XML 17 R5.htm IDEA: XBRL DOCUMENT v3.24.2.u1
Condensed Consolidated Statements of Stockholders' Equity/Members' Deficit (Unaudited) - USD ($)
Member Deficit [Member]
Preferred Stock [Member]
Series D Preferred Stock [Member]
Preferred Stock [Member]
Series E Preferred Stock [Member]
Common Stock [Member]
Additional Paid-in Capital [Member]
Retained Earnings [Member]
Total
Balance at Dec. 31, 2022 $ (381,520)  
Balance, shares at Dec. 31, 2022          
Net loss (64,392)  
Balance at Mar. 31, 2023 (445,912)  
Balance, shares at Mar. 31, 2023          
Balance at Dec. 31, 2022 (381,520)  
Balance, shares at Dec. 31, 2022          
Net loss             $ (21,211,195)
Issuance to holders of Convertible Debentures for settlement of Creek Road Miners liabilities, shares            
Balance at Jun. 30, 2023 $ 218   $ 61,586 28,916,598 (20,986,010) $ 7,992,392
Balance, shares at Jun. 30, 2023   21,799   6,158,657      
Balance at Mar. 31, 2023 (445,912)  
Balance, shares at Mar. 31, 2023          
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest (160,793)            
Conversion of membership interests 606,705   $ 22,977 (629,682) (606,705)
Issuance of common stock to former stockholders of Creek Road Miners upon Merger   38,609 9,889,653 9,928,262
Issuance of Series D Preferred Stock 174   16,447,475 16,447,649
Issuance to holders of Convertible Debentures for settlement of Creek Road Miners liabilities 44   3,209,152 3,209,196
Balance at May. 03, 2023 (445,912)  
Balance, shares at May. 03, 2023          
Balance at Mar. 31, 2023 (445,912)  
Balance, shares at Mar. 31, 2023          
Net loss             (21,146,803)
Conversion of membership interests, shares       2,297,669      
Issuance of common stock and warrants in conjunction with purchase of Exok Option assets, shares       3,860,989      
Issuance of Series E preferred stock, warrants and common stock, shares   17,376          
Issuance to holders of Convertible Debentures for settlement of Creek Road Miners liabilities, shares   4,423          
Balance at Jun. 30, 2023 $ 218   $ 61,586 28,916,598 (20,986,010) 7,992,392
Balance, shares at Jun. 30, 2023   21,799   6,158,657      
Balance at May. 03, 2023 (445,912)  
Balance, shares at May. 03, 2023          
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest           (20,986,010) (20,986,010)
Balance at Jun. 30, 2023 $ 218   $ 61,586 28,916,598 (20,986,010) 7,992,392
Balance, shares at Jun. 30, 2023   21,799   6,158,657      
Balance at Dec. 31, 2023 $ 206 $ 200 $ 98,267 118,927,814 (78,853,677) 40,172,811
Balance, shares at Dec. 31, 2023   20,627 20,000 9,826,719      
Conversion of Series D Preferred Stock   $ (12) $ 2,450 (2,438)
Conversion of Series D preferred stock, shares   (1,225)   245,000      
Issuance of common stock upon warrant exercise $ 7,437 4,454,222 4,461,659
Issuance of class A common stock upon warrant exercise, shares       743,610      
Stock based compensation   2,066,682 2,066,682
Net loss   (9,037,284) (9,037,284)
Balance at Mar. 31, 2024 $ 194 $ 200 $ 108,153 125,446,282 (87,890,961) 37,663,868
Balance, shares at Mar. 31, 2024   19,402 20,000 10,815,329      
Balance at Dec. 31, 2023 $ 206 $ 200 $ 98,267 118,927,814 (78,853,677) 40,172,811
Balance, shares at Dec. 31, 2023   20,627 20,000 9,826,719      
Net loss             $ (17,550,943)
Issuance to holders of Convertible Debentures for settlement of Creek Road Miners liabilities, shares            
Balance at Jun. 30, 2024 $ 165 $ 200 $ 125,649 131,829,643 (96,404,620) $ 35,551,037
Balance, shares at Jun. 30, 2024   16,507 20,000 12,564,861      
Balance at Mar. 31, 2024 $ 194 $ 200 $ 108,153 125,446,282 (87,890,961) 37,663,868
Balance, shares at Mar. 31, 2024   19,402 20,000 10,815,329      
Conversion of Series D Preferred Stock   $ (29) $ 5,791 (5,762)
Conversion of Series D preferred stock, shares   (2,895)   579,090      
Issuance of common stock upon warrant exercise $ 8,361 5,008,373 5,016,734
Issuance of class A common stock upon warrant exercise, shares       836,130      
Stock based compensation   1,384,093 1,384,093
Net loss   (8,513,658) (8,513,658)
Issuance of common stock related to stock based compensation   $ 3,343 (3,343)
Issuance of Class A Common Stock related to stock based compensation, shares       334,312      
Balance at Jun. 30, 2024 $ 165 $ 200 $ 125,649 $ 131,829,643 $ (96,404,620) $ 35,551,037
Balance, shares at Jun. 30, 2024   16,507 20,000 12,564,861