Balance Sheet

v3.25.1

Consolidated Balance Sheets - USD ($)	Dec. 31, 2024	Dec. 31, 2023
Current assets:
Cash	$ 296,202	$ 3,236
Prepaid assets and other current assets	547,296	231,989
Notes receivable	960,672
Current Assets	1,804,170	235,225
Assets held for sale	4,400,361	4,400,361
Property and equipment, net	546,756	3,569
Project development costs and other non-current assets	96,239	65,339
Equity-based investments	3,642,607	3,642,607
Intangible assets, net	1,038,312	22,210
Total Assets	12,753,792	9,559,966
Current liabilities:
Accounts payable and accrued expenses	1,301,276	601,292
Short-term notes payable, net	8,699,721	6,810,897
Total current liabilities	10,400,657	7,672,189
Long-term notes payable, net	1,499,957
Total liabilities	11,900,614	7,672,189
Commitments and contingencies
Stockholders’ equity:
Preferred stock, $0.001 par value, 5,000,000 shares authorized, 0 issued and outstanding
Common stock, $0.001 par value, 100,000,000 shares authorized, 1,486,872 issued and outstanding as of December 31, 2024 and 510,000 shares authorized, issued and outstanding as of December 31, 2023	1,487	510
Additional paid-in capital	16,659,151	9,017,814
Accumulated deficit	(16,039,022)	(7,130,547)
Non-controlling interest	231,562
Total stockholders’ equity	853,178	1,887,777
Total Liabilities and Stockholders’ Equity	12,753,792	9,559,966
Affiliates
Current liabilities:
Due to affiliates	399,660	260,000
Land
Current assets:
Land	$ 1,225,347	$ 1,190,655

- 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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