Investment in SRM Entertainment, Inc. (Tables)

9 Months Ended

Sep. 30, 2024

Investments, All Other Investments [Abstract]

Schedule of Equity Method Investment

Summary of Changes to Equity Method Investment
Fair value of Consideration	$	1,521,025
Equity in SRM Inc losses		(864,418	)
Investment in SRM Inc Balance at December 31, 2023	$	657,183
Basis in the 350,000 shares of SRM Inc sold		(58,028	)
Equity in SRM Inc losses *		(599,155	)
Investment in SRM Inc Balance at September 30, 2024	$	-

* Total portion of SRM Inc’s for the nine months ended September 30, 2024 was $948,989. The Company has a limitation of $599,155 on the amount of losses it can record (balance cannot be less than zero).