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Business Combinations (Tables)
6 Months Ended
Jun. 30, 2025
Business Combinations [Abstract]  
Schedule of Purchase Price to the Assets Acquired and Liabilities Assumed

The following table summarizes the preliminary allocation of the purchase price to the assets acquired and liabilities assumed for the Merger:  

 

Cash and cash equivalents  $77,013 
Accounts receivable   49,418 
Inventory   469,961 
Oil and gas, on the basis of full cost accounting   2,441,712 
Property, plant and equipment   168,609 
Reserves   1,560,000 
Goodwill   38,350,202 
Investment   34,000 
Intangible assets   812,938 
Project development cost and other assets   2,244 
Accounts payable and accrued expenses   (1,601,573)
Due to related parties   (3,476,828)
Contract liabilities   (552,500)
Long-term debt   (3,765,596)
Total consideration  $(34,569,600)
Schedule of Assets Acquired and Liabilities Assumed in the Asset Purchase Agreement

The following table summarizes the preliminary allocation of the purchase price to the assets acquired and liabilities assumed in the Asset Purchase Agreement:  

 

Property, plant and equipment  $214,000 
Goodwill   786,000 
Total consideration  $1,000,000 
Schedule of Assets Acquired and Liabilities Assumed in the Second Asset Purchase Agreement

The following table summarizes the preliminary allocation of the purchase price to the assets acquired and liabilities assumed in the Second Asset Purchase Agreement:  

 

Oil and gas properties  $1,000,000 
Total consideration  $1,000,000 
Schedule of Unaudited Pro Forma Consolidated Results of Operations

The following unaudited pro forma consolidated results of operations for the three months ended June 30, 2025 and 2024 assume the acquisitions of NAHD, County Line and Sherman Oil were completed on January 1, 2024:

 

   For the
Three Months
Ended
June 30,
2025
   For the
Three Months
Ended
June 30,
2024
 
   (Unaudited)   (Unaudited) 
Pro-forma total revenues  $745,859   $1,526,820 
Pro-forma net loss  $(4,549,362)  $(4,505,436)

 

The following unaudited pro forma consolidated results of operations for the six months ended June 30, 2024 assume the acquisitions of NAHD, County Line and Sherman Oil were completed on January 1, 2024:

 

   For the
Six  Months
Ended
June 30,
2025
   For the
Six  Months
Ended
June 30,
2024
 
   (Unaudited)   (Unaudited) 
Pro-forma total revenues  $1,747,905   $2,816,225 
Pro-forma net loss  $(7,117,796)  $(8,764,180)