Note Payable |
12 Months Ended |
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Dec. 31, 2024 | |
Debt Disclosure [Abstract] | |
Note Payable | Note 7 – Note Payable
During the year ended December 31, 2024, the Company issued promissory notes (the “Notes”) to certain lenders (the “Lenders”) in the aggregate principal amount for approximately $2.2 million (the “Principal”), for cash proceeds of approximately $1.6 million. The OID of $0.64 million was recorded as interest expense.
The Company has used $2.2 million of the Series G proceeds (see Note 9) to repay the outstanding promissory notes.
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