Fair Value of Financial Liabilities - Schedule of Changes in Fair Value of the Derivative Liabilities and Warrant Liabilities (Details) - USD ($) |
3 Months Ended | |
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Mar. 31, 2025 |
Mar. 31, 2024 |
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Warrant liabilities: | ||
(Gain) loss on fair value of warrant liability | $ (825,989) | $ 4,181,298 |
Recurring | ||
Warrant liabilities: | ||
Balance, beginning of period | 2,690,605 | |
Balance, end of period | 1,864,616 | |
Level 3 | Recurring | ||
Warrant liabilities: | ||
Balance, beginning of period | 2,690,605 | 2,152,188 |
Issuance of warrants | 3,239,711 | |
(Gain) loss on fair value of warrant liability | (825,989) | 4,181,298 |
Balance, end of period | $ 1,864,616 | $ 9,573,197 |
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- Definition Issuance of warrants. No definition available.
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- Definition Amount of expense (income) related to adjustment to fair value of warrant liability. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- References No definition available.
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- Definition Value of outstanding derivative securities that permit the holder the right to purchase securities (usually equity) from the issuer at a specified price. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Details
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