v3.25.1
Note 11 - Fair Value Measurements (Tables)
3 Months Ended
Mar. 31, 2025
Notes Tables  
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block]
      

Fair Value Measurements at

 
      

March 31, 2025

 
      

Quoted

  

Significant

     
      

Prices

  

Other

  

Significant

 
      

in Active

  

Observable

  

Unobservable

 
      

Markets

  

Inputs

  

Inputs

 
  

Total

  

(Level 1)

  

(Level 2)

  

(Level 3)

 

Assets:

                

Haywood derivative

 $14,942  $  $14,942  $ 

AST derivative

  392,000      392,000    

Total assets measured at fair value

 $406,942  $  $406,942  $ 
                 

Liabilities:

                

2025 Kips Bay convertible debt derivative

 $920,000  $  $  $920,000 

LINICO acquisition-related payable derivative

  309,000      309,000    

Marathon SAFE Note

  12,000,000         12,000,000 

Total liabilities measured at fair value

 $13,229,000  $  $309,000  $12,920,000 
      

Fair Value Measurements at

 
      

December 31, 2024

 
      

Quoted

  

Significant

     
      

Prices

  

Other

  

Significant

 
      

in Active

  

Observable

  

Unobservable

 
      

Markets

  

Inputs

  

Inputs

 
  

Total

  

(Level 1)

  

(Level 2)

  

(Level 3)

 

Assets:

                

Haywood derivative

 $1,529,850  $  $1,529,850  $ 

Total assets measured at fair value

 $1,529,850  $  $1,529,850  $ 
                 
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Table Text Block]
  

For the Three-Months Ended March 31, 2025

 
  

As of December 31, 2024

  

(Additions) Deductions

  

Change in Fair Value

  

Payments for Decrease in Contractual Stock Consideration

  

As of March 31, 2025

 

2025 Kips Bay convertible debt derivative

 $  $(1,421,645) $501,645  $  $(920,000)

LINICO acquisition-related payable derivative

     (340,000)  31,000      (309,000)

AST derivative

     480,540   (88,540)     392,000 

Haywood derivative

  1,529,850      (1,634,908)  120,000   14,942 

Total derivative assets (liabilities) at fair value

 $1,529,850  $(1,281,105) $(1,190,803) $120,000  $(822,058)
  

For the Three-Months Ended March 31, 2024

 
  

As of December 31, 2023

  

(Additions) Deductions

  

Change in Fair Value

  

Payments for Decrease in Contractual Stock Consideration

  

As of March 31, 2024

 

2023 Kips Bay convertible debt derivative

 $(1,360,000) $(596,601) $516,601  $  $(1,440,000)

LINICO acquisition-related payable derivative

  (2,383,162)     (510,163)     (2,893,325)

Haywood derivative

  (875,000)     (285,000)     (1,160,000)

GenMat derivative

  (781,966)     (477,556)  1,500,000   240,478 

Total derivative liabilities at fair value

 $(5,400,128) $(596,601) $(756,118) $1,500,000  $(5,252,847)