v3.25.2
CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Cash Flows from Operating Activities:    
Net loss $ (3,768,122) $ (4,106,328)
Adjustments to reconcile net loss to net cash used by operating activities:    
Stock issued for services 469,000 285,772
Debt discount amortization 381,203 2,108,012
Loss on issuance of debt 357,140
Change in fair value of derivative (446,598) (711,490)
Loss on conversion of debt 96,962
Gain on extinguishment of debt 280,875 (216,430)
Gain on settlement liability (145,967)
Penalty expense on convertible debt 55,000
Operating lease expense 4,489
Depreciation expense 98,273 95,447
Changes in operating assets and liabilities:    
Prepaids and other assets (2,154,868) (83,992)
Accounts receivable 3,541 62,815
Accounts payable 869,505 350,430
Accruals 659,305 159,501
Related-party payables - short-term 132,669 204,398
Accrued interest – relate d party 7,770
Accrued compensation 8,506 110,517
Net cash used by operating activities 3,960,207 (1,384,208)
Cash Flows from Investing Activities:    
Trading securities (613)
Purchase of property and equipment (2,638,448) (147,634)
Net cash used by investing activities (2,639,061) (147,634)
Cash Flows from Financing Activities:    
Cash overdraft 105,425 31,880
Proceeds from convertible notes payable 517,000 1,358,500
Payments - convertible notes payable (314,285)
Proceeds from the sale of common stock 100,000
Proceeds from sale of Clean Seas West Virginia stock 150,002
Proceeds from notes payable - related party 350,000
Repayments, notes payable - related party (35,000)
Proceeds from notes payable 789,844 82,674
Proceeds from commercial loan 6,823,900
Net cash provided by financing activities 8,701,171 1,258,769
Net change in cash 2,101,903 (273,073)
Effects of currency translation 110,175 (2,394)
Cash at beginning of period 1,302,432 339,921
Cash at end of period 3,514,510 64,454
Supplemental schedule of cash flow information:    
Interest paid 320,803
Income taxes
Supplemental non-cash disclosure:    
Common stock issued for conversion of debt 478,648 118,806
Warrants issued with notes payable 575,690
Cancellation of Series B preferred stock 1,800,000
Common stock issued for debt commitments 286,537 418,160
Preferred stock issued for debt commitments $ 32,074