Bright Green (BGXX) 10-Q19 Nov 242024 Q3 Quarterly reportFinancial data

Company Profile

Cover

Cover - shares	9 Months Ended
Cover - shares	Sep. 30, 2024	Nov. 19, 2024
Cover [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Quarterly Report	true
Document Transition Report	false
Document Period End Date	Sep. 30, 2024
Document Fiscal Period Focus	Q3
Document Fiscal Year Focus	2024
Current Fiscal Year End Date	--12-31
Entity File Number	001-41395
Entity Registrant Name	BRIGHT GREEN CORPORATION
Entity Central Index Key	0001886799
Entity Tax Identification Number	83-4600841
Entity Incorporation, State or Country Code	DE
Entity Address, Address Line One	1033 George Hanosh Boulevard
Entity Address, City or Town	Grants
Entity Address, State or Province	NM
Entity Address, Postal Zip Code	87020
City Area Code	(833)
Local Phone Number	658-1799
Title of 12(b) Security	Common Stock, par value $0.0001 per share
Trading Symbol	BGXX
Security Exchange Name	NASDAQ
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Non-accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	true
Elected Not To Use the Extended Transition Period	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		191,166,318
Entity Information, Former Legal or Registered Name	Not Applicable

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets - USD ($)	Sep. 30, 2024	Dec. 31, 2023
Current assets
Cash	$ 40,366	$ 10,059
Prepaid expenses and other assets	11,891	258,230
Total current assets	52,257	268,289
Other investment held at fair value (Note 5)		726,343
Property, plant, and equipment (Note 6)	15,903,703	16,407,415
Intangible assets (Note 7)	9,010	1,000
Total assets	15,964,970	17,403,047
Current liabilities
Accounts payable (Note 11)	5,377,859	4,175,220
Accrued liabilities	59,882	411,099
Common stock payable for EB-5 program (Note 9)	800,000
Due to others (Note 5)		1,650,000
Total current liabilities	7,043,056	6,236,319
Long-term liabilities
Related party line of credit note (Notes 8 and 11)		201,783
Total long-term liabilities		201,783
Total liabilities	7,043,056	6,438,102
STOCKHOLDERS’ EQUITY
Preferred stock; $0.0001 par value; 10,000,000 shares authorized; no shares issued or outstanding as of September 30, 2024 and December 31, 2023, respectively (Note 9)
Common stock; $0.0001 par value; 500,000,000 shares authorized; 191,166,318 and 184,758,818 shares issued and outstanding at September 30, 2024 and December 31, 2023, respectively (Note 9)	19,117	18,476
Additional paid-in capital (Note 9)	59,603,574	58,149,938
Accumulated deficit	(50,700,777)	(47,203,469)
Total stockholders’ equity	8,921,914	10,964,945
Total liabilities and stockholders’ equity	15,964,970	17,403,047
Related Party [Member]
Current liabilities
Related party short-term note payable (Note 11)	165,000
Related party line of credit (LOC) note (Note 8 and 11)	$ 640,315

Condensed Consolidated Balanc_2

Condensed Consolidated Balance Sheets (Parenthetical) - $ / shares	Sep. 30, 2024	Dec. 31, 2023
Statement of Financial Position [Abstract]
Preferred stock, par value	$ 0.0001	$ 0.0001
Preferred stock, shares authorized	10,000,000	10,000,000
Preferred stock, shares issued	0	0
Preferred stock, shares outstanding	0	0
Common stock, par value	$ 0.0001	$ 0.0001
Common stock, shares authorized	500,000,000	500,000,000
Common stock, shares issued	191,166,318	184,758,818
Common stock, shares outstanding	191,166,318	184,758,818

Condensed Consolidated Statemen

Condensed Consolidated Statements of Operations and Comprehensive Loss (Unaudited) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Income Statement [Abstract]
Revenue
Expenses
General and administrative expenses	966,395	1,650,655	4,080,093	6,933,033
Depreciation	145,529	160,878	433,585	477,629
Total operating expenses	1,111,924	1,811,533	4,513,678	7,410,662
Loss from operations	(1,111,924)	(1,811,533)	(4,513,678)	(7,410,662)
Other income (expense)
Other income (Note 9)			80,000
Foreign currency transaction loss	(865)		(221)	(1,366)
Interest income	14		23
Change in fair value of assets, net (Note 5)			(80,705)
Gain on extinguishment of debt (Note 5)	8,684		1,017,273
Total other income (expense)	7,833		1,016,370	(1,366)
Loss before income taxes	(1,104,091)	(1,811,533)	(3,497,308)	(7,412,028)
Income tax expense
Loss before equity in net losses of affiliate	(1,104,091)	(1,811,533)	(3,497,308)	(7,412,028)
Equity in net losses of affiliate		(179,709)		(184,650)
Net loss and comprehensive loss	$ (1,104,091)	$ (1,991,242)	$ (3,497,308)	$ (7,596,678)
Weighted average common shares outstanding basic	191,003,275	180,587,574	189,565,789	176,784,628
Weighted average common shares outstanding diluted	191,003,275	180,587,574	189,565,789	176,784,628
Net loss per common share basic	$ (0.01)	$ (0.01)	$ (0.02)	$ (0.04)
Net loss per common share diluted	$ (0.01)	$ (0.01)	$ (0.02)	$ (0.04)

Condensed Consolidated Statem_2

Condensed Consolidated Statements of Changes in Stockholders' Equity (Unaudited) - USD ($)	Common Stock [Member]	Additional Paid-in Capital [Member]	Retained Earnings [Member]	Total
Balance at Dec. 31, 2022	$ 17,329	$ 45,637,328	$ (34,075,821)	$ 11,578,836
Balance, shares at Dec. 31, 2022	173,304,800
Net loss			(7,596,678)	(7,596,678)
Common stock issued for services	$ 384	$ 2,945,519		$ 2,945,903
Common stock issued for services, shares	3,822,838
Common stock and warrants issued for a cashless conversion of related party LOC	283	3,609,506		3,609,789
Common stock and warrants issued for a cashless conversion of related party LOC, shares	2,827,960
Common stock and warrants issued for cash in a private placement, net of issuance costs of $395,250 (Note 9)	$ 368	$ 3,104,382		$ 3,104,750
Common stock and warrants issued for cash in a private placement, net of issuance costs of $395,250 (Note 9), shares	3,684,210
Warrants exercised for cash (Note 9)	$ 20	209,980		210,000
Warrants exercised for cash (Note 9), shares	200,000
Common stock issued for cashless conversion from related party LOC for EB-5 program (Note 9)	$ 2	879,998		880,000
Common stock issued for cashless conversion from related party LOC for EB-5 program (Note 9), shares	22,005
Common stock issued for cash for EB-5 program (Note 9)	$ 2	879,998		880,000
Common stock issued for cash for EB-5 program (Note 9), shares	22,005
Balance at Sep. 30, 2023	$ 18,388	57,266,711	(41,672,499)	15,612,600
Balance, shares at Sep. 30, 2023	183,883,818
Balance at Jun. 30, 2023	$ 17,948	52,984,109	(39,681,257)	13,320,800
Balance, shares at Jun. 30, 2023	179,483,020
Net loss			(1,991,242)	(1,991,242)
Common stock issued for services	$ 157	$ 673,096		$ 673,253
Common stock issued for services, shares	1,572,838
Common stock and warrants issued for a cashless conversion of related party LOC	283	3,609,506		3,609,789
Common stock and warrants issued for a cashless conversion of related party LOC, shares	2,827,960
Balance at Sep. 30, 2023	$ 18,388	$ 57,266,711	$ (41,672,499)	$ 15,612,600
Balance, shares at Sep. 30, 2023	183,883,818
Balance at Dec. 31, 2023	$ 18,476	58,149,938	(47,203,469)	10,964,945
Balance, shares at Dec. 31, 2023	184,758,818
Stock-based compensation (Note 10)	$ 100	486,437		486,537
Stock-based compensation (Note 10), shares	1,000,000
Net loss			(3,497,308)	(3,497,308)
Common stock issued in lieu of unpaid cash remuneration and bonus compensation (Notes 9 and 11)	$ 242	425,678		425,920
Common stock issued in lieu of unpaid cash remuneration and bonus compensation (Notes 9 and 11), shares	2,420,000
Common stock issued for services	$ 299	541,521		541,820
Common stock issued for services, shares	2,987,500
Balance at Sep. 30, 2024	$ 19,117	59,603,574	(50,700,777)	8,921,914
Balance, shares at Sep. 30, 2024	191,166,318
Balance at Jun. 30, 2024	$ 19,017	59,440,356	(49,596,686)	9,862,687
Balance, shares at Jun. 30, 2024	190,166,318
Stock-based compensation (Note 10)	$ 100	163,218		163,318
Stock-based compensation (Note 10), shares	1,000,000
Net loss			(1,104,091)	(1,104,091)
Balance at Sep. 30, 2024	$ 19,117	$ 59,603,574	$ (50,700,777)	$ 8,921,914
Balance, shares at Sep. 30, 2024	191,166,318

Condensed Consolidated Statem_3

Condensed Consolidated Statements of Changes in Stockholders' Equity (Unaudited) (Parenthetical) - USD ($)	3 Months Ended	9 Months Ended
	Sep. 30, 2023	Sep. 30, 2023
Statement of Stockholders' Equity [Abstract]
Net of issuance cost	$ 10,000	$ 10,000
Payment of financing and stock issuance costs		$ 395,250

Condensed Consolidated Statem_4

Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)	9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023
CASH FLOWS FROM OPERATING ACTIVITIES
Net loss	$ (3,497,308)	$ (7,596,678)
Adjustments to reconcile net cash (used in) provided by operating activities:
Foreign currency transaction loss	221	1,366
Equity in net losses of affiliate		184,650
Change in fair value of assets, net	80,705
Gain on extinguishment of debt	(1,017,273)
Depreciation	433,585	477,629
Stock-based compensation	1,028,357	2,945,903
Changes in operating assets and liabilities:
Prepaid expenses and other assets	106,721	(78,874)
Accounts payable	1,780,032	893,699
Accrued liabilities	74,703	698,866
Accrued interest	39,179
Net cash used in operating activities	(971,078)	(2,473,439)
CASH FLOWS FROM INVESTING ACTIVITIES
Purchase of intangible assets	(8,010)
Purchase of property, plant, and equipment	(354,957)	(2,204,161)
Net cash used in investing activities	(362,967)	(2,204,161)
CASH FLOWS FROM FINANCING ACTIVITIES
Proceeds from related party line of credit	564,352	200,000
Payments to related party line of credit	(150,000)
Proceeds from related party short-term note payable	150,000
Proceeds from issuance of common stock		880,000
Proceeds from issuance of common stock and warrants, issued in private placement, net of issuance costs		3,104,750
Payments to issuance costs for issuance of common stock and warrants, issued in cashless conversion of related party line of credit		(10,000)
Proceeds from common stock payable for EB-5 program	800,000
Proceeds from warrants exercised		210,000
Net cash provided by financing activities	1,364,352	4,384,750
NET INCREASE (DECREASE) IN CASH	30,307	(292,850)
CASH, BEGINNING OF PERIOD	10,059	414,574
CASH, END OF PERIOD	40,366	121,724
CASH PAID FOR
Interest
Taxes
SUPPLEMENTAL NON-CASH INVESTING & FINANCING ACTIVITIES
Transfer from due to related party to related party LOC		392,194
Related party LOC in exchange for common stock for EB-5 program		(880,000)
Related party LOC in exchange for common stock and warrants		(3,619,789)
Related party payroll liability in exchange for common stock	(425,920)
Adjustment to prepaid expenses and other assets for forfeited deposit in settlement of debt	139,618
Adjustment to construction in progress for return of equipment in settlement of debt	425,085
Adjustment to other investment held at fair value for return of shares in settlement of debt	645,638
Settlement of accounts payable in exchange for other investment held at fair value	(568,930)
Settlement of due to others in exchange for other investment held at fair value	(1,650,000)
Conversion of RSU to common shares	$ 100

