2024 Q1 Form 10-K Financial Statement

#000151597124000014 Filed on January 24, 2024

View on sec.gov

Income Statement

Concept 2024 Q1 2023 Q1 2023
Revenue $358.6K $1.613M
YoY Change 105.28% 137.21%
Cost Of Revenue $361.4K $1.104M
YoY Change 448.21% 377.27%
Gross Profit -$2.750K $509.5K
YoY Change -102.53% 13.51%
Gross Profit Margin -0.77% 31.58%
Selling, General & Admin $228.6K $1.004M
YoY Change 46.64% 66.28%
% of Gross Profit 197.07%
Research & Development -$1.170K $0.00
YoY Change -102.09% -100.0%
% of Gross Profit 0.0%
Depreciation & Amortization $290.0K $504.1K
YoY Change 5088.55% 916.51%
% of Gross Profit 98.95%
Operating Expenses $517.5K $3.897M
YoY Change 138.0% 449.22%
Operating Profit -$520.2K -$2.284M
YoY Change 378.84% 775.84%
Interest Expense -$21.37K $145.2K
YoY Change -48.96% -165.98%
% of Operating Profit
Other Income/Expense, Net -$145.2K
YoY Change 5.49%
Pretax Income -$740.8K -$2.429M
YoY Change 392.17% 509.67%
Income Tax
% Of Pretax Income
Net Earnings -$740.8K -$2.429M
YoY Change 392.17% 509.67%
Net Earnings / Revenue -206.56% -150.58%
Basic Earnings Per Share -$0.01
Diluted Earnings Per Share $0.00 -$0.01
COMMON SHARES
Basic Shares Outstanding 384.7M shares 384.7M shares 312.3M shares
Diluted Shares Outstanding

Balance Sheet

Concept 2024 Q1 2023 Q1 2023
SHORT-TERM ASSETS
Cash & Short-Term Investments $299.4K $299.4K
YoY Change 114.52% 114.52%
Cash & Equivalents $299.4K $299.4K
Short-Term Investments
Other Short-Term Assets $370.0K $370.0K
YoY Change 399.97% 399.97%
Inventory
Prepaid Expenses
Receivables $131.5K $484.5K
Other Receivables $0.00 $0.00
Total Short-Term Assets $1.154M $1.154M
YoY Change 176.96% 176.96%
LONG-TERM ASSETS
Property, Plant & Equipment $3.416K $5.130M
YoY Change -48.0% 845.38%
Goodwill $1.415M
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $16.45K $16.45K
YoY Change 0.0% 0.0%
Total Long-Term Assets $6.561M $6.561M
YoY Change 1073.67% 1073.67%
TOTAL ASSETS
Total Short-Term Assets $1.154M $1.154M
Total Long-Term Assets $6.561M $6.561M
Total Assets $7.715M $7.715M
YoY Change 690.75% 690.75%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $2.151M $2.151M
YoY Change 4269.59% 4269.59%
Accrued Expenses $435.5K $435.5K
YoY Change 147.13% 147.13%
Deferred Revenue
YoY Change
Short-Term Debt $410.0K $410.0K
YoY Change -71.59% -71.59%
Long-Term Debt Due $65.25K $65.25K
YoY Change -24.98% -24.98%
Total Short-Term Liabilities $3.254M $3.254M
YoY Change -4.42% -4.42%
LONG-TERM LIABILITIES
Long-Term Debt $935.4K $935.4K
YoY Change 8.06% 8.06%
Other Long-Term Liabilities $315.5K $315.5K
YoY Change 500.17% 500.17%
Total Long-Term Liabilities $1.251M $1.251M
YoY Change 36.24% 36.24%
TOTAL LIABILITIES
Total Short-Term Liabilities $3.254M $3.254M
Total Long-Term Liabilities $1.251M $1.251M
Total Liabilities $4.505M $4.505M
YoY Change 4.22% 4.22%
SHAREHOLDERS EQUITY
Retained Earnings -$31.96M
YoY Change 8.23%
Common Stock $384.7K
YoY Change 467.44%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $3.210M $3.210M
YoY Change
Total Liabilities & Shareholders Equity $7.715M $7.715M
YoY Change 690.75% 690.75%

Cashflow Statement

Concept 2024 Q1 2023 Q1 2023
OPERATING ACTIVITIES
Net Income -$740.8K -$2.429M
YoY Change 392.17% 509.67%
Depreciation, Depletion And Amortization $290.0K $504.1K
YoY Change 5088.55% 916.51%
Cash From Operating Activities $284.3K -$315.1K
YoY Change -727.04% 2258.66%
INVESTING ACTIVITIES
Capital Expenditures $417.3K $417.3K
YoY Change -26846.79% -2670.86%
Acquisitions
YoY Change
Other Investing Activities $31.09K $31.09K
YoY Change
Cash From Investing Activities -$386.2K -$386.2K
YoY Change 24653.85% 2279.3%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -2.240K $1.136M
YoY Change -101.32% 737.66%
NET CHANGE
Cash From Operating Activities 284.3K -$315.1K
Cash From Investing Activities -386.2K -$386.2K
Cash From Financing Activities -2.240K $1.136M
Net Change In Cash -104.1K $434.8K
YoY Change -185.2% 310.07%
FREE CASH FLOW
Cash From Operating Activities $284.3K -$315.1K
Capital Expenditures $417.3K $417.3K
Free Cash Flow -$133.0K -$732.4K
YoY Change 203.68% -25618.01%

Facts In Submission

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NetIncomeLossAvailableToCommonStockholdersBasic
-398450 usd
CY2023 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.01
CY2022 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.01
CY2023 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
312312114 shares
CY2022 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
61548414 shares
CY2021Q1 us-gaap Stockholders Equity
StockholdersEquity
-5117140 usd
CY2022 dbrm Conversion Of Accrued Employee Salaries
ConversionOfAccruedEmployeeSalaries
681577 usd
CY2022 dbrm Conversion Of Accrued Director Fees
ConversionOfAccruedDirectorFees
142969 usd
CY2022 dbrm Conversion Of12 Note Principal And Interest Related Party
ConversionOf12NotePrincipalAndInterestRelatedParty
514986 usd
CY2022 dbrm Conversion Of Production Revenue Program Principal Related Party
ConversionOfProductionRevenueProgramPrincipalRelatedParty
550100 usd
CY2022 us-gaap Adjustments To Additional Paid In Capital Warrant Issued
AdjustmentsToAdditionalPaidInCapitalWarrantIssued
4913 usd
CY2022 us-gaap Debt Instrument Decrease Forgiveness
DebtInstrumentDecreaseForgiveness
53125 usd
CY2022 dbrm Debt Forgiveness Production Revenue Program Interest Related Party
DebtForgivenessProductionRevenueProgramInterestRelatedParty
232170 usd
CY2022 dbrm Settlement Of Receivables And Payables Related Party
SettlementOfReceivablesAndPayablesRelatedParty
-11454 usd
CY2022 us-gaap Net Income Loss
NetIncomeLoss
-398450 usd
