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SEGMENT REPORTING (Tables) | 6 Months Ended
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Jun. 30, 2023
Segment Reporting [Abstract] |
Schedule of Reportable Operating Segments | Summarized financial information relating to our reportable segments is provided below. Certain amounts have been reclassified to conform to the current period presentation, most notably to reclassify our historical activities to our all-other segment. Our renewable energy segment includes our new fuels and metal recycling technologies and the resulting renewable energy services. Our mining segment includes our gold and silver mining assets and real estate. Our strategic and other investments segment includes all other activities, including all other real estate, equity method investments in GenMat and SSOF, and general corporate costs. Strategic and other investments revenue is from real estate activities.
Three-Months Ended June 30, 2023 |  | Renewable Energy |  | Mining |  | Strategic and Other Investments |  | Total
Revenue |  | $ | — |  |  | $ | 27,525 |  |  | $ | 7,800 |  |  | $ | 35,325 |
Depreciation and amortization |  | $ | 234,498 |  |  | $ | 61,694 |  |  | $ | 408,689 |  |  | $ | 704,881 |
Loss from operations |  | $ | (2,514,847) |  |  | $ | (801,487) |  |  | $ | (2,615,378) |  |  | $ | (5,931,712) |
Change in fair value of derivative instruments |  | $ | — |  |  | $ | — |  |  | $ | 1,564,617 |  |  | $ | 1,564,617 |
Total other income (expense), net |  | $ | (16,003) |  |  | $ | 84,749 |  |  | $ | 358,377 |  |  | $ | 427,123 |
Net loss |  | $ | (2,530,850) |  |  | $ | (716,739) |  |  | $ | (2,257,000) |  |  | $ | (5,504,589) |
Total Assets: |  | $ | 16,285,260 |  |  | $ | 7,903,902 |  |  | $ | 80,795,059 |  |  | $ | 104,984,221 |
Capital Expenditures |  | $ | 28,012 |  |  | $ | — |  |  | $ | — |  |  | $ | 28,012 |
Three-Months Ended June 30, 2022 |  | Renewable Energy |  | Mining |  | Strategic and Other Investments |  | Total
Revenue |  | $ | — |  |  | $ | 45,125 |  |  | $ | 7,800 |  |  | $ | 52,925 |
Depreciation and amortization |  | $ | 357,815 |  |  | $ | 123,609 |  |  | $ | 327,470 |  |  | $ | 808,894 |
Loss from operations |  | $ | (3,339,858) |  |  | $ | (1,106,904) |  |  | $ | (1,396,930) |  |  | $ | (5,843,692) |
Change in fair value of derivative instruments |  | $ | 595,000 |  |  | $ | — |  |  | $ | (8,785,000) |  |  | $ | (8,190,000) |
Impairment of investments and note receivable, net recovery |  | $ | — |  |  | $ | — |  |  | $ | 895,204 |  |  | $ | 895,204 |
Total other income (expense), net |  | $ | (685,757) |  |  | $ | (2,435,872) |  |  | $ | (5,125,276) |  |  | $ | (8,246,905) |
Net loss |  | $ | (4,025,615) |  |  | $ | (2,476,601) |  |  | $ | (7,588,381) |  |  | $ | (14,090,597) |
Total Assets: |  | $ | 42,026,333 |  |  | $ | 9,363,762 |  |  | $ | 66,435,968 |  |  | $ | 117,826,063 |
Capital Expenditures |  | $ | 33,802 |  |  | $ | — |  |  | $ | — |  |  | $ | 33,802 |
Six-Months Ended June 30, 2023 |  | Renewable Energy |  | Mining |  | Strategic and Other Investments |  | Total
Revenue |  | $ | — |  |  | $ | 50,475 |  |  | $ | 15,600 |  |  | $ | 66,075 |
Depreciation and amortization |  | $ | 489,148 |  |  | $ | 123,388 |  |  | $ | 723,386 |  |  | $ | 1,335,922 |
Loss from operations |  | $ | (4,472,130) |  |  | $ | (1,356,413) |  |  | $ | (5,180,618) |  |  | $ | (11,009,161) |
Change in fair value of derivative instruments |  | $ | — |  |  | $ | — |  |  | $ | 2,263,212 |  |  | $ | 2,263,212 |
Total other income (expense), net |  | $ | (210,576) |  |  | $ | 106,587 |  |  | $ | (73,181) |  |  | $ | (177,170) |
Net loss |  | $ | (4,682,706) |  |  | $ | (1,249,826) |  |  | $ | (5,253,799) |  |  | $ | (11,186,331) |
Total Assets: |  | $ | 16,285,260 |  |  | $ | 7,903,902 |  |  | $ | 80,795,059 |  |  | $ | 104,984,221 |
Capital Expenditures |  | $ | 816,071 |  |  | $ | — |  |  | $ | — |  |  | $ | 816,071 |
Six-Months Ended June 30, 2022 |  | Renewable Energy |  | Mining |  | Strategic and Other Investments |  | Total
Revenue |  | $ | — |  |  | $ | 91,950 |  |  | $ | 15,600 |  |  | $ | 107,550 |
Depreciation and amortization |  | $ | 757,898 |  |  | $ | 185,303 |  |  | $ | 710,222 |  |  | $ | 1,653,423 |
Loss from operations |  | $ | (5,406,341) |  |  | $ | (551,978) |  |  | $ | (4,273,461) |  |  | $ | (10,231,780) |
Change in fair value of derivative instruments |  | $ | 595,000 |  |  | $ | — |  |  | $ | (5,720,000) |  |  | $ | (5,125,000) |
Impairment of intangible assets |  | $ | 338,034 |  |  | $ | — |  |  | $ | (676,068) |  |  | $ | (338,034) |
Impairment of investments and note receivable, net recovery |  | $ | (54,587) |  |  | $ | (2,455,333) |  |  | $ | (733,731) |  |  | $ | (3,243,651) |
Total other income (expense), net |  | $ | (1,061,025) |  |  | $ | (2,457,710) |  |  | $ | (6,887,105) |  |  | $ | (10,405,840) |
Net loss |  | $ | (6,467,316) |  |  | $ | (3,009,688) |  |  | $ | (11,160,616) |  |  | $ | (20,637,620) |
Total Assets: |  | $ | 42,026,333 |  |  | $ | 9,363,762 |  |  | $ | 66,435,968 |  |  | $ | 117,826,063 |
Capital Expenditures |  | $ | 587,002 |  |  | $ | — |  |  | $ | — |  |  | $ | 587,002 |

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- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482573/350-20-50-1 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-25 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-22 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-30 + Details
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