v3.24.1
CONSOLIDATED BALANCE SHEETS - USD ($)
Dec. 31, 2023
Dec. 31, 2022
Current assets:    
Cash $ 906,060 $ 3,239,349
Accounts receivable, net 8,545,449 5,276,622
Inventory, net 9,795,969 10,276,662
Prepaids and other current assets 406,358 158,107
Total current assets 19,653,836 18,950,740
Oil and gas properties, full cost method    
Proved oil and gas properties, net 1,083,576 1,285,918
Total oil and gas properties, net 1,083,576 1,285,918
Fixed assets, net 1,639,759 1,716,200
Right of use assets, net 3,900,632 4,357,328
ESG Clean Energy license, net 4,268,437 4,577,131
Other intangibles - Simson Maxwell, net 2,417,145 3,254,600
Other intangibles - Variable Interest Entities 15,433,340 15,433,340
Goodwill 52,970,485 0
Due from related parties 334,437 327,132
Deposits and other assets 10,300 10,300
TOTAL ASSETS 101,711,947 49,912,689
Current liabilities:    
Accounts payable 6,759,819 3,905,247
Accrued expenses and other current liabilities 10,993,350 1,248,301
Customer deposits 2,769,486 5,447,025
Due to Parent 0 6,572,300
Undistributed revenues and royalties 1,633,838 2,378,739
Current portion of operating lease liability 1,357,653 1,304,047
Due to related parties 643,121 629,073
Current portion of notes payable - related parties 407,154 56,916
Bank indebtedness - credit facility 3,365,995 3,111,350
Derivative liability 3,863,321 0
Current portion of long-term debt - net of discount 2,743 637,335
Total current liabilities 31,796,480 25,290,333
Long term debt - net of current portion and debt discount 39,971,927 2,106,281
Notes payable - related parties - net of current portion 578,863 627,153
Operating lease liability, net of current portion 2,588,287 3,160,654
Contingent obligations 1,435,757 1,435,757
Asset retirement obligation 1,042,900 1,927,196
TOTAL LIABILITIES 77,414,214 34,547,374
Commitments and contingencies (Note 14) 0 0
STOCKHOLDERS' EQUITY    
Common stock, $0.001 par value, 500,000,000 shares authorized, 119,301,921 and 44,852,611 shares issued and outstanding as of December 31, 2023 and December 31, 2022, respectively 119,302 44,853
Additional paid-in capital 169,460,183 127,757,269
Accumulated other comprehensive loss (248,814) (425,677)
Accumulated deficit (154,837,638) (122,187,673)
Parent's stockholders' equity in Camber 14,493,070 5,188,805
Non-controlling interest 9,804,663 10,176,510
TOTAL STOCKHOLDERS' EQUITY 24,297,733 15,365,315
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY 101,711,947 49,912,689
Series A Preferred Stock [Member]    
STOCKHOLDERS' EQUITY    
Preferred Stock Value 28 28
Series C Preferred Stock [Member]    
STOCKHOLDERS' EQUITY    
Preferred Stock Value 1 0
Series G Preferred Stock [Member]    
STOCKHOLDERS' EQUITY    
Preferred Stock Value 5 0
Series H Preferred Stock    
STOCKHOLDERS' EQUITY    
Preferred Stock Value $ 3 $ 5

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