Evergreen Sustainable Enterprises (EGSE) 10-Q 14 Nov 22 2022 Q3 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	9 Months Ended
	Sep. 30, 2022	Nov. 14, 2022
Document Information Line Items
Entity Registrant Name	GENERATION HEMP, INC.
Document Type	10-Q
Current Fiscal Year End Date	--12-31
Entity Common Stock, Shares Outstanding		113,204,002
Amendment Flag	false
Entity Central Index Key	0001527102
Entity Current Reporting Status	Yes
Entity Filer Category	Non-accelerated Filer
Document Period End Date	Sep. 30, 2022
Document Fiscal Year Focus	2022
Document Fiscal Period Focus	Q3
Entity Small Business	true
Entity Emerging Growth Company	false
Entity Shell Company	false
Document Quarterly Report	true
Document Transition Report	false
Entity File Number	000-55019
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	26-3119496
Entity Address, Address Line One	8533 Midway Road
Entity Address, City or Town	Dallas
Entity Address, State or Province	TX
Entity Address, Postal Zip Code	75209
City Area Code	(469)
Local Phone Number	209-6154
Entity Interactive Data Current	Yes

Unaudited Condensed Consolidate

Unaudited Condensed Consolidated Balance Sheets - USD ($)	Sep. 30, 2022	Dec. 31, 2021
Current Assets:
Cash	$ 112,538	$ 20,656
Accounts receivable	656,344
Inventories	212,518	212,518
Prepaid expenses	49,078	4,723
Total current assets	1,030,478	237,897
Property and equipment, net	2,276,815	2,580,662
Operating lease right-of-use asset	188,090	263,065
Intangible assets, net	1,418,025	1,857,908
Goodwill	799,888	799,888
Other assets		407,000
Total Assets	5,713,296	6,146,420
Current Liabilities:
Accounts payable	1,037,275	883,485
Accrued liabilities	402,617	410,990
Deferred revenue	100,311
Payables to related parties	486,855	204,007
Operating lease liability - related party	109,089	101,238
Notes payable – related parties	3,357,620	2,183,551
Other indebtedness - current	423,192	501,668
Current liabilities of discontinued operations held for sale	144,441	153,482
Total current liabilities	6,061,400	4,438,421
Operating lease liability - related party, net of current portion	79,001	161,827
Long-term liabilities of discontinued operations held for sale	199,046	162,948
Total liabilities	6,339,447	4,763,196
Commitments and contingencies
Series B redeemable preferred stock, no par value, $10,000 stated value, 300 shares authorized, 118 and 135 shares issued and outstanding at September 30, 2022 and December 31, 2021	591,558	591,558
Equity (Deficit):
Preferred stock, $0.00001 par value; 200,000,000 shares authorized, none outstanding
Common stock, $0.00001 par value; 200,000,000 shares authorized, 113,204,002 and 113,094,002 shares issued and outstanding at September 30, 2022 and December 31, 2021, respectively	1,132	1,131
Additional paid-in capital	33,250,858	29,150,258
Accumulated deficit	(34,224,154)	(28,118,245)
Generation Hemp equity (deficit)	(972,164)	1,033,144
Noncontrolling interest	(245,545)	(241,478)
Total equity (deficit)	(1,217,709)	791,666
Total Liabilities and Equity (Deficit)	$ 5,713,296	$ 6,146,420

Unaudited Condensed Consolida_2

Unaudited Condensed Consolidated Balance Sheets (Parentheticals) - USD ($)	Sep. 30, 2022	Dec. 31, 2021
Preferred stock, par value (in Dollars per share)	$ 0.00001	$ 0.00001
Preferred stock, shares authorized	200,000,000	200,000,000
Preferred stock, shares outstanding
Common stock, par value (in Dollars per share)	$ 0.00001	$ 0.00001
Common stock, shares authorized	200,000,000	200,000,000
Common stock, shares issued	113,204,002	113,094,002
Common stock, shares outstanding	113,204,002	113,094,002
Series B Redeemable Preferred Stock
Preferred stock, par value (in Dollars per share)
Preferred stock, stated Value (in Dollars)	$ 10,000	$ 10,000
Preferred stock, shares authorized	300	300
Preferred stock, shares issued	118	135
Preferred stock, shares outstanding	118	135

Unaudited Condensed Consolida_3

Unaudited Condensed Consolidated Statements of Operations - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Revenue:
Post-harvest and midstream services	$ 1,227,123	$ 487,088	$ 1,559,056	$ 535,053
Rental	22,500	15,000	67,500	60,000
Total revenue	1,249,623	502,088	1,626,556	595,053
Costs and Expenses:
Cost of revenue (exclusive of items shown separately below)	375,269	279,621	644,113	549,881
Depreciation and amortization	261,490	315,729	743,730	1,006,804
Merger and acquisition costs				16,115
Impairment expense	407,000		407,000
General and administrative	1,933,281	1,128,298	5,825,809	2,763,529
Total costs and expenses	2,977,040	1,723,648	7,620,652	4,336,329
Operating loss	(1,727,417)	(1,221,560)	(5,994,096)	(3,741,276)
Other expense (income):
Other income	(378,304)		(378,304)	(25,424)
Change in fair value of marketable security				(11,770)
Interest expense	116,999	155,505	404,272	651,807
Total other expense (income)	(261,305)	155,505	25,968	614,613
Loss from continuing operations	(1,466,112)	(1,377,065)	(6,020,064)	(4,355,889)
Income (loss) from discontinued operations	10,386	(1,630)	(29,877)	(11,349)
Net loss	(1,455,726)	(1,378,695)	(6,049,941)	(4,367,238)
Less: net income (loss) attributable to noncontrolling interests	(58)	(1,137)	(4,067)	(284)
Net loss attributable to Generation Hemp	$ (1,455,668)	$ (1,377,558)	$ (6,045,874)	$ (4,366,954)
Loss from continuing operations
Basic (in Dollars per share)	$ (0.01)	$ (0.03)	$ (0.05)	$ (0.11)
Diluted (in Dollars per share)	(0.01)	(0.03)	(0.05)	(0.11)
Loss from discontinued operations
Basic (in Dollars per share)
Diluted (in Dollars per share)
Earnings (loss) per share
Basic (in Dollars per share)	(0.01)	(0.03)	(0.05)	(0.11)
Diluted (in Dollars per share)	$ (0.01)	$ (0.03)	$ (0.05)	$ (0.11)

