XML 39 R30.htm IDEA: XBRL DOCUMENT v3.23.2
Summary of Significant Accounting Policies (Tables)
 3 Months Ended 12 Months Ended
Mar. 31, 2023
Dec. 31, 2022
Accounting Policies [Abstract]    
Schedule of Anti-dilutive Securities Excluded from Earnings Per Share

 

Potentially Dilutive Security  Quantity   Stated Value Per Share (1)   Total Value or Stated Value  

Assumed

Conversion Price (1)

  

Resulting Common

Shares

 
Common stock options   259,250   $—   $—    —    259,250 
Common stock warrants   21,984,266    —    —    —    21,984,266 
Series A preferred stock   273,129    10    2,731,290    0.175    15,607,371 
Series B preferred stock   1,458    1,080    1,574,640    0.500    3,149,280 
Series C preferred stock   7,630    1,111    8,476,930    0.500    16,953,860 
Series B preferred stock warrants   5,000    1,080    5,400,000    0.500    10,800,000 
Secured convertible debentures – related parties   —    —    4,993,700    0.175    28,535,429 
Convertible notes payable   —    —    1,400,000    0.500    2,800,000 
Total                       100,089,456 

 

(1)As of March 31, 2023

Schedule of Anti-dilutive Securities Excluded from Earnings Per Share

Potentially Dilutive Security  Quantity   Stated Value Per Share (1)   Total Value or Stated Value  

Assumed

Conversion Price (1)

  

Resulting Common

Shares

 
Common stock options   259,250   $—   $—    —    259,250 
Common stock warrants   21,984,266    —    —    —    21,984,266 
Series A preferred stock   256,117    10    2,561,170    0.175    14,635,257 
Series B preferred stock   1,439    1,080    1,554,120    0.500    3,108,240 
Series C preferred stock   7,630    1,111    8,476,930    0.500    16,953,860 
Series B preferred stock warrants   10,000    1,080    10,800,000    0.500    21,600,000 
Secured convertible debentures – related parties   —    —    4,993,700    0.175    28,535,429 
Convertible notes payable   —    —    1,400,000    0.500    2,800,000 
Total                       109,876,302 

 

(1) As of December 31, 2022
Schedule of Company’s Wholly-owned Subsidiaries  

The accompanying financial statements are consolidated and include the accounts of the Company and its wholly-owned subsidiaries. Intercompany balances and transactions have been eliminated in consolidation. The following table lists the Company’s wholly-owned subsidiaries as of December 31, 2022:

 

Schedule of Company’s Wholly-owned Subsidiaries

Name of consolidated subsidiary or entity 

State or other jurisdiction

of incorporation or organization

 

Date of incorporation or formation (date of acquisition,

if applicable)

  Attributable
interest		 
Creek Road Miners Corp. (fka Kick the Can Corp.)  Nevada, U.S.A.  September 20, 2010   100%
Wizard Special Events, LLC  California, U.S.A.  June 5, 2018   100%
Creek Road Merger Sub, LLC  Delaware, U.S.A.  October 4, 2022   

100

%