Debt (Tables)

12 Months Ended

Dec. 31, 2024

Debt

Schedule of carrying and fair values

As of December 31, 2024, the carrying and fair values of the Company’s debt were as follows:

	Face		Unamortized		Net		Fair
	Value		Discount		Value		Value
Restated Elusys Convertible Note	$	2,250,000	$	—	$	2,250,000	$	1,990,000
December 2024 Secured Convertible Notes		13,388,889		(1,338,889)		12,050,000		14,025,400
Total	$	15,638,889	$	(1,338,889)	$	14,300,000	$	16,015,400