XML 21 R4.htm IDEA: XBRL DOCUMENT v3.25.1
Consolidated Statements of Operations - USD ($)
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Defined Benefit Plan Disclosure [Line Items]    
Revenues $ 33,315,859 $ 35,667,982
Cost of Revenues 20,326,381 21,184,579
Gross Profit 12,989,478 14,483,403
Operating Expenses:    
Advertising 53,147 414,194
Payroll and related expense 8,181,701 6,634,800
Rent, utilities and property maintenance 2,680,454 3,102,484
Hauling and equipment maintenance 5,296,630 2,898,202
Depreciation and amortization expense 7,337,893 5,814,880
Impairment of tangible assets 439,086 0
Consulting, accounting and legal 3,179,812 1,713,613
Warrants issued for services 3,004,909 171,239
Stock compensation 823,500 0
Other general and administrative expenses 3,915,729 3,200,445
Total Operating Expenses 47,251,411 33,998,165
Loss From Operations (34,261,933) (19,514,762)
Other Income (Expense):    
Interest expense and amortization of debt discount (5,364,703) (8,897,267)
Shares issued for financing (52,182) 0
Other gain (loss) (15,212) 17,572
Gain on tax credit 0 717,064
Gain on lease termination 0 108,863
Change in fair value of derivative liabilities 48,314,949 0
Loss on extinguishment of debt (16,351,827) 0
Equity issued for warrant inducement (3,029,927) 0
Loss on conversion of convertible notes (14,213,480) 0
Gain on settlement of non-convertible notes payable, accrued interest, and advances 1,056,962 632,540
Total Other Income (Expense) 10,344,580 (7,421,228)
Net Loss Before Income Taxes (23,917,353) (26,935,990)
Provision for Income Taxes (Benefit) 0 0
Net Loss (23,917,353) (26,935,990)
Deemed dividend for the reduction of exercise price of warrants (52,574,896) (1,638,952)
Deemed dividend for the reduction of the conversion price of a debt note (23,953,940) (5,022,200)
Net Loss Available to Common Stockholders $ (100,446,189) $ (33,597,142)
Net Loss Per Common Share:    
Basic $ (8.47) $ (385.81)
Diluted $ (8.47) $ (385.81)
Weighted Average Common Shares Outstanding:    
Basic 11,853,520 87,082
Diluted 11,853,520 87,082
Nonrelated Party [Member]    
Operating Expenses:    
Loss on asset $ 0 $ 197,458
Related Party [Member]    
Operating Expenses:    
Loss on asset $ 12,338,550 $ 9,850,850