Restatement of Previously Issued Financial Statements (Tables)

3 Months Ended

Mar. 31, 2024

Restatement of Previously Issued Financial Statements

Changes to the balance sheet

	As Previously Reported			Adjustments			As Restated
ASSETS
Total current assets		15,568,099			-			15,568,099
Total oil and gas properties, net		-			-			-
Fixed assets, net		1,616,824			-			1,616,824
Right of use assets, net		3,972,292			-			3,972,292
ESG Clean Energy license, net		4,191,475			-			4,191,475
Other intangibles - Simson Maxwell, net		2,375,324			-			2,375,324
Other intangibles - Variable Interest Entities		15,433,340			-			15,433,340
Goodwill		52,970,485			(18,110,074	)		34,860,411	(1)(2)
Due from related parties		341,397			-			341,397
Deposits and other assets		-			-			-
TOTAL ASSETS		96,469,236			(18,110,074	)		78,359,162
LIABILITIES AND STOCKHOLDERS’ EQUITY
TOTAL LIABILITIES		76,313,104			-			76,313,104
STOCKHOLDERS’ EQUITY
Preferred stock Series A		28			-			28
Preferred stock Series C		1			-			1
Preferred stock Series G		5			-			5
Preferred stock Series H		3			-			3
Common stock		151,940			-			151,940
Common stock to be issued		16,253,757			-			16,253,757
Additional paid-in capital		175,381,616			(32,596,819	)		142,784,797	(1)
Accumulated other comprehensive loss		(246,675	)		-			(246,675	)
Accumulated deficit		(180,942,649	)		14,486,745			(166,455,904	)(2)
Parent’s stockholders’ equity in Camber		10,598,026			(18,110,074	)		(7,512,048	)
Non-controlling interest		9,558,106			-			9,558,106
TOTAL STOCKHOLDERS’ EQUITY		20,156,132			(18,110,074	)		2,046,058
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY		96,469,236			(18,110,074	)		78,359,162

Changes to the stockholders' equity

	Additional Paid In Capital								Accumulated Deficit
	As Previously Reported		Adjustments			As Restated			As Previously Reported			Adjustments		As Restated
Balances at December 31, 2023		169,460,183		(32,596,819	)		136,863,364	(1)		(154,837,638	)		14,486,745		(140,350,893	)(2)
Common shares issued on true-up of Series C preferred stock		5,921,433		-			5,921,433			-			-		-
Common shares to be issued on true-up of Series C preferred stock		-		-			-			-			-		-
Common shares issued for services		-		-			-			-			-		-
Foreign currency translation adjustment		-		-			-			-			-		-
Net loss		-		-			-			(26,105,011	)		-		(26,105,011	)
Balances at March 31, 2024		175,381,616		(32,596,819	)		142,784,797			(180,942,649	)		14,486,745		(166,455,904	)