v3.25.4
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Income Statement [Abstract]        
Revenues $ 10,996,282 $ 7,881,895 $ 18,329,992 $ 16,386,672
Cost of Revenues 8,883,117 5,598,040 12,730,164 10,838,556
Gross Profit 2,113,165 2,283,855 5,599,828 5,548,116
Operating Expenses:        
Advertising 53,399 2,374
Payroll and related expenses 2,557,530 1,705,823 4,532,015 3,443,851
Rent, utilities and property maintenance ($48,056 and $584,505; $123,319 and $777,225 to related party, respectively) 247,231 844,260 463,920 1,288,132
Hauling and equipment maintenance 827,027 1,774,273 2,100,884 2,375,835
Depreciation and amortization expense 2,154,969 1,652,232 4,274,212 3,291,047
Stock based compensation for services 2,716,008 100,000 3,004,909
Consulting, accounting and legal 176,529 1,621,874 600,092 2,234,145
Loss on disposal of fixed asset 88,723 49,188
Stock compensation 20,833 41,666
Other general and administrative expenses 712,551 909,724 1,959,020 1,639,054
Total Operating Expenses 6,764,560 11,245,027 14,132,730 17,321,013
Loss From Operations (4,651,395) (8,961,172) (8,532,902) (11,772,897)
Other Income (Expense):        
Interest expense and amortization of debt discount (1,336,449) (2,497,911) (2,147,302) (4,692,140)
Other income 349 26,970 1,351
Other income - related party 56,100 56,100
Equity issued for warrant inducement (3,029,927)
Loss on extinguishment of debt (16,351,827) (16,351,827)
Change in fair value of derivative liabilities 48,314,949 48,314,949
Loss on conversion of convertible notes (14,237,678) (14,213,480)
Gain on settlement of non-convertible notes payable and advances 1,013,796 1,056,962 1,013,796 1,056,962
Shares issued for financing (52,182)
Total Other Income (Expense) (266,204) 16,284,495 (1,050,436) 11,033,706
Net Income (Loss) Before Income Taxes (4,917,599) 7,323,323 (9,583,338) (739,191)
Provision for Income Taxes (Benefit)
Net Income (Loss) (4,917,599) 7,323,323 (9,583,338) (739,191)
Deemed dividend for the reduction of exercise price of warrants (51,130,572) (2,999,964) (52,574,896)
Deemed dividend for the reduction of the conversion price of a debt note (23,953,940)
Net Loss Available to Common Stockholders $ (4,917,599) $ (43,807,249) $ (12,583,302) $ (77,268,027)
Net Loss Per Common Share:        
Basic $ (8.98) $ (921.46) $ (25.01) $ (3,186.58)
Diluted $ (8.98) $ (921.46) $ (25.01) $ (3,186.58)
Weighted Average Common Shares Outstanding:        
Basic 547,695 47,541 503,110 24,248
Diluted 547,695 47,541 503,110 24,248