v3.25.4
Condensed Consolidated Balance Sheets - USD ($)
Sep. 30, 2025
Dec. 31, 2024
CURRENT ASSETS    
Cash $ 1,512,157 $ 525,809
Accounts receivable - oil and gas sales 32,691
Government grant receivable 205,424
Prepaid expenses and other receivables 812,598 122,283
TOTAL CURRENT ASSETS 2,357,446 853,516
PROPERTY AND EQUIPMENT    
Land 8,576,854
Other property and equipment, net 312
Oil and gas properties, full cost method    
Costs subject to amortization 1,362,250
Accumulated depletion, depreciation, amortization, and impairment (238,980)
Total 1,123,270 312
PROPERTY AND EQUIPMENT, NET 9,700,124 312
Refundable acquisition deposit 160,000
Capitalized patents 1,497,382 1,145,860
Deposits on license agreements 2,115,000 2,115,000
Other assets 15,452
Goodwill 12,986,150
TOTAL ASSETS 28,831,554 4,114,688
CURRENT LIABILITIES    
Accounts payable 1,257,109 279,537
Warrant liabilities 45,965
Other payables 111,644 7,775
TOTAL CURRENT LIABILITIES 6,347,753 6,193,551
LONG-TERM LIABILITIES    
AGIG convertible note payable 6,159,452
Asset Retirement Obligation 32,248
TOTAL LONG-TERM LIABILITIES 6,191,700
TOTAL LIABILITIES 12,539,453 6,193,551
COMMITMENTS AND CONTINGENCIES
SHAREHOLDERS’ EQUITY    
Common stock, par value $0.001 per share; 300,000,000 shares authorized: 34,222,566 and 31,778,032 shares issued and outstanding as of September 30, 2025 and December 31, 2024, respectively 34,222 31,778
Accumulated other comprehensive loss 54,606 (16,377)
Additional paid-in capital 55,418,257 14,586,077
Accumulated deficit (39,182,973) (16,655,388)
Noncontrolling Interest in Consolidated Subsidiary (32,011) (24,953)
TOTAL SHAREHOLDERS’ EQUITY/(DEFICIT) 16,292,101 (2,078,863)
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY 28,831,554 4,114,688
HUSA Convertible Note Payable [Member]    
CURRENT LIABILITIES    
Convertible note payable 4,544,000
Other payables 111,644  
Related Party [Member]    
CURRENT LIABILITIES    
Note payable – related party 435,000
Abundia Global Impact Group LLC [Member]    
CURRENT LIABILITIES    
Convertible note payable $ 5,860,274