CY2022Q1 us-gaap Stockholders Equity
StockholdersEquity
-3347204 usd
CY2023 dbrm Conversion Of12 Note Principal And Interest
ConversionOf12NotePrincipalAndInterest
35520 usd
CY2023 us-gaap Stock Issued During Period Value Conversion Of Convertible Securities
StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
236000 usd
CY2023 us-gaap Stock Issued During Period Value Acquisitions
StockIssuedDuringPeriodValueAcquisitions
6599544 usd
CY2023 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
1987500 usd
CY2023 us-gaap Stock Issued During Period Value Other
StockIssuedDuringPeriodValueOther
128125 usd
CY2023 us-gaap Net Income Loss
NetIncomeLoss
-2429237 usd
CY2023Q1 us-gaap Stockholders Equity
StockholdersEquity
3210248 usd
CY2023 us-gaap Net Income Loss
NetIncomeLoss
-2429237 usd
CY2022 us-gaap Net Income Loss
NetIncomeLoss
-398450 usd
CY2023 us-gaap Stock Issued During Period Value Other
StockIssuedDuringPeriodValueOther
128125 usd
CY2022 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
72800 usd
CY2023 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
504088 usd
CY2022 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
49590 usd
CY2023 dbrm Impairment Of Oil And Gas Properties Proved
ImpairmentOfOilAndGasPropertiesProved
711873 usd
CY2022 dbrm Impairment Of Oil And Gas Properties Proved
ImpairmentOfOilAndGasPropertiesProved
0 usd
CY2022 dbrm Impairment Of Oil And Gas Properties Unproved
ImpairmentOfOilAndGasPropertiesUnproved
55978 usd
CY2023 us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
56885 usd
CY2022 us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
96703 usd
CY2022 us-gaap Issuance Of Stock And Warrants For Services Or Claims
IssuanceOfStockAndWarrantsForServicesOrClaims
4913 usd
CY2023 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-235034 usd
CY2022 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
8734 usd
CY2023 us-gaap Increase Decrease In Accounts And Other Receivables
IncreaseDecreaseInAccountsAndOtherReceivables
267670 usd
CY2022 us-gaap Increase Decrease In Accounts And Other Receivables
IncreaseDecreaseInAccountsAndOtherReceivables
5928 usd
CY2023 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
21022 usd
CY2022 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-68449 usd
CY2023 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
784819 usd
CY2022 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
52922 usd
CY2023 us-gaap Increase Decrease In Accounts Payable Related Parties
IncreaseDecreaseInAccountsPayableRelatedParties
-27291 usd
CY2022 us-gaap Increase Decrease In Accounts Payable Related Parties
IncreaseDecreaseInAccountsPayableRelatedParties
64153 usd
CY2023 us-gaap Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
-9279 usd
CY2022 us-gaap Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
79848 usd
CY2023 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-315117 usd
CY2022 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-13356 usd
CY2023 us-gaap Payments To Acquire Oil And Gas Property
PaymentsToAcquireOilAndGasProperty
417248 usd
CY2022 us-gaap Payments To Acquire Oil And Gas Property
PaymentsToAcquireOilAndGasProperty
6772 usd
CY2023 us-gaap Payments To Acquire Oil And Gas Property And Equipment
PaymentsToAcquireOilAndGasPropertyAndEquipment
31088 usd
CY2022 us-gaap Payments To Acquire Other Productive Assets
PaymentsToAcquireOtherProductiveAssets
9460 usd
CY2023 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-386160 usd
CY2022 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-16232 usd
CY2023 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
808182 usd
CY2022 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
60000 usd
CY2023 us-gaap Proceeds From Issuance Or Sale Of Equity
ProceedsFromIssuanceOrSaleOfEquity
1987500 usd
CY2022 us-gaap Proceeds From Convertible Debt
ProceedsFromConvertibleDebt
200000 usd
CY2023 us-gaap Repayments Of Other Debt
RepaymentsOfOtherDebt
34375 usd
CY2022 us-gaap Repayments Of Other Debt
RepaymentsOfOtherDebt
68568 usd
CY2023 us-gaap Repayments Of Related Party Debt
RepaymentsOfRelatedPartyDebt
8829 usd
CY2022 us-gaap Repayments Of Related Party Debt
RepaymentsOfRelatedPartyDebt
8599 usd
CY2022 us-gaap Proceeds From Bank Debt
ProceedsFromBankDebt
72800 usd
CY2023 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
1136114 usd
CY2022 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
135633 usd
CY2023 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
434837 usd
CY2022 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
106045 usd
CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
139573 usd
CY2021Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
33528 usd
CY2023Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
574410 usd
CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
139573 usd
CY2023 us-gaap Interest Paid Net
InterestPaidNet
33431 usd
CY2022 us-gaap Interest Paid Net
InterestPaidNet
14446 usd
CY2023 dbrm Conversion Of12 Note Principal And Interest
ConversionOf12NotePrincipalAndInterest
35520 usd
CY2023 us-gaap Stock Issued During Period Value Conversion Of Convertible Securities
StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
236000 usd
CY2023 us-gaap Stock Issued During Period Value Acquisitions
StockIssuedDuringPeriodValueAcquisitions
6599544 usd
CY2023 dbrm Goodwill From Acquisition Of Og Properties
GoodwillFromAcquisitionOfOgProperties
1415361 usd
CY2023 us-gaap Asset Retirement Obligation Period Increase Decrease
AssetRetirementObligationPeriodIncreaseDecrease
79622 usd
CY2023 us-gaap Increase Decrease In Asset Retirement Obligations
IncreaseDecreaseInAssetRetirementObligations
