The latest financial statement is for the year ending 2025-12-31.
| Cash Flow | 2025-12-31 |
|---|---|
| Net loss | -29,460,935 |
| Depreciation, depletion and amortization | 209,065 |
| Equity compensation | 1,522,563 |
| Amortization of operating lease rou | 10,951 |
| Amortization of debt discount | 113,760 |
| Loss on extinguishment of debt | -880,379 |
| Success fee paid on share exchange by controlling shareholder | 12,390,253 |
| Shares issued as commitment fee for equity line of credit | 3,342,000 |
| Impairment of technology licenses | 1,115,000 |
| Impairment of oil and gas properties | 431,900 |
| Write off of application costs on abandoned patent applications | 112,128 |
| Change in fair value of warrant liability | -45,965 |
| Increase in accounts receivable | 24,019 |
| Decrease (increase) in government grant receivable | -205,424 |
| Increase in prepaid expenses | 12,048 |
| Decrease (increase) in other current assets | -95,924 |
| Increase in other assets | 9,119 |
| Increase (decrease) in accounts payable and accrued expenses | 421,359 |
| Increase in accrued interest payable | 433,561 |
| Increase (decrease) in other payables | 215,761 |
| Net cash used in operating activities | -8,052,058 |
| Payment related to patent application costs | 381,005 |
| Purchase of fixed assets | 8,660,829 |
| Payments for technology license | 1,005,025 |
| Cash acquired in share exchange | 6,951,006 |
| Net cash used in investing activities | -3,095,853 |
| Capital contributions | 941,375 |
| Proceeds from issuance of husa convertible note | 5,000,000 |
| Repayment of husa convertible note including prepayment penalties | 5,994,139 |
| Proceeds from equity line of credit draw downs | 3,925,972 |
| Net proceeds on share issuances | 7,368,902 |
| Advances under notes payable related party | 4,385,000 |
| Repayments on notes payable related party | 450,000 |
| Net cash provided by financing activities | 15,177,110 |
| Effect of exchange rate changes | 63,613 |
| Net change in cash and cash equivalents | 4,092,812 |
| Cash, beginning of period | 525,809 |
| Cash, end of period | 4,618,621 |