Description of Business and Org

Description of Business and Organization	9 Months Ended
Description of Business and Organization	Sep. 30, 2024
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Description of Business and Organization	1. Description of Business and Organization Bright Green Corporation was incorporated on April 16, 2019 On May 17, 2022, the Company’s common stock commenced trading on Nasdaq under the symbol “BGXX.” On February 1, 2023, the Company initiated a private placement offering of common stock, only to accredited or qualified institutional investors, in reliance upon Rule 506, Regulation D promulgated under the Securities Act, pursuant to the U.S. government’s EB-5 immigrant investor program (the “EB-5 Program”). Under the EB-5 Program as originally constituted, the Company may issue up to an aggregate of 12,609,152 39.99 20,000,000 2.00 800,000 200,000 On May 21, 2023, the Company entered into a Securities Purchase Agreement with an accredited investor and existing stockholder of the Company for the sale by the Company of (i) 3,684,210 0.0001 3,684,210 0.95 On September 20, 2023, the Company formed Regional Center Bright Green, LLC (“RCBG”). RCBG is a wholly-owned subsidiary of the Company and is registered as a limited liability company in New Mexico. RCBG was created to assist foreign investors in obtaining permanent residency in the United States by investing in U.S. businesses, while adhering to the EB-5 Immigrant Investor Program guidelines. The subsidiary became operational on April 25, 2024. On September 19, 2024, the Company was delisted from trading on Nasdaq and is currently trading on the OTC Markets under the symbol “BGXX.” The Company is a start-up company as of September 30, 2024, and has no BRIGHT GREEN CORPORATION Notes to the Condensed Consolidated Financial Statements (Unaudited) For the Three Months and Nine Months Ended September 30, 2024 and 2023 (Expressed in United States Dollars)

Going Concern and Basis of Pres

Going Concern and Basis of Presentation	9 Months Ended
Going Concern and Basis of Presentation	Sep. 30, 2024
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Going Concern and Basis of Presentation	2. Going Concern and Basis of Presentation The accompanying unaudited condensed consolidated financial statements have been prepared by the Company in conformity with accounting principles generally accepted in the United States of America (“U.S. GAAP”) for interim financial information. The information furnished herein reflects all adjustments, consisting only of normal recurring adjustments, which in the opinion of management, are necessary to fairly state the Company’s financial position, the results of its operations, and cashflows for the periods presented. Certain information and footnote disclosures normally present in annual financial statements prepared in accordance with U.S. GAAP were omitted pursuant to such rules and regulations. The financial information contained in this report should be read in conjunction with the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2023, which the Company filed on April 16, 2024. The results of operations for the nine months ended September 30, 2024, are not necessarily indicative of the results for the year ending December 31, 2024. For the nine months ended September 30, 2024 and 2023, the Company had no 3,497,308 7,596,678 971,078 2,473,439 50,700,777 47,203,469 6,990,799 5,968,030 The Company is in its initial stages of building facilities to grow, research, and distribute medical plants. The Company has historically financed its operations through the sale of equity securities and debt financing. The Company does not have sufficient working capital to pay its operating expenses for a period of at least 12 months from the date the condensed consolidated financial statements were authorized to be issued. Therefore, the Company’s continued existence depends on its ability to continue executing its operating plan and obtaining additional debt or equity financing. The Company has developed plans to raise funds and continues to pursue sources of funding that management believes, if successful, would be sufficient to support the Company’s operating plan. During the nine months ended September 30, 2024, the Company raised $ 800,000 from the Company’s EB-5 Program. The Company also has drawn, inclusive of accrued interest, $ 640,315 from the Company’s $ 15 million related party line of credit and received $ 150,000 from a related party short-term note payable (Note 11). The funds from the related party short-term note payable were used to pay down the related party line of credit $ 150,000 , leaving available $ 14.36 million to draw from that credit facility (Note 8). There is substantial doubt about the Company’s ability to continue as a going concern due to the necessity to generate positive cash flows from operations and/or obtain additional financing. There is no assurance that the Company will be able to generate positive cash flows from operations or obtain additional financing on terms acceptable to the Company, if at all. BRIGHT GREEN CORPORATION Notes to the Condensed Consolidated Financial Statements (Unaudited) For the Three Months and Nine Months Ended September 30, 2024 and 2023 (Expressed in United States Dollars) 2. Going Concern and Basis of Presentation (continued) In addition, the Company’s current and future operations are subject to various risks and uncertainties, including but not limited to general economic conditions, competition, and regulatory matters. Accordingly, the Company’s operation plan is predicated on various assumptions including, but not limited to, the level of product demand, cost estimates, its ability to continue raising additional financing, and the state of the general economic environment in which the Company operates. These risks and uncertainties may have a material adverse effect on the Company’s financial condition and operating results. Management has taken actions to address the Company’s liquidity needs, including managing expenses, developing pathways to revenue, and pursuing additional financing, such as the EB-5 Program announced on February 1, 2023, and modified on March 29, 2024. However, there can be no assurance that such actions will be sufficient to enable the Company to continue as a going concern. There can be no assurance that these assumptions will prove accurate in all material respects or that the Company will be able to successfully execute its operating plan. The condensed consolidated financial statements do not include any adjustments to the recoverability and classification of recorded asset amounts or the amounts and classification of liabilities that might be necessary should the Company be unable to continue as a going concern. In addition, the Company does not have any short or long-term contractual purchases with suppliers for future purchases, capital expenditure commitments that cannot be canceled with minimal fees, noncancelable operating leases, or any commitment or contingency that would hinder management’s ability to scale down operations and management expenses until funding is raised. The Company’s ability to continue as a going concern is dependent upon the outcome of the matters described above. The condensed consolidated financial statements do not include any adjustments that might result from the outcome of these uncertainties. This disclosure is intended to inform users of the condensed consolidated financial statements about the Company’s current financial condition and its ability to continue as a going concern. The Company will continue to monitor its liquidity position and take appropriate actions as necessary to address any potential going concern issues.

