2023 Q3 Form 10-Q Financial Statement

#000107997323001178 Filed on August 18, 2023

View on sec.gov

Income Statement

Concept 2023 Q3 2023 Q2 2022 Q2
Revenue $13.90K $0.00
YoY Change -76.07%
Cost Of Revenue $3.709K $0.00
YoY Change -74.96%
Gross Profit $10.19K $0.00
YoY Change -76.45%
Gross Profit Margin 73.31%
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $12.65K $12.65K $10.91K
YoY Change -0.21% 15.89%
% of Gross Profit 124.13%
Operating Expenses $748.0K $878.4K $144.4K
YoY Change 537.11% 508.44%
Operating Profit -$737.9K -$878.4K -$144.4K
YoY Change 898.61% 508.44%
Interest Expense $146.9K $47.95K $12.18K
YoY Change -9.5% 293.61%
% of Operating Profit
Other Income/Expense, Net -$108.2K -$69.58K -$9.647K
YoY Change -33.35% 621.23%
Pretax Income
YoY Change
Income Tax
% Of Pretax Income
Net Earnings -$846.0K -$947.9K -$154.0K
YoY Change 258.22% 515.39%
Net Earnings / Revenue -6087.85%
Basic Earnings Per Share -$0.01 -$0.01 $0.00
Diluted Earnings Per Share -$0.01 -$0.01 $0.00
COMMON SHARES
Basic Shares Outstanding 118.2M shares 116.3M shares 107.4M shares
Diluted Shares Outstanding 120.5M shares 116.5M shares 107.4M shares

Balance Sheet

Concept 2023 Q3 2023 Q2 2022 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $539.2K $148.1K $136.0K
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $765.9K $328.1K
YoY Change
LONG-TERM ASSETS
Property, Plant & Equipment $3.331M $3.167M
YoY Change
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets
YoY Change
Total Long-Term Assets $4.120M $3.963M
YoY Change
TOTAL ASSETS
Total Short-Term Assets $765.9K $328.1K
Total Long-Term Assets $4.120M $3.963M
Total Assets $4.886M $4.291M
YoY Change
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $122.2K $86.20K
YoY Change
Accrued Expenses $47.11K $19.39K
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $2.500M $2.059M
YoY Change
Long-Term Debt Due $366.0K $489.7K
YoY Change
Total Short-Term Liabilities $617.3K $600.0K
YoY Change
LONG-TERM LIABILITIES
Long-Term Debt
YoY Change
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities
YoY Change
TOTAL LIABILITIES
Total Short-Term Liabilities $617.3K $600.0K
Total Long-Term Liabilities
Total Liabilities $2.786M $2.272M
YoY Change
SHAREHOLDERS EQUITY
Retained Earnings -$4.731M -$3.885M
YoY Change
Common Stock $121.3K $118.2K
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost) $66.40K $66.40K
YoY Change
Treasury Stock Shares
Shareholders Equity $2.100M $2.020M $1.432M
YoY Change
Total Liabilities & Shareholders Equity $4.886M $4.291M
YoY Change

Cashflow Statement

Concept 2023 Q3 2023 Q2 2022 Q2
OPERATING ACTIVITIES
Net Income -$846.0K -$947.9K -$154.0K
YoY Change 258.22% 515.39%
Depreciation, Depletion And Amortization $12.65K $12.65K $10.91K
YoY Change -0.21% 15.89%
Cash From Operating Activities
YoY Change
INVESTING ACTIVITIES
Capital Expenditures
YoY Change
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities
YoY Change
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities
YoY Change
NET CHANGE
Cash From Operating Activities
Cash From Investing Activities
Cash From Financing Activities
Net Change In Cash
YoY Change
FREE CASH FLOW
Cash From Operating Activities
Capital Expenditures
Free Cash Flow
YoY Change

