Ironstone Properties (IRNS) 10-Q 8 Aug 22 2022 Q2 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	6 Months Ended
	Jun. 30, 2022	Aug. 08, 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	Q2
Document Fiscal Year Focus	2022
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Jun. 30, 2022
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 Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Non-accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		2,716,955

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets (Unaudited) - USD ($)	Jun. 30, 2022	Dec. 31, 2021
ASSETS:
Cash	$ 3,175	$ 30,717
Investments:
Marketable securities	231,678	604,318
Non-marketable securities	5,160,344	4,960,344
Total assets	5,395,197	5,595,379
LIABILITIES AND STOCKHOLDERS' EQUITY:
Accounts payable and accrued expenses	22,481	34,201
Line of credit borrowings	348,843	348,843
Interest payable line of credit	1,259	1,259
Note payable	2,446,461	2,329,510
Note payable - related party	0	624,313
Interest payable - related party	0	181,906
Deferred income tax payable	318,306	318,306
Total liabilities	3,137,350	3,838,338
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 3,462,491 shares are issued and outstanding as of June 30, 2022 and 2,937,225 at December 31, 2021	34,625	29,372
Additional paid-in capital	22,858,100	21,839,083
Additional paid-in capital - stock options	334,896	212,506
Accumulated deficit	(21,564,277)	(22,498,875)
Accumulated other comprehensive Income	1,117,077	2,697,529
Stockholders' Equity before Treasury Stock	2,780,421	2,279,615
Less: Treasury Stock, 745,536 shares, at cost	(522,574)	(522,574)
Total stockholders' equity	2,257,847	1,757,041
Total liabilities and stockholders' equity	$ 5,395,197	$ 5,595,379

Condensed Consolidated Balanc_2

Condensed Consolidated Balance Sheets (Unaudited) (Parentheticals) - $ / shares	Jun. 30, 2022	Dec. 31, 2021
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)	3,462,491	2,937,225
Common stock, shares outstanding (in shares)	3,462,491	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		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Operating expenses:
Compensation - stock options	$ 61,533	$ 42,600	$ 122,390	$ 42,600
Professional fees	5,936	8,729	12,655	11,337
State and local taxes	0	3,250	(592)	10,599
General and administrative expenses	3,802	0	6,727	(39)
Total operating expenses	71,271	54,579	141,180	64,497
Loss from operations	(71,271)	(54,579)	(141,180)	(64,497)
Other expense:
Interest expense	(66,251)	(64,231)	(130,357)	(125,868)
Interest expense to related party	(6,313)	(11,433)	(18,050)	(19,275)
Net operating loss	(143,835)	(130,242)	(289,587)	(209,640)
COMPREHENSIVE PROFIT, NET OF TAX:
Net operating loss	(143,835)	(130,242)	(289,587)	(209,640)
Unrealized holding gain (loss) arising during the period	(263,836)	312,840	(356,266)	312,840
Comprehensive profit	$ (407,670)	$ 182,598	$ (645,853)	$ 103,200
Basic gain (loss) per share
Net operating loss per share (in dollars per share)	$ (0.06)	$ (0.06)	$ (0.13)	$ (0.10)
Net comprehensive profit (loss) per share (in dollars per share)	$ (0.17)	$ 0.08	$ (0.28)	$ 0.05
Weighted average shares outstanding (in shares)	2,373,290	2,191,689	2,285,893	2,191,689

Condensed Consolidated Statem_2

Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)	6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021
CASH FLOWS FROM OPERATING ACTIVITIES:
Net operating loss	$ (289,587)	$ (209,640)
Changes in operating assets and liabilities:
Accounts payable and accrued expenses	(11,719)	5,071
Interest payable	116,950	112,365
Interest payable - related party	34,424	19,275
Net cash used in operating activities	(149,932)	(72,929)
CASH FLOWS FROM FINANCING ACTIVITIES:
Proceeds from issuance of notes payable	0	306,688
Paid in capital stock options	122,390	42,600
Conversion of related party debt to new issue common stock	824,270	0
Payment of related party dept	(824,270)	0
Issuance of new issue common stock	200,000	0
Net cash provided by financing activities	322,390	349,288
CASH FLOWS FROM INVESTING ACTIVITIES:
Investment in non-marketable securities	(200,000)	(178,824)
Net cash provided (used) by financing activities	(200,000)	(178,824)
Net increase (decrease) in cash	(27,542)	97,535
Cash at beginning of period	30,717	(39)
Cash at end of period	3,175	97,496
Cash paid during the period for interest	13,407	6,814
Cash paid during the period for state franchise taxes	(592)	6,499
Share-Based Payment Arrangement, Option [Member] | Equity Incentive Plan [Member]
Supplemental noncash investing and financing activities:
Officer and director common stock options issued	$ 122,390	$ 42,600

