v3.25.2
RESTATEMENT OF PREVIOUSLY ISSUED CONSOLIDATED FINANCIAL STATEMENTS AND PREVIOUSLY ISSUED UNAUDITED INTERIM CONDENSED CONSOLIDATED FINANCIAL STATEMENTS - Consolidated Statements of Operations (Details) - USD ($)
 3 Months Ended 6 Months Ended 9 Months Ended 12 Months Ended
Mar. 31, 2025
Sep. 30, 2024
Jun. 30, 2024
Mar. 31, 2024
Jun. 30, 2024
Sep. 30, 2024
Dec. 31, 2024
Dec. 31, 2023
Error Corrections and Prior Period Adjustments Restatement [Line Items]                
General and administrative $ 2,078,805 $ 1,796,774 $ 1,940,448 $ 2,652,795 $ 4,593,243 $ 6,390,017 $ 8,807,651 $ 11,117,525
Interest expense 193,480 1,076,607 1,115,953 1,191,862 2,307,815 3,384,422 3,346,896 864,535
Change in fair value of debt 256,522     0        
Loss on issuance of debt (707,800)     0        
Loss on extinguishment of debt (5,497,516) (1,303,969) (10,293,834) 0 (10,293,834) (11,597,803) (20,504,307) 0
Loss before provision for income taxes (16,611,425) (4,345,725) (12,638,883) (5,705,098) (18,343,981) (22,689,706) (34,515,754) (20,710,446)
Net Income (Loss) (16,611,425) $ (4,345,725) $ (12,638,883) (5,705,098) $ (18,343,981) $ (22,689,706) $ (34,515,754) $ (20,710,446)
Net loss available to common shareholders $ (9,289,755)     $ (5,705,098)        
Net loss per common share, basic $ (0.28) [1] $ (1.11) $ (7.57) $ (6.18) [1] $ (14.15) $ (10.41) $ (5.91) [2] $ (0.63) [2]
Net loss per common share, diluted $ (0.28) [1] $ (1.11) $ (7.57) $ (6.18) [1] $ (14.15) $ (10.41) $ (5.91) [2] $ (0.63) [2]
Senior Convertible Notes [Member]                
Error Corrections and Prior Period Adjustments Restatement [Line Items]                
Loss on extinguishment of debt $ (1,682,641)              
Originally Reported [Member]                
Error Corrections and Prior Period Adjustments Restatement [Line Items]                
General and administrative   $ 1,941,085 $ 2,111,018 $ 2,889,345 $ 5,000,363 $ 6,941,448   $ 11,223,449
Interest expense   929,046 941,614 950,867 1,892,481 2,821,527   754,549
Change in fair value of debt 28,997              
Loss on extinguishment of debt (3,386,416) (1,339,017) (10,346,108)   (10,346,108) (11,685,125)    
Loss before provision for income taxes (14,020,050) (4,377,522) (12,687,388) (5,700,653) (18,388,041) (22,765,563)   (20,706,384)
Net Income (Loss) (14,020,050) $ (4,377,522) $ (12,687,388) $ (5,700,653) $ (18,388,041) $ (22,765,563)   $ (20,706,384)
Net loss available to common shareholders $ (6,698,380)              
Net loss per common share, basic $ (0.2) $ (1.12) $ (7.6) $ (0.15) $ (14.18) $ (10.45)   $ (0.63)
Net loss per common share, diluted $ (0.2) $ (1.12) $ (7.6) $ (0.15) $ (14.18) $ (10.45)   $ (0.63)
Restatement Adjustment [Member] | Junior Note Deferred Financing Cost [Member]                
Error Corrections and Prior Period Adjustments Restatement [Line Items]                
General and administrative   $ (144,311) $ (170,570) $ (236,550) $ (407,120) $ (551,431)   $ (105,924)
Interest expense   144,311 170,570 236,550 407,120 551,431   105,924
Restatement Adjustment [Member] | Indigo Convertible Notes [Member]                
Error Corrections and Prior Period Adjustments Restatement [Line Items]                
Change in fair value of debt $ 227,525              
Loss on issuance of debt (707,800)              
Loss on extinguishment of debt (2,111,100)              
Loss before provision for income taxes (2,591,375)              
Net Income (Loss) (2,591,375)              
Net loss available to common shareholders $ (2,591,375)              
Net loss per common share, basic $ (0.08)              
Net loss per common share, diluted $ (0.08)              
Restatement Adjustment [Member] | Senior Convertible Notes [Member]                
Error Corrections and Prior Period Adjustments Restatement [Line Items]                
Interest expense   3,250 3,769 4,445 8,214 11,464   4,062
Loss on extinguishment of debt   35,048 52,274   52,274 87,322    
Loss before provision for income taxes   31,797 48,505 (4,445) 44,060 75,857   (4,062)
Net Income (Loss)   $ 31,797 $ 48,505 $ (4,445) $ 44,060 $ 75,857   $ (4,062)
Net loss per common share, basic   $ 0.01 $ 0.03   $ 0.03 $ 0.03    
Net loss per common share, diluted   $ 0.01 $ 0.03   $ 0.03 $ 0.03    
[1] Periods presented have been adjusted to reflect the 1-for-40 reverse stock split on July 23, 2024. See Note 2 – Summary of Significant Accounting Policies for additional information.
[2] Periods presented have been adjusted to reflect the 1-for-40 reverse stock split on July 23, 2024. See Note 2 – Summary of Significant Accounting Policies for additional information.