2024 Q3 Form 10-K Financial Statement
#000147793224004414 Filed on July 29, 2024
Income Statement
Concept | 2024 Q3 | 2024 Q2 | 2024 |
---|---|---|---|
Revenue | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Cost Of Revenue | |||
YoY Change | |||
Gross Profit | |||
YoY Change | |||
Gross Profit Margin | |||
Selling, General & Admin | $350.5K | $306.0K | $1.256M |
YoY Change | 8.17% | 1.75% | -25.23% |
% of Gross Profit | |||
Research & Development | |||
YoY Change | |||
% of Gross Profit | |||
Depreciation & Amortization | $9.100K | $9.090K | $36.39K |
YoY Change | 0.0% | 0.0% | 0.0% |
% of Gross Profit | |||
Operating Expenses | $365.1K | $315.6K | $1.304M |
YoY Change | 9.58% | 2.51% | -27.97% |
Operating Profit | -$365.1K | -$1.304M | |
YoY Change | 9.58% | -27.97% | |
Interest Expense | $90.16K | -$42.94K | $340.8K |
YoY Change | -9.05% | 2.97% | -245.08% |
% of Operating Profit | |||
Other Income/Expense, Net | -$90.16K | -$1.160M | |
YoY Change | -89.42% | 588.58% | |
Pretax Income | -$455.2K | -$425.7K | -$2.465M |
YoY Change | -61.6% | 42.06% | 24.5% |
Income Tax | $0.00 | $0.00 | $0.00 |
% Of Pretax Income | |||
Net Earnings | -$455.2K | -$6.155M | -$2.465M |
YoY Change | -61.6% | 1894.0% | -45.51% |
Net Earnings / Revenue | |||
Basic Earnings Per Share | |||
Diluted Earnings Per Share | $0.00 | $0.00 | $0.00 |
COMMON SHARES | |||
Basic Shares Outstanding | 9.693B shares | ||
Diluted Shares Outstanding |
Balance Sheet
Concept | 2024 Q3 | 2024 Q2 | 2024 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $260.00 | $900.00 | $900.00 |
YoY Change | 4.0% | -91.31% | -91.31% |
Cash & Equivalents | $260.00 | $898.00 | |
Short-Term Investments | |||
Other Short-Term Assets | $3.500K | $3.000K | $3.000K |
YoY Change | 16.67% | -87.5% | -87.5% |
Inventory | |||
Prepaid Expenses | |||
Receivables | |||
Other Receivables | |||
Total Short-Term Assets | $3.760K | $3.898K | $3.900K |
YoY Change | 15.69% | -88.66% | -88.65% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $1.032M | $1.041M | $1.041M |
YoY Change | -3.41% | -3.38% | -3.38% |
Goodwill | |||
YoY Change | |||
Intangibles | |||
YoY Change | |||
Long-Term Investments | |||
YoY Change | |||
Other Assets | |||
YoY Change | |||
Total Long-Term Assets | $1.032M | $1.041M | $1.041M |
YoY Change | -3.41% | -3.38% | -3.38% |
TOTAL ASSETS | |||
Total Short-Term Assets | $3.760K | $3.898K | $3.900K |
Total Long-Term Assets | $1.032M | $1.041M | $1.041M |
Total Assets | $1.036M | $1.045M | $1.045M |
YoY Change | -3.35% | -6.01% | -6.01% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $879.4K | $841.6K | $1.872M |
YoY Change | 16.57% | -29.84% | 56.07% |
Accrued Expenses | $988.2K | $933.1K | $933.1K |
YoY Change | -5.81% | -5.34% | -5.34% |
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $2.162M | $2.054M | $2.054M |
YoY Change | 20.78% | 14.6% | 14.6% |
Long-Term Debt Due | |||
YoY Change | |||
Total Short-Term Liabilities | $5.266M | $4.859M | $4.859M |
YoY Change | 30.84% | 22.16% | 22.16% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Other Long-Term Liabilities | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Total Long-Term Liabilities | $0.00 | $0.00 | $0.00 |
YoY Change | |||
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $5.266M | $4.859M | $4.859M |
Total Long-Term Liabilities | $0.00 | $0.00 | $0.00 |
Total Liabilities | $5.266M | $4.859M | $4.869M |
YoY Change | 30.84% | 21.86% | 22.11% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$81.38M | -$80.92M | |
YoY Change | 10.1% | 11.27% | |
Common Stock | $9.693M | $9.443M | |
YoY Change | 98.57% | 1126.95% | |
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | -$4.230M | -$3.814M | -$3.824M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $1.036M | $1.045M | $1.045M |
