XML 84 R73.htm IDEA: XBRL DOCUMENT v3.25.1
Common Stock Options and Warrants (Details Narrative)
 3 Months Ended 12 Months Ended
Mar. 31, 2025
USD ($)
$ / shares
shares
Mar. 26, 2025
shares
Sep. 30, 2024
$ / shares
shares
Apr. 08, 2024
Aug. 30, 2023
USD ($)
$ / shares
shares
Aug. 15, 2023
USD ($)
a
$ / shares
shares
May 03, 2023
USD ($)
$ / shares
shares
Aug. 31, 2022
USD ($)
BOED
Mar. 31, 2025
USD ($)
$ / shares
shares
Mar. 31, 2024
USD ($)
shares
Dec. 31, 2024
USD ($)
$ / shares
shares
Mar. 24, 2025
USD ($)
Non compensatory options to purchase membership interest               40.00%        
Purchase of non compensatory options | $               $ 1,000,000        
Sale of non compensatory options | $               $ 80,000        
Restricted options exercisable increments percentage               25.00%        
Barrels of oil equivalent per day one | BOED               2,500        
Barrels of oil equivalent per day two | BOED               5,000        
Barrels of oil equivalent per day three | BOED               7,500        
Barrels of oil equivalent per day four | BOED               10,000        
Non compensatory options acquire             8,000,000          
Shares issued price per share | $ / shares             $ 0.25          
Options are subject to be transferred                 2,000,000      
Stock issued during period shares acquisitions   9,736,904                    
Stock issued during period value acquisitions | $                 $ 37,662,000      
Warrant outstanding 0               0      
Proceeds from warrant exercises | $                 $ 4,462,000    
Payments to acquire land held for use | $             $ 3,000,000.0          
Series F Preferred Stock Warrants [Member]                        
Embedded derivatives | $ $ 22,100,000               $ 22,100,000     $ 22,100,000
Subordinated Note Warrants [Member]                        
Warrant issued right to purchase shares 1,141,552               1,141,552      
Fair value of the subordinated note warrants | $ $ 1,700,000               $ 1,700,000   $ 4,200,000  
Initial Genesis [Member]                        
Number of common stock shares           670,499            
Area of land | a           25,240            
Asset acquisition, price of acquisition, expected | $           $ 18,000,000.0            
Initial Genesis [Member] | Exok [Member]                        
Area of land | a           32,580            
Genesis Bolton Acquisition [Member]                        
Asset acquisition for total consideration | $           $ 25,300,000            
Series D A Warrants [Member]                        
Warrant outstanding 3,215,761               3,215,761   3,215,761  
Common stock upon warrant exercise                 0 0    
Warrant term 3 years 1 month 6 days               3 years 1 month 6 days   3 years 3 months 18 days  
Series D B Warrants [Member]                        
Common stock upon warrant exercise                   743,610    
Common Stock exercised for total proceeds | $                   $ 4,500,000    
Series E A Warrants [Member]                        
Warrants expire date Aug. 15, 2028               Aug. 15, 2028      
Series E B Warrants [Member]                        
Warrants expire date Aug. 15, 2024               Aug. 15, 2024      
Merger Options [Member]                        
Remaining contractual life 1 year 1 month 6 days                      
Legacy Warrants [Member]                        
Remaining contractual life                 7 months 6 days   7 months 6 days  
Warrant issued right to purchase shares 53,938               53,938      
Exercise price | $ / shares                     $ 49.71  
Warrant outstanding 37,138               37,138   37,138  
Common Stock [Member]                        
Stock issued during period shares acquisitions                 9,736,904      
Stock issued during period value acquisitions | $                 $ 97,000      
Number of common stock shares                 39,615      
Common stock upon warrant exercise                   743,610    
Warrants exercised issuance of shares                 2,333,334      
Common Stock [Member] | Series D PIPE Warrants [Member]                        
Warrant issued right to purchase shares 6,950,500               6,950,500      
Warrant exercise price | $ / shares $ 6.00               $ 6.00      
Common Stock [Member] | Series E PIPE Warrants [Member]                        
Warrant issued right to purchase shares 8,000,000               8,000,000      
Warrant exercise price | $ / shares $ 6.00               $ 6.00      
Series E A Warrants [Member]                        
Warrant outstanding 4,000,000               4,000,000   4,000,000  
Warrant term 3 years 4 months 24 days               3 years 4 months 24 days   3 years 7 months 6 days  
Series E B Warrants [Member]                        
Warrants exercised issuance of shares                     4,000,000  
Proceeds from warrant exercises | $                     $ 24,000,000.0  
Exok Warrants [Member]                        
Warrant outstanding 670,499         670,499     670,499   670,499  
Warrant exercise price | $ / shares           $ 7.43            
Warrant term 3 years 4 months 24 days               3 years 4 months 24 days   3 years 7 months 6 days  
Warrants expire date           Aug. 15, 2028            
Exok Warrants [Member] | Initial Genesis [Member]                        
Share price | $ / shares           $ 7.43            
Exok Warrants [Member] | Initial Genesis [Member]                        
Warrants to purchase common stock           670,499            
Subordinated Note Warrants [Member]                        
Warrant outstanding 570,778               570,778   570,778  
Warrant exercise price | $ / shares $ 8.89               $ 8.89      
Warrant term 4 years 6 months               4 years 6 months   4 years 9 months 18 days  
Subordinated Note Warrants [Member] | Maximum [Member]                        
Warrant, purchase                 1,141,552      
Noncompensatory Option Purchase Agreement [Member]                        
Shares issued price per share | $ / shares     $ 0.25   $ 0.25              
Stock issued during period shares acquisitions     800,000   200,000              
Stock issued during period value acquisitions | $         $ 2,000              
Letter Agreement [Member] | Warrant [Member]                        
Beneficial ownership limitation       the holder would own more than 4.99% of the outstanding shares of the Company’s Common Stock, which may be increased by the holder upon written notice to the Company, to any specified percentage not in excess of 9.99% (the “Beneficial Ownership Limitation Ceiling”). The Letter Agreement increases the Beneficial Ownership Limitation Ceiling from 9.99% to 19.99%. Pursuant to the Letter Agreement, Bristol Investment further notified the Company of its intent to immediately increase the Beneficial Ownership Limitation Ceiling to 19.99% and the parties agreed to waive the waiting period with respect to such notice.                
Purchase Agreement [Member] | Series F Preferred Warrants [Member]                        
Sale of stock, description of transaction                 the securities purchase agreement with the Series F Preferred Stockholder, upon the one-year anniversary of the issuance date of the Series F Preferred Stock, if any Series F Preferred Stock is outstanding, and the other conditions set forth in the Series F Certificate of Designation have been satisfied, the Company will issue to the Series F Preferred Stock Warrants to the Series F Preferred Stockholder. The Series F Preferred Stock Warrants allow the Series F Preferred Stockholder to purchase a number of shares of the Company’s Common Stock equal to the quotient of (1) 125% of the Stated Value of all Series F Preferred Stock held on the original issuance date of the Series F Preferred Stock (the “Original Issuance Date”), divided by (2) the average of the 10 daily volume-weighted average per share trading prices of the Company’s Common Stock during the 10 trading days prior to the original issuance date      
Bristol Capital LLC [Member]                        
Non compensatory options acquire | $             24,000          
Remaining contractual life | $ $ 600,000                      
Number of common stock shares 2,333,333                      
Remaining issuable upon exercise 5,666,667                      
BOKA Energy LP [Member]                        
Non compensatory options acquire | $             $ 8,000