Balance Sheet

v3.25.1

Condensed Consolidated Balance Sheets - USD ($)	Mar. 31, 2025	Dec. 31, 2024
Current assets:
Cash	$ 17,540	$ 296,202
Prepaid assets and other current assets	248,811	547,296
Notes receivable	5,460,672	960,672
Current Assets	5,727,023	1,804,170
Assets held for sale	4,400,361	4,400,361
Property and equipment, net	5,680	546,756
Project development costs and other non-current assets	96,239	96,239
Equity-based investments	795,596	3,642,607
Intangible assets, net	1,022,197	1,038,312
Total Assets	13,105,776	12,753,792
Current liabilities:
Accounts payable and accrued expenses	1,824,031	1,301,276
Due to affiliates		399,660
Short-term notes payable, net	8,690,048	8,699,721
Deferred gain on sale	1,475,000
Total current liabilities	11,989,079	10,400,657
Long-term notes payable, net	815,569	1,499,957
Total liabilities	12,804,648	11,900,614
Stockholder’s equity:
Preferred stock, $0.001 par value, 5,000,000 shares authorized, 0 issued and outstanding
Common stock, $0.001 par value, 50,000,000 shares authorized, 2,255,459 issued and 1,979,034 outstanding as of March 31, 2025 and 1,486,872 shares authorized, issued and outstanding as of December 31, 2024	2,255	1,487
Additional paid-in capital	18,352,993	16,659,151
Treasury stock, at cost – 276,425 shares at March 31, 2025
Accumulated deficit	(18,219,015)	(16,039,022)
Non-controlling interest	164,895	231,562
Total stockholder’s equity	301,128	853,178
Total Liabilities and Stockholder’s Equity	13,105,776	12,753,792
Land
Current assets:
Land	$ 1,058,680	$ 1,225,347

- Definition

Sum of the carrying values as of the balance sheet date of obligations incurred through that date and due within one year (or the operating cycle, if longer), including liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received, taxes, interest, rent and utilities, accrued salaries and bonuses, payroll taxes and fringe benefits.

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