YoY Change | -3.35% | -6.01% | -6.01% |
Cashflow Statement
Concept | 2024 Q3 | 2024 Q2 | 2024 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$455.2K | -$6.155M | -$2.465M |
YoY Change | -61.6% | 1894.0% | -45.51% |
Depreciation, Depletion And Amortization | $9.100K | $9.090K | $36.39K |
YoY Change | 0.0% | 0.0% | 0.0% |
Cash From Operating Activities | -$107.5K | -$120.1K | -$493.0K |
YoY Change | 42.38% | 93.29% | -27.71% |
INVESTING ACTIVITIES | |||
Capital Expenditures | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Acquisitions | |||
YoY Change | |||
Other Investing Activities | |||
YoY Change | |||
Cash From Investing Activities | $0.00 | $0.00 | $0.00 |
YoY Change | |||
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | $0.00 | ||
YoY Change | -100.0% | ||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | $106.9K | 121.0K | $483.5K |
YoY Change | 63.42% | 86.22% | -12.96% |
NET CHANGE | |||
Cash From Operating Activities | -$107.5K | -120.1K | -$493.0K |
Cash From Investing Activities | $0.00 | 0.000 | $0.00 |
Cash From Financing Activities | $106.9K | 121.0K | $483.5K |
Net Change In Cash | -$638.00 | 910.0 | -$9.465K |
YoY Change | -93.69% | -68.07% | -92.52% |
FREE CASH FLOW | |||
Cash From Operating Activities | -$107.5K | -$120.1K | -$493.0K |
Capital Expenditures | $0.00 | $0.00 | $0.00 |
Free Cash Flow | -$107.5K | -$120.1K | -$493.0K |
YoY Change | 42.38% | 93.29% | -27.71% |
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NetIncomeLoss
|
-1979480 | usd |
CY2023Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-2865323 | usd |
CY2023Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-2865323 | usd |
CY2024 | us-gaap |
Stock Issued During Period Value Conversion Of Convertible Securities
StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
|
249731 | usd |
CY2024 | mmex |
Shares Issued For Accrued Expenses Amount
SharesIssuedForAccruedExpensesAmount
|
83736 | usd |
CY2024 | mmex |
Shares Issued For Accrued Expenses Related Parties Amount
SharesIssuedForAccruedExpensesRelatedPartiesAmount
|
892134 | usd |
CY2024 | mmex |
Shares And Warrants Issued For Debt Discount Amount
SharesAndWarrantsIssuedForDebtDiscountAmount
|
58032 | usd |
CY2024 | mmex |
Warrants Issued For Debt Discount Related Parties Amount
WarrantsIssuedForDebtDiscountRelatedPartiesAmount
|
54269 | usd |
CY2024 | us-gaap |
Stock Issued During Period Value Conversion Of Units
StockIssuedDuringPeriodValueConversionOfUnits
|
0 | usd |
CY2024 | us-gaap |
Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
|
28200 | usd |
CY2024 | mmex |
Warrants Issued To Settle Debt Amount
WarrantsIssuedToSettleDebtAmount
|
150000 | usd |
CY2024 | mmex |
Deemed Dividends
DeemedDividends
|
0 | usd |
CY2024 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-2464533 | usd |
CY2024Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-3813754 | usd |
CY2024 | us-gaap |
Profit Loss
ProfitLoss
|
-2464533 | usd |
CY2023 | us-gaap |
Profit Loss
ProfitLoss
|
-1979480 | usd |
CY2024 | us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
36394 | usd |
CY2023 | us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
36394 | usd |
CY2024 | mmex |
Loan Fees And Penalties Added To Convertible Note
LoanFeesAndPenaltiesAddedToConvertibleNote
|
0 | usd |
CY2023 | mmex |
Loan Fees And Penalties Added To Convertible Note
LoanFeesAndPenaltiesAddedToConvertibleNote
|
53126 | usd |
CY2024 | us-gaap |
Issuance Of Stock And Warrants For Services Or Claims
IssuanceOfStockAndWarrantsForServicesOrClaims
|
28200 | usd |
CY2023 | us-gaap |
Issuance Of Stock And Warrants For Services Or Claims
IssuanceOfStockAndWarrantsForServicesOrClaims
|
495000 | usd |
CY2024 | us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
