Ironstone Properties (IRNS) 10-K 31 Mar 22 2021 FY Annual report Financial data

Document And Entity Information

Document And Entity Information - USD ($)	12 Months Ended
	Dec. 31, 2021	Mar. 25, 2022
Document Information [Line Items]
Entity Central Index Key	0000723269
Entity Registrant Name	IRONSTONE PROPERTIES, INC.
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Document Fiscal Period Focus	FY
Document Fiscal Year Focus	2021
Document Type	10-K
Document Annual Report	true
Document Period End Date	Dec. 31, 2021
Document Transition Report	false
Entity File Number	0-12346
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	95-2829956
Entity Address, Address Line One	909 Montgomery Street
Entity Address, City or Town	San Francisco
Entity Address, State or Province	CA
Entity Address, Postal Zip Code	94133
City Area Code	415
Local Phone Number	551-8600
Title of 12(g) Security	Common Stock, $0.01 par value
Entity Well-known Seasoned Issuer	No
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Non-accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	false
ICFR Auditor Attestation Flag	false
Entity Shell Company	false
Entity Public Float	$ 1,324,599
Entity Common Stock, Shares Outstanding		2,191,689
Auditor Name	N/A
Auditor Location	NA
Auditor Firm ID	9999

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets (Unaudited) - USD ($)	Dec. 31, 2021	Dec. 31, 2020
ASSETS:
Cash	$ 30,717	$ (39)
Investments:
Marketable securities	604,318	1,034,868
Non-marketable securities	4,960,344	2,574,665
Total assets	5,595,379	3,609,494
LIABILITIES AND STOCKHOLDERS' EQUITY:
Accounts payable and accrued expenses	34,201	151,121
Line of credit borrowings	348,843	350,000
Interest payable line of credit	1,259	0
Note payable	2,329,510	2,109,857
Note payable - related party	624,313	317,625
Interest payable - related party	181,906	139,291
Deferred income tax payable	318,306	0
Total liabilities	3,838,338	3,067,894
Stockholders' equity
Preferred stock, $0.01 par value, 5,000,000 shares authorized, no shares issued and outstanding	0	0
Common stock, $0.01 par value, 25,000,000 shares authorized, of which 2,937,225 shares are issued and outstanding as of December 31, 2021 and December 31, 2020	29,372	29,372
Additional paid-in capital	21,839,083	21,839,083
Additional paid-in capital - stock options	212,506	22,744
Accumulated deficit	(22,498,875)	(23,204,025)
Accumulated other comprehensive Income	2,697,529	2,377,000
Stockholders' Equity before Treasury Stock	2,279,615	1,064,174
Less: Treasury Stock, 745,536 shares, at cost	(522,574)	(522,574)
Total stockholders' equity	1,757,041	541,600
Total liabilities and stockholders' equity	$ 5,595,379	$ 3,609,494

Condensed Consolidated Balanc_2

Condensed Consolidated Balance Sheets (Unaudited) (Parentheticals) - $ / shares	Dec. 31, 2021	Dec. 31, 2020
Preferred stock, par value (in dollars per share)	$ 0.01	$ 0.01
Preferred stock, shares authorized (in shares)	5,000,000	5,000,000
Preferred stock, shares issued (in shares)	0	0
Preferred stock, shares outstanding (in shares)	0	0
Common stock, par value (in dollars per share)	$ 0.01	$ 0.01
Common stock, shares authorized (in shares)	25,000,000	25,000,000
Common stock, shares issued (in shares)	2,937,225	2,937,225
Common stock, shares outstanding (in shares)	2,937,225	2,937,225
Treasury stock, shares (in shares)	745,536	745,536

Condensed Consolidated Statemen

Condensed Consolidated Statements of Comprehensive Profit (Unaudited) - USD ($)	3 Months Ended		12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2021	Dec. 31, 2020
Operating expenses:
Compensation - stock options	$ 84,953	$ 22,744	$ 189,762	$ 22,744
Professional fees	10,141	0	33,571	234
General and administrative expenses	2,930	0	(1,386)	0
State and local taxes	(930)	3,250	12,027	15,400
Total operating expenses	97,094	25,994	233,975	38,378
Loss from operations	(97,094)	(25,994)	(233,975)	(38,378)
Other expense:
Interest expense	(64,115)	(61,634)	(246,812)	(237,766)
Interest expense to related party	(11,690)	(6,713)	(42,614)	(25,513)
Net operating loss	(172,900)	(94,342)	(523,401)	(301,658)
COMPREHENSIVE PROFIT (LOSS), NET OF TAX:
Net operating loss	(172,900)	(94,342)	(523,401)	(301,658)
Unrealized holding gain (loss) arising during the period	(288,350)	525,350	1,776,306	915,728
Deferred income taxes	(318,306)	0	(318,306)	0
Comprehensive profit (loss) after income taxes	$ (779,556)	$ 431,008	$ 934,599	$ 614,070
Basic gain (loss) per share
Net operating loss per share (in dollars per share)	$ (0.08)	$ (0.04)	$ (0.24)	$ (0.14)
Net comprehensive profit per share (in dollars per share)	$ (0.36)	$ 0.20	$ 0.43	$ 0.28
Shares outstanding (in shares)	2,191,689	2,191,689	2,191,689	2,191,689

