SMG Industries (SMGI) 10-Q 14 Nov 23 2023 Q3 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	9 Months Ended
	Sep. 30, 2023	Nov. 14, 2023
Document and Entity Information
Document Type	10-Q
Document Quarterly Report	true
Document Transition Report	false
Document Period End Date	Sep. 30, 2023
Entity File Number	000-54391
Entity Registrant Name	SMG INDUSTRIES, INC.
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	51-0662991
Entity Address, Address Line One	20475 State Hwy 249, Suite 450
Entity Address, City or Town	Houston
Entity Address, State or Province	TX
Entity Address, Postal Zip Code	77070
City Area Code	713
Local Phone Number	955-3497
Title of 12(b) Security	None
Trading Symbol	SMGI
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Non-accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		268,054,820
Entity Central Index Key	0001426506
Current Fiscal Year End Date	--12-31
Document Fiscal Year Focus	2023
Document Fiscal Period Focus	Q3
Amendment Flag	false

CONSOLIDATED BALANCE SHEETS (Un

CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)	Sep. 30, 2023	Dec. 31, 2022
Current assets:
Cash and cash equivalents	$ 3,668,846	$ 127,225
Restricted cash	1,139,584	1,105,818
Accounts receivable, net of allowance for credit losses of $823,162 and $855,832 as of September 30, 2023 and December 31, 2022, respectively	16,962,507	12,185,792
Inventory	787,474
Prepaid expenses and other current assets	5,357,657	2,308,067
Current assets of discontinued operations	198,153
Total current assets	28,114,221	15,726,902
Property and equipment, net of accumulated depreciation of $19,341,254 and $15,329,817 as of September 30, 2023 and December 31, 2022, respectively	28,355,764	5,414,830
Intangible assets, net of accumulated amortization of $370,500 and $0 as of September 30, 2023 and December 31, 2022, respectively	13,689,500
Goodwill	2,346,884
Right of use assets - operating lease	3,396,463	734,504
Other assets	223,514	305,451
Total assets	76,126,346	22,181,687
Current liabilities:
Accrued expenses and other liabilities	7,424,983	2,844,501
Current portion of right of use liabilities - operating leases	948,291	650,945
Deferred revenue		128,000
Secured line of credit, net	10,035,836	10,623,887
Current portion of unsecured notes payable	4,725,665	2,465,445
Current portion of secured notes payable, net	29,577,004	6,987,802
Current portion of convertible note, net		7,327,288
Current liabilities of discontinued operations	431,889	262,255
Total current liabilities	55,970,978	34,817,793
Long term liabilities:
Notes payable - unsecured, net of current portion	2,086,906
Notes payable - secured, net of current portion	69,599	13,220,147
Right of use liabilities - operating leases, net of current portion	2,637,403	278,137
Long term liabilities of discontinued operations	355,215	387,748
Total liabilities	61,120,101	48,703,825
Commitments and contingencies
Stockholders' equity (deficit)
Common stock - $0.001 par value; 500,000,000 shares authorized; 268,054,940 and 39,180,297 shares issued and outstanding at September 30, 2023 and December 31, 2022, respectively	268,055	39,181
Additional paid in capital	62,544,267	18,081,457
Accumulated deficit	(47,806,078)	(44,642,776)
Total stockholders' equity (deficit)	15,006,245	(26,522,138)
Total liabilities and stockholders' equity (deficit)	76,126,346	22,181,687
Nonrelated Party
Current liabilities:
Accounts payable	2,725,011	2,962,067
Related Party
Current liabilities:
Accounts payable	102,299	565,603
Series A preferred stock
Stockholders' equity (deficit)
Preferred stock
Series C convertible preferred stock
Stockholders' equity (deficit)
Preferred stock	$ 1

CONSOLIDATED BALANCE SHEETS (_2

CONSOLIDATED BALANCE SHEETS (Unaudited) (Parenthetical) - USD ($)	Sep. 30, 2023	Dec. 31, 2022
Allowance for doubtful accounts	$ 823,162	$ 855,832
Accumulated depreciation	19,341,254	15,329,817
Accumulated amortization	$ 370,500	$ 0
Preferred stock, shares authorized (in shares)	1,000,000	1,000,000
Common stock, par value (in dollars per share)	$ 0.001	$ 0.001
Common stock, shares authorized (in shares)	500,000,000	500,000,000
Common stock, share issued (in shares)	268,054,940	39,180,297
Common stock, shares outstanding (in shares)	268,054,940	39,180,297
Series A preferred stock
Preferred stock, par value (in dollars per share)	$ 0.001	$ 0.001
Preferred stock, shares authorized (in shares)	2,000	2,000
Preferred stock, shares issued (in shares)	0	0
Preferred stock, shares outstanding (in shares)	0	0
Series B convertible preferred stock
Preferred stock, shares outstanding (in shares)	0	0
Series C convertible preferred stock
Preferred stock, par value (in dollars per share)	$ 0.001	$ 0.001
Preferred stock, shares authorized (in shares)	6,000	6,000
Preferred stock, shares issued (in shares)	1,333	0
Preferred stock, shares outstanding (in shares)	1,333	0

CONSOLIDATED STATEMENTS OF OPER

CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited)
REVENUES	$ 33,289,602	$ 19,331,484	$ 75,946,754	$ 53,589,434
COST OF REVENUES	31,006,950	18,070,208	68,108,398	49,731,153
GROSS PROFIT	2,282,652	1,261,276	7,838,356	3,858,281
OPERATING EXPENSES:
Selling, general and administrative	5,173,620	2,404,852	10,959,608	7,156,698
Total operating expenses	5,173,620	2,404,852	10,959,608	7,156,698
LOSS FROM OPERATIONS	(2,890,968)	(1,143,576)	(3,121,252)	(3,298,417)
OTHER INCOME (EXPENSE)
Transaction costs	(743,591)		(743,591)
Interest expense, net	(1,287,702)	(2,635,875)	(6,157,238)	(7,433,606)
Interest income	35,286		35,286
Other income	279,374		302,176
Other expense	(1,814)		(205,443)
Gain on disposal of assets		17,500		351,904
Gain on settlement of debt	3,381,248	564,814	3,381,248	564,814
Total other income (expense)	1,662,801	(2,053,561)	(3,387,562)	(6,516,888)
NET LOSS FROM CONTINUING OPERATIONS	(1,228,167)	(3,197,137)	(6,508,814)	(9,815,305)
Loss from discontinued operations	(6,555)	(2,852)	(14,828)	(36,090)
NET LOSS	(1,234,722)	(3,199,989)	(6,523,642)	(9,851,395)
Preferred stock dividends	(126,547)		(126,547)
NET LOSS AVAILABLE TO COMMON SHAREHOLDERS	$ (1,361,269)	$ (3,199,989)	$ (6,650,189)	$ (9,851,395)
Net loss per common share
Continuing operations, Basic (in dollars per share)	$ (0.01)	$ (0.09)	$ (0.06)	$ (0.28)
Continuing operations, Diluted (in dollars per share)	(0.01)	(0.09)	(0.06)	(0.28)
Discontinued operations, Basic (in dollars per share)	0	0	0	0
Discontinued operations, Diluted (in dollars per share)	0	0	0	0
Net loss attributable to common shareholders, Basic (in dollars per share)	(0.01)	(0.09)	(0.06)	(0.28)
Net loss attributable to common shareholders, Diluted (in dollars per share)	$ (0.01)	$ (0.09)	$ (0.06)	$ (0.28)
Weighted average common shares outstanding
Basic (in shares)	252,469,836	36,919,922	115,845,835	35,459,322
Diluted (in shares)	252,469,836	36,919,922	115,845,835	35,459,322

CONSOLIDATED STATEMENTS OF CHAN

CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY (DEFICIT) (Unaudited) - USD ($)	Series C preferred stock Preferred Stock	Series C preferred stock Additional Paid In Capital	Series C preferred stock	Preferred Stock	Common Stock	Additional Paid In Capital	Accumulated Deficit	Total
Beginning balance at Dec. 31, 2021					$ 33,732	$ 16,845,873	$ (33,032,536)	$ (16,152,931)
Beginning balance (in shares) at Dec. 31, 2021					33,731,162
Share based compensation						15,605		15,605
Shares issued for deferred financing costs					$ 1,393	396,380		397,773
Shares issued for deferred financing costs (in shares)					1,393,648
Net Income (Loss)							(3,631,130)	(3,631,130)
Ending balance at Mar. 31, 2022					$ 35,125	17,257,858	(36,663,666)	(19,370,683)
Ending balance (in shares) at Mar. 31, 2022					35,124,810
Beginning balance at Dec. 31, 2021					$ 33,732	16,845,873	(33,032,536)	(16,152,931)
Beginning balance (in shares) at Dec. 31, 2021					33,731,162
Net Income (Loss)								(9,851,395)
Ending balance at Sep. 30, 2022					$ 39,181	18,066,311	(42,883,931)	(24,778,439)
Ending balance (in shares) at Sep. 30, 2022					39,180,297
Beginning balance at Mar. 31, 2022					$ 35,125	17,257,858	(36,663,666)	(19,370,683)
Beginning balance (in shares) at Mar. 31, 2022					35,124,810
Share based compensation						15,146		15,146
Net Income (Loss)							(3,020,276)	(3,020,276)
Ending balance at Jun. 30, 2022					$ 35,125	17,273,004	(39,683,942)	(22,375,813)
Ending balance (in shares) at Jun. 30, 2022					35,124,810
Share based compensation						15,146		15,146
Shares issued for debt extension					$ 3,306	640,161		643,467
Shares issued for debt extension (in shares)					3,305,487
Net Income (Loss)							(3,199,989)	(3,199,989)
Common stock issued for debt settlements					$ 750	138,000		138,750
Common stock issued for debt settlements (in shares)					750,000
Ending balance at Sep. 30, 2022					$ 39,181	18,066,311	(42,883,931)	(24,778,439)
Ending balance (in shares) at Sep. 30, 2022					39,180,297
Beginning balance at Dec. 31, 2022					$ 39,181	18,081,457	(44,642,776)	(26,522,138)
Beginning balance (in shares) at Dec. 31, 2022					39,180,297
Cumulative-effect adjustment upon adoption of ASU 2020-06						(4,694,664)	3,486,887	(1,207,777)
Share based compensation						30,554		30,554
Shares issued for deferred financing costs					$ 3,008	540,128		543,136
Shares issued for deferred financing costs (in shares)					3,008,246
Shares issued for debt extension				$ 0	$ 6,559	1,174,059	0	1,180,618
Shares issued for debt extension (in shares)					6,558,987
Net Income (Loss)							(3,527,040)	(3,527,040)
Ending balance at Mar. 31, 2023					$ 48,748	15,131,534	(44,682,929)	(29,502,647)
Ending balance (in shares) at Mar. 31, 2023					48,747,530
Beginning balance at Dec. 31, 2022					$ 39,181	18,081,457	(44,642,776)	(26,522,138)
Beginning balance (in shares) at Dec. 31, 2022					39,180,297
Net Income (Loss)								(6,523,642)
Ending balance at Sep. 30, 2023				$ 1	$ 268,055	62,544,267	(47,806,078)	15,006,245
Ending balance (in shares) at Sep. 30, 2023				1,333	268,054,940
Beginning balance at Mar. 31, 2023					$ 48,748	15,131,534	(44,682,929)	(29,502,647)
Beginning balance (in shares) at Mar. 31, 2023					48,747,530
Share based compensation						10,500		10,500
Net Income (Loss)							(1,761,880)	(1,761,880)
Ending balance at Jun. 30, 2023				$ 0	$ 48,748	15,142,034	(46,444,809)	(31,254,027)
Ending balance (in shares) at Jun. 30, 2023				0	48,747,530
Share based compensation						46,935		46,935
Net Income (Loss)							(1,234,722)	(1,234,722)
Stock issued for cash	$ 1	$ 8,329,999	$ 8,330,000		$ 1,600	398,400		400,000
Shares issued during period	833				1,600,000
Common and Series C preferred stock issued for business combination					$ 77,000	19,245,000		19,322,000
Common and Series C preferred stock issued for business combination (in shares)				500	77,000,000
Common stock issued for debt settlements					$ 52,059	9,630,841		9,682,900
Common stock issued for debt settlements (in shares)					52,058,785
Common stock issued for conversion of notes payable and accrued interest					$ 88,148	9,658,558		9,746,706
Common stock issued for conversion of notes payable and accrued interest (in shares)					88,148,625
Common stock issued for advisory fee					$ 500	92,500		93,000
Common stock issued for advisory fee (in shares)					500,000
Preferred stock dividends							(126,547)	(126,547)
Ending balance at Sep. 30, 2023				$ 1	$ 268,055	$ 62,544,267	$ (47,806,078)	$ 15,006,245
Ending balance (in shares) at Sep. 30, 2023				1,333	268,054,940

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)	9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022
CASH FLOWS FROM OPERATING ACTIVITIES:
Net loss from continuing operations	$ (6,508,814)	$ (9,815,305)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:
Share based compensation	180,989	45,897
Depreciation and amortization	4,381,937	4,144,644
Amortization of deferred financing costs	1,214,162	3,124,398
Shares issued for debt extension	1,180,618	643,467
Amortization of right of use assets - operating leases	509,785	340,447
Bad debt expense	148,762	40,301
Gain on settlement of debt	(3,381,248)	(564,814)
Gain on disposal of assets		(351,904)
Changes in:
Accounts receivable	634,923	6,519
Prepaid expenses and other current assets	2,562,807	2,775,210
Inventory	(9,056)
Other assets	81,937	(187,239)
Accounts payable	(655,354)	(144,341)
Accounts payable - related party	(463,304)	144,226
Accrued expenses and other liabilities	2,397,679	(706,001)
Right of use operating lease liabilities	(515,132)	(75,758)
Deferred revenue	(128,000)
Net cash provided by (used in) operating activities from continuing operations	1,632,691	(580,253)
Net cash used in operating activities from discontinued operations	(42,554)
Net cash provided by (used in) operating activities	1,590,137	(580,253)
CASH FLOWS FROM INVESTING ACTIVITIES:
Acquisition of Barnhart Companies, net of cash received	(24,073,176)
Cash proceeds from disposal of property and equipment	1,500	329,271
Cash paid for purchase of property and equipment	(1,334,487)	(47,201)
Net cash (used in) provided by investing activities from continuing operations	(25,406,163)	282,070
Net cash (used in) provided by investing activities	(25,406,163)	282,070
CASH FLOWS FROM FINANCING ACTIVITIES:
Proceeds from sale of series C preferred stock	8,330,000
Proceeds from sale of common stock	400,000
Payment of deferred financing costs	(3,373,955)
Proceeds (payments) on secured line of credit, net	507,037	(921,462)
Proceeds from notes payable	33,686,058	5,229,098
Payments on notes payable	(12,496,347)	(3,624,328)
Payments on convertible notes payable	(50,000)
Proceeds from convertible notes payable	421,946
Net cash provided by financing activities from continuing operations	27,424,739	683,308
Net cash used in financing activities from discontinued operations	(33,326)
Net cash provided by financing activities	27,391,413	683,308
NET CHANGE IN CASH, CASH EQUIVALENTS AND RESTRICTED CASH	3,575,387	385,125
CASH, CASH EQUIVALENTS AND RESTRICTED CASH, beginning of period	1,233,043	1,116,176
CASH, CASH EQUIVALENTS AND RESTRICTED CASH, end of period	4,808,430	1,501,301
Supplemental disclosures:
Cash paid for interest	4,666,244	3,600,469
Noncash investing and financing activities
Prepaid expenses and other current assets financed with note payable	4,132,552	3,638,407
Shares issued for deferred financing costs	543,136	397,773
Shares issued for settlement of debt	9,682,900	138,750
Share issued for convertible notes payable and accrued interest	9,746,706
Convertible notes payable issued to settle accounts payable and accrued expenses	250,000
Note receivable for property and equipment	47,028	500,209
Equipment financed with note payable	327,661	$ 963,662
Cumulative-effect adjustment upon adoption of ASU 2022-02	1,207,777
Preferred stock dividends	$ 126,547

BACKGROUND AND BASIS OF PRESENT

BACKGROUND AND BASIS OF PRESENTATION	9 Months Ended
	Sep. 30, 2023
BACKGROUND AND BASIS OF PRESENTATION
BACKGROUND AND BASIS OF PRESENTATION	NOTE 1 — BACKGROUND AND BASIS OF PRESENTATION SMG Industries Inc. (“we”, “our”, the “Company” or “SMG”) is a corporation established pursuant to the laws of the State of Delaware on January 7, 2008. The Company’s original business was the acquisition and stockpile of a rare metal known as Indium used in cell phones and other industrial applications. The Company eventually sold its stockpile and distributed most of the proceeds to its stockholders via special dividends and share repurchases. The Company is a growth-oriented transportation services company focused on the domestic infrastructure logistics market. Through several of the Company’s wholly-owned subsidiaries branded as the “5J Transportation Group,” it offers specialized heavy haul, super heavy haul, flatbed, brokerage, drilling rig mobilization and driveaway services. 5J’s (as defined below) engineered permitted jobs can support up to 500-thousand-pound loads including infrastructure cargo associated with bridge beams, wind energy, power generation components, compressors, and refinery and construction equipment. On July 7, 2023, we acquired one hundred percent of the membership interests of (i) Barnhart Fleet Maintenance, LLC, (“Fleet”), (ii) Barnhart Transportation, LLC, (“Transportation”), (iii) Lake Shore Global Solutions LLC, (“Global”), (iv) Lake Shore Logistics, LLC, (“Logistics”), (v) Legend Equipment Leasing, LLC, (“Legend”), and (vi) Route 20 Tank Wash LLC, (“Wash,” and collectively with Fleet, Transportation, Global, Logistics and Legend, the “Barnhart Companies,” and each a “Barnhart Company”). See Note 4 for more information regarding the acquisition of the Barnhart Companies (the “Acquisition”). SMG is headquartered in Houston, Texas with facilities in Floresville, Hempstead, Henderson, Houston, Odessa, Palestine, and Victoria, Texas, Erie, Pennsylvania, and Fort Mill and Moncks Corner, South Carolina. The accompanying unaudited interim consolidated financial statements of SMG have been prepared in accordance with accounting principles generally accepted in the United States of America and should be read in conjunction with the audited consolidated financial statements and notes thereto for the years ended December 31, 2022 and 2021 in the Annual Report on Form 10-K filed with the Securities and Exchange Commission (the “SEC”) on April 17, 2023. In the opinion of management, all adjustments, consisting of normal recurring adjustments, necessary for a fair presentation of financial position and the results of operations for the interim periods presented have been reflected herein. The results of operations for the interim periods are not necessarily indicative of the results to be expected for the full year. Notes to the consolidated financial statements which would substantially duplicate the disclosures contained in the Annual Report on Form 10-K have been omitted.