-819346 | usd |
CY2024 | us-gaap |
Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
|
122359 | usd |
CY2023 | us-gaap |
Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
|
53533 | usd |
CY2024 | us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
21000 | usd |
CY2023 | us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
23333 | usd |
CY2024 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
107745 | usd |
CY2023 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
94075 | usd |
CY2024 | us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
66914 | usd |
CY2023 | us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
198488 | usd |
CY2024 | us-gaap |
Increase Decrease In Accounts Payable Related Parties
IncreaseDecreaseInAccountsPayableRelatedParties
|
769583 | usd |
CY2023 | us-gaap |
Increase Decrease In Accounts Payable Related Parties
IncreaseDecreaseInAccountsPayableRelatedParties
|
409939 | usd |
CY2024 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-492992 | usd |
CY2023 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-682004 | usd |
CY2024 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
0 | usd |
CY2023 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
0 | usd |
CY2024 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
0 | usd |
CY2023 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
0 | usd |
CY2024 | us-gaap |
Proceeds From Notes Payable
ProceedsFromNotesPayable
|
395000 | usd |
CY2023 | us-gaap |
Proceeds From Notes Payable
ProceedsFromNotesPayable
|
15000 | usd |
CY2024 | us-gaap |
Repayments Of Notes Payable
RepaymentsOfNotesPayable
|
13685 | usd |
CY2023 | us-gaap |
Repayments Of Notes Payable
RepaymentsOfNotesPayable
|
0 | usd |
CY2024 | us-gaap |
Proceeds From Convertible Debt
ProceedsFromConvertibleDebt
|
110000 | usd |
CY2023 | us-gaap |
Proceeds From Convertible Debt
ProceedsFromConvertibleDebt
|
552500 | usd |
CY2024 | us-gaap |
Repayments Of Convertible Debt
RepaymentsOfConvertibleDebt
|
158790 | usd |
CY2023 | us-gaap |
Repayments Of Convertible Debt
RepaymentsOfConvertibleDebt
|
41209 | usd |
CY2024 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
0 | usd |
CY2023 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
41209 | usd |
CY2024 | us-gaap |
Proceeds From Related Party Debt
ProceedsFromRelatedPartyDebt
|
108200 | usd |
CY2023 | us-gaap |
Proceeds From Related Party Debt
ProceedsFromRelatedPartyDebt
|
0 | usd |
CY2024 | us-gaap |
Repayments Of Related Party Debt
RepaymentsOfRelatedPartyDebt
|
7198 | usd |
CY2023 | us-gaap |
Repayments Of Related Party Debt
RepaymentsOfRelatedPartyDebt
|
0 | usd |
CY2024 | mmex |
Proceeds From Convertible Notes Payable Related Parties
ProceedsFromConvertibleNotesPayableRelatedParties
|
50000 | usd |
CY2023 | mmex |
Proceeds From Convertible Notes Payable Related Parties
ProceedsFromConvertibleNotesPayableRelatedParties
|
0 | usd |
CY2024 | us-gaap |
Payments Of Financing Costs
PaymentsOfFinancingCosts
|
0 | usd |
CY2023 | us-gaap |
Payments Of Financing Costs
PaymentsOfFinancingCosts
|
12000 | usd |
CY2024 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
483527 | usd |
CY2023 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
555500 | usd |
CY2024 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
|
-9465 | usd |
CY2023 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
|
-126504 | usd |
CY2023Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
10363 | usd |
CY2022Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
136867 | usd |
CY2024Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
898 | usd |
CY2023Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
10363 | usd |
CY2024 | us-gaap |
Interest Paid Net
InterestPaidNet
|
145655 | usd |
