Fair Value Measurements (Tables)
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12 Months Ended |
Dec. 31, 2024 |
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| Fair Value Measurements |
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| Schedule of fair value information on recurring basis |
| | | | | | | | | | | | | December 31, 2024 | | Fair Value | | (Level 1) | | (Level 2) | | (Level 3) | Liabilities: | | | | | | | | | | | | | Exchange Note | | $ | 1,499,000 | | $ | — | | $ | — | | $ | 1,499,000 | Equity line of credit | | $ | 80,000 | | $ | — | | $ | — | | $ | 80,000 | Quantum Convertible Note, related party | | $ | 3,248,000 | | $ | — | | $ | — | | $ | 3,248,000 | September 2024 Convertible Note | | $ | 2,094,000 | | $ | — | | $ | — | | $ | 2,094,000 | Common stock issuance obligation | | $ | 69,621 | | $ | 69,621 | | $ | — | | $ | — | | | | | | | | | | | | | | June 24, 2024 | | Fair Value | | (Level 1) | | (Level 2) | | (Level 3) | Liabilities: | | | | | | | | | | | | | Exchange Note | | $ | 6,155,925 | | $ | — | | $ | — | | $ | 6,155,925 | Equity line of credit | | $ | 694,512 | | $ | — | | $ | — | | $ | 694,512 | Extension Note - Bifurcated Derivative | | $ | 33,000 | | $ | — | | $ | — | | $ | 33,000 | Additional Bridge Notes | | $ | 466,646 | | $ | — | | $ | — | | $ | 466,646 | Common stock issuance obligation | | $ | 619,935 | | $ | 619,935 | | $ | — | | $ | — |
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| Schedule of changes in the fair value of financial liabilities |
| | | | | | | | | | | | | | | | | | | | | | | | | | | Extension Note - | | | | | Quantum | | | | | | | | | | | | | | | | | | Bifurcated | | Exchange | | Convertible | | Additional | | | | | ELOC Commitment | | September 2024 | | | | | | Derivative | | Note | | Note | | Bridge Notes | | ELOC | | Fee Note | | Convertible Note | | Total | Fair value as of December 31, 2023 | | $ | — | | $ | — | | $ | — | | $ | — | | $ | — | | $ | — | | $ | — | | $ | — | Fair value as of June 24, 2024 | | | 33,000 | | | 6,155,925 | | | — | | | 466,646 | | | 694,512 | | | — | | | — | | | 7,350,083 | Initial fair value at issuance | | | — | | | — | | | 4,618,234 | | | — | | | — | | | 595,000 | | | 2,000,000 | | | 7,213,234 | Settlement of Extension Note | | | (33,000) | | | — | | | — | | | — | | | — | | | — | | | — | | | (33,000) | Repayment on Notes | | | — | | | (61,429) | | | — | | | (52,680) | | | — | | | — | | | (38,889) | | | (152,998) | (Gain) Loss due to extiguishment of debt | | | — | | | — | | | — | | | — | | | — | | | (5,000) | | | — | | | (5,000) | Shares issued upon conversions of portion of notes | | | — | | | (1,067,740) | | | — | | | (140,417) | | | — | | | (79,500) | | | — | | | (1,287,657) | (Gain) Loss on change in fair value | | | — | | | (3,527,756) | | | (1,370,234) | | | (273,549) | | | (614,512) | | | (510,500) | | | 132,889 | | | (6,163,662) | Fair value as of December 31, 2024 | | $ | — | | $ | 1,499,000 | | $ | 3,248,000 | | $ | — | | $ | 80,000 | | $ | — | | $ | 2,094,000 | | $ | 6,921,000 |
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| Quantum Convertible Note |
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| Fair Value Measurements |
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| Schedule of key inputs |
| | | | | | | | | | December 31, 2024 | | June 25, 2024 | | Risk-free interest rate | | | 4.20 | % | | 5.10 | % | Expected term (years) | | | 1.50 | | | 1.00 | | Volatility | | | 138.00 | % | | 125.00 | % | Stock price | | $ | 1.36 | | $ | 8.00 | | Debt discount rate | | | 9.30 | % | | 37.35 | % |
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| Extension Note - Bifurcated Derivative |
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| Fair Value Measurements |
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| Schedule of key inputs |
| | | | | | June 24, 2024 | | CCC bond rates | | 14.36 | % | Expected term (years) | | <0.1 | |
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| Additional Bridge Notes |
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| Fair Value Measurements |
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| Schedule of key inputs |
| | | | | | | | | | | | | November 26, 2024 | | August 2, 2024 | | June 24, 2024 | | Risk-free interest rate | | | 4.33 | % | | 4.35 | % | | 5.42 | % | Expected term (years) | | | 0.66 | | | 0.98 | | | 0.91 | | Volatility | | | 173.00 | % | | 103.00 | % | | 110.00 | % | Stock price | | $ | 2.03 | | $ | 4.25 | | $ | 12.11 | | Debt discount rate | | | 36.40 | % | | 40.60 | % | | 41.12 | % |
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| Exchange Note |
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| Fair Value Measurements |
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| Schedule of key inputs |
| | | | | | | | | | | | | | | | December 31, 2024 | | November 26, 2024 | | August 8, 2024 | | June 24, 2024 | | Risk-free interest rate | | | 4.08 | % | | 4.27 | % | | 4.33 | % | | 4.98 | % | Expected term (years) | | | 0.98 | | | 1.08 | | | 1.38 | | | 1.48 | | Volatility | | | 156.00 | % | | 148.00 | % | | 114.24 | % | | 110.20 | % | Stock price | | $ | 1.36 | | $ | 2.03 | | $ | 3.11 | | $ | 12.11 | | Debt discount rate | | | 42.50 | % | | 42.00 | % | | 47.71 | % | | 48.79 | % |
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| Equity Line of Credit |
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| Fair Value Measurements |
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| Schedule of key inputs |
| | | | | | | | | | December 31, 2024 | | June 24, 2024 | | Risk-free interest rate | | | 4.26 | % | | 4.46 | % | Expected term (years) | | | 2.51 | | | 3.00 | | Volatility | | | 124.00 | % | | 105.80 | % | Stock price | | $ | 1.36 | | $ | 12.11 | |
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| ELOC Commitment Fee Note |
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| Fair Value Measurements |
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| Schedule of key inputs |
| | | | | | | | | | December 12, 2024 | | July 2, 2024 | | Risk-free interest rate | | | — | % | | 5.50 | % | Expected term (years) | | | — | | | 0.22 | | Volatility | | | — | % | | 88.00 | % | Stock price | | $ | 1.59 | | $ | 10.50 | | Principal discount factor | | | — | | | 0.99 | |
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| September 2024 Convertible Note |
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| Fair Value Measurements |
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| Schedule of key inputs |
| | | | | | | | | | December 31, 2024 | | September 30, 2024 | | Risk-free interest rate | | | 4.27 | % | | 3.75 | % | Expected term (years) | | | 4.75 | | | 1.50 | | Volatility | | | 113.00 | % | | 114.00 | % | Stock price | | $ | 1.36 | | $ | 1.49 | | Note calibration discount | | | 15.60 | % | | 18.80 | % |
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