Note 1 - Business and Summary o

Note 1 - Business and Summary of Significant Accounting Policies	6 Months Ended
	Jun. 30, 2022
Notes to Financial Statements
Organization, Consolidation, Basis of Presentation, Business Description and Accounting Policies [Text Block]	1. Business Activities Ironstone Group, Inc. and subsidiaries purchases business interests where the Company has a relationship and influence; examples include being a current or prior board of director member, providing seed level capital, and serving in an advisory capacity. Currently Ironstone Group, Inc. is seeking appropriate business combination opportunities. Ironstone Group, Inc, (“Ironstone” or the “Company”) a Delaware corporation, was incorporated in 1972. Principles of Consolidation The accompanying unaudited condensed 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. Basis of Presentation The unaudited condensed consolidated financial statements included herein have been prepared by the Company in conformity with accounting principles generally accepted in the United States of America (“U.S. GAAP”) and pursuant to the rules and regulations of the Securities and Exchange Commission (“SEC”). Certain information and footnote disclosures, normally included in financial statements prepared in accordance with U.S. GAAP, have been condensed or omitted pursuant to such rules and regulations. In the opinion of management, these unaudited condensed consolidated financial statements contain all adjustments (consisting only of normal recurring adjustments) necessary to present fairly the financial position of the Company as of June 30, 2022 December 31, 2021, three June 30, 2022 June 30, 2021 six June 30, 2022 June 30, 2021 six June 30, 2022 June 30, 2021. not may not not 10 December 31, 2014. There have been no 10 December 31, 2021. Going Concern These financial statements contemplate the realization of assets and the satisfaction of liabilities in the normal course of business. Ironstone Group has incurred losses and negative cash flows from operations over the last ten not 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, June 30, 2022 December 31, 2021 not not Securities determined to be non-marketable by the Company do not Use of Estimates The preparation of financial statements in conformity with U.S. GAAP 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. As of June 30, 2022 December 31, 2021, not The Company follows the authoritative guidance on accounting for and disclosure of uncertainty in tax positions, which requires the Company to determine whether a tax position 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 June 30, 2022, 2017 2016 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 three 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, Disclosure of Uncertainties about an Entity s Ability to Continue as a Going Concern 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

Note 2 - Fair Value Measurement

Note 2 - Fair Value Measurements	6 Months Ended
	Jun. 30, 2022
Notes to Financial Statements
Fair Value Disclosures [Text Block]	2. Fair value is defined under FASB ASC 820, Fair Value Measurement and Disclosures 820 820 820 820 three first two may Level 1 not 1 valuations are based on quoted prices that are readily and regularly available in an active market, valuation of these products does 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 Company’s assets and liabilities that are measured at fair value on a non-recurring basis include cash, accounts payable, accrued expenses, and interest payable given their short-term nature. Furthermore, the fair value of the Company’s notes payable are initially measured at fair value given that they are estimated based on current rates that would be available for debt of similar terms. The following tables provide information about the Company’s financial instruments measured at fair value on a recurring basis as of June 30, 2022 December 31, 2021 Balance as of June 30, Level 1 Level 2 Level 3 2022 Investments: Publicly traded common stock $ 225,630 $ - $ - $ 225,630 Publicly traded options 6,048 - - 6,048 Private company common stock - - 4,960,344 4,960,344 Private company preferred stock - - 200,000 200,000 Total $ 231,678 $ - $ 5,160,344 $ 5,392,022 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 - - 4,960,344 4,960,344 Private company preferred stock - - - - Total $ 604,318 $ - $ 4,960,344 $ 5,564,662 The following tables presents the Company’s investments measured at fair value using significant unobservable inputs (Level 3 Fair Value as of June 30, 2022 Valuation Technique Unobservable Inputs Private Company Preferred Stock $ 200,000 Purchase price June 10 and 16, 2022 Acquisition cost Private Company Common Stock $ 178,824 Purchase price March 10, 2021 Acquisition cost Private Company Common Stock $ 4,781,520 valuation average range $1.0bn to $1.5bn Big data technology "MESE" system, and SPAC inqueries Fair Value as of December 31, 2021 Valuation Technique Unobservable Inputs Private Company Common Stock $ 178,824 Purchase price March 10, 2021 Acquisition cost Private Company Common Stock $ 4,781,520 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 six June 30, 2022 2021. may 3 3 may Six Months Ended June 30, 2022 Balance as of December 31, 2021 $ 4,960,344 Unrealized gain on investments - Purchase of investment 200,000 Balance as of June 30, 2022 $ 5,160,344 Six Months Ended June 30, 2021 Balance as of December 31, 2020 $ 4,781,520 Unrealized gain on investments - Purchase of investment 178,824 Balance as of June 30, 2021 $ 4,960,344

