Significant Accounting Policies (Tables)

9 Months Ended

Sep. 30, 2023

Accounting Policies [Abstract]

Schedule of Estimate Fair Value of Stock Options Granted

The following assumptions were used to estimate the fair value of stock options granted during the nine months ended September 30, 2023 and 2022 using the Black-Scholes option pricing model:

	2023	2022
Risk-free interest rate	4.00%	1.18%-2.95%
Expected life (years)	5.50-6.25	6.25
Expected volatility	113.0%	112.0%-115.0%
Dividend rate	0%	0%

Schedule of Components of Inventory

The components of inventory are summarized as follows:

	September 30, 2023		December 31, 2022
Raw materials	$	2,888,236	$	—
Work in process		1,026,058		—
Finished goods		1,157,916		—
Overhead		130,387		—
Total inventory	$	5,202,597	$	—