v3.26.1
Debt (Tables)
3 Months Ended
Mar. 31, 2026
Debt Disclosure [Abstract]  
Schedule of debt
The following is a summary of debt as of March 31, 2026 and December 31, 2025:
March 31,
2026
December 31,
2025
Promissory Notes - August 16, 2024 (2)— 564,446 
Senior Convertible Notes - September 2025 (2)117,070 112,302 
Senior Convertible Notes - November 2025 (2)245,865 281,186 
Senior Convertible Notes - December 20254,953 222,691 
Promissory Notes - Fermata Energy II LLC (1) (2)597,969 584,292 
Total outstanding principal balance965,856 1,764,917 
Less: unamortized debt issuance costs and discounts(7,159)(35,174)
Total debt958,697 1,729,743 
Less: current portion of long-term debt958,697 1,729,743 
Long-term debt, net of current portion$— $— 
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(1) Amount represents related party notes.
(2) Amount includes accrued interest.
Schedule of maturities of debt obligations
As of March 31, 2026, the total future maturities of the principal amounts of the debt obligations are as follows:
2026 (remaining nine months)$958,697 
958,697