Subsequent events |
9 Months Ended |
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Sep. 30, 2026 | |
| Subsequent Events [Abstract] | |
| Subsequent events |
Note 18 – Subsequent events
Management evaluated subsequent events through the date these financial statements were issued and concluded that no events subsequent to September 30, 2026 have occurred that would require recognition or disclosure except as noted below.
Subsequent to quarter end, the Company received a total of $15,900 in royalty interest payments, gross, which, after payment of $829 in severance taxes paid by the Company, were $15,071 net, which represents a portion of the royalty income earned by the Company in August, 2026.
Subsequent to quarter end, the Company received a total of $179,025 from the Superior Court of California, County of Fresno, Unlimited Civil Division which was the result of an interpleader action by which Mentor and a former payee resolved ownership of a receivable in favor of Mentor Capital, Inc. |
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- References No definition available.
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- Definition The entire disclosure for significant events or transactions that occurred after the balance sheet date through the date the financial statements were issued or the date the financial statements were available to be issued. Examples include: the sale of a capital stock issue, purchase of a business, settlement of litigation, catastrophic loss, significant foreign exchange rate changes, loans to insiders or affiliates, and transactions not in the ordinary course of business. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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