Annual report pursuant to Section 13 and 15(d)

Notes Payable (Tables)

v3.23.1
Notes Payable (Tables)
12 Months Ended
Dec. 31, 2022
Notes Payable Table [Abstract]  
Schedule of notes payable consisted
    December 31,
2022
    December 31,
2021
 
Convertible secured debentures   $ 36,530,320     $
-
 
RCB Equities #1, LLC term loan credit agreement    
-
      14,708,333  
Contingently convertible promissory notes:                
Schlumberger Technology Corp.    
-
      1,500,000  
Transocean Inc.    
-
      1,500,000  
Goradia Capital LLC    
-
      5,000,000  
Material Impact Fund II, LP    
-
      5,000,000  
In-Q-Tel, Inc.    
-
      250,000  
Total     36,530,320       27,958,333  
Less: debt discount, net     (20,608,202 )    
-
 
Less: current portion    
-
      (13,250,000 )
Total notes payable – long-term   $ 15,922,118     $ 14,708,333