Note 3 - Investments

Note 3 - Investments	6 Months Ended
	Jun. 30, 2022
Notes to Financial Statements
Investment [Text Block]	3. TangoMe, Inc. On March 30, 2012, December 31, 2020 no no June 30, 2021, Arcimoto, Inc. During fiscal year 2014 1 The A- 1 2017 2017, one October 2, 2015 October 2, 2025. two one September 17, 2017, second 2022, June 30, 2022. The Arcimoto closing price on June 30, 2022 December 31, 2021 six June 30, 2022. December 31, 2021 six June 30, 2022. Buoy Health, Inc. On March 17, 2021 June 30, 2022. Aristotle On June 10, 2022 June 16, 2022 $19.85 June 30, 2022.

Note 4 - Related Party Transact

Note 4 - Related Party Transactions	6 Months Ended
	Jun. 30, 2022
Notes to Financial Statements
Related Party Transactions Disclosure [Text Block]	4. On December 31, 2014 one A loan was made to Ironstone Group by William Hambrecht resulting from William Hambrecht paying the interest on the Bank Letter of Credit from the time period January 2016 March 2021. On March 10, 2021 March 11, 2026 On May 27, 2022 On June 6, 2022 On June 10, 2022 On June 16, 2022

Note 5 - Note Payable

Note 5 - Note Payable	6 Months Ended
	Jun. 30, 2022
Notes to Financial Statements
Long-Term Debt [Text Block]	5. On March 31, 2012, third March 31, 2017. April 1, 2017. June 30, 2022 December 31, 2021 The scheduled maturities of notes and LOC payable outstanding as of June 30, 2021 pending open Total Notes payable $ 2,446,460 $ 2,446,460 Letter of Credit - 348,843 348,843 Total $ 2,446,460 $ 348,843 $ 2,795,303

Note 6 - Line of Credit Arrange

Note 6 - Line of Credit Arrangement	6 Months Ended
	Jun. 30, 2022
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 June 30, 2020 December 31, 2020, June 30, 2022 December 31, 2021, June 30, 2022 December 31, 2021

Note 7 - State Franchise Taxes

Note 7 - State Franchise Taxes Payable	6 Months Ended
	Jun. 30, 2022
Notes to Financial Statements
Franchise Tax Disclosure [Text Block]	7. During the three June 30, 2022 no three June 30, 2021 Q3 2021.

