v3.26.1
CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
 12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
OPERATING ACTIVITIES:    
Consolidated net loss $ (110,236,938) $ (26,350,925)
Adjustments to reconcile net loss to net cash used in operating activities:    
Amortization and depreciation 17,971,693 11,360,425
Impairment loss 40,569,772 8,632,773
Stock-based compensation 1,510,005 2,551,959
Stock-based compensation - consultant 1,908,001 19,998
Unrealized gain (loss) on marketable securities 413,188 (165,275)
Gain (loss) on disposition of assets 1,219,913
Loss on conversion of debt 17,403,367
Gain on forgiveness of debt (1,967,532)
Gain on deconsolidation of subsidiary (177,550)
Noncash interest charges 17,413,920 4,816,692
Deferred tax liability 117,004 66,058
Adjustments from operating leases (243,804) 39,440
Interest on notes receivable (36,846) (25,546)
Changes in operating assets and liabilities, net of impact from divestiture:    
Accounts receivable (22,841,340) (5,116,717)
Prepaid expenses 351,852 970,237
Inventories 101,557 (114,352)
Other assets 24,951 (2,184,691)
Accounts payable and accrued expenses 13,437,834 7,488,301
Operating lease liabilities 7,103,109 0
Net cash provided by (used in) operating activities (15,780,294) 1,810,827
INVESTING ACTIVITIES:    
Return of cash for divestiture (746,059)
Acquisition of assets 4,842,070
Proceeds from sale of property and equipment 2,443,500
Purchase of equipment (25,515) (4,539,882)
Net cash provided by (used in) investing activities 1,671,926 302,188
FINANCING ACTIVITIES:    
Payment on financing lease liabilities (2,634,039) (2,003,823)
Proceeds from loans and notes payable 17,982,214 5,845,551
Proceeds from loans and notes payable - related party 3,136,290 1,664,150
Payment of notes payable (12,873,855) (3,339,543)
Payment of notes payable - related party (2,740,323) (2,771,665)
Proceeds from sale of common stock 9,656,985 1,425,000
Net cash provided by (used in) financing activities 12,527,272 819,670
Net increase (decrease) in cash and cash equivalents (1,581,096) 2,932,685
CASH AND CASH EQUIVALENTS, and CASH RESTRICTED, BEGINNING OF PERIOD 3,676,992 744,307
CASH AND CASH EQUIVALENTS, and CASH RESTRICTED, END OF PERIOD 2,095,896 3,676,992
Cash paid during the year for:    
Interest 1,074,700 1,000,729
Noncash transactions:    
Return of preferred stock as consideration for divestiture, net 1,487,708
Common stock and Series A preferred stock issued for acquisition 116,320,468
Accounts payable on purchase of equipment 2,751,661
Notes payable settled against working capital items for netting arrangement 19,232,134
Security deposits and reserves applied to finance lease liabilities 2,972,168
Series A preferred shareholder stock dividends 5,086,250 853,200
Common stock issued with debt $ 1,449,224 $ 944,290
Common stock issued for a reduction in liabilities 719,642 859,290
Common stock issued for legal settlement 1,987,061
Common stock issued for services $ 735,650
Common stock issued on conversion of debt $ 16,563,649 $ 2,227,493