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Condensed Consolidated Statements of Shareholders’ Deficit (Unaudited) - USD ($)
Senior Convertible Preferred Shares
Series A
Senior Convertible Preferred Shares
Series B
Senior Convertible Preferred Shares
Series C
Senior Convertible Preferred Shares
Series D
Allocation Shares
Common Shares
Distribution Receivable
Additional Paid-In Capital
Accumulated Deficit
Non- Controlling Interests
Total
Balance at Dec. 31, 2022 $ 1,338,746 $ 1,214,181     $ 1,000 $ 5 $ (2,000,000) $ 43,966,680 $ (41,919,277) $ 288,499 $ 2,889,834
Balance (in Shares) at Dec. 31, 2022 1,593,940 464,899       5,091          
Issuance of common shares upon settlement of accrued series A preferred share dividends     152,668 152,668
Issuance of common shares upon settlement of accrued series A preferred share dividends (in Shares)           6          
Issuance of common shares and warrants in connection with a private debt offering     1,360,362 1,360,362
Issuance of common shares and warrants in connection with a private debt offering (in Shares)           23          
Issuance of common shares upon cashless exercise of warrants    
Issuance of common shares upon cashless exercise of warrants (in Shares)           4          
Deemed dividend from issuance of warrants to common shareholders     618,000 (618,000)
Deemed dividend from down round provision in warrants     1,217,000 (1,217,000)
Dividends - series A senior convertible preferred shares     (110,045) (110,045)
Dividends - series B senior convertible preferred shares     (52,820) (52,820)
Net income (loss)     1,112,534 (65,053) 1,047,481
Balance at Mar. 31, 2023 $ 1,338,746 $ 1,214,181     1,000 $ 5 (2,000,000) 47,314,710 (42,804,608) 223,446 5,287,480
Balance (in Shares) at Mar. 31, 2023 1,593,940 464,899       5,124          
Balance at Dec. 31, 2022 $ 1,338,746 $ 1,214,181     1,000 $ 5 (2,000,000) 43,966,680 (41,919,277) 288,499 2,889,834
Balance (in Shares) at Dec. 31, 2022 1,593,940 464,899       5,091          
Net income (loss)                     (8,781,627)
Balance at Sep. 30, 2023 $ 190,377 $ 240,499     1,000 $ 9 (2,000,000) 57,315,859 (53,255,900) (6,626) 2,485,218
Balance (in Shares) at Sep. 30, 2023 226,667 91,567       8,884          
Balance at Mar. 31, 2023 $ 1,338,746 $ 1,214,181     1,000 $ 5 (2,000,000) 47,314,710 (42,804,608) 223,446 5,287,480
Balance (in Shares) at Mar. 31, 2023 1,593,940 464,899       5,124          
Issuance of common shares upon settlement of accrued series A preferred share dividends     111,269 111,269
Issuance of common shares upon settlement of accrued series A preferred share dividends (in Shares)           10          
Issuance of common shares upon cashless exercise of warrants    
Issuance of common shares upon cashless exercise of warrants (in Shares)           87          
Issuance of common shares upon conversion of series B preferred shares $ (221,686)     221,686
Issuance of common shares upon conversion of series B preferred shares (in Shares)   (85,000)       24          
Issuance of common shares upon exercise of prefunded warrants     5,064 5,064
Issuance of common shares upon exercise of prefunded warrants (in Shares)           26          
Deemed dividend from down round provision in warrants     534,000 (534,000)
Dividends - series A senior convertible preferred shares     (110,051) (110,051)
Dividends - series B senior convertible preferred shares     (55,176) (55,176)
Net income (loss)     (3,770,731) (199,305) (3,970,036)
Balance at Jun. 30, 2023 $ 1,338,746 $ 992,495     1,000 $ 5 (2,000,000) 48,186,729 (47,274,566) 24,141 1,268,550
Balance (in Shares) at Jun. 30, 2023 1,593,940 379,899       5,271          
Issuance of common shares upon settlement of accrued series A preferred share dividends     137,246 137,246
Issuance of common shares upon settlement of accrued series A preferred share dividends (in Shares)           43          
Issuance of common shares upon cashless exercise of warrants    
