v3.26.1
21. DISAGGREGATED EXPENSES
6 Months Ended
Jun. 30, 2026
Notes  
21. DISAGGREGATED EXPENSES

21.DISAGGREGATED EXPENSES 

 

Cost of sales consisted of the following for June 30:

 

 

 

Three Months Ended

 

Three Months Ended

 

Six Months Ended

 

Six Months Ended

 

 

June 30, 2026

 

June 30, 2025

 

June 30, 2026

 

June 30, 2025

Crude Oil

$

        (109,809)

$

2,729,208

$

   (110,114)

$

7,513,308

Fuels and chemicals

 

266,203 

 

379,887

 

265,135 

 

811,733

Freight out

 

1,723 

 

435,180

 

     (80,272)

 

1,189,269

Freight in

 

67,100 

 

361,331

 

64,299 

 

823,715

Salary and wages

 

134,822 

 

338,683

 

259,925 

 

629,641

Depreciation and amortization

 

226,252 

 

311,372

 

488,899 

 

552,510

Repairs and maintenance

 

85,577 

 

91,011

 

161,393 

 

159,641

Other

 

13,733 

 

11,768

 

25,937 

 

37,682

 

$

685,601 

$

4,658,440

$

1,075,202 

$

11,717,499

 

General and administrative expenses consisted of the following for June 30:

 

 

 

Three Months Ended

 

Three Months Ended

 

Six Months Ended

 

Six Months Ended

 

 

June 30, 2026

 

June 30, 2025

 

June 30, 2026

 

June 30, 2025

Executive compensation

$

1,029,027

$

773,061

$

1,537,760

$

1,406,691

Professional fees

 

623,765

 

498,987

 

1,076,313

 

1,464,073

Insurance

 

112,620

 

160,918

 

244,656

 

323,693

Lease and utilities

 

50,196

 

55,335

 

94,649

 

114,610

Travel

 

23,410

 

46,744

 

60,590

 

104,148

Licenses

 

24,326

 

14,102

 

44,455

 

15,165

Other general and administrative

 

19,063

 

35,534

 

32,662

 

60,888

Bank charges

 

4,549

 

1,501

 

9,107

 

6,924

Auto

 

-

 

34,514

 

-

 

58,234

 

$

1,886,956

$

1,620,696

$

3,100,192

$

3,554,426

 

Professional fees included the following for June 30:

 

 

 

Three Months Ended

 

Three Months Ended

 

Six Months Ended

 

Six Months Ended

 

 

June 30, 2026

 

June 30, 2025

 

June 30, 2026

 

June 30, 2025

Auditor

$

63,824 

$

78,969

$

239,779 

$

236,974

Legal

 

440,745 

 

89,967

 

566,596 

 

83,103

Business development

 

84,915 

 

265,183

 

192,448 

 

1,002,564

Membership and subscriptions

 

34,626 

 

31,435

 

64,393 

 

61,057

Environmental

 

3,629 

 

16,493

 

17,063 

 

21,841

Investor relations

 

(3,974)

 

10,540

 

(3,966)

 

20,742

Other

 

 

3,050

 

 

7,775

Tax

 

 

3,350

 

 

30,017

 

$

623,765 

$

498,987

$

1,076,313 

$

1,464,073