Income Taxes (Tables)

12 Months Ended

Dec. 31, 2023

Income Tax Disclosure [Abstract]

Schedule of Components of Income Tax Expense (Benefit)

The components of (loss) income before income taxes are as follows:

	Year Ended December 31,
	2023			2022
Domestic		(12,614,259	)		(10,222,781	)
Foreign		(211,658	)		(2,939,936	)
Total		(12,825,917	)		(13,162,717	)

	Year Ended December 31,
Components of Tax Expense	2023			2022
Current — Federal				$	3,000
Current — State					(42,000	)
Total current		—			(39,000	)
Deferred — Federal	$	(2,701,000	)	$	(1,984,000	)
Deferred — State		(1,061,000	)		(639,000	)
Deferred — Foreign		16,297,000			(1,603,000	)
Change in Valuation Allowance		(12,535,000	)		4,191,000
Total deferred		—			(35,000	)
(Benefit from) provision for income taxes	$	—		$	(74,000	)
Effective income tax rate		—	%		0.56	%

Schedule of Reconciliation of the Federal Income Tax Effective Rate

The effective tax rate of the Company’s provision (benefit) for income taxes differs from the federal statutory rate for the years ended December 31, 2023 and 2022 as follows:

	Year Ended December 31,
	2023			2022
Tax computed at federal statutory rate		21.00	%		21.00	%
State Tax Provision/(Benefit) net of federal benefit		7.84	%		4.86	%
Earnings in jurisdictions taxed at rates different from the statutory    U.S. federal tax rate		(0.39	)%		0.36	%
Permanent difference related to change in fair value of derivatives		1.37	%		(1.91	)%
Permanent difference related to change in fair value of convertible notes		3.44	%		—	%
Permanent difference related to interest expense on convertible notes		(4.40	)%		—	%
Return to Provision		1.17	%		8.83	%
Change in valuation allowance		97.73	%		(31.84	)%
Warrants issued on conversion		—	%		(0.74	)%
Reduction in Foreign Jurisdiction Tax Rate		(127.76	)%		—	%
Income Tax Provision/(Benefit)		—	%		0.56	%

Schedule of Components of Deferred Tax Assets (Liabilities)

Deferred income taxes reflect the net tax effects of (a) temporary differences between the carrying amounts of assets and liabilities for financial reporting purposes and the amounts used for income tax purposes, and (b) operating losses and tax credit carryforwards. Significant components of deferred tax assets (liabilities) at December 31, 2023 and 2022 are as follows:

	December 31,
	2023			2022
Deferred tax assets
Federal Net Operating Loss		2,241,000			964,000
State Net Operating Loss		839,000			297,000
Foreign Net Operating Loss		8,886,000			24,965,000
Foreign Tax Credits		375,000			379,000
Foreign Accruals		421,000			936,000
Accruals		1,100,000			615,000
Capitalized Start up Costs		238,000			209,000
Capitalized Section 174 R&D		725,000			437,000
Right of Use Operating Lease ASC 842		1,242,000			1,183,000
Total deferred tax assets		16,067,000			29,985,000
Deferred tax liabilities
Right of Use Operating Lease ASC 842		—			(1,030,000	)
Depreciation		(37,000	)		(88,000	)
Total deferred tax liabilities		(37,000	)		(1,118,000	)
Total net deferred tax assets		16,030,000			28,867,000
Less: valuation allowance		(16,030,000	)		(28,867,000	)
Net deferred tax assets		—			—