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SEGMENT REPORTING
3 Months Ended
Mar. 31, 2024
Segment Reporting [Abstract]  
SEGMENT REPORTING SEGMENT REPORTING
 
We have the following segments and reporting units: Fuels, Metals, Mining, Strategic Investments and Corporate. The Company’s goal is to accelerate the commercialization of decarbonizing technologies. Once a technology achieves a certain technology readiness or a justifiable critical mass or market distinction, we strategically plan its commercialization and dedicate resources toward that end. Until then, it is managed with corporate resources.

Summarized financial information relating to our reportable segments is provided below. In 2023, our chief operating decision maker ("CODM") reassessed the Company's performance and allocation of resources. Based on this reassessment, the Company's segments were determined to be Fuels, Metals, Mining, Strategic Investments and Corporate. Previously, our CODM assessed performance and allocation of resources to three business segments and reporting units including Renewable Energy, Mining and Strategic Investments. Certain amounts have been reclassified to conform to the current period presentation on a comparable basis. The Company's strategic plans, executes and monitors each reporting segment and has dedicated personnel responsible for each reportable segment. Our Fuels Segment represents our lignocellulosic biomass into biointermediates for refining into renewable fuels. Our Metals Segment represents our recycling of electrification products. Our Mining Segment includes our gold and silver mining assets and related real estate. Our Strategic Investments Segment includes our investments in GenMat, Green Li-ion and SSOF and our Corporate Segment includes all other assets and general corporate costs. Mining revenue is from leasing mineral claims and other real estate.
Three Months Ended 
 
March 31, 2024
Fuels MetalsMiningStrategic InvestmentsCorporate / OtherTotal
Revenue $— $— $421,151 $— $4,800 $425,951 
Depreciation and amortization$232,583 $355,886 $45,115 $270 $22,123 $655,977 
Income (loss) from operations$(1,022,498)$(717,772)$11,033 $73,582 $(2,993,908)$(4,649,563)
Change in fair value of derivative instruments$— $— $(285,000)$(987,718)$516,600 $(756,118)
Total other income (expense), net$(15,883)$— $(243,472)$(1,553,914)$(455,488)$(2,268,757)
Net loss$(1,038,381)$(717,772)$(232,439)$(1,480,331)$(3,449,397)$(6,918,320)
Capital Expenditures$— $355,939 $— $— $— $355,939 
Total Assets as of March 31, 2024$7,145,478 $11,567,379 $25,288,243 $57,183,022 $3,721,100 $104,905,222 



Three Months Ended 
 
March 31, 2023
FuelsMetalsMiningStrategic InvestmentsCorporate / OtherTotal
Revenue$— $— $22,950 $— $7,800 $30,750 
Depreciation and amortization$7,807 $— $61,694 $33,976 $527,564 $631,041 
Loss from operations$(649,600)$(22,044)$(554,926)$(1,092,085)$(2,758,794)$(5,077,449)
Change in fair value of derivative instruments$— $— $— $— $698,595 $698,595 
Total other income (expense), net$1,027 $— $43,382 $(644,768)$(3,934)$(604,293)
Net loss$(648,573)$(22,044)$(511,544)$(1,736,853)$(2,762,728)$(5,681,742)
Capital Expenditures$20,519 $— $6,000 $761,540 $— $788,059 
Total Assets as of December 31, 2023$7,257,580 $11,797,921 $25,003,871 $57,082,301 $5,324,671 $106,466,344