v3.24.2
Consolidated Statement of Operations (FY) - USD ($)
3 Months Ended 12 Months Ended
Mar. 31, 2024
Dec. 31, 2023
Sep. 30, 2023
Jun. 30, 2023
Mar. 31, 2023
Dec. 31, 2023
Dec. 31, 2022
Income Statement [Abstract]              
Revenue $ 770,500       $ 1,116,200 $ 4,131,100 $ 1,470,500
Cost of revenue 93,400       41,300 164,900 54,500
Gross profit 677,100       1,074,900 3,966,200 1,416,000
Research and development 33,158,600 [1]       2,812,100 [1] 9,715,700 13,633,100
Sales and marketing 1,070,400 [1]       256,100 [1] 1,279,600 625,900
General and administration 64,795,100 [1]       1,836,300 [1] 8,878,700 10,345,600
Depreciation 5,600 [1]       16,300 [1] 59,600 58,700
Total costs and operating expenses [1] 99,029,700       4,920,800    
Loss from operation costs (98,352,600)       (3,845,900) (15,967,400) (23,247,300)
Interest expense (2,817,600)       (2,024,300) (39,429,100) (2,038,700)
Investment Income, Interest 28,800       0    
Loss on the extinguishment of debt (542,300)       0    
Change in fair value of derivative liabilities (225,916,000)       5,659,900 (2,791,600) 75,809,900
Income/(loss) from operations before income taxes (327,599,700)       (210,300) (58,188,100) 50,523,900
Income tax expense 0       0 1,100 200
Net profit/(loss) $ (327,599,700) $ (9,177,900) $ (26,033,100) $ (22,768,100) $ (210,300) $ (58,189,200) $ 50,523,700
Profit/(loss) per Share attributable to common stockholders:              
Basic (in dollars per share) $ (3.61)       $ 0.00    
Diluted (in dollars per share) [2] $ (3.61)       $ 0.00    
Weighted Average Shares used to compute net profit/ loss per share attributable to common stockholders:              
Basic (in shares) 90,743,994       87,500,000    
Diluted (in shares) 90,743,994       87,500,000    
[1] Costs of operating expenses include stock based compensation expense as follows:
[2] Loss per share attributable to common stockholders for diluted calculation is based on the Basic weighted shares as these are not dilutive. The Basic and diluted loss per share attributable to common stockholders are therefore the same.