Summary of Significant Accounti

Summary of Significant Accounting Policies	9 Months Ended
Summary of Significant Accounting Policies	Sep. 30, 2024
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	3. Summary of Significant Accounting Policies A. Basis of Measurement The condensed consolidated financial statements of the Company have been prepared on a historical cost basis except as indicated otherwise. BRIGHT GREEN CORPORATION Notes to the Condensed Consolidated Financial Statements (Unaudited) For the Three Months and Nine Months Ended September 30, 2024 and 2023 (Expressed in United States Dollars) 3. Summary of Significant Accounting Policies (continued) B. Principles of Consolidation The condensed consolidated financial statements include the accounts of the Company and its wholly-owned subsidiary, Regional Center Bright Green, LLC. Intercompany transactions and balances have been eliminated upon consolidation. C. Property, Plant, and Equipment Property, plant, and equipment are stated at cost less accumulated depreciation. Expenditures for maintenance and repairs are charged to earnings as incurred; additions, renewals, and betterments are capitalized. When property, plant, and equipment are retired or otherwise disposed of, the related cost and accumulated depreciation are removed from the respective accounts, and any gain or loss is included in operations. Depreciation of property, plant, and equipment, except land, which is not depreciated, is provided using the declining balance method, or straight-line method, with estimated lives as follows: Schedule of Estimated Useful Life Building and improvement - declining balance method 10 Furniture and fixtures - straight-line method 3 Construction in progress is not depreciated until the asset is placed in service. D. Long-lived Assets The Company applies the provisions of ASC Topic 360, Property, Plant, and Equipment, which addresses financial accounting and reporting for the impairment or disposal of long-lived assets. ASC Topic 360 requires that long-lived assets be reviewed annually for impairment whenever events or changes in circumstances indicate that the assets’ carrying amounts may not be recoverable; it further requires impairment losses to be recorded on long-lived assets used in operations when indicators of impairment are present and the undiscounted cash flows estimated to be generated by those assets are less than the assets’ carrying amounts. In that event, a loss is recognized based on the amount by which the carrying amount exceeds the fair value of the long-lived assets. Loss on long-lived assets to be disposed of is determined in a similar manner, except that fair values are reduced for the cost of disposal. E. Intangible Assets The Company’s intangible assets consist of certain licenses and trademarks (Note 7). The licenses will be amortized over the term of each license. The trademarks are expected to contribute to cash flows indefinitely. The intangible assets with finite useful lives are reviewed for impairment when indicators of impairment are present, and the undiscounted cash flows estimated to be generated by those assets are less than the assets’ carrying amounts. In that event, a loss is recognized based on the amount by which the carrying amount exceeds the fair value of the long-lived assets. BRIGHT GREEN CORPORATION Notes to the Condensed Consolidated Financial Statements (Unaudited) For the Three Months and Nine Months Ended September 30, 2024 and 2023 (Expressed in United States Dollars) 3. Summary of Significant Accounting Policies (continued) F. Fair Value of Financial Instruments In accordance with ASC 820 (Topic 820, Fair Value Measurements and Disclosures), the Company uses a three-level hierarchy for fair value measurements of certain assets and liabilities for financial reporting purposes that distinguishes between market participant assumptions developed from market data obtained from outside sources (observable inputs) and our own assumptions about market participant assumptions developed from the best information available to us in the circumstances (unobservable inputs). The fair value hierarchy is divided into three levels based on the source of inputs 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 asset or liability other than quoted prices, either directly or indirectly including inputs in markets that are not considered to be active; and ● Level 3 – inputs to the valuation methodology are unobservable and significant to the fair value measurement. Categorization within the valuation hierarchy is based upon the lowest level of input that is significant to the fair value measurement. The carrying amounts of the Company’s cash, other assets, accounts payable, accrued liabilities, due to others, related party short-term note payable and related party line of credit note approximated their fair values as of September 30, 2024, and December 31, 2023, due to their short-term nature. The Company’s investment in Alterola Biotech, Inc. (“Alterola”) was also accounted for at fair value and recorded in “other investment held at fair value” in the condensed consolidated balance sheets. In accordance with the levels defined above, Level 1, the fair value of the Company’s Alterola investment was $ nil 726,343 BRIGHT GREEN CORPORATION Notes to the Condensed Consolidated Financial Statements (Unaudited) For the Three Months and Nine Months Ended September 30, 2024 and 2023 (Expressed in United States Dollars) 3. Summary of Significant Accounting Policies (continued) G. Other Investment Held at Fair Value In accordance with ASC 825, the Company records its investment at fair value under the “other investment held at fair value” in the Company’s condensed consolidated balance sheets, and changes in fair value are recognized as “change in fair value of assets, net,” a component of “other expense (expense)” in the condensed consolidated statements of operations and comprehensive loss. The Company’s Alterola investment is accounted for at fair value under ASC 321 and recorded in “other investment held at fair value” on the condensed consolidated balance sheets, and changes in fair value are recognized as “change in fair value of assets, net,” a component of “other income (expense)” in the condensed consolidated statements of operations and comprehensive loss (Note 5). H. Advertising Costs Advertising costs are charged to operations when incurred. Advertising costs totaled $ 39,237 33,596 I. Income Taxes The Company accounts for income taxes in accordance with ASC Topic 740, Income Taxes. ASC 740 requires a company to use the asset and liability method of accounting for income taxes, whereby deferred tax assets are recognized for deductible temporary differences, and deferred tax liabilities are recognized for taxable temporary differences. Temporary differences are the differences between the reported amounts of assets and liabilities and their tax bases. Deferred tax assets are reduced by a valuation allowance when, in the opinion of management, it is more likely than not that some portion or all of the deferred tax assets will not be realized. Deferred tax assets and liabilities are adjusted for the effects of changes in tax laws and rates on the date of enactment. The Company has not changed its methodology for estimating the valuation allowance. A change in valuation allowance affects earnings in the period the adjustments are made and could be significant due to the large valuation allowance currently established. Under ASC 740, a tax position is recognized as a benefit only if it is “more likely than not” that the tax position would be sustained in a tax examination, with a tax examination being presumed to occur. The amount recognized is the largest amount of tax benefit that is greater than 50% likely to be realized on examination. BRIGHT GREEN CORPORATION Notes to the Condensed Consolidated Financial Statements (Unaudited) For the Three Months and Nine Months Ended September 30, 2024 and 2023 (Expressed in United States Dollars) 3. Summary of Significant Accounting Policies (continued) J. Basic and Diluted Earnings (Loss) Per Share Basic earnings (loss) per share is calculated using the weighted average number of common shares outstanding during the period. The dilutive effect on earnings (loss) per share is calculated, presuming the exercise of outstanding stock options, warrants, and similar instruments. It assumes that the proceeds of such exercise would be used to repurchase common shares at the average market price during the period. Due to the net loss incurred, potentially dilutive instruments would be anti-dilutive. Accordingly, diluted loss per share is the same as basic loss per share for all periods presented. K. Segment Reporting ASC 280-10, “Disclosures about Segments of an Enterprise and Related Information”, establishes standards for how public business enterprises report information about operating segments in the Company’s condensed consolidated financial statements. Operating segments are components of an enterprise about which separate financial information is available that is evaluated regularly by the chief operating decision-maker in deciding how to allocate resources and in assessing performance. Significantly all of the assets of the Company are located in the United States of America and the Company is a start-up company as at September 30, 2024 and 2023 and has no L. Use of Estimates The preparation of the condensed consolidated financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the condensed consolidated financial statements and the reported amounts of revenues and expenses during the reporting period. The Company regularly evaluates estimates and assumptions. The Company bases its estimates and assumptions on current facts, historical experience, various other factors that it believes to be reasonable under the circumstances, the results of which form the basis for making judgments about the carrying values of assets and liabilities, and the accrual of costs and expenses that are not readily apparent from other sources. This applies in particular to valuation allowance for deferred tax assets, valuation of warrants, stock options, and stock-based compensation, going concern assessment, and assignment of the useful lives of property, plant, and equipment. The actual results experienced by the Company may differ materially and adversely from the Company’s estimates. To the extent there are material differences between the estimates and the actual results, future results of operations will be affected. BRIGHT GREEN CORPORATION Notes to the Condensed Consolidated Financial Statements (Unaudited) For the Three Months and Nine Months Ended September 30, 2024 and 2023 (Expressed in United States Dollars) 3. Summary of Significant Accounting Policies (continued) M. Stock-Based Compensation The Company accounts for stock-based payments in accordance with the provision of ASC 718, which requires that all stock-based payments issued to acquire goods or services, including grants of employee stock options, be recognized in the condensed consolidated statements of operations and comprehensive loss based on their fair values, net of estimated forfeitures. ASC 718 requires forfeitures to be estimated at the time of grant and revised, if necessary, in subsequent periods if actual forfeitures differ from those estimates. Compensation expense related to stock-based awards is recognized over the requisite service period, which is generally the vesting period. The Company accounts for stock-based compensation awards issued to non-employees for services, as prescribed by ASC 718-10, at either the fair value of the services rendered or the instruments issued in exchange for such services, whichever is more readily determinable, using the guidelines in ASC 505-50. The Company issues compensatory shares for services including, but not limited to, executive management, management, accounting, operations, corporate communication, and financial and administrative consulting services. N. Warrants The Company accounts for warrants as either equity-classified or liability-classified instruments based on an assessment of the warrant’s specific terms and applicable authoritative guidance in FASB, ASC 480 and ASC 815. The assessment considers whether the warrants are freestanding financial instruments pursuant to ASC 480, meet the definition of a liability pursuant to ASC 480, and whether the warrants meet all of the requirements for equity classification under ASC 815, including whether the warrants are indexed to the Company’s own ordinary shares and whether the warrant holders could potentially require “net cash settlement” in a circumstance outside of the Company’s control, among other conditions for equity classification. This assessment, which requires the use of professional judgment, is conducted at the time of warrant issuance and as of each subsequent quarterly period end date while the warrants are outstanding. For issued or modified warrants that meet all of the criteria for equity classification, the warrants are required to be recorded as a component of additional paid-in capital at the time of issuance. For issued or modified warrants that do not meet all the criteria for equity classification, the warrants are required to be recorded at their initial fair value on the date of issuance, and each condensed consolidated balance sheet date thereafter. Changes in the estimated fair value of the warrants are recognized as a non-cash gain or loss on the condensed consolidated statements of operations and comprehensive loss. BRIGHT GREEN CORPORATION Notes to the Condensed Consolidated Financial Statements (Unaudited) For the Three Months and Nine Months Ended September 30, 2024 and 2023 (Expressed in United States Dollars) 3. Summary of Significant Accounting Policies (continued) O. Recently Adopted Accounting Standards In October 2023, the FASB issued ASU No. 2023-06, Disclosure Improvements: Codification Amendments in Response to the SEC’s Disclosure Update and Simplification Initiative In November 2023, the FASB issued ASU 2023-07, Segment Reporting (Topic 280): Improvements to Reportable Segment Disclosures Topic 280 BRIGHT GREEN CORPORATION Notes to the Condensed Consolidated Financial Statements (Unaudited) For the Three Months and Nine Months Ended September 30, 2024 and 2023 (Expressed in United States Dollars) 3. Summary of Significant Accounting Policies (continued) P. Recently Issued but Not Adopted Accounting Standards In December 2023, the FASB issued ASU 2023-09, Income Taxes (Topic 740): Improvements to Income Tax Disclosures Management does not believe that other recently issued, but not yet effective, accounting standards could have a material effect on the Company’s condensed consolidated financial statements. As new accounting pronouncements are issued, the Company will adopt those that are applicable under the circumstances.

Concentration of Credit Risk

Concentration of Credit Risk	9 Months Ended
Concentration of Credit Risk	Sep. 30, 2024
Risks and Uncertainties [Abstract]
Concentration of Credit Risk	4. Concentration of Credit Risk Financial instruments that potentially subject the Company to concentration of credit risk consist principally of cash deposits. Accounts at each institution are insured by the Federal Deposit Insurance Corporation (“FDIC”) up to $ 250,000 nil

Other Investment Held at Fair V

Other Investment Held at Fair Value	9 Months Ended
Other Investment Held at Fair Value	Sep. 30, 2024
Other Investment Held At Fair Value
Other Investment Held at Fair Value	5. Other Investment Held at Fair Value The Company’s Alterola investment was accounted for at fair value under ASC 321 and presented as “other investment held at fair value” on the condensed consolidated balance sheets. Any changes in fair value of the Company’s Alterola investment were recorded as a change in fair value of assets in its condensed consolidated statements of operations and comprehensive loss. Based on quoted market prices the fair value of the Company’s Alterola investment was $ 645,638 80,705 As part of the Settlement and Release Agreement: 1) a deposit made to United in the amount of approximately $ 1,100,000 118,535,168 568,000 83,226,814 1,650,000 27,742,271 1,008,589 BRIGHT GREEN CORPORATION Notes to the Condensed Consolidated Financial Statements (Unaudited) For the Three Months and Nine Months Ended September 30, 2024 and 2023 (Expressed in United States Dollars) 5. Other Investment Held at Fair Value (continued) At September 30, 2024 and December 31, 2023, the other investment held at fair value was $ nil 726,343

Property, Plant, and Equipment

Property, Plant, and Equipment	9 Months Ended
Property, Plant, and Equipment	Sep. 30, 2024
Property, Plant and Equipment [Abstract]
Property, Plant, and Equipment	6. Property, Plant, and Equipment The Company owns an expansive 22 70 Property, plant, and equipment at September 30, 2024 and December 31, 2023 consisted of the following: Schedule of Property Plant and Equipment September 30, 2024 December 31, 2023 Furniture and fixtures $ 88,690 $ 88,690 Land 260,000 260,000 Construction in progress 10,565,740 10,635,866 Building and improvements 8,883,851 8,883,851 Property, plant and equipment gross 19,798,281 19,868,407 Accumulated depreciation (3,894,578 ) (3,460,992 ) Net property, plant, and equipment $ 15,903,703 $ 16,407,415 The amount of interest expense capitalized and included in construction in progress was $ 39,179 223,271 Since 2020, the Company has had the rights to two land purchase options: - A Real Estate Option Agreement dated October 5, 2020, and expiring on December 31, 2021 1,500 1,750 2,000 330 5,000 - A Real Estate Option Agreement dated October 21, 2020, and expiring on December 31, 2021 1,000 1,500 175 5,000 In 2022, the Company notified the two landowners of the Company’s intention to acquire the real estate despite the expiration of the options. The Company is in the process of negotiating final terms of the two acquisitions and intends on closing the acquisitions upon obtaining sufficient financing. BRIGHT GREEN CORPORATION Notes to the Condensed Consolidated Financial Statements (Unaudited) For the Three Months and Nine Months Ended September 30, 2024 and 2023 (Expressed in United States Dollars) 6. Property, Plant, and Equipment (continued) As of September 30, 2024, the acquisitions have not been completed.