Unaudited Condensed Consolida_4

Unaudited Condensed Consolidated Statements of Equity (Deficit) - USD ($)	Total	Series B Redeemable Preferred Stock	Series A Preferred Stock	Common Stock	Additional Paid-In Capital	Accumulated Deficit	Noncontrolling Interest
Balance at Dec. 31, 2020	$ (2,964,935)	$ 729,058	$ 4,975,503	$ 6,083,480	$ 4,436,018	$ (18,220,705)	$ (239,231)
Balance (in Shares) at Dec. 31, 2020		135	6,328,948	17,380,317
Acquisition of Certain Assets of Halcyon Thruput, LLC	2,500,000			$ 2,500,000
Acquisition of Certain Assets of Halcyon Thruput, LLC (in Shares)				6,250,000
Issuances of common stock units	400,000			$ 136,707	263,293
Issuances of common stock units (in Shares)				800,000
Warrant exercises	2,967,000			$ 4,771,669	(1,804,669)
Warrant exercises (in Shares)				8,428,976
Issuance of common shares for Convertible Promissory Note	217,769			$ 217,769
Issuance of common shares for Convertible Promissory Note (in Shares)				618,660
Issuance of common shares for Senior Secured Promissory Note	1,942,500			$ 1,942,500
Issuance of common shares for Senior Secured Promissory Note (in Shares)				1,000,000
Series B preferred stock dividend	(20,250)					(20,250)
Stock-based compensation	42,250			$ 42,250
Stock-based compensation (in Shares)				500,000
Net loss	(1,833,214)					(1,836,882)	3,668
Balance at Mar. 31, 2021	3,251,120	$ 729,058	$ 4,975,503	$ 15,694,375	2,894,642	(20,077,837)	(235,563)
Balance (in Shares) at Mar. 31, 2021		135	6,328,948	34,977,953
Balance at Dec. 31, 2020	(2,964,935)	$ 729,058	$ 4,975,503	$ 6,083,480	4,436,018	(18,220,705)	(239,231)
Balance (in Shares) at Dec. 31, 2020		135	6,328,948	17,380,317
Net loss	(4,367,238)
Balance at Sep. 30, 2021	893,721	$ 591,558		$ 1,111	23,776,409	(22,644,284)	(239,515)
Balance (in Shares) at Sep. 30, 2021		118		111,070,329
Balance at Mar. 31, 2021	3,251,120	$ 729,058	$ 4,975,503	$ 15,694,375	2,894,642	(20,077,837)	(235,563)
Balance (in Shares) at Mar. 31, 2021		135	6,328,948	34,977,953
Series B preferred stock redemptions		$ (137,500)
Series B preferred stock redemptions (in Shares)		(17)
Series B preferred stock dividend	(20,250)					(20,250)
Stock-based compensation	38,750			38,750
Net loss	(1,155,329)					(1,152,514)	(2,815)
Balance at Jun. 30, 2021	2,114,291	$ 591,558	$ 4,975,503	$ 15,733,125	2,894,642	(21,250,601)	(238,378)
Balance (in Shares) at Jun. 30, 2021		118	6,328,948	34,977,953
Common shares issued to vendor for services	117,500			$ 117,500
Common shares issued to vendor for services (in Shares)				125,000
Issuance of common shares for extension of secured note	18,000			$ 18,000
Issuance of common shares for extension of secured note (in Shares)				20,000
Change in common stock par value due to change in corporate domicile				$ (15,868,273)	15,868,273
Conversion of Series A preferred stock			$ (4,975,503)	$ 759	4,974,744
Conversion of Series A preferred stock (in Shares)			(6,328,948)	75,947,376
Series B preferred stock dividend	(16,125)					(16,125)
Stock-based compensation	38,750				38,750
Stock-based compensation (in Shares)
Net loss	(1,378,695)					(1,377,558)	(1,137)
Balance at Sep. 30, 2021	893,721	$ 591,558		$ 1,111	23,776,409	(22,644,284)	(239,515)
Balance (in Shares) at Sep. 30, 2021		118		111,070,329
Balance at Dec. 31, 2021	791,666	$ 591,558		$ 1,131	29,150,258	(28,118,245)	(241,478)
Balance (in Shares) at Dec. 31, 2021		118		113,094,002
Issuance of common shares for extension of secured note	11,480				11,480
Issuance of common shares for extension of secured note (in Shares)				20,000
Modification of warrants for extension of promissory note to investor	68,756				68,756
Series B preferred stock dividend	(20,992)					(20,992)
Stock-based compensation	1,315,750				1,315,750
Net loss	(2,456,671)					(2,455,084)	(1,587)
Balance at Mar. 31, 2022	(290,011)	$ 591,558		$ 1,131	30,546,244	(30,594,321)	(243,065)
Balance (in Shares) at Mar. 31, 2022		118		113,114,002
Balance at Dec. 31, 2021	791,666	$ 591,558		$ 1,131	29,150,258	(28,118,245)	(241,478)
Balance (in Shares) at Dec. 31, 2021		118		113,094,002
Net loss	(6,049,941)
Balance at Sep. 30, 2022	(1,217,709)	$ 591,558		$ 1,132	33,250,858	(34,224,154)	(245,545)
Balance (in Shares) at Sep. 30, 2022		118		113,204,002
Balance at Mar. 31, 2022	(290,011)	$ 591,558		$ 1,131	30,546,244	(30,594,321)	(243,065)
Balance (in Shares) at Mar. 31, 2022		118		113,114,002
Issuance of common shares for extension of secured note	26,001			$ 1	26,000
Issuance of common shares for extension of secured note (in Shares)				40,000
Series B preferred stock dividend	(19,375)					(19,375)
Stock-based compensation	1,315,750				1,315,750
Net loss	(2,137,544)					(2,135,122)	(2,422)
Balance at Jun. 30, 2022	(1,105,179)	$ 591,558		$ 1,132	31,887,994	(32,748,818)	(245,487)
Balance (in Shares) at Jun. 30, 2022		118		113,154,002
Issuance of common shares for extension of secured note	15,100				15,100
Issuance of common shares for extension of secured note (in Shares)				50,000
Series B preferred stock dividend	(19,668)					(19,668)
Stock-based compensation	1,347,764				1,347,764
Net loss	(1,455,726)					(1,455,668)	(58)
Balance at Sep. 30, 2022	$ (1,217,709)	$ 591,558		$ 1,132	$ 33,250,858	$ (34,224,154)	$ (245,545)
Balance (in Shares) at Sep. 30, 2022		118		113,204,002

Unaudited Condensed Consolida_5

Unaudited Condensed Consolidated Statements of Cash Flows - USD ($)	9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021
Cash Flows From Operating Activities
Net loss	$ (6,049,941)	$ (4,367,238)
Loss from discontinued operations	(29,877)	(11,349)
Net loss from continuing operations	(6,020,064)	(4,355,889)
Adjustments to reconcile net loss from continuing operations to net cash from operating activities:
Depreciation and amortization	743,730	1,006,804
Impairment expense	407,000
Amortization of debt discount	52,581	380,282
Stock-based compensation	3,979,264	119,750
Common shares issued to vendor for services		117,500
Modification of warrants for extension of promissory note to investor	68,756
Other income - PPP Loan forgiveness		(25,424)
Change in fair value of marketable securities		(11,770)
Changes in operating assets and liabilities:
Accounts receivable	(656,344)	(52,195)
Prepaid expenses	(44,355)	(14,232)
Accounts payable and accrued liabilities	368,230	176,969
Deferred revenue	100,311
Net cash from operating activities – continuing operations	(1,000,891)	(2,658,205)
Net cash from operating activities – discontinued operations	(2,820)
Net cash from operating activities	(1,003,711)	(2,658,205)
Cash Flows From Investing Activities
Capital expenditures		(77,716)
Acquisition of certain assets of Halcyon Thruput, LLC, net of acquired cash of $224,530		(1,525,470)
Proceeds from sale of investment in common stock		34,847
Net cash from investing activities – continuing operations		(1,568,339)
Net cash from investing activities – discontinued operations
Net cash from investing activities		(1,568,339)
Cash Flows From Financing Activities
Issuance of common stock units		350,000
Redemptions of Series B preferred stock		(137,500)
Series B preferred stock dividends paid		(16,500)
Proceeds from warrant exercises		2,967,000
Repayment of Halcyon bank note		(995,614)
Proceeds from notes payable - related parties	1,294,069
Repayments of notes payable - related parties	(70,000)
Proceeds from subordinated notes		620,000
Repayment of subordinated notes	(50,000)	(1,100,000)
Payment of mortgage payable	(78,476)	(103,102)
Net cash from financing activities – continuing operations	1,095,593	1,584,284
Net cash from financing activities – discontinued operations
Net cash from financing activities	1,095,593	1,584,284
Net change in cash	91,882	(2,642,260)
Cash, beginning of period	20,656	2,776,425
Cash, end of period	$ 112,538	$ 134,165

Unaudited Condensed Consolida_6

Unaudited Condensed Consolidated Statements of Cash Flows (Parentheticals) - USD ($)	9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021
Statement of Cash Flows [Abstract]
Net of acquired cash	$ 224,530	$ 224,530

Business

Business	9 Months Ended
	Sep. 30, 2022
Business [Abstract]
Business	1. Business Generation Hemp, Inc. (the “Company”) was incorporated on August 21, 2021 in the State of Delaware. The Company was originally incorporated as Home Treasure Finders, Inc. (“HTF”) on July 28, 2008 in the State of Colorado. On November 27, 2019, HTF purchased approximately 94% of the common stock of Energy Hunter Resources, Inc. (“EHR”) in a series of transactions accounted for as a reverse merger. Upon closing, HTF changed its name to Generation Hemp, Inc. On January 11, 2021, we completed the acquisition of certain assets of Halcyon Thruput, LLC (“Halcyon”). With this acquisition, we commenced providing post-harvest and midstream services to hemp growers by drying, processing, cleaning and stripping harvested hemp directly from the field and wetbaled at our 48,000 square foot leased facility located in Hopkinsville, Kentucky. The Company also offers safe storage services for processed hemp, which enables farmers to maximize strategic market timing. We market two retail products, Gas Monkey Spill-Jack Rowdy Rooster We also generate revenue from rental of our “Cannabis Zoned” (Hemp) warehouse property located in Denver, Colorado currently leased to an unaffiliated hemp seed company. As of September 30, 2022, EHR held an approximate 8% working interest in an oil & gas property located in Cochran County, Texas within the Slaughter-Levelland Field of the San Andres formation in the Northwest Shelf of West Texas. EHR’s oil & gas activities are currently held for sale and are presented in these consolidated financial statements as discontinued operations for each of the periods presented. Our management team has been and continues to actively review acquisition candidates involved in the hemp industry that operate within a number of vertical businesses, predominantly within the midstream sector that are attractive to us and are within the hemp supply chain. Additionally, the Company has been studying the Bitcoin mining space and anticipates future activity in this business sector. Liquidity and Going Concern – In the nine months ended September 30, 2022, the Company used $1.0 million of cash for its operating activities. At September 30, 2022, the Company’s current liabilities, including financing obligations due within one year, totaled $6.1 million as compared with its current assets of $1.0 million. The Company will continue to pursue additional capital raising opportunities in order to fund future acquisitions and meet its obligations as they become due. We may not be successful in obtaining additional financing needed. In the event financing cannot be obtained, the Company may not be able to satisfy these plans and obligations. These factors raise substantial doubt about the Company’s ability to continue as a going concern. The financial statements do not include any adjustments that might result from the outcome of this uncertainty.

