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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Cash flows from operating activities:    
Net loss $ (1,136,407) $ (454,507)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Common Stock issued for services 48,397 87,248
Stock Based Compensation 588,080 102,600
Changes in operating assets and liabilities:    
Prepaid expenses and other assets 11,000 2,000
Accounts payable and accrued liabilities 144,697 (9,018)
Deferred revenue 943,500
Net cash provided by (used in) operating activities 599,267 (271,677)
Cash flows from financing activities:    
Deferred Offering Costs (93,830)  
Cash from Sale of Common Stock, net 396,000 225,000
Net cash provided by (used in) financing activities 302,170 225,000
Net increase (decrease) in cash and cash equivalents 901,437 (46,677)
Cash and cash equivalents at beginning of period 152,417 197,723
Cash and cash equivalents at end of period 1,053,854 151,046
Supplementary disclosure of non-cash operating activities:    
Common Stock issued for legal services – 529,452 and 933,796 Common Shares, June 30, 2024 and 2023, respectively. 48,397 87,248
Supplementary disclosure of non-cash investing and financing activities:    
Common Stock cancelled related to exclusive license cancellation and settlement agreement – 51,507,749 Common Shares 51,508
Common Stock issued in exchange for 100% equity interest in Emergen Energy LLC – 222,222,000 Common Shares 22,222,200
Supplementary disclosure of cash flow information:    
Interest paid
Taxes paid