Consolidated Statements of Stoc

Consolidated Statements of Stockholders' Equity (Deficit) (Unaudited) - USD ($)	Common Stock [Member]	Additional Paid-in Capital [Member]	Accumulated Comprehensive Deficit [Member]	Treasury Stock [Member]	Total
Balances, January 1, 2020 (in shares) at Dec. 31, 2019	2,937,225			(745,536)
Balances, January 1, 2020 at Dec. 31, 2019	$ 29,372	$ 21,839,083	$ (21,441,095)	$ (522,574)	$ (95,214)
Stock-based compensation		22,744
Unrealized gain			915,728
Net lncome (loss)			(301,658)		(301,658)
Deferred income taxes					0
Balances, December 31, 2020 (in shares) at Dec. 31, 2020	2,937,225			(745,536)
Balances, December 31, 2020 at Dec. 31, 2020	$ 29,372	21,861,827	(20,827,025)	$ (522,574)	541,600
Stock-based compensation		189,762
Unrealized gain			1,776,306
Net lncome (loss)			(523,401)		(523,401)
Prior period adjustment			91,080
Deferred income taxes			(318,306)		(318,306)
Balances, December 31, 2020 (in shares) at Dec. 31, 2021	2,937,225			(745,536)
Balances, December 31, 2020 at Dec. 31, 2021	$ 29,372	$ 22,051,589	$ (19,801,346)	$ (522,574)	$ 1,757,041

Condensed Consolidated Statem_2

Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
CASH FLOWS FROM OPERATING ACTIVITIES:
Net lncome (loss)	$ (523,401)	$ (301,658)
Changes in operating assets and liabilities:
Accounts payable and accrued expenses	(81,819)	15,634
Interest payable	185,812	210,641
Interest payable - related party	42,614	25,513
Net cash used in operating activities	(376,795)	(49,869)
CASH FLOWS FROM FINANCING ACTIVITIES:
Proceeds from issuance of notes payable	306,688	27,125
Principal payment of LOC	(1,157)	0
Paid in capital stock options	189,762	0
Prior period adjustment accrued expenses	91,081	0
Net cash provided by financing activities	586,375	27,125
CASH FLOWS FROM INVESTING ACTIVITIES:
Marketable securities mark to market		0
Investment in non-marketable securities	(178,824)	0
Net cash provided (used) by financing activities	(178,824)	0
Net increase (decrease) in cash	30,756	(22,744)
Cash at beginning of period	(39)	22,705
Cash at end of period	30,717	(39)
Cash paid during the period for interest	20,369	0
Cash paid during the period for state franchise taxes	24,717	0
Supplemental noncash investing and financing activities:
Deferred income taxes payable	318,306	0
Share-based Payment Arrangement, Option [Member] | Equity Incentive Plan [Member]
Supplemental noncash investing and financing activities:
Officer and director common stock options issued	$ 189,762	$ 0

Note 1 - Business and Summary o

Note 1 - Business and Summary of Significant Accounting Policies	12 Months Ended
	Dec. 31, 2021
Notes to Financial Statements
Organization, Consolidation, Basis of Presentation, Business Description and Accounting Policies [Text Block]	1. Business Activities Ironstone Group, Inc. and subsidiaries have no 1972. Principles of Consolidation The accompanying consolidated financial statements include the accounts of Ironstone Group, Inc. and its subsidiaries, AcadiEnergy, Inc., Belt Perry Associates, Inc., DeMoss Corporation, and TaxNet, Inc. (collectively the “Company”). All significant intercompany accounts and transactions have been eliminated in consolidation. Marketable and Non-Marketable Securities Marketable and non-marketable securities have been classified by management as available for sale in accordance with Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) 320. December 31, 2021 not Securities determined to be non-marketable by the Company do not Use of Estimates The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Significant estimates made in the financial statements relate to the valuation of the Company’s non-marketable investments. Actual results could differ from those estimates. Income Taxes The Company and its wholly owned subsidiaries file a consolidated federal income tax return. Income taxes are provided for the tax effects of transactions reported in the financial statements and consist of taxes currently due plus deferred income taxes. Deferred income taxes are recognized for differences between the financial statement and tax bases of assets and liabilities that will result in taxable or deductible amounts in the future. Deferred income taxes are also recognized for net operating loss carryforwards that are available to offset future taxable income. Valuation allowances are established when necessary to reduce deferred tax assets to the amount expected to be realized. Ironstone follows the authoritative guidance on accounting for and disclosure of uncertainty in tax positions, which requires the Company to determine whether a tax position of Ironstone is more likely than not not 50% no The Company files tax returns as prescribed by the tax laws of the jurisdictions in which it operates. In the normal course of business, the Company is subject to examination by federal, state, local, and foreign jurisdictions, where applicable. As of December 31, 2021, 2018 2017 During the year ended December 31, 2021, Stock-Based Compensation Ironstone recognizes the fair value of stock options granted on a straight-line basis over the requisite service period of the option grant, which is the standard vesting term of four 718, The full impact of stock-based compensation in the future is dependent upon, among other things, the total number of stock options granted, the fair value of the stock options at the time of grant and the tax benefit that Ironstone may may not not Basic and Diluted Loss per Share Basic loss per share (“EPS”) excludes dilution and is computed by dividing net income (loss) applicable to common shareholders by the weighted average number of common shares actually outstanding during the period. Diluted EPS reflects the dilution from potentially dilutive securities, except where inclusion of such potentially dilutive securities would have an anti-dilutive effect, using the average stock price during the period in the computation and because of the net loss for the periods presented. Recent Accounting Pronouncements In August 2014, 2014 15, 2014 15” 2014 15 2014 15 December 15, 2016. 2014 15. In August 2018, 2018 13, 820 2018 13 2018 13 December 15, 2019. 3 January 1, 2020. not Liquidity As reflected in the accompanying financial statements the Company has net losses and has a negative cash flow from operations. If necessary the Company may not

