XML 21 R7.htm IDEA: XBRL DOCUMENT v3.25.3
Consolidated Condensed Statements of Cash Flows (Unaudited) - USD ($)
9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
CASH FLOWS FROM OPERATING ACTIVITIES    
Net loss $ (8,004,637) $ (41,815,716)
Adjustments to reconcile net loss to net cash (used in) provided by operating activities:    
Depreciation and amortization 4,338,799 16,211,516
Amortization of operating lease right-of-use asset 965,966 2,165,370
Foreign exchange (gain) loss 930,478 (487,908)
Stock based compensation 1,678,575 11,275,554
Non-cash interest expense 2,463,533 2,259,247
Unrealized (gain) loss on derivative asset (721,223) 878,096
Loss on deconsolidation 12,959,923
Loss (gain) on lease termination 26,268 (72,159)
Loss on sale of property, plant and equipment 18,262
Bad debt expense 1,046,709
Changes in operating assets and liabilities:    
Trade and other receivables 364,690 (731,355)
Operating lease liabilities (927,732) (1,600,314)
Other current assets (340,889) (1,014,710)
Trade and other payables (5,254,030) 3,060,628
Net cash (used in) provided by operating activities (3,433,493) 3,106,434
CASH FLOWS FROM INVESTING ACTIVITIES    
Capital expenditures (69,806) (1,934,610)
Proceeds from sales of property, plant and equipment 836,956
Net cash used in investing activities (69,806) (1,097,654)
CASH FLOWS FROM FINANCING ACTIVITIES    
Payment of finance lease liabilities (309,882) (226,773)
Payments of loans (500,000)
Net cash used in financing activities (309,882) (726,773)
Net (decrease) increase in cash and cash equivalents (3,813,181) 1,282,007
Cash and cash equivalents at beginning of period 6,089,837 4,476,339
Cash and cash equivalents at end of period 2,276,656 5,758,346
Supplemental disclosure of cash flow information    
Cash paid for interest 16,750 29,903
Cash (received) paid for income taxes $ (25,905) $ 777,500