v3.25.3
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Cash flows from operating activities:    
Net loss $ (12,254,272) $ (7,378,464)
Net loss from discontinued operations
Net loss from continuing operations (12,254,272) (7,378,464)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:    
Depreciation 576,893 1,799
Amortization 62,510
Bad debt expense 3,025,000
Amortization of debt issuance costs 1,591,345 1,658,541
Amortization of right of use asset 15,384
Stock based compensation 177,011 1,990,170
Common stock for debt and warrant issuance 801,088
Impairment of intangible assets 965,812  
Common stock for services 197,871
Changes in operating assets and liabilities:    
Account receivable 50,307
Inventory (138,298)
Prepaid expenses 512,525
Notes receivable 2,500
Prepaid assets and other current assets 395,723
Intangible assets  
Due to affiliates 1,179,183 134,329
Accounts payable and accrued expenses 3,823,833 653,865
Operating lease liabilities (15,298)
Net cash used in operating activities (425,565) (1,545,078)
Cash flows from investing activities:    
Additions to intangible assets (6,668) (209,731)
Cash received in acquisition 309,557
Cash acquired from acquisition 1,082
Purchase of property and equipment (176,565) (1,002)
Project development costs 4,950 (30,900)
Cash received from JV (1,500)  
Net cash provided by (used in) investing activities 129,774 (240,551)
Cash flows from financing activities:    
Debt issuance costs (361,477) (1,509,852)
Payments on finance lease (62,032)
Cash paid from split (58)
Proceeds from notes payable 1,756,892 3,081,489
Issuance of common stock from EP 750,719
Principal payments on debt (2,276,653) (526,256)
Cash received from issuance of stock 602,835  
Cash received for warrant exercise 233,414  
Net cash (used in) provided by financing activities (107,079) 1,796,100
Net change in cash from continuing operations (402,870) 10,471
Net cash provided by (used in) discontinued operations:    
Cash provided by operating activities 237,507
Cash provided by investing activities 177,989
Cash used in financing activities (7,355)
Net cash provided by discontinued operations 408,141
Net change in cash 5,271 10,471
Cash – beginning of period 227,766 3,236
Cash – end of period 233,037 13,707
Supplemental disclosure of non-cash operating activities:    
Prepaid interest held back from proceeds from short-term notes payable 1,000,000
Conversion of notes payable 1,425,955
Intangible assets acquired in connection with asset acquisition 228,360
Assets and liabilities acquired in business combination:    
Intangible assets   100,468
Goodwill   1,810,787
Accounts payable and accrued expenses   32,237
Contingent consideration payable   945,000
Supplemental disclosure of non-cash investing and financing activities:    
Forgiveness of due from affiliate 391,524
Issuance of stock for debt issuance 413,239
Conversion of notes payable 2,278,158
Pre-funded warrants 83
Issuance of stock for prior debt issuance $ 44

Source

10-Q PDF
XBRL