Investor Relations
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($) | 3 Months Ended | |
|---|---|---|
Mar. 31, 2026 | Mar. 31, 2025 | |
| Condensed Consolidated Statements of Cash Flows (Unaudited) | ||
| Cash flows from operating activities: | ||
| [Net Income (Loss), Including Portion Attributable to Noncontrolling Interest] | $ (1,717,372) | $ (3,191,653) |
| Adjustments to reconcile net loss to cash provided by (used) in operating activities: | ||
| Change in fair value of investment in unconsolidated entity | $ 107,234 | |
| Change in fair value of derivatives | $ (266,891) | |
| Depreciation, depletion & amortization | $ 136,847 | |
| Amortization of right-of-use assets | $ 410,832 | |
| [Amortization of Debt Issuance Costs and Discounts] | $ 793,381 | $ 793,381 |
| [Foreign currency translation adjustment] | $ (84,272) | |
| Changes in operating assets and liabilities: | ||
| [Increase (Decrease) in Accounts Receivable] | $ (847,502) | |
| [Increase (Decrease) in Inventories] | $ (37,980) | $ (1,316,401) |
| [Increase (Decrease) in Insurance Settlements Receivable] | $ 10,286,000 | |
| [Increase (Decrease) in Prepaid Expense and Other Assets] | $ 224,709 | $ 218,355 |
| [Increase (Decrease) in Accrued Liabilities and Other Operating Liabilities] | $ 485,221 | $ (260,171) |
| [Increase (Decrease) in Accrued Interest Receivable, Net] | $ (404,757) | $ (414,052) |
| [Accrued litigation settlement] | $ (10,286,000) | |
| [Due to related parties] | $ 200,464 | |
| Customer deposits | $ (167,027) | |
| Operating lease liabilities | $ (391,476) | |
| [Cash Provided by (Used in) Operating Activity, Including Discontinued Operation] | $ (327,976) | $ 241,960 |
| Cash flows from investing activities: | ||
| [Payments to Acquire Property, Plant, and Equipment] | $ 16,136 | |
| Payment received on note receivable from related party | $ 342,974 | |
| [Cash Provided by (Used in) Investing Activity, Including Discontinued Operation] | $ 342,974 | $ (16,136) |
| Cash flows from financing activities: | ||
| [Repayments of Long-Term Debt] | $ 729 | $ 702 |
| Advances from (repayment of) bank credit facility | $ (154,676) | |
| Repayment of promissory notes, related parties | $ (16,170) | |
| [Cash Provided by (Used in) Financing Activity, Including Discontinued Operation] | $ (729) | $ (171,548) |
| [Cash, Cash Equivalent, Restricted Cash, and Restricted Cash Equivalent, Period Increase (Decrease), Excluding Exchange Rate Effect, Including Discontinued Operation] | $ 14,269 | $ 54,276 |
| Cash and cash equivalents | ||
| Cash and cash equivalents | ||
| Supplemental Cash Flow Information: | ||
| Cash paid for: | ||
| Interest | $ 4,669 | $ 79,306 |
| Income taxes | ||
| Supplemental Disclosure of Non-Cash Investing and Financing Activities: | ||
| Issuance of shares on true-up of Series C Preferred Stock | $ 1,063,265 | |
| Acquisition of right of use assets through operating lease | $ 289,896 | |