v3.24.2
Condensed Consolidated Balance Sheets (Q1) - USD ($)
Mar. 31, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 233,700,900 $ 2,572,700
Restricted cash 40,028,300 0
Prepaid expenses and other current assets 324,700 327,500
Accounts receivable, net 47,200 81,000
Total Current Assets 274,101,100 2,981,200
Property and equipment, net 23,700 29,200
Right-of-Use Assets, net 313,800 353,200
Total assets 274,438,600 3,363,600
Current liabilities:    
Accounts payable and accrued expenses 9,704,700 1,600,700
Convertible promissory notes 50,157,800 41,818,800
Related party payables $ 262,000 $ 0
Other Liability, Noncurrent, Related Party, Type [Extensible Enumeration] Related Party [Member] Related Party [Member]
Derivative liability $ 0 $ 17,282,500
Unearned revenue 3,717,200 4,413,100
Current portion of operating lease liability 163,100 160,300
Total current liabilities 64,004,800 65,275,400
Long-Term Operating lease liability 159,800 201,600
Convertible promissory notes 0 3,528,200
Derivative liability 0 1,120,300
Total Liabilities 64,164,600 70,125,500
Commitments and contingencies (Note 14)
Stockholders' equity:    
Preferred Stock $0.0001 par value - 1,000,000 shares authorized, 0 shares issued and outstanding at March 31, 2024 and December 31, 2023 0 0
Common Stock $0.0001 par value - 999,000,000 shares authorized, 136,700,583 and 87,500,000 shares issued and outstanding at March 31, 2024 and December 31, 2023 13,700 8,800
Paid in Capital 3,082,180,900 0
Accumulated Deficit (2,871,920,600) (66,770,700)
Total Stockholders' deficit 210,274,000 (66,761,900)
Total liabilities and Stockholders' deficit $ 274,438,600 $ 3,363,600