v3.25.4
Condensed Consolidated Statements of Operations and Comprehensive Loss (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Income Statement [Abstract]        
OIL AND GAS REVENUE $ 225,678 $ 225,678
EXPENSES OF OPERATIONS        
Lease operating expense and severance tax 112,644 112,644
General and administrative expense 16,642,135 433,412 18,604,904 1,715,319
Depreciation and depletion 40,027 40,027
Impairment of oil and gas properties 198,950 198,950
Issuance cost of derivative instruments 3,342,000 3,342,000
Research and development 111,311 724,406 1,600,956
Patent write-off 10,508 10,508
Total operating expenses 20,346,264 544,723 23,033,439 3,316,275
Loss from operations (20,120,586) (544,723) (22,807,761) (3,316,275)
OTHER INCOME, NET        
Interest expense (194,739) (100,822) (393,095) (300,274)
Interest income 10,907 50,000 10,907 150,000
Loss from extinguishment of debt (105,644) (105,644)
Grant income 340,546 737,811 2,340,359
Change in fair value of warrant liability (6,204) 45,965 (809,602)
Foreign currency gain (loss) 1,041 (3,406) (15,768) 11,567
Total other income (loss) (288,435) 280,114 280,176 1,392,050
Net loss before taxes (20,409,021) (264,609) (22,527,585) (1,924,225)
Income tax expense
Net loss (20,409,021) (264,609) (22,527,585) (1,924,225)
Net loss /(income) attributable to noncontrolling interest 2,920 (17,195) 7,058 (25,990)
Net loss attributable to AGIG (20,406,101) (281,804) (22,520,527) (1,950,215)
Foreign currency translation gain 10,131 107,624 70,983 51,146
Comprehensive loss (20,398,890) (156,985) (22,456,602) (1,873,079)
Comprehensive loss/(income) attributable to noncontrolling interest 2,920 (17,195) 7,058 (25,990)
Comprehensive loss attributable to AGIG $ (20,395,970) $ (174,180) $ (22,449,544) $ (1,899,069)
Basic loss per common share $ (0.60) $ (0.01) $ (0.66) $ (0.06)
Diluted loss per common share $ (0.60) $ (0.01) $ (0.66) $ (0.06)
Basic weighted average number of common shares outstanding 33,995,899 31,778,032 33,995,899 31,778,032
Diluted weighted average number of common shares outstanding 33,995,899 31,778,032 33,995,899 31,778,032