v3.26.1
Condensed Consolidated Statements of Cash Flows - USD ($)
 6 Months Ended 12 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Dec. 31, 2025
Dec. 31, 2024
Cash flows from operating activities        
Net income (loss) $ (31,945,434) $ 102,800,908 $ 74,004,768 $ (24,104,797)
Adjustments to reconcile net income (loss) to net cash flows from operating activities        
Stock-based compensation expense (6,104,584) 1,186,605 8,777,574
Non-cash severance expense (14,516) 13,200,000 19,162,500
Non-employee share-based payments 524,325    
Net realizable value adjustments 2,581,874 2,581,874
Change in fair value of notes payable 331,229 (4,797,980) (4,567,951)
Change in fair value of loans payable to related party 79,000 514,709
Amortization of debt discount 105,747 128,927
Fee shares to related party     1,425,095
Conversion of NRA shares post deSPAC     1  
Loss on issuance of debt- related party 40,531,000 40,531,000
Loss on issuance of debt 138,000 138,000
ELOC commitment fee expense 7,400,000 7,400,000
Change in fair value of warrant liabilities 6,311,824 (206,166,000) (209,916,200)
Change in fair value of derivative asset 16,058,628 14,839,243
Bad debt expense 1,655,291    
Changes in operating assets and liabilities:        
Accounts receivable 21,183,836 (7,364,394) (19,948,508)
Related party receivables (65,180) (65,180) (2,396,334)
Inventories (7,023,176) (5,932,599) (2,919,845)
Security deposit 700,000    
Other current assets (489,199) 191,389 (585,348) (1,526,541)
Related party payable 709,318 (7,285,995) 10,315,014
Accounts payable (4,613,211) 15,241,633 35,765,394 6,539,107
Loans payable to related party    
Professional fees payable 4,915,209 7,566,928
Accrued expenses and other current liabilities 8,797,246 10,651,043 14,595,266 35,988
Net cash used in operating activities (10,686,369) (8,535,798) (17,857,747) (11,137,563)
Cash flows from investing activities:        
Cash acquired in Acquisition 220,897 220,897
Cash paid for operations plant     (239,134)
Purchase of property and equipment     (28,678,950)
Cash paid for construction in progress (6,355,930) (1,474,214) (1,784,214)
Net cash used in investing activities (6,355,930) (1,253,317) (1,563,317) (28,918,084)
Cash flows from financing activities:        
Proceeds from member contributions 4,387,000 4,387,000 37,895,675
Proceeds from borrowing 1,200,000 1,950,000 1,950,000 500,000
Proceeds from loan payable to related party 2,500,000 9,936,804 2,396,334
Payment of GNCU loans (750,000)    
Payment of financial liability (900,000)    
Proceeds for common stock issued to EEME 11,000,001    
Proceeds from note payable 31,917 950,000 2,070,000
Payment of note payable     (37,740)
Debt settlement     (2)
Repayment of borrowing     (500,000)
ELOC at the market stock sales 2,680,233 861,228
Proceeds from issuance of common stock to Brown Stone 3,000,000    
Proceeds from issuance of common stock to Roth Capital 362,250    
Proceeds from issuance of common stock to Narrow Road 100,000    
Proceeds from issuance of common stock to Connective Capital 400,000    
Proceeds from issuance of common stock to Intracoastal Capital 100,000    
Proceeds from issuance of common stock to Wainwright 22,750      
Capital raise costs (35,000)    
Net cash provided by financing activities 17,212,151 9,787,000 19,167,290 40,292,009
Net decrease in cash, cash equivalents and restricted cash 169,852 (2,115) (253,774) 236,362
Cash, cash equivalents and restricted cash at beginning of year 159,232 413,006 413,006 176,600
Cash, cash equivalents and restricted cash at the end of year 329,084 410,891 159,232 413,006
Supplemental disclosure of cash flow information        
Cash paid for interest 1,741,304 6,592,639
Supplemental disclosure of noncash investing and financing activities        
Capitalization of debt closing costs to construction in progress 107,650 161,475 215,299
Issuance of common stock in exchange for members’ equity in Acquisition 1,060,619,510 1,060,619,510
Assumption of net assets (liabilities) in Acquisition (93,647,521) (93,647,521)
Issuance of membership units to settle related party payables 500,000 500,000
Assumption of net assets (liabilities) from Business Combination (226,081,466) (226,081,466)
Conversion of convertible note payable to related parties into New XCF common stock 100,000,000 100,000,000
Issuance of common stock for ELOC commitment fee 7,400,000 7,400,000
Conversion of non redemption agreement 1,240,000 1,240,000
Interest capitalization on notes payable 4,802,006 5,943,286 11,720,829 4,505,441
Interest capitalization on financial liability 5,445,590 5,306,929 10,774,604 9,588,939
Conversion of miscellaneous notes and payables to equity 917,621    
Common stock issued as penalty interest on various notes 1,858,547    
Common stock issued to vendor $ 69,335    
Fee shares to related party     1,425,000  
Convertible note issued for services from vendor     $ 5,500,000