XML 10 R4.htm IDEA: XBRL DOCUMENT v3.23.2
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
1 Months Ended 3 Months Ended 6 Months Ended 7 Months Ended 12 Months Ended
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2023
Dec. 31, 2022
Dec. 31, 2022
Dec. 31, 2021
Revenue:            
Cryptocurrency mining $ 179,318 $ 179,318      
Expenses            
Cryptocurrency mining costs 93,244 93,244      
Depreciation and amortization 132,851 132,851      
General and administrative expenses 32,723 2,857,471 2,921,863      
Impairment of mined cryptocurrency 16,794,688 16,794,688      
Total Expenses 32,723 19,878,254 19,942,646      
Loss from operations (32,723) (19,698,936) (19,763,328)      
Other income (expense):            
Interest income 43,037 43,037      
Interest expense (43,719) (43,719)      
Loss on adjustment to fair value - AR Debentures (741,000) (741,000)      
Loss on adjustment to fair value - Obligation Shares (706,185) (706,185)      
Total other income (expense) (1,447,867) (1,447,867)      
Loss from operations before provision for income taxes (32,723) (21,146,803) (21,211,195)      
Discontinued operations:            
Provision for income taxes      
Net Loss $ (32,723) $ (21,146,803) $ (21,211,195)      
Loss per common share:            
Earnings (loss) per share, basic $ (0.19) $ (0.38)      
Earnings (loss) per share, diluted $ (0.19) $ (0.38)      
Weighted average common shares outstanding:            
Weighted average common shares outstanding, basic 112,151,412 56,385,516      
Weighted average common shares outstanding, diluted 112,151,412 56,385,516      
Creek Road Miners Inc [Member]            
Revenue:            
Revenues         $ 517,602 $ 369,804
Expenses            
Cryptocurrency mining costs         1,071,458 281,790
Depreciation and amortization         658,080 112,512
Stock based compensation         2,681,201 12,338,424
General and administrative expenses         3,606,522 5,787,790
Impairment of mined cryptocurrency         107,174 59,752
Total Expenses         8,124,435 18,580,268
Loss from operations         (7,606,833) (18,210,464)
Other income (expense):            
Realized loss on sale of cryptocurrency         (127,222)
Impairment of fixed assets         (5,231,752)
Loss on sale of investment         (19,104)
PPP loan forgiveness         197,662 183,567
Interest expense         (613,827) (1,175,217)
Total other income (expense)         (5,794,243) (991,650)
Loss from operations before provision for income taxes         (13,401,076) (19,202,114)
Discontinued operations:            
Income (loss) from discontinued operations         (17,738) 78,242
Gain on sale of discontinued operations         1,853,169
Net income from discontinued operations         (17,738) 1,931,411
Provision for income taxes        
Loss from continuing operations         (13,401,076) (19,202,114)
Net Loss         (13,418,814) (17,270,703)
Dividends on preferred stock         (364,384) (372,325)
Earnings attributable to common stockholders         $ (13,783,198) $ (17,643,028)
Earnings (loss) per common share:            
Earnings (loss) per share from continuing operations, basic         $ (1.18) $ (4.12)
Earnings per share from discontinued operations, basic         0.41
Loss per common share:            
Earnings (loss) per share, basic         (1.18) (3.71)
Earnings (loss) per share, diluted         $ (1.18) $ (3.71)
Weighted average common shares outstanding:            
Weighted average common shares outstanding, basic         11,648,878 4,755,244
Weighted average common shares outstanding, diluted         11,648,878 4,755,244
Earnings (loss) per share from continuing operations, diluted         $ (1.18) $ (4.12)
Earnings per share from discontinued operations, diluted         $ 0.41
Prairie Operating Co LLC [Member]            
Revenue:            
Revenues          
Expenses            
Operating expenses          
General and administrative expenses       461,520    
Total Expenses       461,520    
Discontinued operations:            
Net Loss       $ (461,520)