SERIES 1C PREFERRED STOCK - Additional Information (Details) - USD ($) |
6 Months Ended | 8 Months Ended | ||
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Oct. 17, 2024 |
Jun. 30, 2025 |
Jun. 30, 2025 |
Jun. 30, 2024 |
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Class of Stock [Line Items] | ||||
Shares issued | 48,100 | |||
Series I C Preferred Stock | ||||
Class of Stock [Line Items] | ||||
Gross proceeds from securities | $ 1,900,000 | |||
Shares issued | 1,900 | |||
Purchase price of share | $ 1,000 | |||
Percentage of securities purchased by officers directors and advisory board members | 75.00% | |||
Gross proceeds received | $ 815,000 | |||
Preferred stock, dividend rate | 10.00% | |||
Preferred stock dividend rate increase percentage | 15.00% | |||
Accrued dividends | $ 135,528 | 135,528 | ||
Stated value of preferred stock | $ 2,015,528 | $ 2,015,528 | ||
Preferred stock conversion price | $ 2.5 | |||
Preferred stock conversion terms | The Series 1C Preferred Stock is convertible into common stock at any time after April 17, 2025 at the option of the holder at an initial fixed conversion price of $2.50 per share of common stock; however, the holder may not convert any portion to the extent that the holder would beneficially own more than 4.99% of the Company's outstanding shares of Common Stock outstanding immediately after giving effect to the conversion. | |||
Maximum outstanding shares owned, percentage | 4.99% | |||
Preferred stock, conversion, required common share price, term | 20 days | |||
Stated value percentage | 110.00% | |||
Series I C Preferred Stock | Minimum | ||||
Class of Stock [Line Items] | ||||
Percentage of conversion price to redeem preferred stock | 300.00% |
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- Definition Percentage of conversion price to redeem preferred stock. No definition available.
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- Definition Percentage of securities purchased by officers directors and advisory board members. No definition available.
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- Definition Preferred Stock, Conversion, Required Common Share Price, Term No definition available.
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- Definition Preferred stock dividend rate increase percentage. No definition available.
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- Definition Preferred stock stated value. No definition available.
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- Definition Stated value percentage. No definition available.
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- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Description of conversion terms for preferred stock. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Carrying value as of the balance sheet date of dividends declared but unpaid on equity securities issued by the entity and outstanding. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Per share conversion price of preferred stock. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The percentage rate used to calculate dividend payments on preferred stock. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The cash inflow from issuance of preferred stocks identified as being convertible into another form of financial instrument, typically the entity's common stock. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Number of shares of stock issued as of the balance sheet date, including shares that had been issued and were previously outstanding but which are now held in the treasury. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Per share or per unit amount of equity securities issued. No definition available.
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