CY2023 | us-gaap |
Interest Paid Net
InterestPaidNet
|
3310 | usd |
CY2024 | us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
0 | usd |
CY2023 | us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
0 | usd |
CY2024 | mmex |
Issuance Of Common Stock For Conversion Of Debt
IssuanceOfCommonStockForConversionOfDebt
|
249732 | usd |
CY2023 | mmex |
Issuance Of Common Stock For Conversion Of Debt
IssuanceOfCommonStockForConversionOfDebt
|
376067 | usd |
CY2024 | mmex |
Convertible Note Exchanged For For Note Payable Related Party
ConvertibleNoteExchangedForForNotePayableRelatedParty
|
20000 | usd |
CY2023 | mmex |
Convertible Note Exchanged For For Note Payable Related Party
ConvertibleNoteExchangedForForNotePayableRelatedParty
|
0 | usd |
CY2024 | mmex |
Issuance Of Common Stock For Accrued Liabilities
IssuanceOfCommonStockForAccruedLiabilities
|
17808 | usd |
CY2023 | mmex |
Issuance Of Common Stock For Accrued Liabilities
IssuanceOfCommonStockForAccruedLiabilities
|
0 | usd |
CY2024 | mmex |
Issuance Of Common Stock For Accrued Expenses Related Parties
IssuanceOfCommonStockForAccruedExpensesRelatedParties
|
204763 | usd |
CY2023 | mmex |
Issuance Of Common Stock For Accrued Expenses Related Parties
IssuanceOfCommonStockForAccruedExpensesRelatedParties
|
1006 | usd |
CY2024 | mmex |
Conversion Of Preferred Stock Into Common Stock
ConversionOfPreferredStockIntoCommonStock
|
1674154 | usd |
CY2023 | mmex |
Conversion Of Preferred Stock Into Common Stock
ConversionOfPreferredStockIntoCommonStock
|
528020 | usd |
CY2024 | mmex |
Non Cash Deemed Dividend
NonCashDeemedDividend
|
5729553 | usd |
CY2023 | mmex |
Non Cash Deemed Dividend
NonCashDeemedDividend
|
2534402 | usd |
CY2024 | mmex |
Non Cash Exercises Of Warrants
NonCashExercisesOfWarrants
|
0 | usd |
CY2023 | mmex |
Non Cash Exercises Of Warrants
NonCashExercisesOfWarrants
|
14343 | usd |
CY2024 | mmex |
Warrants Exercises For An Accrued Liability
WarrantsExercisesForAnAccruedLiability
|
0 | usd |
CY2023 | mmex |
Warrants Exercises For An Accrued Liability
WarrantsExercisesForAnAccruedLiability
|
184 | usd |
CY2024 | mmex |
Warrants For Debt Discount
WarrantsForDebtDiscount
|
58032 | usd |
CY2023 | mmex |
Warrants For Debt Discount
WarrantsForDebtDiscount
|
0 | usd |
CY2024 | mmex |
Warrants Issued For Debt Discount Related Parties
WarrantsIssuedForDebtDiscountRelatedParties
|
54269 | usd |
CY2023 | mmex |
Warrants Issued For Debt Discount Related Parties
WarrantsIssuedForDebtDiscountRelatedParties
|
0 | usd |
CY2024 | mmex |
Shares And Warrants Issued For Debt Discount
SharesAndWarrantsIssuedForDebtDiscount
|
0 | usd |
CY2023 | mmex |
Shares And Warrants Issued For Debt Discount
SharesAndWarrantsIssuedForDebtDiscount
|
17371 | usd |
CY2024 | mmex |
Note Payable Issued For Convertible Note Payable
NotePayableIssuedForConvertibleNotePayable
|
0 | usd |
CY2023 | mmex |
Note Payable Issued For Convertible Note Payable
NotePayableIssuedForConvertibleNotePayable
|
190249 | usd |
CY2024 | mmex |
Related Party Accounts Payable Exchanged For Related Party Convertible Note
RelatedPartyAccountsPayableExchangedForRelatedPartyConvertibleNote
|
0 | usd |
CY2023 | mmex |
Related Party Accounts Payable Exchanged For Related Party Convertible Note
RelatedPartyAccountsPayableExchangedForRelatedPartyConvertibleNote
|
20000 | usd |
CY2024 | mmex |
Debt Reclassed From Convertible Note Payable To Note Payable
DebtReclassedFromConvertibleNotePayableToNotePayable
|
25000 | usd |
CY2023 | mmex |
Debt Reclassed From Convertible Note Payable To Note Payable
DebtReclassedFromConvertibleNotePayableToNotePayable
|
0 | usd |
CY2024 | us-gaap |
Use Of Estimates
UseOfEstimates
|
