$CIPI
Correlate Energy Corp. Stock $cipi

$cipi Overview Financials Valuation SEC Filings Company Website

2023 Q3 Form 10-Q Financial Statement

#000147793223005932 Filed on August 11, 2023

Income Statement

Concept	2023 Q3	2023 Q2	2022 Q2
Revenue	$930.3K	$4.158M	$236.7K
YoY Change	-64.46%	1656.78%
Cost Of Revenue	$698.3K	$3.083M	$193.9K
YoY Change	-67.81%	1489.78%	22583.74%
Gross Profit	$232.0K	$1.075M	$42.74K
YoY Change	61.76%	2414.52%	5763.37%
Gross Profit Margin	24.94%	25.85%	18.06%
Selling, General & Admin	$1.651M	$1.410M	$670.5K
YoY Change	-53.91%	110.34%	1071.59%
% of Gross Profit	711.7%	131.22%	1568.64%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$89.85K	$16.76K	$15.16K
YoY Change	477.44%	10.55%
% of Gross Profit	38.72%	1.56%	35.47%
Operating Expenses	$1.821M	$1.460M	$1.445M
YoY Change	-25.06%	1.08%	29164.61%
Operating Profit	-$1.589M	-$385.6K	-$1.402M
YoY Change	-30.51%	-72.5%	33218.68%
Interest Expense	$183.3K	$156.9K	$37.62K
YoY Change	322.47%	317.03%
% of Operating Profit
Other Income/Expense, Net	-$1.795M	-$1.184M	-$299.3K
YoY Change	496.65%	295.54%
Pretax Income	-$3.384M	-$1.569M	-$1.701M
YoY Change	-35.69%	-7.76%	2255.43%
Income Tax
% Of Pretax Income
Net Earnings	-$3.384M	-$1.569M	-$1.701M
YoY Change	30.8%	-7.76%	40330.85%
Net Earnings / Revenue	-363.73%	-37.74%	-718.8%
Basic Earnings Per Share		-$0.04	-$0.05
Diluted Earnings Per Share	-$0.09	-$0.04	-$48.83K
COMMON SHARES
Basic Shares Outstanding	36.18M shares	35.35M shares	34.84M shares
Diluted Shares Outstanding	36.18M shares

Balance Sheet

Concept	2023 Q3	2023 Q2	2022 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments	$3.218M	$1.108M	$414.9K
YoY Change	822.96%	167.07%	338.53%
Cash & Equivalents	$3.218M	$1.108M	$414.9K
Short-Term Investments
Other Short-Term Assets	$697.5K	$664.2K	$509.1K
YoY Change	634.41%	30.48%
Inventory			$546.4K
Prepaid Expenses			$509.1K
Receivables	$128.1K	$385.6K	$139.3K
Other Receivables	$0.00	$0.00	$0.00
Total Short-Term Assets	$4.044M	$2.158M	$1.610M
YoY Change	287.96%	34.06%	1601.17%
LONG-TERM ASSETS
Property, Plant & Equipment	$115.0K	$98.20K
YoY Change	1354.4%
Goodwill	$762.9K	$762.9K	$762.9K
YoY Change	0.0%	0.0%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets
YoY Change
Total Long-Term Assets	$1.701M	$1.768M	$1.134M
YoY Change	51.02%	55.94%
TOTAL ASSETS
Total Short-Term Assets	$4.044M	$2.158M	$1.610M
Total Long-Term Assets	$1.701M	$1.768M	$1.134M
Total Assets	$5.745M	$3.926M	$2.743M
YoY Change	164.89%	43.1%	2799.42%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$204.7K	$1.019M	$733.0K
YoY Change	-74.87%	39.02%	183.66%
Accrued Expenses	$772.7K	$1.314M	$233.8K
YoY Change	-29.85%	461.93%
Deferred Revenue
YoY Change
Short-Term Debt	$1.825M	$1.486M	$1.009M
YoY Change	46.87%	47.31%
Long-Term Debt Due	$683.1K
YoY Change
Total Short-Term Liabilities	$7.409M	$4.174M	$3.187M
YoY Change	125.33%	30.98%	1133.13%
LONG-TERM LIABILITIES
Long-Term Debt	$683.3K	$555.7K	$20.40K
YoY Change	230.02%	2624.12%
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities	$683.3K	$555.7K	$20.40K
YoY Change	230.02%	2624.12%
TOTAL LIABILITIES
Total Short-Term Liabilities	$7.409M	$4.174M	$3.187M
Total Long-Term Liabilities	$683.3K	$555.7K	$20.40K
Total Liabilities	$8.092M	$4.730M	$3.207M
YoY Change	131.53%	47.48%	1141.03%
SHAREHOLDERS EQUITY
Retained Earnings	-$16.63M	-$13.25M	-$3.780M
YoY Change	161.21%	250.45%
Common Stock	$3.618K	$3.615K	$3.514K
YoY Change	2.96%	2.87%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	-$2.347M	-$803.5K	-$463.5K
YoY Change
Total Liabilities & Shareholders Equity	$5.745M	$3.926M	$2.743M
YoY Change	164.89%	43.1%	2799.42%