159477 usd
CY2022 us-gaap Increase Decrease In Asset Retirement Obligations
IncreaseDecreaseInAssetRetirementObligations
10929 usd
CY2022 us-gaap Line Of Credit Facility Increase Decrease Other Net
LineOfCreditFacilityIncreaseDecreaseOtherNet
27278 usd
CY2022 us-gaap Proceeds From Other Debt
ProceedsFromOtherDebt
81154 usd
CY2022 dbrm Forgiveness Of Production Revenue Payable Interest
ForgivenessOfProductionRevenuePayableInterest
232170 usd
CY2022 us-gaap Adjustments To Additional Paid In Capital Other
AdjustmentsToAdditionalPaidInCapitalOther
681577 usd
CY2022 dbrm Settlement Of Accrued Director Fees Credited To Additional Paid In Capital
SettlementOfAccruedDirectorFeesCreditedToAdditionalPaidInCapital
142969 usd
CY2022 dbrm Settlement Of12 Note Related Party Credited To Additional Paid In Capital
SettlementOf12NoteRelatedPartyCreditedToAdditionalPaidInCapital
514986 usd
CY2022 dbrm Settlement Of Production Revenue Program Related Party Credited To Additional Paid In Capital
SettlementOfProductionRevenueProgramRelatedPartyCreditedToAdditionalPaidInCapital
550100 usd
CY2022 dbrm Settlement Of Series Accumulated Dividend Credited To Additional Paid In Capital
SettlementOfSeriesAccumulatedDividendCreditedToAdditionalPaidInCapital
28380 usd
CY2022 dbrm Supplemental Cash Flow Conversion Of Series Preferred Stock
SupplementalCashFlowConversionOfSeriesPreferredStock
710 usd
CY2022 dbrm Supplemental Cash Flow Stock Issued During Period Value Stock Dividend
SupplementalCashFlowStockIssuedDuringPeriodValueStockDividend
1100 usd
CY2022 dbrm Debt Forgiveness Of Related Party Accrued Gross Salary And Employer Payroll Taxes
DebtForgivenessOfRelatedPartyAccruedGrossSalaryAndEmployerPayrollTaxes
53125 usd
CY2022 dbrm Settlement Of Related Party Receivables And Payables
SettlementOfRelatedPartyReceivablesAndPayables
11454 usd
CY2022 dbrm Reclassification Of Related Party Accounts Payable To Accounts Payable
ReclassificationOfRelatedPartyAccountsPayableToAccountsPayable
66719 usd
CY2023Q1 dbrm Working Capital Deficit
WorkingCapitalDeficit
2100000 usd
CY2023 us-gaap Use Of Estimates
UseOfEstimates
<p id="xdx_84A_eus-gaap--UseOfEstimates_zqmaS3y4ObP6" style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><i>Use of Estimates and Assumptions</i></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b><i> </i></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">In preparing financial statements in conformity with accounting principles generally accepted in the United States of America, management is required to make estimates and assumptions. These estimates and assumptions may affect the reported amounts of assets and liabilities and the disclosure of contingent assets and liabilities at the date of the financial statements, and reported amounts of revenues and expenses during the reporting periods. Actual results could differ materially from those estimates. The accounting policies most affected by management’s estimates and assumptions are as follows:</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p> <table cellpadding="0" cellspacing="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%"> <tr style="vertical-align: top"> <td style="width: 24px"> </td> <td style="width: 24px"><span style="font-family: Symbol; font-size: 10pt">·</span></td> <td style="text-align: justify"><span style="font-size: 10pt">The reliance on estimates of proved reserves to compute the provision for depreciation, depletion and amortization and to determine the amount of any impairment of proved properties;</span></td></tr> </table> <p style="font: 12pt Times New Roman, Times, Serif; margin: 0"></p> <table cellpadding="0" cellspacing="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%"> <tr style="vertical-align: top"> <td style="width: 24px"> </td> <td style="width: 24px"><span style="font-family: Symbol; font-size: 10pt">·</span></td> <td style="text-align: justify"><span style="font-size: 10pt">The valuation of unproved acreage and proved crude oil and natural gas properties to determine the amount of any impairment of crude oil and natural gas properties;</span></td></tr> </table> <p style="font: 12pt Times New Roman, Times, Serif; margin: 0"></p> <table cellpadding="0" cellspacing="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%"> <tr style="vertical-align: top"> <td style="width: 24px"> </td> <td style="width: 24px"><span style="font-family: Symbol; font-size: 10pt">·</span></td> <td style="text-align: justify"><span style="font-size: 10pt">Judgment regarding the productive status of in-progress exploratory wells to determine the amount of any provision for abandonment; and</span></td></tr> </table> <p style="font: 12pt Times New Roman, Times, Serif; margin: 0"></p> <table cellpadding="0" cellspacing="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%"> <tr style="vertical-align: top"> <td style="width: 24px"> </td> <td style="width: 24px"><span style="font-family: Symbol; font-size: 10pt">·</span></td> <td style="text-align: justify"><span style="font-size: 10pt">Estimates regarding the timing and cost of future abandonment obligations; and,</span></td></tr> </table> <p style="font: 12pt Times New Roman, Times, Serif; margin: 0"></p> <table cellpadding="0" cellspacing="0" style="font: 12pt Times New Roman, Times, Serif; width: 100%"> <tr style="vertical-align: top"> <td style="width: 24px"> </td> <td style="width: 24px"><span style="font-family: Symbol; font-size: 10pt">·</span></td> <td style="text-align: justify"><span style="font-size: 10pt">Estimates regarding projected cash flows used in determining the production payable discount.</span></td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p>