SUMMARY OF SIGNIFICANT ACCOUNTI

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	9 Months Ended
	Sep. 30, 2023
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	NOTE 2 — SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Principles of Consolidation The Company prepares its consolidated financial statements on the accrual basis of accounting. The accompanying consolidated financial statements include the accounts of the Company and its wholly subsidiaries of Transportation, Fleet, Logistics, Global, Legend and Wash, and 5J Trucking LLC, 5J Oilfield Services LLC, 5J Specialized LLC, 5J Transportation LLC, 5J Logistics Services LLC and 5J Driveaway LLC (together referred to as “5J “ or “5J Transportation Group”), and discontinued operations of Momentum Water Transfer Services, LLC (“MWTS”), Jake Oilfield Solutions LLC (“Jake”) and Trinity Services LLC (“Trinity”), all of which have third quarter ends of September 30 and fiscal year ends of December 31. All intercompany accounts, balances and transactions have been eliminated in the consolidation. Cash and cash equivalents The Company considers all highly liquid accounts with original maturities of three months or less at the date of acquisition to be cash equivalents. Periodically, the Company may carry cash balances at financial institutions in excess of the federally insured limit of $250,000. The amount in excess of the FDIC insurance as of September 30, 2023 and December 31, 2022 was $2,598,167 and $854,207, respectively. The Company has not experienced losses on these accounts and management believes, based upon the quality of the financial institutions, that the credit risk with regard to these deposits is not significant. The following table provides a reconciliation of cash and cash equivalents and restricted cash reported within the consolidated balance sheets that sum to the total of the same such amounts shown in the consolidated statements of cash flows. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ September 30, 2023 ​ December 31, 2022 Cash and cash equivalents ​ $ 3,668,846 ​ $ 127,225 Restricted cash ​ 1,139,584 ​ 1,105,818 Total ​ $ 4,808,430 ​ $ 1,233,043 ​ Fair Value of Financial Instruments The carrying value of short-term instruments, including cash, accounts receivable, accounts payable and accrued expenses, and short-term notes approximate fair value due to the relatively short period to maturity for these instruments. The long-term debt approximates fair value because the related rates of interest approximate current market rates. Fair value is defined as the exchange price that would be received for an asset or paid to transfer a liability (an exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date. Valuation techniques used to measure fair value maximize the use of observable inputs and minimize the use of unobservable inputs. The Company utilizes a three-level valuation hierarchy for disclosures of fair value measurements, defined as follows: Level 1: inputs to the valuation methodology are quoted prices (unadjusted) for identical assets or liabilities in active markets. Level 2: inputs to the valuation methodology include quoted prices for similar assets and liabilities in active markets, and inputs that are observable for the assets or liability, either directly or indirectly, for substantially the full term of the financial instruments. Level 3: inputs to the valuation methodology are unobservable and significant to the fair value. The Company does not have any assets or liabilities that are required to be measured and recorded at fair value on a recurring basis. Discontinued Operations In December 2020, we decided to cease the operations of Trinity, Jake and MWTS. An entity that is disposed of by sale or ceasing of operations is reported as discontinued operations if the transaction represents a strategic shift that will have a major effect on an entity’s operations and financial results. As such, Jake, MWTS and Trinity are reported as discontinued operations. Assets and liabilities of the discontinued operations are aggregated and reported separately as assets and liabilities of discontinued operations in the consolidated balance sheets as of September 30, 2023 and December 31, 2022. The results of discontinued operations are aggregated and presented separately in the consolidated statements of operations as net loss from discontinued operations for the three and nine months ended September 30, 2023 and 2022. The cash flows of the discontinued operations are reflected as cash flows of discontinued operations within the Company’s consolidated statements of cash flows for the nine months ended September 30, 2023 and 2022. Basic and Diluted Net Loss per Share The Company presents both basic and diluted net loss per share on the face of the consolidated statements of operations. Basic net loss per share is computed by dividing net loss by the weighted average number of shares of common stock outstanding during the period. Diluted per share calculations give effect to all potentially dilutive shares of common stock outstanding during the period, including stock options and warrants using the treasury-stock method, and as a result of the adoption of Accounting Standards Update (“ASU”) 2020-06, using the if-converted method for outstanding convertible instruments. If anti-dilutive, the effect of potentially dilutive shares of common stock is ignored. For the three and nine months ended September 30, 2023, 3,364,137 common shares issuable under the Series C Convertible Preferred Stock, 6,525,000 stock options and 1,738,335 warrants were considered for their dilutive effects. For the three and nine months ended September 30, 2022, 1,525,000 stock options, 1,763,335 warrants and 79,467,400 shares issuable from convertible notes were considered for their dilutive effects. As a result of the Company’s net losses for the three and nine months ended September 30, 2023 and 2022, all potentially dilutive instruments were excluded as their effect would have been anti-dilutive. Reclassifications Certain reclassifications have been made to the prior year financial statements to conform to the current year presentation. Recent Accounting Pronouncements In June 2016, the Financial Accounting Standards Board (“FASB”) issued ASU 2016-13, “Financial Instruments – Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments” (“ASU 2016-13”). ASU 2016-13 requires credit losses on most financial assets measured at amortized cost and certain other instruments to be measured using an expected credit loss model (referred to as the current expected credit loss (“CECL”) model). Under the CECL model, entities will estimate credit losses over the entire contractual term of the instrument (considering estimated prepayments, but not expected extensions or modifications unless reasonable expectation of a troubled debt restructuring exists) from the date of initial recognition of that instrument. Further, ASU 2016-13 made certain targeted amendments to the existing impairment standards for available for sale debt securities. An entity will apply the amendments in ASU 2016-13 through a cumulative-effect adjustment to retained earnings as of the beginning of the first reporting period in which the guidance is effective. The Company determined that the update applied to its trade accounts receivable and adopted the guidance on January 1, 2023 with no material impact to the Company’s consolidated financial statements or results of operations. The Company estimates its expected credit losses based on the expected losses on its receivables based on a variety of data, including current economic conditions in the Company’s industry and the credit status of the Company’s customers. In August 2020, the FASB issued ASU 2020-06, “Debt – Debt with Conversion and Other Options (Subtopic 470- 20) and Derivatives and Hedging – Contracts in Entity’s Own Equity (Subtopic 815-40): Accounting for Convertible Instruments and Contracts in an Entity’s Own Equity” (“ASU 2020-06”), which simplifies the accounting for certain financial instruments with characteristics of liabilities and equity. ASU 2020-06 (1) simplifies the accounting for convertible debt instruments and convertible preferred stock by removing the existing guidance in Accounting Standards Codification (“ASC”) 470-20, Debt: Debt with Conversion and Other Options, that requires entities to account for beneficial conversion features and cash conversion features in equity, separately from the host convertible debt or preferred stock; (2) revises the scope exception from derivative accounting in ASC 815-40 for freestanding financial instruments and embedded features that are both indexed to the issuer’s own stock and classified in stockholders’ equity, by removing certain criteria required for equity classification; and (3) revises the guidance in ASC 260, Earnings Per Share, to require entities to calculate diluted earnings per share (“EPS”) for convertible instruments by using the if-converted method. In addition, entities must presume share settlement for purposes of calculating diluted EPS when an instrument may be settled in cash or shares. The Company adopted this guidance on January 1, 2023, which resulted in a reduction to additional paid in capital of $4,694,664, a decrease in accumulated deficit of $3,486,887 and a reduction of remaining unamortized debt discount of $1,207,777 related to the previously recognized beneficial conversion features on the Company’s convertible debt. In October 2021, the FASB issued ASU 2021-08, “Business Combinations (Topic 805): Accounting for Contract Assets and Contract Liabilities from Contracts with Customers.” The ASU requires entities to apply Topic 606 to recognize and measure contract assets and contract liabilities in a business combination. The amendments improve comparability after the business combination by providing consistent recognition and measurement guidance for revenue contracts with customers acquired in a business combination and revenue contracts with customers not acquired in a business combination. The ASU is effective for fiscal years, including interim periods within those fiscal years, beginning after December 15, 2022. The Company adopted this standard effective on January 1, 2023. The adoption of ASU 2021-08 did not have a material impact on the Company’s consolidated financial statements and related disclosures.

GOING CONCERN

GOING CONCERN	9 Months Ended
	Sep. 30, 2023
GOING CONCERN
GOING CONCERN	NOTE 3 — GOING CONCERN The accompanying consolidated financial statements have been prepared assuming that the Company will continue as a going concern and, no adjustments to the consolidated financial statements have been made to account for this uncertainty. As a result of the Acquisition, the Company has increased in size and complexity. Further, the Company has financial covenants under its new debt agreements, which the Company was in violation of as of September 30, 2023. The Company concluded that its recurring net losses and its historical trend of negative working capital are conditions that raise substantial doubt about the Company’s ability to continue as a going concern. The Company plans to continue to generate additional revenue and improve cash flows from operations in connection with its heavy haul, super heavy haul, drilling rig mobilization, commodity freight, brokerage services and driveaway services revenue streams. The Company also intends to reduce operational costs and to improve efficiencies as a combined company after the Acquisition in order to increase profitability. There are no assurances that the Company will be successful in implementing these plans.

ACQUISITION

ACQUISITION	9 Months Ended
	Sep. 30, 2023
ACQUISITION
ACQUISITION	NOTE 4 — ACQUISITION On July 7, 2023, we entered into a transaction agreement (the “Transaction Agreement”) with Bryan S. Barnhart (“Bryan”), Timothy W. Barnhart (“Tim”), Timothy W. Barnhart, as Trustee of the Timothy W. Barnhart 2017 Irrevocable Trust (the “Trust,” and collectively with Bryan and Tim, the “Sellers”) and certain affiliates, pursuant to which we acquired one hundred percent of the membership interests of the Barnhart Companies. The consideration paid to the Sellers consisted of the following (the “Purchase Price”): ​ ​ ​ ​ ​ Preliminary Consideration Transferred ​ Cash, net of cash acquired of $176,824 ​ $ 24,073,176 Unsecured note payable, net of discount of $444,000 ​ 2,556,000 Common stock, consisting of 77,000,000 shares valued at $0.186 per share ​ 14,322,000 Preferred Stock, consisting of 500 shares of Series C Preferred Stock ​ 5,000,000 Net consideration ​ $ 45,951,176 ​ The unsecured note payable (A) bears interest at a fixed rate of six percent (6%) per annum, and (B) will mature on the 72-month anniversary of the Closing, with principal and accrued interest of $41,667 to be paid monthly, and (C) will be subordinated to all senior indebtedness of the Company to the extent required by the holders thereof. An indemnification escrow in the amount of $3.0 million (the “Indemnification Escrow Amount”) was held back from the Purchase Price paid at the Closing and retained in an escrow account as security (but not the sole source of recovery) for the performance of the indemnification and other covenants, obligations and agreements of the Sellers arising under the Transaction Agreement, any other transaction agreement or otherwise. Any portion of the Indemnification Escrow Amount not used to satisfy indemnification claims will be released to the Sellers on the 18-month anniversary of the Closing. A purchase price adjustment escrow in the amount of $250,000 was held back from the Purchase Price paid at the Closing and retained in an escrow account as a source of recovery for the purchase price adjustment process. In connection with the Acquisition, the Barnhart Companies entered into new leases with Jet Park Warehousing, LLC, a South Carolina limited liability company (“Jet Park”), and Lakeshore Warehousing, LLC, a Pennsylvania limited liability company (“Lakeshore”), as landlords. The Barnhart Companies pay aggregate rent of approximately $55,000 per month to Jet Park and Lakeshore for a term of six years. Each of Jet Park and Lake Shore are directly or indirectly owned by Bryan and Tim or their affiliates. In connection with the Acquisition, the Company issued 500,000 shares of common stock to an advisor as a transaction fee with a fair value of $93,000 based on the closing price of the Company’s common stock at the Closing when the fee was earned. The Acquisition is being accounted for as a business combination under ASC 805, which requires the Company to perform an allocation of the purchase consideration to the assets acquired and liabilities assumed based on their estimated fair values at the date of acquisition. The excess of the purchase consideration over the estimated fair values is recorded as goodwill. The following information summarizes the preliminary allocation of the fair values assigned to the assets at the purchase date: The preliminary fair value of the assets acquired and liabilities assumed is as follows: ​ ​ ​ ​ ​ Trade accounts receivable $ 5,510,109 Accounts receivable - related parties ​ 3,314 Notes receivable ​ 46,977 Inventories ​ 778,418 Prepaid and other ​ 1,432,817 Property, plant and equipment ​ 25,338,963 Trade names ​ 7,700,000 Customer relationships ​ 5,600,000 Non-compete agreements ​ 760,000 Right-of-use assets, operating leases ​ 3,171,744 Goodwill ​ 2,346,884 Accounts payable ​ (852,245) Other liabilities ​ (2,714,061) Right-of-use liabilities, operating lease ​ (3,171,744) Preliminary net assets acquired ​ $ 45,951,176 ​ The total purchase consideration allocation above is preliminary as the Company has not yet completed the necessary fair value assessments, including the assessments of inventory, intangible assets, certain assets and liabilities and the related tax impacts associated with these items. Any changes within the measurement period may change the amount of the purchase consideration allocable to goodwill. The fair value and tax impact assessments are to be completed within 12 months of the Closing date and could have a material impact on the components of the total purchase consideration allocation. The Company’s consolidated statements of operations included revenue of $14,378,874 and net loss from continuing operations of $1,353,326 related to the Barnhart Companies for the three and nine months ended September 30, 2023. The Company recognized transaction costs of $743,591 during the three and nine months ended September 30, 2023 related to the Acquisition. Unaudited Pro Forma Financial Information The following table sets forth the unaudited pro forma consolidated results of operations for the three and nine months ended September 30, 2023 and 2022 as if the Acquisition occurred on January 1, 2022. The unaudited pro forma results of operations are presented for informational purposes only and are not indicative of the results of operations that would have been achieved if the Acquisition had taken place on the date noted above, or of results that may occur in the future. The most significant adjustments within the unaudited pro forma results relate to depreciation of the fair value of the property plant and equipment acquired, amortization of the preliminary intangible assets acquired, and adjustments to interest expense to reflect the retirement of existing SMG debt and the issuance of new debt to fund the Acquisition. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ For the three months ended For the nine months ended ​ ​ September 30, 2023 ​ September 30, 2022 ​ September 30, 2023 ​ September 30, 2022 ​ ​ Pro Forma Pro Forma Pro Forma Pro Forma Revenue ​ $ 33,840,586 ​ $ 40,407,628 ​ $ 108,254,918 ​ $ 116,689,722 (Loss) income from operations ​ (3,176,064) ​ 224,972 ​ (4,173,154) ​ (1,024,826) Net loss attributable to common shareholders ​ (4,246,035) ​ (1,520,894) ​ (8,359,962) ​ (5,468,840) Net loss per common share ​ $ (0.02) ​ $ (0.01) ​ $ (0.03) ​ $ (0.02) ​

REVENUE AND CONCENTRATIONS

REVENUE AND CONCENTRATIONS	9 Months Ended
	Sep. 30, 2023
REVENUE AND CONCENTRATIONS
REVENUE AND CONCENTRATIONS	NOTE 5 — REVENUE AND CONCENTRATIONS The Company recognizes revenue in accordance with ASC Topic 606, Revenue From Contracts With Customers. Revenues are recognized when control of the promised goods or services is transferred to the customer in an amount that reflects the consideration the Company expects to be entitled to in exchange for transferring those goods or services. Revenue is recognized based on the following five step model: - - - - - ​ Disaggregation of revenue All of the Company’s revenue from continuing operations is currently generated from services. As such, no further disaggregation of revenue information is provided. Revenues are primarily generated in the Midwest, Southern and Easten regions of the United States. Customer Concentration and Credit Risk During the three and nine months ended September 30, 2023 and 2022, no customers exceeded 10% of revenue. One customer accounted for approximately 12% of accounts receivable as of September 30, 2023, and one customer accounted for approximately 14% of accounts receivable as of December 31, 2022.

LONG-LIVED ASSETS

LONG-LIVED ASSETS	9 Months Ended
	Sep. 30, 2023
LONG-LIVED ASSETS
LONG-LIVED ASSETS	NOTE 6 — LONG-LIVED ASSETS Property and equipment Property and equipment at September 30, 2023 and December 31, 2022 consisted of the following: ​ ​ ​ ​ ​ ​ ​ ​ ​ September 30,2023 December 31, 2022 Equipment ​ $ 6,755,932 ​ $ 6,743,890 Trucks and Trailers ​ ​ 36,015,468 ​ ​ 11,331,834 Downhole oil tools ​ 659,873 ​ 659,873 Vehicles ​ 1,708,966 ​ 1,236,323 Buildings ​ ​ 1,600,663 ​ ​ 493,529 Furniture, fixtures and other ​ 956,116 ​ 279,198 ​ ​ ​ ​ ​ ​ ​ Property and equipment, gross ​ 47,697,018 ​ 20,744,647 ​ ​ ​ ​ ​ ​ ​ Less: accumulated depreciation ​ (19,341,254) ​ (15,329,817) ​ ​ ​ ​ ​ ​ ​ Property and equipment, net ​ $ 28,355,764 ​ $ 5,414,830 ​ Depreciation expense for the three months ended September 30, 2023 and 2022 was $2,485,305 and $1,398,753, respectively. Depreciation expense for the nine months ended September 30, 2023 and 2022 was $4,011,437 and $4,144,644, respectively. Intangible assets Intangible assets as of September 30, 2023 are related to the preliminary identified intangibles of tradenames, customer relationships and non-compete agreements for the Barnhart Companies acquired in the Acquisition. See Note 4. Intangible assets at September 30, 2023 and December 31, 2022 consisted of the following: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Useful ​ ​ ​ ​ Life (years) ​ September 30, 2023 ​ December 31, 2022 Trade names 10 ​ $ 7,700,000 ​ $ — Customer relationships 10 ​ 5,600,000 ​ — Non-compete agreements 5 ​ 760,000 ​ — ​ ​ ​ ​ ​ ​ ​ ​ ​ Intangible assets ​ ​ ​ 14,060,000 ​ — Less: accumulated amortization ​ ​ ​ (370,500) ​ — ​ ​ ​ ​ ​ ​ ​ ​ ​ Intangible assets, net ​ ​ ​ $ 13,689,500 ​ $ — ​ Amortization expense for the three and nine months ended September 30, 2023 and 2022 was $370,500 and $0, respectively. Future amortization of intangible assets for the years ended December 31, 2023, 2024, 2025, 2026, 2027 and beyond based on the preliminary fair value estimates of the acquired intangible assets are $370,500, $1,482,000, $1,482,000, $1,482,000, $1,482,000 and $7,391,000, respectively. Goodwill Goodwill balance was $2,346,884 as of September 30, 2023, related to the Barnhart Companies acquired in the Acquisition. See Note 4.

