Stockholders’ Equity (Tables)

12 Months Ended

Dec. 31, 2024

Equity [Abstract]

Schedule of Authorized, Issued and Outstanding Stock

The number of authorized, issued and outstanding stock, were as follows:

	December 31, 2024
	Authorized Shares	Issued Shares
Preferred Stock	10,000,000	1
Class A Common Stock	99,815,625	65,919,127
Class B Common Stock	4,429,688	6,667
	114,245,313	65,925,795

	December 31, 2023
	Authorized Shares	Issued Shares
Preferred Stock	10,000,000	—
Class A Common Stock	1,232,292	1,060,833
Class B Common Stock	54,688	6,667
	11,286,980	1,067,500

Schedule of Stockholders' Equity Note, Warrants or Rights

The number of outstanding warrants to purchase the Company’s Class A Common Stock as of December 31, 2024 were as follows:

	Number of Warrants	Exercise Price	Expiration Date
Ares Warrants	5,776,657	$1.16	August 5, 2027
SPA Warrants	15,238	$1.16	Various through November 1, 2031
Junior SPA Warrants	5,931,638	$1.16	Various through September 30, 2029
2024 Unsecured SPA Warrants	10,788,746	$1.39	December 31, 2029
Public Warrants	2,453	$110,400.00	July 21, 2026
Private Warrants	12	$110,400.00	July 21, 2026
	22,514,744

The number of outstanding warrants to purchase the Company’s Class A Common Stock as of December 31, 2023 were as follows:

	Number of Warrants	Exercise Price		Expiration Date
Ares warrants	228,482	$	29.33	August 5, 2027
SPA Warrants	13,906	$	29.33	Various through November 28, 2030
Public Warrants	2,453	$	110,400.00	July 21, 2026
Private Warrants	12	$	110,400.00	July 21, 2026
	244,853

Schedule of Weighted-Average Assumptions used in the Black-Scholes Option Pricing Model

The following table provides the assumptions used in the Black-Scholes option pricing model for equity-classified SPA Portfolio Note warrants granted during the year ended December 31, 2024:

	2024
Risk-free interest rate:	3.83% - 4.35%
Expected term (in years):	7
Expected volatility:	110% - 115%
Dividend yield:	0%

The weighted-average assumptions used in the Black-Scholes option pricing model for awards granted during the year ended December 31, 2023 are as follows:

	2023
Risk-free interest rate:	3.53	%
Expected term (in years):	8.71
Expected volatility:	89.62	%
Dividend yield:	0	%