XML 18 R7.htm IDEA: XBRL DOCUMENT v3.25.2
Consolidated Condensed Statements of Cash Flows (Unaudited) - USD ($)
 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
CASH FLOWS FROM OPERATING ACTIVITIES    
Net loss $ (8,332,296) $ (29,587,978)
Adjustments to reconcile net loss to net cash (used in) provided by operating activities:    
Depreciation and amortization 2,994,032 12,595,980
Amortization of operating lease right-of-use asset 627,398 629,341
Foreign exchange (gain) loss 743,835 482,549
Stock based compensation 3,078,764 5,023,797
Non-cash interest expense 1,597,880 1,066,645
Unrealized (gain) loss on derivative asset (1,922,521) 88,950
Loss on deconsolidation 12,010,652
Loss on lease termination 26,367 14,522
Loss on sale of property, plant and equipment 18,262
Provision for doubtful accounts 977,755
Changes in operating assets and liabilities:    
Trade and other receivables 2,267,736 912,866
Operating lease liabilities (660,996) 101,649
Other current assets 934,392 (1,846,002)
Trade and other payables (4,921,330) 2,833,330
Net cash (used in) provided by operating activities (2,588,984) 4,344,563
CASH FLOWS FROM INVESTING ACTIVITIES    
Capital expenditures (54,633) (1,895,834)
Proceeds from sales of property, plant and equipment 480,553
Net cash used in investing activities (54,633) (1,415,281)
CASH FLOWS FROM FINANCING ACTIVITIES    
Payment of finance lease liabilities (206,588) (123,478)
Payments of loans (500,000)
Net cash used in financing activities (206,588) (623,478)
Net (decrease) increase in cash and cash equivalents (2,850,205) 2,305,804
Cash and cash equivalents at beginning of period 6,089,837 4,476,339
Cash and cash equivalents at end of period 3,239,632 6,782,143
Supplemental disclosure of cash flow information    
Cash paid for interest 14,321 420,058
Cash received for income taxes $ (25,905)