ACCRUED EXPENSES AND OTHER LIAB

ACCRUED EXPENSES AND OTHER LIABILITIES	9 Months Ended
	Sep. 30, 2023
ACCRUED EXPENSES AND OTHER LIABILITIES
ACCRUED EXPENSES AND OTHER LIABILITIES	NOTE 7 — ACCRUED EXPENSES AND OTHER LIABILITIES Accrued expenses and other liabilities as of September 30, 2023 and December 31, 2022 included the following: ​ ​ ​ ​ ​ ​ ​ ​ ​ September 30,2023 December 31, 2022 Payroll and payroll taxes payable ​ $ 1,361,015 ​ $ 1,236,643 State and local tax payable ​ 345,085 ​ 166,948 Interest payable ​ ​ 101,977 ​ ​ 400,049 Accrued operational expenses ​ ​ 5,054,056 ​ ​ 871,720 Accrued general and administrative expenses ​ ​ 238,616 ​ ​ 59,621 Accrued dividends ​ ​ 126,547 ​ ​ — Other ​ 197,687 ​ 109,520 ​ ​ ​ ​ ​ ​ ​ Total Accrued Expenses and Other Liabilities ​ $ 7,424,983 ​ $ 2,844,501 ​

NOTES PAYABLE

NOTES PAYABLE	9 Months Ended
	Sep. 30, 2023
NOTES PAYABLE
NOTES PAYABLE	NOTE 8 — NOTES PAYABLE Notes payable included the following as of September 30, 2023 and December 31, 2022: ​ Secured notes payable: ​ ​ ​ ​ ​ ​ ​ ​ ​ September 30, December 31, ​ ​ 2023 ​ 2022 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Secured note payable issued December 7, 2018 to a shareholder, bearing interest of 10% per year, due one year after issuance. In January 2023 the maturity date of the note was extended to June 30, 2023. During the nine months ended September 30, 2023, this note was paid in full. ​ $ — ​ $ 100,000 ​ ​ ​ ​ ​ ​ ​ Secured note payable issued December 7, 2018 to a shareholder, bearing interest of 10% per year, due one year after issuance. In January 2023 the maturity date of the note was extended to June 30, 2023. During the nine months ended September 30, 2023, this note was paid in full. ​ — ​ 100,000 ​ ​ ​ ​ ​ ​ ​ Secured note payable issued December 7, 2018, bearing interest of 10% per year, due one year after issuance. During the nine months ended September 30, 2023, this note was paid in full. ​ ​ — ​ ​ 100,000 ​ ​ ​ ​ ​ ​ ​ Secured note payable issued on December 7, 2018 related to the acquisition of MWTS, bearing interest of 6% per year and due in monthly installments of $7,500, with a maturity date of December 8, 2023. On September 29, 2022, the Company entered into a settlement of debt agreement and release. Per the agreement, the Company converted approximately $467,000 of debt into shares of common stock. The Company will pay six remaining quarterly payments of approximately $45,833 per month from December 2022 through March 31, 2024, the amended maturity date. ​ 91,667 ​ 275,000 ​ ​ ​ ​ ​ ​ ​ Secured note payable issued May 1, 2019 to a shareholder, bearing interest of 10% per year, with a principal balance of $100,000. During the nine months ended September 30, 2023, this note was paid in full. ​ — ​ 100,000 ​ ​ ​ ​ ​ ​ ​ Secured note payable issued June 17, 2019 to a shareholder, bearing interest of 10% per year, due June 30, 2020. During the nine months ended September 30, 2023, this note was paid in full. ​ — ​ 80,000 ​ ​ ​ ​ ​ ​ Secured note payable with a related party issued February 27, 2020 in connection with the 5J acquisition, bearing interest of 10% per year, and which matured on February 1, 2023. During the nine months ended September 30, 2023, this note was paid in full. ​ — ​ 2,000,000 ​ ​ ​ ​ ​ ​ ​ Various notes payable secured by equipment of 5J Trucking, LLC, bearing interest ranging from 5.32% to 5.5% maturing from January 2023 through March 2023. During the nine months ended September 30, 2023, this note was paid in full. ​ ​ — ​ ​ 64,521 ​ ​ ​ ​ ​ ​ ​ Secured note payable with a related party issued on February 27, 2020, bearing interest of 10.0% per year, which matured on March 1, 2023. During the nine months ended September 30, 2023, this note was paid in full. ​ ​ — ​ ​ 77,856 ​ ​ ​ ​ ​ ​ ​ Secured promissory notes for SMG Industries Inc., and 5J Trucking LLC, with Small Business Administration Economic Injury Disaster Loans, bearing interest of 3.75% annually and maturing in June, August, and September 2050. ​ — ​ 299,493 ​ ​ ​ ​ ​ ​ ​ Secured promissory note issued on June 20, 2020 in connection with an equipment purchase. The note was due and payable in thirty-six monthly installments of $45,585 commencing on July 20, 2020, and the final installment was due on July 1, 2023. During the nine months ended September 30, 2023, this note was paid in full. ​ ​ — ​ ​ 347,045 ​ ​ ​ ​ ​ ​ ​ Secured promissory note issued on January 27, 2022. The note was due on May 1, 2026 and secured by machinery and equipment owned by the Company. The Company paid an initial installment of $95,025, with monthly payments of approximately $15,275 per month beginning in June 2022 through maturity. During the nine months ended September 30, 2023, this note was paid in full. ​ ​ — ​ ​ 538,613 ​ ​ ​ ​ ​ ​ ​ Secured promissory note issued on July 11, 2022. The note is due on June 8, 2027 and secured by equipment owned by the Company. The Company will pay monthly payments of approximately $2,372 per month beginning in July 2022 through maturity. ​ 91,860 ​ ​ 109,833 ​ ​ ​ ​ ​ ​ ​ Secured promissory note issued on November 30, 2022. The note was due and payable in thirty-six monthly installments of $3,304 commencing on December 30, 2022 and the final installment was due on November 30, 2025. During the nine months ended September 30, 2023, this note was paid in full. ​ ​ — ​ ​ 104,103 ​ ​ ​ ​ ​ ​ ​ Secured promissory note with Amerisource, a related party, issued on September 7, 2021 in the amount of $12,740,000, bearing interest at 12%, and maturing September 7, 2026. The Company was required to make monthly payments of interest only beginning October 1, 2021, with payments of principal and interest beginning in October 2022. On March 15, 2022, the Company entered into an agreement with Amerisource, to amend the Loan Agreement dated September 7, 2021, pursuant to which Amerisource agreed to increase the loan commitment to the Company from $12,740,000 to $16,740,000. In January 2023, the Company received $1,000,000 in additional proceeds under this facility, which had a maturity date of June 30, 2023. During the nine months ended September 30, 2023, this note was paid in full. ​ ​ — ​ ​ 15,911,485 ​ ​ ​ ​ ​ ​ ​ Secured term loan issued July 7, 2023, bearing interest at a fluctuating rate of interest per year based on a Term SOFR Rate (as defined in the Term Loan Credit Agreement) plus a margin of 6.50%, which Applicable Rate (as defined in the Term Loan Credit Agreement) may adjust lower (but no lower than 5.50%) based on the leverage ratio of the borrowers and their subsidiaries commencing on the six-month anniversary from closing. The principal amount of the term loan shall be repaid in equal monthly installments of $396,075 commencing on September 1, 2023. The term loan matures on July 7, 2026. ​ ​ 31,289,982 ​ ​ — Total secured notes payable ​ ​ 31,473,509 ​ ​ 20,207,949 Less unamortized discount and deferred finance costs ​ (1,826,906) ​ — Less current maturities ​ (29,577,004) ​ (6,987,802) ​ ​ ​ ​ ​ ​ ​ Long term secured notes payable, net of current maturities ​ $ 69,599 ​ $ 13,220,147 ​ Effective January 1, 2023, the Company issued 720,000 shares of common stock to holders of $480,000 in secured notes payable. During the nine months ended September 30, 2023, the Company entered into five new secured notes payable. The notes were due from April 2027 through March 2029 and secured by equipment owned by the Company. The Company was required to pay monthly payments ranging from $1,136 to $1,723 per month beginning in March 2023 through maturity. As of September 30, 2023, these notes were paid in full. On July 7, 2023, in connection with the Acquisition described in Note 4, the Company issued 41,211,909 shares of common stock in settlement of $9,945,048 of principal and $357,911 of accrued interest on secured notes payable. The Company recognized a gain on extinguishment of debt of $2,637,557 in connection with these settlements based on the fair value of the shares issued at settlement. Term Loan On July 7, 2023, the Company, 5J Transportation Group and, upon the consummation of the Acquisition, the Barnhart Companies (collectively, the “Borrowers”) entered into a Credit Agreement (the “Term Loan Credit Agreement”) among the Borrowers, the other loan parties party thereto from time to time, the lenders party thereto from time to time and Great Rock Capital Partners Management, LLC (“Great Rock”), as the administrative agent. The Term Loan Credit Agreement provides for a $31.7 million term loan (the “Term Loan”). The availability of the Term Loan on the date of closing of the Acquisition (the “Closing”) was based on 80% of the net orderly liquidation value of certain eligible equipment and rolling stock of the Borrowers (the “Term Loan Borrowing Base”). The principal amount of the Term Loan shall be repaid in equal monthly principal installments of $396,075 plus interest commencing on September 1, 2023, and the Borrowers may also be required to make certain other mandatory prepayments from time to time, including with a required prepayment premium, if the Term Loan Borrowing Base does not support the existing amount of the Term Loan outstanding and for certain other prepayment events, including from dispositions of assets, casualty events and certain extraordinary events. Borrowings under the Term Loan Credit Agreement bear interest at a fluctuating rate of interest per year based on a Term SOFR Rate (as defined in the Term Loan Credit Agreement) plus a margin of 6.50%, which Applicable Rate (as defined in the Term Loan Credit Agreement) may adjust lower (but no lower than 5.50%) based on the leverage ratio of the Borrowers and their subsidiaries commencing on the six-month anniversary from Closing. The Term Loan matures on July 7, 2026. The Borrowers’ obligations to repay the amounts borrowed under the Term Loan Credit Agreement are secured by liens on substantially all of the assets of the Borrowers, including any rolling stock owned by the Borrowers. The Term Loan Credit Agreement contains customary representations, warranties, affirmative and negative covenants, limitations, and events of default for a transaction of this type, including maintenance of a minimum fixed charge coverage ratio of not less than 1.0 to 1.0, minimum availability of not less than $3,750,000 at any time, minimum EBITDA levels in accordance with the terms of the Term Loan Credit Agreement and other restrictions, including restrictions on net maximum capital expenditures as set forth in the Term Loan Credit Agreement. At closing of the Term Loan, the Company paid $1,971,247 in closing costs that were recognized as deferred finance costs, which are being amortized through the maturity date of the Term Loan. The Company amortized $144,341 of the costs to interest expense during the three months ended September 30, 2023, and unamortized deferred finance costs were $1,826,906 as of September 30, 2023. The interest rate on the Term Loan was 11.89% as of September 30, 2023. As of September 30, 2023, the Company was not in compliance with all covenants under the Term Loan Credit Agreement. The Company is currently in discussions with our senior lenders to amend certain covenants in connection with our anticipated future operational plans. As of September 30, 2023, the Company has classified the debt as a current liability while it negotiates a waiver of the covenant violations, which has not been received as of the date of this filing. In connection with the Term Loan and related transactions described above, the Company’s borrowings and obligations under the First Amended and Restated Commercial Promissory Note, dated September 7, 2021, in the original principal amount of $16,740,000 with Amerisource were satisfied in full. Asset Based Lending Also on July 7, 2023, the Borrowers entered into a Credit Agreement (the “ABL Credit Agreement” and, collectively with the Term Loan Credit Agreement, the “Credit Agreements”) among the Borrowers, the other loan parties party thereto from time to time, the lenders party thereto from time to time and JPMorgan Chase Bank, N.A. (“JPMorgan”), as the administrative agent. The ABL Credit Agreement provides for a $25.0 million revolving credit facility (the “Revolving Line of Credit”). Availability under the ABL Credit Agreement is based upon 90% of certain eligible accounts receivable of the Borrowers (the “ABL Borrowing Base”) and the ABL Borrowing Base supported borrowings of approximately $16.4 million as of the date of Closing. The Borrowers borrowed approximately $10.9 million under the ABL Credit Agreement on July 7, 2023, leaving approximately $5.5 million of availability. The maturity date of the ABL Credit Agreement is July 7, 2026, and all principal amounts are due and payable on the maturity date or, upon certain mandatory prepayment events, including if the ABL Borrowing Base no longer supports outstanding borrowings and certain other asset dispositions and casualty events. Borrowings under the ABL Credit Agreement bear interest at a floating rate elected by the Borrowers (which includes a base rate, Term SOFR and REVSOFR30 rate), as well as an applicable rate of between 1.25% and 2.50% based upon the leverage ratio of the Borrowers, as well as a commitment fee of between 0.375% and 0.50% based upon the average daily amount of the Revolving Line of Credit available but unused during the most recent quarter. At the closing of the ABL Credit Agreement, the Company paid $1,402,708 in closing costs that were recognized as deferred finance costs, which are being amortized through the maturity date of the ABL Credit Agreement. The Company amortized $95,404 of the costs to interest expense during the three months ended September 30, 2023, and unamortized deferred finance costs were $1,307,254 as of September 30, 2023. As of September 30, 2023, the outstanding balance on the Revolving Line of Credit was $11,343,090. The interest rate as of September 30, 2023 was 7.93% and the availability was $3,356,928. As of September 30, 2023, the Company was not in compliance with all covenants under the ABL Credit Agreement. The Company is currently in discussions with its lender to amend certain covenants in connection with our anticipated future operational plans and to waive. As of September 30, 2023, the Company has classified the debt as a current liability while it negotiates a waiver of the covenant violations, which has not been received as of the date of this filing. Accounts Receivable Financing Facility (Secured Line of Credit) On February 27, 2020, the 5J Oilfield Services LLC and 5J Trucking LLC (the “5J Entities”) entered into a Revolving Accounts Receivable Assignment and Term Loan Financing and Security Agreement (the “Financing Agreement”) with Amerisource Funding Inc. (“Amerisource”) in the aggregate amount of $10,000,000 (the “Amerisource Financing”).The Amerisource Financing provided for: (i) an equipment loan in the principal amount of $1,401,559 (“Amerisource Equipment Loan”), (ii) a bridge term facility in the amount of $550,690, and (iii) an accounts receivable revolving line of credit up to $10,000,000 (the “AR Facility”). The Company recorded deferred financing costs of $223,558 recognized on the date of incurrence as a discount. During the nine months ended September 30, 2023 and 2022, $28,428 and $28,428, respectively, of debt discount was amortized to interest expense, and the unamortized discount was $0 and $28,428 as of September 30, 2023 and December 31, 2022, respectively. Amerisource is a related party of the Company due to its holdings of common stock and convertible debt of the Company and has an officer who serves on the Board of Directors of the Company (the “Board”). The AR Facility was issued in an amount not to exceed $10,000,000, with the maximum availability limited to 90% of the eligible accounts receivable (as defined in the Financing Agreement). The AR Facility was paid for by the assignment of the accounts receivable of each of the 5J Entities and was secured by all instruments and proceeds related thereto. The AR Facility had an interest rate of 4.5% in excess of the prime rate per annum, an initial collateral management fee of 0.75% of the maximum account limit per annum, a non-usage fee of 0.35% assessed on a quarterly basis on the difference between the maximum availability under the AR Facility and the average daily revolving loan balance outstanding, and a one time commitment fee equal to $100,000 paid at closing. The AR Facility could have been terminated by the 5J Entities with 60 days’ written notice. There was an early termination fee equal to two percent (2.0)% of the then maximum account limit if there were more than twelve (12) months remaining in term of the AR Facility, or one percent (1.0)% of the then maximum account limit if there were twelve months or less remaining in the term of the AR Facility. The Company was a guarantor of the Amerisource Financing. The AR Facility originally matured on February 27, 2023, but automatically extended for an additional 12 months per the terms of the Financing Agreement. On January 19, 2023, the Company and Amerisource entered into an agreement to provide the Company with an additional $1,000,000 advance amount on the existing AR Facility (the “Overadvance”). The Overadvance had monthly payments of principal and interest beginning February 1, 2023, bore interest at 12% per year, and would have matured on September 7, 2026. On June 1, 2023, the Company and Amerisource entered into an amendment to the AR Facility to increase the maximum borrowing amount to $13,000,000. In connection with the Acquisition on July 7, 2023, the AR Facility was repaid in full and terminated. The balances under the above Financing Agreement were $0 and $10,623,887 as of September 30, 2023 and December 31, 2022, respectively. Unsecured Notes Payable ​ ​ ​ ​ ​ ​ ​ ​ ​ September 30, December 31, ​ ​ 2023 ​ 2022 Insurance premium financing note with original principal of $1,677,968, monthly payments of $174,154, with stated interest of 8.0%, and a maturity date of May 1, 2023. On February 1, 2023, the policy was extended with principal amount of $645,195, monthly payments of $164,543, stated interest of 9.6% and a maturity date of June 1, 2023. ​ $ — ​ $ 640,083 ​ ​ ​ ​ ​ ​ ​ Insurance premium financing note with original principal of $485,830, monthly payments of $49,809, with stated interest of 5.470%, and which matured on February 14, 2023. ​ ​ — ​ ​ 98,780 ​ ​ ​ ​ ​ ​ ​ Unsecured note payable with a shareholder. Note issued on August 10, 2018 for $40,000, due December 30, 2018 (extended to June 30, 2020) with 10% interest per year, and balance of payable was due on demand. An additional $25,000 was advanced and was due on demand. On September 9, 2022, the maturity date of the note was extended to December 31, 2022. In January 2023, the maturity date of the note was extended to June 30, 2023. During the nine months ended September 30, 2023, this note was paid in full. ​ ​ — ​ ​ 44,559 ​ ​ ​ ​ ​ ​ ​ Unsecured payable for settlement of lawsuit with an original settlement on April 13, 2021 for $196,188, monthly payments of $6,822 for 24 months, an interest rate of 6% and a default interest rate of 18%. ​ ​ — ​ ​ 2,925 ​ ​ ​ ​ ​ ​ ​ Unsecured note payable with a shareholder, a related party. Note issued on December 22, 2021 for $150,000, due January 31, 2022 with 12% interest per year. During the year ended December 31, 2022, an additional $895,025 was loaned by the shareholder, related party. On August 3, 2022, the maturity date of the note was extended to December 31, 2022. In January 2023, the maturity date of the note was extended to June 30, 2023. During the nine months ended September 30, 2023, this note was settled by issuance of common stock. ​ ​ — ​ ​ 1,045,025 ​ ​ ​ ​ ​ ​ ​ Unsecured note payable with a shareholder, a related party. Note issued on December 22, 2021 for $150,000, due January 31, 2022 with 12% interest per year. On January 6, 2022, the shareholder, related party, loaned the Company an additional $100,000. On August 3, 2022, the maturity date of the note was extended to December 31, 2022. In January 2023, the maturity date of the note was extended to June 30, 2023. During the nine months ended September 30, 2023, this note was settled by issuance of common stock. ​ ​ — ​ ​ 250,000 ​ ​ ​ ​ ​ ​ ​ Unsecured note payable with a shareholder, a related party. Note issued on December 22, 2021 for $150,000, due January 31, 2022 with 12% interest per year. On January 6, 2022, the shareholder loaned the Company an additional $100,000. On August 3, 2022, the maturity date of the note was extended to December 31, 2022. In January 2023, the maturity date of the note was extended to June 30, 2023. During the nine months ended September 30, 2023, this note was settled by issuance of common stock. ​ ​ — ​ ​ 250,000 ​ ​ ​ ​ ​ ​ ​ Unsecured note payable with a shareholder, a related party. Note issued on February 14, 2022 for $134,073, due March 31, 2022 with 12% interest per year. On August 3, 2022, the maturity date of the note was extended to December 31, 2022. In January 2023, the maturity date of the note was extended to June 30, 2023. During the nine months ended September 30, 2023, this note was settled by issuance of common stock. ​ ​ — ​ ​ 134,073 ​ ​ ​ ​ ​ ​ ​ Unsecured notes payable with a shareholder, a related party. Note issued on July 7, 2023 for $3,000,000, due on the 72-month anniversary of the closing with 6% interest per year. ​ ​ 3,000,000 ​ ​ — ​ ​ ​ ​ ​ ​ ​ Unsecured note payable with a shareholder, a related party. Note issued on July 7, 2023 for $1,460,139, non-interest bearing and due on demand. ​ ​ 1,460,139 ​ ​ — ​ ​ ​ ​ ​ ​ ​ Insurance premium financing note with original principal of $1,929,146 , monthly payments of $199,842 , with stated interest of 7.76% , and maturing on May 1, 2024 . ​ ​ 1,529,462 ​ ​ — ​ ​ ​ ​ ​ ​ ​ Insurance premium financing note with original principal of $1,558,210 , monthly payments of $161,075 , with stated interest of 7.29% , and maturing on May 1, 2024 . ​ ​ 1,236,090 ​ ​ — ​ ​ ​ ​ ​ ​ ​ Total notes payable - unsecured ​ ​ 7,225,661 ​ ​ 2,465,445 Less discounts ​ ​ (413,090) ​ ​ — Less current portion ​ (4,725,665) ​ (2,465,445) ​ ​ ​ ​ ​ ​ ​ Notes payable - unsecured, net of current portion ​ $ 2,086,906 ​ $ — ​ Effective January 1, 2023, the Company issued 2,585,487 shares of common stock to holders of $1,723,657 of unsecured notes payable. On January 27, 2023, the Company issued an aggregate of 2,000,000 shares of its common stock to four purchasers of new promissory notes in the principal amount of $1,000,000. The Company recorded deferred financing cost of $360,000 based on the fair value of the shares issued to the lenders, which was recognized as a discount. The Company amortized total debt discount of $360,000 related to secured notes payable during the nine months ended September 30, 2023. During the nine months ended September 30, 2023, these notes were settled by issuance of common stock. On July 20, 2023, the Company entered into two Premium Finance Agreements related to an insurance policy. The policy premiums total $3,717,708 for a one-year policy period. The Company financed $3,487,356 of the policy over a ten-month period. The monthly payments under the agreements are due in ten installments of $161,075 and $199,842, at an annual interest rate of 7.29% and 7.76%, respectively. On July 7, 2023, in connection with the Acquisition described in Note 4, the Company issued 10,846,756 shares of common stock in settlement of $2,679,098 of principal and $32,590 of accrued interest and $49,500 of related party lease obligations on unsecured notes payable. The Company recognized a gain on extinguishment of $743,691 in connection with these settlements based on the fair value of the shares issued at settlement. Subsequent to the closing of the Acquisition, Apex Heritage Investments LLC (“Apex Heritage”), a company controlled by Steven H. Madden, a director and the Company’s former Chief Transition Officer, repaid Amerisource $1,460,139 of the outstanding secured note facility on behalf of the Company. The Company has included the amount owed to Mr. Madden as an unsecured note, bearing no interest and due on demand. Subsequent to September 30, 2023, the Company and Apex Heritage entered into a securities purchase agreement for the Company’s Series C Convertible Preferred Stock, whereby Apex Heritage was issued 146 shares of Series C Convertible Preferred Stock in exchange for $1,460,000 of the amount funded on behalf of the Company, with the Company owing a remaining $2,150. Convertible Notes Payable As of December 31, 2022, the convertible notes, net of discount balance was $7,327,288 with long term convertible notes payable of $0 and a current portion of convertible notes of $7,327,288. Accrued interest on the convertible notes was $244,090 as of December 31, 2022. On February 27, 2020, the Company entered into a loan agreement with Amerisource Leasing Corporation, which has an equity ownership of 12.2% and is considered a related party, for the sale of a 10% convertible promissory note in the principal amount of $1,600,000 (“Amerisource Stretch Note”). The Amerisource Stretch Note originally matured on March 31, 2023, which was extended to June 30, 2023, and was convertible into shares of the Company’s common stock at a conversion price of $0.25 per share. The interest rate on the Amerisource Stretch Note increased to 11% per annum on February 27, 2021 and to 12% per annum on February 27, 2022. Interest shall be paid on a quarterly basis. In addition, 2,498,736 shares of the Company’s common stock with a fair value of $419,788 were issued to the noteholder in connection with the issuance of the Amerisource Stretch Note. The Company recorded deferred financing costs of $419,788 recognized on the date of incurrence as a discount, which was amortized over the life of the loan. During the year ended December 31, 2022, $151,589 of debt discount was amortized to interest expense, and there was $0 of unamortized discount as of December 31, 2022. The Amerisource Stretch Note could be prepaid at any time by the Company on 10 days’ notice to the noteholder without penalty. During the nine months ended September 30, 2023, the note was settled by the issuance of 6,214,271 shares of the Company’s common stock. On March 22, 2023, the Company entered into secured note purchase agreements with an officer and director for the purchase and sale of convertible promissory notes in the principal amount of $422,164. The notes pay a 10% per annum interest rate and are convertible into shares of the Company’s common stock at a fixed conversion price of $0.10 per share with a two-year term. These convertible notes are secured by all of the assets of the Company, subject to prior liens and security interests. This officer and director was issued 633,246 shares of common stock related to the convertible notes payable, which were recognized as a deferred finance cost. On March 31, 2023, Mr. Madden was issued a $250,000 secured convertible note, paid in kind for services as Chief Transition Officer (“CTO”), that matures after two years, pays a 10% per annum interest rate, paid quarterly, and has a fixed conversion rate at $0.10 per share. The convertible note was recorded as a prepaid expense to be amortized over a one-year period. Mr. Madden was issued 375,000 shares of common stock related to the convertible note payable which were recognized as a deferred finance cost. In connection with the July 7, 2023 Acquisition, and the expiration of the CTO services agreement, the Company eliminated the CTO officer role. Effective January 1, 2023, the Company issued 3,253,500 shares of common stock to holders of $2,169,000 of convertible promissory notes. On July 7, 2023, in connection with the Acquisition described in Note 4, the holders of the convertible notes described above were issued 88,148,625 shares of common stock in conversion of $9,528,903 of principal and $217,803 of accrued interest pursuant to the terms of the convertible notes. The Company also repaid $50,000 in principal on a convertible note on July 7, 2023. As of September 30, 2023, all convertible notes payable were settled. During the nine months ended September 30, 2023 and 2022, $409,984 and $1,687,804, respectively, of debt discount and deferred financing cost was amortized to interest expense. Future maturities of the principal balance of all Company debt as of September 30, 2023 are as follows: ​ ​ ​ ​ ​ 2024 $ 47,472,665 2025 ​ 523,994 2026 ​ 525,856 2027 ​ 519,761 2028 ​ 500,004 Thereafter ​ ​ 499,980 Total ​ $ 50,042,260 ​

