Notes Payable - Narrative (Details)
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3 Months Ended |
6 Months Ended |
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Dec. 31, 2024
USD ($)
$ / shares
shares
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Dec. 27, 2024
USD ($)
shares
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Nov. 04, 2024
USD ($)
day
$ / shares
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May 01, 2024
USD ($)
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Jan. 30, 2024
USD ($)
day
meeting
$ / shares
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Sep. 18, 2023
USD ($)
$ / shares
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Sep. 18, 2023
USD ($)
$ / shares
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Sep. 18, 2023
USD ($)
$ / shares
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Sep. 18, 2023
USD ($)
day
$ / shares
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Sep. 18, 2023
USD ($)
trading_day
$ / shares
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Jul. 14, 2023
USD ($)
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Sep. 09, 2022
USD ($)
shares
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Aug. 17, 2017
USD ($)
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Jun. 30, 2025
USD ($)
$ / shares
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Jun. 30, 2024
USD ($)
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Jun. 30, 2025
USD ($)
$ / shares
shares
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Jun. 30, 2024
USD ($)
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Jan. 03, 2025
$ / shares
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Dec. 11, 2024
USD ($)
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Jul. 22, 2024
$ / shares
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Dec. 31, 2023
USD ($)
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Jun. 19, 2020
USD ($)
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| Debt Instrument [Line Items] |
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| New convertible debentures |
$ 2,583,832
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$ 3,119,892
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$ 3,119,892
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| Gain (loss) on change in fair value of debentures |
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536,060
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$ (11,914,729)
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| Debenture warrants shares (in shares) | shares |
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2,922,425
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| Inclusive proceeds |
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$ 35,800,000
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| Fair value debenture warrants |
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20,949,110
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| Debt discount upon issuance totaling |
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21,679,716
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| Loss on extinguishment of debt |
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$ 0
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$ 0
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0
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78,734,949
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| Accretion of debt discount |
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$ 19,920
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392,611
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| Exit fee amount |
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$ 125,000
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| Fixed interest rate |
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12.50%
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| Common stock, par value (in dollars per share) | $ / shares |
$ 0.0001
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$ 0.0001
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$ 0.0001
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$ 0.0001
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| Total |
$ 30,084,215
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$ 30,810,366
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$ 30,810,366
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| Convertible debt |
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| Debt Instrument [Line Items] |
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| Fixed interest rate |
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100.00%
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100.00%
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100.00%
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100.00%
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100.00%
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| Common stock, par value (in dollars per share) | $ / shares |
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$ 0.0001
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$ 0.0001
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$ 0.0001
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$ 0.0001
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$ 0.0001
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| November 2024 Debentures |
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| Debt Instrument [Line Items] |
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| Gain (loss) on change in fair value of debentures |
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(187,866)
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0
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536,060
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0
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| November 2024 Debentures | Convertible debt |
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| Debt Instrument [Line Items] |
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| Aggregate principal amount |
2,150,000
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$ 1,150,000
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2,150,000
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2,150,000
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$ 1,000,000
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| Additional principal option available |
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$ 20,000,000
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| Original issue discount percentage |
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0.02
