Retained earnings 15,388,120 15,138,187
Total stockholders' equity 15,447,455 15,197,522
Total liabilities and stockholders' equity $ 15,862,530 $ 15,602,001