STOCKHOLDERS' EQUITY (DEFICIT)

STOCKHOLDERS' EQUITY (DEFICIT)	9 Months Ended
	Sep. 30, 2023
STOCKHOLDERS' EQUITY (DEFICIT)
STOCKHOLDERS' EQUITY (DEFICIT)	NOTE 9 — STOCKHOLDERS’ EQUITY (DEFICIT) On June 2, 2023, the Company’s stockholders approved an amendment to the Company’s Amended and Restated Certificate of Incorporation to increase the number of authorized shares of the Company’s common stock from 250,000,000 to 500,000,000. The amendment became effective on July 6, 2023. On January 27, 2023, the Company issued an aggregate of 6,558,987 shares of its common stock to various holders of the Company’s promissory notes in exchange for the noteholders agreeing to extend the maturity date of an aggregate of $4,372,657 of the Company’s outstanding promissory notes to June 30, 2023. The Company recognized a total of $1,180,618 of interest expense based on the fair value of the shares issued to the lenders. Additionally, on July 7, 2023 in connection with the Acquisition, the Company issued 52,058,785 shares of common stock related to settlement of existing notes payable and accrued interest and issued 88,148,625 shares upon conversion of convertible notes payable. See Note 8 for additional information. On January 18, 2023 and March 31, 2023, the Company issued a total of 3,008,246 shares of common stock to four lenders in connection with the issuance of notes payable. These shares had a fair value of $543,136 and were recorded as deferred finance costs. On July 7, 2023, in connection with the closing of the Acquisition, the Company issued 77,000,000 shares to the sellers of the Barnhart Companies and issued 500,000 shares to an advisor as a transaction cost. Series C Convertible Preferred Stock On July 6, 2023, a total of 2,000 shares of 5% Series C Convertible Preferred Stock were authorized by the Company with a par value of $0.001 per share and a stated value of $10,000 per share (the “Series C Preferred Stock”). The Series C Preferred Stock accrues an annual dividend of 5% that is payable only in the Company’s common stock. The stated value of the Series C Preferred Stock and any accrued dividends are convertible, from time to time, at the option of the holder, and automatically convert on the 24-month Upon the liquidation, dissolution or winding up of the Company, after payment to any holders of the Company’s outstanding 3.0% Series A Secured Convertible Preferred Stock (the “Series A”) and 5.0% Series B Convertible Preferred Stock (the “Series B”), each holder of Series C Preferred Stock will be entitled to receive a preferential amount in cash equal to $10,000 per share, plus all accrued and unpaid dividends. The Series C Preferred Stock will rank senior to all classes of common stock and each other class of capital stock of the Company, except the Series A and Series B, and has the right to vote on all matters submitted to a vote of the holders of common stock on an as converted basis. There were no shares of Series A or Series B outstanding as of September 30, 2023 and December 31, 2022. On July 7, 2023, the Company entered into a securities purchase agreement (the “SPA”) with Apex Heritage Investments LLC (“Apex”), an affiliate of Steven H. Madden, a director and the Company’s former Chief Transition Officer. The SPA provided for the sale of up to an aggregate of 1,500 shares of Series C Preferred Stock, at a price of $10,000 per share. On July 7, 2023, Apex purchased 500 shares for aggregate gross proceeds to the Company of $5,000,000. On August 30, 2023, Apex purchased an additional 61 shares for aggregate gross proceeds to the Company of $610,000. On August 16, 2023, Apex entered into a second securities purchase agreement, pursuant to which it purchased an additional 200 shares on September 13, 2023 for aggregate gross proceeds to the Company of $2,000,000. On September 1, 2023, the Company entered into a securities purchase agreement with each of Bryan Barnhart and Tim Barnhart, the Company’s Chief Executive Officer and Chief Financial Officer, respectively, for a total of 72 shares of Series C Preferred Stock with aggregate gross proceeds to the Company of $720,000. As of September 30, 2023, there were 1,333 shares of Series C Preferred Stock outstanding. During the three months ended September 30, 2023, the Company accrued dividends on the Series C Preferred stock totaling $126,547, included in accrued expense and other current liabilities on the Company’s consolidated balance sheet as of September 30, 2023. Sale of Common Stock On August 18, 2023, the Company entered into a securities purchase agreement (the “Common Stock SPA”) with Stewart Investment Partners, Ltd. and Whitewing Investment Partners I, Ltd., each of whom are existing investors. Pursuant to the Common Stock SPA, on August 30, 2023, the Company issued and sold 1,600,000 shares of common stock, at a price of $0.25 per share, with the Company receiving $400,000 of aggregate gross proceeds.

STOCK OPTIONS AND WARRANTS

STOCK OPTIONS AND WARRANTS	9 Months Ended
	Sep. 30, 2023
STOCK OPTIONS AND WARRANTS
STOCK OPTIONS AND WARRANTS	NOTE 10— STOCK OPTIONS AND WARRANTS A summary of stock option information is as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Aggregate ​ ​ Weighted ​ ​ Aggregate ​ Exercise ​ Exercise ​ Average ​ ​ Number ​ Price ​ Price Range ​ Exercise Price Outstanding, December 31, 2022 1,525,000 ​ $ 546,250 ​ $ 0.25-0.45 ​ $ 0.36 Granted 5,100,000 ​ ​ 1,275,000 ​ ​ 0.25 ​ ​ 0.25 Exercised — ​ ​ — ​ ​ — ​ ​ — Cancelled, forfeited or expired (100,000) ​ ​ (75,000) ​ ​ 0.75 ​ ​ 0.75 Outstanding, September 30, 2023 6,525,000 ​ $ 1,746,250 ​ $ 0.25-0.45 ​ $ 0.27 Exercisable, September 30, 2023 1,505,000 ​ $ 491,250 ​ $ 0.25-0.45 ​ $ 0.33 ​ During the nine months ended September 30, 2023, the Company issued 5,100,000 common stock options to Barnhart, 5J and SMG employees valued at $796,035 . Of the 5,100,000 options issued, 80,000 options vest upon issuance and the remaining options vest equally over a three-year period starting from August 2023 through July 2026. The Company valued the stock options using the Black-Scholes model with the following range of key assumptions: Stock price $0.14 - $0.22 , Exercise price $ 0.25 , Term 5 years , Volatility 213.04% – 227.09% and Discount rate 3.48% – 4.52% . During the nine months ended September 30, 2023, the Company recognized $87,989 of expense related to outstanding stock options. At September 30, 2023, the Company had $718,142 of unrecognized expenses related to options. The weighted average remaining contractual life is approximately 3.91 years for stock options outstanding as of September 30, 2023. At September 30, 2023, the intrinsic value of the outstanding stock options was $567,500 . A summary stock warrant information is as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Aggregate ​ ​ Weighted ​ ​ Aggregate ​ Exercise ​ Exercise ​ Average ​ ​ Number ​ Price ​ Price Range ​ Exercise Price Outstanding, December 31, 2022 1,763,335 $ 496,667 ​ $ 0.15-$0.75 ​ $ 0.28 Issued — ​ — ​ ​ — ​ ​ — Exercised — ​ — ​ ​ — ​ — Cancelled, forfeited or expired (25,000) $ 18,750 ​ $ 0.75 ​ $ 0.75 Outstanding, September 30, 2023 1,738,335 ​ $ 477,917 ​ $ 0.15 - $0.40 ​ $ 0.27 Exercisable, September 30, 2023 1,738,335 ​ $ 477,917 ​ $ 0.15 - $0.40 ​ $ 0.27 ​ The weighted average remaining contractual life is approximately 3.40 years for stock warrants outstanding as of September 30, 2023. At September 30, 2023, the outstanding stock warrants had an aggregate intrinsic value of $155,500.

DISPOSITION OF BUSINESSES

DISPOSITION OF BUSINESSES	9 Months Ended
	Sep. 30, 2023
DISPOSITION OF BUSINESSES
DISPOSITION OF BUSINESSES	NOTE 11 — DISPOSITION OF BUSINESSES In December 2020, management decided to cease operations of Trinity, MWTS and Jake. All assets and liabilities of these entities are classified as assets and liabilities of discontinued operations and included within net loss from discontinued operations. All of Trinity’s equipment was sold in the year ended December 31, 2021 at auction through a third party auctioneer. All proceeds are being utilized to retire outstanding Trinity debt. The balance sheets of Trinity, MWTS and Jake are summarized below: ​ ​ ​ ​ ​ ​ ​ ​ ​ September 30, December 31, ​ ​ 2023 ​ 2022 Other current assets ​ $ 198,153 ​ $ — Current assets of discontinued operations ​ $ 198,153 ​ $ — ​ ​ ​ ​ ​ ​ ​ Accounts payable ​ $ 107,331 ​ $ 115,057 Accrued expenses and other liabilities ​ 322,667 ​ ​ 144,514 Current portion of notes payable ​ 1,891 ​ 2,684 Current liabilities of discontinued operations ​ 431,889 ​ ​ 262,255 Notes payable - secured, net of current portion ​ 234,336 ​ ​ 236,903 Notes payable - unsecured, net of current portion ​ 120,879 ​ ​ 150,845 Long term liabilities of discontinued operations ​ 355,215 ​ ​ 387,748 Total liabilities of discontinued operations ​ $ 787,104 ​ $ 650,003 ​ The statements of operations of Trinity, MWTS and Jake are summarized below: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three months ended Nine months ended ​ September 30, September 30, September 30, September 30, ​ ​ 2023 ​ 2022 2023 ​ 2022 Other expense ​ $ (111) ​ $ — ​ $ (3,885) ​ $ (27,545) Interest expense, net ​ (6,444) ​ ​ (2,852) ​ ​ (10,943) ​ ​ (8,545) Net loss from discontinued operations ​ $ (6,555) ​ $ (2,852) ​ $ (14,828) ​ $ (36,090) ​

COMMITMENTS AND CONTINGENCIES

COMMITMENTS AND CONTINGENCIES	9 Months Ended
	Sep. 30, 2023
COMMITMENTS AND CONTINGENCIES
COMMITMENTS AND CONTINGENCIES	NOTE 12 — COMMITMENTS AND CONTINGENCIES As of each of September 30, 2023 and December 31, 2022, the Company had cash collateral of $2,895,164 and $1,105,818 as collateral for its insurance policy, respectively. Litigation From time to time, SMG may be subject to routine litigation, claims, or disputes in the ordinary course of business. In the opinion of management, no pending or known threatened claims, actions or proceedings against SMG are expected to have a material adverse effect on SMG’s financial position, results of operations or cash flows. However, SMG cannot predict with certainty, and there can be no assurance as to the ultimate outcome of, any pending litigation, investigatory matters or claims.

LEASES

LEASES	9 Months Ended
	Sep. 30, 2023
LEASES
LEASES	NOTE 13 — LEASES The Company has operating leases for sales and administrative offices, motor vehicles and certain machinery and equipment. The Company’s leases have remaining lease terms of 1 year to 6 years. For purposes of calculating operating lease liabilities, lease terms may may ​ The components of lease cost for operating leases for the three and nine months ended September 30, 2023 and 2022 were as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three months ended Nine months ended ​ ​ September 30, 2023 September 30, 2022 September 30, 2023 September 30, 2022 Operating lease cost ​ $ 291,589 ​ $ 134,792 ​ $ 550,674 ​ $ 569,983 Short-term lease cost ​ ​ 1,232,132 ​ ​ 76,086 ​ ​ 1,795,400 ​ ​ 343,399 Total lease cost ​ $ 1,523,721 ​ $ 210,878 ​ $ 2,346,074 ​ $ 913,382 ​ Supplemental cash flow information related to leases was as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ Nine Months Ended ​ Nine Months Ended ​ ​ September 30, 2023 ​ September 30, 2022 Other Lease Information ​ ​ ​ ​ ​ ​ Cash paid for amounts included in the measurement of lease liabilities: ​ ​ ​ Operating cash flows from operating leases ​ $ 515,132 ​ $ 75,758 ​ The following table summarizes the lease-related assets and liabilities recorded in the consolidated balance sheets at September 30, 2023 and December 31, 2022: ​ ​ ​ ​ ​ ​ ​ ​ Lease Position September 30, 2023 December 31, 2022 Operating leases ​ ​ Operating lease right-of-use assets ​ $ 3,396,463 ​ $ 734,504 Right-of-use liabilities operating leases, current portion ​ $ 948,291 ​ $ 650,945 Right-of-use liabilities operating leases, long term ​ 2,637,403 ​ 278,137 Total right-of-use liabilities operating lease ​ $ 3,585,694 ​ $ 929,082 ​ The Company utilizes the incremental borrowing rate in determining the present value of lease payments unless the implicit rate is readily determinable. ​ ​ ​ ​ ​ ​ ​ Lease Term and Discount Rate September 30, 2023 December 31, 2022 Weighted-average remaining lease term (years) ​ ​ Operating leases 5.2 ​ 2.0 ​ Weighted-average discount rate ​ ​ ​ ​ Operating leases 7.7 % 8.6 % ​ The following table provides the maturities of lease liabilities at September 30, 2023: ​ ​ ​ ​ ​ ​ Operating ​ ​ Leases Maturity of Lease Liabilities at September 30, 2023 ​ ​ ​ 2023 (Three months remaining) ​ $ 473,146 2024 ​ 926,767 2025 ​ 682,531 2026 ​ 659,184 2027 and thereafter ​ 1,647,960 Total future undiscounted lease payments ​ $ 4,389,588 Less: Interest ​ (803,894) Present value of lease liabilities ​ $ 3,585,694 ​ At September 30, 2023, the Company had no additional leases which had not yet commenced.

RELATED PARTY TRANSACTIONS

RELATED PARTY TRANSACTIONS	9 Months Ended
	Sep. 30, 2023
RELATED PARTY TRANSACTIONS
RELATED PARTY TRANSACTIONS	NOTE 14 – RELATED PARTY TRANSACTIONS James E. Frye, who currently serves as a director on the Company’s Board and President of 5J Trucking LLC and 5J Oilfield Services LLC subsidiaries, also owns or has control over 5J Properties LLC, an entity that is the lessor to four leases with the Company. These four leased properties are located in Palestine, Pleasanton, West Odessa and Floresville, Texas, and all have similar five-year terms with options for renewal. The current monthly rent for these leases totals approximately $10,750. Mr. Frye is an owner of a Southwest- based crane rental company that the Company uses as a vendor and is a customer from time to time. During the nine months ended September 30, 2023 and 2022, the Company purchased $600,566 and $290,065, respectively, in rental services and charged the crane company $86,026 and $21,825, respectively, which amounts are included in our revenues. As of September 30, 2023, the Company owed $80,878 to and was owed $45,550 by the entities controlled by Mr. Frye. As of December 31, 2022, the Company owed $565,603 to and was owed $79,780 by the entities controlled by Mr. Frye. On June 15, 2020, the Company entered into an Interim Management Services Agreement with Apex Heritage Group, Inc. (the “Consultant”), over which Steven H. Madden, a related party and our former Chief Transition Officer, has sole voting and investment control. Pursuant to the Interim Management Services Agreement, the Consultant provided Jeffrey Martini to serve as the Company’s Chief Financial Officer, reporting to both the Company’s Chief Executive Officer and the Board. In December 2021, the Company issued a convertible promissory note with a principal amount of $250,000 to the Consultant for services as Chief Transition Officer for the period from August 1, 2021 until August 1, 2022. During the nine months ended September 30, 2023, the Company issued an additional convertible note payable of $250,000 for services as Chief Transition Officer for an additional year of service ending August 2023. During the nine months ended September 30, 2023, this note was settled by issuance of common stock as disclosed in Note 8. Effective January 1, 2023, the Company issued an aggregate of 5,205,148 shares of its common stock to various related party holders of the Company’s promissory notes in exchange for the noteholders agreeing to extend the maturity dates of an aggregate of $3,470,098 in the principal amount of the Company’s outstanding promissory notes as of September 30, 2023. Of the total, 2,686,500 shares were issued to holders of $1,791,000 in principal amount of convertible promissory notes and 2,518,648 shares were issued to holders of $1,679,098 in principal amount of unsecured notes payable. During the nine months ended September 30, 2023, the Company entered into unsecured notes with related parties totaling $1,000,000 in principal. See Note 8. During the nine months ended September 30, 2023, these notes were settled by issuance of common stock as disclosed in Note 8. During the nine months ended September 30, 2023, the Company entered into new convertible notes payable with related parties totaling approximately $672,164 in principal, including the $250,000 note related to Chief Transition Officer services described above. See Note 8. During the nine months ended September 30, 2023, these notes were settled by issuance of common stock as disclosed in Note 8. Upon the Acquisition, we entered into seven leases with entities controlled by the Company’s CEO and CFO for an aggregate lease payment of $55,000 per month for the Erie PA facility and the three facilities in South Carolina. See Note 13. On July 7, 2023, the Company entered into the SPA with Apex Heritage, an affiliate of Steven H. Madden, our director and the Company’s former Chief Transition Officer. The SPA provided for the sale of up to an aggregate of 1,500 shares of Series C Preferred Stock, at a price of $10,000 per share. On July 7, 2023, Apex Heritage purchased 500 shares for aggregate gross proceeds to the Company of $5,000,000. On August 30, 2023, Apex Heritage purchased an additional 61 shares for aggregate gross proceeds to the Company of $610,000. On August 16, 2023, Apex Heritage entered into a second securities purchase agreement, pursuant to which it purchased an additional 200 shares on September 13, 2023 for aggregate gross proceeds to the Company of $2,000,000. On September 1, 2023, the Company entered into a securities purchase agreement with each of Bryan and Tim, the Company’s Chief Executive Officer and Chief Financial Officer, respectively, for a total of 72 shares of Series C Preferred Stock with aggregate gross proceeds to the Company of $720,000. In August 2023, a related party of Apex charged a monthly rental fee for an over-dimensional load trailer. The monthly rental fee is $28,728 and is cancellable at any time.