Issuance of common shares upon cashless exercise of warrants (in Shares)           53          
Issuance of common shares upon settlement of accrued series B preferred share dividends     54,839 54,839
Issuance of common shares upon settlement of accrued series B preferred share dividends (in Shares)           18          
Issuance of common shares upon conversion of convertible notes payable       $ 2 3,994,550 3,994,552
Issuance of common shares upon conversion of convertible notes payable (in Shares)           1,542          
Issuance of warrants in connection with a private debt offering     633,552 633,552
Issuance of common shares and prefunded warrants in connection with a public offering     $ 1 2,352,679 2,352,680
Issuance of common shares and prefunded warrants in connection with a public offering (in Shares)           404          
Fair value of warrant liabilities upon exercise of prefunded warrants     (1,156,300) (1,156,300)
Issuance of common shares upon exercise of prefunded warrants    
Issuance of common shares upon exercise of prefunded warrants (in Shares)           283          
Extinguishment of warrant liabilities upon exercise of prefunded warrants     1,184,200 1,184,200
Issuance of common shares upon conversion of series A senior convertible preferred shares $ (1,148,369)     $ 1 1,148,368
Issuance of common shares upon conversion of series A senior convertible preferred shares (in Shares) (1,367,273)         835          
Issuance of common shares upon conversion of series B senior convertible preferred shares $ (751,996)     751,996
Issuance of common shares upon conversion of series B senior convertible preferred shares (in Shares)   (288,332)       435          
Deemed dividend from down round provision in warrants     28,000 (28,000)
Dividends - series A senior convertible preferred shares     (93,941) (93,941)
Dividends - series B senior convertible preferred shares     (31,088) (31,088)
Net income (loss)     (5,828,305) (30,767) (5,859,072)
Balance at Sep. 30, 2023 $ 190,377 $ 240,499     1,000 $ 9 (2,000,000) 57,315,859 (53,255,900) (6,626) 2,485,218
Balance (in Shares) at Sep. 30, 2023 226,667 91,567       8,884          
Balance at Dec. 31, 2023 $ 190,377 $ 240,499 1,000 $ 10 (2,000,000) 57,677,097 (74,835,392) (1,314,280) (20,040,689)
Balance (in Shares) at Dec. 31, 2023 226,667 91,567   9,554          
Issuance of common shares upon settlement of accrued series A preferred share dividends $ 1 130,967 130,968
Issuance of common shares upon settlement of accrued series A preferred share dividends (in Shares)           625          
Issuance of common shares upon settlement of accrued series B preferred share dividends 13,299 13,299
Issuance of common shares upon settlement of accrued series B preferred share dividends (in Shares)           51          
Issuance of common shares upon conversion of series A preferred shares $ (152,200) $ 2 152,198
Issuance of common shares upon conversion of series A preferred shares (in Shares) (181,212)         2,437          
Issuance of common shares upon conversion of series B preferred shares $ (210,264) $ 1 210,263
Issuance of common shares upon conversion of series B preferred shares (in Shares)   (80,110)       1,305          
Issuance of common shares upon conversion of convertible notes payable $ 2 1,261,191 1,261,193
Issuance of common shares upon conversion of convertible notes payable (in Shares)           1,984          
Issuance of common shares and prefunded warrants in connection with a public offering $ 9 4,334,991 4,335,000
Issuance of common shares and prefunded warrants in connection with a public offering (in Shares)           9,364          
Fair value of warrant liabilities upon exercise of prefunded warrants (4,335,000) (4,335,000)
Issuance of common shares upon exercise of prefunded warrants $ 3 (3)
Issuance of common shares upon exercise of prefunded warrants (in Shares)           2,591          