CY2023 us-gaap Impairment Of Oil And Gas Properties
ImpairmentOfOilAndGasProperties
711873 usd
CY2022 us-gaap Impairment Of Oil And Gas Properties
ImpairmentOfOilAndGasProperties
0 usd
CY2023 us-gaap Impairment Of Oil And Gas Properties
ImpairmentOfOilAndGasProperties
711873 usd
CY2023 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<p id="xdx_841_eus-gaap--ConcentrationRiskCreditRisk_zfj5x9bzmPz7" style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><i>Concentration of Credit Risk</i></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Substantially all of the Company’s trade accounts receivable result from crude oil and natural gas sales in California or joint interest billings to its working interest partners in California. This concentration of customers and joint interest owners may impact the Company’s overall credit risk as these entities could be affected by similar changes in economic conditions including crude oil and natural gas prices as well as other related factors. Trade accounts receivable are generally not collateralized.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span id="xdx_91F_eus-gaap--CustomerConcentrationRiskMember_zBbPTKyalfQj" style="display: none">Customer Concentration</span></p> <p style="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span id="xdx_91C_eus-gaap--AccountsReceivableMember_zyPP4cuM4PZd" style="display: none">Accounts Receivable</span> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">At both the Company’s projects in California there is only one buyer for the purchase of all crude oil production. At February 28, 2023 and February 28, 2022, this one individual customer represented <span id="xdx_907_eus-gaap--ConcentrationRiskPercentage1_dp_c20220301__20230228__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--AccountsReceivableMember_zfefNYJEU9nj" title="Concentration risk"><span id="xdx_90B_eus-gaap--ConcentrationRiskPercentage1_dp_c20210301__20220228__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--AccountsReceivableMember_zFCGoQTzbJ6h" title="Concentration risk">100</span></span>% of crude oil sales receivable from operations. If this buyer is unable to resell its products or if they lose a significant sales contract then the Company may incur difficulties in selling its crude oil production.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">At the Reabold project wells in Contra Costs County, California there is also natural gas production that the Company sells to a single buyer. At February 28, 2023, this one individual customer per project represented <span id="xdx_90C_eus-gaap--ConcentrationRiskPercentage1_dp_c20220301__20230228__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--AccountsReceivableMember__srt--MajorCustomersAxis__custom--CrcMember_zwi803Tzuql6" title="Concentration risk">100</span>% of natural gas sales receivable. The Company had no natural gas sales before the Reabold acquisition in May of 2022. If this local purchaser is unable to resell their products or if they lose a significant sales contract then we may incur difficulties in selling our natural gas production.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p> <p id="xdx_897_eus-gaap--SchedulesOfConcentrationOfRiskByRiskFactorTextBlock_zm06Kjr0ovOa" style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The Company’s accounts receivable for California crude oil and natural gas sales at February 28, 2023 and February 28, 2022 are set forth in the table below:</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span id="xdx_8B0_zGoy9P10CTFa" style="display: none">Summary of Significant Accounting Policies - Schedule of Concentration of Risk, by Risk Factor</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: bottom"> <td style="text-align: center"> </td><td style="padding-bottom: 1pt"> </td> <td style="text-align: center"> </td><td style="font-size: 8.5pt; font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="4" style="border-bottom: Black 1pt solid; font-size: 8.5pt; font-weight: bold; text-align: center">February 28, 2023</td><td style="padding-bottom: 1pt; font-size: 8.5pt; font-weight: bold"> </td><td style="font-size: 8.5pt; font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="4" style="border-bottom: Black 1pt solid; font-size: 8.5pt; font-weight: bold; text-align: center">February 28, 2022</td><td style="padding-bottom: 1pt; font-size: 8.5pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td style="border-bottom: Black 1pt solid; font-size: 8.5pt; font-weight: bold; text-align: center">Project</td><td style="font-size: 8.5pt; font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-size: 8.5pt; font-weight: bold; text-align: center">Customer</td><td style="font-size: 8.5pt; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-size: 8.5pt; text-align: center"><p style="font: 8.5pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>Accounts</b></p> <p style="font: 8.5pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>Receivable</b></p></td><td style="font-size: 8.5pt; font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-size: 8.5pt; font-weight: bold; text-align: center">Percentage</td><td style="padding-bottom: 1pt; font-size: 8.5pt; font-weight: bold"> </td><td style="font-size: 8.5pt; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-size: 8.5pt; text-align: center"><p style="font: 8.5pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>Accounts</b></p> <p style="font: 8.5pt Times New Roman, Times, Serif; margin: 