v3.26.1
Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Income Statement [Abstract]        
Revenues $ 1,109,661 $ 1,106,089 $ 2,025,041 $ 1,106,089
Costs and expenses:        
Costs of services 60,079 130,412 105,936 238,396
Depreciation of property and equipment 13,087 20,260 30,934 63,771
Amortization of long-term intangible assets 790,423 364,167 1,572,159 364,167
Accretion of asset retirement obligations 1,547,191 592,134 2,951,531 592,134
General and administrative 526,743 317,987 991,548 757,899
Total operating expenses 2,937,523 1,424,960 5,652,108 2,016,367
(Loss) from continuing operations before other income (expense) (1,827,862) (318,871) (3,627,067) (910,278)
Other income (expense):        
Other income 2,444 86,071
Gain on bargain purchase 5,602,484
Gain (loss) on sale of fixed assets (34,012) 25,668
Deficiency claim on returned equipment (560,402) (560,402)
Interest expense (33,968) (87,318) (68,453) (178,186)
Total other income (expense) (33,968) (679,288) (68,453) 4,975,635
Income (loss) from continuing operations (1,861,830) (998,159) (3,695,520) 4,065,357
Income (loss) from discontinued operations (30,636) 5,475
Net income (loss) $ (1,861,830) $ (1,028,795) $ (3,695,520) $ 4,070,832
Net income (loss) per share - basic $ (0.02) $ (0.01) $ (0.03) $ 0.04
Net income (loss) per share - diluted $ (0.02) $ (0.01) $ (0.03) $ 0.04
Weighted average number of common shares outstanding - basic 115,419,936 106,406,032 114,299,602 106,406,032
Weighted average number of common shares outstanding - diluted 115,419,936 106,406,032 114,299,602 106,406,032