v3.26.3
CONDENSED CONSOLIDATED BALANCE SHEETS (unaudited) - USD ($)
Sep. 30, 2026
Dec. 31, 2025
Current Assets:    
Cash and cash equivalents $ 25,474,351 $ 31,826,830
Restricted cash 1,260,782 1,304,129
Accounts receivable 8,025,589 1,959,001
Prepaid expenses and other assets 5,029,939 1,528,622
Total Current Assets 39,790,661 36,618,582
Non-current assets:    
Natural gas and other properties, successful efforts method, net of accumulated depreciation and depletion of $5,913,206 and $2,932,984, respectively 51,562,184 42,553,580
Renewable natural gas properties, net of accumulated depreciation of $767,807 and $508,583, respectively 10,310,354 10,744,121
Value-added tax receivable 9,118,938 9,589,576
Operating lease right-of-use assets 100,094 1,790,461
Deferred tax assets 1,761,504 0
Total Non-current Assets 72,853,074 64,677,738
Total Assets 112,643,735 101,296,320
Current Liabilities:    
Accounts payable and accrued expenses 15,140,130 6,776,384
Income tax payable 4,195,215 417,568
Lease liability, short-term 76,076 200,419
Contingent consideration liability, short-term 16,615,215 11,576,846
Total Current Liabilities 36,026,636 18,971,217
Non-current Liabilities:    
Asset retirement obligation 3,065,287 4,507,921
Deferred tax liability 866,923 897,812
Lease liability, long-term 0 1,588,243
Contingent consideration liability, long-term 0 16,651,065
Total Non-current Liabilities 3,932,210 23,645,041
Total Liabilities 39,958,846 42,616,258
Commitments and Contingencies
Stockholders’ Equity:    
Additional paid-in capital 230,943,142 228,640,286
Accumulated other comprehensive loss (4,984,766) (3,941,388)
Accumulated deficit (181,015,601) (189,248,843)
Noncontrolling interest 27,735,417 23,223,342
Total Stockholders’ Equity 72,684,889 58,680,062
Total Liabilities and Stockholders’ Equity 112,643,735 101,296,320
Class A Common Stock    
Stockholders’ Equity:    
Common stock value 4,098 4,066
Class C Common Stock    
Stockholders’ Equity:    
Common stock value $ 2,599 $ 2,599