0; text-align: center"><b>Receivable</b></p></td><td style="font-size: 8.5pt; font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-size: 8.5pt; font-weight: bold; text-align: center">Percentage</td><td style="padding-bottom: 1pt; font-size: 8.5pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(235,235,255)"> <td style="width: 32%; font-size: 9pt; text-align: left">California – East Slopes project (crude oil)</td><td style="width: 1%; font-size: 9pt"> </td> <td style="width: 15%; font-size: 9pt; text-align: left">Plains Marketing</td><td style="width: 1%; font-size: 9pt"> </td> <td style="width: 1%; font-size: 9pt; text-align: left">$</td><td style="width: 11%; font-size: 9pt; text-align: right"><span id="xdx_903_eus-gaap--AccountsReceivableNetCurrent_iI_c20230228__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--AccountsReceivableMember__srt--MajorCustomersAxis__custom--PlainsMarketingMember__custom--LocationAxis__custom--CaliforniaEastSlopesProjectCrudeOilMember_zBDjrdZ416ec" title="Accounts receivable">55,900</span></td><td style="width: 1%; font-size: 9pt"> </td> <td style="width: 11%; font-size: 9pt; text-align: right"><span id="xdx_907_eus-gaap--ConcentrationRiskPercentage1_dp_c20220301__20230228__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--AccountsReceivableMember__srt--MajorCustomersAxis__custom--PlainsMarketingMember__custom--LocationAxis__custom--CaliforniaEastSlopesProjectCrudeOilMember_zzz3ItHbylC7" title="Percent of revenue">42.5</span></td><td style="width: 1%; font-size: 9pt; text-align: left">%</td><td style="width: 1%; font-size: 9pt"> </td> <td style="width: 1%; font-size: 9pt; text-align: left">$</td><td style="width: 11%; font-size: 9pt; text-align: right"><span id="xdx_90D_eus-gaap--AccountsReceivableNetCurrent_iI_c20220228__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--AccountsReceivableMember__srt--MajorCustomersAxis__custom--PlainsMarketingMember__custom--LocationAxis__custom--CaliforniaEastSlopesProjectCrudeOilMember_z0CX4CDVoCE3" title="Accounts receivable">117,727</span></td><td style="width: 1%; font-size: 9pt"> </td> <td style="width: 11%; font-size: 9pt; text-align: right"><span id="xdx_907_eus-gaap--ConcentrationRiskPercentage1_dp_c20210301__20220228__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--AccountsReceivableMember__srt--MajorCustomersAxis__custom--PlainsMarketingMember__custom--LocationAxis__custom--CaliforniaEastSlopesProjectCrudeOilMember_zE6uGYthme1f" title="Percent of revenue">100.0</span></td><td style="width: 1%; font-size: 9pt; text-align: left">%</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="font-size: 9pt; text-align: left; padding-bottom: 1pt">California – Reabold project (crude oil)</td><td style="font-size: 9pt; padding-bottom: 1pt"> </td> <td style="font-size: 9pt; text-align: left; padding-bottom: 1pt">Plains Marketing</td><td style="font-size: 9pt; padding-bottom: 1pt"> </td> <td style="font-size: 9pt; text-align: right"> </td><td style="font-size: 9pt; text-align: right"><span id="xdx_901_eus-gaap--AccountsReceivableNetCurrent_iI_c20230228__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--AccountsReceivableMember__srt--MajorCustomersAxis__custom--PlainsMarketingMember__custom--LocationAxis__custom--CaliforniaReaboldProjectCrudeOilMember_z0hqLBAyvcY6" title="Accounts receivable">59,614</span></td><td style="font-size: 9pt; padding-bottom: 1pt"> </td> <td style="font-size: 9pt; text-align: right"><span id="xdx_901_eus-gaap--ConcentrationRiskPercentage1_dp_c20220301__20230228__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--AccountsReceivableMember__srt--MajorCustomersAxis__custom--PlainsMarketingMember__custom--LocationAxis__custom--CaliforniaReaboldProjectCrudeOilMember_z2lypFyaNpJg" title="Percent of revenue">45.3</span></td><td style="padding-bottom: 1pt; font-size: 9pt; text-align: left">%</td><td style="font-size: 9pt; padding-bottom: 1pt"> </td> <td style="font-size: 9pt; text-align: right"> </td><td style="font-size: 9pt; text-align: right"><span id="xdx_90E_eus-gaap--AccountsReceivableNetCurrent_iI_c20220228__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--AccountsReceivableMember__srt--MajorCustomersAxis__custom--PlainsMarketingMember__custom--LocationAxis__custom--CaliforniaReaboldProjectCrudeOilMember_zAwqpUEruAO5"><span style="-sec-ix-hidden: xdx2ixbrl0704">—</span></span></td><td style="font-size: 9pt; padding-bottom: 1pt"> </td> <td style="font-size: 9pt; text-align: right"><span id="xdx_901_eus-gaap--ConcentrationRiskPercentage1_dp_c20210301__20220228__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--AccountsReceivableMember__srt--MajorCustomersAxis__custom--PlainsMarketingMember__custom--LocationAxis__custom--CaliforniaReaboldProjectCrudeOilMember_zkl2ycqG9Hsi"><span style="-sec-ix-hidden: xdx2ixbrl0705">—</span></span></td><td style="padding-bottom: 1pt; font-size: 9pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(235,235,255)"> <td style="font-size: 9pt; text-align: left; padding-bottom: 1pt">California – Reabold project (natural gas)</td><td style="font-size: 9pt; padding-bottom: 1pt"> </td> <td style="font-size: 9pt; text-align: left; padding-bottom: 1pt">CRC</td><td style="font-size: 9pt; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-size: 9pt; text-align: left"> </td><td style="border-bottom: Black 1pt solid; font-size: 9pt; text-align: right"><span id="xdx_90C_eus-gaap--AccountsReceivableNetCurrent_iI_c20230228__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--AccountsReceivableMember__srt--MajorCustomersAxis__custom--CrcMember__custom--LocationAxis__custom--CaliforniaReaboldProjectNaturalGasMember_zgp0wtMmiGl9" title="Accounts