Note 2 - Fair Value Measurement

Note 2 - Fair Value Measurements	12 Months Ended
	Dec. 31, 2021
Notes to Financial Statements
Fair Value Disclosures [Text Block]	2. Fair value is defined under the Financial Accounting Standards Board (“FASB”) Accounting Standards Board (“ASC”) 820, Fair Value Measurement and Disclosures 820 820 820 820 three first two may Level 1 not 1 not Level 2 one not Level 3 In all cases, the level in the fair value hierarchy within which the fair value measurement in its entirety falls has been determined based on the lowest level of input that is significant to the fair value measurement. The carrying value of cash, accounts payable, accrued expenses, and interest payable approximate fair value given their short-term nature. The carrying value of the Company's notes payable approximate fair value based on time to maturity and prevailing interest rates. The following tables provide information about the Company’s financial instruments measured at fair value on a recurring basis as of December 31 Balance as of December 31, Level 1 Level 2 Level 3 2021 Investments: Publicly traded common stock $ 575,720 $ - $ - $ 575,720 Publicly traded options 28,598 28,598 Private company common stock - - 178,824 178,824 Private company preferred stock - - 4,781,520 4,781,520 Total $ 604,318 $ - $ 4,960,344 $ 5,564,662 Balance as of December 31, Level 1 Level 2 Level 3 2020 Investments: Publicly traded common stock $ 979,020 $ - $ - $ 979,020 Publicly traded options $ 55,848 55,848 Private company common stock - - - Private company preferred stock - - 2,574,665 2,574,665 Total $ 1,034,868 $ - $ 2,574,665 $ 3,609,533 The following tables presents the Company’s investments measured at fair value using significant unobservable inputs (Level 3 Fair Value as of December 31, 2021 Valuation Technique Unobservable Inputs Private Company Common Stock $ 178,824 Purchase price 3-10-2021 Acquisition cost Private Company Preferred Stock $ 4,781,520 company valuation average range $1.2bn to $5.0bn, best fit $2.6bn Big data technology "MESE" system, and SPAC inqueries Fair Value as of December 31, 2020 Valuation Technique Unobservable Inputs Private Company Preferred Stock $ 2,574,665 comapnay valuation average range $1.0bn to $1.5bn Big data technology "MESE" system, and SPAC inqueries The following table presents additional information about Level 3 2021 2020. may 3 3 may Twelve Months Ended December 31, 2021 Balance as of December 31, 2020 $ 2,574,665 Unrealized gain on investments 2,206,855 Purchase of investment 178,824 Balance as of December 31, 2021 $ 4,960,344 Twelve Months Ended 12./31/2020 Balance as of December 31, 2019 $ 2,574,665 Unrealized gain on investments - Purchase of investment - Balance as of December 31, 2020 $ 2,574,665

Note 3 - Investments

Note 3 - Investments	12 Months Ended
	Dec. 31, 2021
Notes to Financial Statements
Investment [Text Block]	3. TangoMe, Inc. On March 30, 2012, December 31, 2020 $2.6bn, December 31, 2021. twelve December 31, 2021. Buoy Health, Inc. On March 17, 2021 September 30, 2021. Arcimoto, Inc. During fiscal year 2014 1 1 2017 2017, one October 2, 2015 October 2, 2025. two one September 17, 2017, December 31, 2020 December 31, 2021 December 31, 2021 December 31, 2021.

Note 4 - Related Party Transact

Note 4 - Related Party Transactions	12 Months Ended
	Dec. 31, 2021
Notes to Financial Statements
Related Party Transactions Disclosure [Text Block]	4. On December 31, 2014 one December 31, 2021 December 31, 2020 December 31, 2025. A loan was made to Ironstone Properties, Inc. by William R. Hambrecht resulting from William R. Hambrecht paying the interest on the Bank Letter of Credit from the time period January 2016 March 2021. September 30, 2021 December 31, 2020 December 31, 2021 December 31, 2020 March 31, 2026. On March 10, 2021 March 11, 2026 December 31, 2021

Note 5 - Note Payable

Note 5 - Note Payable	12 Months Ended
	Dec. 31, 2021
Notes to Financial Statements
Long-term Debt [Text Block]	5. On March 31, 2012, third March 31, 2017. April 1, 2017. December 31, 2021 December 31, 2020 Furthermore, during the year the Company extended the maturity date with a related party, William R. Hambrecht. This note carries a 7.75% interest rate per annum and has a maturity date of December 31, 2025. December 31, 2021 2020 The scheduled maturities of notes payable outstanding as of December 31, 2021 2025 2026 pending Total Notes payable $ - $ - $ 2,329,510 $ 2,329,510 Letter of Credit - - 348,843 348,843 Notes payable - related party 182,000 442,313 - 624,313 Total $ 182,000 $ 442,313 $ 2,678,353 $ 3,302,666

Note 6 - Line of Credit Arrange

Note 6 - Line of Credit Arrangement	12 Months Ended
	Dec. 31, 2021
Notes to Financial Statements
Line of Credit Facility [Text Block]	6. The Company has a line of credit arrangement with First Republic Bank (the “lender”) with a borrowing limit of $350,000 with interest based upon the lender’s prime rate plus 4.5% and is payable monthly. At December 31, 2021 2020, December 31, 2021 2020, December 31, 2021 December 31, 2020 January 2020 March 2021

