Summary of Significant Accounting Policies (Tables)
|
6 Months Ended |
Jun. 30, 2025 |
Summary of Significant Accounting Policies [Abstract] |
|
Schedule of Financial Assets and Liabilities Based on Fair Value Measurement |
Financial assets and liabilities are classified in their entirety based on the most conservative level of input that is significant to
the fair value measurement.
| |
Fair value measurements at reporting date using: | |
| |
Fair value | | |
Quoted prices in active markets
for identical
assets or
liabilities (Level 1) | | |
Significant other
observable inputs
(Level 2) | | |
Significant unobservable inputs
(Level 3) | |
Assets: | |
| | |
| | |
| | |
| |
Cash equivalents, June 30, 2025 | |
$ | 8,257,103 | | |
$ | 8,257,103 | | |
$ | - | | |
$ | - | |
Cash equivalents, December 31, 2024 | |
$ | - | | |
$ | - | | |
$ | - | | |
$ | - | |
| |
| | | |
| | | |
| | | |
| | |
Liabilities: | |
| | | |
| | | |
| | | |
| | |
Representative warrant liabilities, June 30, 2025 | |
$ | 132,447 | | |
$ | - | | |
$ | - | | |
$ | 132,447 | |
| |
| | | |
| | | |
| | | |
| | |
Liabilities: | |
| | | |
| | | |
| | | |
| | |
Representative warrant liabilities, December 31, 2024 | |
$ | 24,486 | | |
$ | - | | |
$ | - | | |
$ | 24,486 | |
|
Schedule of Reconciliation of the Level 3 Private Warrants liabilities |
The following tables present a reconciliation of the Level 3 Representative
Warrants liabilities:
| |
Three Months Ended June 30, | |
| |
2025 | | |
2024 | |
Representative warrant liabilities, April 1 | |
$ | 10,971 | | |
$ | - | |
Change in fair value | |
| 121,476 | | |
| - | |
Representative warrant liabilities, June 30 | |
$ | 132,447 | | |
$ | - | |
| |
Six
Months Ended June 30, | |
| |
2025 | | |
2024 | |
Representative warrant liabilities, January 1 | |
$ | 24,486 | | |
$ | - | |
Change in fair value | |
| 107,961 | | |
| - | |
Representative warrant liabilities, June 30 | |
$ | 132,447 | | |
$ | - | |
|
Schedule of Net Loss Per Share Calculation |
The following table details the net loss per share
calculation, reconciles between basic and diluted weighted average shares outstanding, and presents the potentially dilutive shares that
are excluded from the calculation of the weighted average diluted common shares outstanding, because their inclusion would have been anti-dilutive:
| |
For the Three Months Ended | | |
For the Six Months Ended | |
| |
June 30, | | |
June 30, | |
| |
2025 | | |
2024 | | |
2025 | | |
2024 | |
Numerator: | |
| | |
| | |
| | |
| |
| |
| | |
| | |
| | |
| |
Net loss | |
$ | (4,093,231 | ) | |
$ | (451,639 | ) | |
$ | (6,327,213 | ) | |
$ | (1,123,683 | ) |
| |
| | | |
| | | |
| | | |
| | |
Weighted-average common shares outstanding, basic and diluted | |
| 33,952,418 | | |
| 15,678,898 | | |
| 30,755,807 | | |
| 15,678,898 | |
| |
| | | |
| | | |
| | | |
| | |
Basic and diluted loss per share | |
$ | (0.12 | ) | |
$ | (0.03 | ) | |
$ | (0.21 | ) | |
$ | (0.07 | ) |
|
Schedule of Common Share Equivalents are Excluded from the Calculation of Weighted Average Common Shares Outstanding |
The following common share equivalents are excluded
from the calculation of weighted average common shares outstanding, because their inclusion would have been anti-dilutive:
| |
As of June 30, | |
| |
2025 | | |
2024 | |
Warrants | |
| 5,071,319 | | |
| 12,030,000 | |
Preferred Shares B | |
| 6,250,000 | | |
| - | |
Total potentially dilutive shares | |
| 11,321,319 | | |
| 12,030,000 | |
|