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Investment In Unconsolidated Entities (Tables)
3 Months Ended
Mar. 31, 2024
Equity Method Investments and Joint Ventures [Abstract]  
Schedule of Investment in Unconsolidated Entities
    
March 31,
2024
    
December 31,
2023
 
CIC Limited
   $ 4,647,483      $ 4,514,618  
Chatham Rock Phosphate, Limited
     —         —   
Neptune Minerals, Inc.
     —         —   
Ocean Minerals, LLC
     4,410,080        4,487,028  
  
 
 
    
 
 
 
Investment in unconsolidated entities
   $ 9,057,563      $ 9,001,646  
  
 
 
    
 
 
 
Schedule of Initial Closing Consideration
The Company determined that the initial Closing Consideration is as follows:
 
Cash consideration
   $ 1,000,000  
Fair value of Odyssey Retriever, Inc.
     3,280,261  
Fair value of the Second Closing
     676,921  
Fair value of the Third Closing
     769,875  
Fair value of the Equity Exchange Agreement
     4,516,007  
Transaction costs
     49,988  
  
 
 
 
Initial closing consideration
   $ 10,293,052