XML 71 R59.htm IDEA: XBRL DOCUMENT v3.24.3
Related Party Transactions (Details Narrative) - USD ($)
1 Months Ended 3 Months Ended 9 Months Ended
Sep. 30, 2024
Aug. 15, 2024
Aug. 30, 2023
Aug. 15, 2023
May 03, 2023
Oct. 31, 2023
May 03, 2023
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Issuance of Common Stock to former stockholders of Creek Road Miners upon Merger             $ 9,928,262        
[custom:StockIssuedDuringPeriodSharesNonCompensatoryOptionsAcquire]         8,000,000            
Shares issued price per share         $ 0.25   $ 0.25        
Stock issued during period, value, new issues             $ 16,447,649        
Liquidated damages               $ 173,763 $ 173,763
Common stock voting rights thresold percentage   29.90%                  
Series E PIPE Investor [Member]                      
Consideration recieved per transaction       $ 20,000,000.0              
Number of shares issued       39,614              
Warrant issued       8,000,000              
Exercise price       $ 6.00              
Subordinated Promissory Note and Subordinated Note Warrants [Member]                      
Debt instrument, issued, principal amount                   $ 5,000,000.0  
Debt maturity date                   Sep. 30, 2025  
Subordinated Promissory Note and Subordinated Note Warrants [Member] | Maximum [Member]                      
Warrant, vested                   1,141,552  
Series D Preferred Stock [Member]                      
Issuance of Common Stock to former stockholders of Creek Road Miners upon Merger         $ 3,209,196            
Series D Preferred Stock [Member] | Jonathan H Gary [Member]                      
Stock issued during period, value, new issues         750,000            
Series D Preferred Stock and D Pipe Warrants [Member] | Jonathan H Gary [Member]                      
Stock issued during period, value, new issues         254,875            
Series E Preferred Stock [Member]                      
Number of shares issued       20,000              
Rose Hill Holdings Limited [Member]                      
[custom:StockIssuedDuringPeriodSharesNonCompensatoryOptionsAcquire]                   800,000  
Bristol Investment Fund Ltd [Member] | Series D Preferred Stock [Member]                      
Stock issued during period, value, new issues         $ 1,250,000            
Noncompensatory Option Purchase Agreement [Member]                      
Issuance of Common Stock to former stockholders of Creek Road Miners upon Merger $ 800,000   $ 200,000                
Shares issued price per share $ 0.25   $ 0.25         $ 0.25   $ 0.25  
Consent Agreement [Member]                      
Related party transaction description of transaction   the Company entered into a Consent and Agreement (the “Consent and Agreement”) with the O’Neill Trust, pursuant to which the O’Neill Trust (a) consented to, and waived any and all negative covenants with respect to, any and all transactions the Company may consummate in connection with the funding of the NRO Acquisition and its ongoing operations; (b) released its mortgage on certain property of the Company, which was established in favor of the O’Neill Trust securing the Company’s obligations under the Series E Certificate; and (c) agreed to (i) amend Section 6(d) of the Series E Certificate to increase the Beneficial Ownership Limitation Ceiling from 9.99% to 49.9%, (ii) increase the Beneficial Ownership Limitation from 9.99% to 49.9% and (iii) amend Section 2(e) of each of the O’Neill Trust’s Series D A Warrant and Series E A Warrant and Section 2(d) of the O’Neill Trust’s Series E B Warrant to increase the Beneficial Ownership Limitation Ceiling from 25% to 49.9%.                  
Common stock voting rights thresold percentage   49.90%                  
AR Debentures [Member]                      
Stock issued during period, shares, conversion of units           400,666