Cashflow Statement

Concept	2023 Q3	2023 Q2	2022 Q2
OPERATING ACTIVITIES
Net Income	-$3.384M	-$1.569M	-$1.701M
YoY Change	30.8%	-7.76%	40330.85%
Depreciation, Depletion And Amortization	$89.85K	$16.76K	$15.16K
YoY Change	477.44%	10.55%
Cash From Operating Activities	$1.273M	$1.286M	-$605.6K
YoY Change	-299.59%	-312.27%	2624.25%
INVESTING ACTIVITIES
Capital Expenditures	$23.17K	$434.3K
YoY Change	178.82%
Acquisitions
YoY Change
Other Investing Activities			$0.00
YoY Change
Cash From Investing Activities	-$23.17K	-$434.3K	$0.00
YoY Change	178.82%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	860.0K	64.15K	0.000
YoY Change	48.28%		-100.0%
NET CHANGE
Cash From Operating Activities	1.273M	1.286M	-605.6K
Cash From Investing Activities	-23.17K	-434.3K	0.000
Cash From Financing Activities	860.0K	64.15K	0.000
Net Change In Cash	2.110M	915.4K	-605.6K
YoY Change	-3284.56%	-251.15%	-571.17%
FREE CASH FLOW
Cash From Operating Activities	$1.273M	$1.286M	-$605.6K
Capital Expenditures	$23.17K	$434.3K
Free Cash Flow	$1.250M	$851.2K
YoY Change	-293.43%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
	dei	Entity Central Index Key EntityCentralIndexKey	0001108645
	dei	Amendment Flag AmendmentFlag	false
	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q2
	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2023
CY2022Q4	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.0001
CY2022Q4	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	50000000	shares
CY2022Q4	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	0	shares
CY2023Q2	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	0	shares
CY2022Q4	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	0	shares
CY2022Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.0001
CY2022Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	400000000	shares
CY2022Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	35323626	shares
CY2023Q2	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	36152561	shares
CY2022Q4	us-gaap	Allowance For Doubtful Accounts Premiums And Other Receivables AllowanceForDoubtfulAccountsPremiumsAndOtherReceivables	90189	usd
	dei	Document Type DocumentType	10-Q
	dei	Document Quarterly Report DocumentQuarterlyReport	true
	dei	Document Period End Date DocumentPeriodEndDate	2023-06-30
	dei	Document Transition Report DocumentTransitionReport	false
	dei	Entity File Number EntityFileNumber	000-55825
	dei	Entity Registrant Name EntityRegistrantName	CORRELATE ENERGY CORP.
	dei	Entity Incorporation State Country Code EntityIncorporationStateCountryCode	NV
	dei	Entity Tax Identification Number EntityTaxIdentificationNumber	84-4250492
	dei	Entity Address Address Line1 EntityAddressAddressLine1	220 Travis Street
	dei	Entity Address Address Line2 EntityAddressAddressLine2	Suite 501
	dei	Entity Address City Or Town EntityAddressCityOrTown	Shreveport
	dei	Entity Address State Or Province EntityAddressStateOrProvince	LA
	dei	Entity Address Postal Zip Code EntityAddressPostalZipCode	71101
	dei	City Area Code CityAreaCode	855
	dei	Local Phone Number LocalPhoneNumber	264-4060
	dei	Entity Current Reporting Status EntityCurrentReportingStatus	Yes
	dei	Entity Interactive Data Current EntityInteractiveDataCurrent	Yes
	dei	Entity Small Business EntitySmallBusiness	true
	dei	Entity Emerging Growth Company EntityEmergingGrowthCompany	false
	dei	Entity Filer Category EntityFilerCategory	Non-accelerated Filer
	dei	Entity Shell Company EntityShellCompany	false
CY2023Q3	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	36181455	shares
CY2023Q2	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	1108174	usd
CY2022Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	96308	usd
CY2023Q2	us-gaap	Deposit Contracts Assets DepositContractsAssets	385570	usd
CY2022Q4	us-gaap	Deposit Contracts Assets DepositContractsAssets	684185	usd
CY2023Q2	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	664222	usd
CY2022Q4	us-gaap	Prepaid Expense And Other Assets Current PrepaidExpenseAndOtherAssetsCurrent	395953	usd
CY2023Q2	us-gaap	Assets Current AssetsCurrent	2157966	usd
CY2022Q4	us-gaap	Assets Current AssetsCurrent	1176446	usd
CY2023Q2	us-gaap	Property Plant And Equipment Other PropertyPlantAndEquipmentOther	98202	usd