Note 7 - Income Taxes

Note 7 - Income Taxes	12 Months Ended
	Dec. 31, 2021
Notes to Financial Statements
Income Tax Disclosure [Text Block]	7. ASC 740, Income Taxes December 31, 2021 2020 2021 2020 Deferred tax asset - Operating loss carryforward $ 3,190,522 $ 2,737,027 Deferred tax liability – unrealized gain on marketable and non-marketable securities (4,257,230 ) (2,453,674 ) Less valuation allowance - (283,353 ) Deferred income tax asset (liability) – net $ (1,066,708 ) $ - The reasons for the difference between the amount computed by applying the statutory federal income tax rate to losses before income tax benefit and the actual income tax benefit for the years ended December 31, 2021 2020 2021 2020 Expected Federal income tax benefit (liability) $ (224,009 ) $ 59,504 State income tax benefit (liability) net of federal tax (94,297 ) 25,408 Total before valuation allowance (318,306 ) 84,553 Change in valuation allowance - (84,553 ) Income tax benefit (liability) $ (318,306 ) $ - In the opinion of management, based on the uncertainty that the Company will be able to generate taxable income in the future, the realization of the loss carryforwards is not The Company is subject to taxation in the U.S. and the state of California. As of December 31, 2021, 2018 2017 At December 31, 2021, may 2022 2042. 2018 80% 2028 2041. The valuation allowance was $0 as of December 31, 2021 December 31, 2020

Note 8 - Stockholders' Equity

Note 8 - Stockholders' Equity	12 Months Ended
	Dec. 31, 2021
Notes to Financial Statements
Stockholders' Equity Note Disclosure [Text Block]	8. EQUITY Common Stock The Company has 25,000,000 common equity shares authorized, and a total of 2,937,225 are issued and outstanding, including 745,536 common equity shares held in treasury. Treasury Stock On September 15, 2003, December 31, 2008, December 31, 2021 2020, Preferred Stock The Company is authorized to issue up to five million shares of preferred stock without further shareholder approval; the rights, preferences and privileges of which would be determined at the time of issuance. No shares have been issued as of December 31, 2021 2020. Stock-Based Compensation Ironstone recognized stock-based compensation expense of $189,762 during the year ended December 31, 2021. December 31, 2021, 2022; 2023 2024. Stock Option Plans On April 29, 2021 2013 April 29, 2021, six three seven three The Company previously adopted a 2013 70,000 stock options were granted on January 30, 2013. $.20, $.20, An additional 100,000 stock options were granted on August 20, 2013. For the year ended December 31, 2021 April 29, 2021, January 30, 2013 August 20, 2013.

Note 9 - Net Income (Loss) Per

Note 9 - Net Income (Loss) Per Share	12 Months Ended
	Dec. 31, 2021
Notes to Financial Statements
Earnings Per Share [Text Block]	9. Basic net income (loss) per share is computed by dividing the net income (loss) by the weighted average number of shares of common stock outstanding during the period. Diluted net income (loss) per share is computed by dividing the net income (loss) for the period by the weighted average number of common and dilutive potential common shares outstanding during the period, if dilutive. Potentially dilutive common equivalent shares are composed of the incremental common shares issuable upon the exercise of stock options. The following is the computations of the basic and diluted net income per share and the anti-dilutive common stock equivalents excluded from the computations for the periods presented: Quarters Ended Twelve months ended December 31, 2021 December 31, 2020 December 31, 2021 December 31, 2020 Numerator: Net Operating Loss $ (172,900 ) $ (94,342 ) $ (523,401 ) $ (301,658 ) Denominator: Weighted average shares outstanding - basic 2,191,689 2,191,689 2,191,689 2,191,689 Effect of dilutive potential shares 345,000 - 345,000 - Shares outstanding - diluted 2,536,689 2,191,689 2,536,689 2,191,689 Net loss per share - basic $ (0.08 ) $ (0.04 ) $ (0.24 ) $ (0.14 ) Net loss per share - diluted $ (0.07 ) $ (0.04 ) $ (0.21 ) $ (0.14 ) Quarters Ended Twelve months ended December 31, 2021 December 31, 2020 December 31, 2021 December 31, 2020 Numerator: Net Comprehensive Earnings after income taxes $ (779,556 ) $ 431,008 $ 934,599 $ 614,070 Denominator: Weighted average shares outstanding - basic 2,191,689 2,191,689 2,191,689 2,191,689 Effect of dilutive potential shares 345,000 - 345,000 - Shares outstanding - diluted 2,536,689 2,191,689 2,536,689 2,191,689 Net gain (loss) per share - basic $ (0.36 ) $ 0.20 $ 0.43 $ 0.28 Net gain (loss) per share - diluted $ (0.31 ) $ 0.20 $ 0.37 $ 0.28