Extinguishment of warrant liabilities upon exercise of prefunded warrants 844,500 844,500
Deemed dividend from down round provision in warrants 1,000 (1,000)
Dividends - series A senior convertible preferred shares (119,492) (119,492)
Dividends - series B senior convertible preferred shares (2,976) (2,976)
Net income (loss) (10,400,513) 41,452 (10,359,061)
Balance at Mar. 31, 2024 $ 38,177 $ 30,235 1,000 $ 28 (2,000,000) 60,290,503 (85,359,373) (1,272,828) (28,272,258)
Balance (in Shares) at Mar. 31, 2024 45,455 11,457   27,911          
Balance at Dec. 31, 2023 $ 190,377 $ 240,499 1,000 $ 10 (2,000,000) 57,677,097 (74,835,392) (1,314,280) (20,040,689)
Balance (in Shares) at Dec. 31, 2023 226,667 91,567   9,554          
Net income (loss)                     (12,950,273)
Balance at Sep. 30, 2024 $ 39,877 $ 214,900 $ 600,100 1,000 $ 46 (785,000) 62,943,899 (87,485,047) (1,802,595) (26,272,820)
Balance (in Shares) at Sep. 30, 2024 50,592 83,603 6,293,022   45,692          
Balance at Mar. 31, 2024 $ 38,177 $ 30,235 1,000 $ 28 (2,000,000) 60,290,503 (85,359,373) (1,272,828) (28,272,258)
Balance (in Shares) at Mar. 31, 2024 45,455 11,457   27,911          
Issuance of common shares upon conversion of series B preferred shares $ (30,235) 30,235
Issuance of common shares upon conversion of series B preferred shares (in Shares)   (11,457)       218          
Issuance of common shares upon conversion of convertible notes payable $ 4 765,302 765,306
Issuance of common shares upon conversion of convertible notes payable (in Shares)           3,879          
Issuance of warrants in connection with a private debt offering 7,573 7,573
Issuance of common shares upon exercise of prefunded warrants $ 9 (9)
Issuance of common shares upon exercise of prefunded warrants (in Shares)           9,018          
Extinguishment of warrant liabilities upon exercise of prefunded warrants 1,676,500 1,676,500
Issuance of series D preferred shares in connection with a private debt offering $ 214,000 214,000
Issuance of series D preferred shares in connection with a private debt offering (in Shares)       1,966,570              
Dividends - series A senior convertible preferred shares (7,953) (7,953)
Dividends - series D senior convertible preferred shares (365) (365)
Net income (loss) (4,875,229) (31,583) (4,906,812)
Balance at Jun. 30, 2024 $ 38,177 $ 214,000 1,000 $ 41 (2,000,000) 62,770,104 (90,242,920) (1,304,411) (30,524,009)
Balance (in Shares) at Jun. 30, 2024 45,455 1,966,570   41,026          
Issuance of common shares upon settlement of accrued series A preferred share dividends $ 1,700 1,700
Issuance of common shares upon settlement of accrued series A preferred share dividends (in Shares) 5,137                    
Issuance of series C preferred shares upon settlement of note payable $ 214,900 214,900
Issuance of series C preferred shares upon settlement of note payable (in Shares)     83,603                
Issuance of common shares upon exercise of prefunded warrants $ 5 (5)
Issuance of common shares upon exercise of prefunded warrants (in Shares)           4,666          
Extinguishment of warrant liabilities upon exercise of prefunded warrants 173,800 173,800
Issuance of series D preferred shares in connection with a private debt offering $ 386,100 386,100
Issuance of series D preferred shares in connection with a private debt offering (in Shares)       4,326,452              
1847 Manager profit allocation distribution from sale of High Mountain 1,215,000 1,215,000
Dividends - series A senior convertible preferred shares (8,040) (8,040)
Dividends - series C senior convertible preferred shares (5,360) (5,360)
Dividends - series D senior convertible preferred shares (42,511) (42,511)
Net income (loss) 2,813,784 (498,184) 2,315,600
Balance at Sep. 30, 2024 $ 39,877 $ 214,900 $ 600,100 $ 1,000 $ 46 $ (785,000) $ 62,943,899 $ (87,485,047) $ (1,802,595) $ (26,272,820)
Balance (in Shares) at Sep. 30, 2024 50,592 83,603 6,293,022   45,692