CY2022Q4	us-gaap	Property Plant And Equipment Other PropertyPlantAndEquipmentOther	4004	usd
CY2023Q2	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	98202	usd
CY2022Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	4004	usd
CY2023Q2	cipi	Other Intangible Assets Customer Relationships Net OtherIntangibleAssetsCustomerRelationshipsNet	163660	usd
CY2022Q4	cipi	Other Intangible Assets Customer Relationships Net OtherIntangibleAssetsCustomerRelationshipsNet	187040	usd
CY2023Q2	cipi	Other Intangible Assets Developed Technology Net OtherIntangibleAssetsDevelopedTechnologyNet	6930	usd
CY2022Q4	cipi	Other Intangible Assets Developed Technology Net OtherIntangibleAssetsDevelopedTechnologyNet	13870	usd
CY2023Q2	cipi	Other Intangible Assets Development Rights Net OtherIntangibleAssetsDevelopmentRightsNet	736348	usd
CY2022Q4	cipi	Other Intangible Assets Development Rights Net OtherIntangibleAssetsDevelopmentRightsNet	112744	usd
CY2023Q2	us-gaap	Goodwill Goodwill	762851	usd
CY2022Q4	us-gaap	Goodwill Goodwill	762851	usd
CY2023Q2	us-gaap	Other Assets OtherAssets	1669789	usd
CY2022Q4	us-gaap	Other Assets OtherAssets	1076505	usd
CY2023Q2	us-gaap	Assets Assets	3925957	usd
CY2022Q4	us-gaap	Assets Assets	2256955	usd
CY2023Q2	us-gaap	Accounts Payable Current AccountsPayableCurrent	1019060	usd
CY2022Q4	us-gaap	Accounts Payable Current AccountsPayableCurrent	1069743	usd
CY2023Q2	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	1314026	usd
CY2022Q4	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	1285898	usd
CY2023Q2	us-gaap	Customer Deposits Current CustomerDepositsCurrent	257761	usd
CY2022Q4	us-gaap	Customer Deposits Current CustomerDepositsCurrent	0	usd
CY2023Q2	cipi	Shareholder Advances ShareholderAdvances	96519	usd
CY2022Q4	cipi	Shareholder Advances ShareholderAdvances	96519	usd
CY2023Q2	us-gaap	Line Of Credit LineOfCredit	30000	usd
CY2022Q4	us-gaap	Line Of Credit LineOfCredit	30000	usd
CY2023Q2	us-gaap	Notes Payable Current NotesPayableCurrent	1456416	usd
CY2022Q4	us-gaap	Notes Payable Current NotesPayableCurrent	1513546	usd
CY2023Q2	us-gaap	Derivative Liabilities Current DerivativeLiabilitiesCurrent	0	usd
CY2022Q4	us-gaap	Derivative Liabilities Current DerivativeLiabilitiesCurrent	722328	usd
CY2023Q2	us-gaap	Liabilities Current LiabilitiesCurrent	4173782	usd
CY2022Q4	us-gaap	Liabilities Current LiabilitiesCurrent	4718034	usd
CY2023Q2	us-gaap	Notes Payable NotesPayable	0	usd
CY2022Q4	us-gaap	Notes Payable NotesPayable	344595	usd
CY2023Q2	us-gaap	Convertible Notes Payable ConvertibleNotesPayable	555720	usd
CY2022Q4	us-gaap	Convertible Notes Payable ConvertibleNotesPayable	0	usd
CY2023Q2	us-gaap	Liabilities Liabilities	4729502	usd
CY2022Q4	us-gaap	Liabilities Liabilities	5062629	usd
CY2023Q2	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.0001
CY2023Q2	us-gaap	Preferred Stock Value PreferredStockValue	0	usd
CY2022Q4	us-gaap	Preferred Stock Value PreferredStockValue	0	usd
CY2023Q2	us-gaap	Common Stock Value CommonStockValue	3615	usd
CY2022Q4	us-gaap	Common Stock Value CommonStockValue	3532	usd
CY2023Q2	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	12440956	usd
CY2022Q4	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	5459220	usd
CY2023Q2	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-13248116	usd
CY2022Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-8268426	usd
CY2023Q2	us-gaap	Stockholders Equity StockholdersEquity	-803545	usd
CY2022Q4	us-gaap	Stockholders Equity StockholdersEquity	-2805674	usd
CY2023Q2	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	3925957	usd
CY2022Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	2256955	usd
CY2023Q2	us-gaap	Revenues Revenues	4158122	usd
CY2022Q2	us-gaap	Revenues Revenues	236690	usd
	us-gaap	Revenues Revenues	4208856	usd
	us-gaap	Revenues Revenues	305098	usd
CY2023Q2	us-gaap	Cost Of Revenue CostOfRevenue	3083314	usd
CY2022Q2	us-gaap	Cost Of Revenue CostOfRevenue	193946	usd
	us-gaap	Cost Of Revenue CostOfRevenue	3129173	usd
	us-gaap	Cost Of Revenue CostOfRevenue	263060	usd
CY2023Q2	us-gaap	Gross Profit GrossProfit	1074808	usd
CY2022Q2	us-gaap	Gross Profit GrossProfit	42744	usd
	us-gaap	Gross Profit GrossProfit	1079683	usd
	us-gaap	Gross Profit GrossProfit	42038	usd
CY2023Q2	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	1358822	usd