Significant Accounting Policies

Significant Accounting Policies (Policies)	12 Months Ended
	Dec. 31, 2021
Accounting Policies [Abstract]
Consolidation, Policy [Policy Text Block]	Principles of Consolidation The accompanying consolidated financial statements include the accounts of Ironstone Group, Inc. and its subsidiaries, AcadiEnergy, Inc., Belt Perry Associates, Inc., DeMoss Corporation, and TaxNet, Inc. (collectively the “Company”). All significant intercompany accounts and transactions have been eliminated in consolidation.
Investment, Policy [Policy Text Block]	Marketable and Non-Marketable Securities Marketable and non-marketable securities have been classified by management as available for sale in accordance with Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) 320. December 31, 2021 not Securities determined to be non-marketable by the Company do not
Use of Estimates, Policy [Policy Text Block]	Use of Estimates The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Significant estimates made in the financial statements relate to the valuation of the Company’s non-marketable investments. Actual results could differ from those estimates.
Income Tax, Policy [Policy Text Block]	Income Taxes The Company and its wholly owned subsidiaries file a consolidated federal income tax return. Income taxes are provided for the tax effects of transactions reported in the financial statements and consist of taxes currently due plus deferred income taxes. Deferred income taxes are recognized for differences between the financial statement and tax bases of assets and liabilities that will result in taxable or deductible amounts in the future. Deferred income taxes are also recognized for net operating loss carryforwards that are available to offset future taxable income. Valuation allowances are established when necessary to reduce deferred tax assets to the amount expected to be realized. Ironstone follows the authoritative guidance on accounting for and disclosure of uncertainty in tax positions, which requires the Company to determine whether a tax position of Ironstone is more likely than not not 50% no The Company files tax returns as prescribed by the tax laws of the jurisdictions in which it operates. In the normal course of business, the Company is subject to examination by federal, state, local, and foreign jurisdictions, where applicable. As of December 31, 2021, 2018 2017 During the year ended December 31, 2021,
Share-based Payment Arrangement [Policy Text Block]	Stock-Based Compensation Ironstone recognizes the fair value of stock options granted on a straight-line basis over the requisite service period of the option grant, which is the standard vesting term of four 718, The full impact of stock-based compensation in the future is dependent upon, among other things, the total number of stock options granted, the fair value of the stock options at the time of grant and the tax benefit that Ironstone may may not not
Earnings Per Share, Policy [Policy Text Block]	Basic and Diluted Loss per Share Basic loss per share (“EPS”) excludes dilution and is computed by dividing net income (loss) applicable to common shareholders by the weighted average number of common shares actually outstanding during the period. Diluted EPS reflects the dilution from potentially dilutive securities, except where inclusion of such potentially dilutive securities would have an anti-dilutive effect, using the average stock price during the period in the computation and because of the net loss for the periods presented.
New Accounting Pronouncements, Policy [Policy Text Block]	Recent Accounting Pronouncements In August 2014, 2014 15, 2014 15” 2014 15 2014 15 December 15, 2016. 2014 15. In August 2018, 2018 13, 820 2018 13 2018 13 December 15, 2019. 3 January 1, 2020. not
Liquidity [Policy Text Block]	Liquidity As reflected in the accompanying financial statements the Company has net losses and has a negative cash flow from operations. If necessary the Company may not

Note 2 - Fair Value Measureme_2

Note 2 - Fair Value Measurements (Tables)	12 Months Ended
	Dec. 31, 2021
Notes Tables
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block]	Balance as of December 31, Level 1 Level 2 Level 3 2021 Investments: Publicly traded common stock $ 575,720 $ - $ - $ 575,720 Publicly traded options 28,598 28,598 Private company common stock - - 178,824 178,824 Private company preferred stock - - 4,781,520 4,781,520 Total $ 604,318 $ - $ 4,960,344 $ 5,564,662 Balance as of December 31, Level 1 Level 2 Level 3 2020 Investments: Publicly traded common stock $ 979,020 $ - $ - $ 979,020 Publicly traded options $ 55,848 55,848 Private company common stock - - - Private company preferred stock - - 2,574,665 2,574,665 Total $ 1,034,868 $ - $ 2,574,665 $ 3,609,533
Fair Value Measurement Inputs and Valuation Techniques [Table Text Block]	Fair Value as of December 31, 2021 Valuation Technique Unobservable Inputs Private Company Common Stock $ 178,824 Purchase price 3-10-2021 Acquisition cost Private Company Preferred Stock $ 4,781,520 company valuation average range $1.2bn to $5.0bn, best fit $2.6bn Big data technology "MESE" system, and SPAC inqueries Fair Value as of December 31, 2020 Valuation Technique Unobservable Inputs Private Company Preferred Stock $ 2,574,665 comapnay valuation average range $1.0bn to $1.5bn Big data technology "MESE" system, and SPAC inqueries
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Table Text Block]	Twelve Months Ended December 31, 2021 Balance as of December 31, 2020 $ 2,574,665 Unrealized gain on investments 2,206,855 Purchase of investment 178,824 Balance as of December 31, 2021 $ 4,960,344 Twelve Months Ended 12./31/2020 Balance as of December 31, 2019 $ 2,574,665 Unrealized gain on investments - Purchase of investment - Balance as of December 31, 2020 $ 2,574,665

Note 5 - Note Payable (Tables)

Note 5 - Note Payable (Tables)	12 Months Ended
	Dec. 31, 2021
Notes Tables
Schedule of Maturities of Long-term Debt [Table Text Block]	2025 2026 pending Total Notes payable $ - $ - $ 2,329,510 $ 2,329,510 Letter of Credit - - 348,843 348,843 Notes payable - related party 182,000 442,313 - 624,313 Total $ 182,000 $ 442,313 $ 2,678,353 $ 3,302,666

Note 7 - Income Taxes (Tables)

Note 7 - Income Taxes (Tables)	12 Months Ended
	Dec. 31, 2021
Notes Tables
Schedule of Deferred Tax Assets and Liabilities [Table Text Block]	2021 2020 Deferred tax asset - Operating loss carryforward $ 3,190,522 $ 2,737,027 Deferred tax liability – unrealized gain on marketable and non-marketable securities (4,257,230 ) (2,453,674 ) Less valuation allowance - (283,353 ) Deferred income tax asset (liability) – net $ (1,066,708 ) $ -
Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]	2021 2020 Expected Federal income tax benefit (liability) $ (224,009 ) $ 59,504 State income tax benefit (liability) net of federal tax (94,297 ) 25,408 Total before valuation allowance (318,306 ) 84,553 Change in valuation allowance - (84,553 ) Income tax benefit (liability) $ (318,306 ) $ -