SUBSEQUENT EVENTS

SUBSEQUENT EVENTS	9 Months Ended
	Sep. 30, 2023
SUBSEQUENT EVENTS
SUBSEQUENT EVENTS	NOTE 15 – SUBSEQUENT EVENTS On November 10, 2023, the Company and Apex Heritage entered into a securities purchase agreement, pursuant to which Apex Heritage purchased 146 shares of Series C Convertible Preferred Stock on November 10, 2023 for aggregate gross proceeds to the Company of $1,460,000.

SUMMARY OF SIGNIFICANT ACCOUN_2

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	9 Months Ended
	Sep. 30, 2023
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
Principles of Consolidation	Principles of Consolidation The Company prepares its consolidated financial statements on the accrual basis of accounting. The accompanying consolidated financial statements include the accounts of the Company and its wholly subsidiaries of Transportation, Fleet, Logistics, Global, Legend and Wash, and 5J Trucking LLC, 5J Oilfield Services LLC, 5J Specialized LLC, 5J Transportation LLC, 5J Logistics Services LLC and 5J Driveaway LLC (together referred to as “5J “ or “5J Transportation Group”), and discontinued operations of Momentum Water Transfer Services, LLC (“MWTS”), Jake Oilfield Solutions LLC (“Jake”) and Trinity Services LLC (“Trinity”), all of which have third quarter ends of September 30 and fiscal year ends of December 31. All intercompany accounts, balances and transactions have been eliminated in the consolidation.
Cash and cash equivalents	Cash and cash equivalents The Company considers all highly liquid accounts with original maturities of three months or less at the date of acquisition to be cash equivalents. Periodically, the Company may carry cash balances at financial institutions in excess of the federally insured limit of $250,000. The amount in excess of the FDIC insurance as of September 30, 2023 and December 31, 2022 was $2,598,167 and $854,207, respectively. The Company has not experienced losses on these accounts and management believes, based upon the quality of the financial institutions, that the credit risk with regard to these deposits is not significant. The following table provides a reconciliation of cash and cash equivalents and restricted cash reported within the consolidated balance sheets that sum to the total of the same such amounts shown in the consolidated statements of cash flows. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ September 30, 2023 ​ December 31, 2022 Cash and cash equivalents ​ $ 3,668,846 ​ $ 127,225 Restricted cash ​ 1,139,584 ​ 1,105,818 Total ​ $ 4,808,430 ​ $ 1,233,043 ​
Fair Value of Financial Instruments	Fair Value of Financial Instruments The carrying value of short-term instruments, including cash, accounts receivable, accounts payable and accrued expenses, and short-term notes approximate fair value due to the relatively short period to maturity for these instruments. The long-term debt approximates fair value because the related rates of interest approximate current market rates. Fair value is defined as the exchange price that would be received for an asset or paid to transfer a liability (an exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date. Valuation techniques used to measure fair value maximize the use of observable inputs and minimize the use of unobservable inputs. The Company utilizes a three-level valuation hierarchy for disclosures of fair value measurements, defined as follows: Level 1: inputs to the valuation methodology are quoted prices (unadjusted) for identical assets or liabilities in active markets. Level 2: inputs to the valuation methodology include quoted prices for similar assets and liabilities in active markets, and inputs that are observable for the assets or liability, either directly or indirectly, for substantially the full term of the financial instruments. Level 3: inputs to the valuation methodology are unobservable and significant to the fair value. The Company does not have any assets or liabilities that are required to be measured and recorded at fair value on a recurring basis.
Discontinued Operations	Discontinued Operations In December 2020, we decided to cease the operations of Trinity, Jake and MWTS. An entity that is disposed of by sale or ceasing of operations is reported as discontinued operations if the transaction represents a strategic shift that will have a major effect on an entity’s operations and financial results. As such, Jake, MWTS and Trinity are reported as discontinued operations. Assets and liabilities of the discontinued operations are aggregated and reported separately as assets and liabilities of discontinued operations in the consolidated balance sheets as of September 30, 2023 and December 31, 2022. The results of discontinued operations are aggregated and presented separately in the consolidated statements of operations as net loss from discontinued operations for the three and nine months ended September 30, 2023 and 2022. The cash flows of the discontinued operations are reflected as cash flows of discontinued operations within the Company’s consolidated statements of cash flows for the nine months ended September 30, 2023 and 2022.
Basic and Diluted Net Loss per Share	Basic and Diluted Net Loss per Share The Company presents both basic and diluted net loss per share on the face of the consolidated statements of operations. Basic net loss per share is computed by dividing net loss by the weighted average number of shares of common stock outstanding during the period. Diluted per share calculations give effect to all potentially dilutive shares of common stock outstanding during the period, including stock options and warrants using the treasury-stock method, and as a result of the adoption of Accounting Standards Update (“ASU”) 2020-06, using the if-converted method for outstanding convertible instruments. If anti-dilutive, the effect of potentially dilutive shares of common stock is ignored. For the three and nine months ended September 30, 2023, 3,364,137 common shares issuable under the Series C Convertible Preferred Stock, 6,525,000 stock options and 1,738,335 warrants were considered for their dilutive effects. For the three and nine months ended September 30, 2022, 1,525,000 stock options, 1,763,335 warrants and 79,467,400 shares issuable from convertible notes were considered for their dilutive effects. As a result of the Company’s net losses for the three and nine months ended September 30, 2023 and 2022, all potentially dilutive instruments were excluded as their effect would have been anti-dilutive.
Reclassifications	Reclassifications Certain reclassifications have been made to the prior year financial statements to conform to the current year presentation.
Recent Accounting Pronouncements	Recent Accounting Pronouncements In June 2016, the Financial Accounting Standards Board (“FASB”) issued ASU 2016-13, “Financial Instruments – Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments” (“ASU 2016-13”). ASU 2016-13 requires credit losses on most financial assets measured at amortized cost and certain other instruments to be measured using an expected credit loss model (referred to as the current expected credit loss (“CECL”) model). Under the CECL model, entities will estimate credit losses over the entire contractual term of the instrument (considering estimated prepayments, but not expected extensions or modifications unless reasonable expectation of a troubled debt restructuring exists) from the date of initial recognition of that instrument. Further, ASU 2016-13 made certain targeted amendments to the existing impairment standards for available for sale debt securities. An entity will apply the amendments in ASU 2016-13 through a cumulative-effect adjustment to retained earnings as of the beginning of the first reporting period in which the guidance is effective. The Company determined that the update applied to its trade accounts receivable and adopted the guidance on January 1, 2023 with no material impact to the Company’s consolidated financial statements or results of operations. The Company estimates its expected credit losses based on the expected losses on its receivables based on a variety of data, including current economic conditions in the Company’s industry and the credit status of the Company’s customers. In August 2020, the FASB issued ASU 2020-06, “Debt – Debt with Conversion and Other Options (Subtopic 470- 20) and Derivatives and Hedging – Contracts in Entity’s Own Equity (Subtopic 815-40): Accounting for Convertible Instruments and Contracts in an Entity’s Own Equity” (“ASU 2020-06”), which simplifies the accounting for certain financial instruments with characteristics of liabilities and equity. ASU 2020-06 (1) simplifies the accounting for convertible debt instruments and convertible preferred stock by removing the existing guidance in Accounting Standards Codification (“ASC”) 470-20, Debt: Debt with Conversion and Other Options, that requires entities to account for beneficial conversion features and cash conversion features in equity, separately from the host convertible debt or preferred stock; (2) revises the scope exception from derivative accounting in ASC 815-40 for freestanding financial instruments and embedded features that are both indexed to the issuer’s own stock and classified in stockholders’ equity, by removing certain criteria required for equity classification; and (3) revises the guidance in ASC 260, Earnings Per Share, to require entities to calculate diluted earnings per share (“EPS”) for convertible instruments by using the if-converted method. In addition, entities must presume share settlement for purposes of calculating diluted EPS when an instrument may be settled in cash or shares. The Company adopted this guidance on January 1, 2023, which resulted in a reduction to additional paid in capital of $4,694,664, a decrease in accumulated deficit of $3,486,887 and a reduction of remaining unamortized debt discount of $1,207,777 related to the previously recognized beneficial conversion features on the Company’s convertible debt. In October 2021, the FASB issued ASU 2021-08, “Business Combinations (Topic 805): Accounting for Contract Assets and Contract Liabilities from Contracts with Customers.” The ASU requires entities to apply Topic 606 to recognize and measure contract assets and contract liabilities in a business combination. The amendments improve comparability after the business combination by providing consistent recognition and measurement guidance for revenue contracts with customers acquired in a business combination and revenue contracts with customers not acquired in a business combination. The ASU is effective for fiscal years, including interim periods within those fiscal years, beginning after December 15, 2022. The Company adopted this standard effective on January 1, 2023. The adoption of ASU 2021-08 did not have a material impact on the Company’s consolidated financial statements and related disclosures.

SUMMARY OF SIGNIFICANT ACCOUN_3

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)	9 Months Ended
	Sep. 30, 2023
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
Schedule of reconciliation of cash, cash and cash equivalents and restricted cash reported within the balance sheet	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ September 30, 2023 ​ December 31, 2022 Cash and cash equivalents ​ $ 3,668,846 ​ $ 127,225 Restricted cash ​ 1,139,584 ​ 1,105,818 Total ​ $ 4,808,430 ​ $ 1,233,043

ACQUISITION (Tables)

ACQUISITION (Tables)	9 Months Ended
	Sep. 30, 2023
ACQUISITION
Schedule of purchase price	​ ​ ​ ​ ​ Preliminary Consideration Transferred ​ Cash, net of cash acquired of $176,824 ​ $ 24,073,176 Unsecured note payable, net of discount of $444,000 ​ 2,556,000 Common stock, consisting of 77,000,000 shares valued at $0.186 per share ​ 14,322,000 Preferred Stock, consisting of 500 shares of Series C Preferred Stock ​ 5,000,000 Net consideration ​ $ 45,951,176 ​
Schedule of the unaudited pro forma consolidated results of operations	​ ​ ​ ​ ​ Trade accounts receivable $ 5,510,109 Accounts receivable - related parties ​ 3,314 Notes receivable ​ 46,977 Inventories ​ 778,418 Prepaid and other ​ 1,432,817 Property, plant and equipment ​ 25,338,963 Trade names ​ 7,700,000 Customer relationships ​ 5,600,000 Non-compete agreements ​ 760,000 Right-of-use assets, operating leases ​ 3,171,744 Goodwill ​ 2,346,884 Accounts payable ​ (852,245) Other liabilities ​ (2,714,061) Right-of-use liabilities, operating lease ​ (3,171,744) Preliminary net assets acquired ​ $ 45,951,176 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ For the three months ended For the nine months ended ​ ​ September 30, 2023 ​ September 30, 2022 ​ September 30, 2023 ​ September 30, 2022 ​ ​ Pro Forma Pro Forma Pro Forma Pro Forma Revenue ​ $ 33,840,586 ​ $ 40,407,628 ​ $ 108,254,918 ​ $ 116,689,722 (Loss) income from operations ​ (3,176,064) ​ 224,972 ​ (4,173,154) ​ (1,024,826) Net loss attributable to common shareholders ​ (4,246,035) ​ (1,520,894) ​ (8,359,962) ​ (5,468,840) Net loss per common share ​ $ (0.02) ​ $ (0.01) ​ $ (0.03) ​ $ (0.02) ​

LONG-LIVED ASSETS (Tables)

LONG-LIVED ASSETS (Tables)	9 Months Ended
	Sep. 30, 2023
LONG-LIVED ASSETS
Schedule of property and equipment	​ ​ ​ ​ ​ ​ ​ ​ ​ September 30,2023 December 31, 2022 Equipment ​ $ 6,755,932 ​ $ 6,743,890 Trucks and Trailers ​ ​ 36,015,468 ​ ​ 11,331,834 Downhole oil tools ​ 659,873 ​ 659,873 Vehicles ​ 1,708,966 ​ 1,236,323 Buildings ​ ​ 1,600,663 ​ ​ 493,529 Furniture, fixtures and other ​ 956,116 ​ 279,198 ​ ​ ​ ​ ​ ​ ​ Property and equipment, gross ​ 47,697,018 ​ 20,744,647 ​ ​ ​ ​ ​ ​ ​ Less: accumulated depreciation ​ (19,341,254) ​ (15,329,817) ​ ​ ​ ​ ​ ​ ​ Property and equipment, net ​ $ 28,355,764 ​ $ 5,414,830
Schedule of identified intangible assets	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Useful ​ ​ ​ ​ Life (years) ​ September 30, 2023 ​ December 31, 2022 Trade names 10 ​ $ 7,700,000 ​ $ — Customer relationships 10 ​ 5,600,000 ​ — Non-compete agreements 5 ​ 760,000 ​ — ​ ​ ​ ​ ​ ​ ​ ​ ​ Intangible assets ​ ​ ​ 14,060,000 ​ — Less: accumulated amortization ​ ​ ​ (370,500) ​ — ​ ​ ​ ​ ​ ​ ​ ​ ​ Intangible assets, net ​ ​ ​ $ 13,689,500 ​ $ —

ACCRUED EXPENSES AND OTHER LI_2

ACCRUED EXPENSES AND OTHER LIABILITIES (Tables)	9 Months Ended
	Sep. 30, 2023
ACCRUED EXPENSES AND OTHER LIABILITIES
Schedule of accrued expenses and other liabilities	​ ​ ​ ​ ​ ​ ​ ​ ​ September 30,2023 December 31, 2022 Payroll and payroll taxes payable ​ $ 1,361,015 ​ $ 1,236,643 State and local tax payable ​ 345,085 ​ 166,948 Interest payable ​ ​ 101,977 ​ ​ 400,049 Accrued operational expenses ​ ​ 5,054,056 ​ ​ 871,720 Accrued general and administrative expenses ​ ​ 238,616 ​ ​ 59,621 Accrued dividends ​ ​ 126,547 ​ ​ — Other ​ 197,687 ​ 109,520 ​ ​ ​ ​ ​ ​ ​ Total Accrued Expenses and Other Liabilities ​ $ 7,424,983 ​ $ 2,844,501 ​

NOTES PAYABLE (Tables)