CY2022Q2	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	648974	usd
	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	2382752	usd
	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	1195208	usd
CY2023Q2	cipi	Insurance Expenses InsuranceExpenses	3115	usd
CY2022Q2	cipi	Insurance Expenses InsuranceExpenses	2221	usd
	cipi	Insurance Expenses InsuranceExpenses	5345	usd
	cipi	Insurance Expenses InsuranceExpenses	3392	usd
CY2023Q2	us-gaap	Legal Fees LegalFees	9761	usd
CY2022Q2	us-gaap	Legal Fees LegalFees	756914	usd
	us-gaap	Legal Fees LegalFees	129986	usd
	us-gaap	Legal Fees LegalFees	938922	usd
CY2023Q2	us-gaap	Travel And Entertainment Expense TravelAndEntertainmentExpense	51528	usd
CY2022Q2	us-gaap	Travel And Entertainment Expense TravelAndEntertainmentExpense	21525	usd
	us-gaap	Travel And Entertainment Expense TravelAndEntertainmentExpense	87783	usd
	us-gaap	Travel And Entertainment Expense TravelAndEntertainmentExpense	50480	usd
CY2023Q2	us-gaap	Other Depreciation And Amortization OtherDepreciationAndAmortization	37136	usd
CY2022Q2	us-gaap	Other Depreciation And Amortization OtherDepreciationAndAmortization	15160	usd
	us-gaap	Other Depreciation And Amortization OtherDepreciationAndAmortization	62644	usd
	us-gaap	Other Depreciation And Amortization OtherDepreciationAndAmortization	30320	usd
CY2023Q2	us-gaap	Operating Expenses OperatingExpenses	1460362	usd
CY2022Q2	us-gaap	Operating Expenses OperatingExpenses	1444794	usd
	us-gaap	Operating Expenses OperatingExpenses	2668510	usd
	us-gaap	Operating Expenses OperatingExpenses	2218322	usd
CY2023Q2	us-gaap	Operating Income Loss OperatingIncomeLoss	-385554	usd
CY2022Q2	us-gaap	Operating Income Loss OperatingIncomeLoss	-1402050	usd
	us-gaap	Operating Income Loss OperatingIncomeLoss	-1588827	usd
	us-gaap	Operating Income Loss OperatingIncomeLoss	-2176284	usd
CY2023Q2	us-gaap	Interest Expense InterestExpense	156898	usd
CY2022Q2	us-gaap	Interest Expense InterestExpense	37623	usd
	us-gaap	Interest Expense InterestExpense	254251	usd
	us-gaap	Interest Expense InterestExpense	70364	usd
CY2023Q2	us-gaap	Amortization Of Debt Discount Premium AmortizationOfDebtDiscountPremium	1299847	usd
CY2022Q2	us-gaap	Amortization Of Debt Discount Premium AmortizationOfDebtDiscountPremium	261657	usd
	us-gaap	Amortization Of Debt Discount Premium AmortizationOfDebtDiscountPremium	2088129	usd
	us-gaap	Amortization Of Debt Discount Premium AmortizationOfDebtDiscountPremium	428142	usd
CY2023Q2	cipi	Financing Costs FinancingCosts	-347726	usd
CY2022Q2	cipi	Financing Costs FinancingCosts	0	usd
	cipi	Financing Costs FinancingCosts	-4156291	usd
	cipi	Financing Costs FinancingCosts	0	usd
CY2023Q2	cipi	Change In Fair Value Of Derivative Liability ChangeInFairValueOfDerivativeLiability	620688	usd
CY2022Q2	cipi	Change In Fair Value Of Derivative Liability ChangeInFairValueOfDerivativeLiability	0	usd
	cipi	Change In Fair Value Of Derivative Liability ChangeInFairValueOfDerivativeLiability	3107808	usd
	cipi	Change In Fair Value Of Derivative Liability ChangeInFairValueOfDerivativeLiability	0	usd
CY2023Q2	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	-1183783	usd
CY2022Q2	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	-299280	usd
	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	-3390863	usd
	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	-498506	usd
CY2023Q2	us-gaap	Net Income Loss NetIncomeLoss	-1569337	usd
CY2022Q2	us-gaap	Net Income Loss NetIncomeLoss	-1701330	usd
	us-gaap	Net Income Loss NetIncomeLoss	-4979690	usd
	us-gaap	Net Income Loss NetIncomeLoss	-2674790	usd
CY2023Q2	cipi	Loss Per Share LossPerShare	-0.04
CY2022Q2	cipi	Loss Per Share LossPerShare	-0.05
	cipi	Loss Per Share LossPerShare	-0.14
	cipi	Loss Per Share LossPerShare	-0.08
CY2023Q2	cipi	Weighted Average Shares Outstanding Basic WeightedAverageSharesOutstandingBasic	36294779	shares
CY2022Q2	cipi	Weighted Average Shares Outstanding Basic WeightedAverageSharesOutstandingBasic	34843217	shares
	cipi	Weighted Average Shares Outstanding Basic WeightedAverageSharesOutstandingBasic	35816239	shares
	cipi	Weighted Average Shares Outstanding Basic WeightedAverageSharesOutstandingBasic	34742130	shares
CY2021Q4	us-gaap	Stockholders Equity StockholdersEquity	432420	usd