Summary of Significant Accounti

Summary of Significant Accounting Policies	9 Months Ended
	Sep. 30, 2022
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	2. Summary of Significant Accounting Policies Basis of Presentation In the opinion of management, the accompanying unaudited condensed consolidated financial statements include all adjustments, consisting of normal recurring adjustments, necessary to fairly present the financial position as of, and the results of operations for, all periods presented. In preparing the accompanying financial statements, management has made certain estimates and assumptions that affect reported amounts in the condensed consolidated financial statements and disclosures of contingencies. Actual results may differ from those estimates. The results for interim periods are not necessarily indicative of annual results. Certain reclassifications have been made to the prior period’s consolidated financial statements and related footnotes to conform them to the current period presentation. Intercompany balances and transactions between consolidated entities are eliminated. Fair Value Measurement Deferred Revenue Major Customer and Concentration of Credit Risk During the three and nine months ended September 30, 2022, one customer accounted for all of our post-harvest and midstream services revenue. A total of $656,344 was outstanding from this customer as a receivable at September 30, 2022. Our rental revenue is derived from a single lessee on a commercial warehouse owned by the Company. There were no amounts due from this customer at September 30, 2022 or December 31, 2021. Recent Accounting Pronouncements –

Property and Equipment

Property and Equipment	9 Months Ended
	Sep. 30, 2022
Property and Equipment [Abstract]
Property and Equipment	3. Property and Equipment Property and equipment consisted of the following: Useful September 30, December 31, Life (yrs) 2022 2021 Land $ 96,000 $ 96,000 Warehouse 30 916,500 916,500 Leasehold Improvements 3 473,601 473,601 Machinery and equipment 5-7 1,506,447 1,506,447 Vehicles 4 149,440 149,440 Computer equipment and software 3 46,825 46,825 Office furniture and equipment 3-5 17,294 17,294 Subtotal 3,206,107 3,206,107 Less accumulated depreciation and amortization (929,292 ) (625,445 ) Total property and equipment, net $ 2,276,815 $ 2,580,662

Intangible and Other Assets

Intangible and Other Assets	9 Months Ended
	Sep. 30, 2022
Goodwill and Intangible Assets Disclosure [Abstract]
Intangible and Other Assets	4. Intangible and Other Assets The following table summarizes information related to definite-lived intangible assets: September 30, 2022 December 31, 2021 Gross Carrying Amount Accumulated Amortization Net Gross Carrying Amount Accumulated Amortization Net Customer relationships $ 2,612,649 $ (1,220,948 ) $ 1,391,701 $ 2,612,649 $ (796,858 ) $ 1,815,791 Non-competition agreements 63,176 (36,852 ) 26,324 63,176 (21,059 ) 42,117 Total $ 2,675,825 $ (1,257,800 ) $ 1,418,025 $ 2,675,825 $ (817,917 ) $ 1,857,908 Other assets included $407,000 at December 31, 2021 for the Company’s option to purchase the 48,000 square foot facility located in Hopkinsville, Kentucky presently leased from Halcyon. Under this agreement, the Company had the option to purchase the facility on or before August 25, 2022, as amended, for a purchase price of $993,000. This agreement was not renewed upon its expiration. Impairment expense totaling $407,000 was recognized in the third quarter of 2022 as a result.

Notes Payable _ Related Parties

Notes Payable – Related Parties	9 Months Ended
	Sep. 30, 2022
Notes Payable – Related Parties [Abstract]
Notes Payable – Related Parties	5. Notes Payable – Related Parties Notes payable – related parties consisted of the following: September 30, December 31, 2022 2021 Subordinated Promissory Note to CEO $ 523,551 $ 523,551 Convertible Promissory Note to CEO 1,107,069 410,000 Secured Promissory Note to Coventry Asset Management, LTD. 1,000,000 1,000,000 Subordinated Promissory Note to Investor 200,000 250,000 Promissory Note to Investment Hunter, LLC 492,000 - Note payable to Director 35,000 - Total notes payable – related parties $ 3,357,620 $ 2,183,551 Subordinated Promissory Note to CEO – Convertible Promissory Note to CEO Secured Promissory Note and Warrants to Coventry Asset Management, LTD. – Subordinated Promissory Note and Warrants to Investor – The holder of the subordinated note received a warrant to purchase 500,000 shares of common stock exercisable for cash at an exercise price of $0.352 per share. As consideration for the April 2022 extension, the term of this warrant was extended by one year to December 30, 2023. The Company recognized $68,756 of interest expense in 2022 for this extension of the warrant term. Promissory Note to Investment Hunter, LLC Director Notes

Other Indebtedness

Other Indebtedness	9 Months Ended
	Sep. 30, 2022
Other Indebtedness [Abstract]
Other Indebtedness	6. Other Indebtedness The Company is obligated under a mortgage payable dated September 15, 2014 secured by its warehouse property located in Denver, Colorado. The note has been amended a number of times to a maturity date of January 15, 2023. In the latest extension, the Company made a principal payment of $73,190 plus accrued interest in October 2022 and agreed to make two additional principal payments of $50,000 plus accrued interest on November 15, 2022 and December 15, 2022. The interest rate on the mortgage payable is 12%. If before the final maturity of the mortgage payable, the Company raises new equity capital of $5 million or more, then the full amount outstanding is due within ten days. The Company leases the Denver warehouse property to a tenant under an operating lease which was renewed with a new tenant and extended to August 1, 2023 for a monthly rent of $7,500. The lease requires a true-up with the tenant for property taxes and insurance paid by the Company and requires the tenant to maintain the interior and exterior of the warehouse (except for the roof). The lease provides for a rent abatement in the first and last month of the contracted extension. Minimum future rents for the remainder of 2022 are $22,500 and for 2023 are $52,500.

Leases

Leases	9 Months Ended
	Sep. 30, 2022
Leases [Abstract]
Leases	7. Leases Office Space – Hemp Processing Operating Facility Future Bitcoin Mining Premises

Commitments and Contingencies

Commitments and Contingencies	9 Months Ended
	Sep. 30, 2022
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	8. Commitments and Contingencies Litigation – Generation Hemp, Inc. v. Colorado Mill Equipment, LLC The Defendant sold to the Company a faulty piece of equipment for $16,000 and will not refund to the Company the purchase price after repeated attempts to return their equipment. An original lawsuit filed by the Company against Colorado Mill Equipment in January 2022 in Dallas County was subsequently dismissed due to jurisdiction. A second lawsuit was filed in El Paso County, Colorado and is currently pending. Halcyon Thruput, LLC, Plaintiff v. United National Insurance Company, Defendant, United States District Court for the Northern District of Texas, Dallas Division, Case No. 3:21-CV-3136-K. Halcyon Thruput, LLC (Halcyon) obtained an all-risks commercial insurance policy, including an Equipment Breakdown Endorsement (Policy) from United National Insurance Company (UNIC) to provide substantial coverages for Halcyon Thruput LLC’s (Halcyon) $1,203,735 hemp processing dryer (Dryer) at its facility in Hopkinsville, Kentucky. During the Policy period, the Dryer caught fire due to the Dryer being defectively designed. While UNIC paid a number of Halcyon’s claims, Halcyon’s claim for the cost of the replacement Dryer of $1,498,848 was denied as described below. Buyer, a wholly owned subsidiary of the Company, pursuant to an Asset Purchase Agreement as twice amended, then acquired all the assets of Halcyon, except for the right to the proceeds of UNIC’s insurance policy since the Policy prohibited assignment. Halcyon and Buyer agreed that Buyer’s principal, Gary C. Evans, had the right to control the litigation, engage counsel for Halcyon and make all decisions relating to any proceeds received in the litigation by settlement or otherwise. Halcyon’s suit against UNIC, which was removed to federal court, seeks $796,865.53 (the cost of the replacement dryer of $1,498,848, less a credit for $583,508.47 previously paid by UNIC to Halcyon for the Dryer fire=$915,339.53) plus statutory interest on that sum from August 10, 2020 for violating the Texas Insurance Code’s requirement that claims be promptly paid, additional statutory penalties, and attorneys’ fees. Certain documents have been executed between the Company, Halcyon and legal counsel, which provide for a sharing of costs and expenses and awards, if any, against UNIC. Mediation of the case was held in April 2022 where no agreement was reached by the parties. Depositions of the Company’s expert witnesses were completed in July 2022 and of UNIC’s representatives in September 2022. In August 2022, the Company received a second payment from UNIC of $357,143 as a partial settlement of this claim. JDONE, LLC v. Grand Traverse Holdings, LLC and John Gallegos, Denver District Court Case No. 2019CV33723 JDONE, LLC (“JDONE”), a wholly owned subsidiary of the Company and landlord of a commercial warehouse building in Denver, brought suit against Grand Traverse Holdings, LLC for default of its commercial lease of the warehouse from JDONE. This case settled in October 2022 and the Company received $122,500 from the defendant. KBSIII Tower at Lake Carolyn, LLC and Prime US-Tower at Lake Carolyn, LLC (collectively – “KBSIII” v. Energy Hunter Resources, Inc.) Plaintiff/Counterdefendant KBSIII was seeking lost rent on office space for periods after EHR vacated office premises located in Las Colinas, Texas. EHR filed a counter suit alleging specific damages due to uninhabitable premises of the office space due to the intolerable conduct of other tenants located on the same floor. On December 23, 2020, the trial court entered a summary judgment against EHR for $230,712. The judgment provides for post-judgment interest at a rate of 5% per annum until paid and further provides for additional amounts owed should EHR pursue unsuccessful appeals to higher courts. At September 30, 2022, the Company had accrued $252,583 for this judgment, which is exclusively an EHR obligation.