Note 8 - Stockholders' Equity

Note 8 - Stockholders' Equity	6 Months Ended
	Jun. 30, 2022
Notes to Financial Statements
Stockholders' Equity Note Disclosure [Text Block]	8. EQUITY Common Stock On January 2, 2014, On May 1, 2014, third September 30, 2014, third On May 27, 2022, On June 6, 2022 Treasury Stock On September 15, 2003, December 31, 2008, June 30, 2022 December 31, 2021, 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 June 30, 2022 December 31, 2021. Stock Option Plans On April 29, 2021 April 29, 2021, six three seven Stock-Based Compensation For the quarter ended June 30, 2022 Operating Earnings (Loss) Per Share Basic net income (loss) per share is computed by dividing the net income (loss) by the weighted 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 from operations and the dilutive common stock equivalents for the periods presented: Quarters Ended Six months ended June 30, 2022 June 30, 2021 June 30, 2022 June 30, 2021 Numerator: Net Operating Loss $ (143,835 ) $ (130,242 ) $ (289,587 ) $ (209,640 ) Denominator: Weighted average shares outstanding - basic 2,373,290 2,191,689 2,285,893 2,191,689 Effect of dilutive potential shares 345,000 345,000 345,000 345,000 Shares outstanding - diluted 2,718,290 2,536,689 2,630,893 2,536,689 Net loss per share - basic $ (0.06 ) $ (0.06 ) $ (0.13 ) $ (0.10 ) Net loss per share - diluted $ (0.05 ) $ (0.05 ) $ (0.11 ) $ (0.08 ) Comprehensive Earnings (Loss) Per Share Comprehensive earnings include Operating earnings (loss) above, and securities and options investments held mark-to-market gains (loss). Quarters Ended Six months ended June 30, 2022 June 30, 2021 June 30, 2022 June 30, 2021 Numerator: Net Comprehensive Earnings $ (407,670 ) $ 182,598 $ (645,853 ) $ 103,200 Denominator: Weighted average shares outstanding - basic 2,373,290 2,191,689 2,285,893 2,191,689 Effect of dilutive potential shares 345,000 345,000 345,000 345,000 Shares outstanding - diluted 2,718,290 2,536,689 2,630,893 2,536,689 Net gain (loss) per share - basic $ (0.17 ) $ 0.08 $ (0.28 ) $ 0.05 Net gain (loss) per share - diluted $ (0.15 ) $ 0.07 $ (0.25 ) $ 0.04

Note 9 - Management's Plans

Note 9 - Management's Plans	6 Months Ended
	Jun. 30, 2022
Notes to Financial Statements
Substantial Doubt about Going Concern [Text Block]	9. S PLANS As reflected in the accompanying financial statements, the Company has net losses and has a negative cash flow from operations. The attainment of profitable operations is dependent upon future events, including liquidity events in privately held investments in excess of purchase price, and or the profitable sale of publicly traded investments. If necessary, to provide liquidity, the Company may may may not

Significant Accounting Policies

Significant Accounting Policies (Policies)	6 Months Ended
	Jun. 30, 2022
Accounting Policies [Abstract]
Consolidation, Policy [Policy Text Block]	Principles of Consolidation The accompanying unaudited condensed 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.
Basis of Accounting, Policy [Policy Text Block]	Basis of Presentation The unaudited condensed consolidated financial statements included herein have been prepared by the Company in conformity with accounting principles generally accepted in the United States of America (“U.S. GAAP”) and pursuant to the rules and regulations of the Securities and Exchange Commission (“SEC”). Certain information and footnote disclosures, normally included in financial statements prepared in accordance with U.S. GAAP, have been condensed or omitted pursuant to such rules and regulations. In the opinion of management, these unaudited condensed consolidated financial statements contain all adjustments (consisting only of normal recurring adjustments) necessary to present fairly the financial position of the Company as of June 30, 2022 December 31, 2021, three June 30, 2022 June 30, 2021 six June 30, 2022 June 30, 2021 six June 30, 2022 June 30, 2021. not may not not 10 December 31, 2014. There have been no 10 December 31, 2021.
Going Concern [Policy Text Block]	Going Concern These financial statements contemplate the realization of assets and the satisfaction of liabilities in the normal course of business. Ironstone Group has incurred losses and negative cash flows from operations over the last ten not
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, June 30, 2022 December 31, 2021 not 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 U.S. GAAP 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. As of June 30, 2022 December 31, 2021, not The Company follows the authoritative guidance on accounting for and disclosure of uncertainty in tax positions, which requires the Company to determine whether a tax position 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 June 30, 2022, 2017 2016
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 three 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, Disclosure of Uncertainties about an Entity s Ability to Continue as a Going Concern 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

