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Investment In Unconsolidated Entities (Tables) | 12 Months Ended
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Dec. 31, 2024
Equity Method Investments and Joint Ventures [Abstract] |
Schedule of Investment in Unconsolidated Entities | The Company's investments in unconsolidated entities consisted of the following as of December 31, 2024 and 2023:
|  | December 31, |
|  | 2024 |  |  | 2023 |
CIC Limited |  | $ | 5,003,449 |  |  | $ | 4,514,618 |
Ocean Minerals, LLC |  |  | 4,882,330 |  |  |  | 4,487,028 |
Chatham Rock Phosphate, Limited |  |  | — |  |  |  | — |
Neptune Minerals, Inc. |  |  | — |  |  |  | — |
Investment in unconsolidated entities |  | $ | 9,885,779 |  |  | $ | 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 |
Schedule Of Financial Information | The following tables provide summarized financial information for OML, the Company’s equity method accounted investee, not adjusted for the percentage ownership of the Company, compiled from OML’s financial statements, reported on a three-month lag period with an estimate of the most recent quarter results.
|  | Year Ended |
|  | December 31, 2024 |
Revenue |  | $ | 4,982,246 |
General expenses |  |  | (3,160,477 | )
Payroll expenses |  |  | (1,852,828 | )
Net Loss |  | $ | (2,925,000 | )
|  | As of December 31, 2024 |
Total Assets |  | $ | 37,328,006 |
Total Liabilities |  | $ | 11,329,642 |

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