Standby Equity Purchase Agreements (Details Narrative) - Yorkville [Member] - USD ($) $ in Thousands |
1 Months Ended | 6 Months Ended |
---|---|---|
Apr. 21, 2025 |
Jun. 30, 2025 |
|
Standby Equity Purchase Agreement [Member] | ||
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items] | ||
Number of shares issued | 35,400,000 | |
Proceeds from sale of shares | $ 564 | |
2025 Convertible note, net (Third-Party) [Member] | ||
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items] | ||
Loan description | Company entered into a Standby Equity Purchase Agreement (“2025 SEPA) with YA, pursuant to which the Company has the right, but not the obligation, to issue and sell to YA, and YA shall purchase from the Company, up to $25,000 in aggregate gross purchase price of newly issued fully paid shares of the Company’s Class A common stock. The 2025 SEPA shall terminate on the earliest of (i) April 21, 2028 and (ii) the date on which YA shall have made payment of any advances requested pursuant to the 2025 SEPA for shares of Common Stock equal to $25,000. Each sale that the Company requests under the 2025 SEPA (an “Advance”) may be for a number of shares of Common Stock that the Company may determine, subject to certain limitations set forth in the 2025 SEPA. The shares of common stock purchased pursuant to an Advance delivered by the Company will be purchased at a price equal to 97% of the lowest daily VWAP of the shares of Common Stock during the three consecutive trading days commencing on the date of the delivery of the Advance, other than the daily VWAP on a day in which the daily VWAP is less than a minimum acceptable price as stated by the Company in the Advance Notice or there is no VWAP on the subject trading day. | |
Commitment fee | $ 500 |