CY2022Q1	cipi	Issuance Warrants Connectionwith Debt IssuanceWarrantsConnectionwithDebt	799128	usd
CY2022Q1	us-gaap	Share Based Compensation ShareBasedCompensation	150504	usd
CY2022Q1	cipi	Issuances Of Shares For Cash Shares IssuancesOfSharesForCashShares	150000	usd
CY2022Q1	us-gaap	Net Income Loss NetIncomeLoss	-973460	usd
CY2022Q1	us-gaap	Stockholders Equity StockholdersEquity	558592	usd
CY2022Q2	us-gaap	Share Based Compensation ShareBasedCompensation	179234	usd
CY2022Q2	cipi	Issuances Of Shares For Services Amount IssuancesOfSharesForServicesAmount	500000	usd
CY2022Q2	us-gaap	Net Income Loss NetIncomeLoss	-1701330	usd
CY2022Q2	us-gaap	Stockholders Equity StockholdersEquity	-463504	usd
CY2022Q4	us-gaap	Stockholders Equity StockholdersEquity	-2805674	usd
CY2023Q1	cipi	Issuances Of Shares For Services Amount IssuancesOfSharesForServicesAmount	15000	usd
CY2023Q1	cipi	Issuances Of Shares For Financing Costs Amount IssuancesOfSharesForFinancingCostsAmount	4500	usd
CY2023Q1	cipi	Issuance Of Shares For The Payment Of Accrued Interest Amount IssuanceOfSharesForThePaymentOfAccruedInterestAmount	7588	usd
CY2023Q1	us-gaap	Share Based Compensation ShareBasedCompensation	253851	usd
CY2023Q1	us-gaap	Litigation Settlement Interest LitigationSettlementInterest	50582	usd
CY2023Q1	us-gaap	Net Income Loss NetIncomeLoss	-3410353	usd
CY2023Q1	us-gaap	Stockholders Equity StockholdersEquity	-5884506	usd
CY2023Q2	cipi	Issuances Of Shares For Services Amount IssuancesOfSharesForServicesAmount	132812	usd
CY2023Q2	cipi	Issuance Of Shares For The Payment Of Accrued Interest Amount IssuanceOfSharesForThePaymentOfAccruedInterestAmount	6513	usd
CY2023Q2	us-gaap	Share Based Compensation ShareBasedCompensation	330524	usd
CY2023Q2	cipi	Issuance Warrants Connectionwith Debt IssuanceWarrantsConnectionwithDebt	28334	usd
CY2023Q2	cipi	Issuance Of Shares For Intangible Assets Amount IssuanceOfSharesForIntangibleAssetsAmount	250000	usd
CY2023Q2	cipi	Issuance Of Shares For Property And Equipment Amount IssuanceOfSharesForPropertyAndEquipmentAmount	57507	usd
CY2023Q2	cipi	Issuance Of Returnable Shares Amount IssuanceOfReturnableSharesAmount	0	usd
CY2023Q2	cipi	Return Of Returnable Shares Amount ReturnOfReturnableSharesAmount	0	usd
CY2023Q2	us-gaap	Litigation Settlement Interest LitigationSettlementInterest	5844608	usd
CY2023Q2	us-gaap	Net Income Loss NetIncomeLoss	-1569337	usd
CY2023Q2	us-gaap	Stockholders Equity StockholdersEquity	-803545	usd
	us-gaap	Net Income Loss NetIncomeLoss	-4979690	usd
	us-gaap	Net Income Loss NetIncomeLoss	-2674790	usd
	us-gaap	Depreciation And Amortization DepreciationAndAmortization	62643	usd
	us-gaap	Depreciation And Amortization DepreciationAndAmortization	30320	usd
	us-gaap	Amortization Of Debt Discount Premium AmortizationOfDebtDiscountPremium	2088129	usd
	us-gaap	Amortization Of Debt Discount Premium AmortizationOfDebtDiscountPremium	428142	usd
	cipi	Stock Issued For Services StockIssuedForServices	-147812	usd
	cipi	Stock Issued For Services StockIssuedForServices	-500000	usd
	us-gaap	Share Based Compensation ShareBasedCompensation	584375	usd
	us-gaap	Share Based Compensation ShareBasedCompensation	329738	usd
	cipi	Financing Costs FinancingCosts	-4156291	usd
	cipi	Financing Costs FinancingCosts	0	usd
	cipi	Change In Fair Value Of Derivative Liability ChangeInFairValueOfDerivativeLiability	3107808	usd
	cipi	Change In Fair Value Of Derivative Liability ChangeInFairValueOfDerivativeLiability	0	usd
	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	0	usd
	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	11360	usd
	us-gaap	Increase Decrease In Contract With Customer Asset IncreaseDecreaseInContractWithCustomerAsset	-298615	usd
	us-gaap	Increase Decrease In Contract With Customer Asset IncreaseDecreaseInContractWithCustomerAsset	87105	usd
	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	0	usd
	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	546384	usd
	us-gaap	Increase Decrease In Prepaid Expenses Other IncreaseDecreaseInPrepaidExpensesOther	268269	usd
	us-gaap	Increase Decrease In Prepaid Expenses Other IncreaseDecreaseInPrepaidExpensesOther	509053	usd
	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	-50683	usd
	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	-86402	usd