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1779378 usd
CY2022Q1 us-gaap Stockholders Equity
StockholdersEquity
1473470 usd
CY2022Q2 CETI Options Granted For Services
OptionsGrantedForServices
4843 usd
CY2022Q2 us-gaap Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
11550 usd
CY2022Q2 CETI Shares Issued In Connection With Convertible Notes Payable
SharesIssuedInConnectionWithConvertibleNotesPayable
95699 usd
CY2022Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-154040 usd
CY2022Q2 us-gaap Stockholders Equity
StockholdersEquity
1431522 usd
CY2022Q4 us-gaap Stockholders Equity
StockholdersEquity
1860863 usd
CY2023Q1 CETI Options Granted For Services
OptionsGrantedForServices
5514 usd
CY2023Q1 us-gaap Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
256384 usd
CY2023Q1 us-gaap Stock Issued During Period Value Conversion Of Convertible Securities
StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
60000 usd
CY2023Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-504083 usd
CY2023Q1 us-gaap Stockholders Equity
StockholdersEquity
1678678 usd
CY2023Q2 CETI Options Granted For Services
OptionsGrantedForServices
5575 usd
CY2023Q2 us-gaap Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
619679 usd
CY2023Q2 CETI Shares Issued In Connection With Convertible Notes Payable
SharesIssuedInConnectionWithConvertibleNotesPayable
663636 usd
CY2023Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-947942 usd
CY2023Q2 us-gaap Stockholders Equity
StockholdersEquity
2019626 usd
us-gaap Profit Loss
ProfitLoss
-1452025 usd
us-gaap Profit Loss
ProfitLoss
1648738 usd
CETI Changes In Fair Value Of Derivatives
ChangesInFairValueOfDerivatives
102466 usd
CETI Changes In Fair Value Of Derivatives
ChangesInFairValueOfDerivatives
-2638153 usd
us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
-3100 usd
us-gaap Gain Loss On Sale Of Derivatives
GainLossOnSaleOfDerivatives
-149010 usd
CETI Options Issued For Services
OptionsIssuedForServices
11089 usd
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
627591 usd
CETI Changes In Fair Value Of Contingent Liability
ChangesInFairValueOfContingentLiability
-1050 usd
CETI Changes In Fair Value Of Contingent Liability
ChangesInFairValueOfContingentLiability
3031 usd
us-gaap Share Based Compensation
ShareBasedCompensation
876063 usd
us-gaap Share Based Compensation
ShareBasedCompensation
6794 usd
us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
38515 usd
us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
1198099 usd
us-gaap Depreciation And Amortization
DepreciationAndAmortization
38394 usd
us-gaap Depreciation And Amortization
DepreciationAndAmortization
18228 usd
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
84528 usd
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
32796 usd
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-63633 usd
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
95719 usd
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
28536 usd
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
26394 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-503073 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-152527 usd
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
13600 usd
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
780729 usd
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
905276 usd
CETI Acquisition Of Licenses From Kam Biotechnology Ltd
AcquisitionOfLicensesFromKamBiotechnologyLtd
659339 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-1426468 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-905276 usd
us-gaap Repayments Of Convertible Debt
RepaymentsOfConvertibleDebt
311000 usd
us-gaap Proceeds From Convertible Debt
ProceedsFromConvertibleDebt
2056250 usd
us-gaap Proceeds From Convertible Debt
ProceedsFromConvertibleDebt
775000 usd
us-gaap Proceeds From Notes Payable
ProceedsFromNotesPayable
100000 usd
CETI Repayment Of Notes Payable Related Party
RepaymentOfNotesPayableRelatedParty
65000 usd
us-gaap Proceeds From Issuance Or Sale Of Equity
ProceedsFromIssuanceOrSaleOfEquity
100000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
1780250 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
875000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
-149291 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
-182803 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
297349 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
318779 usd
CY2023Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
148058 usd
CY2022Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
135976 usd
CETI Stock Issued For Conversion Of Advance On Joint Venture
