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Debt (Tables) | 6 Months Ended
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Jun. 30, 2025
Debt Disclosure [Abstract] |
Schedule of debt | The following is a summary of debt as of June 30, 2025 and December 31, 2024:
| June 30, 2025 |  | December 31, 2024 |
Term loan | $ | 1,266,474 |  |  | $ | 1,445,345 |  |
Promissory Notes - August 16, 2024 (3) | 901,558 |  |  | 884,676 |  |
Promissory Notes - August 27, 2024 (1) | — |  |  | 516,818 |  |
Promissory Notes - February 2025 (3) | 276,293 |  |  | — |  |
Senior Convertible Notes - October 2024 (2) | 152,909 |  |  | 2,475,162 |  |
Senior Convertible Notes - December 2024 | 98,571 |  |  | 250,000 |  |
Senior Convertible Notes - May 2025 (2) | 2,135,181 |  |  | — |  |
Promissory Notes - Fermata Energy II LLC | 444,880 |  |  | — |  |
Total outstanding principal balance | 5,275,867 |  |  | 5,572,001 |  |
Less: unamortized debt issuance costs and discounts | (55,903) |  |  | (84,170) |  |
Total debt | 5,219,964 |  |  | 5,487,831 |  |
Less: current portion of long-term debt | 3,758,877 |  |  | 4,647,331 |  |
Long-term debt, net of current portion | $ | 1,461,087 |  |  | $ | 840,500 |  |
__________________ (1) Principal balance and interest of was fully repaid as of March 31, 2025. (2) Amount represents the fair value of the convertible notes. (3) Amount include accrued interest.
Schedule of Maturities of Debt Obligations | As of June 30, 2025, the total future maturities of the principal amounts of the debt obligations are as follows:
2025 (remaining six months) | $ | 2,868,549 |
2026 | 1,244,915 |
2027 | 1,106,500 |
| 5,219,964 |
Schedule of term loan | The following is a summary description of the key terms of the Term Loan:
Debt |  | Debt Origination Date |  | Maturity |  | Principal Amount Borrowed |  | Carrying Value |  | Weighted Weekly Average Interest Rate |  | Weighted Annual Average Interest Rate
Term loan |  | 8/9/2024 |  | 3/6/2025 |  | $ | 1,000,000 |  |  | $ | — |  |  | 2.96 | % |  | 153.90 | %
Term loan |  | 11/27/2024 |  | 6/27/2025 |  | $ | 1,000,000 |  |  | $ | — |  |  | 2.96 | % |  | 153.90 | %
Term loan |  | 3/31/2025 |  | 3/31/2026 |  | $ | 1,750,000 |  |  | $ | 1,266,474 |  |  | 2.16 | % |  | 112.60 | %

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- Definition Tabular disclosure of information pertaining to short-term and long-debt instruments or arrangements, including but not limited to identification of terms, features, collateral requirements and other information necessary to a fair presentation. + References No definition available. + Details
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