Intangible Assets

Intangible Assets	9 Months Ended
Intangible Assets	Sep. 30, 2024
Goodwill and Intangible Assets Disclosure [Abstract]
Intangible Assets	7. Intangible Assets Intangible assets at September 30, 2024 and December 31, 2023 consisted of the following: Schedule of Intangible Assets September 30, 2024 December 31, 2023 Licenses $ 1,000 $ 1,000 Trademarks 8,010 - Intangible assets gross 9,010 1,000 Accumulated amortization - - Net intangible assets $ 9,010 $ 1,000

Related Party Line of Credit No

Related Party Line of Credit Note	9 Months Ended
Related Party Line of Credit Note	Sep. 30, 2024
Related Party Line Of Credit Note
Related Party Line of Credit Note	8. Related Party Line of Credit Note On June 5, 2022, the Company and LDS Capital LLC (“Lender”), whose managing member is a member of the Company’s Board of Directors (the “Board”), entered into an unsecured line of credit in the form of a note (the “June Note”). The June Note provides that the Company may borrow up to $ 5.0 3.0 2.0 2% 2% 10 BRIGHT GREEN CORPORATION Notes to the Condensed Consolidated Financial Statements (Unaudited) For the Three Months and Nine Months Ended September 30, 2024 and 2023 (Expressed in United States Dollars) 8. Related Party Line of Credit Note (continued) August 2024 Amendment On August 19, 2024, the board of directors of the Company approved an amendment and restatement to the June Note pursuant to which, among other things, upon the Lender making a new advance in the principal amount of at least $ 3,500,000 The August Note also provides for a conversion feature pursuant to which Lender may, at her discretion, convert the outstanding principal and interest balance of the Secured Note into (i) shares of the Company’s Common Stock at a price of $ 1.15 0.13 3.00 Additionally, in connection with the entry into the August Note, the Company and the Lender entered into an amendment to the warrants issued to Lender in connection with an September 1, 2023 conversion of $ 3,619,789 0.13 2,827,960 3.00 3.00 The new advance in the principal amount of at least $ 3,500,000 September 2024 Amendment On September 16, 2024, the Company and Lynn Stockwell entered into a Secured Amended and Restated Line of Credit Note, amending and restating the terms of the original note entered into on November 14, 2022, which was originally amended and restated August 19, 2024 (as amended and restated, the “September Note”). The September Note reduced the new advance in principal under the August Note from $ 3,500,000 2,500,000 The September Note also modified the conversion feature of the August Note. Under the September Note, at Lender’s discretion, the Lender may convert up to $ 4 0.0001 0.40 14 0.0001 As of November 19, 2024, the $ 2,500,000 BRIGHT GREEN CORPORATION Notes to the Condensed Consolidated Financial Statements (Unaudited) For the Three Months and Nine Months Ended September 30, 2024 and 2023 (Expressed in United States Dollars) 8. Related Party Line of Credit Note (continued) As of September 30, 2024, the Lender has funded the Company $ 6,547,603 5,983,250 6,260,855 6,110,855 327,605 25,963 1,783 24,179 223,271

Stockholders_ Equity

Stockholders’ Equity	9 Months Ended
Stockholders’ Equity	Sep. 30, 2024
Equity [Abstract]
Stockholders’ Equity	9. Stockholders’ Equity The Company has authorized 500,000,000 0.0001 10,000,000 0.0001 191,166,318 184,758,818 During the nine months ended September 30, 2024, the Company issued the following: - 450,000 0.2116 - 2,537,500 0.1760 - 2,420,000 0.1760 - 1,000,000 1,000,000 During the nine months ended September 30, 2023, the Company issued the following: - 200,000 200,000 1.05 - 22,005 39.99 880,000 880,000 BRIGHT GREEN CORPORATION Notes to the Condensed Consolidated Financial Statements (Unaudited) For the Three Months and Nine Months Ended September 30, 2024 and 2023 (Expressed in United States Dollars) 9. Stockholders’ Equity (continued) - 22,005 39.99 - 875,000 0.9416 - 500,000 1.13 - 3,684,210 3,684,210 0.95 - 875,000 1.01 - 137,838 0.74 - 2,827,960 2,827,960 3.00 1.28 3,619,789 3,619,789 - 60,000 0.4015 - 500,000 0.4015 - 875,000 0.3959 Common stock payable for EB-5 program During the nine months ended September 30, 2024 and December 31, 2023, the Company recorded $ 800,000 nil 400,000 2.00 880,000 80,000 BRIGHT GREEN CORPORATION Notes to the Condensed Consolidated Financial Statements (Unaudited) For the Three Months and Nine Months Ended September 30, 2024 and 2023 (Expressed in United States Dollars) 9. Stockholders’ Equity (continued) Private Placement Offerings September 2022 Private Placement On September 7, 2022, the Company entered into a Securities Purchase Agreement with investors for the sale by the Company of 9,523,810 9,523,810 1.05 1.05 five years 10 200,000 210,000 In connection with the September 2023 Private Placement, the Company entered into a Registration Rights Agreement with the investors. The Company’s registration statement on Form S-1 to register the securities issued in the September 2022 Private Placement went effective on September 21, 2022. Transaction costs incurred related to the September 2022 Private Placement include the following: (i) placement agent fees of $ 800,000 55,617 7,650 May 2023 Private Placement On May 21, 2023, the Company entered into a Securities Purchase Agreement with an accredited investor and existing stockholder of the Company. The combined purchase price of one share and the accompanying warrant (“May 2023 Warrants”) was $ 0.95 0.95 five years 3.5 In connection with the May 2023 Private Placement, the Company entered into a Registration Rights Agreement with the investor. The Company’s registration statement on Form S-3 to register the securities issued in the May 2023 Private Placement went effective on June 5, 2023. Transaction costs incurred related to the May 2023 Private Placement include the following: (i) placement agent fees of $ 316,850 78,400 BRIGHT GREEN CORPORATION Notes to the Condensed Consolidated Financial Statements (Unaudited) For the Three Months and Nine Months Ended September 30, 2024 and 2023 (Expressed in United States Dollars) 9. Stockholders’ Equity (continued) Warrants September 2022 Warrants In the Company’s September 2022 Private Placement, warrants to purchase up to 9,523,810 1.05 0.95 The fair value of the September 2022 Warrants immediately prior to the modification was $ 7,399,000 6,901,000 498,000 May 2023 Warrants In the Company’s May 2023 Private Placement, warrants to purchase up to 3,684,210 0.78 0.95 five years 165.0% 3.8% 0.0% 1.6 September 2023 Warrants In connection with the repayment obligation of the related party line of credit note in September 2023, warrants to purchase up to 2,827,960 0.46 3.00 one year 149 5.36% 0.0% 149,180 BRIGHT GREEN CORPORATION Notes to the Condensed Consolidated Financial Statements (Unaudited) For the Three Months and Nine Months Ended September 30, 2024 and 2023 (Expressed in United States Dollars)

Stock-Based Compensation

Stock-Based Compensation	9 Months Ended
Stock-Based Compensation	Sep. 30, 2024
Retirement Benefits [Abstract]
Stock-Based Compensation	10. Stock-Based Compensation In 2022, the Company adopted the Bright Green Corporation 2022 Omnibus Equity Compensation Plan, which allows for various types of stock-based awards. These awards can be in the form of stock options (including non-qualified and incentive stock options), stock appreciation rights (“SARs”), restricted shares, performance shares, deferred stock, restricted stock units (“RSUs”), dividend equivalents, bonus shares, or other types of stock-based awards. As of September 30, 2024 and 2023, there were 8,626,612 625,000 2,288,403 6,338,209 625,000 625,000 The Company’s stock-based compensation costs for the nine months ended September 30, 2024 and 2023 were $ 1,028,357 2,945,903 73,749 nil 412,688 nil Stock Options The Company uses the Black-Scholes option-pricing model to value stock option grants to employees, non-employees, and directors. The fair value of the Company’s common stock is used to determine the fair value of stock options. The Black-Scholes option pricing model requires inputs based on certain subjective assumptions, including (i) the expected stock price volatility, (ii) the expected term of the award, (iii) the risk-free interest rate, and (iv) expected dividends. The historical volatility is calculated based on a period of time commensurate with the expected term assumption. The Company uses the simplified method to calculate the expected term for options granted to employees whereby the expected term equals the arithmetic average of the vesting term and the original contractual term of the options due to its lack of sufficient historical data. The risk-free interest rate is based on U.S. Treasury securities with a maturity date commensurate with the expected term of the associated award. The expected dividend yield is assumed to be zero as the Company has never paid dividends and has no current plans to pay any dividends on its common stock. The Company recognizes forfeitures as they occur. The fair value of the stock options was estimated using the following assumptions: Schedule of Stock Option 2024 2023 Weighted average fair value at grant date $ 0.2013 $ 0.3303 Valuation assumptions: Expected life of options (years) 5.00 5.00 Expected stock volatility 186.90 % 213.90 % Risk-free interest rate 4.54 % 4.42 % Expected dividend yield 0.00 % 0.00 % BRIGHT GREEN CORPORATION Notes to the Condensed Consolidated Financial Statements (Unaudited) For the Three Months and Nine Months Ended September 30, 2024 and 2023 (Expressed in United States Dollars) 10. Stock-Based Compensation (continued) During the nine months ended September 30, 2024, the Company’s stock option activity was as follows: - On March 31, 2024, 625,000 - On May 23, 2024, the Company granted 488,403 During the nine months ended September 30, 2023, there were 625,000 The following table summarizes stock option activity for the nine months ended September 30, 2024: Schedule of Summarizes Stock Option Activity Stock Options Outstanding & Exercisable Weighted Average Number of Weighted Average Remaining Life Stock Options Exercise Price (Years) Outstanding as at December 31, 2023 2,425,000 $ 0.3353 9.90 Granted 488,403 0.3276 9.90 Exercised - - Expired/Canceled (625,000 ) 0.3353 Outstanding as at September 30, 2024 2,288,403 $ 0.3337 9.50 Exercisable as at September 30, 2024 2,166,302 $ 0.3340 9.60 Restricted Stock Units The Company accounts for the fair value of restricted stock units (“RSUs”) using the closing market price of the Company’s common stock on the date of the grant. Stock-based compensation cost for RSUs is measured at the grant date based on the estimated fair value of the award and is recognized as expense over the requisite service period (generally the vesting period), net of forfeitures. During the nine months ended September 30, 2024, the Company’s restricted stock unit activity was as follows: - On March 7, 2024, the Company granted 600,000 shares of time-based RSUs, which vest in equal monthly installments over a period of one year beginning March 7, 2024, to the Chief Financial Officer of the Company; BRIGHT GREEN CORPORATION Notes to the Condensed Consolidated Financial Statements (Unaudited) For the Three Months and Nine Months Ended September 30, 2024 and 2023 (Expressed in United States Dollars) 10. Stock-Based Compensation (continued) - On March 31, 2024, 625,000 5,500,000 500,000 3,000,000 2,000,000 - On May 23, 2024, the Company granted 238,209 - On July 15, 2024, the Company’s Chief Executive Officer redeemed 1,000,000 1,000,000 During the nine months ended September 30, 2023, there were 625,000 The following table summarizes restricted stock unit activity for the nine months ended September 30, 2024: Schedule of Restricted Stock Unit Nonvested RSUs Weighted Average Number of Fair Value RSUs (Grant Date) Balance, December 31, 2023 625,000 $ 0.3848 Granted 6,338,209 0.2397 Vested (1,756,198 ) 0.1310 Forfeited/Canceled (625,000 ) 0.3848 Balance, September 30, 2024 4,582,011 $ 0.2814

