Schedule of Non-current Investments |
At June 30, 2023 and December 31, 2022 our investments include:
| | | | | | | | | | | | | | | | | | | | | | | | | June 30, 2023 | | December 31, 2022 | Equity Method Investments: | Investment | | Ownership % | | Investment | | Ownership % | Quantum Generative Materials LLC | $ | 12,523,225 | | | 48.19% | | $ | 13,312,433 | | | 48.19% | Pelen Limited Liability Company | 602,128 | | | 25.00% | | 619,184 | | | 25.00% | Total equity method investments | 13,125,353 | | | | | 13,931,617 | | | | | | | | | | | | Readily Determinable Fair Value Investments: | | | | | | | | American Battery Technology Company common stock | $ | 7,100,000 | | | | | $ | — | | | | | | | | | | | | Alternative Measurement Method Investments: | | | | | | | | Green Li-ion Pte. Ltd. preferred shares | 4,517,710 | | | | | 4,517,710 | | | | Sierra Springs Opportunity Fund, Inc., at cost | 335,000 | | | | | 335,000 | | | | Total Investments | 25,078,063 | | | | | 18,784,327 | | | | Less: current investments | 11,617,710 | | | | | — | | | | Long-term investments | $ | 13,460,353 | | | | | $ | 18,784,327 | | | |
Summary financial information for affiliated companies (20% to 50%-owned) accounted for by the equity method for the periods presented, compiled from the equity investee's financial statements and reported on a one quarter lag is as follows:
| | | | | | | | | | | | | June 30, 2023 | | December 31, 2022 | Current assets | $ | 969,634 | | | $ | 1,023,023 | | Non-current assets | 8,375,674 | | | 12,034,506 | | Current liabilities | 3,625 | | | 89,584 | | Non-current liabilities | — | | | — | | | | | | | Six-Months Ended | | June 30, 2023 | | June 30, 2022 | Revenues | 35,750 | | | 34,775 | | Gross Profit | 35,750 | | | 34,775 | | | | | | Net loss | $ | (2,172,782) | | | $ | (1,434,706) | |
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