CONVERTIBLE DEBT (Details) |
3 Months Ended | |
---|---|---|
Mar. 31, 2025
USD ($)
individual
Lender
$ / shares
shares
|
Jan. 25, 2025
USD ($)
|
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CONVERTIBLE DEBT | ||
Gross Proceeds | $ 2,530,000 | |
2024 Convertible Notes | ||
CONVERTIBLE DEBT | ||
Conversion of debt to shares | shares | 2,542,059 | |
2025 Convertible Notes | ||
CONVERTIBLE DEBT | ||
Gross Proceeds | $ 2,530,000 | |
Interest rate | 20.00% | |
Conversion of debt to shares | shares | 2,313,630 | |
Number of individuals issued | individual | 12 | |
Number of lenders | Lender | 11 | |
Convertible debt amount | $ 500,000 | |
Convertible debt, at fair value | $ 2,529,384 | $ 2,530,000 |
2025 Convertible Notes | Minimum | ||
CONVERTIBLE DEBT | ||
Term | 30 days | |
Conversion Price | $ / shares | $ 1 | |
Optional conversion period | 30 days | |
2025 Convertible Notes | Maximum | ||
CONVERTIBLE DEBT | ||
Term | 1 year | |
Conversion Price | $ / shares | $ 1.15 | |
Optional conversion period | 90 days |
X | ||||||||||
- Definition The number of convertible debt notes issued by the entity during the reporting period. No definition available.
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- Definition Represents the optional conversion period for notes payable. No definition available.
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- Definition Represents the number of lenders. No definition available.
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- Definition Fair value portion of borrowing which can be exchanged for a specified number of another security at the option of the issuer or the holder, for example, but not limited to, the entity's common stock. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition The number of shares issued in exchange for the original debt being converted in a noncash (or part noncash) transaction. "Part noncash" refers to that portion of the transaction not resulting in cash receipts or payments in the period. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The amount of the original debt being converted in a noncash (or part noncash) transaction. "Part noncash" refers to that portion of the transaction not resulting in cash receipts or cash payments in the period. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The price per share of the conversion feature embedded in the debt instrument. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Contractual interest rate for funds borrowed, under the debt agreement. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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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 Period of time between issuance and maturity of debt instrument, in PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days. No definition available.
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- Definition The cash inflow from a borrowing supported by a written promise to pay an obligation. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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