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STOCKHOLDERS' EQUITY (DEFICIT) (Tables)
 12 Months Ended
Dec. 31, 2024
Equity [Abstract]  
Schedule of Fair Value of Warrants The fair value of the Common Stocks or Prefunded Warrants was determined using the closing price of the stock at close of the SPA (Level 1 on the fair value hierarchy) and the fair value of the Warrants was determined using the Black Scholes model using the following inputs (Level 2 on the fair value hierarchy):

 

Warrants

Expected stock price volatility

156

%

Dividend yield

0

%

Risk-free interest rate

5

%

Expected life of the warrants (in years)

2.5

Schedule of Stock by Class The following table summarizes the designations, shares authorized, and shares outstanding for the Company’s Preferred Stock:

Preferred Stock Series Designation

 

Shares
Authorized

 

 

Shares
Outstanding

 

Series A

 

 

750,000

 

 

 

48,100

 

Series 1A

 

 

5,000

 

 

 

—

 

Series 1B

 

 

900

 

 

 

—

 

Series 1C

 

 

4,000

 

 

 

815

 

Series B-1

 

 

2,000

 

 

 

—

 

Series B-2

 

 

1,000

 

 

 

—

 

Series C

 

 

1,000

 

 

 

—

 

Series D

 

 

3,000

 

 

 

—

 

Series D-1

 

 

2,500

 

 

 

—

 

Series E

 

 

2,800

 

 

 

—

 

Series F

 

 

7,000

 

 

 

—

 

Series G

 

 

2,000

 

 

 

—

 

Series H

 

 

2,500

 

 

 

—

 

Series I

 

 

1,000

 

 

 

—

 

Series J

 

 

1,350

 

 

 

—

 

Series J-1

 

 

1,000

 

 

 

—

 

Series K

 

 

20,000

 

 

 

—

 

Series Z

 

 

1

 

 

 

—