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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
9 Months Ended 12 Months Ended
Dec. 31, 2020
Dec. 31, 2021
Cash flows from operating activities:    
Net loss $ (52,011,388) $ (169,675,169)
Adjustments to reconcile net loss to cash provided (used) by operating activities    
Stock-based compensation 36,502 1,536,895
Depreciation, depletion, amortization and accretion 6,615 12,300
Change in fair value of derivative liability 41,878,823 152,831,569
Bad debt expense 2,339,719 0
(Equity) deficit in earnings of unconsolidated entity 5,401,540 9,430,946
Changes in operating assets and liabilities    
Accounts receivable 248,286 (17,312)
Prepaid expenses and other assets 341,524 (22,622)
Accounts payable and accrued expenses (929,688) 2,489,227
Net cash (used ) in operating activities (2,688,067) (3,414,166)
Cash flows from investing activities:    
Loan to Viking prior to investment (4,200,000) (4,100,000)
Cash paid for Viking investment (10,900,000) (11,000,000)
Net cash provided (used) in investing activities (15,100,000) (15,100,000)
Cash flows from financing activities:    
Proceeds from issuance of Series C Preferred Stock 0 15,000,000
Proceeds from issuance of Series G Preferred Stock 0 5,000,000
Proceeds from long-term debt 18,000,000 3,500,000
Net cash provided by financing activities 18,000,000 23,500,000
Net increase in cash 211,933 4,985,834
Cash, beginning of period 656,615 868,548
Cash, end of period 868,548 5,854,382
Supplemental Cash Flow Information    
Interest 0 6,002
Taxes $ 0 $ 0