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Debt (Tables)

9 Months Ended

Sep. 30, 2025

Debt Disclosure [Abstract]

Schedule of debt

The following is a summary of debt as of September 30, 2025 and December 31, 2024:

			September 30, 2025						December 31, 2024
Term loan			$	627,727					$	1,445,345
Promissory Notes - August 16, 2024 (3)			853,841						884,676
Promissory Notes - August 27, 2024 (1)			—						516,818
Senior Convertible Notes - October 2024 (2)			33,623						2,475,162
Senior Convertible Notes - December 2024			30,443						250,000
Senior Convertible Notes - May 2025 (2)			895,497						—
Senior Convertible Notes - September 2025 (2)			100,926						—
Promissory Notes - Fermata Energy II LLC			570,616						—
Total outstanding principal balance			3,112,673						5,572,001
Less: unamortized debt issuance costs and discounts			(77,949)						(84,170)
Total debt			3,034,724						5,487,831
Less: current portion of long-term debt			2,194,224						4,647,331
Long-term debt, net of current portion			$	840,500					$	840,500

__________________

(1) Principal balance and interest was fully repaid as of March 31, 2025.

(2) Amount represents the fair value of the convertible notes.

(3) Amount includes accrued interest.

Schedule of Maturities of Debt Obligations

As of September 30, 2025, the total future maturities of the principal amounts of the debt obligations are as follows:

2025 (remaining three months)			$	1,623,608
2026			570,616
2027			840,500
			3,034,724

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					$	627,727					2.16		%				112.60		%

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Schedule Of Term Loan

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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.

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Tabular disclosure of maturity and sinking fund requirement for long-term debt.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-SubTopic 10
-Topic 470
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481544/470-10-50-1

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