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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Cash flows from operating activities:    
Net loss $ (29,172,828) $ (2,908,339)
Adjustments to reconcile net loss to cash used in operating activities:    
Change in fair value of derivative liability 21,242,198 (182,745)
Stock based compensation 305,000 0
Depreciation, depletion and amortization 411,129 460,701
Amortization of right-of-use assets 811,589 687,573
Accretion - asset retirement obligation 536 49,638
Amortization of debt discount 1,727,351 265,774
Loss on extinguishment of debt 811,132 163,304
Net loss on sale of membership interests and assets 755,506 0
Foreign currency translation adjustment (43,188) 110,107
Changes in operating assets and liabilities    
Accounts receivable 2,028,461 (417,457)
Inventory 1,329,554 328,442
Prepaids and other current assets (189,544) (244,655)
Accounts payable 3,065,394 (315,066)
Accrued expenses and other current liabilities (1,829,257) (173,064)
Due to related parties 166,806 6,912
Customer deposits (2,021,535) 24,874
Operating lease liabilities (811,566) (677,952)
Undistributed revenues and royalties 3,449 (113,233)
Net cash used in operating activities (1,409,813) (2,935,186)
Cash flows from investing activities:    
Proceeds from sale of oil and gas properties 205,000 0
Acquisition of fixed assets (46,016) (52,393)
Net cash provided by (used in) investing activities 158,984 (52,393)
Cash flows from financing activities:    
Repayment of long-term debt (1,359) (317,238)
Proceeds of long-term debt 0 1,621,329
Proceeds from (repayment of) non-interest-bearing advances from Parent 0 (1,720,000)
Advances from bank credit facility 1,015,166 950,616
Repayment of promissory notes, related parties (61,005) 332,087
Net cash provided by (used in) financing activities 952,802 866,794
Net decrease in cash (298,027) (2,120,785)
Cash, beginning of period 906,060 3,239,349
Cash, end of period 608,033 1,118,564
Cash paid for:    
Interest 259,693 338,412
Income taxes 0 0
Supplemental disclosure of Non-Cash Investing and Financing Activities:    
Issuance of shares on true-up of Series C Preferred Stock $ 9,154,297 0
Common stock to be issued related to prior conversions of Series C Preferred Stock 12,748,531  
Debt discount on modification of debt for conversion feature $ 0 2,144,068
Issuance of common stock on conversion of debt 3,645,821 370,588
Issuance of common stock on conversion of accrued interest on debt 285,030 0
Addition of right-of-use asset and lease liability $ 1,058,331 $ 0