StockIssuedForConversionOfAdvanceOnJointVenture
233983 usd
CETI Note Payable Conversion
NotePayableConversion
20000 usd
CETI Convertible Note Payable Converted
ConvertibleNotePayableConverted
6636 usd
CETI Stock Issued For Conversion Of Convertible Notes Payable And Accrued Interest
StockIssuedForConversionOfConvertibleNotesPayableAndAccruedInterest
2011065 usd
CY2023Q2 CETI Contingent Liability
ContingentLiability
4650 usd
CY2022Q4 CETI Contingent Liability
ContingentLiability
5700 usd
us-gaap Use Of Estimates
UseOfEstimates
<p id="xdx_84F_eus-gaap--UseOfEstimates_zKa2Mecmebsf" style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><i><span style="text-decoration: underline"><span id="xdx_863_zOXYVwoDnoK1">Use of estimates</span></span></i></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The preparation of 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 financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.</p> <p style="font: 9.5pt Times New Roman, Times, Serif; margin: 0.55pt 0 0"> </p>
CY2023Q2 us-gaap Long Term Debt Current
LongTermDebtCurrent
489734 usd
CY2023Q2 us-gaap Cash
Cash
0 usd
CY2022Q4 us-gaap Cash
Cash
0 usd
CY2023Q2 CETI Texas Railroad Commission Bond
TexasRailroadCommissionBond
50000 usd
CY2022Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
277613 usd
CY2023Q2 us-gaap Long Term Debt
LongTermDebt
1569161 usd
CY2022Q4 us-gaap Long Term Debt
LongTermDebt
570355 usd
CY2023Q2 us-gaap Acquired Finite Lived Intangible Asset Residual Value
AcquiredFiniteLivedIntangibleAssetResidualValue
12642 usd
CY2023Q2 us-gaap Acquired Finite Lived Intangible Asset Residual Value
AcquiredFiniteLivedIntangibleAssetResidualValue
745859 usd
CY2023Q2 us-gaap Other Notes Payable
OtherNotesPayable
663111 usd
CY2023Q2 us-gaap Production Costs Cumulative
ProductionCostsCumulative
2187926 usd
CY2022Q4 us-gaap Production Costs Cumulative
ProductionCostsCumulative
1604983 usd
us-gaap Impairment Of Oil And Gas Properties
ImpairmentOfOilAndGasProperties
0 usd
us-gaap Impairment Of Oil And Gas Properties
ImpairmentOfOilAndGasProperties
0 usd
us-gaap Gain Loss On Sale Of Unproved Property
GainLossOnSaleOfUnprovedProperty
0 usd
us-gaap Gain Loss On Sale Of Unproved Property
GainLossOnSaleOfUnprovedProperty
0 usd
CY2023Q2 us-gaap Development Costs Cumulative
DevelopmentCostsCumulative
0 usd
CY2022Q4 us-gaap Development Costs Cumulative
DevelopmentCostsCumulative
0 usd
us-gaap Cost Depreciation Amortization And Depletion
CostDepreciationAmortizationAndDepletion
0 usd
us-gaap Cost Depreciation Amortization And Depletion
CostDepreciationAmortizationAndDepletion
0 usd
CETI Impairment Proved Properties
ImpairmentProvedProperties
0 usd
CETI Impairment Proved Properties
ImpairmentProvedProperties
0 usd
CY2023Q2 CETI Unearned Stocks Compensation
UnearnedStocksCompensation
685711 usd
CY2022Q4 CETI Unearned Stocks Compensation
UnearnedStocksCompensation
124274 usd
CY2023Q2 us-gaap Derivative Liabilities Current
DerivativeLiabilitiesCurrent
102466 usd
CY2023Q2 us-gaap Derivative Liabilities
DerivativeLiabilities
102466 usd
us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<p id="xdx_84E_eus-gaap--ConcentrationRiskCreditRisk_zDerNqJHI2N8" style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><i><span style="text-decoration: underline"><span id="xdx_861_zpBuw7R2Qj84">Concentration of credit risks</span></span></i></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The Company maintains accounts with financial institutions. All cash in checking accounts is non-interest bearing and is fully secured by the Federal Deposit Insurance Corporation (FDIC). At times, cash balances may exceed the maximum coverage provided by the FDIC on insured depositor accounts. The Company believes it mitigates its risk by depositing its cash and cash equivalents with major financial institutions.</p> <p style="font: 9.5pt Times New Roman, Times, Serif; margin: 0.5pt 0 0"> </p>
CY2021Q1 CETI Working Interest
WorkingInterest
0.1875 pure
CY2023Q2 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
74301 usd
CY2022Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
58224 usd
CY2023Q2 us-gaap Property Plant And Equipment Other Net
PropertyPlantAndEquipmentOtherNet
3167312 usd
CY2022Q4 us-gaap Property Plant And Equipment Other Net
PropertyPlantAndEquipmentOtherNet
2429035 usd
CY2023Q2 us-gaap Depreciation
Depreciation
12646 usd
CY2022Q2 us-gaap Depreciation
Depreciation
10912 usd
us-gaap Depreciation
Depreciation
25752 usd
us-gaap Depreciation
Depreciation
10912 usd
CY2023Q2 us-gaap Debt Current
DebtCurrent
2144639 usd
CY2022Q4 us-gaap Debt Current
DebtCurrent
869500 usd
CY2023Q2 us-gaap Debt Instrument Unamortized Discount