Income Taxes

Income Taxes	9 Months Ended
	Sep. 30, 2022
Income Taxes [Abstract]
Income Taxes	9. Income Taxes Income tax provisions for interim quarterly periods are generally based on an estimated annual effective income tax rate calculated separately from the effect of significant, infrequent or unusual items related specifically to interim periods. An income tax benefit for the three or nine months ended September 30, 2022 or 2021 was not recognized because tax losses incurred were fully offset by a valuation allowance against deferred tax assets. There were no uncertain tax positions as of September 30, 2022. The Company is delinquent in filing its 2021 income tax returns.

Equity

Equity	9 Months Ended
	Sep. 30, 2022
Equity [Abstract]
Equity	10. Equity Series A Preferred Stock – Series B Preferred Stock Units – The sale of the preferred stock units for $10,000 each resulted in aggregate gross proceeds of approximately $1.35 million, before deducting estimated offering expenses payable by the Company. Substantially all of the proceeds raised in the offering were used to fund the acquisition of assets of Halcyon, expenses related thereto and for general corporate purposes. Each share of Series B Preferred Stock is initially convertible into 25,000 shares of common stock, subject to adjustment. Holders of Series B Preferred Stock are entitled to receive dividends of 6.00% per annum based on the stated value equal to $10,000 per share. Except as otherwise required by law, the Series B Preferred Stock does not have voting rights. However, as long as any shares of Series B Preferred Stock are outstanding, the Company will not, without the affirmative vote of the holders of a majority of the then outstanding shares of the Series B Preferred Stock, (a) alter or change adversely the powers, preferences or rights given to the Series B Preferred Stock, (b) alter or amend the related certificate of designation, (c) amend its certificate of incorporation or other charter documents in any manner that adversely affects any rights of the holders of Series B Preferred Stock, (d) repay, repurchase or offer to repay, repurchase or otherwise acquire more than a de minimis number of shares of its common stock, (e) enter into any agreement with respect to any of the foregoing, or (f) pay cash dividends or distributions on any equity securities of the Company other than pursuant to the terms of the outstanding Series B Preferred Stock. The Series B Preferred Stock does not have a preference upon any liquidation, dissolution or winding-up of the Company. Any or all of the Series B Preferred Stock may be converted, at their holder’s option, into 25,000 shares of common stock, as adjusted for any stock dividends, splits, combinations or similar events. At any time after the occurrence of a “Qualifying Event,” the Company, upon 5-day written notice, shall have the right to cause each share of Series B Preferred Stock (and all accrued in-kind dividends with respect thereto) to be converted into common stock. For purposes of this automatic conversion of the Series B Preferred Stock, a “Qualifying Event” shall have occurred if (A) (1) the rolling five-trading day volume-weighted average trading price of shares of the common stock exceeds $1.00, and (2) there shall be an effective registration statement under the Securities Act of 1933, as amended covering all of the shares of common stock which would be issuable upon conversion of all of the outstanding shares of Series B Preferred Stock or (B) the Company closes a firm commitment underwriting of the common stock on a Form S-1 Registration Statement with aggregate gross proceeds of at least $5,000,000 at a price per share equal to or greater than $1.00. In each instance, a conversion may not be made unless the Company has filed an amendment to its Articles of Incorporation effecting an increase in its authorized common stock so that the Company has a sufficient number of authorized and unissued shares of common stock so as to permit the conversion of all outstanding shares. The Series B Preferred Stock may be redeemed by the Company for its stated value, plus accrued and unpaid dividends, at any time. Initially, redemption payments of 12.5% each of the total amount of Series B Preferred Stock then outstanding plus accrued dividends were due from the Company to each Holder of Series B Preferred Stock at the end of each calendar quarter of 2021. The first required redemption payments totaling $137,500 were made in April 2021. In May, June and October of 2021, the three holders of the Series B Preferred Stock, including the Company’s chief executive officer, entered into transactions in which they accepted the mandatory redemption payment required pursuant to the Series B Preferred Stock certificate of designation in a number of Series B Units to effectively waive the redemption requirement. All other terms of the Series B Units remain unchanged and the holders’ ownership interest in the Series B Preferred Units remains the same as it was before such transactions. Common Stock – ● Acquisition of Certain Assets of Halcyon ● 2021 First Quarter Issuances of Common Stock Units ● Warrant Exercises ● Issuances for Exchange or Conversion of Debt ● Issuance to Vendor for Services ● Issuance for Extension of Secured Note ● Issuance for Conversion of Series A Preferred Stock ● Stock-based Compensation ● Issuance for Extensions of Secured Note – Common Stock Warrants Outstanding – # of Exercise Expiration Date Method of Issued in December 2020 with Series B preferred units (1) 5,500,000 $ 0.352 December 30, 2022 Cash Issued in December 2020 with subordinated note to investor 500,000 $ 0.352 December 30, 2022 Cash Issued in Q1 2021 with common stock units (1) 1,600,000 $ 0.500 January-February, 2023 Cash Issued in Q4 2021 with common stock units (1) 958,333 $ 0.600 October-December, 2023 Cash Total warrants outstanding at September 30, 2022 8,558,333 $ 0.407 (1) May be redeemed for $0.0001 per warrant at the Company’s option with 30 days advanced notice should the weighted average market price of common stock exceed $1.00 for any five out of seven consecutive trading days with a minimum average daily trading volume for such seven-day period of at least 25,000 shares of common stock. Following is a summary of outstanding stock warrants activity for the periods presented: Weighted Average # of Exercise Warrants as of December 31, 2021 8,808,333 $ 0.407 Canceled (250,000 ) $ 0.400 Warrants as of September 30, 2022 8,558,333 $ 0.407

Stock-Based Compensation

Stock-Based Compensation	9 Months Ended
	Sep. 30, 2022
Share-Based Payment Arrangement [Abstract]
Stock-Based Compensation	11. Stock-Based Compensation We award restricted stock or stock options as incentive compensation to employees and compensation to our Board of Directors for services. Generally, these awards include vesting periods of up to three years from the date of grant. The 2021 Omnibus Incentive Plan (“2021 Plan”) was adopted by our Board on July 1, 2021. The 2021 Plan provides for the initial reservation of 15 million shares of common stock for issuance, and provides that the maximum number of shares that may be issued pursuant to the exercise of ISOs is 15 million. On the one-year anniversary date of the 2021 Plan, the number of shares of common stock reserved for issuance automatically increased to 20% of the fully diluted common shares outstanding, including shares issuable upon the conversion of preferred shares, as calculated on an as-converted basis. In the first quarter of 2021, the Company issued 500,000 restricted shares valued at $155,000 as incentive compensation to two executives who joined the Company. Compensation expense related to these awards totaled $38,750 and $81,000 for the three and six months ended June 30, 2021, respectively. These awards became fully vested in January 2022. In the fourth quarter of 2021, the Company awarded options for 13,850,000 shares of the Company’s common stock as incentive compensation to management and the Board of Directors. One-third of the awarded options vested immediately with the remaining options vesting in two equal annual tranches over the next two years. Vested options may be exercised at any time until their expiration after 10 years at an exercise price of $0.76 per share. Unvested options are forfeited upon termination of service. The fair value of the awards at the date of grant was determined using the Black-Scholes option pricing model. Key assumptions included a risk-free interest rate ranging from 1.18% to 1.28%, historical volatility ranging from 331% to 643% and an expected life of the stock options ranging from five to six years. In the third quarter of 2022, the Company awarded options for 1,915,000 shares of the Company’s common stock as incentive compensation to its CEO and board of directors. The awarded options vest over the next three years. Vested options may be exercised at any time until their expiration ranging from eight to 10 years at their exercise prices ranging from $0.30 to $0.33 per share. Unvested options are forfeited upon termination of service. The fair value of the awards at the date of grant was determined using the Black-Scholes option pricing model. Key assumptions included a risk-free interest rate ranging from 2.87% to 3.03%, historical volatility ranging from 251% to 408% and an expected life of the stock options ranging from four to seven years. We recognized $1.3 million of compensation expense for these option awards in each of the quarters ended September 30, 2022. As of September 30, 2022, there was $2.7 million of total unrecognized compensation cost related to options to be recognized over a remaining weighted average period of 21 months. The following table summarizes options outstanding, as well as activity for the periods presented: Shares Weighted Weighted Aggregate Outstanding at December 31, 2021 13,850,000 $ 0.76 $ 0.76 - Granted 1,915,000 $ 0.30 $ 0.31 - Outstanding at September 30, 2022 15,765,000 $ 0.70 $ 0.71 - The remaining weighted average contractual life of exercisable options at September 30, 2022 was nine years.

