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Condensed Consolidated Balance Sheets - USD ($)
Mar. 31, 2024
Dec. 31, 2023
CURRENT ASSETS    
Cash and cash equivalents $ 2,078,055 $ 4,021,720
Accounts and other related party receivables 59,126 110,320
Other current assets 587,834 743,439
Total current assets 2,725,015 4,875,479
NON-CURRENT ASSETS    
Option to purchase equity securities in related party 6,312,302 6,373,402
Investment in unconsolidated entities 9,057,563 9,001,646
Bismarck exploration license 1,821,251 1,821,251
Property and equipment, net 609,431 524,656
Right of use - operating leases 73,950 121,568
Other non-current assets 34,295 34,295
Total non-current assets 17,908,792 17,876,818
Total assets 20,633,807 22,752,297
CURRENT LIABILITIES    
Accounts payable 1,298,533 345,378
Accrued expenses 9,381,812 8,493,358
Operating lease liability, current portion 78,497 129,140
Forward contract liability 1,446,796 1,446,796
Put option liability 4,384,777 5,637,162
Loans payable, current portion 16,306,076 15,413,894
Total current liabilities 32,896,491 31,465,728
LONG-TERM LIABILITIES    
Loans payable 8,415,218 7,903,074
Warrant liabilities 16,733,568 15,792,385
Litigation financing and other 53,028,677 52,817,938
Deferred contract liability 618,606 679,706
Total long-term liabilities 78,796,069 77,193,103
Total liabilities 111,692,560 108,658,831
Commitments and contingencies (NOTE 9)
STOCKHOLDERS' DEFICIT    
Preferred stock - $.0001 par value; 24,984,166 shares authorized; none outstanding 0 0
Common stock - $.0001 par value; 75,000,000 shares authorized; 20,428,173 and 20,420,896 issued and outstanding 2,043 2,042
Additional paid-in capital 257,542,998 263,616,186
Accumulated deficit (292,598,933) (296,096,957)
Total stockholders' deficit before non-controlling interest (35,053,892) (32,478,729)
Non-controlling interest (56,004,861) (53,427,805)
Total stockholders' deficit (91,058,753) (85,906,534)
Total liabilities and stockholders' deficit $ 20,633,807 $ 22,752,297