v3.26.1
Consolidated Statements of Cash Flows - USD ($)
 12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Cash flows from operating activities of continuing operations:    
Net loss $ (31,901,865) $ (44,413,222)
Adjustments to reconcile net loss to cash used in operating activities:    
Stock-based compensation and services 9,255,259 25,306,720
Depreciation and amortization 119,121 43,865
Lease expenses 182,812 154,758
Interest expense 650,003 814,646
Derivative liabilities 2,847
Fair value adjustments (54,453) (555,780)
Write off property and equipment 1,331,124
Other non-cash expenses (6,727) (75,418)
Gain/loss on FOREX transactions 290,164
Unwinding of non-current liabilities 136,777
Changes in operating assets and liabilities:    
Inventories and trade receivable 26,594 (427,184)
Taxes recoverable 221,637 (1,683,632)
Deposits and advances (9,118) (176,301)
Accounts payable (981,630) 1,082,745
Other noncurrent liabilities (95,266) (190,012)
Net cash used in operating activities (22,166,692) (18,784,844)
Cash flows from investing activities:    
Acquisition of capital assets (6,091,572) (22,441,552)
Capitalized Exploration costs (2,867,818) (4,496,977)
Increase in intangible assets (405,907)
Net cash used in investing activities (8,959,390) (27,344,436)
Cash flows from financing activities:    
Net proceeds from sale of common stock 49,873,038 31,919,448
Net proceeds from sale of common stock of subsidiaries 2,516,900 1,000,000
Leases payments (216,906) (150,953)
Cash used in payment of debt (650,003) (636,823)
Net cash provided by financing activities 51,523,029 32,131,672
Effect of exchange rates on cash and cash equivalents 681 (14,843)
Net increase (decrease) in cash and cash equivalents 20,397,628 (14,012,451)
Cash and cash equivalents at beginning of period 15,537,476 29,549,927
Cash and cash equivalents at end of period $ 35,935,104 $ 15,537,476