receivable">15,996</span></td><td style="font-size: 9pt; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-size: 9pt; text-align: right"><span id="xdx_90D_eus-gaap--ConcentrationRiskPercentage1_dp_c20220301__20230228__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--AccountsReceivableMember__srt--MajorCustomersAxis__custom--CrcMember__custom--LocationAxis__custom--CaliforniaReaboldProjectNaturalGasMember_zKMLscjRKMq8" title="Percent of revenue">12.2</span></td><td style="padding-bottom: 1pt; font-size: 9pt; text-align: left">%</td><td style="font-size: 9pt; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-size: 9pt; text-align: left"> </td><td style="border-bottom: Black 1pt solid; font-size: 9pt; text-align: right"><span id="xdx_902_eus-gaap--AccountsReceivableNetCurrent_iI_c20220228__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--AccountsReceivableMember__srt--MajorCustomersAxis__custom--CrcMember__custom--LocationAxis__custom--CaliforniaReaboldProjectNaturalGasMember_z4UT6tcg6yec" title="Accounts receivable"><span style="-sec-ix-hidden: xdx2ixbrl0711">—</span></span></td><td style="font-size: 9pt; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; font-size: 9pt; text-align: right"><span id="xdx_907_eus-gaap--ConcentrationRiskPercentage1_dp_c20210301__20220228__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--AccountsReceivableMember__srt--MajorCustomersAxis__custom--CrcMember__custom--LocationAxis__custom--CaliforniaReaboldProjectNaturalGasMember_zDxvGAeTxhh8" title="Percent of revenue"><span style="-sec-ix-hidden: xdx2ixbrl0713">—</span></span></td><td style="padding-bottom: 1pt; font-size: 9pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="font-size: 9pt; padding-bottom: 2.5pt">Totals</td><td style="padding-bottom: 2.5pt"> </td> <td style="padding-bottom: 2.5pt"> </td><td style="font-size: 9pt; padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; font-size: 9pt; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; font-size: 9pt; text-align: right"><span id="xdx_90F_eus-gaap--AccountsReceivableNetCurrent_iI_c20230228__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--AccountsReceivableMember_zIBi3OMUkR94" title="Accounts receivable">131,510</span></td><td style="font-size: 9pt; padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; font-size: 9pt; text-align: right"><span id="xdx_90D_eus-gaap--ConcentrationRiskPercentage1_dp_c20220301__20230228__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--AccountsReceivableMember_zH1vfz1kwTFa" title="Percent of revenue">100.0</span></td><td style="padding-bottom: 2.5pt; font-size: 9pt; text-align: left">%</td><td style="font-size: 9pt; padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; font-size: 9pt; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; font-size: 9pt; text-align: right"><span id="xdx_902_eus-gaap--AccountsReceivableNetCurrent_iI_c20220228__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--AccountsReceivableMember_zkJ4XZSDx6Wg" title="Accounts receivable">117,727</span></td><td style="font-size: 9pt; padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; font-size: 9pt; text-align: right"><span id="xdx_905_eus-gaap--ConcentrationRiskPercentage1_dp_c20210301__20220228__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--AccountsReceivableMember_z97JCkSZF3Ue" title="Percent of revenue">100.0</span></td><td style="padding-bottom: 2.5pt; font-size: 9pt; text-align: left">%</td></tr> </table> <p id="xdx_8AB_z6H1rccuOmW" style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Joint interest participant receivables balances of $<span id="xdx_905_eus-gaap--OilAndGasJointInterestBillingReceivablesCurrent_iI_c20230228_zyJnJX6ZNSck" title="Joint interest participants">353,009</span> and $<span id="xdx_905_eus-gaap--OilAndGasJointInterestBillingReceivablesCurrent_iI_c20220228_zzeHQIFFGLDe" title="Joint interest participants">85,339</span> at February 28, 2023 and February 28, 2022, respectively, represent amounts due from working interest partners in the East Slopes and Reabold projects. There were no allowances for doubtful accounts for the Company’s trade accounts receivable at February 28, 2023 and February 28, 2022.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p>
CY2023Q1 us-gaap Oil And Gas Joint Interest Billing Receivables Current
OilAndGasJointInterestBillingReceivablesCurrent
353009 usd
CY2022Q1 us-gaap Oil And Gas Joint Interest Billing Receivables Current
OilAndGasJointInterestBillingReceivablesCurrent
85339 usd
CY2022Q1 us-gaap Capitalized Costs Accumulated Depreciation Depletion Amortization And Valuation Allowance For Relating To Oil And Gas Producing Activities
CapitalizedCostsAccumulatedDepreciationDepletionAmortizationAndValuationAllowanceForRelatingToOilAndGasProducingActivities
3230209 usd
CY2023Q1 us-gaap Capitalized Costs Oil And Gas Producing Activities Net
CapitalizedCostsOilAndGasProducingActivitiesNet
5126200 usd
CY2022Q1 us-gaap Capitalized Costs Oil And Gas Producing Activities Net
CapitalizedCostsOilAndGasProducingActivitiesNet
536032 usd
CY2023 us-gaap Depletion Of Oil And Gas Properties
DepletionOfOilAndGasProperties
477089 usd
CY2022 us-gaap Depletion Of Oil And Gas Properties
DepletionOfOilAndGasProperties
38125 usd
CY2023Q1 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
131510 usd
CY2022Q1 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
117727 usd
CY2023Q1 us-gaap Oil And Gas Joint Interest Billing Receivables Current
OilAndGasJointInterestBillingReceivablesCurrent
353009 usd