Note 9 - Net Income (Loss) Pe_2

Note 9 - Net Income (Loss) Per Share (Tables)	12 Months Ended
	Dec. 31, 2021
Notes Tables
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]	Quarters Ended Twelve months ended December 31, 2021 December 31, 2020 December 31, 2021 December 31, 2020 Numerator: Net Operating Loss $ (172,900 ) $ (94,342 ) $ (523,401 ) $ (301,658 ) Denominator: Weighted average shares outstanding - basic 2,191,689 2,191,689 2,191,689 2,191,689 Effect of dilutive potential shares 345,000 - 345,000 - Shares outstanding - diluted 2,536,689 2,191,689 2,536,689 2,191,689 Net loss per share - basic $ (0.08 ) $ (0.04 ) $ (0.24 ) $ (0.14 ) Net loss per share - diluted $ (0.07 ) $ (0.04 ) $ (0.21 ) $ (0.14 )
Schedule of Comprehensive Earnings Per Share, Basic and Diluted [Table Text Block]	Quarters Ended Twelve months ended December 31, 2021 December 31, 2020 December 31, 2021 December 31, 2020 Numerator: Net Comprehensive Earnings after income taxes $ (779,556 ) $ 431,008 $ 934,599 $ 614,070 Denominator: Weighted average shares outstanding - basic 2,191,689 2,191,689 2,191,689 2,191,689 Effect of dilutive potential shares 345,000 - 345,000 - Shares outstanding - diluted 2,536,689 2,191,689 2,536,689 2,191,689 Net gain (loss) per share - basic $ (0.36 ) $ 0.20 $ 0.43 $ 0.28 Net gain (loss) per share - diluted $ (0.31 ) $ 0.20 $ 0.37 $ 0.28

Note 1 - Business and Summary_2

Note 1 - Business and Summary of Significant Accounting Policies (Details Textual) $ in Thousands	12 Months Ended
	Dec. 31, 2021USD ($)
Unrecognized Tax Benefits, Income Tax Penalties and Interest Expense, Total	$ 2,443
Share-based Payment Arrangement, Option [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period (Year)	4 years
Domestic Tax Authority [Member] | Internal Revenue Service (IRS) [Member]
Open Tax Year	2018 2019 2020 2021
State and Local Jurisdiction [Member] | California Franchise Tax Board [Member]
Open Tax Year	2017 2018 2019 2020 2021

Note 2 - Fair Value Measureme_3

Note 2 - Fair Value Measurements - Financial Instruments Measured at Fair Value on a Recurring Basis (Details) - Fair Value, Recurring [Member] - USD ($)	Dec. 31, 2021	Dec. 31, 2020
Investments, fair value	$ 5,564,662	$ 3,609,533
Publicly Traded Common Stock [Member]
Investments, fair value	575,720	979,020
Publicly Traded Options [Member]
Investments, fair value	28,598	55,848
Private Company Common Stock [Member]
Investments, fair value	178,824
Private Company Preferred Stock [Member]
Investments, fair value	4,781,520	2,574,665
Fair Value, Inputs, Level 1 [Member]
Investments, fair value	604,318	1,034,868
Fair Value, Inputs, Level 1 [Member] | Publicly Traded Common Stock [Member]
Investments, fair value	575,720	979,020
Fair Value, Inputs, Level 1 [Member] | Publicly Traded Options [Member]
Investments, fair value	28,598	55,848
Fair Value, Inputs, Level 3 [Member]
Investments, fair value	4,960,344	2,574,665
Fair Value, Inputs, Level 3 [Member] | Private Company Common Stock [Member]
Investments, fair value	178,824
Fair Value, Inputs, Level 3 [Member] | Private Company Preferred Stock [Member]
Investments, fair value	$ 4,781,520	$ 2,574,665

Note 2 - Fair Value Measureme_4

Note 2 - Fair Value Measurements - Investments Measured at Fair Value Using Significant Unobservable Inputs (Details) - USD ($)	Dec. 31, 2021	Dec. 31, 2020
Private Company Common Stock [Member] | Valuation, Cost Approach [Member] | Purchase Price [Member]
Investments, fair value	$ 178,824
Private Company Preferred Stock [Member] | Valuation, Market Approach [Member] | Measurement Input, Quoted Price [Member]
Investments, fair value	$ 4,781,520	$ 2,574,665

Note 2 - Fair Value Measureme_5

Note 2 - Fair Value Measurements - Additional Information about Level 3 Assets Measured at Fair Value on a Recurring Basis (Details) - USD ($)	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Balance as of December 31, 2020	$ 2,574,665	$ 2,574,665
Unrealized gain on investments	2,206,855	0
Purchase of investment	178,824	0
Balance as of December 31, 2021	$ 4,960,344	$ 2,574,665