<p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; TEXT-INDENT: 0.5in; text-align:justify;">The preparation of financial statements in conformity with accounting principles generally accepted in the United States requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, and the 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> | |
CY2024 | us-gaap |
Marketing And Advertising Expense
MarketingAndAdvertisingExpense
|
0 | usd |
CY2023 | us-gaap |
Marketing And Advertising Expense
MarketingAndAdvertisingExpense
|
3543 | usd |
CY2024 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
28200 | usd |
CY2023 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
495000 | usd |
CY2024 | us-gaap |
Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
|
<p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; TEXT-INDENT: 0.5in; text-align:justify;">Certain amounts in the consolidated financial statements for the prior year have been reclassified to conform with the current year presentation.</p> | |
CY2024Q2 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-80921391 | usd |
CY2024Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-3813754 | usd |
CY2024Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
898 | usd |
CY2024Q2 | mmex |
Working Capital Deficit
WorkingCapitalDeficit
|
-4855163 | usd |
CY2024Q2 | mmex |
Accounts Payables Related Parties Current
AccountsPayablesRelatedPartiesCurrent
|
1030522 | usd |
CY2023Q2 | mmex |
Accounts Payables Related Parties Current
AccountsPayablesRelatedPartiesCurrent
|
465703 | usd |
CY2024 | us-gaap |
Insurance Commissions And Fees
InsuranceCommissionsAndFees
|
260973 | usd |
CY2024Q2 | us-gaap |
Debt Instrument Unamortized Discount Current
DebtInstrumentUnamortizedDiscountCurrent
|
0 | usd |
CY2023Q2 | us-gaap |
Debt Instrument Unamortized Discount Current
DebtInstrumentUnamortizedDiscountCurrent
|
0 | usd |
CY2024Q2 | mmex |
Convertible Notes Payables
ConvertibleNotesPayables
|
50000 | usd |
CY2023Q2 | mmex |
Convertible Notes Payables
ConvertibleNotesPayables
|
20000 | usd |
CY2023Q1 | us-gaap |
Convertible Preferred Stock Converted To Other Securities
ConvertiblePreferredStockConvertedToOtherSecurities
|
20000 | usd |
CY2023Q1 | us-gaap |
Debt Instrument Convertible Threshold Percentage Of Stock Price Trigger
DebtInstrumentConvertibleThresholdPercentageOfStockPriceTrigger
|
1.10 | pure |
CY2023 | us-gaap |
Interest Expense Other
InterestExpenseOther
|
175 | usd |
CY2023Q4 | us-gaap |
Convertible Preferred Stock Converted To Other Securities
ConvertiblePreferredStockConvertedToOtherSecurities
|
50000 | usd |
CY2023Q4 | us-gaap |
Debt Instrument Convertible Threshold Percentage Of Stock Price Trigger
DebtInstrumentConvertibleThresholdPercentageOfStockPriceTrigger
|
1.10 | pure |
CY2024 | us-gaap |
Interest On Convertible Debt Net Of Tax
InterestOnConvertibleDebtNetOfTax
|
753 | usd |
CY2023 | us-gaap |
Interest On Convertible Debt Net Of Tax
InterestOnConvertibleDebtNetOfTax
|
0 | usd |
CY2024Q2 | mmex |
Notes Payable Related Parties Classified Gross
NotesPayableRelatedPartiesClassifiedGross
|
120478 | usd |
CY2023Q2 | mmex |
Notes Payable Related Parties Classified Gross
NotesPayableRelatedPartiesClassifiedGross
|
0 | usd |
CY2024Q2 | mmex |
Less Discount
LessDiscount
|
-47152 | usd |
CY2023Q2 | mmex |
Less Discount
LessDiscount
|
0 | usd |
CY2024Q2 | mmex |
Notes Payable Related Party Classified Current
NotesPayableRelatedPartyClassifiedCurrent
|
73326 | usd |
CY2023Q2 | mmex |
Notes Payable Related Party Classified Current
NotesPayableRelatedPartyClassifiedCurrent
|
0 | usd |
CY2023Q2 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
1247877 | usd |
CY2024Q2 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
1247877 | usd |
CY2024Q2 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
206468 | usd |