CY2022Q1 us-gaap Oil And Gas Joint Interest Billing Receivables Current
OilAndGasJointInterestBillingReceivablesCurrent
85339 usd
CY2023Q1 us-gaap Capitalized Costs Mineral Interests In Proved Properties
CapitalizedCostsMineralInterestsInProvedProperties
115119 usd
CY2022Q1 us-gaap Capitalized Costs Mineral Interests In Proved Properties
CapitalizedCostsMineralInterestsInProvedProperties
115119 usd
CY2023Q1 us-gaap Capitalized Costs Wells And Related Equipment And Facilities
CapitalizedCostsWellsAndRelatedEquipmentAndFacilities
6915982 usd
CY2022Q1 us-gaap Capitalized Costs Wells And Related Equipment And Facilities
CapitalizedCostsWellsAndRelatedEquipmentAndFacilities
2309628 usd
CY2023Q1 us-gaap Capitalized Exploratory Well Costs
CapitalizedExploratoryWellCosts
1341494 usd
CY2022Q1 us-gaap Capitalized Exploratory Well Costs
CapitalizedExploratoryWellCosts
1341494 usd
CY2023Q1 us-gaap Property Plant And Equipment Other
PropertyPlantAndEquipmentOther
320217 usd
CY2023Q1 us-gaap Capitalized Costs Oil And Gas Producing Activities Gross
CapitalizedCostsOilAndGasProducingActivitiesGross
8692812 usd
CY2022Q1 us-gaap Capitalized Costs Oil And Gas Producing Activities Gross
CapitalizedCostsOilAndGasProducingActivitiesGross
3766241 usd
CY2023Q1 us-gaap Capitalized Costs Accumulated Depreciation Depletion Amortization And Valuation Allowance For Relating To Oil And Gas Producing Activities
CapitalizedCostsAccumulatedDepreciationDepletionAmortizationAndValuationAllowanceForRelatingToOilAndGasProducingActivities
3566612 usd
CY2023 us-gaap Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
23875 usd
CY2022 us-gaap Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
8574 usd
CY2022Q1 us-gaap Asset Retirement Obligation
AssetRetirementObligation
52565 usd
CY2021Q1 us-gaap Asset Retirement Obligation
AssetRetirementObligation
33062 usd
CY2023 us-gaap Accretion Expense
AccretionExpense
23875 usd
CY2022 us-gaap Accretion Expense
AccretionExpense
8574 usd
CY2023 us-gaap Asset Retirement Obligation Revision Of Estimate
AssetRetirementObligationRevisionOfEstimate
239069 usd
CY2022 us-gaap Asset Retirement Obligation Revision Of Estimate
AssetRetirementObligationRevisionOfEstimate
10929 usd
CY2023Q1 us-gaap Asset Retirement Obligation
AssetRetirementObligation
315509 usd
CY2022Q1 us-gaap Asset Retirement Obligation
AssetRetirementObligation
52565 usd
CY2009Q1 us-gaap Liabilities Assumed1
LiabilitiesAssumed1
1500000 usd
us-gaap Business Combination Assets And Liabilities Arising From Contingencies Description
BusinessCombinationAssetsAndLiabilitiesArisingFromContingenciesDescription
representing a 25% working interest in the drilling and completion costs associated with the East Slopes Project four earning wells program. The Company subsequently sold the 25% working interest on June 11, 2009
CY2022Q1 us-gaap Accounts Payable Current And Noncurrent
AccountsPayableCurrentAndNoncurrent
244849 usd
CY2009Q1 us-gaap Liabilities Assumed1
LiabilitiesAssumed1
1500000 usd
CY2023Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
9309 usd
CY2023Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
9558 usd
CY2023Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
9815 usd
CY2023Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
10078 usd
CY2023Q1 us-gaap Accounts Payable Related Parties Current
AccountsPayableRelatedPartiesCurrent
21937 usd
CY2022Q1 us-gaap Accounts Payable Related Parties Current
AccountsPayableRelatedPartiesCurrent
49228 usd
CY2023Q1 us-gaap Notes Payable Related Parties Classified Current
NotesPayableRelatedPartiesClassifiedCurrent
9065 usd
CY2022Q1 us-gaap Notes Payable Related Parties Classified Current
NotesPayableRelatedPartiesClassifiedCurrent
8829 usd
CY2023Q1 dbrm Unamortized Debt Issuance Expenses Short Term
UnamortizedDebtIssuanceExpensesShortTerm
728 usd
CY2022Q1 dbrm Unamortized Debt Issuance Expenses Short Term
UnamortizedDebtIssuanceExpensesShortTerm
729 usd
CY2023Q1 us-gaap Due To Related Parties Current
DueToRelatedPartiesCurrent
8337 usd
CY2022Q1 us-gaap Due To Related Parties Current
DueToRelatedPartiesCurrent
8100 usd
CY2023Q1 us-gaap Notes Payable Related Parties Noncurrent
NotesPayableRelatedPartiesNoncurrent
127645 usd
CY2022Q1 us-gaap Notes Payable Related Parties Noncurrent
NotesPayableRelatedPartiesNoncurrent
136710 usd
CY2023Q1 us-gaap Unamortized Debt Issuance Expense
UnamortizedDebtIssuanceExpense
8622 usd
CY2022Q1 us-gaap Unamortized Debt Issuance Expense
UnamortizedDebtIssuanceExpense
9350 usd
CY2023Q1 us-gaap Due To Related Parties Noncurrent
DueToRelatedPartiesNoncurrent
119023 usd
CY2022Q1 us-gaap Due To Related Parties Noncurrent
DueToRelatedPartiesNoncurrent
127360 usd
CY2023Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
9065 usd
CY2023Q1 us-gaap Long Term Debt Maturities Repayments Of Principal After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive
88885 usd
CY2023Q1 us-gaap Long Term Debt
LongTermDebt
136710 usd
CY2023Q1 dbrm Estimated Payments Of Production Revenue Payable
EstimatedPaymentsOfProductionRevenuePayable
913395 usd
CY2022Q1 dbrm Estimated Payments Of Production Revenue Payable
EstimatedPaymentsOfProductionRevenuePayable
941259 usd
CY2023Q1 us-gaap Debt Instrument Unamortized Discount Premium Net
DebtInstrumentUnamortizedDiscountPremiumNet
40114 usd
CY2022Q1 us-gaap Debt Instrument Unamortized Discount Premium Net
DebtInstrumentUnamortizedDiscountPremiumNet
124134 usd
CY2023Q1 us-gaap Accounts Payable And Accrued Liabilities Current And Noncurrent
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
873281 usd
CY2022Q1 us-gaap Accounts Payable And Accrued Liabilities Current And Noncurrent
