Summary of Significant Accounting Policies (Details Narrative) - USD ($) |
1 Months Ended | 3 Months Ended | 12 Months Ended |
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Mar. 31, 2019 |
Mar. 31, 2021 |
Dec. 31, 2020 |
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Derivative asset | $ 0 | $ 1,220,209 | |
Derivative liability | 5,341,855 | 893,458 | |
Change in fair value of derivative asset | 5,668,606 | ||
Allowance for doubtful accounts | 217,057 | $ 217,057 | |
Dilutive common stock equivalents | 48,182,727 | ||
Cash in excess of FDIC insured amount | $ 3,701,120 | $ 3,726,783 | |
Term Loan Credit Agreement, description | the company is required at all times to maintain a minimum cash balance of $2,000,000 (the “MLR”). Within 30 days of the end of each quarter, commencing with the quarter ended June 30, 2019 | ||
Operating Account, Description | The aggregate amount of unencumbered cash held in any Operating Account is not to be less than (a) $1,000,000 for the period commencing on December 31, 2020 through and including April 29, 2020, (b) $1,750,000 for the period commencing on April 30, 2021 through and including June 29, 2021, and (c) $2,500,000 for the period commencing June 30, 2021 through and including the Maturity Date | ||
Elysium Energy [Member] | |||
Restricted cash | $ 1,428,236 | ||
Ichor Energy, LLC and Elysium Energy, LLC [Member] | |||
Restricted cash | 3,437,170 | ||
Ichor Energy [Member] | |||
Restricted cash | $ 2,008,234 |
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- Definition Amount of allowance for credit loss on accounts receivable. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The amount of cash deposited in financial institutions as of the balance sheet date that is insured by the Federal Deposit Insurance Corporation. No definition available.
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- Definition Fair value, after the effects of master netting arrangements, of a financial asset or other contract with one or more underlyings, notional amount or payment provision or both, and the contract can be net settled by means outside the contract or delivery of an asset. Includes assets not subject to a master netting arrangement and not elected to be offset. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Fair value, after the effects of master netting arrangements, of a financial liability or contract with one or more underlyings, notional amount or payment provision or both, and the contract can be net settled by means outside the contract or delivery of an asset, expected to be settled within one year or normal operating cycle, if longer. Includes assets not subject to a master netting arrangement and not elected to be offset. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of cash and cash equivalents restricted as to withdrawal or usage. Cash includes, but is not limited to, currency on hand, demand deposits with banks or financial institutions, and other accounts with general characteristics of demand deposits. Cash equivalents include, but are not limited to, short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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