Note 14 - Income Taxes (Tables)
|
12 Months Ended |
Dec. 31, 2025 |
| Notes Tables |
|
| Schedule of Components of Income Tax Expense (Benefit) [Table Text Block] |
| | | December 31, 2025 | | | December 31, 2024 | |
| Current taxes: | | | | | | | | |
| Federal | | $ | 12,821,098 | | | $ | 13,195,875 | |
| State | | | 900,114 | | | | 1,014,207 | |
| Foreign | | | - | | | | - | |
| Current tax expense (benefit) | | | 13,721,212 | | | | 14,210,082 | |
| | | | | | | | | |
| Deferred taxes: | | | | | | | | |
| Federal | | | (1,766,025 | ) | | | (1,578,197 | ) |
| State | | | (311,475 | ) | | | (441,642 | ) |
| Foreign | | | - | | | | - | |
| Deferred tax expense (benefit) | | | (2,077,500 | ) | | | (2,019,839 | ) |
| | | | | | | | | |
| Income tax expense (benefit) | | $ | 11,643,712 | | | $ | 12,190,243 | |
|
| Schedule of Effective Income Tax Rate Reconciliation [Table Text Block] |
| | | December 31, 2025 | | | December 31, 2024 | |
| Income (loss) before income taxes | | $ | (52,279,983 | ) | | $ | (35,606,613 | ) |
| Statutory income tax rate | | | 21 | % | | | 21 | % |
| Income tax expense (benefit) at statutory rate | | | (10,978,796 | ) | | | (7,477,389 | ) |
| | | | | | | | | |
| State income taxes | | | 588,639 | | | | 1,853,657 | |
| UTP Related to 208E | | | 18,576,098 | | | | 12,273,276 | |
| Nondeductible penalties | | | - | | | | 489,813 | |
| Other permanent differences | | | 173,102 | | | | - | |
| Book Impairment | | | - | | | | 3,175,774 | |
| Change in valuation allowance | | | 1,570,242 | | | | 847,315 | |
| Change in state rate | | | 17,005 | | | | 4,561 | |
| Prior period adjustments | | | 1,458,561 | | | | 200,817 | |
| 2023 UTP related to Holdco | | | - | | | | 188,550 | |
| UTP Penalties & Interests | | | 2,548,718 | | | | 545,937 | |
| Other adjustments | | | (2,309,857 | ) | | | 87,931 | |
| Income tax expense (benefit) | | $ | 11,643,712 | | | $ | 12,190,243 | |
|
| Schedule of Deferred Tax Assets and Liabilities [Table Text Block] |
| | | December 31, 2025 | | | December 31, 2024 | |
| Deferred tax assets: | | | | | | | | |
| Loss carryforwards | | $ | 15,654,624 | | | $ | 15,885,208 | |
| Share based compensation | | | 2,102,227 | | | | 1,611,565 | |
| Charitable Contribution | | | 515 | | | | 515 | |
| Loyalty points | | | 48,573 | | | | 513,959 | |
| Capital loss carry forward | | | 11,109,075 | | | | 11,109,075 | |
| Lease liabilities | | | 4,740,770 | | | | 4,913,815 | |
| Inventory Reserve | | | 719,809 | | | | 49,463 | |
| COGS related Impairment | | | 1,177,959 | | | | 370,419 | |
| Gross deferred tax assets | | | 35,553,552 | | | | 34,454,019 | |
| | | | | | | | | |
| Valuation allowance | | | (30,043,884 | ) | | | (28,473,642 | ) |
| Net deferred tax assets | | | 5,509,668 | | | | 5,980,377 | |
| | | | | | | | | |
| Deferred Tax Liabilities: | | | | | | | | |
| Other Licenses | | | 1,219,063 | | | | 2,242,272 | |
| Right-of-use assets | | | 2,951,308 | | | | 4,452,567 | |
| Property and equipment | | | 47,479 | | | | 71,220 | |
| Net deferred tax liabilities | | | 4,217,850 | | | | 6,766,059 | |
| | | | | | | | | |
| | | | | | | | | |
| Total net deferred tax assets (liabilities) | | $ | 1,291,818 | | | $ | (785,682 | ) |
|
| Schedule of Unrecognized Tax Benefits Roll Forward [Table Text Block] |
| A reconciliation of the beginning and ending amount of uncertain tax liabilities is as follow: | | | | | | | | | |
| | | | 2025 | | | 2024 | |
| | Balance at Beginning of Year | | | 19,321,475 | | | | - | |
| | Additions based on tax position related to the current year 280E position | | | 11,594,492 | | | | 13,800,944 | |
| | Additions based on tax position related to the prior year | | | 2,125,435 | | | | 5,520,531 | |
| | Balance at End of Year | | | 33,041,402 | | | | 19,321,475 | |
| | | | | | | | | | |
| A reconciliation of the beginning and ending amount of uncertain tax benefits is as follow: | | | | | | | | | |
| | | | 2025 | | | 2024 | |
| | Balance at Beginning of Year | | | 41,877,402 | | | | - | |
| | Increase related to tax position in a prior period | | | - | | | | 27,530,520 | |
| | Increase relted to tax positions in the current period | | | 11,594,492 | | | | 13,800,944 | |
| | Interest and penalties in income tax expense | | | 2,125,435 | | | | 545,937 | |
| | Balance at End of Year | | | 55,597,329 | | | | 41,877,402 | |
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