v3.26.1
DISCONTINUED OPERATIONS (Tables)
 3 Months Ended 12 Months Ended
Mar. 31, 2026
Dec. 31, 2025
Discontinued Operations and Disposal Groups [Abstract]    
Schedule of discontinued operations consolidated statement of operations
        
   Three Months Ended March 31, 
   2026   2025 
Total revenue  $—   $— 
Total cost of revenue   —   — 
Gross profit   —      
Operating expenses   —    81,274 
Loss from operations   —    (81,274)
Other income (expenses)   —    — 
Loss before tax expense   —    (81,274)
Tax expense   —    — 
Loss from operations of discontinued operations  $—   $(81,274)
          
  

Years Ended

December 31,

 
   2025   2024 
Total revenue  $9,951   $20,362 
Total cost of revenue   (2,409)   (5,707)
Gross profit   7,182    14,655 
Operating expenses   (244,297)   (1,509,761)
Loss on sale of Alvey oil field   (1,225,399)   — 
Loss from operations   (1,462,514)   (1,495,106)
Other income (expenses)   —    — 
Loss before tax expense   (1,462,514)   (1,495,106)
Tax expense   —    — 
Loss from operations of discontinued operations  $(1,462,514)  $(1,495,106)
Schedule of assets and liabilities of the discontinued operation  
        
   As of December 31, 
   2025   2024 
Property and equipment, net  $—   $2,019,415 
Texas Railroad Commission bond   —    62,537 
Assets of discontinued operations, non-current   —    2,081,952 
Total assets  $—   $2,081,952 
           
Accounts payable  $—   $25,500 
Accounts payable - related party   —    30,000 
Note payable, current maturities   —    343,500 
Liabilities of discontinued operations, current   —    399,000 
Estimated asset retirement obligation   —    97,463 
Liabilities of discontinued operations, non-current   —    97,463 
Total liabilities  $—   $496,463 
Schedule of property and equipment cost, for discontinued operations  
           
  

December 31,

2025

   December 31, 2024   Useful Lives
Equipment  $—   $802,016   5 to 20 years
Vehicles   —    61,000   5 to 15 years
Well development costs   —    1,395,461   *
Less accumulated depreciation   —    (176,525)  —
Property and equipment, net  $—   $2,081,952   —

  

* Once full production begins, Well development costs were to be depreciated using the units-of-production method based on barrels of oil produced. Full production did not occur so no depreciation was ever taken on this asset. In addition, as of December 31, 2024, it was determined the fair value of the Well Development costs exceeded their fair value and were written down by $1,395,980.