XML 107 R4.htm IDEA: XBRL DOCUMENT v3.25.0.1
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
 3 Months Ended 9 Months Ended 12 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Dec. 31, 2023
Dec. 31, 2022
Total revenue $ 19,657,905 $ 37,894,166 $ 54,596,333 $ 86,705,020    
Operating costs and expenses:            
Cost of goods sold (exclusive of depreciation and amortization shown below) 9,787,350 20,473,087 30,805,155 49,245,721    
Depreciation and amortization 499,876 521,289 1,413,074 1,431,482    
Sales and marketing 5,202,525 8,595,645 16,178,375 19,813,979    
General and administrative 7,151,005 4,302,853 15,893,998 9,716,058    
Total operating expenses 22,640,756 33,892,874 64,290,602 80,207,240    
(Loss) income from operations (2,982,851) 4,001,292 (9,694,269) 6,497,780    
Other income (expenses), net:            
Other income, net 137,508 9,151 188,329 6,982    
Change in fair value of warrant liabilities 138,000 828,000    
Interest expense (209,227) (10,396) (294,257) (62,920)    
Total other income (expense), net 66,281 (1,245) 722,072 (55,938)    
Net (loss) income before taxes (2,916,570) 4,000,047 (8,972,197) 6,441,842    
Income tax benefit 44,146 235,352    
Net (loss) income (2,872,424) 4,000,047 (8,736,845) 6,441,842    
Less: Net loss attributable to Sunergy Renewables, LLC prior to the Business Combination 4,000,047 (523,681) 6,441,842    
Net loss subsequent to the Business Combination (2,872,424) (8,213,164)    
Less: Net loss attributable to redeemable non-controlling interests (2,448,162) (5,979,621)    
Net loss attributable to Class A common stock $ (424,262) $ (2,233,543)    
Basic net (loss) income per common unit (in Dollars per share) $ (0.08) $ (0.6)    
Diluted net (loss) income per common unit (in Dollars per share) $ (0.08) $ (0.6)    
Weighted average units outstanding, basic (in Shares) 5,053,942 3,696,721    
Weighted average units outstanding, diluted (in Shares) 5,053,942 3,696,721    
Nonrelated Party            
Total revenue $ 17,329,201 $ 37,894,166 $ 36,457,234 $ 86,705,020    
Related Party            
Total revenue $ 2,328,704 $ 18,139,099    
Esgen Acquisition Corp            
Operating costs and expenses:            
(Loss) income from operations         $ (5,059,125) $ (2,830,117)
Other income (expenses), net:            
Other income, net         2,057,931 17,164,367
Change in fair value of warrant liabilities         (317,376) 13,179,936
Interest and investment income on marketable securities and cash held in Trust Account         1,950,267 3,984,431
Recovery of deferred offering costs allocated to warrants         425,040
Net (loss) income         (3,001,194) 14,334,250
Legal and professional fees         4,343,626 1,913,373
Insurance         92,103 528,861
Other operating costs         503,396 267,883
Operating cost-related party         $ 120,000 $ 120,000
Redeemable Class A Ordinary Shares | Esgen Acquisition Corp            
Other income (expenses), net:            
Basic net (loss) income per common unit (in Dollars per share)         $ (1.32) $ 0.44
Diluted net (loss) income per common unit (in Dollars per share)         $ (1.32) $ 0.44
Weighted average units outstanding, basic (in Shares)         3,821,284 27,600,000
Weighted average units outstanding, diluted (in Shares)         3,821,284 27,600,000
Non-Redeemable Class A and Class B Ordinary Shares | Esgen Acquisition Corp            
Other income (expenses), net:            
Basic net (loss) income per common unit (in Dollars per share)         $ 0.29 $ 0.3
Diluted net (loss) income per common unit (in Dollars per share)         $ 0.29 $ 0.3
Weighted average units outstanding, basic (in Shares)         6,900,000 6,900,000
Weighted average units outstanding, diluted (in Shares)         6,900,000 6,900,000