Note 2 - Fair Value Measureme_2

Note 2 - Fair Value Measurements (Tables)	6 Months Ended
	Jun. 30, 2022
Notes Tables
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block]	Balance as of June 30, Level 1 Level 2 Level 3 2022 Investments: Publicly traded common stock $ 225,630 $ - $ - $ 225,630 Publicly traded options 6,048 - - 6,048 Private company common stock - - 4,960,344 4,960,344 Private company preferred stock - - 200,000 200,000 Total $ 231,678 $ - $ 5,160,344 $ 5,392,022 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 - - 4,960,344 4,960,344 Private company preferred stock - - - - Total $ 604,318 $ - $ 4,960,344 $ 5,564,662
Fair Value Measurement Inputs and Valuation Techniques [Table Text Block]	Fair Value as of June 30, 2022 Valuation Technique Unobservable Inputs Private Company Preferred Stock $ 200,000 Purchase price June 10 and 16, 2022 Acquisition cost Private Company Common Stock $ 178,824 Purchase price March 10, 2021 Acquisition cost Private Company Common Stock $ 4,781,520 valuation average range $1.0bn to $1.5bn Big data technology "MESE" system, and SPAC inqueries Fair Value as of December 31, 2021 Valuation Technique Unobservable Inputs Private Company Common Stock $ 178,824 Purchase price March 10, 2021 Acquisition cost Private Company Common Stock $ 4,781,520 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]	Six Months Ended June 30, 2022 Balance as of December 31, 2021 $ 4,960,344 Unrealized gain on investments - Purchase of investment 200,000 Balance as of June 30, 2022 $ 5,160,344 Six Months Ended June 30, 2021 Balance as of December 31, 2020 $ 4,781,520 Unrealized gain on investments - Purchase of investment 178,824 Balance as of June 30, 2021 $ 4,960,344

Note 5 - Note Payable (Tables)

Note 5 - Note Payable (Tables)	6 Months Ended
	Jun. 30, 2022
Notes Tables
Schedule of Maturities of Long-Term Debt [Table Text Block]	pending open Total Notes payable $ 2,446,460 $ 2,446,460 Letter of Credit - 348,843 348,843 Total $ 2,446,460 $ 348,843 $ 2,795,303

Note 8 - Stockholders' Equity (

Note 8 - Stockholders' Equity (Tables)	6 Months Ended
	Jun. 30, 2022
Notes Tables
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]	Quarters Ended Six months ended June 30, 2022 June 30, 2021 June 30, 2022 June 30, 2021 Numerator: Net Operating Loss $ (143,835 ) $ (130,242 ) $ (289,587 ) $ (209,640 ) Denominator: Weighted average shares outstanding - basic 2,373,290 2,191,689 2,285,893 2,191,689 Effect of dilutive potential shares 345,000 345,000 345,000 345,000 Shares outstanding - diluted 2,718,290 2,536,689 2,630,893 2,536,689 Net loss per share - basic $ (0.06 ) $ (0.06 ) $ (0.13 ) $ (0.10 ) Net loss per share - diluted $ (0.05 ) $ (0.05 ) $ (0.11 ) $ (0.08 )
Schedule of Comprehensive Earnings Per Share, Basic and Diluted [Table Text Block]	Quarters Ended Six months ended June 30, 2022 June 30, 2021 June 30, 2022 June 30, 2021 Numerator: Net Comprehensive Earnings $ (407,670 ) $ 182,598 $ (645,853 ) $ 103,200 Denominator: Weighted average shares outstanding - basic 2,373,290 2,191,689 2,285,893 2,191,689 Effect of dilutive potential shares 345,000 345,000 345,000 345,000 Shares outstanding - diluted 2,718,290 2,536,689 2,630,893 2,536,689 Net gain (loss) per share - basic $ (0.17 ) $ 0.08 $ (0.28 ) $ 0.05 Net gain (loss) per share - diluted $ (0.15 ) $ 0.07 $ (0.25 ) $ 0.04