Related Party Transactions

Related Party Transactions	9 Months Ended
Related Party Transactions	Sep. 30, 2024
Related Party Transactions [Abstract]
Related Party Transactions	11. Related Party Transactions Other than the transactions disclosed elsewhere in the condensed consolidated financial statements, the following are the other significant related party transactions and balances: Included in common stock issued for services during the nine months ended September 30, 2024, were 4,957,500 Included in stock-based awards granted during the nine months ended September 30, 2024, were 5,500,000 625,000 BRIGHT GREEN CORPORATION Notes to the Condensed Consolidated Financial Statements (Unaudited) For the Three Months and Nine Months Ended September 30, 2024 and 2023 (Expressed in United States Dollars) 11. Related Party Transactions (continued) Included in stock-based awards granted during the nine months ended September 30, 2024, were 600,000 Included in stock-based awards granted during the nine months ended September 30, 2024, were 238,209 Included in stock-based awards granted during the nine months ended September 30, 2024, were 488,403 At September 30, 2024 and December 31, 2023, $ 23,682 23,460 At September 30, 2024 and December 31, 2023, $ 196,082 68,037 At September 30, 2024 and December 31, 2023, $ 299,864 66,667 At September 30, 2024 and December 31, 2023, $ 400,000 400,000 At September 30, 2024, $ 165,000 15,000 At September 30, 2024, the outstanding balance on the related party line of credit of $ 640,315 BRIGHT GREEN CORPORATION Notes to the Condensed Consolidated Financial Statements (Unaudited) For the Three Months and Nine Months Ended September 30, 2024 and 2023 (Expressed in United States Dollars)

Contingencies

Contingencies	9 Months Ended
Contingencies	Sep. 30, 2024
Commitments and Contingencies Disclosure [Abstract]
Contingencies	12. Contingencies In the ordinary course of business, the Company is routinely defendants in, or parties to a number of pending and threatened legal actions including actions brought on behalf of various classes of claimants. In view of the inherent difficulty of predicting the outcome of such matters, the Company cannot state what the eventual outcome of such matters will be. Legal provisions are established when it becomes probable that the Company will incur an expense related to a legal action and the amount can be reliably estimated. Such provisions are recorded at the best estimate of the amount required to settle any obligation related to these legal actions as at the balance sheet date, taking into account the risks and uncertainties surrounding the obligation. Management and internal and external experts are involved in estimating any amounts that may be required. The actual costs of resolving these claims may vary significantly from the amount of the legal provisions. The Company’s estimate involves significant judgement, given the varying stages of the proceedings, the fact that the Company’s liability, if any, has yet to be determined and the fact that the underlying matters will change from time to time. Other than as set forth below, the Company is not presently a party to any litigation. The Company is not able to make a reliable assessment of the potential losses as these matters are at an early stage, accordingly, no amounts have been accrued in the condensed consolidated financial statements. Bright Green Corporation v. John Fikany, State of New Mexico, County of Cibola, Thirteenth Judicial District. Bright Green Group of Companies, an entity unrelated to the Company, to determine if defendant is entitled to 5,000,000 shares of the Company’s common stock, based on a failure to fulfill agreed upon conditions precedent to earning such shares from the Company. Bright Green Corporation v. Jerry Capussi, State of New Mexico, County of Cibola, Thirteenth Judicial District (i) shares of common stock in the Company (amounting to no more than 108,000 shares) or (ii) fair market value of defendant’s equity ownership of Bright Green Grow Innovations, LLC, a predecessor company of Bright Green Corporation.

Subsequent Events

Subsequent Events	9 Months Ended
Subsequent Events	Sep. 30, 2024
Subsequent Events [Abstract]
Subsequent Events	13. Subsequent Events The Company’s management has evaluated the subsequent events up to November 19, 2024, the date the condensed consolidated financial statements were issued, pursuant to the requirements of ASC 855, and has determined that there are no material subsequent events to disclose.

Summary of Significant Accoun_2

Summary of Significant Accounting Policies (Policies)	9 Months Ended
Summary of Significant Accounting Policies (Policies)	Sep. 30, 2024
Accounting Policies [Abstract]
Basis of Measurement	A. Basis of Measurement The condensed consolidated financial statements of the Company have been prepared on a historical cost basis except as indicated otherwise. BRIGHT GREEN CORPORATION Notes to the Condensed Consolidated Financial Statements (Unaudited) For the Three Months and Nine Months Ended September 30, 2024 and 2023 (Expressed in United States Dollars) 3. Summary of Significant Accounting Policies (continued)
Principles of Consolidation	B. Principles of Consolidation The condensed consolidated financial statements include the accounts of the Company and its wholly-owned subsidiary, Regional Center Bright Green, LLC. Intercompany transactions and balances have been eliminated upon consolidation.
Property, Plant, and Equipment	C. Property, Plant, and Equipment Property, plant, and equipment are stated at cost less accumulated depreciation. Expenditures for maintenance and repairs are charged to earnings as incurred; additions, renewals, and betterments are capitalized. When property, plant, and equipment are retired or otherwise disposed of, the related cost and accumulated depreciation are removed from the respective accounts, and any gain or loss is included in operations. Depreciation of property, plant, and equipment, except land, which is not depreciated, is provided using the declining balance method, or straight-line method, with estimated lives as follows: Schedule of Estimated Useful Life Building and improvement - declining balance method 10 Furniture and fixtures - straight-line method 3 Construction in progress is not depreciated until the asset is placed in service.
Long-lived Assets	D. Long-lived Assets The Company applies the provisions of ASC Topic 360, Property, Plant, and Equipment, which addresses financial accounting and reporting for the impairment or disposal of long-lived assets. ASC Topic 360 requires that long-lived assets be reviewed annually for impairment whenever events or changes in circumstances indicate that the assets’ carrying amounts may not be recoverable; it further requires impairment losses to be recorded on long-lived assets used in operations when indicators of impairment are present and the undiscounted cash flows estimated to be generated by those assets are less than the assets’ carrying amounts. In that event, a loss is recognized based on the amount by which the carrying amount exceeds the fair value of the long-lived assets. Loss on long-lived assets to be disposed of is determined in a similar manner, except that fair values are reduced for the cost of disposal.
Intangible Assets	E. Intangible Assets The Company’s intangible assets consist of certain licenses and trademarks (Note 7). The licenses will be amortized over the term of each license. The trademarks are expected to contribute to cash flows indefinitely. The intangible assets with finite useful lives are reviewed for impairment when indicators of impairment are present, and the undiscounted cash flows estimated to be generated by those assets are less than the assets’ carrying amounts. In that event, a loss is recognized based on the amount by which the carrying amount exceeds the fair value of the long-lived assets. BRIGHT GREEN CORPORATION Notes to the Condensed Consolidated Financial Statements (Unaudited) For the Three Months and Nine Months Ended September 30, 2024 and 2023 (Expressed in United States Dollars) 3. Summary of Significant Accounting Policies (continued)
Fair Value of Financial Instruments	F. Fair Value of Financial Instruments In accordance with ASC 820 (Topic 820, Fair Value Measurements and Disclosures), the Company uses a three-level hierarchy for fair value measurements of certain assets and liabilities for financial reporting purposes that distinguishes between market participant assumptions developed from market data obtained from outside sources (observable inputs) and our own assumptions about market participant assumptions developed from the best information available to us in the circumstances (unobservable inputs). The fair value hierarchy is divided into three levels based on the source of inputs 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 asset or liability other than quoted prices, either directly or indirectly including inputs in markets that are not considered to be active; and ● Level 3 – inputs to the valuation methodology are unobservable and significant to the fair value measurement. Categorization within the valuation hierarchy is based upon the lowest level of input that is significant to the fair value measurement. The carrying amounts of the Company’s cash, other assets, accounts payable, accrued liabilities, due to others, related party short-term note payable and related party line of credit note approximated their fair values as of September 30, 2024, and December 31, 2023, due to their short-term nature. The Company’s investment in Alterola Biotech, Inc. (“Alterola”) was also accounted for at fair value and recorded in “other investment held at fair value” in the condensed consolidated balance sheets. In accordance with the levels defined above, Level 1, the fair value of the Company’s Alterola investment was $ nil 726,343 BRIGHT GREEN CORPORATION Notes to the Condensed Consolidated Financial Statements (Unaudited) For the Three Months and Nine Months Ended September 30, 2024 and 2023 (Expressed in United States Dollars) 3. Summary of Significant Accounting Policies (continued)
Other Investment Held at Fair Value	G. Other Investment Held at Fair Value In accordance with ASC 825, the Company records its investment at fair value under the “other investment held at fair value” in the Company’s condensed consolidated balance sheets, and changes in fair value are recognized as “change in fair value of assets, net,” a component of “other expense (expense)” in the condensed consolidated statements of operations and comprehensive loss. The Company’s Alterola investment is accounted for at fair value under ASC 321 and recorded in “other investment held at fair value” on the condensed consolidated balance sheets, and changes in fair value are recognized as “change in fair value of assets, net,” a component of “other income (expense)” in the condensed consolidated statements of operations and comprehensive loss (Note 5).
Advertising Costs	H. Advertising Costs Advertising costs are charged to operations when incurred. Advertising costs totaled $ 39,237 33,596
Income Taxes	I. Income Taxes The Company accounts for income taxes in accordance with ASC Topic 740, Income Taxes. ASC 740 requires a company to use the asset and liability method of accounting for income taxes, whereby deferred tax assets are recognized for deductible temporary differences, and deferred tax liabilities are recognized for taxable temporary differences. Temporary differences are the differences between the reported amounts of assets and liabilities and their tax bases. Deferred tax assets are reduced by a valuation allowance when, in the opinion of management, it is more likely than not that some portion or all of the deferred tax assets will not be realized. Deferred tax assets and liabilities are adjusted for the effects of changes in tax laws and rates on the date of enactment. The Company has not changed its methodology for estimating the valuation allowance. A change in valuation allowance affects earnings in the period the adjustments are made and could be significant due to the large valuation allowance currently established. Under ASC 740, a tax position is recognized as a benefit only if it is “more likely than not” that the tax position would be sustained in a tax examination, with a tax examination being presumed to occur. The amount recognized is the largest amount of tax benefit that is greater than 50% likely to be realized on examination. BRIGHT GREEN CORPORATION Notes to the Condensed Consolidated Financial Statements (Unaudited) For the Three Months and Nine Months Ended September 30, 2024 and 2023 (Expressed in United States Dollars) 3. Summary of Significant Accounting Policies (continued)
Basic and Diluted Earnings (Loss) Per Share	J. Basic and Diluted Earnings (Loss) Per Share Basic earnings (loss) per share is calculated using the weighted average number of common shares outstanding during the period. The dilutive effect on earnings (loss) per share is calculated, presuming the exercise of outstanding stock options, warrants, and similar instruments. It assumes that the proceeds of such exercise would be used to repurchase common shares at the average market price during the period. Due to the net loss incurred, potentially dilutive instruments would be anti-dilutive. Accordingly, diluted loss per share is the same as basic loss per share for all periods presented.
Segment Reporting	K. Segment Reporting ASC 280-10, “Disclosures about Segments of an Enterprise and Related Information”, establishes standards for how public business enterprises report information about operating segments in the Company’s condensed consolidated financial statements. Operating segments are components of an enterprise about which separate financial information is available that is evaluated regularly by the chief operating decision-maker in deciding how to allocate resources and in assessing performance. Significantly all of the assets of the Company are located in the United States of America and the Company is a start-up company as at September 30, 2024 and 2023 and has no
Use of Estimates	L. Use of Estimates The preparation of the condensed consolidated financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the condensed consolidated financial statements and the reported amounts of revenues and expenses during the reporting period. The Company regularly evaluates estimates and assumptions. The Company bases its estimates and assumptions on current facts, historical experience, various other factors that it believes to be reasonable under the circumstances, the results of which form the basis for making judgments about the carrying values of assets and liabilities, and the accrual of costs and expenses that are not readily apparent from other sources. This applies in particular to valuation allowance for deferred tax assets, valuation of warrants, stock options, and stock-based compensation, going concern assessment, and assignment of the useful lives of property, plant, and equipment. The actual results experienced by the Company may differ materially and adversely from the Company’s estimates. To the extent there are material differences between the estimates and the actual results, future results of operations will be affected. BRIGHT GREEN CORPORATION Notes to the Condensed Consolidated Financial Statements (Unaudited) For the Three Months and Nine Months Ended September 30, 2024 and 2023 (Expressed in United States Dollars) 3. Summary of Significant Accounting Policies (continued)
Stock-Based Compensation	M. Stock-Based Compensation The Company accounts for stock-based payments in accordance with the provision of ASC 718, which requires that all stock-based payments issued to acquire goods or services, including grants of employee stock options, be recognized in the condensed consolidated statements of operations and comprehensive loss based on their fair values, net of estimated forfeitures. ASC 718 requires forfeitures to be estimated at the time of grant and revised, if necessary, in subsequent periods if actual forfeitures differ from those estimates. Compensation expense related to stock-based awards is recognized over the requisite service period, which is generally the vesting period. The Company accounts for stock-based compensation awards issued to non-employees for services, as prescribed by ASC 718-10, at either the fair value of the services rendered or the instruments issued in exchange for such services, whichever is more readily determinable, using the guidelines in ASC 505-50. The Company issues compensatory shares for services including, but not limited to, executive management, management, accounting, operations, corporate communication, and financial and administrative consulting services.
Warrants	N. Warrants The Company accounts for warrants as either equity-classified or liability-classified instruments based on an assessment of the warrant’s specific terms and applicable authoritative guidance in FASB, ASC 480 and ASC 815. The assessment considers whether the warrants are freestanding financial instruments pursuant to ASC 480, meet the definition of a liability pursuant to ASC 480, and whether the warrants meet all of the requirements for equity classification under ASC 815, including whether the warrants are indexed to the Company’s own ordinary shares and whether the warrant holders could potentially require “net cash settlement” in a circumstance outside of the Company’s control, among other conditions for equity classification. This assessment, which requires the use of professional judgment, is conducted at the time of warrant issuance and as of each subsequent quarterly period end date while the warrants are outstanding. For issued or modified warrants that meet all of the criteria for equity classification, the warrants are required to be recorded as a component of additional paid-in capital at the time of issuance. For issued or modified warrants that do not meet all the criteria for equity classification, the warrants are required to be recorded at their initial fair value on the date of issuance, and each condensed consolidated balance sheet date thereafter. Changes in the estimated fair value of the warrants are recognized as a non-cash gain or loss on the condensed consolidated statements of operations and comprehensive loss. BRIGHT GREEN CORPORATION Notes to the Condensed Consolidated Financial Statements (Unaudited) For the Three Months and Nine Months Ended September 30, 2024 and 2023 (Expressed in United States Dollars) 3. Summary of Significant Accounting Policies (continued)
Recently Adopted Accounting Standards	O. Recently Adopted Accounting Standards In October 2023, the FASB issued ASU No. 2023-06, Disclosure Improvements: Codification Amendments in Response to the SEC’s Disclosure Update and Simplification Initiative In November 2023, the FASB issued ASU 2023-07, Segment Reporting (Topic 280): Improvements to Reportable Segment Disclosures Topic 280 BRIGHT GREEN CORPORATION Notes to the Condensed Consolidated Financial Statements (Unaudited) For the Three Months and Nine Months Ended September 30, 2024 and 2023 (Expressed in United States Dollars) 3. Summary of Significant Accounting Policies (continued)
Recently Issued but Not Adopted Accounting Standards	P. Recently Issued but Not Adopted Accounting Standards In December 2023, the FASB issued ASU 2023-09, Income Taxes (Topic 740): Improvements to Income Tax Disclosures Management does not believe that other recently issued, but not yet effective, accounting standards could have a material effect on the Company’s condensed consolidated financial statements. As new accounting pronouncements are issued, the Company will adopt those that are applicable under the circumstances.

