v3.26.1
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
CASH FLOWS FROM OPERATING ACTIVITIES    
Net loss $ (34,851,818) $ (16,920,874)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 2,399,334 992,498
Amortization of finance leases 13,342 25,621
Accretion of interest 369,011 0
Amortization of debt discount and other debt-related items 0 485,853
Accretion of reclamation liability 243,330 222,302
Interest expense paid with common stock 0 284,526
Research and development expense paid with common stock 0 1,487,476
Gain on extinguishment of liability 0 (845,000)
Loss on conversion of debt 0 3,330,831
Intangible Asset, Including Goodwill, Impairment Loss 13,648,042 0
Loss on property, plant and equipment impairment 1,736,481 0
Loss on sale of note receivable 403,217 0
Loss on investment impairment 1,031,371 0
Change in fair value of derivative instruments (875,823) (1,677,373)
Change in fair value of SAFE Note (1,100,000) 0
Share of net (income) loss of equity-method investments 288,560 (17,438)
Other (33,342) 336,926
Changes in operating assets and liabilities:    
Accounts receivable (52,792) 1,502,064
Prepaid expenses (167,633) 65,099
Deposits 0 (217,500)
Other assets 413,848 (454,973)
Accrued expenses and other liabilities (754,519) (247,712)
Other liabilities (88,053) (88,478)
Net cash used in operating activities (15,923,917) (9,779,185)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchase of properties, plant and equipment (7,004,863) (709,572)
Escrow deposit paid on Great Basin Guaranty (1,500,000) 0
Acquisition of intangible asset 0 (300,000)
Proceeds from the sale of note receivable 500,000 0
Payments on contractual commitments associated with derivatives (129,000) (230,000)
Proceeds received from non-refundable deposit 150,000 0
Proceeds received from contractual commitments associated with derivatives 1,740,619 0
Payment of reclamation bond deposit (300,000) (300,000)
Other (58,832) (63,788)
Net cash used in investing activities (25,992,076) (3,818,694)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from the issuance of common stock 60,979,181 1,500,000
Issuances of debt 0 10,000,000
Principal payments of debt 0 (100,000)
Common stock issuance costs (4,606,575) (145,000)
Proceeds from the issuance of equity in subsidiary 0 20,000,000
Principal payments on financing leases (3,023) (23,650)
Net cash provided by financing activities 56,369,583 31,231,350
Net increase (decrease) in cash and cash equivalents 14,453,590 17,633,471
Cash and cash equivalents at beginning of period 16,951,645 954,271
Cash and cash equivalents at end of period 31,405,235 18,587,742
NON-CASH INVESTING AND FINANCING ACTIVITIES:    
SSOF advances converted to equity investment 15,150,000 0
SSOF accrued interest converted to equity investment 237,415 0
Issuance of common stock for Flux Photon liability 2,074,615 0
Deposits on equipment applied to property, plant and equipment 9,595,828 0
Recognition of Great Basin guaranty asset and liability 475,000 0
Recognition of operating lease liability and right of use asset 698,863 3,548,557
Right-of-use asset applied to property, plant and equipment 824,111 0
Intangible asset acquired with common stock issued for Flux Photon amendment 0 5,780,000
Intangible asset acquired with derivative liability for Flux Photon amendment 0 5,087,000
Intangible asset acquired with payable 0 4,468,617
Intangible asset acquired with issuance of equity in subsidiary 0 5,280,000
Issuance of common stock for LINICO acquisition-related payable 0  
Acquisition of plant and equipment from Marathon SAFE Note 0 12,000,000
Sierra Springs Opportunity Fund, Inc. (SSOF) [Member]    
CASH FLOWS FROM INVESTING ACTIVITIES:    
Advances to SSOF (5,750,000) 0
Investment in SSOF (13,640,000) (650,000)
RenFuel Note Receivable [Member]    
CASH FLOWS FROM INVESTING ACTIVITIES:    
Payments to acquire note 0 (800,000)
Hexas SAFE [Member]    
CASH FLOWS FROM INVESTING ACTIVITIES:    
Payments to acquire note 0 (765,334)
Metals Recycling [Member]    
Changes in operating assets and liabilities:    
Deferred revenue 1,746,655 983,333
Excluding Flux Photon [Member]    
Changes in operating assets and liabilities:    
Accounts payable (101,459) 973,634
Flux Photon [Member]    
Changes in operating assets and liabilities:    
Accounts payable (840,000) 0
Debt and Accrued Interest Converted Into Common Shares [Member]    
NON-CASH INVESTING AND FINANCING ACTIVITIES:    
Issuance of common shares for debt conversion and accrued interest 0 10,739,742
Share-Based Payment Arrangement, Nonemployee [Member]    
Adjustments to reconcile net loss to net cash used in operating activities:    
Share-based compensation 531,765 0
Share-based compensation 531,765 0
Share-Based Payment Arrangement, Employee [Member]    
Adjustments to reconcile net loss to net cash used in operating activities:    
Share-based compensation 116,566 0
Share-based compensation 116,566 0
Flux Photon Lease Amendment [Member]    
NON-CASH INVESTING AND FINANCING ACTIVITIES:    
Issuance of common stock for Flux Photon liability 6,055,000 0
Haywood Lease Amendment [Member]    
NON-CASH INVESTING AND FINANCING ACTIVITIES:    
Issuance of common stock for Haywood lease amendment 0 700,000
AST Lease Amendment [Member]    
NON-CASH INVESTING AND FINANCING ACTIVITIES:    
Issuance of common stock for Haywood lease amendment 0 2,482,200
Fair value of common stock held by AST transferred to accounts receivable $ 0 $ 722,361