v3.26.3
Consolidated Balance Sheets - USD ($)
Dec. 31, 2025
Dec. 31, 2024
Current Assets    
Cash $ 63,859 $ 652,965
Accounts receivable, net of allowance for credit losses of $230,000 and $247,653 as of December 31, 2025 and December 31, 2024, respectively 2,648,229 1,965,748
Inventories, net 4,582,576 8,046,259
Prepaid expenses and other current assets 760,616 1,134,611
Total current assets 8,055,280 11,799,583
Property, plant and equipment, net 43,891,964 45,736,326
Intangible assets 298,041 319,307
Right - of-use asset, net 158,361 63,826
Goodwill 1,917,356
Other non-current assets 169,685 169,685
Total assets 52,573,331 60,006,083
Current liabilities:    
Accounts payable and accrued expenses 16,046,886 11,529,803
Line of credit, current portion 2,691,096
Convertible notes payable, current portion 3,000,000
Notes payable, current portion, net of capitalized loan costs 20,100,380 5,456,934
Operating lease payable, current portion 39,982 55,116
Finance leases payable, current portion 642,474 538,845
Total current liabilities 69,816,703 25,406,490
Line of credit, net of current portion 7,600,000
Convertible notes payable, net of current portion 3,000,000
Notes payable, net of current portion 14,478,051
Operating lease payable, net of current portion 118,528 12,015
Finance leases payable, net of current portion 489,461 1,143,829
Deferred tax liability 1,379,226 1,459,923
Total liabilities $ 71,803,918 $ 60,701,969
Shareholders’ (deficit)    
Common shares, no par value (in Dollars per share)
Additional paid-in capital $ 90,540,605 $ 90,096,688
Accumulated deficit (109,771,192) (90,792,574)
Total shareholders’ (deficit) (19,230,587) (695,886)
Total liabilities and shareholders’ (deficit) 52,573,331 60,006,083
Related Party    
Current liabilities:    
Due to related parties 27,295,885 7,825,792
Due to related parties, net of current portion $ 7,601,661