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
|
|
|
|
|
|