XML 79 R63.htm IDEA: XBRL DOCUMENT v3.25.1
RELATED PARTY TRANSACTIONS (Details Narrative) - USD ($)
Jun. 21, 2024
Dec. 31, 2024
Sep. 10, 2024
Dec. 31, 2023
Sep. 16, 2022
May 13, 2021
Related Party Transaction [Line Items]            
Accounts Receivable Related Party   $ 1,556,531   $ 491,774    
Principal amount   2,649,197 $ 750,000 1,697,757 $ 300,000  
Vernmont Renewable Gas LLC [Member]            
Related Party Transaction [Line Items]            
Principal amount $ 12,000,000          
Debt instrument description The Loan shall bear interest on the amount outstanding at a rate equal to the 12-month Secured Overnight Financing Rate (SOFR) as published by the Federal Reserve Bank of New York plus 4.75% per annum. Under the Loan Agreement, the $12 million loan shall be secured by (i) two contracts of VRG and (ii) a corporate guarantee provided by the Company (the “Corporate Guarantee”) pursuant to which the Company agreed to absolutely and unconditionally guarantees, on a continuing basis, to the Lenders the prompt payment to the Lenders when due at maturity all of VRG’s liabilities and obligations under the Loan Agreement. Under the Loan Agreement, the Lenders may also convert up to 30% of the amount of loan disbursed into shares of common stock of the Company, at the exercise price of 15% discounted value of the then-current share price of the common stock of the Company. AMEC Business Advisory Pte. Ltd., a company incorporated in Singapore (the “AMEC”) may assume or acquire up to 50% of the total loan amount under the Loan Agreement and seeks the option to convert an extra 10% of the amount of loan disbursed, in addition to a pro-rata portion of the 30% conversion right.          
Vermont Renewable Gas LLC [Member]            
Related Party Transaction [Line Items]            
Accounts Receivable, after Allowance for Credit Loss, Current   110,517   $ 801,086    
Accounts Receivable Related Party   $ 1,556,531        
CETY Capital LLC [Member]            
Related Party Transaction [Line Items]            
Equity method investment ownership percentage           49.00%
Vermont Renewable Gas LLC [Member]            
Related Party Transaction [Line Items]            
Equity method investment ownership percentage           51.00%
Vernmont Renewable Gas LLC [Member]            
Related Party Transaction [Line Items]            
Equity method investment ownership percentage 49.00%