Note 1 - Business and Summary_2

Note 1 - Business and Summary of Significant Accounting Policies (Details Textual)	6 Months Ended
	Jun. 30, 2022
Share-Based Payment Arrangement, Option [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award, Award Vesting Period (Year)	3 years
Domestic Tax Authority [Member] | Internal Revenue Service (IRS) [Member]
Open Tax Year	2017 2018 2019 2020 2021
State and Local Jurisdiction [Member] | California Franchise Tax Board [Member]
Open Tax Year	2016 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 ($)	Jun. 30, 2022	Dec. 31, 2021
Investments, fair value	$ 5,392,022	$ 5,564,662
Publicly Traded Common Stock [Member]
Investments, fair value	225,630	575,720
Publicly Traded Options [Member]
Investments, fair value	6,048	28,598
Private Company Common Stock [Member]
Investments, fair value	4,960,344	4,960,344
Private Company Preferred Stock [Member]
Investments, fair value	200,000	0
Fair Value, Inputs, Level 1 [Member]
Investments, fair value	231,678	604,318
Fair Value, Inputs, Level 1 [Member] | Publicly Traded Common Stock [Member]
Investments, fair value	225,630	575,720
Fair Value, Inputs, Level 1 [Member] | Publicly Traded Options [Member]
Investments, fair value	6,048	28,598
Fair Value, Inputs, Level 3 [Member]
Investments, fair value	5,160,344	4,960,344
Fair Value, Inputs, Level 3 [Member] | Private Company Common Stock [Member]
Investments, fair value	4,960,344	4,960,344
Fair Value, Inputs, Level 3 [Member] | Private Company Preferred Stock [Member]
Investments, fair value	$ 200,000	$ 0

Note 2 - Fair Value Measureme_4

Note 2 - Fair Value Measurements - Investments Measured at Fair Value Using Significant Unobservable Inputs (Details) - USD ($)	Jun. 30, 2022	Dec. 31, 2021
Private Company Preferred Stock [Member] | Valuation, Cost Approach [Member] | Purchase Price [Member]
Investments, fair value	$ 200,000
Private Company Common Stock [Member] | Valuation, Cost Approach [Member] | Purchase Price [Member]
Investments, fair value	178,824	$ 178,824
Private Company Common Stock [Member] | Valuation, Market Approach [Member] | Measurement Input, Quoted Price [Member]
Investments, fair value	$ 4,781,520	$ 4,781,520

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 ($)	6 Months Ended
	Jun. 30, 2022	Jun. 21, 2021
Balance as of December 31, 2021	$ 4,960,344	$ 4,781,520
Unrealized gain on investments	0	0
Purchase of investment	200,000	178,824
Balance as of June 30, 2022	$ 5,160,344	$ 4,960,344

Note 3 - Investments (Details T

Note 3 - Investments (Details Textual)							6 Months Ended	12 Months Ended
	Jun. 30, 2022 USD ($) $ / shares shares	Jun. 16, 2022 $ / shares shares	Jun. 10, 2022 USD ($) $ / shares shares	Mar. 17, 2021 USD ($) $ / shares shares	Oct. 02, 2015 $ / shares shares	Mar. 30, 2012 USD ($) $ / shares shares	Jun. 30, 2022 USD ($) $ / shares shares	Dec. 31, 2018 $ / shares shares	Dec. 31, 2017 shares	Dec. 31, 2014 USD ($) shares	Dec. 31, 2021 USD ($) $ / shares	Jun. 30, 2021 USD ($)	Dec. 31, 2020 USD ($)
Arcimoto, Inc. [Member]
Share Price (in dollars per share) | $ / shares	$ 3.27						$ 3.27				$ 7.78
Arcimoto, Inc. [Member] | Reverse Stock Split [Member]
Stockholders' Equity Note, Stock Split, Conversion Ratio									2
TangoMe, Inc, Series A Preferred Stock [Member]
Investment Owned, at Fair Value												$ 2,574,666	$ 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
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]
Investment Owned, at Fair Value	$ 6,048						$ 6,048				$ 28,598
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
Unrealized Gain (Loss) on Investments							(22,550)
Common Stock in Arcimoto, Inc [Member]
Investment Owned, at Fair Value	$ 225,630						$ 225,630				$ 575,720
Investment Owned, Balance, Shares (in shares) | shares	69,000						69,000
Investment Sold, Shares (in shares) | shares	5,000
Unrealized Gain (Loss) on Investments							$ (350,090)
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
Preferred Stock in Aristotle [Member]
Investment Purchased, Shares (in shares) | shares		5,037	5,037
Investment Purchased, Price Per Share (in dollars per share) | $ / shares		$ 19.85	$ 19.85
Investment Owned, at Fair Value	$ 200,000		$ 100,000				$ 200,000
Investment Owned, Balance, Shares (in shares) | shares	10,074						10,074
Preferred Stock in Aristotle [Member] | Chief Executive Officer [Member]
Investment Purchased, Shares (in shares) | shares			5,037
Investment Purchased, Price Per Share (in dollars per share) | $ / shares			$ 19.85
Payments to Acquire Investments, Total			$ 100,000

