v3.25.2
STOCKHOLDERS' DEFICIT (Tables)
12 Months Ended
Dec. 31, 2024
STOCKHOLDERS' DEFICIT  
Schedule of common stock reserved for future issuance

Legacy Warrants

77,494

Public Warrants

9,200,000

Private Placement Warrants

3,040,000

July 2024 Warrants

750,000

Legacy Options

473,929

2023 Equity Incentive Plan

2,113,405

Total

15,654,828

Schedule of common stock issued to extinguish obligations to certain vendors and lenders

Issuance Date

Shares Issued

Fair Value

9/12/2024*

2,433,550

$

2,652,570

9/12/2024*

1,326,125

1,445,476

9/12/2024

189,375

206,419

9/24/2024

1,557,796

1,962,823

9/24/2024

269,648

339,756

11/13/2024

72,800

60,861

11/13/2024

136,000

113,696

12/27/2024

206,234

247,481

6,534,776

$

7,461,574

* Related party transaction. See Note 18 – Related Party Transactions for additional information.

Schedule of common stock issued to vendors as consideration for services to be performed

Issuance Date

Shares Issued

Fair Value

7/25/2024

150,000

$

178,500

12/1/2024

100,000

91,000

12/1/2024

35,000

31,850

12/27/2024

600,000

1,428,000

885,000

$

1,729,350

Schedule of warrant activity

    

    

    

Weighted-average

Weighted-average  

  Remaining  

    

Warrants

    

Exercise Price

    

Contractual Life

Outstanding at January 1, 2023

77,494

$

3.61

9.2

Issued

 

 

 

Assumed

 

 

 

Expired

 

 

 

Outstanding at December 31, 2023

77,494

$

3.61

8.2

Issued

 

 

 

Assumed

 

12,990,000

 

11.50

 

Expired

 

 

 

Outstanding at December 31, 2024

 

13,067,494

$

11.45

 

4.6

Exercisable at December 31, 2024

 

13,067,494

$

11.45

 

4.6