v3.26.1
SEGMENT INFORMATION (Tables)
12 Months Ended
Dec. 31, 2025
SEGMENT INFORMATION  
Schedule of information about reported segments

2025

 

 

 

 

 

 

 

 

Corporate

 

 

EMC

 

 

Consolidated

 

Revenue

 

 

-

 

 

 

-

 

 

 

-

 

Operating (loss)

 

 

(10,622,774 )

 

 

(685,761 )

 

 

(11,308,535 )

 

2024

 

 

 

 

 

 

 

 

Corporate

 

 

EMC

 

 

Consolidated

 

Revenue

 

 

-

 

 

 

34,070

 

 

 

34,070

 

Operating (loss)

 

 

(13,136,778)

 

 

(1,082,240)

 

 

(14,219,018)
Schedule of reconciliation of total segment revenues

2025

 

Corporate

 

 

EMC

 

 

Consolidated

 

Revenue

 

 

 

 

 

 

 

 

 

Metal recovery and sales

 

$-

 

 

$-

 

 

$-

 

Total revenue

 

 

-

 

 

 

-

 

 

 

-

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Operating expenses (income)

 

 

 

 

 

 

 

 

 

 

 

 

Cost of sales and processing

 

 

-

 

 

 

306,639

 

 

 

306,639

 

Depreciation

 

 

122,916

 

 

 

-

 

 

 

122,916

 

General and administrative

 

 

9,194,914

 

 

 

362,976

 

 

 

9,557,890

 

Professional fees

 

 

462,303

 

 

 

16,146

 

 

 

478,449

 

Litigation expense

 

 

720,283

 

 

 

-

 

 

 

720,283

 

Production taxes and royalties

 

 

14,851

 

 

 

-

 

 

 

14,851

 

Development

 

 

107,507

 

 

 

-

 

 

 

107,507

 

Segment operating loss

 

$(10,622,774)

 

$(685,761)

 

$(11,308,535)

 

 

 

 

 

 

 

 

 

 

 

 

 

Reconciling items to net loss:

 

 

 

 

 

 

$(6,525,961

Net loss

 

 

 

 

 

 

$(17,834,496

 2024

 

Corporate

 

 

EMC

 

 

Consolidated

 

Revenue

 

 

 

 

 

 

 

 

 

Metal recovery and sales

 

$-

 

 

$34,070

 

 

$34,070

 

 Total revenue

 

 

-

 

 

 

34,070

 

 

 

34,070

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Operating expenses (income)

 

 

 

 

 

 

 

 

 

 

 

 

    Cost of sales and processing

 

 

 -

 

 

 

 530,891

 

 

 

 530,891

 

    Depreciation

 

 

 123,253

 

 

 

 -

 

 

 

 123,253

 

General and administrative

 

 

11,043,789

 

 

 

373,419

 

 

 

11,417,208

 

Professional fees

 

 

1,523,305

 

 

 

212,000

 

 

 

1,735,305

 

Production taxes and royalties

 

 

11,638

 

 

 

-

 

 

 

11,638

 

Development

 

 

434,793

 

 

 

-

 

 

 

434,793

 

         Segment operating loss

 

$(13,136,778 )

 

$(1,082,240 )

 

$(14,219,018 )

 

 

 

 

 

 

 

 

 

 

 

 

 

Reconciling items to net loss:

 

 

 

 

 

 

 

 

 

$(1,742,143 )

Net loss

 

 

 

 

 

 

 

 

 

$(15,961,161)