XML 13 R2.htm IDEA: XBRL DOCUMENT v3.24.2.u1
Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
Jun. 30, 2024
Dec. 31, 2023
Current assets    
Cash and cash equivalents $ 2,191,108 $ 2,688,141
Accounts receivable 1,135,987 1,469,298
Inventories 699,271 927,111
Prepaids and other current assets 309,676 672,934
Total current assets 4,336,042 5,757,484
Long-term assets    
Restricted cash 1,396,423 880,752
Property, plant and equipment, net 2,567,123 2,465,077
Capitalized lease disposal costs, net 663,874 688,462
Financing lease right-of-use asset 3,606 6,611
Operating lease right-of-use asset 2,117,044 2,183,988
Goodwill 1,384,255 1,384,255
Patents and other intangibles, net 3,456,011 3,538,458
Total long-term assets 11,588,336 11,147,603
Total assets 15,924,378 16,905,087
Current liabilities    
Accounts payable 312,233 559,597
Accrued liabilities 1,304,889 1,482,179
Unearned revenue 733,505 932,682
Current portion of operating lease right-of-use liability 145,550 140,733
Current portion of financing lease liability 1,309 2,832
Current portion of mandatorily redeemable preferred stock 4,063,000 0
Total current liabilities 6,705,486 3,273,756
Long-term liabilities    
Accrued long-term liabilities 56,250 75,000
Asset retirement obligation 1,509,216 1,474,463
Operating lease right-of-use liability, net of current portion 2,017,512 2,091,511
Mandatorily redeemable convertible preferred stock 0 4,063,000
Total long-term liabilities 5,390,078 9,594,706
Total liabilities 12,095,564 12,868,462
Stockholders' equity    
Common stock, $0.01 par value; 750,000,000 shares authorized; 522,957,618 and 519,787,870 shares issued and outstanding respectively 5,229,576 5,197,879
Additional paid in capital 126,316,593 126,168,605
Accumulated deficit (127,717,355) (127,329,859)
Total equity 3,828,814 4,036,625
Total liabilities and stockholders' equity 15,924,378 16,905,087
Nonrelated Party [Member]    
Current liabilities    
Current installments of notes payable 145,000 155,733
Long-term liabilities    
Notes payable, net of current portion 187,100 270,732
Related Party [Member]    
Long-term liabilities    
Notes payable, net of current portion $ 1,620,000 $ 1,620,000