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v3.24.1.1.u2

Financing Arrangements (Details Narrative) - USD ($) |  | 3 Months Ended |  |  |
--- | --- | --- | --- | --- | ---
Jan. 03, 2012 | Mar. 31, 2024 | Mar. 31, 2023 | Dec. 31, 2023 | Oct. 10, 2022 | Aug. 26, 2014
Unsecured loans |  |  |  | $ 2,000,000.0 |  |
Interest rate |  |  |  | 6.00% |  |
Gain on debt extinguishment |  | $ 53,642 | $ 13,410 |  |  |
EB-5 |  |  |  |  |  |
Interest expense |  | 122,000 | 133,000 |  |  |
Total interest expense |  | $ 384,000 | 399,000 |  |  |
Weighted average interest rate |  | 3.90% |  | 3.90% |  |
Clean Energy Funding, LP |  |  |  |  |  |
Other loans | $ 45,000,000.0 |  |  |  |  |
Proceeds from loans | $ 45,000,000.0 |  |  |  |  |
Principal loan balance |  | $ 7,000,000.0 |  | $ 8,000,000.0 |  |
Clean Energy Funding II, LP |  |  |  |  |  |
Other loans |  |  |  |  |  | $ 13,000,000.0
Principal loan balance |  | $ 3,000,000.0 |  | $ 3,000,000.0 |  |
Covertible Notes |  |  |  |  |  |
Interest rate |  | 4.00% |  |  |  |
Gain on debt extinguishment |  | $ 54,000 | $ 13,000 |  |  |
Security Deposit [Member] | Owner of Company |  |  |  |  |  |
Unsecured loans |  |  |  |  | $ 944,077 |
Senior Notes One [Member] | SMX Property |  |  |  |  |  |
Unsecured loans |  | $ 414,581 |  |  | 944,077 |
Interest rate |  |  |  | 8.00% |  |
Senior Notes Two [Member] | SMX Property |  |  |  |  |  |
Unsecured loans |  |  |  |  | $ 414,581 |

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