NOTES PAYABLE (Tables)	9 Months Ended
	Sep. 30, 2023
NOTES PAYABLE
Schedule of future maturities of all Company debt	Future maturities of the principal balance of all Company debt as of September 30, 2023 are as follows: ​ ​ ​ ​ ​ 2024 $ 47,472,665 2025 ​ 523,994 2026 ​ 525,856 2027 ​ 519,761 2028 ​ 500,004 Thereafter ​ ​ 499,980 Total ​ $ 50,042,260 ​
Secured Debt
NOTES PAYABLE
Schedule of notes payable	​ ​ ​ ​ ​ ​ ​ ​ ​ September 30, December 31, ​ ​ 2023 ​ 2022 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Secured note payable issued December 7, 2018 to a shareholder, bearing interest of 10% per year, due one year after issuance. In January 2023 the maturity date of the note was extended to June 30, 2023. During the nine months ended September 30, 2023, this note was paid in full. ​ $ — ​ $ 100,000 ​ ​ ​ ​ ​ ​ ​ Secured note payable issued December 7, 2018 to a shareholder, bearing interest of 10% per year, due one year after issuance. In January 2023 the maturity date of the note was extended to June 30, 2023. During the nine months ended September 30, 2023, this note was paid in full. ​ — ​ 100,000 ​ ​ ​ ​ ​ ​ ​ Secured note payable issued December 7, 2018, bearing interest of 10% per year, due one year after issuance. During the nine months ended September 30, 2023, this note was paid in full. ​ ​ — ​ ​ 100,000 ​ ​ ​ ​ ​ ​ ​ Secured note payable issued on December 7, 2018 related to the acquisition of MWTS, bearing interest of 6% per year and due in monthly installments of $7,500, with a maturity date of December 8, 2023. On September 29, 2022, the Company entered into a settlement of debt agreement and release. Per the agreement, the Company converted approximately $467,000 of debt into shares of common stock. The Company will pay six remaining quarterly payments of approximately $45,833 per month from December 2022 through March 31, 2024, the amended maturity date. ​ 91,667 ​ 275,000 ​ ​ ​ ​ ​ ​ ​ Secured note payable issued May 1, 2019 to a shareholder, bearing interest of 10% per year, with a principal balance of $100,000. During the nine months ended September 30, 2023, this note was paid in full. ​ — ​ 100,000 ​ ​ ​ ​ ​ ​ ​ Secured note payable issued June 17, 2019 to a shareholder, bearing interest of 10% per year, due June 30, 2020. During the nine months ended September 30, 2023, this note was paid in full. ​ — ​ 80,000 ​ ​ ​ ​ ​ ​ Secured note payable with a related party issued February 27, 2020 in connection with the 5J acquisition, bearing interest of 10% per year, and which matured on February 1, 2023. During the nine months ended September 30, 2023, this note was paid in full. ​ — ​ 2,000,000 ​ ​ ​ ​ ​ ​ ​ Various notes payable secured by equipment of 5J Trucking, LLC, bearing interest ranging from 5.32% to 5.5% maturing from January 2023 through March 2023. During the nine months ended September 30, 2023, this note was paid in full. ​ ​ — ​ ​ 64,521 ​ ​ ​ ​ ​ ​ ​ Secured note payable with a related party issued on February 27, 2020, bearing interest of 10.0% per year, which matured on March 1, 2023. During the nine months ended September 30, 2023, this note was paid in full. ​ ​ — ​ ​ 77,856 ​ ​ ​ ​ ​ ​ ​ Secured promissory notes for SMG Industries Inc., and 5J Trucking LLC, with Small Business Administration Economic Injury Disaster Loans, bearing interest of 3.75% annually and maturing in June, August, and September 2050. ​ — ​ 299,493 ​ ​ ​ ​ ​ ​ ​ Secured promissory note issued on June 20, 2020 in connection with an equipment purchase. The note was due and payable in thirty-six monthly installments of $45,585 commencing on July 20, 2020, and the final installment was due on July 1, 2023. During the nine months ended September 30, 2023, this note was paid in full. ​ ​ — ​ ​ 347,045 ​ ​ ​ ​ ​ ​ ​ Secured promissory note issued on January 27, 2022. The note was due on May 1, 2026 and secured by machinery and equipment owned by the Company. The Company paid an initial installment of $95,025, with monthly payments of approximately $15,275 per month beginning in June 2022 through maturity. During the nine months ended September 30, 2023, this note was paid in full. ​ ​ — ​ ​ 538,613 ​ ​ ​ ​ ​ ​ ​ Secured promissory note issued on July 11, 2022. The note is due on June 8, 2027 and secured by equipment owned by the Company. The Company will pay monthly payments of approximately $2,372 per month beginning in July 2022 through maturity. ​ 91,860 ​ ​ 109,833 ​ ​ ​ ​ ​ ​ ​ Secured promissory note issued on November 30, 2022. The note was due and payable in thirty-six monthly installments of $3,304 commencing on December 30, 2022 and the final installment was due on November 30, 2025. During the nine months ended September 30, 2023, this note was paid in full. ​ ​ — ​ ​ 104,103 ​ ​ ​ ​ ​ ​ ​ Secured promissory note with Amerisource, a related party, issued on September 7, 2021 in the amount of $12,740,000, bearing interest at 12%, and maturing September 7, 2026. The Company was required to make monthly payments of interest only beginning October 1, 2021, with payments of principal and interest beginning in October 2022. On March 15, 2022, the Company entered into an agreement with Amerisource, to amend the Loan Agreement dated September 7, 2021, pursuant to which Amerisource agreed to increase the loan commitment to the Company from $12,740,000 to $16,740,000. In January 2023, the Company received $1,000,000 in additional proceeds under this facility, which had a maturity date of June 30, 2023. During the nine months ended September 30, 2023, this note was paid in full. ​ ​ — ​ ​ 15,911,485 ​ ​ ​ ​ ​ ​ ​ Secured term loan issued July 7, 2023, bearing interest at a fluctuating rate of interest per year based on a Term SOFR Rate (as defined in the Term Loan Credit Agreement) plus a margin of 6.50%, which Applicable Rate (as defined in the Term Loan Credit Agreement) may adjust lower (but no lower than 5.50%) based on the leverage ratio of the borrowers and their subsidiaries commencing on the six-month anniversary from closing. The principal amount of the term loan shall be repaid in equal monthly installments of $396,075 commencing on September 1, 2023. The term loan matures on July 7, 2026. ​ ​ 31,289,982 ​ ​ — Total secured notes payable ​ ​ 31,473,509 ​ ​ 20,207,949 Less unamortized discount and deferred finance costs ​ (1,826,906) ​ — Less current maturities ​ (29,577,004) ​ (6,987,802) ​ ​ ​ ​ ​ ​ ​ Long term secured notes payable, net of current maturities ​ $ 69,599 ​ $ 13,220,147
Unsecured Debt
NOTES PAYABLE
Schedule of notes payable	​ ​ ​ ​ ​ ​ ​ ​ ​ September 30, December 31, ​ ​ 2023 ​ 2022 Insurance premium financing note with original principal of $1,677,968, monthly payments of $174,154, with stated interest of 8.0%, and a maturity date of May 1, 2023. On February 1, 2023, the policy was extended with principal amount of $645,195, monthly payments of $164,543, stated interest of 9.6% and a maturity date of June 1, 2023. ​ $ — ​ $ 640,083 ​ ​ ​ ​ ​ ​ ​ Insurance premium financing note with original principal of $485,830, monthly payments of $49,809, with stated interest of 5.470%, and which matured on February 14, 2023. ​ ​ — ​ ​ 98,780 ​ ​ ​ ​ ​ ​ ​ Unsecured note payable with a shareholder. Note issued on August 10, 2018 for $40,000, due December 30, 2018 (extended to June 30, 2020) with 10% interest per year, and balance of payable was due on demand. An additional $25,000 was advanced and was due on demand. On September 9, 2022, the maturity date of the note was extended to December 31, 2022. In January 2023, the maturity date of the note was extended to June 30, 2023. During the nine months ended September 30, 2023, this note was paid in full. ​ ​ — ​ ​ 44,559 ​ ​ ​ ​ ​ ​ ​ Unsecured payable for settlement of lawsuit with an original settlement on April 13, 2021 for $196,188, monthly payments of $6,822 for 24 months, an interest rate of 6% and a default interest rate of 18%. ​ ​ — ​ ​ 2,925 ​ ​ ​ ​ ​ ​ ​ Unsecured note payable with a shareholder, a related party. Note issued on December 22, 2021 for $150,000, due January 31, 2022 with 12% interest per year. During the year ended December 31, 2022, an additional $895,025 was loaned by the shareholder, related party. On August 3, 2022, the maturity date of the note was extended to December 31, 2022. In January 2023, the maturity date of the note was extended to June 30, 2023. During the nine months ended September 30, 2023, this note was settled by issuance of common stock. ​ ​ — ​ ​ 1,045,025 ​ ​ ​ ​ ​ ​ ​ Unsecured note payable with a shareholder, a related party. Note issued on December 22, 2021 for $150,000, due January 31, 2022 with 12% interest per year. On January 6, 2022, the shareholder, related party, loaned the Company an additional $100,000. On August 3, 2022, the maturity date of the note was extended to December 31, 2022. In January 2023, the maturity date of the note was extended to June 30, 2023. During the nine months ended September 30, 2023, this note was settled by issuance of common stock. ​ ​ — ​ ​ 250,000 ​ ​ ​ ​ ​ ​ ​ Unsecured note payable with a shareholder, a related party. Note issued on December 22, 2021 for $150,000, due January 31, 2022 with 12% interest per year. On January 6, 2022, the shareholder loaned the Company an additional $100,000. On August 3, 2022, the maturity date of the note was extended to December 31, 2022. In January 2023, the maturity date of the note was extended to June 30, 2023. During the nine months ended September 30, 2023, this note was settled by issuance of common stock. ​ ​ — ​ ​ 250,000 ​ ​ ​ ​ ​ ​ ​ Unsecured note payable with a shareholder, a related party. Note issued on February 14, 2022 for $134,073, due March 31, 2022 with 12% interest per year. On August 3, 2022, the maturity date of the note was extended to December 31, 2022. In January 2023, the maturity date of the note was extended to June 30, 2023. During the nine months ended September 30, 2023, this note was settled by issuance of common stock. ​ ​ — ​ ​ 134,073 ​ ​ ​ ​ ​ ​ ​ Unsecured notes payable with a shareholder, a related party. Note issued on July 7, 2023 for $3,000,000, due on the 72-month anniversary of the closing with 6% interest per year. ​ ​ 3,000,000 ​ ​ — ​ ​ ​ ​ ​ ​ ​ Unsecured note payable with a shareholder, a related party. Note issued on July 7, 2023 for $1,460,139, non-interest bearing and due on demand. ​ ​ 1,460,139 ​ ​ — ​ ​ ​ ​ ​ ​ ​ Insurance premium financing note with original principal of $1,929,146 , monthly payments of $199,842 , with stated interest of 7.76% , and maturing on May 1, 2024 . ​ ​ 1,529,462 ​ ​ — ​ ​ ​ ​ ​ ​ ​ Insurance premium financing note with original principal of $1,558,210 , monthly payments of $161,075 , with stated interest of 7.29% , and maturing on May 1, 2024 . ​ ​ 1,236,090 ​ ​ — ​ ​ ​ ​ ​ ​ ​ Total notes payable - unsecured ​ ​ 7,225,661 ​ ​ 2,465,445 Less discounts ​ ​ (413,090) ​ ​ — Less current portion ​ (4,725,665) ​ (2,465,445) ​ ​ ​ ​ ​ ​ ​ Notes payable - unsecured, net of current portion ​ $ 2,086,906 ​ $ —

STOCK OPTIONS AND WARRANTS (Tab

STOCK OPTIONS AND WARRANTS (Tables)	9 Months Ended
	Sep. 30, 2023
STOCK OPTIONS AND WARRANTS
Summary of stock option information	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Aggregate ​ ​ Weighted ​ ​ Aggregate ​ Exercise ​ Exercise ​ Average ​ ​ Number ​ Price ​ Price Range ​ Exercise Price Outstanding, December 31, 2022 1,525,000 ​ $ 546,250 ​ $ 0.25-0.45 ​ $ 0.36 Granted 5,100,000 ​ ​ 1,275,000 ​ ​ 0.25 ​ ​ 0.25 Exercised — ​ ​ — ​ ​ — ​ ​ — Cancelled, forfeited or expired (100,000) ​ ​ (75,000) ​ ​ 0.75 ​ ​ 0.75 Outstanding, September 30, 2023 6,525,000 ​ $ 1,746,250 ​ $ 0.25-0.45 ​ $ 0.27 Exercisable, September 30, 2023 1,505,000 ​ $ 491,250 ​ $ 0.25-0.45 ​ $ 0.33
Summary of stock warrant information	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Aggregate ​ ​ Weighted ​ ​ Aggregate ​ Exercise ​ Exercise ​ Average ​ ​ Number ​ Price ​ Price Range ​ Exercise Price Outstanding, December 31, 2022 1,763,335 $ 496,667 ​ $ 0.15-$0.75 ​ $ 0.28 Issued — ​ — ​ ​ — ​ ​ — Exercised — ​ — ​ ​ — ​ — Cancelled, forfeited or expired (25,000) $ 18,750 ​ $ 0.75 ​ $ 0.75 Outstanding, September 30, 2023 1,738,335 ​ $ 477,917 ​ $ 0.15 - $0.40 ​ $ 0.27 Exercisable, September 30, 2023 1,738,335 ​ $ 477,917 ​ $ 0.15 - $0.40 ​ $ 0.27

DISPOSITION OF BUSINESSES (Tabl

DISPOSITION OF BUSINESSES (Tables)	9 Months Ended
	Sep. 30, 2023
DISPOSITION OF BUSINESSES
Summary of balance sheets and statements of operations of Trinity and MG combined	​ ​ ​ ​ ​ ​ ​ ​ ​ September 30, December 31, ​ ​ 2023 ​ 2022 Other current assets ​ $ 198,153 ​ $ — Current assets of discontinued operations ​ $ 198,153 ​ $ — ​ ​ ​ ​ ​ ​ ​ Accounts payable ​ $ 107,331 ​ $ 115,057 Accrued expenses and other liabilities ​ 322,667 ​ ​ 144,514 Current portion of notes payable ​ 1,891 ​ 2,684 Current liabilities of discontinued operations ​ 431,889 ​ ​ 262,255 Notes payable - secured, net of current portion ​ 234,336 ​ ​ 236,903 Notes payable - unsecured, net of current portion ​ 120,879 ​ ​ 150,845 Long term liabilities of discontinued operations ​ 355,215 ​ ​ 387,748 Total liabilities of discontinued operations ​ $ 787,104 ​ $ 650,003 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three months ended Nine months ended ​ September 30, September 30, September 30, September 30, ​ ​ 2023 ​ 2022 2023 ​ 2022 Other expense ​ $ (111) ​ $ — ​ $ (3,885) ​ $ (27,545) Interest expense, net ​ (6,444) ​ ​ (2,852) ​ ​ (10,943) ​ ​ (8,545) Net loss from discontinued operations ​ $ (6,555) ​ $ (2,852) ​ $ (14,828) ​ $ (36,090) ​

LEASES (Tables)

LEASES (Tables)	9 Months Ended
	Sep. 30, 2023
LEASES
Schedule of components of lease cost for operating and finance leases	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three months ended Nine months ended ​ ​ September 30, 2023 September 30, 2022 September 30, 2023 September 30, 2022 Operating lease cost ​ $ 291,589 ​ $ 134,792 ​ $ 550,674 ​ $ 569,983 Short-term lease cost ​ ​ 1,232,132 ​ ​ 76,086 ​ ​ 1,795,400 ​ ​ 343,399 Total lease cost ​ $ 1,523,721 ​ $ 210,878 ​ $ 2,346,074 ​ $ 913,382
Schedule of supplemental cash flow information	​ ​ ​ ​ ​ ​ ​ ​ ​ Nine Months Ended ​ Nine Months Ended ​ ​ September 30, 2023 ​ September 30, 2022 Other Lease Information ​ ​ ​ ​ ​ ​ Cash paid for amounts included in the measurement of lease liabilities: ​ ​ ​ Operating cash flows from operating leases ​ $ 515,132 ​ $ 75,758
Schedule of lease-related assets and liabilities recorded in the consolidated balance sheets	​ ​ ​ ​ ​ ​ ​ ​ Lease Position September 30, 2023 December 31, 2022 Operating leases ​ ​ Operating lease right-of-use assets ​ $ 3,396,463 ​ $ 734,504 Right-of-use liabilities operating leases, current portion ​ $ 948,291 ​ $ 650,945 Right-of-use liabilities operating leases, long term ​ 2,637,403 ​ 278,137 Total right-of-use liabilities operating lease ​ $ 3,585,694 ​ $ 929,082
Schedule of incremental borrowing rate in determining the present value of lease payments unless the implicit rate	​ ​ ​ ​ ​ ​ ​ Lease Term and Discount Rate September 30, 2023 December 31, 2022 Weighted-average remaining lease term (years) ​ ​ Operating leases 5.2 ​ 2.0 ​ Weighted-average discount rate ​ ​ ​ ​ Operating leases 7.7 % 8.6 %
Schedule of maturities of lease liabilities	​ ​ ​ ​ ​ ​ Operating ​ ​ Leases Maturity of Lease Liabilities at September 30, 2023 ​ ​ ​ 2023 (Three months remaining) ​ $ 473,146 2024 ​ 926,767 2025 ​ 682,531 2026 ​ 659,184 2027 and thereafter ​ 1,647,960 Total future undiscounted lease payments ​ $ 4,389,588 Less: Interest ​ (803,894) Present value of lease liabilities ​ $ 3,585,694

BACKGROUND AND BASIS OF PRESE_2

BACKGROUND AND BASIS OF PRESENTATION (Details) - lb lb in Thousands	Sep. 30, 2023	Jul. 07, 2023
Business Acquisition [Line Items]
Maximum capacity of loads (in pound)	500
Barnhart Companies
Business Acquisition [Line Items]
Percentage of membership interests		100%

SUMMARY OF SIGNIFICANT ACCOUN_4

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022	Jan. 01, 2023	Dec. 31, 2022
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
Cash Balances at financial institutions in excess of insured limit	$ 2,598,167		$ 2,598,167			$ 854,207
Additional paid in capital	62,544,267		62,544,267		$ 4,694,664	18,081,457
Accumulated deficit	$ (47,806,078)		$ (47,806,078)		(3,486,887)	$ (44,642,776)
Unamortized debt discount					$ 1,207,777
Convertible notes
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
Anti-dilutive shares, excluded from computation of earnings per share	3,364,137	79,467,400	3,364,137	79,467,400
Warrants
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
Anti-dilutive shares, excluded from computation of earnings per share		1,763,335		1,763,335
Warrants | Convertible notes
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
Anti-dilutive shares, excluded from computation of earnings per share	1,738,335		1,738,335
Stock option
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
Anti-dilutive shares, excluded from computation of earnings per share	6,525,000	1,525,000	6,525,000	1,525,000

SUMMARY OF SIGNIFICANT ACCOUN_5

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Reconciliation of cash, cash and cash equivalents and restricted cash reported within the balance sheet (Details) - USD ($)	Sep. 30, 2023	Dec. 31, 2022	Sep. 30, 2022	Dec. 31, 2021
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
Cash and cash equivalents	$ 3,668,846	$ 127,225
Restricted cash	1,139,584	1,105,818
Total	$ 4,808,430	$ 1,233,043	$ 1,501,301	$ 1,116,176

ACQUISITION (Details)

ACQUISITION (Details) - USD ($)		9 Months Ended
	Jul. 07, 2023	Sep. 30, 2023
ACQUISITION
Cash, net of cash acquired of $176,824		$ 24,073,176
Unsecured notes payable
ACQUISITION
Discount		$ 413,090
Barnhart Companies
ACQUISITION
Cash, net of cash acquired of $176,824	$ 24,073,176
Unsecured note payable, net of discount of $444,000	2,556,000
Net consideration	45,951,176
Cash acquired	176,824
Barnhart Companies | Unsecured notes payable
ACQUISITION
Discount	444,000
Barnhart Companies | Common stock
ACQUISITION
Common stock, and preferred stock shares	$ 14,322,000
Number of shares issued	77,000,000
Share price	$ 0.186
Barnhart Companies | Preferred stock
ACQUISITION
Common stock, and preferred stock shares	$ 5,000,000
Barnhart Companies | Preferred stock | Series C preferred stock
ACQUISITION
Number of shares issued	500

ACQUISITION - Fair value of the

ACQUISITION - Fair value of the assets acquired and liabilities assumed (Details) - USD ($)	Sep. 30, 2023	Jul. 07, 2023
ACQUISITION
Right-of-use assets, operating leases	$ 3,171,744
Goodwill	2,346,884
Right-of-use liabilities, operating lease	(3,171,744)
Barnhart Companies
ACQUISITION
Notes receivable		$ 46,977
Inventories		778,418
Prepaid and other		1,432,817
Property, plant and equipment		25,338,963
Right-of-use assets, operating leases		3,171,744
Goodwill	$ 2,346,884	2,346,884
Accounts payable		(852,245)
Other liabilities		(2,714,061)
Right-of-use liabilities, operating lease		(3,171,744)
Preliminary net assets acquired		45,951,176
Barnhart Companies | Trade names
ACQUISITION
Intangibles		7,700,000
Barnhart Companies | Customer relationships
ACQUISITION
Intangibles		5,600,000
Barnhart Companies | Non-compete agreements
ACQUISITION
Intangibles		760,000
Barnhart Companies | Other parties
ACQUISITION
Accounts receivable		5,510,109
Barnhart Companies | Related party
ACQUISITION
Accounts receivable		$ 3,314

ACQUISITION - Unaudited pro for

ACQUISITION - Unaudited pro forma consolidated results of operations (Details) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
ACQUISITION
Revenue	$ 33,840,586	$ 40,407,628	$ 108,254,918	$ 116,689,722
(Loss) income from operations	(3,176,064)	224,972	(4,173,154)	(1,024,826)
Net loss attributable to common shareholders	$ (4,246,035)	$ (1,520,894)	$ (8,359,962)	$ (5,468,840)
Net loss per common share, basic	$ (0.02)	$ (0.01)	$ (0.03)	$ (0.02)
Net loss per common share, diluted	$ (0.02)	$ (0.01)	$ (0.03)	$ (0.02)

ACQUISITION - Additional inform

ACQUISITION - Additional information (Details) - USD ($)		3 Months Ended	9 Months Ended
	Jul. 07, 2023	Sep. 30, 2023	Sep. 30, 2023
Jet Park Warehousing, LLC and Lakeshore Warehousing, LLC | Barnhart Companies
ACQUISITION
Lease rent per month	$ 55,000
Lease term	6 years
Barnhart Companies
ACQUISITION
Percentage of membership interests	100%
Interest rate	6%
Indemnification escrow amount	$ 3,000,000
Release period of unused indemnification claim	18 months
Escrow deposit for purchase price adjustments	$ 250,000
Lease rent per month			$ 55,000
Total revenue of acquiree from acquisition date		$ 14,378,874	14,378,874
Total net loss from continuing operations of acquiree from acquisition date		1,353,326	1,353,326
Transaction costs		$ 743,591	$ 743,591
Barnhart Companies | Jet Park Warehousing, LLC and Lakeshore Warehousing, LLC
ACQUISITION
Value of shares issued	$ 93,000
Barnhart Companies | Advisor
ACQUISITION
Number of shares issued	500,000
Barnhart Companies | Unsecured notes payable
ACQUISITION
Maturity term	72 months
Monthly payment	$ 41,667

REVENUE AND CONCENTRATIONS (Det

REVENUE AND CONCENTRATIONS (Details) - Customer concentration - Accounts receivable - Customer - customer	9 Months Ended	12 Months Ended
	Sep. 30, 2023	Dec. 31, 2022
REVENUE AND CONCENTRATIONS
Number of customers	1	1
Concentration risk percentage	12%	14%

LONG-LIVED ASSETS (Details)