	us-gaap	Increase Decrease In Accrued Liabilities IncreaseDecreaseInAccruedLiabilities	121158	usd
	us-gaap	Increase Decrease In Accrued Liabilities IncreaseDecreaseInAccruedLiabilities	175491	usd
	us-gaap	Increase Decrease In Customer Deposits IncreaseDecreaseInCustomerDeposits	257761	usd
	us-gaap	Increase Decrease In Customer Deposits IncreaseDecreaseInCustomerDeposits	1114154	usd
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-689666	usd
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-1337249	usd
	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	42618	usd
	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	0	usd
	us-gaap	Payments To Acquire Intangible Assets PaymentsToAcquireIntangibleAssets	400000	usd
	us-gaap	Payments To Acquire Intangible Assets PaymentsToAcquireIntangibleAssets	0	usd
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-442618	usd
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	0	usd
	us-gaap	Proceeds From Notes Payable ProceedsFromNotesPayable	0	usd
	us-gaap	Proceeds From Notes Payable ProceedsFromNotesPayable	1350000	usd
	us-gaap	Proceeds From Convertible Debt ProceedsFromConvertibleDebt	2614950	usd
	us-gaap	Proceeds From Convertible Debt ProceedsFromConvertibleDebt	0	usd
	us-gaap	Repayments Of Notes Payable RepaymentsOfNotesPayable	470800	usd
	us-gaap	Repayments Of Notes Payable RepaymentsOfNotesPayable	0	usd
	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	0	usd
	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	150000	usd
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	2144150	usd
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	1500000	usd
	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect	1011866	usd
	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect	162751	usd
CY2022Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	96308	usd
CY2021Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	252189	usd
CY2023Q2	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	1108174	usd
CY2022Q2	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	414940	usd
	us-gaap	Income Taxes Paid IncomeTaxesPaid	0	usd
	us-gaap	Income Taxes Paid IncomeTaxesPaid	0	usd
	us-gaap	Interest Paid InterestPaid	106903	usd
	us-gaap	Interest Paid InterestPaid	32141	usd
	cipi	Discount On Notes Payable From Derivative Liability DiscountOnNotesPayableFromDerivativeLiability	1563929	usd
	cipi	Discount On Notes Payable From Derivative Liability DiscountOnNotesPayableFromDerivativeLiability	0	usd
	cipi	Discount On Convertible Notes Payable From Derivative Liability DiscountOnConvertibleNotesPayableFromDerivativeLiability	2564950	usd
	cipi	Discount On Convertible Notes Payable From Derivative Liability DiscountOnConvertibleNotesPayableFromDerivativeLiability	0	usd
	cipi	Shares Issued For Settlement Of Accrued Interest SharesIssuedForSettlementOfAccruedInterest	14101	usd
	cipi	Shares Issued For Settlement Of Accrued Interest SharesIssuedForSettlementOfAccruedInterest	0	usd
	cipi	Accrued Interest Settled Through Note Payable AccruedInterestSettledThroughNotePayable	78929	usd
	cipi	Accrued Interest Settled Through Note Payable AccruedInterestSettledThroughNotePayable	0	usd
	us-gaap	Litigation Settlement Interest LitigationSettlementInterest	5895190	usd
	us-gaap	Litigation Settlement Interest LitigationSettlementInterest	0	usd
	cipi	Shares Issued For Intangible Assets SharesIssuedForIntangibleAssets	250000	usd
	cipi	Shares Issued For Intangible Assets SharesIssuedForIntangibleAssets	0	usd
	cipi	Shares Issued For Property And Equipment SharesIssuedForPropertyAndEquipment	57507	usd
	cipi	Shares Issued For Property And Equipment SharesIssuedForPropertyAndEquipment	0	usd
	cipi	Returnable Shares Issued In Connection With Notes Payable ReturnableSharesIssuedInConnectionWithNotesPayable	120	usd
	cipi	Returnable Shares Issued In Connection With Notes Payable ReturnableSharesIssuedInConnectionWithNotesPayable	0	usd
	cipi	Return Of Returnable Shares Issued In Connection With Notes Payable ReturnOfReturnableSharesIssuedInConnectionWithNotesPayable	136	usd
	cipi	Return Of Returnable Shares Issued In Connection With Notes Payable ReturnOfReturnableSharesIssuedInConnectionWithNotesPayable	0	usd
