v3.26.1
Consolidated Statements of Cash Flows - USD ($)
 12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Operating activities    
Net loss $ (2,195,082) $ (24,710,741)
Adjustments to reconcile net loss to net cash used in operating activities:    
Amortization of intangible lease asset 227,488 227,488
Amortization of debt costs 31,391 31,391
Stock-based compensation 334,161 693,575
Impairment expense/Allowance for receivable 1,159,204 19,954,260
Forgiveness of accounts payable (350,704)
Depreciation 63,551 819,893
Realized gain on marketable securities (377,578)
Unrealized gain on marketable securities 19,172
Loss (gain) on sale of properties 7,628 (247,136)
Gain on extinguishment of debt (1,092,670)
Interest expense added to debt principal 1,070,583
Changes in operating assets and liabilities    
Deferred rent receivable 9,813 100,888
Prepaid expenses and deposits 510,908 (454,729)
Other liabilities (302,619) 298,779
Accounts payable 39,188 (181,667)
Tenant security deposits (992,216)
Accrued expenses 426,546 3,450,210
Prepaid rent (33,000)
Net cash used in operating activities (68,316) (1,393,709)
Investing activities    
Cash received for sale of properties 132,274 1,270,973
Sale of marketable securities 645,808
Purchase of marketable securities (364,186) (9,752)
Unrealized gain on marketable securities (79)
Cash received for mortgage loan receivables 128,965 498,000
Net cash provided by investing activities 542,861 1,759,142
Financing activities    
Proceeds received from debt 459,919 257,054
Principal payment on debt (963,934) (2,495,785)
Cash paid for offering related expenses (244,640)
Proceeds from stock issuance 277,830
Net cash used in financing activities (470,825) (2,238,731)
Net increase (decrease) in cash and cash equivalents and restricted cash 3,720 (1,873,298)
Cash, Cash Equivalent, Restricted Cash, and Restricted Cash Equivalent, Continuing Operation, Beginning Balance 2,231,586 4,104,884
Cash, Cash Equivalent, Restricted Cash, and Restricted Cash Equivalent, Continuing Operation, Ending Balance 2,235,306 2,231,586
Supplemental disclosure of cash flow information:    
Interest paid 947,542 1,112,303
Non-cash transactions    
Land and greenhouse properties transferred in lieu of debt repayment 17,107,500
Mortgage loan receivables entered into in connection with sale of properties 105,000 1,250,000
Accrued interest and loan expenses transferred to loan 3,383,979
Equipment written off against financing liabilities 53,756
Offering related expenses included in accounts payable $ 32,364