v3.26.1
Segment Information (Tables) - Continuing Operations [Member]
 6 Months Ended
Jun. 30, 2026
Schedule of segment information

Segment information for our current operating segments is as follows:

 

  

Energy

Segment

   Historic Segment   Corporate and Eliminations   Consolidated 
Three months ended June 30, 2026                    
Net revenue  $65,595   $-   $-   $65,595 
Operating income (loss)   65,595    (160)   (197,279)   (131,844)
Interest and dividend income   59    -    2    61 
Interest expense   -    -    -    - 
Severance and ad valorem taxes   3,264    -    -    3,264 
Property additions   -    -    4,112    4,112 
Fixed asset depreciation and amortization   -    -    1,456    1,456 
Other asset additions   -    -    -    - 
Other asset amortization   34,247    -    -    34,247 
                     
Three months ended June 30, 2025                    
Net revenue  $75,000   $-   $-   $75,000 
Operating income (loss)   75,000    (442)   (201,291)   (126,733)
Interest and dividend income   7,392    -    1    7,393 
Interest expense   -    -    -    - 
Severance and ad valorem taxes   -    -    -    - 
Property additions   -    -    -    - 
Fixed asset depreciation and amortization   -    -    85    85 
Other asset additions   -    -    -    - 
Other asset amortization   34,247    -    -    34,247 
                     
Six months ended June 30, 2026                    
Net revenue  $108,363   $-   $-   $108,363 
Operating income (loss)   108,363    (649)   (499,939)   (392,225)
Interest and dividend income   190    -    3    193 
Interest expense   -    -    -    - 
Severance and ad valorem taxes   10,098    -    -    10,098 
Property additions   -    -    4,112    4,112 
Fixed asset depreciation and amortization   -    -    2,303    2,303 
Other asset additions   -    -    -    - 
Other asset amortization   68,495    -    -    68,495 
Total assets   1,237,033    405    1,279,001    2,516,439 
                     
Six months ended June 30, 2025                    
Net revenue  $77,000   $-   $-   $77,000 
Operating income (loss)   77,000    (622)   (397,086)   (320,708)
Interest and dividend income   37,041    -    3    37,044 
Interest expense   -    -    -    - 
Severance and ad valorem taxes   -    -    -    - 
Property additions   -    -    -    - 
Fixed asset depreciation and amortization   -    -    170    170 
Other asset additions   1,369,889    -    -    1,369,889 
Other asset amortization   34,756    -    -    34,756 
Total assets   1,508,510    1,687    1,456,801    2,966,998 
Schedule of reconciliation of revenue from segments to consolidated

The following table reconciles operating segments and corporate-unallocated operating income (loss) to consolidated income before income taxes for the three and six months ended June 30, 2026 and 2025, as presented in the unaudited condensed consolidated income statements:

 

   2026   2025   2026   2025 
   Three Months Ended
June 30,		   Six Months Ended
June 30,		 
   2026   2025   2026   2025 
Operating income (loss)  $(131,844)  $(126,733)  $(392,225)   (320,708)
Realized gain (loss) on investment in securities   -    (194,693)   18,740    (185,147)
Unrealized gain (loss) on investment in securities   (120,549)   80,331    (68,143)   27,794 
Realized gain (loss) on investment in gold   49,886    -    49,886    - 
Realized gain (loss) on investment in futures   116    -    116    - 
Interest and dividend income   61    7,393    193    37,044 
Other income   -    -    20,413    - 
                     
Income (loss) before income taxes  $(202,330)  $(233,702)  $(371,020)   (441,017)