Note 4 - Related Party Transa_2

Note 4 - Related Party Transactions (Details Textual) - USD ($)	Jun. 16, 2022	Jun. 10, 2022	Jun. 06, 2022	May 27, 2022	Mar. 31, 2022	Mar. 10, 2021	Dec. 31, 2014
Preferred Stock in Aristotle [Member]
Investment Purchased, Shares (in shares)	5,037	5,037
Investment Purchased, Price Per Share (in dollars per share)	$ 19.85	$ 19.85
Conversion of Debt into Common Stock [Member]
Debt Conversion, Original Debt, Amount				$ 824,269
Debt Conversion, Converted Instrument, Shares Issued (in shares)				404,054
Debt Instrument, Convertible, Conversion Price (in dollars per share)				$ 2.04
Chief Executive Officer [Member] | Preferred Stock in Aristotle [Member]
Investment Purchased, Shares (in shares)		5,037
Investment Purchased, Price Per Share (in dollars per share)		$ 19.85
Payments to Acquire Investments, Total		$ 100,000
Chief Executive Officer [Member] | Conversion of Debt into Common Stock [Member]
Debt Conversion, Original Debt, Amount				$ 824,269
Debt Conversion, Converted Instrument, Shares Issued (in shares)				404,054
Debt Instrument, Convertible, Conversion Price (in dollars per share)				$ 2.04
Director [Member]
Stock Issued During Period, Shares, New Issues (in shares)			121,212
Shares Issued, Price Per Share (in dollars per share)			$ 1.65
Stock Issued During Period, Value, New Issues			$ 200,000
Director [Member] | Preferred Stock in Aristotle [Member]
Investment Purchased, Shares (in shares)	5,037
Investment Purchased, Price Per Share (in dollars per share)	$ 19.85
Payments to Acquire Investments, Total	$ 100,000
Notes Payable, Related Party [Member] | Chief Executive Officer [Member]
Debt Instrument, Face Amount							$ 182,000
Debt Instrument, Interest Rate, Stated Percentage							7.75%
Loan Payable for Interest on Letter of Credit [Member] | Chief Executive Officer [Member]
Debt Instrument, Interest Rate, Stated Percentage					7.75%
Loans Payable [Member] | Chief Executive Officer [Member]
Debt Instrument, Face Amount						$ 300,000
Debt Instrument, Interest Rate, Stated Percentage						6%

Note 5 - Note Payable (Details

Note 5 - Note Payable (Details Textual) - USD ($)		6 Months Ended
	Mar. 31, 2012	Jun. 30, 2022	Jun. 30, 2021	Dec. 31, 2021	Apr. 01, 2017
Proceeds from Notes Payable, Total		$ 0	$ 306,688
Notes Payable, Other Payables [Member]
Proceeds from Notes Payable, Total	$ 1,000,000
Debt Instrument, Interest Rate, Stated Percentage	8%				10%
Debt Instrument, Interest Rate, Default Percentage	10%
Long-Term Debt, Gross		$ 2,446,460		$ 2,329,510

Note 5 - Note Payable - Schedul

Note 5 - Note Payable - Scheduled Maturities (Details)	Jun. 30, 2022 USD ($)
2025	$ 2,446,460
2026	348,843
pending	2,795,303
Letter of Credit [Member]
2025	0
2026	348,843
pending	348,843
Notes Payable, Other Payables [Member]
2025	2,446,460
2026
pending	$ 2,446,460

Note 6 - Line of Credit Arran_2

Note 6 - Line of Credit Arrangement (Details Textual) - USD ($)	3 Months Ended			6 Months Ended		18 Months Ended
	Jun. 30, 2022	Dec. 31, 2021	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2020
Long-term Line of Credit, Total	$ 348,843	$ 348,843		$ 348,843		$ 348,843
Interest Expense, Debt, Total	66,251		$ 64,231	130,357	$ 125,868
First Republic Bank [Member] | Line of Credit [Member]
Line of Credit Facility, Maximum Borrowing Capacity	350,000			350,000		350,000
Debt Instrument, Interest Rate, Effective Percentage							7.75%
Long-term Line of Credit, Total	348,843	348,843		$ 348,843		$ 348,843
Interest Expense, Debt, Total	$ 6,740	$ 6,843
Debt Instrument, Interest Rate, Stated Percentage		7.75%
First Republic Bank [Member] | Line of Credit [Member] | Prime Rate [Member]
Debt Instrument, Basis Spread on Variable Rate						4.50%