Discontinued Operations

Discontinued Operations	9 Months Ended
	Sep. 30, 2022
Discontinued Operations [Abstract]
Discontinued Operations	12. Discontinued Operations In 2019, management determined to fully divest of EHR’s oil and gas activities. As such, these activities are presented as discontinued operations for each of the periods presented. The following is a summary of the carrying amounts of major classes of assets and liabilities of the discontinued operations to assets and liabilities held for sale: September 30, December 31, 2022 2021 Assets: Oil and natural gas properties held for sale, at cost $ 1,874,849 $ 1,874,849 Accumulated DD&A (1,874,849 ) (1,874,849 ) Total assets of discontinued operations held for sale $ - $ - Liabilities: Accrued liabilities $ 39,956 $ 48,997 Asset retirement obligations 52,368 52,368 Revenue payable 52,117 52,117 Current liabilities of discontinued operations held for sale 144,441 153,482 Asset retirement obligations - Long-term liabilities of discontinued operations held for sale 199,046 162,948 Total liabilities of discontinued operations held for sale $ 343,487 $ 316,430 The following is a summary of the major classes of line items constituting loss on discontinued operations shown in the consolidated statements of operations: For the three months ended For the nine months ended 2022 2021 2022 2021 Revenue - Oil and gas sales $ 41,077 $ 55,140 $ 116,870 $ 93,248 Costs and Expenses: Lease operating expense 25,461 53,919 110,649 94,714 Accretion 5,230 2,851 36,098 9,883 Total costs and expenses 30,691 56,770 146,747 104,597 Loss from discontinued operations $ 10,386 $ (1,630 ) $ (29,877 ) $ (11,349 )

Supplemental Cash Flow Informat

Supplemental Cash Flow Information	9 Months Ended
	Sep. 30, 2022
Supplemental Cash Flow Information [Abstract]
Supplemental Cash Flow Information	13. Supplemental Cash Flow Information For the nine months ended 2022 2021 Cash paid for interest $ 50,690 $ 127,812 Cash paid for taxes - - Noncash investing and financing activities: Acquisition of certain assets of Halcyon Thruput, LLC - issuance of common shares - 2,500,000 - issuance of subordinated note - 850,000 - assumption of Halcyon bank note - 995,614 Series B preferred stock dividend payable 60,035 39,137 Issuance of common stock units previously subscribed - 50,000 Issuances of common shares for exchange or conversion of debt - 2,160,269

Earnings (Loss) Per Share

Earnings (Loss) Per Share	9 Months Ended
	Sep. 30, 2022
Earnings Per Share [Abstract]
Earnings (Loss) per Share	14. Earnings (Loss) per Share The following is the computation of earnings (loss) per basic and diluted share: For the three months ended For the nine months ended 2022 2021 2022 2021 Amounts attributable to Generation Hemp: Numerator Loss from continuing operations attributable to common stockholders $ (1,465,404 ) $ (1,376,030 ) $ (6,017,867 ) $ (4,356,315 ) Income (loss) from discontinued operations 9,736 (1,528 ) (28,007 ) (10,639 ) Less: preferred stock dividends (19,668 ) (16,125 ) (60,035 ) (56,625 ) Net loss attributable to common stockholders $ (1,475,336 ) $ (1,393,683 ) $ (6,105,909 ) $ (4,423,579 ) Denominator Weighted average shares used to compute basic EPS 113,204,002 54,109,797 113,149,973 38,693,679 Dilutive effect of convertible note 1,164,773 - 1,164,773 - Dilutive effect of preferred stock 2,950,000 59,913,657 2,950,000 72,641,084 Dilutive effect of common stock options 125,490 - 122,052 - Dilutive effect of common stock warrants 47,560 9,042,419 1,709,576 11,126,327 Weighted average shares used to compute diluted EPS 117,491,825 123,065,873 119,096,374 122,461,090 Earnings (loss) per share: Loss from continuing operations Basic $ (0.01 ) $ (0.03 ) $ (0.05 ) $ (0.11 ) Diluted $ (0.01 ) $ (0.03 ) $ (0.05 ) $ (0.11 ) Loss from discontinued operations Basic $ - $ - $ - $ - Diluted $ - $ - $ - $ - Earnings (loss) per share Basic $ (0.01 ) $ (0.03 ) $ (0.05 ) $ (0.11 ) Diluted $ (0.01 ) $ (0.03 ) $ (0.05 ) $ (0.11 ) The computation of diluted earnings per common share excludes the assumed conversion of the Series B Preferred Stock and outstanding convertible notes and exercise of common stock options and warrants in periods when we report a loss. The dilutive effect of the assumed exercise of outstanding options and warrants was calculated using the treasury stock method.

Accounting Policies, by Policy

Accounting Policies, by Policy (Policies)	9 Months Ended
	Sep. 30, 2022
Accounting Policies [Abstract]
Basis of Presentation	Basis of Presentation In the opinion of management, the accompanying unaudited condensed consolidated financial statements include all adjustments, consisting of normal recurring adjustments, necessary to fairly present the financial position as of, and the results of operations for, all periods presented. In preparing the accompanying financial statements, management has made certain estimates and assumptions that affect reported amounts in the condensed consolidated financial statements and disclosures of contingencies. Actual results may differ from those estimates. The results for interim periods are not necessarily indicative of annual results. Certain reclassifications have been made to the prior period’s consolidated financial statements and related footnotes to conform them to the current period presentation. Intercompany balances and transactions between consolidated entities are eliminated.
Fair Value Measurement	Fair Value Measurement
Deferred Revenue	Deferred Revenue
Major Customer and Concentration of Credit Risk	Major Customer and Concentration of Credit Risk During the three and nine months ended September 30, 2022, one customer accounted for all of our post-harvest and midstream services revenue. A total of $656,344 was outstanding from this customer as a receivable at September 30, 2022. Our rental revenue is derived from a single lessee on a commercial warehouse owned by the Company. There were no amounts due from this customer at September 30, 2022 or December 31, 2021.
Recent Accounting Pronouncements	Recent Accounting Pronouncements –

Property and Equipment (Tables)

Property and Equipment (Tables)	9 Months Ended
	Sep. 30, 2022
Property and Equipment [Abstract]
Schedule of property and equipment	Useful September 30, December 31, Life (yrs) 2022 2021 Land $ 96,000 $ 96,000 Warehouse 30 916,500 916,500 Leasehold Improvements 3 473,601 473,601 Machinery and equipment 5-7 1,506,447 1,506,447 Vehicles 4 149,440 149,440 Computer equipment and software 3 46,825 46,825 Office furniture and equipment 3-5 17,294 17,294 Subtotal 3,206,107 3,206,107 Less accumulated depreciation and amortization (929,292 ) (625,445 ) Total property and equipment, net $ 2,276,815 $ 2,580,662

Intangible and Other Assets (Ta

Intangible and Other Assets (Tables)	9 Months Ended
	Sep. 30, 2022
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of intangible asset	September 30, 2022 December 31, 2021 Gross Carrying Amount Accumulated Amortization Net Gross Carrying Amount Accumulated Amortization Net Customer relationships $ 2,612,649 $ (1,220,948 ) $ 1,391,701 $ 2,612,649 $ (796,858 ) $ 1,815,791 Non-competition agreements 63,176 (36,852 ) 26,324 63,176 (21,059 ) 42,117 Total $ 2,675,825 $ (1,257,800 ) $ 1,418,025 $ 2,675,825 $ (817,917 ) $ 1,857,908

Notes Payable _ Related Parti_2

Notes Payable – Related Parties (Tables)	9 Months Ended
	Sep. 30, 2022
Notes Payable – Related Parties [Abstract]
Schedule of notes payable – related parties	September 30, December 31, 2022 2021 Subordinated Promissory Note to CEO $ 523,551 $ 523,551 Convertible Promissory Note to CEO 1,107,069 410,000 Secured Promissory Note to Coventry Asset Management, LTD. 1,000,000 1,000,000 Subordinated Promissory Note to Investor 200,000 250,000 Promissory Note to Investment Hunter, LLC 492,000 - Note payable to Director 35,000 - Total notes payable – related parties $ 3,357,620 $ 2,183,551

Equity (Tables)

Equity (Tables)	9 Months Ended
	Sep. 30, 2022
Equity [Abstract]
Schedule of warrants outstanding	# of Exercise Expiration Date Method of Issued in December 2020 with Series B preferred units (1) 5,500,000 $ 0.352 December 30, 2022 Cash Issued in December 2020 with subordinated note to investor 500,000 $ 0.352 December 30, 2022 Cash Issued in Q1 2021 with common stock units (1) 1,600,000 $ 0.500 January-February, 2023 Cash Issued in Q4 2021 with common stock units (1) 958,333 $ 0.600 October-December, 2023 Cash Total warrants outstanding at September 30, 2022 8,558,333 $ 0.407 (1) May be redeemed for $0.0001 per warrant at the Company’s option with 30 days advanced notice should the weighted average market price of common stock exceed $1.00 for any five out of seven consecutive trading days with a minimum average daily trading volume for such seven-day period of at least 25,000 shares of common stock.
Schedule of outstanding stock warrants activity	Weighted Average # of Exercise Warrants as of December 31, 2021 8,808,333 $ 0.407 Canceled (250,000 ) $ 0.400 Warrants as of September 30, 2022 8,558,333 $ 0.407

Stock-Based Compensation (Table

Stock-Based Compensation (Tables)	9 Months Ended
	Sep. 30, 2022
Share-Based Payment Arrangement [Abstract]
Schedule of summarizes options outstanding	Shares Weighted Weighted Aggregate Outstanding at December 31, 2021 13,850,000 $ 0.76 $ 0.76 - Granted 1,915,000 $ 0.30 $ 0.31 - Outstanding at September 30, 2022 15,765,000 $ 0.70 $ 0.71 -