CY2023Q2 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
170074 | usd |
CY2024Q2 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
1041409 | usd |
CY2023Q2 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
1077803 | usd |
CY2024 | us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
36394 | usd |
CY2023 | us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
36394 | usd |
CY2024Q2 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
933143 | usd |
CY2023Q2 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
985751 | usd |
CY2021Q1 | us-gaap |
Debt Instrument Maturity Date
DebtInstrumentMaturityDate
|
2022-03-11 | |
CY2021Q1 | us-gaap |
Debt Instrument Interest Rate During Period
DebtInstrumentInterestRateDuringPeriod
|
0.10 | pure |
CY2024Q2 | mmex |
Convertible Note Payable Currently In Default
ConvertibleNotePayableCurrentlyInDefault
|
1054915 | usd |
CY2023Q2 | mmex |
Convertible Note Payable Currently In Default
ConvertibleNotePayableCurrentlyInDefault
|
120200 | usd |
CY2024Q2 | mmex |
Convertible Notes Payable Discount
ConvertibleNotesPayableDiscount
|
-22285 | usd |
CY2023Q2 | mmex |
Convertible Notes Payable Discount
ConvertibleNotesPayableDiscount
|
-14490 | usd |
CY2024Q2 | mmex |
Convertible Notes Payable Currently In Default Net Of Discount
ConvertibleNotesPayableCurrentlyInDefaultNetOfDiscount
|
1032630 | usd |
CY2023Q2 | mmex |
Convertible Notes Payable Currently In Default Net Of Discount
ConvertibleNotesPayableCurrentlyInDefaultNetOfDiscount
|
105710 | usd |
CY2024Q2 | mmex |
Convertible Notes Payable Currently In Default
ConvertibleNotesPayableCurrentlyInDefault
|
150000 | usd |
CY2023Q2 | mmex |
Convertible Notes Payable Currently In Default
ConvertibleNotesPayableCurrentlyInDefault
|
333840 | usd |
CY2024Q2 | mmex |
Convertible Note Payable Discount
ConvertibleNotePayableDiscount
|
0 | usd |
CY2023Q2 | mmex |
Convertible Note Payable Discount
ConvertibleNotePayableDiscount
|
0 | usd |
CY2024Q2 | mmex |
Convertible Note Payable Currently In Default Net Of Discount
ConvertibleNotePayableCurrentlyInDefaultNetOfDiscount
|
150000 | usd |
CY2023Q2 | mmex |
Convertible Note Payable Currently In Default Net Of Discount
ConvertibleNotePayableCurrentlyInDefaultNetOfDiscount
|
333840 | usd |
CY2022Q2 | us-gaap |
Debt Instrument Face Amount
DebtInstrumentFaceAmount
|
165000 | usd |
CY2022Q2 | us-gaap |
Proceeds From Convertible Debt
ProceedsFromConvertibleDebt
|
155000 | usd |
CY2022Q2 | mmex |
Note Desceription
NoteDesceription
|
The Company can prepay the note with prepayment penalties ranging from 105% to 125% during the first 180 days after issuance | |
CY2024Q2 | mmex |
Convertible Note Payable
ConvertibleNotePayable
|
523955 | usd |
CY2023Q2 | mmex |
Convertible Note Payable
ConvertibleNotePayable
|
635875 | usd |
CY2024Q2 | us-gaap |
Debt Instrument Unamortized Discount
DebtInstrumentUnamortizedDiscount
|
5771 | usd |
CY2023Q2 | us-gaap |
Debt Instrument Unamortized Discount
DebtInstrumentUnamortizedDiscount
|
15200 | usd |
CY2024Q2 | us-gaap |
Convertible Long Term Notes Payable
ConvertibleLongTermNotesPayable
|
518184 | usd |
CY2023Q2 | us-gaap |
Convertible Long Term Notes Payable
ConvertibleLongTermNotesPayable
|
620675 | usd |
CY2022Q2 | us-gaap |
Costs And Expenses
CostsAndExpenses
|
10000 | usd |
CY2024 | us-gaap |
Conversion Of Stock Amount Converted1
ConversionOfStockAmountConverted1
|
41250 | usd |
CY2024 | us-gaap |
Conversion Of Stock Shares Converted1
ConversionOfStockSharesConverted1
|
823771549 | shares |
CY2024Q2 | mmex |
Capital Stock Authorized
CapitalStockAuthorized
|
25001000000 | shares |
CY2023Q2 | mmex |
Capital Stock Authorized
CapitalStockAuthorized
|
10001000000 | shares |
CY2024Q2 | mmex |
Common Stock Share Authorized
CommonStockShareAuthorized
