Annual report [Section 13 and 15(d), not S-K Item 405]

Investments at fair value and at cost (Tables)

Investments at fair value and at cost (Tables)

12 Months Ended

Dec. 31, 2025

Investments, All Other Investments [Abstract]

The hierarchy of Level 1, Level 2 and Level 3 Assets at fair value are listed as follows:

Schedule of hierarchy of level 1 assets

	(Level 1)
	Fair Value Measurement Using
	Unadjusted Quoted Market Prices
	(Level 1)
	Investment in Securities
Balance at December 31, 2023	$	647,363

Total gains or losses
Included in earnings (or changes in net assets)		34,989
Purchases, issuances, sales, and settlements		-
Purchases		1,420,608
Issuances		-
Sales		(982,478)
Settlements		-
Balance at December 31, 2024		1,120,482
Beginning balance		1,120,482

Total gains or losses
Included in earnings (or changes in net assets)		15,107
Purchases, issuances, sales, and settlements		-
Purchases		614,830
Issuances		-
Sales		(871,211)
Settlements		-
Balance at December 31, 2025	$	879,208
Ending balance	$	879,208

Schedule of Investment Securities at Fair Value

The amortized costs, gross unrealized holding gains and losses, and fair values of the Company’s investment securities classified as equity securities at December 31, 2025 consisted of the following:

Type

Amortized

Costs

Gross

Unrealized

Gains

Gross

Unrealized

Losses

Fair

Values

NYSE-listed company stock

693,197

186,011

879,208

Schedule of portion of unrealized gains and losses related to equity securities

The portion of unrealized gains and losses for the period related to equity securities still held at the reporting date is calculated as follows:

	2025		2024
	Year Ended December 31,
	2025		2024
Net gains and losses recognized during the period on equity securities	$	15,107	$	34,989

Less: Net gains (losses) recognized during the period on equity securities sold during the period		179,775		41,376

Unrealized gains and losses recognized during the reporting period on equity securities still held at the reporting date	$	194,882	$	(6,387	)

- Definition

Tabular disclosure of the fair value measurement of assets using significant unobservable inputs (Level 3), a reconciliation of the beginning and ending balances, separately presenting changes during the period attributable to the following: (1) total gains or losses for the period (realized and unrealized), segregating those gains or losses included in earnings (or changes in net assets) and gains or losses recognized in other comprehensive income (loss), and a description of where those gains or losses included in earnings (or changes in net assets) are reported in the statement of income (or activities); (2) purchases, sales, issues, and settlements (each type disclosed separately); and (3) transfers in and transfers out of Level 3 (for example, transfers due to changes in the observability of significant inputs), by class of asset.

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