Summary of Significant Accoun_3

Summary of Significant Accounting Policies (Tables)	9 Months Ended
Summary of Significant Accounting Policies (Tables)	Sep. 30, 2024
Accounting Policies [Abstract]
Schedule of Estimated Useful Life	Schedule of Estimated Useful Life Building and improvement - declining balance method 10 Furniture and fixtures - straight-line method 3

Property, Plant, and Equipment

Property, Plant, and Equipment (Tables)	9 Months Ended
Property, Plant, and Equipment (Tables)	Sep. 30, 2024
Property, Plant and Equipment [Abstract]
Schedule of Property Plant and Equipment	Property, plant, and equipment at September 30, 2024 and December 31, 2023 consisted of the following: Schedule of Property Plant and Equipment September 30, 2024 December 31, 2023 Furniture and fixtures $ 88,690 $ 88,690 Land 260,000 260,000 Construction in progress 10,565,740 10,635,866 Building and improvements 8,883,851 8,883,851 Property, plant and equipment gross 19,798,281 19,868,407 Accumulated depreciation (3,894,578 ) (3,460,992 ) Net property, plant, and equipment $ 15,903,703 $ 16,407,415

Intangible Assets (Tables)

Intangible Assets (Tables)	9 Months Ended
Intangible Assets (Tables)	Sep. 30, 2024
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of Intangible Assets	Intangible assets at September 30, 2024 and December 31, 2023 consisted of the following: Schedule of Intangible Assets September 30, 2024 December 31, 2023 Licenses $ 1,000 $ 1,000 Trademarks 8,010 - Intangible assets gross 9,010 1,000 Accumulated amortization - - Net intangible assets $ 9,010 $ 1,000

Stock-Based Compensation (Table

Stock-Based Compensation (Tables)	9 Months Ended
Stock-Based Compensation (Tables)	Sep. 30, 2024
Retirement Benefits [Abstract]
Schedule of Stock Option	The fair value of the stock options was estimated using the following assumptions: Schedule of Stock Option 2024 2023 Weighted average fair value at grant date $ 0.2013 $ 0.3303 Valuation assumptions: Expected life of options (years) 5.00 5.00 Expected stock volatility 186.90 % 213.90 % Risk-free interest rate 4.54 % 4.42 % Expected dividend yield 0.00 % 0.00 %
Schedule of Summarizes Stock Option Activity	The following table summarizes stock option activity for the nine months ended September 30, 2024: Schedule of Summarizes Stock Option Activity Stock Options Outstanding & Exercisable Weighted Average Number of Weighted Average Remaining Life Stock Options Exercise Price (Years) Outstanding as at December 31, 2023 2,425,000 $ 0.3353 9.90 Granted 488,403 0.3276 9.90 Exercised - - Expired/Canceled (625,000 ) 0.3353 Outstanding as at September 30, 2024 2,288,403 $ 0.3337 9.50 Exercisable as at September 30, 2024 2,166,302 $ 0.3340 9.60
Schedule of Restricted Stock Unit	The following table summarizes restricted stock unit activity for the nine months ended September 30, 2024: Schedule of Restricted Stock Unit Nonvested RSUs Weighted Average Number of Fair Value RSUs (Grant Date) Balance, December 31, 2023 625,000 $ 0.3848 Granted 6,338,209 0.2397 Vested (1,756,198 ) 0.1310 Forfeited/Canceled (625,000 ) 0.3848 Balance, September 30, 2024 4,582,011 $ 0.2814

Description of Business and O_2

Description of Business and Organization (Details Narrative) - USD ($)			9 Months Ended
	May 21, 2023	Feb. 01, 2023	Sep. 30, 2024	Sep. 30, 2023	Mar. 29, 2024	Dec. 31, 2023	Sep. 21, 2022
Entity Incorporation, Date of Incorporation			Apr. 16, 2019
Shares authorize			500,000,000			500,000,000
Common stock, par value			$ 0.0001			$ 0.0001
Revenue			$ 0
Common Stock [Member]
Aggregate shares of common stock issued				22,005
Warrants to purchase shares				3,684,210
Common Stock [Member] \| Accredited Investor and Existing Stockholder [Member]
Number of shares sold	3,684,210
Common stock, par value	$ 0.0001
Private Placement [Member]
Price per share		$ 39.99			$ 2
Shares authorize					20,000,000
Warrants to purchase shares							9,523,810
Exercise price							$ 1.05
Private Placement [Member] \| Accredited Investor and Existing Stockholder [Member]
Warrants to purchase shares	3,684,210
Exercise price	$ 0.95
Private Placement [Member] \| Common Stock [Member]
Investors offering			$ 800,000
Exchange shares of common stock			200,000
Private Placement [Member] \| Maximum [Member]
Aggregate shares of common stock issued		12,609,152

Going Concern and Basis of Pr_2

Going Concern and Basis of Presentation (Details Narrative) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023	Dec. 31, 2023
Defined Benefit Plan Disclosure [Line Items]
Revenue
Net loss	1,104,091	$ 1,991,242	3,497,308	7,596,678
Net cash used in operations			971,078	$ 2,473,439
Accumulated deficit	50,700,777		50,700,777		$ 47,203,469
Working capital	6,990,799		6,990,799		$ 5,968,030
Proceeds from EB-5 Program			800,000
Related party line of credit			640,315
Related party line of credit paid down	15,000,000		15,000,000
Credit facility	14,360,000		14,360,000
Related Party [Member]
Defined Benefit Plan Disclosure [Line Items]
Related party line of credit paid down	150,000		150,000
Related party short term note payable	$ 150,000		$ 150,000

