XML 24 R6.htm IDEA: XBRL DOCUMENT v3.25.1
Consolidated Statements of Changes in Stockholders’ Equity (Deficit) - USD ($)
Owner’s Equity
Common Stock
Class A
Common Stock
Class B
Common Stock
Additional Paid-In Capital
Accumulated deficit
Total Stockholders’ (Deficit) Equity Attributable to HNR Acquisition Corp.
Noncontrolling Interest
Total
Balance at Dec. 31, 2022 $ 28,504,247                
Net income (loss) 4,970,863                
Equity-based compensation                
Balance at Nov. 14, 2023 $ 33,475,110 $ 346 $ (9,719,485) $ (10,079,371) $ (19,798,856) $ (19,798,856)
Balance (in Shares) at Nov. 14, 2023   3,457,813          
Reclassification of shares under two class structure and non-redemptions   $ 346 $ (346)
Reclassification of shares under two class structure and non-redemptions (in Shares)   3,457,813   (3,457,813)          
Reclassification of Public shares not redeemed   $ 45 4,878,030 4,878,075 4,878,075
Reclassification of Public shares not redeemed (in Shares)   445,626              
Shares reclassified under Non redemption agreement   $ 60 6,567,879 6,567,939 6,567,939
Shares reclassified under Non redemption agreement (in Shares)   600,000              
Shares not redeemed under forward purchase agreement to FPA Seller   $ 14 1,533,272 1,533,286 1,533,286
Shares not redeemed under forward purchase agreement to FPA Seller (in Shares)   140,070              
Excise tax imposed on common stock redemptions   (38,172) (38,172) (38,172)
Forward purchase agreement prepayment   8,190,554 8,190,554 8,190,554
Share-based compensation   $ 38 3,445,927 3,445,965 3,445,965
Share-based compensation (in Shares)   381,622              
Shares issued for Acquisition   $ 21 $ 180 1,421,679 1,421,880 33,406,414 34,828,297
Shares issued for Acquisition (in Shares)   210,000 1,800,000            
Net income (loss)   (9,001,202) (9,001,202) (9,001,202)
Balance at Dec. 31, 2023   $ 524 $ 180 16,317,856 (19,118,745) (2,800,185) 33,406,414 30,606,229
Balance (in Shares) at Dec. 31, 2023   5,235,131 1,800,000          
Balance at Dec. 31, 2023   $ 524 $ 180 16,317,856 (19,118,745) (2,800,185) 33,406,414 30,606,229
Balance (in Shares) at Dec. 31, 2023   5,235,131 1,800,000          
Share-based compensation   $ 84 2,778,907 2,778,991 2,778,991
Share-based compensation (in Shares)   848,074              
Shares issued under equity line of credit   $ 223 2,628,111 2,628,334 2,628,334
Shares issued under equity line of credit (in Shares)   2,230,000              
Class B exchanged for Class A   $ 130 $ (130) 8,801,000 8,801,000 (8,801,000)
Class B exchanged for Class A (in Shares)   1,300,000 (1,300,000)            
Shares issued to settle FPA   $ 45 449,955 450,000 450,000
Shares issued to settle FPA (in Shares)   450,000              
Shares issued to settle accounts payable   $ 26 336,174 336,200   336,200
Shares issued to settle accounts payable (in Shares)   260,000              
Net income (loss)   (9,080,283) (9,080,283) (9,080,283)
Balance at Dec. 31, 2024   $ 1,032 $ 50 $ 31,312,003 $ (28,199,028) $ 3,114,057 $ 24,605,414 $ 27,719,471
Balance (in Shares) at Dec. 31, 2024   10,323,205 500,000