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 $ (3,468,581) $ 1,182,837
Adjustments to reconcile net loss to cash provided by (used) in operating activities:    
Change in fair value of investment (254,480) 0
Change in fair value of derivative liability 0 (266,891)
Stock-based compensation 14,806 5,761
Depreciation and amortization 0 213,810
Amortization of right-of-use assets 0 410,832
Equity in earnings of unconsolidated entity 0 (132,137)
Amortization of debt discount 1,595,577 1,595,577
Gain on partial disposal of interest in subsidiary 0 (6,169,824)
Foreign currency translation adjustment 0 84,734
Changes in operating assets and liabilities:    
Accounts receivable, net 0 847,502
Inventory 37,980 1,594,832
Prepaids and other current assets (149,515) (136,494)
Accounts payable and other accrued expenses 682,795 (1,443,462)
Accrued interest 814,011 782,120
Customer deposits 0 (167,027)
Operating lease liabilities 0 (391,476)
Net cash used in operating activities (727,407) (1,989,306)
Cash flows from investing activities:    
Acquisition of fixed assets 0 (16,136)
Payment received on note receivable from related party 342,974 42,162
Deconsolidation of Simson-Maxwell cash balance 0 (4,730)
Net cash provided by investing activities 342,974 21,296
Cash flows from financing activities:    
Issuance (repayment) of long-term debt, net 598,536 1,898,590
Advances from (repayment of) bank credit facility 0 (154,676)
Advance from (repayment to) related party (100,000) 200,000
Proceeds from exercise of warrants 100 0
Repayment of promissory notes, related parties 0 (16,170)
Net cash provided by financing activities 498,636 1,927,744
Net increase (decrease) in cash and cash equivalents 114,203 (40,266)
Cash and cash equivalents, beginning of period 279,525 114,648
Cash and cash equivalents, end of period 393,728 74,832
Cash paid for:    
Interest 9,295 181,630
Income taxes $ 0 $ 0