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| Legal fees associated with debt |
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$ 190,000
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| Percentage of promissory note |
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2.00%
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| Conversion price (in dollars per share) | $ / shares |
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$ 1.23
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| Conversion ratio |
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1.20
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| Conversion price floor (in dollars per share) | $ / shares |
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$ 0.246
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| Stock price trigger, threshold percentage |
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98.00%
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| Number of trading days | day |
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10
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| New convertible debentures |
$ 2,583,832
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$ 3,119,892
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$ 3,119,892
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| Debt term |
1 year 8 months 8 days
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1 year 2 months 8 days
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1 year 2 months 8 days
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| Gain (loss) on change in fair value of debentures |
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$ 187,866
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$ (536,060)
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| Original issue discount percentage |
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2.00%
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2.00%
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| Total |
$ 2,583,832
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$ 3,119,892
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$ 3,119,892
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| November 2024 Debentures | Convertible debt | Measurement Input, Share Price |
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| Debt Instrument [Line Items] |
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| Measurement inputs |
1.55
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0.90
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0.90
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| November 2024 Debentures | Convertible debt | Measurement Input, Risk Free Interest Rate |
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| Debt Instrument [Line Items] |
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| Measurement inputs |
0.0422
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0.0391
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0.0391
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| November 2024 Debentures | Convertible debt | Measurement Input, Price Volatility |
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| Debt Instrument [Line Items] |
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| Measurement inputs |
1.38
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1.75
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1.75
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| New Convertible Secured Debentures |
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| Debt Instrument [Line Items] |
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| Gain (loss) on change in fair value of debentures |
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$ 0
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(7,410,303)
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$ 0
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(11,914,729)
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| New Convertible Secured Debentures | Convertible debt |
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| Debt Instrument [Line Items] |
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| New convertible debentures |
$ 0
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$ 99,195,791
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83,797,224
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83,797,224
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| Gain (loss) on change in fair value of debentures |
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$ 7,410,303
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$ 11,914,729
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| Original issue discount percentage |
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5.00%
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5.00%
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| Debt instrument term |
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2 years 7 months 9 days
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2 years 2 months 8 days
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| Loss on extinguishment of debt |
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$ 78,734,949
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| New Convertible Secured Debentures | Convertible debt | Measurement Input, Share Price |
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| Debt Instrument [Line Items] |
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| Measurement inputs |
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16.52
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0.14
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0.14
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| New Convertible Secured Debentures | Convertible debt | Measurement Input, Risk Free Interest Rate |
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| Debt Instrument [Line Items] |
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| Measurement inputs |
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0.0423
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0.0467
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0.0467
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| New Convertible Secured Debentures | Convertible debt | Measurement Input, Price Volatility |
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| Debt Instrument [Line Items] |
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| Measurement inputs |
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1.21
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1.32
