v3.25.4
SEGMENT REPORTING (Tables)
6 Months Ended
Jun. 30, 2025
Segment Reporting [Abstract]  
SCHEDULE OF SEGMENT REPORTING

The following tables provide our results by segment:

 

                 
   Six Months Ended June 30, 2025 
    Scrap Metal                
    Recycling    Hauling    Other    Total 
Revenues  $11,507,645   $6,777,347   $45,000   $18,329,992 
Cost of revenues   (9,508,357)   (3,221,807)   -    (12,730,164)
Gross Profit:  $1,999,288   $3,555,540   $45,000   $5,599,828 
                     
Operating Expenses                 $(14,132,730)
Other Expenses                  (1,050,436)
Deemed Dividends                  (2,999,964)
Net loss available to common shareholders                 $(12,583,302)

 

             
   Six Months Ended June 30, 2024 
   Scrap Metal             
   Recycling   Hauling   Other   Total 
Revenues  $11,608,284   $4,703,276   $75,112   $16,386,672 
Cost of revenues   (8,172,883)   (2,665,673)   -    (10,838,556)
Gross Profit:  $3,435,401   $2,037,603   $75,112   $5,548,116 
                     
Operating Expenses                 $(17,321,013)
Other Expenses                  11,033,706 
Deemed Dividends                  (76,528,836)
Net loss available to common shareholders                 $(77,268,027)

 

             
   Three Months Ended June 30, 2025 
   Scrap Metal             
   Recycling   Hauling   Other   Total 
Revenues  $7,110,100   $3,865,182   $21,000   $10,996,282 
Cost of revenues   (7,381,585)   (1,501,532)   -    (8,883,117)
Gross Profit:  $(271,485)  $2,363,650   $21,000   $2,113,165 
                     
Operating Expenses                 $(6,764,560)
Other Expenses                  (266,204)
Deemed Dividends                  - 
Net loss available to common shareholders                 $(4,917,599)

 

             
   Three Months Ended June 30, 2024 
   Scrap Metal             
   Recycling   Hauling   Other   Total 
Revenues  $5,387,899   $2,449,384   $44,612   $7,881,895 
Cost of revenues   (4,091,870)   (1,506,170)   -    (5,598,040)
Gross Profit:  $1,296,029   $943,214   $44,612   $2,283,855 
                     
Operating Expenses                 $(11,245,027)
Other Expenses                  16,284,495 
Deemed Dividends                  (51,130,572)
Net loss available to common shareholders                 $(43,807,249)