Note 7 - State Franchise Taxe_2

Note 7 - State Franchise Taxes Payable (Details Textual) - USD ($)	Jun. 30, 2022	Jun. 30, 2021
Franchise Tax in Arrears, Including Related Penalties and Interest, Expense Total	$ 0
Franchise Taxes in Arrears, Total		$ 3,250
Franchise Taxes in Arrears, Interest and Penalties Accrued, Total		$ 2,925

Note 8 - Stockholders' Equity_2

Note 8 - Stockholders' Equity (Details Textual) - USD ($)

3 Months Ended

6 Months Ended

12 Months Ended

Jun. 06, 2022

May 27, 2022

Apr. 29, 2021

Sep. 30, 2014

May 01, 2014

Jan. 02, 2014

Sep. 15, 2003

Jun. 30, 2022

Jun. 30, 2021

Jun. 30, 2022

Jun. 30, 2021

Dec. 31, 2008

Dec. 31, 2021

Stock Issued During Period, Shares, Warrant Exercises (in shares)

187,296

187,296

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

Preferred Stock, Shares Issued (in shares)

0

0

0

Share-Based Payment Arrangement, Expense

$ 61,533

$ 42,600

$ 122,390

$ 42,600

Share-Based Payment Arrangement, Option [Member]

Share-Based Compensation Arrangement by Share-Based Payment Award, Award Vesting Period (Year)

3 years

Share-Based Payment Arrangement, Expense

$ 61,533

Equity Incentive Plan [Member]

Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Grants in Period, Gross (in shares)

175,000

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%

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

Director [Member]

Stock Issued During Period, Shares, New Issues (in shares)

121,212

Stock Issued During Period, Value, New Issues

$ 200,000

Shares Issued, Price Per Share (in dollars per share)

$ 1.65

Conversion of Debt into Common Stock [Member]

Debt Conversion, Original Debt, Amount

$ 824,269

Debt Conversion, Converted Instrument, Shares Issued (in shares)

404,054

Debt Instrument, Convertible, Conversion Price (in dollars per share)

$ 2.04

Purchase Agreement [Member]

Stock Issued During Period, Shares, New Issues (in shares)

131,429

Stock Issued During Period, Percentage Outstanding

7%

Stock Issued During Period, Value, New Issues

$ 230,000

Note 8 - Stockholders' Equity -

Note 8 - Stockholders' Equity - Computation of Basic and Diluted Earnings Per Share (Details) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Net Operating Loss	$ (143,835)	$ (130,242)	$ (289,587)	$ (209,640)
Weighted average shares outstanding (in shares)	2,373,290	2,191,689	2,285,893	2,191,689
Effect of dilutive potential shares (in shares)	345,000	345,000	345,000	345,000
Shares outstanding - diluted (in shares)	2,718,290	2,536,689	2,630,893	2,536,689
Net loss per share - basic (in dollars per share)	$ (0.06)	$ (0.06)	$ (0.13)	$ (0.10)
Net loss per share - diluted (in dollars per share)	$ (0.05)	$ (0.05)	$ (0.11)	$ (0.08)

Note 8 - Stockholders' Equity_3

Note 8 - Stockholders' Equity - Computation of Comprehensive Earnings (Loss) Per Share (Details) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Net Comprehensive Earnings	$ (407,670)	$ 182,598	$ (645,853)	$ 103,200
Weighted average shares outstanding (in shares)	2,373,290	2,191,689	2,285,893	2,191,689
Effect of dilutive potential shares (in shares)	345,000	345,000	345,000	345,000
Shares outstanding - diluted (in shares)	2,718,290	2,536,689	2,630,893	2,536,689
Net gain (loss) per share - basic (in dollars per share)	$ (0.17)	$ 0.08	$ (0.28)	$ 0.05
Net gain (loss) per share - diluted (in dollars per share)	$ (0.15)	$ 0.07	$ (0.25)	$ 0.04