Discontinued Operations (Tables

Discontinued Operations (Tables)	9 Months Ended
	Sep. 30, 2022
Discontinued Operations [Abstract]
Schedule of discontinued operations to assets and liabilities held for sale	September 30, December 31, 2022 2021 Assets: Oil and natural gas properties held for sale, at cost $ 1,874,849 $ 1,874,849 Accumulated DD&A (1,874,849 ) (1,874,849 ) Total assets of discontinued operations held for sale $ - $ - Liabilities: Accrued liabilities $ 39,956 $ 48,997 Asset retirement obligations 52,368 52,368 Revenue payable 52,117 52,117 Current liabilities of discontinued operations held for sale 144,441 153,482 Asset retirement obligations - Long-term liabilities of discontinued operations held for sale 199,046 162,948 Total liabilities of discontinued operations held for sale $ 343,487 $ 316,430
Schedule of discontinued operations shown in the consolidated statements of operations	For the three months ended For the nine months ended 2022 2021 2022 2021 Revenue - Oil and gas sales $ 41,077 $ 55,140 $ 116,870 $ 93,248 Costs and Expenses: Lease operating expense 25,461 53,919 110,649 94,714 Accretion 5,230 2,851 36,098 9,883 Total costs and expenses 30,691 56,770 146,747 104,597 Loss from discontinued operations $ 10,386 $ (1,630 ) $ (29,877 ) $ (11,349 )

Supplemental Cash Flow Inform_2

Supplemental Cash Flow Information (Tables)	9 Months Ended
	Sep. 30, 2022
Supplemental Cash Flow Information [Abstract]
Schedule of supplemental cash flow information	For the nine months ended 2022 2021 Cash paid for interest $ 50,690 $ 127,812 Cash paid for taxes - - Noncash investing and financing activities: Acquisition of certain assets of Halcyon Thruput, LLC - issuance of common shares - 2,500,000 - issuance of subordinated note - 850,000 - assumption of Halcyon bank note - 995,614 Series B preferred stock dividend payable 60,035 39,137 Issuance of common stock units previously subscribed - 50,000 Issuances of common shares for exchange or conversion of debt - 2,160,269

Earnings (Loss) Per Share (Tabl

Earnings (Loss) Per Share (Tables)	9 Months Ended
	Sep. 30, 2022
Earnings Per Share [Abstract]
Schedule of earnings (loss) per basic and diluted share	For the three months ended For the nine months ended 2022 2021 2022 2021 Amounts attributable to Generation Hemp: Numerator Loss from continuing operations attributable to common stockholders $ (1,465,404 ) $ (1,376,030 ) $ (6,017,867 ) $ (4,356,315 ) Income (loss) from discontinued operations 9,736 (1,528 ) (28,007 ) (10,639 ) Less: preferred stock dividends (19,668 ) (16,125 ) (60,035 ) (56,625 ) Net loss attributable to common stockholders $ (1,475,336 ) $ (1,393,683 ) $ (6,105,909 ) $ (4,423,579 ) Denominator Weighted average shares used to compute basic EPS 113,204,002 54,109,797 113,149,973 38,693,679 Dilutive effect of convertible note 1,164,773 - 1,164,773 - Dilutive effect of preferred stock 2,950,000 59,913,657 2,950,000 72,641,084 Dilutive effect of common stock options 125,490 - 122,052 - Dilutive effect of common stock warrants 47,560 9,042,419 1,709,576 11,126,327 Weighted average shares used to compute diluted EPS 117,491,825 123,065,873 119,096,374 122,461,090 Earnings (loss) per share: Loss from continuing operations Basic $ (0.01 ) $ (0.03 ) $ (0.05 ) $ (0.11 ) Diluted $ (0.01 ) $ (0.03 ) $ (0.05 ) $ (0.11 ) Loss from discontinued operations Basic $ - $ - $ - $ - Diluted $ - $ - $ - $ - Earnings (loss) per share Basic $ (0.01 ) $ (0.03 ) $ (0.05 ) $ (0.11 ) Diluted $ (0.01 ) $ (0.03 ) $ (0.05 ) $ (0.11 )

Business (Details)

Business (Details) $ in Millions		1 Months Ended	9 Months Ended
	Jan. 11, 2021 $ / ft²	Nov. 27, 2019	Sep. 30, 2022 USD ($)
Business (Details) [Line Items]
Square Foot Facility (in Dollars per Square Foot) | $ / ft²	48,000
Cash for its operating activities			$ 1
Financing obligations			6.1
Current Assets			$ 1
Description of business, description			As of September 30, 2022, EHR held an approximate 8% working interest in an oil & gas property located in Cochran County, Texas within the Slaughter-Levelland Field of the San Andres formation in the Northwest Shelf of West Texas. EHR’s oil & gas activities are currently held for sale and are presented in these consolidated financial statements as discontinued operations for each of the periods presented.
Financing obligations terms			1 year
Energy Hunter Resources, Inc. [Member]
Business (Details) [Line Items]
Percentage of common stock		94%

Summary of Significant Accoun_2

Summary of Significant Accounting Policies (Details) - USD ($)	1 Months Ended	9 Months Ended
	Jul. 31, 2022	Sep. 30, 2022
Accounting Policies [Abstract]
Sale of pounds	$ 66,782
Sale price per pound (in Dollars per share)	$ 1.5
Deliveries and payment amount	$ 100,173
Outstanding amount		$ 656,344

Property and Equipment (Details

Property and Equipment (Details) - Schedule of property and equipment - USD ($)	9 Months Ended
	Sep. 30, 2022	Dec. 31, 2021
Property, Plant and Equipment [Line Items]
Subtotal	$ 3,206,107	$ 3,206,107
Total property and equipment, net	2,276,815	2,580,662
Land [Member]
Property, Plant and Equipment [Line Items]
Subtotal	$ 96,000	96,000
Warehouse [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, useful Life (years)	30 years
Subtotal	$ 916,500	916,500
Leasehold Improvements [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, useful Life (years)	3 years
Subtotal	$ 473,601	473,601
Machinery and equipment [Member]
Property, Plant and Equipment [Line Items]
Subtotal	$ 1,506,447	1,506,447
Machinery and equipment [Member] | Minimum [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, useful Life (years)	5 years
Machinery and equipment [Member] | Maximum [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, useful Life (years)	7 years
Vehicles [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, useful Life (years)	4 years
Subtotal	$ 149,440	149,440
Computer equipment and software [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, useful Life (years)	3 years
Subtotal	$ 46,825	$ 46,825

Intangible and Other Assets (De

Intangible and Other Assets (Details) - USD ($)	9 Months Ended
	Sep. 30, 2022	Dec. 31, 2021
Goodwill and Intangible Assets Disclosure [Abstract]
Other assets		$ 407,000
Option to purchase, description	the Company’s option to purchase the 48,000 square foot facility located in Hopkinsville, Kentucky presently leased from Halcyon. Under this agreement, the Company had the option to purchase the facility on or before August 25, 2022, as amended, for a purchase price of $993,000.
Impairment expense	$ 407,000

Intangible and Other Assets (_2

Intangible and Other Assets (Details) - Schedule of intangible asset - USD ($)	Sep. 30, 2022	Dec. 31, 2021
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	$ 2,675,825	$ 2,675,825
Accumulated Amortization	(1,257,800)	(817,917)
Net	1,418,025	1,857,908
Customer relationships [Member]
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	2,612,649	2,612,649
Accumulated Amortization	(1,220,948)	(796,858)
Net	1,391,701	1,815,791
Non-competition agreements [Member]
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	63,176	63,176
Accumulated Amortization	(36,852)	(21,059)
Net	$ 26,324	$ 42,117