|
25000000000 | shares |
CY2023Q2 | mmex |
Common Stock Share Authorized
CommonStockShareAuthorized
|
10000000000 | shares |
CY2024Q2 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
1000000 | shares |
CY2023Q2 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
1000000 | shares |
CY2024 | mmex |
Shares Issued Of Common Stock
SharesIssuedOfCommonStock
|
8673183 | shares |
CY2024 | mmex |
Convertible Common Stock Converted To Other Securities
ConvertibleCommonStockConvertedToOtherSecurities
|
231970 | usd |
CY2024 | us-gaap |
Line Of Credit Facility Increase Accrued Interest
LineOfCreditFacilityIncreaseAccruedInterest
|
16142 | usd |
CY2024 | us-gaap |
Litigation Settlement Interest
LitigationSettlementInterest
|
1148 | usd |
CY2024 | us-gaap |
Payments For Fees
PaymentsForFees
|
1620 | usd |
CY2024Q2 | us-gaap |
Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
|
279120377 | usd |
CY2024 | mmex |
Shares Issued For Accrued Liability Related Parties Share
SharesIssuedForAccruedLiabilityRelatedPartiesShare
|
17808 | shares |
CY2024 | mmex |
Shares Issued For Accrued Expenses Amount
SharesIssuedForAccruedExpensesAmount
|
83736 | usd |
CY2024 | mmex |
Loss Recognized Related To Stock Conversions
LossRecognizedRelatedToStockConversions
|
65928 | usd |
CY2024 | mmex |
Shares Issued For Exercise Of Prefunded Warrants
SharesIssuedForExerciseOfPrefundedWarrants
|
3174187995 | shares |
CY2024 | mmex |
Conversion Of Stock Shares Of Related Party Convertible Debt
ConversionOfStockSharesOfRelatedPartyConvertibleDebt
|
204763 | usd |
CY2024 | us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
892133 | usd |
CY2024 | mmex |
Warrants To Purchase Share
WarrantsToPurchaseShare
|
687370 | shares |
CY2023 | mmex |
Total Shares Issued Of Common Stock
TotalSharesIssuedOfCommonStock
|
748413613 | shares |
CY2023 | us-gaap |
Conversion Of Stock Shares Converted1
ConversionOfStockSharesConverted1
|
202640220 | shares |
CY2023 | mmex |
Common Stock Shares Issued For Conversion Of Convertible Note Value
CommonStockSharesIssuedForConversionOfConvertibleNoteValue
|
338700 | usd |
CY2023 | us-gaap |
Debt Conversion Original Debt Amount1
DebtConversionOriginalDebtAmount1
|
373367 | usd |
CY2023 | us-gaap |
Line Of Credit Facility Increase Accrued Interest
LineOfCreditFacilityIncreaseAccruedInterest
|
34667 | usd |
CY2023 | mmex |
Payment Of Fee Value
PaymentOfFeeValue
|
2700 | usd |
CY2023 | mmex |
Shares Issued Prefunded Warrants
SharesIssuedPrefundedWarrants
|
1373562 | shares |
CY2023 | mmex |
Warrants To Purchase Share
WarrantsToPurchaseShare
|
686281 | shares |
CY2023 | mmex |
Convertible Common Stock Converted To Other Securities
ConvertibleCommonStockConvertedToOtherSecurities
|
41209 | usd |
CY2023 | mmex |
Out Of Pocket Offering Costs
OutOfPocketOfferingCosts
|
12000 | usd |
CY2023 | mmex |
Shares Issued For Accrued Liability Related Parties Share
SharesIssuedForAccruedLiabilityRelatedPartiesShare
|
91414 | shares |
CY2023 | mmex |
Shares Issued For Accrued Liability Related Parties Value
SharesIssuedForAccruedLiabilityRelatedPartiesValue
|
1006 | usd |
CY2023 | mmex |
Warrants Issued For Debt Discount
WarrantsIssuedForDebtDiscount
|
235109718 | shares |
CY2023Q2 | us-gaap |
Warrants Not Settleable In Cash Fair Value Disclosure
WarrantsNotSettleableInCashFairValueDisclosure
|
17371 | usd |
CY2023 | mmex |
Shares Issued For Exercise Of Prefunded Warrants
SharesIssuedForExerciseOfPrefundedWarrants
|
16188264 | shares |
CY2022Q2 | us-gaap |
Preferred Stock Convertible Conversion Price
PreferredStockConvertibleConversionPrice
|
0.10 | |
CY2022Q2 | us-gaap |
Debt Instrument Convertible Conversion Price1
DebtInstrumentConvertibleConversionPrice1
|
0.05 | |
CY2023Q2 | us-gaap |