DebtInstrumentUnamortizedDiscount
85743 usd
CY2022Q4 us-gaap Debt Instrument Unamortized Discount
DebtInstrumentUnamortizedDiscount
21532 usd
CY2023Q2 us-gaap Short Term Borrowings
ShortTermBorrowings
2058895 usd
CY2022Q4 us-gaap Short Term Borrowings
ShortTermBorrowings
847968 usd
CY2023Q2 us-gaap Long Term Debt Maturities Repayments Of Principal Remainder Of Fiscal Year
LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear
282500 usd
CY2023Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
255250 usd
CY2023Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
1606889 usd
CY2023Q2 us-gaap Other Long Term Debt
OtherLongTermDebt
2144639 usd
CY2023Q2 CETI Embedded Derivative Gain On Embedded Derivatives
EmbeddedDerivativeGainOnEmbeddedDerivatives
-22977 usd
CY2023Q2 us-gaap Embedded Derivative Gain Loss On Embedded Derivative Net
EmbeddedDerivativeGainLossOnEmbeddedDerivativeNet
-22977 usd
CETI Embedded Derivative Gain On Embedded Derivatives
EmbeddedDerivativeGainOnEmbeddedDerivatives
49392 usd
us-gaap Embedded Derivative Loss On Embedded Derivative
EmbeddedDerivativeLossOnEmbeddedDerivative
86858 usd
us-gaap Embedded Derivative Gain Loss On Embedded Derivative Net
EmbeddedDerivativeGainLossOnEmbeddedDerivativeNet
-37466 usd
CY2022Q4 us-gaap Shares Issued Price Per Share
SharesIssuedPricePerShare
0.0072
CY2023Q2 us-gaap Shares Issued Price Per Share
SharesIssuedPricePerShare
0.3100
CY2022 us-gaap Debt Instrument Convertible Conversion Price Decrease
DebtInstrumentConvertibleConversionPriceDecrease
0.0024
us-gaap Common Stock Convertible Conversion Price Increase
CommonStockConvertibleConversionPriceIncrease
0.2015
CY2022 us-gaap Derivative Average Remaining Maturity1
DerivativeAverageRemainingMaturity1
P1Y
us-gaap Derivative Average Remaining Maturity1
DerivativeAverageRemainingMaturity1
P0Y6M29D
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate Minimum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMinimum
1.5108 pure
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate Maximum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMaximum
1.7120 pure
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate Minimum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMinimum
0.6878 pure
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate Maximum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMaximum
1.9781 pure
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.0479 pure
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.1390 pure
CY2021Q4 us-gaap Derivative Fair Value Of Derivative Net
DerivativeFairValueOfDerivativeNet
3116734 usd
CETI Issuance Of Embedded Derivatives
IssuanceOfEmbeddedDerivatives
151858 usd
CY2022 CETI Issuance Of Embedded Derivatives
IssuanceOfEmbeddedDerivatives
396013 usd
CY2022 us-gaap Conversion Of Stock Amount Issued1
ConversionOfStockAmountIssued1
3512747 usd
CETI Changes In Fair Value Inputs And Assumptions Reflected In Income
ChangesInFairValueInputsAndAssumptionsReflectedInIncome
-49392 usd
CY2023Q2 us-gaap Derivative Fair Value Of Derivative Net
DerivativeFairValueOfDerivativeNet
102466 usd
CY2023Q2 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CETI Consulting Service
ConsultingService
284500 usd
CY2022 CETI Consulting Service
ConsultingService
431399 usd
CETI Consulting Fees
ConsultingFees
60188 usd
CY2022 CETI Consulting Fees
ConsultingFees
194712 usd
CY2023Q2 CETI Quoted Market Price
QuotedMarketPrice
0.782
CY2023Q2 us-gaap Share Price
SharePrice
0.5765
us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21 pure
us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
297278 usd
us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
307643 usd
CETI Less Valuation Allowance
LessValuationAllowance
297278 usd
CETI Less Valuation Allowance
LessValuationAllowance
307643 usd
CY2023Q2 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
807711 usd
CY2022Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
510433 usd
CY2023Q2 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
807711 usd
CY2022Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
510433 usd
CY2023Q2 us-gaap Operating Loss Carryforwards
OperatingLossCarryforwards
807711 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
0 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
0 usd
CETI Average Sales Price
AverageSalesPrice
70.64
CY2022 CETI Average Sales Price
AverageSalesPrice
94.13
CETI Average Sales Price
AverageSalesPrice
70.64
CETI Recoverable Oil Price
RecoverableOilPrice
3200000000 usd
us-gaap Production Costs
ProductionCosts
1000000000.0 usd
CETI Recoverable Oil Price Net
RecoverableOilPriceNet
2200000000 usd

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