Notes Payable _ Related Parti_3

Notes Payable – Related Parties (Details) - USD ($)	1 Months Ended				9 Months Ended	12 Months Ended
	Dec. 31, 2022	Dec. 30, 2022	Aug. 31, 2022	Dec. 30, 2020	Sep. 30, 2022	Dec. 31, 2021	Dec. 31, 2020	Jul. 31, 2022	Apr. 30, 2021
Notes Payable – Related Parties (Details) [Line Items]
Convertible note matured, description					The convertible note initially matured on January 1, 2022 but was subsequently amended to extend the maturity date to January 1, 2023.
Conversion price per share (in Dollars per share)								$ 0.3
Restricted common shares (in Shares)				50,000
Accrued interest					$ 36,990
Warrant to purchase shares of common stock (in Shares)					500,000
Exercise price per share (in Dollars per share)					$ 0.352
Warrant term					1 year
Extension date					Dec. 30, 2023
Interest expense					$ 68,756
Description of director notes			In August 2022, the Company received proceeds totaling $105,000 from unsecured notes payable to three members of our board of directors. The notes bear interest at 10% per annum and matured on September 12, 2022. Two of the notes were repaid in September 2022. The remaining note, having an outstanding principal balance of $35,000 at September 30, 2022, was repaid in October 2022.
Subordinated Promissory Note to CEO [Member]
Notes Payable – Related Parties (Details) [Line Items]
Subordinated promissory note amount							$ 523,551
Subordinated promissory note due date					Sep. 30, 2021
New maturity date					Jan. 01, 2023
New equity capital					$ 3,000,000
Bears interest rate					10%
Accrued interest					$ 46,761
Convertible Promissory Note to CEO [Member]
Notes Payable – Related Parties (Details) [Line Items]
New equity capital					$ 3,000,000
Bears interest rate					10%
Accrued interest					$ 79,493
Advances totaling						$ 410,000
Additional advances					$ 697,069
Conversion price per share (in Dollars per share)					$ 0.5
Secured Promissory Note and Warrants to Coventry Asset Management, LTD. [Member]
Notes Payable – Related Parties (Details) [Line Items]
Bears interest rate				10%
Principal amount				$ 1,000,000
Maturity date				Jun. 30, 2021
Restricted common shares (in Shares)				20,000
Interest rate percentage					25%
Due date					Oct. 31, 2022
Accrued interest					$ 175,069
Secured Promissory Note and Warrants to Coventry Asset Management, LTD. [Member] | Forecast [Member]
Notes Payable – Related Parties (Details) [Line Items]
New equity capital		$ 5,000,000
Interest rate increases	14%
Secured Promissory Note and Warrants to Coventry Asset Management, LTD. [Member] | Promissory Note [Member]
Notes Payable – Related Parties (Details) [Line Items]
Maturity date				Dec. 31, 2022
Subordinated Promissory Note and Warrants to Investor [Member]
Notes Payable – Related Parties (Details) [Line Items]
Convertible note matured, description					As subsequently amended, a payment of $50,000 was made in April 2022 and the remaining principal of $200,000 together with accrued interest was due on June 30, 2022.
Principal amount				$ 500,000					$ 250,000
Interest rate, percentage				10%
Promissory Note to Investment Hunter, LLC [Member]
Notes Payable – Related Parties (Details) [Line Items]
Bears interest rate					10%
Advances totaling					$ 492,000
New equity capital					$ 3,000,000
Due date					Jan. 01, 2023
Accrued interest					$ 30,193

Notes Payable _ Related Parti_4

Notes Payable – Related Parties (Details) - Schedule of notes payable – related parties - USD ($)	Sep. 30, 2022	Dec. 31, 2021
Notes Payable – Related Parties (Details) - Schedule of notes payable – related parties [Line Items]
Total notes payable – related parties	$ 3,357,620	$ 2,183,551
Subordinated Promissory Note to CEO [Member]
Notes Payable – Related Parties (Details) - Schedule of notes payable – related parties [Line Items]
Total	523,551	523,551
Convertible Promissory Note to CEO [Member]
Notes Payable – Related Parties (Details) - Schedule of notes payable – related parties [Line Items]
Total	1,107,069	410,000
Secured Promissory Note to Coventry Asset Management, LTD. [Member]
Notes Payable – Related Parties (Details) - Schedule of notes payable – related parties [Line Items]
Total	1,000,000	1,000,000
Subordinated Promissory Note to Investor [Member]
Notes Payable – Related Parties (Details) - Schedule of notes payable – related parties [Line Items]
Total	200,000	250,000
Promissory Note to Investment Hunter, LLC [Member]
Notes Payable – Related Parties (Details) - Schedule of notes payable – related parties [Line Items]
Total	492,000
Note payable to Director [Member]
Notes Payable – Related Parties (Details) - Schedule of notes payable – related parties [Line Items]
Total	$ 35,000

Other Indebtedness (Details)

Other Indebtedness (Details)	9 Months Ended
	Sep. 30, 2022 USD ($)
Other Indebtedness [Abstract]
Mortgage payable, description	The note has been amended a number of times to a maturity date of January 15, 2023. In the latest extension, the Company made a principal payment of $73,190 plus accrued interest in October 2022 and agreed to make two additional principal payments of $50,000 plus accrued interest on November 15, 2022 and December 15, 2022.
Interest rate	12%
Interest expenses	$ 5,000,000
Lease and rental expense	7,500
Minimum future of remainder of 2022	22,500
Minimum future of remainder of 2023	$ 52,500

Leases (Details)

Leases (Details) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Leases (Details) [Line Items]
Lease payment			$ 2,000
Lease expense	$ 6,000	$ 6,000	$ 18,000	$ 16,000
Borrowing rate percentage			10%
Minimum [Member]
Leases (Details) [Line Items]
Monthly rent			$ 1,000
Maximum [Member]
Leases (Details) [Line Items]
Monthly rent			4,000
Oz Capital, LLC [Member]
Leases (Details) [Line Items]
Lease payment			10,249
Lease expense	$ 30,747	$ 30,747	$ 92,241	$ 88,604

Commitments and Contingencies (

Commitments and Contingencies (Details) - USD ($)	1 Months Ended	9 Months Ended
	Dec. 23, 2020	Sep. 30, 2022	Oct. 31, 2022	Dec. 31, 2018
Commitments and Contingencies (Details) [Line Items]
Purchase price of equipment		$ 16,000
Insurance claim for replacement		$ 1,498,848
Description of suit against UNIC		Halcyon’s suit against UNIC, which was removed to federal court, seeks $796,865.53 (the cost of the replacement dryer of $1,498,848, less a credit for $583,508.47 previously paid by UNIC to Halcyon for the Dryer fire=$915,339.53) plus statutory interest on that sum from August 10, 2020 for violating the Texas Insurance Code’s requirement that claims be promptly paid, additional statutory penalties, and attorneys’ fees. Certain documents have been executed between the Company, Halcyon and legal counsel, which provide for a sharing of costs and expenses and awards, if any, against UNIC.
Partial settlement claim				$ 357,143
Amount of summary judgment	$ 230,712
Litigation settlement interest percentage	5%
Amount accrued for judgment		$ 252,583
Halcyon Thruput LLC’s [Member]
Commitments and Contingencies (Details) [Line Items]
Substantial coverages		$ 1,203,735
Grand Traverse Holdings, LLC [Member] | Subsequent Event [Member]
Commitments and Contingencies (Details) [Line Items]
Amount received from defendant			$ 122,500

Equity (Details)

Equity (Details) - USD ($)	1 Months Ended	9 Months Ended
	Dec. 30, 2020	Sep. 30, 2022	Jul. 31, 2022	Sep. 08, 2021	Apr. 30, 2021
Equity (Details) [Line Items]
Converted into shares of common stock		25,000
Sale of preferred stock units (in Dollars)		$ 10,000
Aggregate gross proceeds (in Dollars)		$ 1,350,000
Price per share (in Dollars per share)		$ 1
Redemption payments percentage		12.50%
Redemption payments total (in Dollars)					$ 137,500
Warrant per share (in Dollars per share)			$ 1.5
Weighted average market price of common stock exceed (in Dollars per share)		$ 1
Shares of Common stock		25,000
Common Stock [Member]
Equity (Details) [Line Items]
Equity, description		At September 30, 2022, the Company had 113,204,002 common shares outstanding. Following is a discussion of common stock issuances during the periods presented:   ● Acquisition of Certain Assets of Halcyon – In January 2021, the Company issued 6,250,000 shares of common stock valued at $2.5 million ($0.40 per share; restricted from trading for a period of up to one year) in the acquisition.     ● 2021 First Quarter Issuances of Common Stock Units – In the first quarter of 2021, the Company issued 800,000 common stock units for total proceeds of $400,000. Each common stock unit consisted of one share of common stock and a warrant for the purchase of two shares of common stock for $0.50 each. Each warrant is exercisable any time before its expiration on the second anniversary of its issuance. The Company allocated the total proceeds based on the relative fair values of the common stock and warrants. The fair value of the warrants was determined using an options valuation model with key assumptions including a risk-free interest rate of 0.11% and historical volatility of 272%. A total of $263,293 was allocated to the warrants and reported in additional paid-in capital.       ● Warrant Exercises – In the first quarter of 2021, the Company received $2,967,000 for the exercise of 8,428,976 outstanding warrants. In the fourth quarter of 2021, the Company received $375,000 for the exercise of 1,065,340 outstanding warrants.     ● Issuances for Exchange or Conversion of Debt – The Company issued a total of 1,618,660 common shares for the exchange or conversion of outstanding debt in the first quarter of 2021.         ● Issuance to Vendor for Services – In the third quarter of 2021, the Company issued 125,000 common shares to a vendor for services performed.         ● Issuance for Extension of Secured Note – The Company issued 20,000 common shares as consideration to extend the maturity of a senior note in the third quarter of 2021.         ● Issuance for Conversion of Series A Preferred Stock – As noted above, in the third quarter of 2021, the Company issued 75,947,376 common shares for the conversion of all outstanding shares of its Series A Preferred Stock.       ● Stock-based Compensation – The Company issued 500,000 restricted common shares valued at $155,000 as incentive compensation to two executives who joined the Company in the first quarter of 2021.         ● Issuance for Extensions of Secured Note – The Company issued 110,000 common shares as consideration for extensions of the maturity of a senior note in 2022. Refer to Note 5.
Aggregate gross proceeds (in Dollars)		$ 5,000,000
Price per share (in Dollars per share)		$ 1
Warrant [Member]
Equity (Details) [Line Items]
Warrant per share (in Dollars per share)		$ 0.0001
Series A Preferred Stock [Member]
Equity (Details) [Line Items]
Shares of preferred stock				6,328,948
Converted into shares of common stock				75,947,376
Converting into shares of restricted common stock				12
Series B Preferred Stock [Member]
Equity (Details) [Line Items]
Converted into shares of common stock		25,000
Equity, description	On December 30, 2020, the Company sold to certain accredited investors, including Gary C. Evans, our Chief Executive Officer, an aggregate of 135 preferred stock units comprised of (i) one share of Series B Redeemable Convertible Preferred Stock, no par value, and (ii) one warrant exercisable for 50,000 shares of common stock of the Company until December 30, 2022 at an exercise price of $0.352 per share.
Dividends percentage		6%
Stated value per share (in Dollars)		$ 10,000

