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Stockholders’ Equity (Tables)
6 Months Ended
Jun. 30, 2024
Equity [Abstract]  
Schedule of Common Stock
The number of authorized and issued and outstanding shares stock were as follows:
June 30, 2024
Authorized
Shares
Issued and Outstanding Shares
Preferred Stock10,000,000 
Class A Common Stock443,625,000 441,264,626 
Class B Common Stock19,687,500 266,670 
473,312,500 441,531,297 
December 31, 2023
Authorized
Shares
Issued and Outstanding Shares
Preferred Stock10,000,000 — 
Class A Common Stock49,291,667 42,433,025 
Class B Common Stock2,187,500 266,670 
61,479,167 42,699,695 
Schedule of Warrants
The number of outstanding warrants to purchase the Company’s Class A Common Stock as of June 30, 2024 are as follows:
Number of WarrantsExercise PriceExpiration Date
Ares warrants9,139,280 $0.73August 5, 2027
SPA Warrants 558,689 $0.73Various through November 28, 2030
Public Warrants98,088 $2,760July 21, 2026
Private Warrants464 $2,760July 21, 2026
Total9,796,521
The number of outstanding warrants to purchase the Company’s Class A Common Stock as of December 31, 2023 were as follows:
Number of WarrantsExercise PriceExpiration Date
Ares warrants9,139,280 $0.73August 5, 2027
SPA Warrants556,205 $0.73Various through November 28, 2030
Public Warrants98,088$2,760.00July 21, 2026
Private Warrants464 $2,760.00July 21, 2026
Total9,794,037