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STATEMENTS OF CASH FLOWS - USD ($)
6 Months Ended 12 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Dec. 31, 2023
Dec. 31, 2022
Cash flows from operating activities        
Net loss $ (4,512,568) $ (12,711,060) $ (12,825,917) $ (13,088,717)
Adjustment to reconcile net loss to net cash used in operating activities        
Share-based compensation 30,509 298,444 275,418 560,060
Depreciation 53,585 77,238 144,045 151,873
Accretion of discount on convertible notes payable 423,283 994,944 2,511,296 0
Change in fair value of warrant liability 0 187,857 (2,100,123) 75,000
Change in fair value of derivative liability 352,998 560,233 (837,146) (92,110)
Loss on extinguishment of debt 0 1,014,368 15,490 467,073
Cancellation of trade liability (207,967) 0    
Issuance of shares for financing fee 0 250,000 250,000 250,000
Impairment loss on operating right-of-use asset 0 3,513,999 3,513,999 0
Loss on disposal of equipment 1,216 79,495 79,495 0
Amortization of right-of-use lease asset 0 167,073 167,073 634,611
Change in fair value of convertible note payable     0 1,186,800
Accretion of the operating lease liability     388,501 0
Changes in operating assets and liabilities        
Prepaid expenses and other current assets 895,591 1,262,146 569,403 (698,741)
Other noncurrent asset (1,936) 0 (7,700) 0
Accounts payable (128,820) 1,517,293 2,234,921 816,037
Accrued expenses and other current liabilities 837,409 647,879 1,600,486 1,771,097
Operating lease liability 164,281 26,734 (177,111) (87,838)
Other noncurrent liabilities (230,650) (560,150) (560,150) 569,230
Net cash used in operating activities (2,323,069) (2,673,507) (4,758,020) (7,485,625)
Cash flows from investing activities        
Purchase of property and equipment     0 (142,249)
Sale of property and equipment 66,500 0    
Net cash used in investing activities 66,500 0 0 (142,249)
Cash flows from financing activities        
Proceeds from issuance of common shares     105,317 5,177,163
Proceeds from exercise of warrants 0 400,000 1,029,920 0
Repayment of Insurance Financing Note     (921,576) 0
Proceeds from Insurance Financing Note     631,993 0
Repayment of Insurance Financing Note (631,993) (691,182)    
Repayment of Promissory Note     (300,000) 0
Proceeds from completion of business combination     0 3,910,375
Settlement of forward purchase agreement     0 (3,802,623)
Proceeds from net shareholder contributions     0 1,250,298
Net cash provided by financing activities 2,116,667 2,028,049 4,281,285 8,135,213
Net decrease in cash (139,902) (645,458) (476,735) 507,339
Effect of exchange rate changes on cash (5,973) 25,236 23,793 (55,225)
Cash and restricted cash, beginning of year 441,649 894,591 894,591 442,477
Cash and restricted cash, end of year 295,774 274,369 441,649 894,591
Components of cash, cash equivalents and restricted cash        
Cash 235,774 214,369 381,649 654,892
Restricted cash 60,000 60,000 60,000 239,699
Total cash, cash equivalents and restricted cash 295,774 274,369 441,649 894,591
Supplemental disclosures of non-cash financing activities:        
Cash paid for interest 56,683 0 0 0
Cash paid for taxes 0 0 0 8,844
Non-cash investing and financing activities:        
Exchange of April 2023 Convertible Note for December 2023 Convertible Note 250,600 0    
Capital Contribution from Extinguishment of Ignyte Sponsor Promissory Note 0 211,643 211,643 0
Exchange of related party loans for convertible notes, related party 0 1,130,775 1,130,775 0
Fair value of warrants issued with convertible notes, related party 0 786,967    
Fair value of warrants issued with convertible notes 0 1,615,194    
Fair value of derivative issued with convertible notes 0 849,146    
Fair value of warrants exercised and reclassified to additional paid in capital 0 244,261 761,568 0
Fair value of warrants reclassified to additional paid in capital     65,469 0
Purchase of property and equipment included in accounts payable     0 33,060
Warrant liability assumed in Business Combination     0 450,000
Related party loan assumed in Business Combination     0 211,953
Convertible notes payable and derivative liability assumed in Business Combination     0 1,512,500
Related party loan entered into for settlement of accrued expenses     0 400,000
Shares issued for settlement of related party loan and accrued interest     0 502,740
Financing received for annual insurance policy     0 921,576
Shares issued for settlement of convertible notes payable and accrued interest     0 1,263,099
Operating lease liabilities arising from obtaining right of use assets     0 4,189,492
Director Loans [Member]        
Cash flows from financing activities        
Proceeds from related party loan     0 500,000
Founder Loans [Member]        
Cash flows from financing activities        
Proceeds from related party loan 0 250,000    
Proceeds from (repayment of) related party loans     250,000 (150,000)
Secured Founder Loans [Member]        
Cash flows from financing activities        
Proceeds from related party loan 750,000 0    
April Two Thousand Twenty Three Convertible Notes [Member]        
Cash flows from financing activities        
Proceeds from Convertible Debt 0 2,069,231 2,069,231 0
December Two Thousand Twenty Three Convertible Notes [Member]        
Cash flows from financing activities        
Proceeds from Convertible Debt 674,160 0 1,416,400 0
Two Thousand Twenty Two Pre-Business Combination [Member]        
Cash flows from financing activities        
Proceeds from Convertible Debt     $ 0 $ 1,250,000
May Two Thousand Twenty Four Convertible Notes [Member]        
Cash flows from financing activities        
Proceeds from Convertible Debt $ 1,324,500 $ 0