Schedule of Estimated Useful Li

Schedule of Estimated Useful Life (Details)	Sep. 30, 2024
Building and Building Improvements [Member]
Property, Plant and Equipment [Line Items]
Estimated useful life	10 years
Furniture and Fixtures [Member]
Property, Plant and Equipment [Line Items]
Estimated useful life	3 years

Summary of Significant Accoun_4

Summary of Significant Accounting Policies (Details Narrative) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023	Dec. 31, 2023
Accounting Policies [Abstract]
Investments					$ 726,343
Advertising cost			$ 39,237	$ 33,596
Income tax examination, description			The amount recognized is the largest amount of tax benefit that is greater than 50% likely to be realized on examination.
Revenue

Concentration of Credit Risk (D

Concentration of Credit Risk (Details Narrative) - USD ($)	Sep. 30, 2024	Dec. 31, 2023
Risks and Uncertainties [Abstract]
Cash FDIC insured amount	$ 250,000
Excess of FDIC insured limit

Other Investment Held at Fair_2

Other Investment Held at Fair Value (Details Narrative) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023	Dec. 31, 2023
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Investments					$ 726,343
Change in fair value of assets and liabilities net			80,705
Gain on extinguishment of debt	8,684		1,017,273
Other investment held at fair value					$ 726,343
Settlement And Release Agreement [Member]
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]
Investments	645,638		645,638
Number of value forfeited			$ 1,100,000
Number of shares forfeited			118,535,168
Payment of outstanding	$ 568,000		$ 568,000
Payment of lieu Outstanding shares of common stock			83,226,814
Number of shares purchase assets			$ 1,650,000
Equipped purchase shares of common stock			27,742,271
Gain on extinguishment of debt			$ 1,008,589

Schedule of Property Plant and

Schedule of Property Plant and Equipment (Details) - USD ($)	Sep. 30, 2024	Dec. 31, 2023
Property, Plant and Equipment [Abstract]
Furniture and fixtures	$ 88,690	$ 88,690
Land	260,000	260,000
Construction in progress	10,565,740	10,635,866
Building and improvements	8,883,851	8,883,851
Property, plant and equipment gross	19,798,281	19,868,407
Accumulated depreciation	(3,894,578)	(3,460,992)
Net property, plant, and equipment	$ 15,903,703	$ 16,407,415

Property, Plant, and Equipmen_2

Property, Plant, and Equipment (Details Narrative)				6 Months Ended	9 Months Ended	12 Months Ended
Property, Plant, and Equipment (Details Narrative)	Jan. 01, 2022 USD ($) a	Oct. 21, 2020	Oct. 05, 2020	Dec. 31, 2021 USD ($)	Jun. 30, 2021 USD ($)	Dec. 31, 2021 USD ($)	Sep. 30, 2024 USD ($) a	Dec. 31, 2023 USD ($)
Grant Greenhouse GrowersInc [Member] \| Real Estate Option Agreement One [Member]
Property, Plant and Equipment [Line Items]
Area of land for purchase \| a	330
Expiration date			Dec. 31, 2021
Monthly payments	$ 2,000				$ 1,500
Monthly payments for land				$ 1,750
Lease payment made per acre	$ 5,000
Grant Greenhouse GrowersInc [Member] \| Real Estate Option Agreement Two [Member]
Property, Plant and Equipment [Line Items]
Area of land for purchase \| a	175
Expiration date		Dec. 31, 2021
Monthly payments	$ 1,500
Monthly payments for land						$ 1,000
Lease payment made per acre	$ 5,000
New Mexico [Member]
Property, Plant and Equipment [Line Items]
Area of land for purchase \| a							70
Venlo Style Green House [Member] \| New Mexico [Member]
Property, Plant and Equipment [Line Items]
Area of land for purchase \| a							22
Construction in Progress [Member]
Property, Plant and Equipment [Line Items]
Interest costs capitalized							$ 39,179	$ 223,271

Schedule of Intangible Assets (

Schedule of Intangible Assets (Details) - USD ($)	Sep. 30, 2024	Dec. 31, 2023
Finite-Lived Intangible Assets [Line Items]
Intangible assets gross	$ 9,010	$ 1,000
Accumulated amortization
Net intangible assets	9,010	1,000
Licenses [Member]
Finite-Lived Intangible Assets [Line Items]
Intangible assets gross	1,000	1,000
Trademarks [Member]
Finite-Lived Intangible Assets [Line Items]
Intangible assets gross	$ 8,010

Related Party Line of Credit _2

Related Party Line of Credit Note (Details Narrative) - USD ($)	9 Months Ended	12 Months Ended
	Sep. 30, 2024	Dec. 31, 2023	Nov. 19, 2024	Sep. 16, 2024	Sep. 15, 2024	Aug. 19, 2024	Sep. 30, 2023	Nov. 14, 2022	Jun. 05, 2022
Preferred stock, par value	$ 0.0001	$ 0.0001
Common stock par value per share	$ 0.0001	$ 0.0001
Forecast [Member]
Principal amount			$ 2,500,000
Common Stock [Member]
Number of securities called by warrants or rights							3,684,210
Ms Stockwell [Member] \| Common Stock [Member]
Common stock par value per share				$ 0.0001
August 2024 Amendment [Member] \| Lynn Stockwell [Member]
Principal amount	$ 3,500,000					$ 3,500,000
Sale of stock price						$ 1.15
Exercise price of warrants or rights						$ 0.13
Conversion of outstanding principal						$ 3,619,789
Number of securities called by warrants or rights						2,827,960
Share price						$ 3
August 2024 Amendment [Member] \| Ms Stockwell [Member] \| Common Stock [Member]
Exercise price of warrants or rights						$ 3
Secured Amended and Restated Line of Credit Note [Member] \| Lynn Stockwell [Member]
Principal amount				$ 2,500,000	$ 3,500,000
Conversion of outstanding principal				$ 4,000,000
Secured Amended and Restated Line of Credit Note [Member] \| Lynn Stockwell [Member] \| Series A Preferred Stock [Member]
Preferred stock, par value				$ 0.0001
Conversion price				$ 0.40
Conversion of preferred stock				14
Unsecured Line of Credit [Member] \| LDS Capital LLC [Member]
Increase in the line of credit capacity amount									$ 3,000,000
Additional borrowing capacity									$ 2,000,000
Interest rate stated percentage									2%
Lender committed funds	6,547,603	$ 5,983,250
Repayments of other debt	6,260,855	6,110,855
Accrued interest	25,963	1,783
Interest costs capitalized	24,179	$ 223,271
Unsecured Line of Credit [Member] \| LDS Capital LLC [Member] \| Construction in Progress [Member]
Accrued interest	$ 327,605
Unsecured Line of Credit [Member] \| LDS Capital LLC [Member] \| Prime Rate [Member]
Interest rate stated percentage									2%
Unsecured Line of Credit [Member] \| LDS Capital LLC [Member] \| Maximum [Member]
Line of credit facility, maximum borrowing amount									$ 5,000,000
Amended Unsecured Line of Credit [Member]
Increase in the line of credit capacity amount								$ 10,000,000

Stockholders_ Equity (Details N

Stockholders’ Equity (Details Narrative)									1 Months Ended	3 Months Ended	9 Months Ended
Stockholders’ Equity (Details Narrative)	Jul. 15, 2024 shares	Sep. 01, 2023 USD ($)	Jun. 05, 2023 USD ($)	May 24, 2023 USD ($)	May 24, 2023 USD ($)	Sep. 21, 2022 USD ($) $ / shares shares	Sep. 12, 2022 USD ($)	Sep. 07, 2022 USD ($) $ / shares shares	Jul. 31, 2024 shares	Sep. 30, 2023 USD ($) $ / shares shares	Sep. 30, 2024 USD ($) $ / shares shares	Sep. 30, 2023 USD ($) $ / shares shares	Mar. 29, 2024 $ / shares shares	Dec. 31, 2023 USD ($) $ / shares shares	May 31, 2023 $ / shares shares	May 21, 2023 $ / shares	Feb. 01, 2023 $ / shares
Accumulated Other Comprehensive Income (Loss) [Line Items]
Common stock, shares authorized											500,000,000			500,000,000
Common stock, par value \| $ / shares											$ 0.0001			$ 0.0001
Preferred stock, shares authorized											10,000,000			10,000,000
Preferred stock par value \| $ / shares											$ 0.0001			$ 0.0001
Common stock, shares issued											191,166,318			184,758,818
Common stock, shares outstanding											191,166,318			184,758,818
Related party line of credit paid \| $												$ 880,000
Investments exchanged for payment of credit \| $												880,000
Line of credit note paid \| $														$ 726,343
Common stock payable current \| $											800,000
Proceeds from common stock payable \| $											800,000
Gross proceeds from private placement \| $												$ 3,104,750
Warrants redeemed, shares											200,000
Warrants redeemed, value \| $											$ 210,000
Placement agent fees \| $			$ 316,850			$ 800,000
Legal fees \| $			$ 78,400			55,617
Escrow deposit \| $						7,650
Warrants fair value \| $						6,901,000		$ 7,399,000
Decrease in fair value of warrants \| $						$ 498,000
Securities Purchase Agreement [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Exercise price \| $ / shares																$ 0.95
Purchase price \| $ / shares																$ 0.95
Warrants and rights outstanding term																5 years
Private Placement [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Common stock, shares authorized													20,000,000
Issued price per share \| $ / shares													$ 2				$ 39.99
Exercise price \| $ / shares						$ 1.05
Shares of warrants to purchase						9,523,810
Gross proceeds from private placement \| $				$ 3,500,000			$ 10,000,000
Warrants exercise price decrease \| $ / shares						$ 0.95
Private Placement [Member] \| Securities Purchase Agreement [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Issuance of shares								9,523,810
Exercise price \| $ / shares								$ 1.05
Shares of warrants to purchase								9,523,810
Purchase price \| $ / shares								$ 1.05
Warrants and rights outstanding term								5 years
One Accredited Investor [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Common stock issued for service, shares												200,000
Number of warrants exercised												200,000
Exercise price \| $ / shares										$ 1.05		$ 1.05
Chief Executive Officer [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Common stock issued for service, shares												500,000
Issued price per share \| $ / shares										$ 0.4015		$ 0.4015
Board Member [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Line of credit note paid \| $												$ 3,619,789
Line of credit note paid \| $										$ 3,619,789		$ 3,619,789
Former Executive Chairman [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Common stock issued for service, shares												875,000
Issued price per share \| $ / shares										$ 1.01		$ 1.01
Consultant [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Common stock issued for service, shares												60,000
Issued price per share \| $ / shares										0.4015		$ 0.4015
Former Executive Chairman [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Common stock issued for service, shares												875,000
Issued price per share \| $ / shares										$ 0.3959		$ 0.3959
Common Stock [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Common stock issued for service, shares										1,572,838	2,987,500	3,822,838
Issuance of shares												22,005
Shares of warrants to purchase										3,684,210		3,684,210
Common Stock [Member] \| Four Consultants [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Common stock issued for service, shares											450,000
Issued price per share \| $ / shares											$ 0.2116
Common Stock [Member] \| Former Executive Chairman One [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Common stock issued for service, shares											2,537,500
Issued price per share \| $ / shares											$ 0.1760
Common Stock [Member] \| Former Executive Chairman Two [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Issued price per share \| $ / shares											$ 0.1760
Issuance of shares											2,420,000
Common Stock [Member] \| Chief Executive Officer [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Issuance of shares	1,000,000										1,000,000
Redemption of vested RSUs									1,000,000
Common Stock [Member] \| Board Member [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Issued price per share \| $ / shares										$ 39.99		$ 39.99
Issuance of shares												22,005
Common Stock [Member] \| One Accredited Investor [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Issued price per share \| $ / shares										39.99		$ 39.99
Issuance of shares												22,005
Common Stock [Member] \| Former Executive Chairman [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Common stock issued for service, shares											4,957,500	875,000
Issued price per share \| $ / shares										0.9416		$ 0.9416
Common Stock [Member] \| Former Chief Executive Officer [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Common stock issued for service, shares												500,000
Issued price per share \| $ / shares										1.13		$ 1.13
Common Stock [Member] \| Consultant [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Common stock issued for service, shares												137,838
Issued price per share \| $ / shares										0.74		$ 0.74
Warrant [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Issued price per share \| $ / shares										0.95		$ 0.95
Issuance of shares												3,684,210
Exercise price \| $ / shares										$ 3		$ 3
Shares of warrants to purchase										2,827,960		2,827,960
Share price \| $ / shares										$ 0.46		$ 0.46
Warrants estimate value \| $		$ 149,180
Warrant [Member] \| Measurement Input, Expected Term [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Warrants and rights outstanding term										1 year		1 year
Warrant [Member] \| Measurement Input, Option Volatility [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Dividend rate										149		149
Warrant [Member] \| Measurement Input, Risk Free Interest Rate [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Dividend rate										5.36		5.36
Warrant [Member] \| Measurement Input, Expected Dividend Rate [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Dividend rate										0		0
Warrant [Member] \| Private Placement [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Exercise price \| $ / shares															$ 0.95
Shares of warrants to purchase															3,684,210
Share price \| $ / shares															$ 0.78
Warrants estimate value \| $					$ 1,600,000
Warrant [Member] \| Private Placement [Member] \| Measurement Input, Expected Term [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Warrants and rights outstanding term															5 years
Warrant [Member] \| Private Placement [Member] \| Measurement Input, Option Volatility [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Dividend rate															165
Warrant [Member] \| Private Placement [Member] \| Measurement Input, Risk Free Interest Rate [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Dividend rate															3.08
Warrant [Member] \| Private Placement [Member] \| Measurement Input, Expected Dividend Rate [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Dividend rate															0
Warrant [Member] \| Board Member [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Issued price per share \| $ / shares										$ 1.28		$ 1.28
Issuance of shares												2,827,960
Exercise price \| $ / shares										$ 3		$ 3
Shares of warrants to purchase										2,827,960		2,827,960
Common stock to be issued [Member] \| One Accredited Investor [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Shares to be issues											400,000
Purchase price per share \| $ / shares											$ 2
Proceeds from common stock payable \| $											$ 880,000
Administrative fee income \| $											$ 80,000