	cipi	Discount On Note Payable From Issuance Of Warrants DiscountOnNotePayableFromIssuanceOfWarrants	28334	usd
	cipi	Discount On Note Payable From Issuance Of Warrants DiscountOnNotePayableFromIssuanceOfWarrants	799128	usd
	us-gaap	Proceeds From Issuance Of Warrants ProceedsFromIssuanceOfWarrants	0	usd
	us-gaap	Proceeds From Issuance Of Warrants ProceedsFromIssuanceOfWarrants	135000	usd
	us-gaap	Fdic Indemnification Asset Period Increase Decrease FDICIndemnificationAssetPeriodIncreaseDecrease	250000	usd
CY2023Q2	us-gaap	Cash Fdic Insured Amount CashFDICInsuredAmount	720000	usd
CY2023Q2	us-gaap	Allowance For Doubtful Accounts Premiums And Other Receivables AllowanceForDoubtfulAccountsPremiumsAndOtherReceivables	90189	usd
CY2022Q4	us-gaap	Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue	722328	usd
	cipi	Additions Derivative Liabilities AdditionsDerivativeLiabilities	8280670	usd
	cipi	Settlement Derivative Liabilities SettlementDerivativeLiabilities	-5895190	usd
	cipi	Change In Fair Value ChangeInFairValue	-3107808	usd
CY2023Q2	us-gaap	Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue	0	usd
CY2022Q4	us-gaap	Share Price SharePrice	1.06
CY2022	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate Minimum ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMinimum	0.0441	pure
CY2022	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate Maximum ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMaximum	0.0473	pure
CY2022	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate Minimum ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMinimum	1.64	pure
CY2022	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate Maximum ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMaximum	3.79	pure
CY2022Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Exercise Price ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExercisePrice	1.00
	us-gaap	Option Indexed To Issuers Equity Shares OptionIndexedToIssuersEquityShares	6284068	shares
	us-gaap	Option Indexed To Issuers Equity Shares OptionIndexedToIssuersEquityShares	3304068	shares
	cipi	Amount Of Dilutive Securities Warrant AmountOfDilutiveSecuritiesWarrant	12196254	shares
	cipi	Amount Of Dilutive Securities Warrant AmountOfDilutiveSecuritiesWarrant	2700000	shares
	cipi	Convertible Notes Payable Outstanding ConvertibleNotesPayableOutstanding	817172	usd
	cipi	Convertible Notes Payable Outstanding ConvertibleNotesPayableOutstanding	0	usd
	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	19297494	shares
	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	6004068	shares
CY2020Q2	cipi	Note Interest Rate NoteInterestRate	0.0375	pure
CY2014Q4	cipi	Note Interest Rate NoteInterestRate	0.0800	pure
CY2023Q2	us-gaap	Line Of Credit Facility Fair Value Of Amount Outstanding LineOfCreditFacilityFairValueOfAmountOutstanding	30808	usd
CY2023Q1	cipi	Stock Issued During Period Amount Issues StockIssuedDuringPeriodAmountIssues	4500	usd
	us-gaap	Debt Instrument Increase Accrued Interest DebtInstrumentIncreaseAccruedInterest	7589	usd
	cipi	Warrants Issued WarrantsIssued	5655	shares
	cipi	Warrant Issued Value WarrantIssuedValue	375000	usd
CY2022	cipi	Stock Issued During Period Shares Issues StockIssuedDuringPeriodSharesIssues	1200000	shares
	cipi	Common Stock Returnable Commitment Shares CommonStockReturnableCommitmentShares	1360000	usd
	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate Minimum ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMinimum	0.0339	pure
	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate Maximum ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMaximum	0.0427	pure
	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate Minimum ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMinimum	2.77	pure
	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate Maximum ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMaximum	2.80	pure
	cipi	Options To Purchase Shares OptionsToPurchaseShares	3057059	shares
	us-gaap	Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested Number Of Shares SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedNumberOfShares	3227009	shares
CY2023Q2	cipi	Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Total Expenses SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedTotalExpenses	2218587	usd