Equity (Details) - Schedule of

Equity (Details) - Schedule of warrants outstanding	9 Months Ended
	Sep. 30, 2022 $ / shares shares
Equity (Details) - Schedule of warrants outstanding [Line Items]
Number of Warrants | shares	8,558,333
Exercise Price (each) | $ / shares	$ 0.407
Issued in December 2020 [Member] | Series B preferred units [Member]
Equity (Details) - Schedule of warrants outstanding [Line Items]
Number of Warrants | shares	5,500,000	[1]
Exercise Price (each) | $ / shares	$ 0.352	[1]
Expiration Date	December 30, 2022	[1]
Method of Exercise	Cash	[1]
Issued in December 2020 [Member] | Subordinated note to investor [Member]
Equity (Details) - Schedule of warrants outstanding [Line Items]
Number of Warrants | shares	500,000
Exercise Price (each) | $ / shares	$ 0.352
Expiration Date	December 30, 2022
Method of Exercise	Cash
Issued in Q1 2021 [Member] | Common stock units [Member]
Equity (Details) - Schedule of warrants outstanding [Line Items]
Number of Warrants | shares	1,600,000	[1]
Exercise Price (each) | $ / shares	$ 0.5	[1]
Expiration Date	January-February, 2023	[1]
Method of Exercise	Cash	[1]
Issued in Q4 2021 [Member] | Common stock units [Member]
Equity (Details) - Schedule of warrants outstanding [Line Items]
Number of Warrants | shares	958,333	[1]
Exercise Price (each) | $ / shares	$ 0.6	[1]
Expiration Date	October-December, 2023	[1]
Method of Exercise	Cash	[1]
[1] May be redeemed for $0.0001 per warrant at the Company’s option with 30 days advanced notice should the weighted average market price of common stock exceed $1.00 for any five out of seven consecutive trading days with a minimum average daily trading volume for such seven-day period of at least 25,000 shares of common stock.

Equity (Details) - Schedule o_2

Equity (Details) - Schedule of outstanding stock warrants activity	9 Months Ended
	Sep. 30, 2022 $ / shares shares
Schedule Of Outstanding Stock Warrants Activity Abstract
Number of Warrants, Warrants beginning | shares	8,808,333
Weighted Average Exercise Price, Warrants beginning | $ / shares	$ 0.407
Number of Warrants, Warrants cancelled | shares	(250,000)
Weighted Average Exercise Price, Cancelled | $ / shares	$ 0.4
Number of Warrants, Warrants ending | shares	8,558,333
Weighted Average Exercise Price, Warrants ending | $ / shares	$ 0.407

Stock-Based Compensation (Detai

Stock-Based Compensation (Details) - USD ($)	3 Months Ended				6 Months Ended	9 Months Ended	12 Months Ended
	Sep. 30, 2022	Dec. 31, 2021	Jun. 30, 2021	Mar. 31, 2021	Jun. 30, 2021	Sep. 30, 2022	Dec. 31, 2021
Stock-Based Compensation (Details) [Line Items]
Diluted common shares outstanding percentage							20%
Compensation expense related to awards			$ 38,750		$ 81,000
Common stock incentive compensation	1,915,000	13,850,000
Weighted average contractual life		10 years				9 years
Exercise price per share		0.76					0.76
Compensation expense						1,300,000
Total unrecognized compensation cost						$ 2,700,000
Awarded options vest over year	3 years
Minimum [Member]
Stock-Based Compensation (Details) [Line Items]
Weighted average contractual life	8 years
Exercise price per share	0.3					0.3
Risk free interest rate	2.87%	1.18%
Volatility ranging	251%	331%
Stock options range	4 years	5 years
Maximum [Member]
Stock-Based Compensation (Details) [Line Items]
Weighted average contractual life	10 years
Exercise price per share	0.33					0.33
Risk free interest rate	3.03%
Risk free interest rate		1.28%
Volatility ranging	408%	643%
Stock options range	7 years	6 years
2021 Plan [Member]
Stock-Based Compensation (Details) [Line Items]
common stock for issuance							15,000,000
Number of shares							15,000,000
Restricted Stock [Member]
Stock-Based Compensation (Details) [Line Items]
Restricted shares, issued				500,000
Restricted shares, value				$ 155,000

Stock-Based Compensation (Det_2

Stock-Based Compensation (Details) - Schedule of summarizes options outstanding	9 Months Ended
	Sep. 30, 2022 USD ($) $ / shares shares
Schedule Of Summarizes Options Outstanding Abstract
Shares Beginning (in Shares) | shares	13,850,000
Weighted Average Grant Date Fair Value Beginning	$ 0.76
Weighted Average Exercise Price Beginning	$ 0.76
Aggregate Intrinsic Value Beginning (in Dollars) | $
Shares Granted (in Shares) | shares	1,915,000
Weighted Average Grant Date Fair Value Granted	$ 0.3
Weighted Average Exercise Price Granted	$ 0.31
Aggregate Intrinsic Value Granted (in Dollars) | $
Shares Ending (in Shares) | shares	15,765,000
Weighted Average Grant Date Fair Value Ending	$ 0.7
Weighted Average Exercise Price Ending	$ 0.71
Aggregate Intrinsic Value Ending (in Dollars) | $

Discontinued Operations (Detail

Discontinued Operations (Details) - Schedule of discontinued operations to assets and liabilities held for sale - Discontinued Operations [Member] - USD ($)	Sep. 30, 2022	Dec. 31, 2021
Assets:
Oil and natural gas properties held for sale, at cost	$ 1,874,849	$ 1,874,849
Accumulated DD&A	(1,874,849)	(1,874,849)
Total assets of discontinued operations held for sale
Liabilities:
Accrued liabilities	39,956	48,997
Asset retirement obligations	52,368	52,368
Revenue payable	52,117	52,117
Current liabilities of discontinued operations held for sale	144,441	153,482
Long-term liabilities of discontinued operations held for sale	199,046	162,948
Total liabilities of discontinued operations held for sale	$ 343,487	$ 316,430

Discontinued Operations (Deta_2

Discontinued Operations (Details) - Schedule of discontinued operations shown in the consolidated statements of operations - Discontinued Operations [Member] - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Revenue -
Oil and gas sales	$ 41,077	$ 55,140	$ 116,870	$ 93,248
Costs and Expenses:
Lease operating expense	25,461	53,919	110,649	94,714
Accretion	5,230	2,851	36,098	9,883
Total costs and expenses	30,691	56,770	146,747	104,597
Loss from discontinued operations	$ 10,386	$ (1,630)	$ (29,877)	$ (11,349)

Supplemental Cash Flow Inform_3

Supplemental Cash Flow Information (Details) - Schedule of supplemental cash flow information - USD ($)	9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021
Schedule Of Supplemental Cash Flow Information Abstract
Cash paid for interest	$ 50,690	$ 127,812
Cash paid for taxes
Acquisition of certain assets of Halcyon Thruput, LLC
- issuance of common shares		2,500,000
- issuance of subordinated note		850,000
- assumption of Halcyon bank note		995,614
Series B preferred stock dividend payable	60,035	39,137
Issuance of common stock units previously subscribed		50,000
Issuances of common shares for exchange or conversion of debt		$ 2,160,269

Earnings (Loss) Per Share (Deta

Earnings (Loss) Per Share (Details) - Schedule of earnings (loss) per basic and diluted share - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Numerator
Loss from continuing operations attributable to common stockholders	$ (1,465,404)	$ (1,376,030)	$ (6,017,867)	$ (4,356,315)
Income (loss) from discontinued operations	9,736	(1,528)	(28,007)	(10,639)
Less: preferred stock dividends	(19,668)	(16,125)	(60,035)	(56,625)
Net loss attributable to common stockholders	$ (1,475,336)	$ (1,393,683)	$ (6,105,909)	$ (4,423,579)
Denominator
Weighted average shares used to compute basic EPS	113,204,002	54,109,797	113,149,973	38,693,679
Dilutive effect of convertible note	1,164,773		1,164,773
Dilutive effect of preferred stock	2,950,000	59,913,657	2,950,000	72,641,084
Dilutive effect of common stock options	125,490		122,052
Dilutive effect of common stock warrants	47,560	9,042,419	1,709,576	11,126,327
Weighted average shares used to compute diluted EPS	117,491,825	123,065,873	119,096,374	122,461,090
Loss from continuing operations
Basic	$ (0.01)	$ (0.03)	$ (0.05)	$ (0.11)
Diluted	(0.01)	(0.03)	(0.05)	(0.11)
Loss from discontinued operations
Basic
Diluted
Earnings (loss) per share
Basic	(0.01)	(0.03)	(0.05)	(0.11)
Diluted	$ (0.01)	$ (0.03)	$ (0.05)	$ (0.11)