v3.23.3
Consolidated Balance Sheets - USD ($)
Sep. 30, 2023
Dec. 31, 2022
Current assets:    
Cash $ 1,432,599 $ 3,239,349
Accounts receivable, net 6,496,069 5,276,622
Inventory 9,533,284 10,276,662
Prepaids and other current assets 482,902 158,107
Total current assets 17,944,854 18,950,740
Oil and gas properties, full cost method    
Proved oil and gas properties, net 2,595,847 1,285,918
Total oil and gas properties, net 2,595,847 1,285,918
Fixed assets, net 1,604,257 1,716,200
Right of use assets, net 3,411,385 4,357,328
ESG Clean Energy license, net 4,346,245 4,577,131
Other intangibles - Simson Maxwell, net 3,129,136 3,254,600
Other intangibles - Variable Interest Entities 15,433,340 15,433,340
Goodwill 52,970,485 0
Due from related parties 326,053 327,132
Deposits and other assets 10,300 10,300
TOTAL ASSETS 101,771,902 49,912,689
Current liabilities:    
Accounts payable 5,288,498 3,905,247
Accrued expenses and other current liabilities 6,785,089 1,248,301
Customer deposits 3,156,514 5,447,025
Due to Parent 0 6,572,300
Undistributed revenues and royalties 2,295,259 2,378,739
Current portion of operating lease liability 1,201,563 1,304,047
Due to related parties 627,001 629,073
Current portion of notes payable - related parties 395,964 56,916
Bank indebtedness - credit facility 4,324,791 3,111,350
Derivative liability 3,319,210 0
Current portion of long-term debt - net of discount 2,743 637,335
Total current liabilities 27,396,632 25,290,333
Long term debt - net of current portion and debt discount 38,849,855 2,106,281
Notes payable - related parties - net of current portion 579,780 627,153
Operating lease liability, net of current portion 2,260,844 3,160,654
Contingent obligations 1,435,757 1,435,757
Asset retirement obligation 2,059,842 1,927,196
TOTAL LIABILITIES 72,582,710 34,547,374
Commitments and contingencies (Note 14) 0 0
STOCKHOLDERS' EQUITY    
Common stock, $0.001 par value, 500,000,000 shares authorized, 107,531,250 and 44,852,611 shares issued and outstanding as of September 30, 2023 and December 31, 2022, respectively 107,531 44,853
Additional paid-in capital 166,669,397 127,757,269
Accumulated other comprehensive loss (304,182) (425,677)
Accumulated deficit (147,393,746) (122,187,673)
Parent's stockholders' equity in Camber 19,079,037 5,188,805
Non-controlling interest 10,110,155 10,176,510
TOTAL STOCKHOLDERS' EQUITY 29,189,192 15,365,315
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY 101,771,902 49,912,689
Series A Preferred Stock [Member]    
Oil and gas properties, full cost method    
Preferred stock, value 28 28
Series C Preferred Stock [Member]    
Oil and gas properties, full cost method    
Preferred stock, value 1 0
Series G Preferred Stock [Member]    
Oil and gas properties, full cost method    
Preferred stock, value 5 0
Series H Preferred Stock    
Oil and gas properties, full cost method    
Preferred stock, value $ 3 $ 5

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