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Consolidated Balance Sheets - USD ($)
Dec. 31, 2024
Dec. 31, 2023
Current Assets:    
Cash and cash equivalents $ 28,330,159 $ 6,759,265
Accounts receivable 1,225,297
Prepaid expenses and other assets 1,666,155 27,485
Total Current Assets 31,221,611 6,786,750
Non-current assets:    
Natural gas and other properties, successful efforts method 33,979,014 22,480,830
Renewable natural gas properties, net of accumulated depreciation of $132,094 9,296,039
Value-added tax refund receivable 6,845,030 4,425,353
Operating lease right-of-use assets 1,744,897
Total Non-current Assets 51,864,980 26,906,183
Total Assets 83,086,591 33,692,933
Current Liabilities:    
Accounts payable and accrued expenses 2,204,208 1,053,819
Lease liability, short-term 163,865
Derivative liability, at fair value 173,177
Total Current Liabilities 2,368,073 1,752,272
Non-current Liabilities:    
Asset retirement obligation 4,375,919 4,242,680
Lease liability, long-term 1,579,443
Contingent consideration liability, long-term 24,994,315 26,482,682
Total Non-current Liabilities 30,949,677 30,725,362
Total Liabilities 33,317,750 32,477,634
Commitments and Contingencies (Note 6)
Temporary Equity:    
Class 1 Preferred Units, no par value, 43,611 units authorized, issued and outstanding; liquidation preference $152,637,776 as of December 31, 2023 152,464,599
Stockholders’ and Members’ Equity:    
Additional paid-in capital 226,722,424
Accumulated other comprehensive loss (5,803,378) (4,859,933)
Accumulated deficit (191,047,953) (146,389,367)
Noncontrolling interest 19,891,093
Total Equity (Deficit) 49,768,841 (151,249,300)
Total Liabilities and Equity 83,086,591 33,692,933
Related party    
Current Liabilities:    
Related party payables 525,276
Class A Ordinary Shares    
Stockholders’ and Members’ Equity:    
Common stock Value 4,056
Class C Ordinary Shares    
Stockholders’ and Members’ Equity:    
Common stock Value $ 2,599