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Condensed Consolidated Balance Sheets - USD ($)
Sep. 30, 2025
Dec. 31, 2024
CURRENT ASSETS    
Cash and cash equivalents $ 5,816,220 $ 4,791,743
Accounts and other related party receivables 67,320 285,764
Other current assets 321,434 683,626
Total current assets 6,204,974 5,761,133
NON-CURRENT ASSETS    
Investment in unconsolidated entities 8,864,428 9,885,779
Option to purchase equity securities in related party 334,974 455,416
Bismarck exploration license 1,821,251 1,821,251
Property and equipment, net 479,099 534,016
Other non-current assets 34,296 34,295
Total non-current assets 11,534,048 12,730,757
Total assets 17,739,022 18,491,890
CURRENT LIABILITIES    
Accounts payable 507,406 748,403
Accrued expenses 9,416,238 8,634,576
Loans payable, current portion 6,485,754 13,084,379
Total current liabilities 16,409,398 22,467,358
Loans payable 3,902,252 9,851,151
Debt derivative liabilities 1,474,000 3,052,000
Warrant liabilities 14,201,314 4,798,759
Litigation financing 64,716,855 56,950,377
Deferred contract liability 334,974 455,416
Total liabilities 101,038,793 97,575,061
Commitments and contingencies (Note 9)
STOCKHOLDERS' DEFICIT    
Preferred stock - $0.0001 par value; 24,984,166 shares authorized; none issued and outstanding 0 0
Common stock - $0.0001 par value; 75,000,000 shares authorized; 50,384,898 and 28,825,333 issued and outstanding 5,039 2,883
Additional paid-in capital 260,708,273 264,191,579
Accumulated deficit (306,118,162) (280,439,023)
Total stockholders' deficit before non-controlling interest (45,404,850) (16,244,561)
Non-controlling interest (37,894,921) (62,838,610)
Total stockholders' deficit (83,299,771) (79,083,171)
Total liabilities and stockholders' deficit $ 17,739,022 $ 18,491,890