Files In Submission

Name	View Source	Status
cipi-20230630_def.xml	Edgar Link	unprocessable
cipi-20230630_cal.xml	Edgar Link	unprocessable
cipi-20230630_lab.xml	Edgar Link	unprocessable
0001477932-23-005932-index-headers.html	Edgar Link	pending
0001477932-23-005932-index.html	Edgar Link	pending
0001477932-23-005932.txt	Edgar Link	pending
0001477932-23-005932-xbrl.zip	Edgar Link	pending
cipi-20230630.xsd	Edgar Link	pending
cipi_10q.htm	Edgar Link	pending
cipi_ex311.htm	Edgar Link	pending
cipi_ex312.htm	Edgar Link	pending
cipi_ex321.htm	Edgar Link	pending
cipi_ex322.htm	Edgar Link	pending
Financial_Report.xlsx	Edgar Link	pending
MetaLinks.json	Edgar Link	pending
R1.htm	Edgar Link	pending
R10.htm	Edgar Link	pending
R11.htm	Edgar Link	pending
R12.htm	Edgar Link	pending
R13.htm	Edgar Link	pending
R14.htm	Edgar Link	pending
R15.htm	Edgar Link	pending
R16.htm	Edgar Link	pending
R17.htm	Edgar Link	pending
R18.htm	Edgar Link	pending
R19.htm	Edgar Link	pending
R2.htm	Edgar Link	pending
R20.htm	Edgar Link	pending
R21.htm	Edgar Link	pending
R22.htm	Edgar Link	pending
R23.htm	Edgar Link	pending
R24.htm	Edgar Link	pending
R25.htm	Edgar Link	pending
R26.htm	Edgar Link	pending
R27.htm	Edgar Link	pending
R28.htm	Edgar Link	pending
R29.htm	Edgar Link	pending
R3.htm	Edgar Link	pending
R4.htm	Edgar Link	pending
R5.htm	Edgar Link	pending
R6.htm	Edgar Link	pending
R7.htm	Edgar Link	pending
R8.htm	Edgar Link	pending
R9.htm	Edgar Link	pending
report.css	Edgar Link	pending
Show.js	Edgar Link	pending
cipi-20230630_pre.xml	Edgar Link	unprocessable
FilingSummary.xml	Edgar Link	unprocessable
cipi_10q_htm.xml	Edgar Link	completed

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$CIPI
Correlate Energy Corp. Stock $cipi

2023 Q3 Form 10-Q Financial Statement

#000147793223005932 Filed on August 11, 2023

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$CIPI Correlate Energy Corp. Stock $cipi

2023 Q3 Form 10-Q Financial Statement

#000147793223005932 Filed on August 11, 2023

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$CIPI
Correlate Energy Corp. Stock $cipi