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
817125 usd
CY2023Q1 us-gaap Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
56915 usd
CY2022Q1 us-gaap Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
78877 usd
CY2023Q1 us-gaap Accounts Payable And Accrued Liabilities Noncurrent
AccountsPayableAndAccruedLiabilitiesNoncurrent
816366 usd
CY2022Q1 us-gaap Accounts Payable And Accrued Liabilities Noncurrent
AccountsPayableAndAccruedLiabilitiesNoncurrent
738248 usd
CY2023 us-gaap Operating Lease Expense
OperatingLeaseExpense
23889 usd
CY2022 us-gaap Operating Lease Expense
OperatingLeaseExpense
23489 usd
CY2022 us-gaap Dividends Preferred Stock
DividendsPreferredStock
96340 usd
CY2022 us-gaap Dividends
Dividends
2449979 usd
CY2023Q1 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
500000000 shares
CY2022Q1 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
500000000 shares
CY2023Q1 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2022Q1 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2022 us-gaap Conversion Of Stock Shares Converted1
ConversionOfStockSharesConverted1
1399765 shares
CY2022Q1 us-gaap Convertible Preferred Stock Shares Issued Upon Conversion
ConvertiblePreferredStockSharesIssuedUponConversion
4199295 shares
CY2022 us-gaap Dividends
Dividends
2449979 usd
CY2007 dbrm Preferred Shareholders At Period End
PreferredShareholdersAtPeriodEnd
100 number
CY2007 us-gaap Dividends Preferred Stock
DividendsPreferredStock
155311 usd
CY2008 dbrm Preferred Shareholders At Period End
PreferredShareholdersAtPeriodEnd
90 number
CY2008 us-gaap Dividends Preferred Stock
DividendsPreferredStock
242126 usd
CY2009 dbrm Preferred Shareholders At Period End
PreferredShareholdersAtPeriodEnd
78 number
CY2009 us-gaap Dividends Preferred Stock
DividendsPreferredStock
209973 usd
CY2010 dbrm Preferred Shareholders At Period End
PreferredShareholdersAtPeriodEnd
74 number
CY2010 us-gaap Dividends Preferred Stock
DividendsPreferredStock
189973 usd
CY2011 dbrm Preferred Shareholders At Period End
PreferredShareholdersAtPeriodEnd
70 number
CY2011 us-gaap Dividends Preferred Stock
DividendsPreferredStock
173707 usd
CY2012 dbrm Preferred Shareholders At Period End
PreferredShareholdersAtPeriodEnd
70 number
CY2012 us-gaap Dividends Preferred Stock
DividendsPreferredStock
163624 usd
CY2013 dbrm Preferred Shareholders At Period End
PreferredShareholdersAtPeriodEnd
68 number
CY2013 us-gaap Dividends Preferred Stock
DividendsPreferredStock
161906 usd
CY2014 dbrm Preferred Shareholders At Period End
PreferredShareholdersAtPeriodEnd
59 number
CY2014 us-gaap Dividends Preferred Stock
DividendsPreferredStock
151323 usd
CY2015 dbrm Preferred Shareholders At Period End
PreferredShareholdersAtPeriodEnd
58 number
CY2015 us-gaap Dividends Preferred Stock
DividendsPreferredStock
132634 usd
CY2016 dbrm Preferred Shareholders At Period End
PreferredShareholdersAtPeriodEnd
57 number
CY2016 us-gaap Dividends Preferred Stock
DividendsPreferredStock
130925 usd
CY2017 dbrm Preferred Shareholders At Period End
PreferredShareholdersAtPeriodEnd
57 number
CY2017 us-gaap Dividends Preferred Stock
DividendsPreferredStock
130415 usd
CY2018 dbrm Preferred Shareholders At Period End
PreferredShareholdersAtPeriodEnd
56 number
CY2018 us-gaap Dividends Preferred Stock
DividendsPreferredStock
128231 usd
CY2019 dbrm Preferred Shareholders At Period End
PreferredShareholdersAtPeriodEnd
56 number
CY2019 us-gaap Dividends Preferred Stock
DividendsPreferredStock
127714 usd
CY2020 dbrm Preferred Shareholders At Period End
PreferredShareholdersAtPeriodEnd
56 number
CY2020 us-gaap Dividends Preferred Stock
DividendsPreferredStock
128063 usd
CY2021 dbrm Preferred Shareholders At Period End
PreferredShareholdersAtPeriodEnd
56 number
CY2021 us-gaap Dividends Preferred Stock
DividendsPreferredStock
127714 usd
CY2023Q1 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
384734902 shares
CY2023Q1 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
384734902 shares
CY2022Q1 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
67802273 shares
CY2022Q1 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
67802273 shares
CY2022Q2 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
500000000 shares
CY2021Q1 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
200000000 shares
CY2023Q1 dbrm Warrants Exercisable End Of Period
WarrantsExercisableEndOfPeriod
2100000 shares
CY2022Q1 dbrm Warrants Exercisable End Of Period
WarrantsExercisableEndOfPeriod
893333 shares
CY2023Q1 us-gaap Class Of Warrant Or Right Exercise Price Of Warrants Or Rights1
ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1
0.01
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Outstanding Weighted Average Remaining Contractual Terms
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsOutstandingWeightedAverageRemainingContractualTerms
P0Y9M29D
CY2023Q1 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Equity Instruments Other Than Options Aggregate Intrinsic Value Outstanding
SharebasedCompensationArrangementBySharebasedPaymentAwardEquityInstrumentsOtherThanOptionsAggregateIntrinsicValueOutstanding
25200 usd
CY2023 us-gaap Compensation Expense Excluding Cost Of Good And Service Sold
CompensationExpenseExcludingCostOfGoodAndServiceSold
0 usd
CY2022 us-gaap Compensation Expense Excluding Cost Of Good And Service Sold
CompensationExpenseExcludingCostOfGoodAndServiceSold
4913 usd
CY2021Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsOutstandingNumber
2100000 shares
CY2021Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
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