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1.32
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| Convertible Secured Debentures | Convertible debt |
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| Debt Instrument [Line Items] |
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| Aggregate principal amount |
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$ 36,530,320
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| Original issue discount percentage |
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|
0.05
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0.05
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0.05
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0.05
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0.05
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0.05
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| Conversion price (in dollars per share) | $ / shares |
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$ 0.4582
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| Conversion ratio |
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1.20
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| Conversion price floor (in dollars per share) | $ / shares |
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|
$ 0.0878
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| Stock price trigger, threshold percentage |
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|
98.00%
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| Number of trading days | day |
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|
10
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| Original issue discount percentage |
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2.00%
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| Debt instrument term |
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4 years
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| Minimum number of stockholder meetings required under convertible debt covenants | meeting |
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1
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| Bears interest rate |
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|
5.00%
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| Debt instrument, convertible, threshold proceeds of stock price trigger |
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|
$ 30,000,000
|
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| Debt instrument, convertible, interest rate |
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|
0.90
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| Convertible Secured Debentures | Convertible debt | ATW |
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| Debt Instrument [Line Items] |
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| Aggregate principal amount |
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|
|
$ 29,591,600
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| Convertible Secured Debentures | Convertible debt | Material Impact |
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| Debt Instrument [Line Items] |
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| Aggregate principal amount |
$ 5,102,000
|
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| Convertible debt, number of shares (in shares) | shares |
5,342
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| Floor price and alternate conversion price variance and interest cost on debt conversion to preference shares |
$ 240,219
|
|
|
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|
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| Convertible Secured Debentures | Convertible debt | Material Impact | Related Party |
|
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|
|
|
| Debt Instrument [Line Items] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Aggregate principal amount |
|
|
|
|
5,102,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Convertible Secured Debentures | Convertible debt | SLS Irrevocable Trust | Related Party |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Debt Instrument [Line Items] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Aggregate principal amount |
|
|
|
|
1,836,720
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Convertible Secured Debentures | Convertible debt | ATW Special Situations I LLC |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Debt Instrument [Line Items] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Aggregate principal amount |
|
$ 16,672,369
|
|
|
29,591,600
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Convertible debt, number of shares (in shares) | shares |
|
27,588
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Floor price and alternate conversion price variance and interest cost on debt conversion to preference shares |
|
$ 10,915,974
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Convertible Secured Debentures | Convertible debt | SLS Family Irrevocable Trust |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Debt Instrument [Line Items] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Aggregate principal amount |
$ 0
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Convertible debt, number of shares (in shares) | shares |
2,504
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Floor price and alternate conversion price variance and interest cost on debt conversion to preference shares |
$ 2,504,440
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Convertible Secured Debentures | Convertible debt | SLS Family Irrevocable Trust | Related Party |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Debt Instrument [Line Items] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Aggregate principal amount |
|
|
|
|
1,836,720
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Secured Promissory Note |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Debt Instrument [Line Items] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Aggregate principal amount |
|
|
|
|
|
|
|
|
|
|
$ 5,000,000
|
|
|
|
|
|
|
|
|
|
|
|
| Original issue discount percentage |
|
|
|
|
|
|
|
|
|
|
0.025
|
|
|
|
|
|
|
|
|
|
|
|
| Bears interest rate |
|
|
|
|
|
|
|
|
|
|
15.00%
|
|
|
|
|
|
|
|
|
|
|
|
| Secured Promissory Note | Secured Debt |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Debt Instrument [Line Items] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Accretion of debt discount |
|
|
|
|
|
|
|
|
|
|
$ 125,000
|
|
|
|
|
|
|
|
|
|
|
|
| Convertible senior secured term loan | Convertible debt |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Debt Instrument [Line Items] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Legal fees associated with debt |