LONG-LIVED ASSETS (Details) - USD ($)	Sep. 30, 2023	Dec. 31, 2022
LONG-LIVED ASSETS
Property and equipment, gross	$ 47,697,018	$ 20,744,647
Less: accumulated depreciation	(19,341,254)	(15,329,817)
Property and equipment, net	28,355,764	5,414,830
Equipment
LONG-LIVED ASSETS
Property and equipment, gross	6,755,932	6,743,890
Trucks and Trailers
LONG-LIVED ASSETS
Property and equipment, gross	36,015,468	11,331,834
Downhole oil tools
LONG-LIVED ASSETS
Property and equipment, gross	659,873	659,873
Vehicles
LONG-LIVED ASSETS
Property and equipment, gross	1,708,966	1,236,323
Buildings
LONG-LIVED ASSETS
Property and equipment, gross	1,600,663	493,529
Furniture, fixtures and other
LONG-LIVED ASSETS
Property and equipment, gross	$ 956,116	$ 279,198

LONG-LIVED ASSETS - Additional

LONG-LIVED ASSETS - Additional Information (Details) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022	Jul. 07, 2023
LONG-LIVED ASSETS
Depreciation expense	$ 2,485,305	$ 1,398,753	$ 4,011,437	$ 4,144,644
Goodwill	2,346,884		2,346,884
Barnhart Companies
LONG-LIVED ASSETS
Goodwill	$ 2,346,884		$ 2,346,884		$ 2,346,884

LONG-LIVED ASSETS - Intangible

LONG-LIVED ASSETS - Intangible assets (Details) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022	Dec. 31, 2022
LONG-LIVED ASSETS
Intangible assets	$ 14,060,000		$ 14,060,000
Less: accumulated amortization	(370,500)		(370,500)		$ 0
Intangible assets, net	13,689,500		13,689,500
Amortization expense	370,500	$ 0	370,500	$ 0
2023	370,500		370,500
2024	1,482,000		1,482,000
2025	1,482,000		1,482,000
2026	1,482,000		1,482,000
2027	1,482,000		1,482,000
Beyond years	7,391,000		7,391,000
Trade names
LONG-LIVED ASSETS
Intangible assets	$ 7,700,000		$ 7,700,000
Useful Life (years)	10 years		10 years
Customer relationships
LONG-LIVED ASSETS
Intangible assets	$ 5,600,000		$ 5,600,000
Useful Life (years)	10 years		10 years
Non-compete agreements
LONG-LIVED ASSETS
Intangible assets	$ 760,000		$ 760,000
Useful Life (years)	5 years		5 years

ACCRUED EXPENSES AND OTHER LI_3

ACCRUED EXPENSES AND OTHER LIABILITIES (Details) - USD ($)	Sep. 30, 2023	Dec. 31, 2022
ACCRUED EXPENSES AND OTHER LIABILITIES
Payroll and payroll taxes payable	$ 1,361,015	$ 1,236,643
State and local tax payable	345,085	166,948
Interest payable	101,977	400,049
Accrued operational expenses	5,054,056	871,720
Accrued general and administrative expenses	238,616	59,621
Accrued dividend	126,547
Other	197,687	109,520
Total Accrued Expenses and Other Liabilities	$ 7,424,983	$ 2,844,501

NOTES PAYABLE - Secured notes p

NOTES PAYABLE - Secured notes payable (Details) - USD ($)	Sep. 30, 2023	Jan. 01, 2023	Dec. 31, 2022	Sep. 07, 2021
Notes payable:
Amount of notes payable	$ 31,473,509		$ 20,207,949
Less current maturities	(29,577,004)		(6,987,802)
Long term secured notes payable, net of current maturities	69,599		13,220,147
Secured notes payable
Notes payable:
Less unamortized discount and deferred finance costs	(1,826,906)
Less current maturities		$ (480,000)
Secured note Dec 2018 One
Notes payable:
Amount of notes payable			100,000
Secured Note Dec 2018 Two
Notes payable:
Amount of notes payable			100,000
Secured Note Dec 2018 Three
Notes payable:
Amount of notes payable			100,000
Secured Note Dec 2018 Four
Notes payable:
Amount of notes payable	91,667		275,000
Secured Note May 2019 One
Notes payable:
Amount of notes payable			100,000
Secured Note June 2019
Notes payable:
Amount of notes payable			80,000
Secured Note February 2020 One
Notes payable:
Amount of notes payable			2,000,000
Various Secured Notes Payable Maturing From January 2023 Through March 2023
Notes payable:
Amount of notes payable			64,521
Secured Note February 2020 Two
Notes payable:
Amount of notes payable			77,856
Secured Promissory Notes
Notes payable:
Amount of notes payable			299,493
Secured Promissory Notes, June 2020
Notes payable:
Amount of notes payable			347,045
Secured promissory note issued on January 27, 2022.
Notes payable:
Amount of notes payable			538,613
Secured promissory note due on July 11 2022
Notes payable:
Amount of notes payable	91,860		109,833
Secured Promissory Note November 2022
Notes payable:
Amount of notes payable			104,103
Secured Promissory Note September 2021
Notes payable:
Amount of notes payable			$ 15,911,485	$ 12,740,000
Secured Promissory Note due on July 7 2023
Notes payable:
Amount of notes payable	31,289,982
Less unamortized discount and deferred finance costs	$ (1,826,906)

NOTES PAYABLE - Unsecured notes

NOTES PAYABLE - Unsecured notes payable (Details) - USD ($)	Sep. 30, 2023	Dec. 31, 2022
Notes Payable
Outstanding balance	$ 7,225,661	$ 2,465,445
Less current portion	(4,725,665)	(2,465,445)
Notes payable - unsecured, net of current portion	2,086,906	0
Unsecured notes payable
Notes Payable
Less discount	(413,090)
Insurance premium financing note May 1, 2023
Notes Payable
Outstanding balance		640,083
Insurance premium financing note matured on February 14, 2023
Notes Payable
Outstanding balance		98,780
Unsecured Note Payable With Shareholder
Notes Payable
Outstanding balance		44,559
Unsecured note payable for settlement of lawsuit
Notes Payable
Outstanding balance		2,925
Unsecured note payable with shareholder one
Notes Payable
Outstanding balance		1,045,025
Unsecured note payable with shareholder two
Notes Payable
Outstanding balance		250,000
Unsecured note payable with shareholder three
Notes Payable
Outstanding balance		250,000
Unsecured note payable with shareholder four
Notes Payable
Outstanding balance		$ 134,073
Unsecured notes payable with shareholder five
Notes Payable
Outstanding balance	3,000,000
Unsecured notes payable with shareholder six
Notes Payable
Outstanding balance	1,460,139
Insurance premium financing note One, May 1, 2024
Notes Payable
Outstanding balance	1,529,462
Insurance premium financing note Two, May 1, 2024
Notes Payable
Outstanding balance	$ 1,236,090

NOTES PAYABLE - Additional Info

NOTES PAYABLE - Additional Information (Details)																							1 Months Ended	3 Months Ended			9 Months Ended		12 Months Ended
	Sep. 01, 2023 USD ($)	Aug. 31, 2023 USD ($)	Jul. 31, 2023 USD ($)	Jul. 20, 2023 USD ($)	Jul. 07, 2023 USD ($) shares	Mar. 31, 2023 USD ($) Lender $ / shares shares	Feb. 01, 2023 USD ($)	Jan. 27, 2023 USD ($) item shares	Jan. 19, 2023 USD ($)	Jan. 18, 2023 Lender shares	Jan. 01, 2023 USD ($) shares	Dec. 31, 2022 USD ($) shares	Nov. 30, 2022 USD ($) installment	Sep. 29, 2022 USD ($)	Jul. 11, 2022 USD ($)	Jan. 27, 2022 USD ($)	Jan. 06, 2022 USD ($)	Sep. 07, 2021 USD ($)	Apr. 13, 2021 USD ($)	Jun. 20, 2020 USD ($) installment	Feb. 27, 2020 USD ($) $ / shares shares	Dec. 07, 2018 USD ($) item	Jan. 31, 2023 USD ($)	Sep. 30, 2023 USD ($) $ / shares shares	Mar. 31, 2023 USD ($) $ / shares shares	Sep. 30, 2022 USD ($)	Sep. 30, 2023 USD ($) $ / shares shares	Sep. 30, 2022 USD ($)	Dec. 31, 2022 USD ($) shares	Jun. 01, 2023 USD ($)	Mar. 15, 2022 USD ($)	Feb. 27, 2022	Feb. 14, 2022 USD ($)	Dec. 31, 2021 USD ($)	Dec. 22, 2021 USD ($)	Feb. 27, 2021	Jun. 17, 2019	May 01, 2019 USD ($)	Aug. 10, 2018 USD ($)
NOTES PAYABLE
Current portion of secured notes payable, net												$ 6,987,802												$ 29,577,004			$ 29,577,004		$ 6,987,802
Shares issued during period | shares					52,058,785	3,008,246				3,008,246
Gain on extinguishment of debt																								3,381,248		$ 564,814	3,381,248	$ 564,814
Amount of notes payable												20,207,949												31,473,509			31,473,509		20,207,949
Number of purchasers | Lender						4				4
outstanding balance																								50,042,260			50,042,260
Repayment of convertible debt																											50,000
Accrued interest												$ 400,049												$ 101,977			$ 101,977		$ 400,049
Amerisource Note
NOTES PAYABLE
Equity ownership percentage																					12.20%
Related Party | Steve Madden | Secured note purchase agreements
NOTES PAYABLE
Shares issued for settlement of debt (in shares) | shares																											633,246
Related Party | Mr. Madden
NOTES PAYABLE
Interest rate percentage						10%																			10%
Shares issued for settlement of debt (in shares) | shares																									375,000
Term (in years)						2 years
Conversion price per share | $ / shares						$ 0.10																			$ 0.10
Series C convertible preferred stock
NOTES PAYABLE
Preferred stock, shares issued (in shares) | shares					146							0												1,333			1,333		0
Preferred stock shares exchange					$ 1,460,000
Remaining preferred stock shares exchange					$ 2,150
Common stock
NOTES PAYABLE
Stock issued during period shares other (in shares) | shares																											6,214,271
Convertible notes payable
NOTES PAYABLE
Convertible note principle amount																								$ 250,000			$ 250,000							$ 250,000
Convertible notes payable | Related Party | Mr. Madden
NOTES PAYABLE
Convertible note principle amount						$ 250,000																			$ 250,000
Secured note Dec 2018 One
NOTES PAYABLE
Interest rate percentage																						10%
Amount of notes payable												$ 100,000																	$ 100,000
Secured Note Dec 2018 Two
NOTES PAYABLE
Interest rate percentage																						10%
Amount of notes payable												100,000																	100,000
Secured Note Dec 2018 Three
NOTES PAYABLE
Interest rate percentage																						10%
Amount of notes payable												100,000																	100,000
Secured Note Dec 2018 Four
NOTES PAYABLE
Interest rate percentage																						6%
Debt instrument payment														$ 467,000
Number of monthly installments | item																						6
Monthly payment																						$ 7,500
Remaining quarterly payments payable per month																						$ 45,833
Amount of notes payable												275,000												$ 91,667			$ 91,667		275,000
Secured Note May 2019 One
NOTES PAYABLE
Interest rate percentage																																						10%
Convertible note principle amount																																						$ 100,000
Amount of notes payable												100,000																	100,000
Secured Note June 2019
NOTES PAYABLE
Interest rate percentage																																					10%
Amount of notes payable												80,000																	80,000
Secured Note February 2020 One
NOTES PAYABLE
Interest rate percentage																					10%
Amount of notes payable												2,000,000																	2,000,000
Various Secured Notes Payable Maturing From January 2023 Through March 2023
NOTES PAYABLE
Amount of notes payable												64,521																	64,521
Various Secured Notes Payable Maturing From January 2023 Through March 2023 | Maximum
NOTES PAYABLE
Interest rate percentage																							5.50%
Various Secured Notes Payable Maturing From January 2023 Through March 2023 | Minimum
NOTES PAYABLE
Interest rate percentage																							5.32%
Secured Note February 2020 Two
NOTES PAYABLE
Interest rate percentage																					10%
Amount of notes payable												77,856																	77,856
Secured Promissory Notes
NOTES PAYABLE
Interest rate percentage																								3.75%			3.75%
Amount of notes payable												299,493																	299,493
Secured Promissory Notes, June 2020
NOTES PAYABLE
Number of monthly installments | installment																				36
Monthly payment																				$ 45,585
Amount of notes payable												347,045																	347,045
Secured promissory note issued on January 27, 2022.
NOTES PAYABLE
Monthly payment																$ 15,275
Initial installment amount																$ 95,025
Amount of notes payable												538,613																	538,613
Secured promissory note due on July 11 2022
NOTES PAYABLE
Debt instrument payment															$ 2,372
Amount of notes payable												109,833												$ 91,860			$ 91,860		109,833
Secured Promissory Note November 2022
NOTES PAYABLE
Number of monthly installments | installment													36
Monthly payment													$ 3,304
Amount of notes payable												104,103																	104,103
Secured Promissory Note September 2021
NOTES PAYABLE
Interest rate percentage																		12%
Convertible note principle amount																		$ 12,740,000													$ 16,740,000
Additional proceeds																							$ 1,000,000
Amount of notes payable												15,911,485						12,740,000											15,911,485
Insurance premium financing note May 1, 2023
NOTES PAYABLE
Interest rate percentage																								8%			8%
Convertible note principle amount																								$ 1,677,968			$ 1,677,968
Monthly payment																											174,154
Insurance premium financing note Two, May 1, 2024 | One-Year Policy Period
NOTES PAYABLE
Insurance premium				$ 3,717,708
Insurance premium financing note Two, May 1, 2024 | Ten Month Policy Period
NOTES PAYABLE
Insurance premium				$ 3,487,356
Insurance premium financing note One, May 1, 2024
NOTES PAYABLE
Convertible note principle amount																								1,929,146			1,929,146
Monthly payment																											$ 199,842
Maturity date																											May 01, 2024
Margin rate																											7.76%
Installments of insurance payments		$ 199,842
Annual interest rate		7.76%
Insurance premium financing note Two, May 1, 2024
NOTES PAYABLE
Convertible note principle amount																								$ 1,558,210			$ 1,558,210
Monthly payment																											$ 161,075
Maturity date																											May 01, 2024
Margin rate																											7.29%
Installments of insurance payments			$ 161,075
Annual interest rate			7.29%
Insurance premium financing note February 1, 2023
NOTES PAYABLE
Interest rate percentage							9.60%
Convertible note principle amount							$ 645,195
Monthly payment amount							$ 164,543
Insurance premium financing note matured on February 14, 2023
NOTES PAYABLE
Interest rate percentage																								5.47%			5.47%
Convertible note principle amount																								$ 485,830			$ 485,830
Monthly payment																											49,809
Unsecured Note Payable With Shareholder
NOTES PAYABLE
Interest rate percentage																																							10%
Convertible note principle amount																																							$ 40,000
Debt instrument additional face amount																																							$ 25,000
Unsecured notes payable for settlement of lawsuit
NOTES PAYABLE
Interest rate percentage																			6%
Convertible note principle amount																			$ 196,188
Monthly payment amount																			$ 6,822
Default interest rate																			18
Unsecured note payable with shareholder one
NOTES PAYABLE
Interest rate percentage																																			12%
Proceeds from notes payable, related party												895,025
Amount of debt, gross																																			$ 150,000
Unsecured note payable with shareholder two
NOTES PAYABLE
Interest rate percentage																																			12%
Proceeds from notes payable, related party																	$ 100,000
Amount of debt, gross																																			$ 150,000
Unsecured note payable with shareholder three
NOTES PAYABLE
Interest rate percentage																																			12%
Convertible note principle amount																																			$ 150,000
Proceeds from notes payable, related party																	$ 100,000
Unsecured note payable with shareholder four
NOTES PAYABLE
Interest rate percentage																																	12%
Convertible note principle amount																																	$ 134,073
Unsecured notes payable with shareholder five
NOTES PAYABLE
Interest rate percentage					6%
Convertible note principle amount					$ 3,000,000
Unsecured notes payable with shareholder six
NOTES PAYABLE
Convertible note principle amount					1,460,139
Unsecured notes payable
NOTES PAYABLE
Convertible note principle amount					$ 2,679,098
Number of shares issued | shares											2,585,487
Shares issued during period | shares					10,846,756
Unamortized debt discount amount																								413,090			413,090
Debt lease obligation					$ 49,500
Gain on extinguishment of debt					743,691
Amount of notes payable											$ 1,723,657
Accrued interest					$ 32,590
Convertible notes payable
NOTES PAYABLE
Amount of debt converted											$ 2,169,000
Shares issued for settlement of debt (in shares) | shares											3,253,500
Amortization of total debt discount																											409,984	1,687,804
Shares issued during period | shares					88,148,625
Unamortized debt discount amount																								$ 217,803			217,803
Convertible notes, net												7,327,288																	7,327,288
Current portion of convertible note												7,327,288																	7,327,288
Repayment of convertible debt																											$ 50,000
Long term convertible notes payable												0																	0
Accrued interest												244,090																	244,090
Convertible notes payable | Related Party | Steve Madden | Secured note purchase agreements
NOTES PAYABLE
Interest rate percentage																								10%			10%
Convertible note principle amount																								$ 422,164			$ 422,164
Term (in years)																											2 years
Conversion price per share | $ / shares																								$ 0.10			$ 0.10
Convertible notes payable | Notes Payable To Related Party
NOTES PAYABLE
Convertible note principle amount																								$ 9,528,903			$ 9,528,903
New promissory notes
NOTES PAYABLE
Convertible note principle amount								$ 1,000,000
Debt discount based on the fair value of the shares issued to the lenders								$ 360,000
Amortization of total debt discount																											360,000
Shares issued during period | shares								2,000,000
Number of purchasers | item								4
Secured notes payable
NOTES PAYABLE
Convertible note principle amount					$ 9,945,048
Number of shares issued | shares											720,000
Current portion of secured notes payable, net											$ 480,000
Shares issued during period | shares					41,211,909
Unamortized debt discount amount																								$ 1,826,906			1,826,906
Gain on extinguishment of debt					$ 2,637,557
Accrued interest					357,911
Five new secured notes payable | Maximum
NOTES PAYABLE
Monthly payment																											1,723
Five new secured notes payable | Minimum
NOTES PAYABLE
Monthly payment																											1,136
Amerisource Note
NOTES PAYABLE
Interest rate percentage																																12%				11%
Convertible note principle amount																					$ 1,600,000
Number of shares issued | shares																					2,498,736
Amortization of total debt discount																													151,589
Margin rate																					10%
Deferred Financing Cost																					$ 419,788
Unamortized debt discount amount												0																	0
Conversion price per share | $ / shares																					$ 0.25
Amerisource Note | Chief Transition Officer
NOTES PAYABLE
Repayment of debt					$ 1,460,139
Secured Promissory Note due on July 7 2023
NOTES PAYABLE
Interest rate percentage					5.50%
Monthly payment	$ 396,075				$ 396,075
Amount of debt converted																		$ 16,740,000
Maturity date					Jul. 07, 2026
Margin rate					6.50%																			11.89%
Unamortized debt discount amount																								$ 1,826,906			1,826,906
Amount of notes payable																								31,289,982			31,289,982
Maximum borrowing capacity					$ 31,700,000
Liquidation Percentage					80%
Fixed charge coverage ratio					1
Minimum availability of EBITDA					$ 3,750,000
Deferred financing costs					1,971,247
Debt interest expenses																								144,341
ABL Credit Agreement
NOTES PAYABLE
Additional proceeds					10,900,000
Unamortized debt discount amount																								1,307,254			$ 1,307,254
Maximum borrowing capacity					25,000,000
Deferred financing costs					1,402,708
Debt interest expenses																								95,404
Line of credit interest rate																											7.93%
Remaining borrowing capacity					5,500,000																			3,356,928			$ 3,356,928
Current borrowing capacity					$ 16,400,000
Percentage of certain eligible accounts receivable of the Borrowers					90%
Outstanding line of credit																								11,343,090			11,343,090
ABL Credit Agreement | Maximum
NOTES PAYABLE
Commitment fee (Percentage)					0.50%
Basis spread on variable rate (as a percent)					2.50%
ABL Credit Agreement | Minimum
NOTES PAYABLE
Commitment fee (Percentage)					0.375%
Basis spread on variable rate (as a percent)					1.25%
Amerisource AR Facility
NOTES PAYABLE
Interest rate percentage									12%
Convertible note principle amount																					$ 10,000,000
Additional proceeds									$ 1,000,000
Unamortized debt discount amount																								0		$ 28,428	0	28,428
Maximum borrowing capacity																					10,000,000									$ 13,000,000
Deferred financing costs																					$ 223,558
Debt interest expenses																											28,428	$ 28,428
Outstanding line of credit												$ 10,623,887												$ 0			$ 0		$ 10,623,887
Maximum availability (as a percent)																					90%
Basis spread on variable rate (as a percent)																					4.50%
Initial collateral management fee (as a percent)																					0.75%
Non-usage fee (as a percent)																					0.35%
Commitment fee																					$ 100,000
Number of days written notice for termination of deb																					60 days
Early termination fee, if more than 12months remaining in the debt term (as a percent)																					2%
Early termination fee, if twelve months or less remaining in the debt term (as a percent)																					1%
Amerisource Equipment Loan
NOTES PAYABLE
Convertible note principle amount																					$ 1,401,559
Amerisource Bridge Facility
NOTES PAYABLE
Convertible note principle amount																					$ 550,690

