SCHEDULE OF PIPE CONVERTIBLE NOTES PAYABLE (Details) - USD ($) |
Jun. 30, 2025 |
Dec. 31, 2024 |
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Pipe Convertible Notes | ||
Total PIPE Convertible Notes, net | $ 4,068,953 | |
PIPE Convertible Notes issued | 2,800,000 | |
Less: Debt Discount associated with OID and Warrants | (280,000) | |
Total PIPE Convertible Notes, net | 6,588,953 | |
Less gross PIPE Convertible Note principal converted into Class A common stock | (3,213,000) | |
Add accretion of debt discount | 359,037 | |
Total PIPE Convertible Notes, net current and noncurrent | 3,734,990 | |
Less current portion | (3,734,990) | |
Total PIPE Convertible Notes, net | $ 4,068,953 |
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- Definition Convertible notes issued. No definition available.
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- Definition Debt instrument accretion of debt discount. No definition available.
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- Definition Debt instrument unamortized discount and warrants. No definition available.
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- References No definition available.
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- Definition Carrying value as of the balance sheet date of long term loans payable current and noncurrent. No definition available.
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- Definition Pipe note principal converted to class A common stock. No definition available.
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- Definition Including the current and noncurrent portions, carrying amount of debt identified as being convertible into another form of financial instrument (typically the entity's common stock) as of the balance sheet date, which originally required full repayment more than twelve months after issuance or greater than the normal operating cycle of the company. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Carrying value as of the balance sheet date of portion of long-term loans payable due within one year or the operating cycle if longer. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Carrying value as of the balance sheet date of loans payable (with maturities initially due after one year or beyond the operating cycle if longer), excluding current portion. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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