Common and Preferred Stock (Details) - USD ($) |
6 Months Ended | |
|---|---|---|
Jun. 11, 2026 |
Jun. 30, 2026 |
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| Common And Preferred Stock | ||
| Stock Price | $ 4.50 | $ 4.53 |
| Risk-free rate | 3.80% | 3.90% |
| Equity volatility | 90.00% | 95.00% |
| Expected Term | 4 months | 3 months 12 days |
| Probability of redemption | 75.00% | 75.00% |
| Probability of conversion | 25.00% | 25.00% |
| Discount for lack of marketability | 12.00% | 12.00% |
| Embedded derivative fair value | $ 1,593,474 | $ 1,654,795 |
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- References No definition available.
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- Definition Net fair value as of the balance sheet date of the embedded derivative or group of embedded derivatives classified as assets, net of those classified as liabilities. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition The estimated measure of the percentage by which a share price is expected to fluctuate during a period. Volatility also may be defined as a probability-weighted measure of the dispersion of returns about the mean. The volatility of a share price is the standard deviation of the continuously compounded rates of return on the share over a specified period. That is the same as the standard deviation of the differences in the natural logarithms of the stock prices plus dividends, if any, over the period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The risk-free interest rate assumption that is used in valuing an option on its own shares. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Expected term of award under share-based payment arrangement, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents reported fact of one year, five months, and thirteen days. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Per share or per unit amount of equity securities issued. No definition available.
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