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INVESTMENTS (Tables)

3 Months Ended

Mar. 31, 2023

Business Combination and Asset Acquisition [Abstract]

At March 31, 2023 and December 31, 2022 our non-current investments include:


	March 31, 2023			December 31, 2022
Equity Method Investments:	Investment		Ownership %	Investment		Ownership %
Quantum Generative Materials LLC	$	12,868,811	48.19%	$	13,312,433	48.19%
Pelen Limited Liability Company	597,641		25.00%	619,184		25.00%
Total equity method investments	13,466,452			13,931,617
Alternative Measurement Method Investments:
Green Li-ion Pte. Ltd.	4,517,710			4,517,710
Sierra Springs Opportunity Fund, Inc., at cost	335,000			335,000
Total Investments	$	18,319,162		$	18,784,327

Summary financial information for affiliated companies (20% to 50%-owned) accounted for by the equity method is as follows:


	March 31, 2023*		December 31, 2022*
Current assets	$	669,124	$	1,023,023
Non-current assets	9,979,955		12,034,506
Current liabilities	3,625		89,584
Non-current liabilities	—		—


	March 31, 2023*		March 31, 2022*
Revenues	17,450		73,697
Gross Profit	17,450		73,697

Net income (loss) and net income (loss) attributable to the entity	$	(1,269,167)	$	(2,956,597)

* The information is presented as of December 31, 2022 and September 30, 2022, and for the three months ended December 31, 2022 and 2021, respectively. All equity method investments are accounted for on a one-quarter lag.