Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)	Sep. 30, 2024	Dec. 31, 2023
CURRENT ASSETS
Cash and cash equivalents	$ 16,713,056	$ 21,936,210
Restricted cash	5,714,338	3,905,544
Short-term investments	5,000,000	5,000,000
Accounts receivable, net of allowance of $7,670 for both periods	2,457,780	484,092
Inventory	292,986	249,370
Prepaid expenses	1,706,038	645,422
Income taxes receivable and prepaid income taxes	2,127,349	4,083,364
Total Current Assets	34,011,547	36,304,002
LONG-TERM ASSETS
Other prepaid expenses	38,182	10,978
TIF receivable	16,969,097	13,972,875
Operating lease right-of-use asset	27,674	53,026
Equity investment	8,046,985	6,612,712
Land held for development	1,229,475	1,229,475
Land, buildings, and equipment, net	49,288,093	42,969,529
Total Long-term Assets	80,215,573	68,374,666
TOTAL ASSETS	114,227,120	104,678,668
CURRENT LIABILITIES
Accounts payable	5,783,824	4,599,391
Casino accruals	2,240,551	2,667,499
Accrued wages and payroll taxes	2,806,975	1,662,927
Cash dividend payable	350,555	346,125
Accrued property taxes	726,331	741,215
Deferred revenue	325,883	274,898
Payable to horsepersons	2,906,622	763,383
Current portion of finance lease obligations	32,259	1,604
Current portion of operating lease obligations	27,674	25,352
Total Current Liabilities	15,200,674	11,082,394
LONG-TERM LIABILITIES
Deferred income taxes	9,708,000	10,300,015
Investee losses in excess of equity investment	4,003,146	1,464,218
Finance lease obligations, net of current portion	125,682	7,770
Operating lease obligations, net of current portion	0	27,674
Total Long-term Liabilities	13,836,828	11,799,677
TOTAL LIABILITIES	29,037,502	22,882,071
STOCKHOLDERS’ EQUITY
Common stock, $.01 par value, 10,000,000 shares authorized, 5,019,609 and 4,962,573 respectively, shares issued and outstanding	50,196	49,626
Additional paid-in capital	28,445,226	27,351,509
Retained earnings	56,694,196	54,395,462
Total Stockholders’ Equity	85,189,618	81,796,597
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	114,227,120	104,678,668
Related Party [Member]
CURRENT ASSETS
Accounts receivable, net of allowance of $7,670 for both periods	8,000	47,000
LONG-TERM ASSETS
Related party receivable	$ 4,616,067	$ 3,526,071

Canterbury Park Holding Corp 10-Q