v3.25.1
Consolidated Statements of Stockholders' Equity - USD ($)
Total
Exercise of warrants [Member]
European Institute of Regional Investments Inc [Member]
Agricultural Paneuropean Investments Inc [Member]
Capital stock [Member]
Capital stock [Member]
Exercise of warrants [Member]
Preferred stock [Member]
Additional Paid-in Capital [Member]
Additional Paid-in Capital [Member]
Exercise of warrants [Member]
Retained Earnings [Member]
Former Parent Company Investment [Member]
Beginning balance, shares at Dec. 31, 2021     500 0              
Beginning balance, value at Dec. 31, 2021               $ 5,142,334   $ 3,608,700  
Issuance of common stock (including the exercise of warrants) net of issuance costs, shares       500              
Net income (loss) $ 17,459,352                 17,459,352  
Shareholders' contributions 16,686,500             16,686,500      
Ending balance, shares at Oct. 18, 2022     500 500              
Ending balance, value at Oct. 18, 2022 42,896,886             21,828,834   21,068,052  
Beginning balance, shares at Jul. 24, 2022         0   0        
Beginning balance, value at Jul. 24, 2022 0       $ 0   $ 0 0   0 $ 0
Issuance of common stock (including the exercise of warrants) net of issuance costs, shares         500            
Net income (loss) 551,586                   551,586
Net increase in former Parent Company investment 38,342,619                   38,342,619
Ending balance, shares at Dec. 31, 2022         500   0        
Ending balance, value at Dec. 31, 2022 38,894,205       $ 0   $ 0 0   0 38,894,205
Issuance of common stock (including the exercise of warrants) net of issuance costs, shares           3,177          
Issuance of common stock (including the exercise of warrants) net of issuance costs, value   $ 4,419,178       $ 32     $ 4,419,146    
Net income (loss) 9,291,912                    
Net increase in former Parent Company investment 3,305,083                   3,305,083
Net income for the period from January 1, 2023 to Spin-Off 390,691                   390,691
Cancellation of capital stock, shares         (500)            
Capitalization at Spin-Off issuance of capital stock, Shares         2,122            
Capitalization at Spin-Off issuance of capital stock, Value         $ 21     29,953,958     (29,953,979)
Capitalization at Spin-Off issuance of preferred stock, Shares             600,000        
Capitalization at Spin-Off issuance of preferred stock, Value             $ 6,000 12,630,000     (12,636,000)
Net income for the period from the spin-off to December 31, 2023 8,901,221                 8,901,221  
Dividends declared on Series A preferred shares (404,167)             (20,833)   (383,334)  
Down round deemed dividend on Series A preferred shares 171,968             171,968   (171,968)  
Issuance of restricted shares and stock based compensation, shares         530            
Issuance of restricted shares and stock based compensation, value 37,638       $ 5     37,633      
Ending balance, shares at Dec. 31, 2023         5,829   600,000        
Ending balance, value at Dec. 31, 2023 55,543,849       $ 58   $ 6,000 47,191,872   8,345,919 0
Issuance of common stock (including the exercise of warrants) net of issuance costs, shares         98,627            
Issuance of common stock (including the exercise of warrants) net of issuance costs, value 4,315,946       $ 986     4,314,960      
Net income (loss) (2,748,367)                 (2,748,367)  
Dividends declared on Series A preferred shares (762,500)                 (762,500)  
Exercise of warrants, shares           579,377          
Exercise of warrants   $ 14,674,472       $ 5,794     $ 14,668,678    
Down round deemed dividend on Series A preferred shares 4,578,000             4,578,000   (4,578,000)  
Issuance of restricted shares and stock based compensation, shares         22,667            
Issuance of restricted shares and stock based compensation, value 337,855       $ 227     337,628      
Ending balance, shares at Dec. 31, 2024         706,500   600,000        
Ending balance, value at Dec. 31, 2024 $ 71,361,255       $ 7,065   $ 6,000 $ 71,091,138   $ 257,052 $ 0