v3.25.2
Condensed Consolidated Balance Sheets - USD ($)
Jun. 30, 2025
Dec. 31, 2024
Current assets:    
Cash $ 403,086 $ 227,766
Prepaid assets and other current assets 203,684 502,883
Inventory 980,082
Accounts receivable, net 1,096,639
Notes receivable, net 958,172 960,672
Current assets of discontinued operations 112,849
Current Assets 3,641,663 1,804,170
Assets held for sale 4,400,361 4,400,361
Land 1,058,680 807,847
Property and equipment, net 5,447,754 6,045
Project development costs and other non-current assets 96,239 96,239
Equity-based investments 617,607 3,642,607
Intangible assets, net 17,768 1,038,312
Right of use assets 317,780
Goodwill 23,353,585
Long-term assets of discontinued operations 118,398 958,211
Total Assets 39,069,835 12,753,792
Current liabilities:    
Accounts payable and accrued expenses 5,362,688 1,293,921
Due to affiliates 2,616,072 399,660
Short-term notes payable, net 16,679,545 8,361,655
Operating lease liabilities, current 57,088
Finance lease liabilities, current 188,581
Current liabilities of discontinued operations 345,421
Total current liabilities 30,376,240 10,400,657
Long-term notes payable, net 2,958,391 1,499,957
Operating lease liabilities 280,992
Finance lease liabilities 1,075,605
Total liabilities 34,691,228 11,900,614
Stockholder’s equity:    
Preferred stock, $0.001 par value, 5,000,000 shares authorized,1,500,000 issued and outstanding as of June 30, 2025, 0 issued and outstanding as of December 31, 2024 1,500
Common stock, $0.001 par value, 100,000,000 shares authorized, 3,132,103 issued and 3,019,340 outstanding as of June 30, 2025 and 1,486,872 shares authorized, issued and outstanding as of December 31, 2024 3,132 1,487
Additional paid-in capital 28,152,052 16,659,151
Treasury stock, at cost – 163,662 and 276,425 shares at June 30, 2025 and December 31, 2024, respectively
Accumulated deficit (23,942,972) (16,039,022)
Non-controlling interest 164,895 231,562
Total stockholder’s equity 4,378,607 853,178
Total Liabilities and Stockholder’s Equity 39,069,835 $ 12,753,792
Related Party    
Current liabilities:    
Notes payable – related party, current $ 5,472,266  

Source

10-Q PDF
XBRL