v3.25.2
Condensed Consolidated Statements of Cash Flows - USD ($)
 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Cash flows from operating activities of continuing operations:    
Net loss $ (16,493,267) $ (23,137,504)
Adjustments to reconcile net loss to cash used in operating activities:    
Stock based compensation and services 6,407,886 11,812,684
Depreciation and amortization 146,520 65,024
Interest expense 322,330 443,956
Unwinding of non-current liabilities 66,658
Fair value adjustments (59,035) (311,717)
Other non cash expenses (11,318)
Gain/loss on FOREX transactions 350,481
Changes in operating assets and liabilities:    
Inventories and accounts receivable 115,468 (150,663)
Taxes recoverable (214,572) 39,824
Prepaid and other current assets 50,832 (35,241)
Accounts payable and accrued expenses 1,024,768 66,114
Other noncurrent assets and liabilities (13,744) (84,698)
Net cash provided (used) by operating activities (8,306,993) (11,292,221)
Cash flows from investing activities:    
Acquisition of capital assets (4,727,445) (13,970,339)
Capitalized Exploration costs (1,562,917) (2,443,616)
Increase in intangible assets (363,156)
Net cash used in investing activities (6,290,362) (16,777,111)
Cash flows from financing activities:    
Net proceeds from sale of common stock 11,917,596 30,000,000
Proceeds from sale of subsidiary common stock to noncontrolling interests 1,411,899 449,450
Cash used in payment of debt (322,330) (309,152)
Leases payments (84,033)
Net cash provided by financing activities 12,923,132 30,140,298
Effect of exchange rates on cash and cash equivalents 1,710 646,837
Net increase (decrease) in cash and cash equivalents (1,672,513) 2,717,803
Cash and cash equivalents at beginning of period 15,537,476 29,549,927
Cash and cash equivalents at end of period $ 13,864,963 $ 32,267,730