Note 3 - Investments (Details T

Note 3 - Investments (Details Textual)	Mar. 17, 2021$ / sharesshares	Oct. 02, 2015$ / sharesshares	Mar. 30, 2012USD ($)$ / sharesshares	Dec. 31, 2021USD ($)$ / shares	Dec. 31, 2021USD ($)$ / shares	Dec. 31, 2020USD ($)$ / shares	Dec. 31, 2018$ / sharesshares	Dec. 31, 2017shares	Dec. 31, 2014USD ($)shares	Sep. 30, 2021USD ($)
Arcimoto, Inc. [Member]
Share Price (in dollars per share) | $ / shares				$ 7.78	$ 7.78	$ 13.23
Arcimoto, Inc. [Member] | Reverse Stock Split [Member]
Stockholders' Equity Note, Stock Split, Conversion Ratio								2
TangoMe, Inc, Series A Preferred Stock [Member]
Unrealized Gain (Loss) on Investments, Total					$ 2,206,856	$ 0
Investment Owned, at Fair Value				$ 4,781,521	4,781,521	2,574,666
TangoMe, Inc, Series A Preferred Stock [Member] | Chief Executive Officer [Member]
Investment Purchased, Shares (in shares) | shares			468,121
Investment Purchased, Price Per Share (in dollars per share) | $ / shares			$ 2.14
Investment Purchased, Value			$ 1,000,000
Common Shares of Buoy Health, Inc [Member]
Investment Purchased, Shares (in shares) | shares	11,233
Investment Purchased, Price Per Share (in dollars per share) | $ / shares	$ 15.92
Investment Owned, at Fair Value										$ 178,824
Arcimoto, Inc. Series A-1 Preferred Stock [Member]
Investment Purchased, Shares (in shares) | shares									37,000
Payments to Acquire Investments, Total									$ 100,011
Options in Arcimoto, Inc [Member]
Unrealized Gain (Loss) on Investments, Total				(18,250)
Investment Owned, at Fair Value				28,598	28,598	55,848
Investment Owned, Balance, Shares (in shares) | shares		2,500					5,000	74,000
Option Indexed to Issuer's Equity, Strike Price (in dollars per share) | $ / shares		$ 4.121					$ 2.0605
Common Stock in Arcimoto, Inc [Member]
Unrealized Gain (Loss) on Investments, Total				(270,100)
Investment Owned, at Fair Value				$ 575,720	$ 575,720	$ 979,020

Note 4 - Related Party Transa_2

Note 4 - Related Party Transactions (Details Textual) - Chief Executive Officer [Member] - USD ($)	Dec. 31, 2021	Sep. 30, 2021	Mar. 10, 2021	Dec. 31, 2020	Dec. 31, 2014
Notes Payable, Related Party [Member]
Debt Instrument, Face Amount					$ 182,000
Debt Instrument, Interest Rate, Stated Percentage	7.75%				7.75%
Long-term Debt, Gross	$ 182,000			$ 182,000
Interest Payable	$ 122,960			108,855
Loan Payable for Interest on Letter of Credit [Member]
Debt Instrument, Interest Rate, Stated Percentage	7.75%
Long-term Debt, Gross		$ 142,313		135,625
Interest Payable	$ 44,265			$ 30,437
Loans Payable [Member]
Debt Instrument, Face Amount			$ 300,000
Debt Instrument, Interest Rate, Stated Percentage			6.00%
Interest Payable	$ 14,680

Note 5 - Note Payable (Details

Note 5 - Note Payable (Details Textual) - USD ($)	Mar. 31, 2012	Dec. 31, 2021	Dec. 31, 2020	Apr. 01, 2017	Dec. 31, 2014
Proceeds from Notes Payable, Total		$ 306,688	$ 27,125
Notes Payable, Other Payables [Member]
Proceeds from Notes Payable, Total	$ 1,000,000
Debt Instrument, Interest Rate, Stated Percentage	8.00%			10.00%
Debt Instrument, Interest Rate, Default Percentage	10.00%
Long-term Debt, Gross		$ 2,329,510	2,109,857
Notes Payable, Related Party [Member] | Chief Executive Officer [Member]
Debt Instrument, Interest Rate, Stated Percentage		7.75%			7.75%
Long-term Debt, Gross		$ 182,000	182,000
Interest Payable		$ 122,960	$ 108,855

Note 5 - Note Payable - Schedul

Note 5 - Note Payable - Scheduled Maturities (Details)	Dec. 31, 2021USD ($)
2025	$ 182,000
2026	442,313
pending	2,678,353
Total	3,302,666
Letter of Credit [Member]
2025	0
2026	0
pending	348,843
Total	348,843
Notes Payable, Other Payables [Member]
2025	0
2026	0
pending	2,329,510
Total	2,329,510
Notes Payable, Related Party [Member]
2025	182,000
2026	442,313
pending	0
Total	$ 624,313

Note 6 - Line of Credit Arran_2

Note 6 - Line of Credit Arrangement (Details Textual) - USD ($)	3 Months Ended		12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2021	Dec. 31, 2020
Long-term Line of Credit, Total	$ 348,843	$ 350,000	$ 348,843	$ 350,000
Interest Expense, Debt, Total	64,115	$ 61,634	246,812	$ 237,766
First Republic Bank [Member] | Line of Credit [Member]
Line of Credit Facility, Maximum Borrowing Capacity	$ 350,000		$ 350,000
Debt Instrument, Interest Rate, Effective Percentage	7.75%	7.75%	7.75%	7.75%
Long-term Line of Credit, Total	$ 348,843	$ 350,000	$ 348,843	$ 350,000
Interest Expense, Debt, Total			$ 27,160	$ 27,125
First Republic Bank [Member] | Line of Credit [Member] | Prime Rate [Member]
Debt Instrument, Basis Spread on Variable Rate			4.50%

Note 7 - Income Taxes (Details

Note 7 - Income Taxes (Details Textual) - USD ($)	Dec. 31, 2020	Dec. 31, 2021
Deferred Tax Assets, Valuation Allowance, Total	$ 283,353	$ 0
Valuation Allowance, Deferred Tax Asset, Increase (Decrease), Amount	$ 84,553
Domestic Tax Authority [Member] | Internal Revenue Service (IRS) [Member]
Open Tax Year		2018 2019 2020 2021
Operating Loss Carryforwards, Total		$ 3,190,522
Operating Loss Carryforwards Subject to Expiration		1,879,491
State and Local Jurisdiction [Member]
Operating Loss Carryforwards, Total		$ 3,253,281
State and Local Jurisdiction [Member] | California Franchise Tax Board [Member]
Open Tax Year		2017 2018 2019 2020 2021