NOTES PAYABLE - Future maturiti

NOTES PAYABLE - Future maturities of secured notes payable (Details)	Sep. 30, 2023 USD ($)
NOTES PAYABLE
2024	$ 47,472,665
2025	523,994
2026	525,856
2027	519,761
2028	500,004
Thereafter	499,980
Total	$ 50,042,260

STOCKHOLDERS' EQUITY (DEFICIT)

STOCKHOLDERS' EQUITY (DEFICIT) (Details)					1 Months Ended	9 Months Ended
	Jul. 07, 2023 shares	Mar. 31, 2023 USD ($) Lender shares	Jan. 27, 2023 USD ($) shares	Jan. 18, 2023 USD ($) Lender shares	Jun. 30, 2023 USD ($)	Sep. 30, 2023 USD ($) shares	Sep. 30, 2022 USD ($)	Jun. 02, 2023 shares	Dec. 31, 2022 USD ($) shares
STOCKHOLDERS' EQUITY (DEFICIT)
Shares issued during period	52,058,785	3,008,246		3,008,246
Amount of notes payable | $						$ 31,473,509			$ 20,207,949
Shares issued for debt extension | $			$ 1,180,618			$ 1,180,618	$ 643,467
Number of purchasers | Lender		4		4
Deferred financing costs | $		$ 543,136		$ 543,136
Number of shares authorized						500,000,000			500,000,000
Common stock issued for conversion of notes payable and accrued interest (in shares)	88,148,625
Barnhart Companies
STOCKHOLDERS' EQUITY (DEFICIT)
Stock issued during period, shares, acquisitions	77,000,000
Advisor | Barnhart Companies
STOCKHOLDERS' EQUITY (DEFICIT)
Stock issued during period, shares, acquisitions	500,000
Minimum
STOCKHOLDERS' EQUITY (DEFICIT)
Number of shares authorized								250,000,000
Maximum
STOCKHOLDERS' EQUITY (DEFICIT)
Number of shares authorized								500,000,000
Promissory notes held by various holders
STOCKHOLDERS' EQUITY (DEFICIT)
Shares issued during period			6,558,987
Shares issued for debt extension | $					$ 4,372,657

STOCKHOLDERS' DEFICIT - Series

STOCKHOLDERS' DEFICIT - Series C Convertible Preferred Stock and Common Stock (Details) - USD ($)

1 Months Ended

9 Months Ended

Sep. 13, 2023

Sep. 01, 2023

Aug. 30, 2023

Aug. 18, 2023

Aug. 16, 2023

Jul. 07, 2023

Jul. 06, 2023

Mar. 31, 2023

Jan. 18, 2023

Aug. 31, 2023

Sep. 30, 2023

Dec. 31, 2022

STOCKHOLDERS' EQUITY (DEFICIT)

Preferred stock, shares authorized (in shares)

1,000,000

1,000,000

Shares issued for cash (in shares)

52,058,785

3,008,246

3,008,246

Aggregate gross proceeds

$ 8,330,000

Gross proceeds from issuance of common stock

$ 400,000

Common Stock SPA

STOCKHOLDERS' EQUITY (DEFICIT)

Shares issued for cash (in shares)

1,600,000

Price per share

$ 0.25

Gross proceeds from issuance of common stock

$ 400,000

Series C preferred stock

STOCKHOLDERS' EQUITY (DEFICIT)

Preferred stock, shares authorized (in shares)

2,000

Preferred stock, dividend rate, percentage

5%

Preferred stock, par value (in dollars per share)

$ 0.001

Preferred stock, Stated Value (in dollars per share)

$ 10,000

Term of anniversary of closing

2 years

Conversion price

$ 0.25

Preferred stock, shares outstanding (in shares)

1,333

Accrued dividends

$ 126,547

Series C preferred stock | First SPA with Apex Heritage Investments, LLC | Steven H. Madden

STOCKHOLDERS' EQUITY (DEFICIT)

Preferred stock, par value (in dollars per share)

$ 10,000

Shares issued for cash (in shares)

500

61

Aggregate gross proceeds

$ 5,000,000

$ 610,000

Series C preferred stock | First SPA with Apex Heritage Investments, LLC | Steven H. Madden | Maximum

STOCKHOLDERS' EQUITY (DEFICIT)

Shares issued for cash (in shares)

1,500

Series C preferred stock | Second SPA with Apex Heritage Investments, LLC | Steven H. Madden

STOCKHOLDERS' EQUITY (DEFICIT)

Shares issued for cash (in shares)

200

Aggregate gross proceeds

$ 2,000,000

Series C preferred stock | SPA with Bryan Barnhart | Bryan Barnhart

STOCKHOLDERS' EQUITY (DEFICIT)

Shares issued for cash (in shares)

72

Aggregate gross proceeds

$ 720,000

Series A

STOCKHOLDERS' EQUITY (DEFICIT)

Liquidation preference value per share

$ 3

Preferred stock, shares outstanding (in shares)

0

0

Series B convertible preferred stock

STOCKHOLDERS' EQUITY (DEFICIT)

Liquidation preference value per share

$ 5

Preferred stock, shares outstanding (in shares)

0

0

STOCK OPTIONS AND WARRANTS - St

STOCK OPTIONS AND WARRANTS - Stock option (Details) - Employee Stock Option	9 Months Ended
	Sep. 30, 2023 USD ($) $ / shares shares
STOCK OPTIONS AND WARRANTS
Outstanding - Aggregate Number - Beginning Balance | shares	1,525,000
Granted - Aggregate Number | shares	5,100,000
Cancelled, forfeited or expired - Aggregate Number | shares	(100,000)
Outstanding - Aggregate Number - Ending Balance | shares	6,525,000
Exercisable - Aggregate Number | shares	1,505,000
Outstanding - Aggregate Exercise Price - Beginning Balance | $	$ 546,250
Granted - Aggregate Exercise Price | $	1,275,000
Cancelled, forfeited or expired - Aggregate Exercise Price | $	(75,000)
Outstanding - Aggregate Exercise Price - Ending Balance | $	1,746,250
Exercisable - Aggregate Exercise Price | $	$ 491,250
Granted - Exercise Price Range	$ 0.25
Cancelled, forfeited or expired - Exercise Price Range	0.75
Outstanding - Weighted Average Exercise Price - Beginning Balance	0.36
Granted - Weighted Average Exercise Price	0.25
Cancelled, forfeited or expired - Weighted Average Exercise Price	0.75
Outstanding - Weighted Average Exercise Price - Ending Balance	0.27
Exercisable - Weighted Average Exercise Price	0.33
Minimum
STOCK OPTIONS AND WARRANTS
Outstanding - Exercise Price Range - Beginning balance	0.25
Outstanding - Exercise Price Range - Ending balance	0.25
Exercisable - Exercise Price Range	0.25
Maximum
STOCK OPTIONS AND WARRANTS
Outstanding - Exercise Price Range - Beginning balance	0.45
Outstanding - Exercise Price Range - Ending balance	0.45
Exercisable - Exercise Price Range	$ 0.45

STOCK OPTIONS AND WARRANTS - Ad

STOCK OPTIONS AND WARRANTS - Additional information (Details)	9 Months Ended
	Sep. 30, 2023 USD ($) $ / shares shares
STOCK OPTIONS AND WARRANTS
Number of options vest upon issuance | shares	80,000
Aggregate intrinsic value of stock warrants	$ 155,500
Stock option
STOCK OPTIONS AND WARRANTS
Number of common stock options issued | shares	5,100,000
Value of common stock options issued	$ 796,035
Vesting period (in years)	3 years
Exercise price | $ / shares	$ 0.25
Term	5 years
Expense related to outstanding stock option	$ 87,989
Unrecognized expenses related to options	$ 718,142
Weighted average remaining contractual life of stock options	3 years 10 months 28 days
Intrinsic value of outstanding stock option	$ 567,500
Stock option | Minimum
STOCK OPTIONS AND WARRANTS
Stock price | $ / shares	$ 0.14
Volatility	213.04%
Discount rate	3.48%
Stock option | Maximum
STOCK OPTIONS AND WARRANTS
Stock price | $ / shares	$ 0.22
Volatility	227.09%
Discount rate	4.52%
Warrants
STOCK OPTIONS AND WARRANTS
Weighted average remaining contractual life of stock warrants	3 years 4 months 24 days

STOCK OPTIONS AND WARRANTS - _2

STOCK OPTIONS AND WARRANTS - Stock warrant information (Details) - Warrant	9 Months Ended
	Sep. 30, 2023 USD ($) $ / shares shares
STOCK OPTIONS AND WARRANTS
Outstanding - Aggregate Number - Beginning Balance | shares	1,763,335
Cancelled, forfeited or expired - Aggregate Number | shares	(25,000)
Outstanding - Aggregate Number - Ending Balance | shares	1,738,335
Exercisable - Aggregate Number | shares	1,738,335
Outstanding - Aggregate Exercise Price - Beginning Balance | $	$ 496,667
Cancelled, forfeited or expired - Aggregate Exercise Price | $	18,750
Exercisable - Aggregate Exercise Price | $	477,917
Outstanding - Aggregate Exercise Price - Ending Balance | $	477,917
Exercised - Exercise Price Range | $	$ 0
Cancelled, forfeited or expired - Exercise Price Range	$ 0.75
Outstanding - Weighted Average Exercise Price - Beginning Balance	0.28
Cancelled, forfeited or expired - Weighted Average Exercise Price	0.75
Outstanding - Weighted Average Exercise Price - Ending Balance	0.27
Exercisable - Weighted Average Exercise Price	0.27
Minimum
STOCK OPTIONS AND WARRANTS
Outstanding - Exercise Price Range - Beginning Balance	0.15
Exercisable - Exercise Price Range	0.15
Outstanding - Exercise Price Range - Ending Balance	0.15
Maximum
STOCK OPTIONS AND WARRANTS
Outstanding - Exercise Price Range - Beginning Balance	0.75
Exercisable - Exercise Price Range	0.40
Outstanding - Exercise Price Range - Ending Balance	$ 0.40

DISPOSITION OF BUSINESSES - The

DISPOSITION OF BUSINESSES - The balance sheets of Trinity (Details) - USD ($)	Sep. 30, 2023	Dec. 31, 2022
Balance sheets of Trinity and MG combined
Current assets of discontinued operations	$ 198,153
Current liabilities of discontinued operations	431,889	$ 262,255
Long term liabilities of discontinued operations	355,215	387,748
Discontinued operations | Trinity, MWTS and Jake
Balance sheets of Trinity and MG combined
Other current assets	198,153
Current assets of discontinued operations	198,153
Accounts payable	107,331	115,057
Accrued expenses and other liabilities	322,667	144,514
Current portion of notes payable	1,891	2,684
Current liabilities of discontinued operations	431,889	262,255
Notes payable - secured, net of current portion	234,336	236,903
Notes payable - unsecured, net of current portion	120,879	150,845
Long term liabilities of discontinued operations	355,215	387,748
Total liabilities of discontinued operations	$ 787,104	$ 650,003

DISPOSITION OF BUSINESSES - Sta

DISPOSITION OF BUSINESSES - Statements of operations of Trinity (Details) - Discontinued operations - Trinity, MWTS and Jake - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Statements of operations of Trinity and MG
Other expense	$ (111)		$ (3,885)	$ (27,545)
Interest expense, net	(6,444)	$ (2,852)	(10,943)	(8,545)
Net loss from discontinued operations	$ (6,555)	$ (2,852)	$ (14,828)	$ (36,090)

COMMITMENTS AND CONTINGENCIES (

COMMITMENTS AND CONTINGENCIES (Details) - USD ($)	Sep. 30, 2023	Dec. 31, 2022
COMMITMENTS AND CONTINGENCIES
Letter of credit as collateral for insurance policy	$ 2,895,164	$ 1,105,818

LEASES (Details)

LEASES (Details)	3 Months Ended		9 Months Ended
	Sep. 30, 2023 USD ($) lease	Sep. 30, 2022 USD ($)	Sep. 30, 2023 USD ($) lease	Sep. 30, 2022 USD ($)	Jul. 07, 2023 USD ($)
Lease Cost
Operating lease cost	$ 291,589	$ 134,792	$ 550,674	$ 569,983
Short-term lease cost	1,232,132	76,086	1,795,400	343,399
Total lease cost	$ 1,523,721	$ 210,878	$ 2,346,074	$ 913,382
Number of additional leases | lease	0		0
Right of use assets - operating leases	$ 3,171,744		$ 3,171,744
Right-of-use liabilities, operating lease	$ 3,171,744		$ 3,171,744
Barnhart Companies
Lease Cost
Right of use assets - operating leases					$ 3,171,744
Right-of-use liabilities, operating lease					$ 3,171,744
Estimated incremental borrowing rate	7.56%		7.56%
Lease rent per month			$ 55,000
Minimum
LEASES
Operating lease, lease term	1 year		1 year
Finance lease, lease term	1 year		1 year
Maximum
LEASES
Operating lease, lease term	6 years		6 years
Finance lease, lease term	6 years		6 years

LEASES - Supplemental cash flow

LEASES - Supplemental cash flow information (Details) - USD ($)	9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$ 515,132	$ 75,758

LEASES - Lease-related assets a

LEASES - Lease-related assets and liabilities (Details) - USD ($)	Sep. 30, 2023	Dec. 31, 2022
Lease Position
Operating lease right-of-use assets	$ 3,396,463	$ 734,504
Right-of-use liabilities operating leases, current portion	948,291	650,945
Right-of-use liabilities operating leases, long term	2,637,403	278,137
Total right-of-use liabilities operating lease	$ 3,585,694	$ 929,082

LEASES - Operating lease other

LEASES - Operating lease other information (Details)	Sep. 30, 2023	Dec. 31, 2022
Weighted-average remaining lease term (years)
Operating leases	5 years 2 months 12 days	2 years
Weighted-average discount rate
Operating leases	7.70%	8.60%

LEASES - Maturities of lease li

LEASES - Maturities of lease liabilities (Details) - USD ($)	Sep. 30, 2023	Dec. 31, 2022
LEASES
2023 (Three months remaining)	$ 473,146
2024	926,767
2025	682,531
2026	659,184
2027 and thereafter	1,647,960
Total future undiscounted lease payments	4,389,588
Less: Interest	(803,894)
Present value of lease liabilities	$ 3,585,694	$ 929,082

RELATED PARTY TRANSACTIONS (Det

RELATED PARTY TRANSACTIONS (Details)

1 Months Ended

3 Months Ended

9 Months Ended

Sep. 13, 2023 USD ($)

Sep. 01, 2023 USD ($) shares

Aug. 30, 2023 USD ($) shares

Aug. 16, 2023 shares

Jul. 07, 2023 USD ($) $ / shares shares

Mar. 31, 2023 shares

Jan. 18, 2023 shares

Jan. 01, 2023 USD ($) shares

Aug. 31, 2023 USD ($)

Sep. 30, 2023 USD ($)

Sep. 30, 2022 USD ($)

Sep. 30, 2023 USD ($) lease

Sep. 30, 2022 USD ($)

Dec. 31, 2022 USD ($)

Dec. 31, 2021 USD ($)

RELATED PARTY TRANSACTIONS

Related party transaction rental services

$ 600,566

$ 290,065

Revenue from related parties

$ 33,289,602

$ 19,331,484

75,946,754

53,589,434

Shares issued during period | shares

52,058,785

3,008,246

3,008,246

Aggregate gross proceeds

8,330,000

Convertible notes payable

RELATED PARTY TRANSACTIONS

Convertible note principle amount

$ 250,000

250,000

$ 250,000

Principal amount notes entered during the period

672,164

Unsecured notes with related parties

RELATED PARTY TRANSACTIONS

Principal amount notes entered during the period

1,000,000

Related Party

RELATED PARTY TRANSACTIONS

Revenue from related parties

$ 86,026

$ 21,825

Related Party | Five J Properties LLC

RELATED PARTY TRANSACTIONS

Number of leases with related party | lease

4

Terms of leases

5 years

5 years

Current monthly rent payments for all leases with related party

$ 10,750

Related Party | Entity controlled by James Frye

RELATED PARTY TRANSACTIONS

Owed to the entity

$ 80,878

80,878

$ 565,603

Owed by the entity

$ 45,550

$ 45,550

$ 79,780

Related Party | Related party holders

RELATED PARTY TRANSACTIONS

Number of shares issued for the settlement of debt | shares

5,205,148

Amount of debt converted

$ 3,470,098

Related Party | Related party holders | Convertible notes payable

RELATED PARTY TRANSACTIONS

Number of shares issued for the settlement of debt | shares

2,686,500

Amount of debt converted

$ 1,791,000

Related Party | Related party holders | Unsecured notes payable

RELATED PARTY TRANSACTIONS

Number of shares issued for the settlement of debt | shares

2,518,648

Amount of debt converted

$ 1,679,098

Related Party | Apex Heritage

RELATED PARTY TRANSACTIONS

Price per shares issued | $ / shares

$ 10,000

Shares agreed to be issued during period | shares

1,500

Shares issued during period | shares

61

200

500

Aggregate gross proceeds

$ 2,000,000

$ 610,000

$ 5,000,000

CEO and CFO

RELATED PARTY TRANSACTIONS

Number of leases controlled by entity | lease

7

Shares issued during period | shares

72

Aggregate gross proceeds

$ 720,000

CEO and CFO | South Carolina

RELATED PARTY TRANSACTIONS

Lease rent per month

$ 28,728

CEO and CFO | Erie PA facility

RELATED PARTY TRANSACTIONS

Lease rent per month

$ 55,000

SUBSEQUENT EVENTS (Details)

SUBSEQUENT EVENTS (Details) - USD ($)					3 Months Ended
	Nov. 10, 2023	Jul. 07, 2023	Mar. 31, 2023	Jan. 18, 2023	Sep. 30, 2023
SUBSEQUENT EVENTS
Shares issued for cash (in shares)		52,058,785	3,008,246	3,008,246
Shares issued in exchange of amount funded on behalf of the Company					$ 400,000
Subsequent Events | Series C convertible preferred stock
SUBSEQUENT EVENTS
Shares issued for cash (in shares)	146
Shares issued in exchange of amount funded on behalf of the Company	$ 1,460,000

Pay vs Performance Disclosure

Pay vs Performance Disclosure - USD ($)	3 Months Ended						9 Months Ended
	Sep. 30, 2023	Jun. 30, 2023	Mar. 31, 2023	Sep. 30, 2022	Jun. 30, 2022	Mar. 31, 2022	Sep. 30, 2023	Sep. 30, 2022
Pay vs Performance Disclosure
Net Income (Loss)	$ (1,234,722)	$ (1,761,880)	$ (3,527,040)	$ (3,199,989)	$ (3,020,276)	$ (3,631,130)	$ (6,523,642)	$ (9,851,395)

Insider Trading Arrangements

Insider Trading Arrangements	3 Months Ended
	Sep. 30, 2023
Trading Arrangements, by Individual
Rule 10b5-1 Arrangement Adopted	false
Non-Rule 10b5-1 Arrangement Adopted	false
Rule 10b5-1 Arrangement Terminated	false
Non-Rule 10b5-1 Arrangement Terminated	false