SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

12 Months Ended

Dec. 31, 2023

Summary of Significant Accounting Policies

Assets and liabilities measured at fair value

Description	Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)		Total  Losses (year ended Dec. 31, 2023)
Financial liabilities:
Derivative liability - Series C Preferred Stock	$	-	$	-	$	3,863,321	$	(7,383,811	)
Derivative liability – Convertible Debt		-		-		-		(1,766,648	)
	$	-	$	-	$	3,863,321	$	(9,150,459	)

Schedule of inventory

	December 31,
	2023			2022
Units and work in process	$	8,181,067		$	8,749,903
Parts		2,839,833			2,791,626
		11,020,900			11,541,529
Reserve for obsolescence		(1,224,931	)		(1,264,867	)
	$	9,795,969		$	10,276,662

Schedule of oil and gas revenues

	Years Ended
	December 31,
	2023		2022
Oil	$	912,024	$	2,254,134
Natural gas and natural gas liquids		36,955		978,970
Well operations		93,445		751,018
	$	1,042,424	$	3,984,122

Schedule of disaggregates of revenue

	Years Ended
	December 31,
	2023		2022
Power generation units	$	13,488,525	$	4,901,791
Parts		5,143,068		4,098,771
Total units and parts		18,631,593		9,000,562
Service and repairs		12,380,706		11,053,476
	$	31,012,299	$	20,054,038

Schedule of asset retirement obligations

	Years Ended
	December 31,
	2023			2022
Asset retirement obligation – beginning	$	1,927,196		$	2,111,650
ARO recovered on sale of assets		(1,104,806	)		(239,975	)
ARO acquired on the Merger		65,047			-
Accretion expense		155,463			55,521
Asset retirement obligation – ending	$	1,042,900		$	1,927,196