Note 7 - Income Taxes - Tax Eff

Note 7 - Income Taxes - Tax Effects of Significant Items Compromising Deferred Income Taxes (Details) - USD ($)	Dec. 31, 2021	Dec. 31, 2020
Deferred tax asset - Operating loss carryforward	$ 3,190,522	$ 2,737,027
Deferred tax liability – unrealized gain on marketable and non-marketable securities	(4,257,230)	(2,453,674)
Less valuation allowance	0	(283,353)
Deferred income tax asset (liability) – net	$ (1,066,708)	$ 0

Note 7 - Income Taxes - Effecti

Note 7 - Income Taxes - Effective Income Tax Reconciliation (Details) - USD ($)	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Expected Federal income tax benefit (liability)	$ (224,009)	$ 59,504
State income tax benefit (liability) net of federal tax	(94,297)	25,408
Total before valuation allowance	(318,306)	84,553
Change in valuation allowance	0	(84,553)
Income tax benefit (liability)	$ (318,306)	$ 0

Note 8 - Stockholders' Equity (

Note 8 - Stockholders' Equity (Details Textual) - USD ($)	Apr. 29, 2021	Aug. 20, 2013	Jan. 30, 2013	Sep. 15, 2003	Apr. 29, 2021	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2008	Sep. 30, 2021
Common Stock, Shares Authorized (in shares)						25,000,000	25,000,000				25,000,000	25,000,000
Common Stock, Shares, Issued, Total (in shares)						2,937,225	2,937,225				2,937,225	2,937,225
Common Stock, Shares, Outstanding, Ending Balance (in shares)						2,937,225	2,937,225				2,937,225	2,937,225
Treasury Stock, Common, Shares (in shares)						745,536					745,536
Treasury Stock, Shares, Acquired (in shares)				745,536
Treasury Stock Acquired, Average Cost Per Share (in dollars per share)				$ 0.70
Treasury Stock, Value, Acquired, Cost Method				$ 521,875									$ 699
Treasury Stock, Acquired, Percentage Outstanding Shares				50.11%
Preferred Stock, Shares Authorized (in shares)						5,000,000	5,000,000				5,000,000	5,000,000		5,000,000
Preferred Stock, Shares Issued, Total (in shares)						0	0				0	0
Share-based Payment Arrangement, Expense						$ 84,953	$ 22,744				$ 189,762	$ 22,744
Equity Incentive Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross (in shares)	175,000	100,000	70,000
Share-based Compensation Arrangements by Share-based Payment Award, Options, Grants in Period, Weighted Average Exercise Price (in dollars per share)					$ 1.99
Share-based Compensation Arrangement by Share-based Payment Award, Illiquidity Discount					15.00%
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period (Year)					3 years
Share-based Compensation Arrangement by Share-based Payment Award, Expiration Period (Year)					7 years
Share Price (in dollars per share)	$ 2.34	$ 1.20	$ 0.20		$ 2.34
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Exercise Price (in dollars per share)	$ 1.99	$ 1.20	$ 0.20		$ 1.99
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Expected Term (Year)	3 years	4 years	6 years 3 months 29 days
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Risk Free Interest Rate	0.35%	1.10%	4.00%
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Expected Volatility Rate	185.00%	93.00%	121.00%
Share-based Payment Arrangement, Option [Member]
Share-based Payment Arrangement, Expense											189,762
Share-based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Amount, Total						$ 573,407					$ 573,407
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period (Year)											4 years
Share-based Payment Arrangement, Option [Member] | April 2021 [Member]
Share-based Payment Arrangement, Expense											$ 167,018
Share-based Payment Arrangement, Option [Member] | January 2013 [Member]
Share-based Payment Arrangement, Expense											3,096
Share-based Payment Arrangement, Option [Member] | August 2013 [Member]
Share-based Payment Arrangement, Expense											$ 19,648
Share-based Payment Arrangement, Option [Member] | Forecast [Member]
Share-based Payment Arrangement, Expense								$ 81,128	$ 261,584	$ 271,581

Note 9 - Net Income (Loss) Pe_3

Note 9 - Net Income (Loss) Per Share - Computation of Basic and Diluted Earnings Per Share (Details) - USD ($)	3 Months Ended		12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2021	Dec. 31, 2020
Net Operating Loss	$ (172,900)	$ (94,342)	$ (523,401)	$ (301,658)
Weighted average shares outstanding - basic (in shares)	2,191,689	2,191,689	2,191,689	2,191,689
Effect of dilutive potential shares (in shares)	345,000	0	345,000	0
Shares outstanding - diluted (in shares)	2,536,689	2,191,689	2,536,689	2,191,689
Net loss per share - basic (in dollars per share)	$ (0.08)	$ (0.04)	$ (0.24)	$ (0.14)
Net loss per share - diluted (in dollars per share)	$ (0.07)	$ (0.04)	$ (0.21)	$ (0.14)

Note 9 - Net Income (Loss) Pe_4

Note 9 - Net Income (Loss) Per Share - Computation of Comprehensive Earnings (Loss) Per Share (Details) - USD ($)	3 Months Ended		12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2021	Dec. 31, 2020
Net Comprehensive Earnings after income taxes	$ (779,556)	$ 431,008	$ 934,599	$ 614,070
Weighted average shares outstanding - basic (in shares)	2,191,689	2,191,689	2,191,689	2,191,689
Effect of dilutive potential shares (in shares)	345,000	0	345,000	0
Shares outstanding - diluted (in shares)	2,536,689	2,191,689	2,536,689	2,191,689
Net gain (loss) per share - basic (in dollars per share)	$ (0.36)	$ 0.20	$ 0.43	$ 0.28
Net gain (loss) per share - diluted (in dollars per share)	$ (0.31)	$ 0.20	$ 0.37	$ 0.28