v3.26.3
Condensed Consolidated Balance Sheets - USD ($)
Jun. 30, 2026
Dec. 31, 2025
Dec. 31, 2024
Current assets:      
Cash and cash equivalents $ 116,085,141 $ 328,466 $ 23,099
Prepaid expenses   12,126
Contract receivable 115,935,072  
Retention receivable 59,491,423  
Contract assets 6,561,361  
Prepaid expense and other current assets 90,410  
Current assets - discontinued operations   3,909
Total current assets 298,163,407 328,466 39,134
Property and equipment 358,130  
Right of use asset - operating lease 789,713 9,471 8,525
Goodwill 31,114,193  
Deferred tax assets 3,364,077  
Deposit 10,000  
Total assets 333,799,520 337,937 47,659
Current liabilities:      
Accounts payable 218,124,731 32,676 18,780
Retention payable 60,616,896  
Accrued payroll 1,019,319 570,164 476,981
Accrued interest 139,883 133,883 121,883
Contract liabilities 12,850,041  
Operating lease liabilities, current portion 274,369 9,471 8,525
Notes payable, current portion 108,169 80,000 80,000
Future receivables obligation 3,650,726  
Accrued income taxes 783,381  
Other current liabilities 298,682 7,511 11,511
Current liabilities - discontinued operations   31,265
Total current liabilities 306,468,754 883,705 1,098,945
Operating lease liabilities, net of current portion 515,344
Notes payable, net of current portion 90,642  
Total liabilities 307,074,740 883,705 1,098,945
Commitments and Contingencies (See note 15)
Stockholders’ equity (deficit)      
Preferred stock, value
Common stock, par value $0.0001, 250,000,000 shares authorized, 62,560,743 and 56,900,743 shares issued and outstanding at June 30, 2026 and December 31, 2025, respectively 6,256 5,690 5,154
Common stock, par value $0.0001, 250,000,000 shares authorized, 61,850,743 and 56,900,743 shares issued and outstanding at March 31, 2026 and December 31, 2025, respectively   265
Additional paid-in capital 39,799,461 28,465,847 25,607,397
Accumulated deficit (13,080,937) (29,017,305) (26,312,700)
Stockholders’ deficit attributable to KiNRG, Inc.   (545,768) (699,884)
Non-controlling interest   (351,402)
Total stockholders’ equity (deficit) 26,724,780 (545,768) (1,051,286)
Total liabilities and stockholders’ equity 333,799,520 337,937 47,659
Related Party      
Current liabilities:      
Accrued interest - related party 44,384  
Accrued liabilities - related parties 5,558,173 50,000 100,000
Note payable - related party 3,000,000  
Loans payable - related party   250,000
Stockholders’ equity (deficit)      
Non-controlling interest   (351,402)  
Series A Convertible Preferred Stock      
Stockholders’ equity (deficit)      
Preferred stock, value
Series AA Convertible Preferred Stock      
Stockholders’ equity (deficit)      
Preferred stock, value
Series AAA Convertible Preferred Stock      
Stockholders’ equity (deficit)      
Preferred stock, value
Series AAAA Convertible Preferred Stock      
Stockholders’ equity (deficit)      
Preferred stock, value