XML 20 R5.htm IDEA: XBRL DOCUMENT v3.23.1
CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY(DEFICIT) - USD ($)
Weighted average remaining contractual life (years)
Common Stock [Member]
Additional Paid-in Capital [Member]
Treasury Stocks [Member]
Retained Earnings [Member]
Noncontrolling Interest [Member]
Total
Beginning balance, value at Dec. 31, 2020 [1] $ 67 $ 11,256 $ 45,623,146 $ (20,000) $ (30,204,992) $ 1,279,089 $ 16,688,566
Beginning balance, shares at Dec. 31, 2020 [1] 66,667 11,255,967          
Common Stock issued for services [1] $ 34 437,970 438,004
Common Stock issued for services, shares [1]   33,667          
Common Stock issued for a reduction of liabilities [1] $ 68 495,731 495,799
Common stock issued for a reduction in liabilities, shares [1]   68,611          
Common Stock issued for the purchase of a license [1]   $ 17 224,983 225,000
Common Stock issued for the purchase of a license, shares [1]   16,667          
Conversion of temporary equity Series B, B-1, and C-1 Preferred Stock to Common Stock [1] $ 956 9,466,648 9,467,604
Conversion of temporary equity Series B, B-1, and C-1 Preferred Stock to Common Stock, shares [1]   955,947          
Stock options issued for services 1,585,000 1,585,000
Stock based compensation 446,112 446,112
Distributions by noncontrolling interest (55,050) (55,050)
Issuance of noncontrolling interest for a reduction of debt 5,560,000 5,560,000
Dividend paid in Series B-1 Preferred Stock (42,196) (42,196)
Net loss (5,484,171) (1,771,535) (7,255,706)
Ending balance, value at Dec. 31, 2021 [1] $ 67 $ 12,331 58,279,590 (20,000) (35,731,359) 5,012,504 27,553,133
Ending balance, shares at Dec. 31, 2021 [1] 66,667 12,330,859          
Common Stock issued for stock awards $ 16 (16)      
Common Stock issued for stock awards, shares   16,667          
Common Stock issued for a reduction of liabilities $ 273 1,144,719 1,144,992
Common stock issued for a reduction in liabilities, shares   272,156          
Conversion of Series A Preferred Stock to Common Stock $ (67) $ 833 (766)
Conversion of Series A Preferred Stock to Common Stock, shares (66,667) 833,333          
Common Stock issued for cash $ 1,600 6,238,400 6,240,000
Common Stock issued for cash, shares 1,600,000          
Common stock issued for fractional shares from reverse stock split $ 2 2
Common stock issued for fractional shares from reverse stock split, shares 2,271          
Common stock issued as part consideration for the purchase of Silver Fuels Delhi, LLC and White Claw Colorado City, LLC $ 3,010 4,284,645 4,287,655
Common stock issued as part consideration for the purchase of Silver Fuels Delhi, LLC and White Claw Colorado City, LLC, shares 3,009,552          
Stock options issued for services 1,472,888 1,472,888
Stock based compensation 2,606,703 2,606,703
Distributions by noncontrolling interest (861,691) (861,691)
Issuance of noncontrolling interest for a reduction of debt 4,865,000 4,865,000
Net loss (19,438,422) (809,199) (20,247,621)
Ending balance, value at Dec. 31, 2022 $ 18,065 $ 74,026,163 $ (20,000) $ (55,169,781) $ 8,206,614 $ 27,061,061
Ending balance, shares at Dec. 31, 2022 18,064,838          
[1] Share and per share amounts have been retroactively adjusted to reflect the one-for-thirty reverse stock split effective February 14, 2022. See Note 1 – Organization and Basis of Presentation for additional information.