Debt Instrument Convertible Conversion Price1
DebtInstrumentConvertibleConversionPrice1
|
0.000058 | |
CY2023 | mmex |
Warrants Issued For Conversion Of Series B Preferred Stock
WarrantsIssuedForConversionOfSeriesBPreferredStock
|
528020153 | shares |
CY2023 | mmex |
Conversion Of Stock Shares Of Related Party Convertible Debt
ConversionOfStockSharesOfRelatedPartyConvertibleDebt
|
356 | usd |
CY2024 | mmex |
Warrant Grant
WarrantGrant
|
3000000 | shares |
CY2024 | mmex |
Warrants Issued As Stock Based Compensation
WarrantsIssuedAsStockBasedCompensation
|
28200 | usd |
CY2023 | mmex |
Proceeds From Issuance Of Debt Note
ProceedsFromIssuanceOfDebtNote
|
152672 | usd |
CY2023Q2 | mmex |
Class Of Warrants To Purchase Common Stock Shares In Conjunction With Issuance Of Debt
ClassOfWarrantsToPurchaseCommonStockSharesInConjunctionWithIssuanceOfDebt
|
3209208693 | shares |
CY2023Q2 | mmex |
Issuance Of Debt Warrants Exercise Price
IssuanceOfDebtWarrantsExercisePrice
|
0.000058 | |
CY2023 | mmex |
Warrant Grant
WarrantGrant
|
3000000 | shares |
CY2023 | mmex |
Warrants Issued As Stock Based Compensation
WarrantsIssuedAsStockBasedCompensation
|
495000 | usd |
CY2023 | mmex |
Warrants Modified The Terms Of Description
WarrantsModifiedTheTermsOfDescription
|
Series C and Series D warrants, from $0.10 to $0.05 | |
CY2023 | us-gaap |
Debt Conversion Converted Instrument Warrants Or Options Issued1
DebtConversionConvertedInstrumentWarrantsOrOptionsIssued1
|
686281 | shares |
CY2023 | mmex |
Warrants Conjuction With Sale
WarrantsConjuctionWithSale
|
686281 | shares |
CY2022Q2 | us-gaap |
Class Of Warrant Or Right Exercise Price Of Warrants Or Rights1
ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1
|
0.045 | |
CY2023 | us-gaap |
Proceeds From Notes Payable
ProceedsFromNotesPayable
|
15000 | usd |
CY2023 | us-gaap |
Valuation Allowances And Reserves Charged To Other Accounts
ValuationAllowancesAndReservesChargedToOtherAccounts
|
11991 | usd |
CY2023Q2 | us-gaap |
Class Of Warrant Or Right Number Of Securities Called By Each Warrant Or Right
ClassOfWarrantOrRightNumberOfSecuritiesCalledByEachWarrantOrRight
|
235109718 | shares |
CY2023Q2 | us-gaap |
Class Of Warrant Or Right Exercise Price Of Warrants Or Rights1
ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1
|
0.0000638 | |
CY2023 | mmex |
Warrants Term
WarrantsTerm
|
five-year | |
CY2024Q2 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
9442800957 | shares |
CY2024 | mmex |
Net Operating Loss Carryforwards
NetOperatingLossCarryforwards
|
23196985 | usd |
CY2024 | us-gaap |
Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
|
0.50 | pure |
CY2024Q2 | us-gaap |
Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
|
4876239 | usd |
CY2023Q2 | us-gaap |
Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
|
4550523 | usd |
CY2024Q2 | us-gaap |
Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
|
4876239 | usd |
CY2023Q2 | us-gaap |
Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
|
4550523 | usd |
CY2024Q2 | us-gaap |
Deferred Tax Assets Net
DeferredTaxAssetsNet
|
0 | usd |
CY2023Q2 | us-gaap |
Deferred Tax Assets Net
DeferredTaxAssetsNet
|
0 | usd |
CY2024 | mmex |
Change In Net Operating Loss Benefit
ChangeInNetOperatingLossBenefit
|
325716 | usd |
CY2023 | mmex |
Change In Net Operating Loss Benefit
ChangeInNetOperatingLossBenefit
|
418328 | usd |
CY2024 | us-gaap |
Valuation Allowance Deferred Tax Asset Change In Amount
ValuationAllowanceDeferredTaxAssetChangeInAmount
|
325716 | usd |
CY2023 | us-gaap |
Valuation Allowance Deferred Tax Asset Change In Amount
ValuationAllowanceDeferredTaxAssetChangeInAmount
|
-418328 | usd |
CY2024 | mmex |
Icome Tax Expense
IcomeTaxExpense
|
0 | usd |
CY2023 | mmex |
Icome Tax Expense
IcomeTaxExpense
|
0 | usd |