v3.25.1
Consolidated Balance Sheets - USD ($)
Dec. 31, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 375,873 $ 14,212
Accounts receivable, net 105,479 182,753
Contract assets 2,536 10,745
Inventories 471,468 156,512
Prepaid expenses and other current assets 204,596 340,790
Current assets of discontinued operations 4,635,586
Total current assets 1,159,952 5,340,598
Property, plant and equipment, net 3,965,426 4,388,177
Project development costs and other non-current assets 196,432 538,989
Right-of-use asset, net 1,987,137
Intangible assets, net 11,658 1,406
Deferred contract costs, net 30,589
Investment in and advances to equity affiliates 738,056
Long-term assets of discontinued operations 4,924,380
Total Assets 6,071,524 17,211,276
Current liabilities:    
Accounts payable and accrued expenses 9,332,620 9,252,971
Contract liabilities 596,082 1,366,998
Lease liability, current maturities 66,821 856,088
Due to affiliates 1,716,244
Short term notes payable, net 2,098,381 1,661,183
Current liabilities of discontinued operations 7,412,189
Total current liabilities 13,810,148 20,549,429
Long-term note payable 4,721,684 2,447,415
Lease liability, net of current maturities 549,290
Total liabilities 18,531,832 23,546,134
Stockholders’ equity (deficit):    
Preferred stock, $1.00 par value, 5,405,010 shares authorized; none issued or outstanding.
Common stock, $0.01 par value, 75,000,000 shares authorized; 6,038,382 issued and 6,035,061 outstanding as of December 31, 2024 and 881,387 issued and 814,969 outstanding as of December 31, 2023. 60,384 8,814
Additional paid-in capital 86,103,787 69,003,597
Treasury stock, at cost – 3,371 shares as of December 31, 2024 and 2023 (92,396) (92,396)
Accumulated deficit (98,532,083) (75,930,805)
Non-controlling interests 675,931
Total Stockholders' equity (deficit) (12,460,308) (6,334,859)
Total Liabilities and Stockholders’ Equity (Deficit) $ 6,071,524 $ 17,211,275

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