|
|
|
|
|
$ 577,500
|
$ 577,500
|
$ 577,500
|
$ 577,500
|
$ 577,500
|
|
|
|
|
|
|
|
|
|
|
$ 72,000
|
|
| Conversion price (in dollars per share) | $ / shares |
|
|
|
|
|
$ 6.00
|
$ 6.00
|
$ 6.00
|
$ 6.00
|
$ 6.00
|
|
|
|
|
|
|
|
$ 1.59
|
|
|
|
|
| Debt term |
|
|
|
|
|
91 days
|
91 days
|
91 days
|
91 days
|
91 days
|
|
|
|
|
|
|
|
|
|
|
|
|
| Debt instrument term |
|
|
|
|
|
3 years
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Bears interest rate |
|
|
|
|
|
2.50%
|
2.50%
|
2.50%
|
2.50%
|
2.50%
|
|
|
|
|
|
|
|
|
|
|
|
|
| Accretion of debt discount |
|
|
|
|
|
|
$ 125,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Exit fee amount |
|
|
|
|
|
$ 290,000
|
$ 290,000
|
$ 290,000
|
$ 290,000
|
$ 290,000
|
|
|
|
|
|
|
|
|
|
|
|
|
| Fixed interest rate |
|
|
|
|
|
2.50%
|
2.50%
|
2.50%
|
2.50%
|
2.50%
|
|
|
|
|
|
|
|
|
|
|
|
|
| Receivable portion of convertible senior secured note payable |
|
|
|
|
$ 3,753,144
|
$ 20,000,000
|
$ 20,000,000
|
$ 20,000,000
|
$ 20,000,000
|
$ 20,000,000
|
|
|
|
|
|
|
|
|
|
|
695,000
|
|
| Days required for prior written notice for secured term loans |
|
|
|
|
|
|
|
|
5
|
2
|
|
|
|
|
|
|
|
|
|
|
|
|
| Interest rate percentage |
|
|
|
|
|
|
|
12.50%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Gain on interest expense |
|
|
|
|
|
|
378,118
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Total |
27,500,383
|
|
|
|
|
|
|
|
|
|
|
|
|
$ 25,287,311
|
|
$ 25,287,311
|
|
|
|
|
$ 12,295,000
|
|
| Convertible senior secured term loan | Convertible debt | Minimum |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Debt Instrument [Line Items] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Initial amount funded under convertible senior secured term loan agreement |
|
|
|
|
|
$ 11,600,000
|
$ 11,600,000
|
$ 11,600,000
|
$ 11,600,000
|
$ 11,600,000
|
|
|
|
|
|
|
|
|
|
|
|
|
| ATW Extended Maturity Loan | Convertible debt |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Debt Instrument [Line Items] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Debt instrument term |
|
|
|
|
30 years
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Senior Secured Term Loan Agreement |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Debt Instrument [Line Items] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Bears interest rate |
|
|
|
|
15.00%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Senior Secured Term Loan Agreement | Convertible debt |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Debt Instrument [Line Items] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Original issue discount percentage |
|
|
|
|
0.05
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Legal fees associated with debt |
|
|
|
$ 37,500
|
$ 1,237,291
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Conversion price (in dollars per share) | $ / shares |
|
|
|
|
$ 16.50
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Debt term |
|
|
|
|
91 days
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Debt instrument term |
|
|
|
30 years
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Accretion of debt discount |
|
|
|
|
|
|
|
|
|
|
|
|
|
10,025
|
$ 9,944
|
19,920
|
$ 19,868
|
|
|
|
|
|
| Receivable portion of convertible senior secured note payable |
|
|
|
$ 1,000,000
|
$ 9,551,856
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Days required for prior written notice for secured term loans | day |
|
|
|
|
5
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Additional secured term loans available |
|
|
|
|
$ 6,000,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Additional secured loans available, period to utilize option |
|
|
|
|
180 days
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Committed amount of debt |
|
|
|
|
$ 1,000,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Senior Secured Term Loan Agreement | Convertible debt | ATW Special Situations I and II LLCs |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Debt Instrument [Line Items] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Aggregate principal amount |
|
|
|
|
|
|
|
|
|
|
|
|
|
2,551,855
|
|
$ 2,551,855
|
|
|
|
|
|
|
| Convertible debt, number of shares (in shares) | shares |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
1,805,392
|
|
|
|
|
|
|
| Interest payable |
|
|
|
|
|
|
|
|
|
|
|
|
|
318,718
|
|
$ 318,718
|
|
|
|
|
|
|
| Senior Secured Term Loan Agreement | Convertible debt | Material Impact | Related Party |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Debt Instrument [Line Items] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Notes payable outstanding |
4,224,983
|
|
|
|
|
|
|
|
|
|
|
|
|
4,309,674
|
|
4,309,674
|
|
|
|
|
|
|
| Senior Secured Term Loan Agreement | Convertible debt | ATW Special Situations I LLC | Related Party |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Debt Instrument [Line Items] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Notes payable outstanding |
2,933,362
|
|
|
|
|
|
|
|
|
|
|
|
|
1,643,933
|
|
1,643,933
|
|
|
|
|
|
|
| SBA loan | Notes Payable to Banks |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Debt Instrument [Line Items] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Total |
0
|
|
|
|
|
|
|
|
|
|
|
|
|
485,300
|
|
485,300
|
|
|
|
|
|
|
| Notes payable outstanding |
|
|
|
|
|
|
|
|
|
|
|
|
|
485,300
|
|
485,300
|
|
|
|
|
|
|
| SBA loan | Notes Payable to Banks | SeaTrepid International, L.L.C |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Debt Instrument [Line Items] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Aggregate principal amount |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$ 485,300
|
| Bears interest rate |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
3.75%
|
| Ameristate loan | Notes Payable to Banks |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Debt Instrument [Line Items] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Total |
$ 0
|
|
|
|
|
|
|
|
|
|
|
|
|
1,917,863
|
|
1,917,863
|
|
|
|
|
|
|
| Notes payable outstanding |
|
|
|
|
|
|
|
|
|
|
|
|
|
$ 1,917,863
|
|
$ 1,917,863
|
|
|
|
|
|
|
| Debt-to-net worth ratio |
|
|
|
|
|
|
|
|
|
|
|
|
|
9.0
|
|
9.0
|
|
|
|
|
|
|
| Minimum debt service coverage ratio |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
1.0
|
|
|
|
|
|
|
| Ameristate loan | Notes Payable to Banks | SeaTrepid International, L.L.C |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Debt Instrument [Line Items] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Aggregate principal amount |
|
|
|
|
|
|
|
|
|
|
|
|
$ 2,335,000
|
|
|
|
|
|
|
|
|
|
| Percentage of promissory note |
|
|
|
|
|
|
|
|
|
|
|
|
2.50%
|
|
|
|
|
|
|
|
|
|