Schedule of Stock Option (Detai

Schedule of Stock Option (Details) - $ / shares	9 Months Ended		12 Months Ended
Schedule of Stock Option (Details) - $ / shares	Sep. 30, 2024	Sep. 30, 2023	Dec. 31, 2023
Retirement Benefits [Abstract]
Weighted average fair value at grant date	$ 0.2013		$ 0.3303
Expected life of options (years)	5 years	5 years
Expected stock volatility	186.90%		213.90%
Risk-free interest rate	4.54%		4.42%
Expected dividend yield	0%		0%

Schedule of Summarizes Stock Op

Schedule of Summarizes Stock Option Activity (Details) - $ / shares		9 Months Ended	12 Months Ended
	May 23, 2024	Sep. 30, 2024	Dec. 31, 2023
Retirement Benefits [Abstract]
Number of Stock Options Outstanding, Balance		2,425,000
Weighted Average Exercise Price, Balance		$ 0.3353
Weighted Average Remaining Life (Years)		9 years 6 months	9 years 10 months 24 days
Number of Stock Options, Granted	488,403	488,403
Weighted Average Exercise Price, Granted		$ 0.3276
Weighted Average Remaining Life (Years)			9 years 10 months 24 days
Number of Stock Options, Exercised
Weighted Average Exercise Price, Exercised
Number of Stock Options, Expired/Canceled		(625,000)
Weighted Average Exercise Price, Expired/Canceled		$ 0.3353
Number of shares, outstanding ending balance		2,288,403	2,425,000
Weighted Average Exercise Price, Balance		$ 0.3337	$ 0.3353
Number of Stock Options, Exercisable		2,166,302
Weighted Average Exercise Price, Exercisable		$ 0.3340
Weighted Average Remaining Life (Years)		9 years 7 months 6 days

Schedule of Restricted Stock Un

Schedule of Restricted Stock Unit (Details) - Restricted Stock Units (RSUs) [Member]	9 Months Ended
	Sep. 30, 2024 $ / shares shares
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Number of Nonvested RSUs begining balance \| shares	625,000
Weighted Average Fair Value Grant Date beginning balance \| $ / shares	$ 0.3848
Number of Nonvested RSUs Granted \| shares	6,338,209
Weighted Average Fair Value Grant Date Granted \| $ / shares	$ 0.2397
Number of Nonvested RSUs Vested \| shares	(1,756,198)
Weighted Average Fair Value Grant Date Vested \| $ / shares	$ 0.1310
Number of Nonvested RSUs Forfeited \| shares	(625,000)
Weighted Average Fair Value Grant Date Forfeited \| $ / shares	$ 0.3848
Number of Nonvested RSUs ending balance \| shares	4,582,011
Weighted Average Fair Value Grant Date ending balance \| $ / shares	$ 0.2814

Stock-Based Compensation (Detai

Stock-Based Compensation (Details Narrative) - USD ($)					1 Months Ended	9 Months Ended
Stock-Based Compensation (Details Narrative) - USD ($)	Jul. 15, 2024	May 23, 2024	Mar. 31, 2024	Mar. 07, 2024	Jul. 31, 2024	Sep. 30, 2024	Sep. 30, 2023	Dec. 31, 2023
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Stock options issued shares
Restricted shares unit						625,000
Share based compensation costs						$ 1,028,357	$ 2,945,903
Issuance of shares		488,403				488,403
Chief Executive Officer [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Restricted stock unit			625,000	600,000
Chief Executive Officer [Member] \| Mutual Agreement [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Restricted stock unit			5,500,000
Restricted stock shares vest ratably			500,000
Remaining restricted stock vested			2,000,000
Chief Executive Officer [Member] \| Mutual Agreement [Member] \| Twenty-Four Months Beginning April 2, 2024 [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Restricted stock shares vest ratably			3,000,000
Director [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Restricted stock unit		238,209
Common Stock [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Common stock issued for cash for EB-5 program (Note 9), shares							22,005
Common Stock [Member] \| Chief Executive Officer [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Common stock issued for cash for EB-5 program (Note 9), shares	1,000,000					1,000,000
Stock options issued shares							625,000
Issuance of shares			625,000
Restricted stock unit							625,000
Stock redeemed					1,000,000
Equity Option [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Share based compensation costs						$ 73,749
Restricted Stock Units (RSUs) [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Restricted shares unit						4,582,011		625,000
Share based compensation costs						$ 412,688
Restricted stock shares vest ratably						1,756,198
Restricted Stock Units (RSUs) [Member] \| Chief Executive Officer [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Issuance of shares			625,000			5,500,000
Stock redeemed	1,000,000
Restricted Stock Units (RSUs) [Member] \| Director [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Issuance of shares						238,209
Equity Compensation Plan [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Common stock issued for cash for EB-5 program (Note 9), shares						8,626,612	625,000
Stock options issued shares						2,288,403
Share based compensation costs						$ 1,028,357	$ 2,945,903
Equity Compensation Plan [Member] \| Restricted Stock [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Restricted shares unit						6,338,209	625,000
Restricted shares unit						625,000

Related Party Transactions (Det

Related Party Transactions (Details Narrative) - USD ($)			3 Months Ended	9 Months Ended
Related Party Transactions (Details Narrative) - USD ($)	May 23, 2024	Mar. 31, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023	Dec. 31, 2023
Related Party Transaction [Line Items]
Issuance of shares	488,403			488,403
Interest expense				$ 15,000
Two Directors, Chairwomen and Majority Shareholder [Member]
Related Party Transaction [Line Items]
Issuance of shares				488,403
Former Chief Executive Officer [Member] \| Accounts Payable [Member]
Related Party Transaction [Line Items]
Due to related party				$ 23,682		$ 23,460
Chief Financial Officer [Member] \| Accounts Payable [Member]
Related Party Transaction [Line Items]
Due to related party				196,082		68,037
Chief Executive Officer [Member] \| Accounts Payable [Member]
Related Party Transaction [Line Items]
Due to related party				299,864		66,667
Board of Directors [Member] \| Accounts Payable [Member]
Related Party Transaction [Line Items]
Due to related party				400,000		400,000
Related Party [Member]
Related Party Transaction [Line Items]
Short term note payable				165,000
Long-term line of credit				$ 640,315
Former Executive Chairman [Member]
Related Party Transaction [Line Items]
Issuance of shares					875,000
Chief Executive Officer [Member]
Related Party Transaction [Line Items]
Issuance of shares					500,000
Chief Executive Officer [Member] \| Restricted Stock Units (RSUs) [Member]
Related Party Transaction [Line Items]
Issuance of shares		625,000		5,500,000
Chief Financial Officer [Member] \| Restricted Stock Units (RSUs) [Member]
Related Party Transaction [Line Items]
Issuance of shares				600,000
Director [Member] \| Restricted Stock Units (RSUs) [Member]
Related Party Transaction [Line Items]
Issuance of shares				238,209
Common Stock [Member]
Related Party Transaction [Line Items]
Issuance of shares			1,572,838	2,987,500	3,822,838
Common Stock [Member] \| Former Executive Chairman [Member]
Related Party Transaction [Line Items]
Issuance of shares				4,957,500	875,000
Common Stock [Member] \| Chief Executive Officer [Member]
Related Party Transaction [Line Items]
Issuance of shares		625,000

Contingencies (Details Narrativ

Contingencies (Details Narrative)	9 Months Ended
Contingencies (Details Narrative)	Sep. 30, 2024
Contingency, taken by defendant description	(i) shares of common stock in the Company (amounting to no more than 108,000 shares) or (ii) fair market value of defendant’s equity ownership of Bright Green Grow Innovations, LLC, a predecessor company of Bright Green Corporation.
Chief Executive Officer [Member]
Contingency, taken by defendant description	Bright Green Group of Companies, an entity unrelated to the Company, to determine if defendant is entitled to 5,000,000 shares of the Company’s common stock, based on a failure to fulfill agreed upon conditions precedent to earning such shares from the Company.