XML 14 R6.htm IDEA: XBRL DOCUMENT v3.25.1
CONSOLIDATED STATEMENTS OF CONVERTIBLE PREFERRED STOCK AND STOCKHOLDERS' DEFICIT - USD ($)
Total
Lincoln Park [Member]
Convertible Preferred Stock [Member]
Common Stock [Member]
Common Stock [Member]
Lincoln Park [Member]
Additional Paid-in Capital [Member]
Additional Paid-in Capital [Member]
Lincoln Park [Member]
[2]
Accumulated Deficit [Member]
Balance at the beginning (in shares) at Dec. 31, 2022 [1]     23,237,703          
Balance at the beginning at Dec. 31, 2022     $ 4,040          
Balance at the beginning (in shares) at Dec. 31, 2022 [1],[2]       138,922        
Balance at the beginning at Dec. 31, 2022 $ (17,234,376)     $ 13 [2]   $ 59,346,016 [2]   $ (76,580,405)
Issuance of Common Stock and Series A preferred stock upon conversion of convertible notes in connection with the reverse recapitalization (in Shares) [1]     1,361,787 34,045 [2]        
Issuance of Common Stock and Series A preferred stock upon conversion of convertible notes in connection with the reverse recapitalization 13,345,380   $ 13,617,870 $ 3 [2]   13,345,377 [2]    
Conversion of Legacy Nuburu convertible preferred stock into Common Stock in connection with the reverse recapitalization (in shares) [1]     (23,237,703) 580,943 [2]        
Conversion of Legacy Nuburu convertible preferred stock into Common Stock in connection with the reverse recapitalization 1,776   $ (4,040) $ 59 [2]   1,717 [2]    
Issuance of Common Stock and Series A preferred stock upon the reverse recapitalization, net of issuance costs (in shares) [1]     1,481,666 80,844 [2]        
Issuance of Common Stock and Series A preferred stock upon the reverse recapitalization, net of issuance costs (18,071,768)   $ 14,816,660 $ 9 [2]   (18,071,777) [2]    
Issuance of Common Stock and Series A preferred stock to satisfy certain reverse recapitalization costs (in shares) [1]     195,452 4,887 [2]        
Issuance of Common Stock and Series A preferred stock to satisfy certain reverse recapitalization costs (1,954,540)   $ 1,954,520     (1,954,540) [2]    
Recognition of Public Warrants upon the reverse recapitalization (1,336,863)         (1,336,863) [2]    
Issuance of Common Stock from the Lincoln Park Purchase Agreement, shares [1],[2]         42,048      
Issuance of Common Stock from the Lincoln Park Purchase Agreement   $ 2,099,997     $ 4 [2]   $ 2,099,993  
Issuance of Common Stock warrants in connection with the June 2023 Convertible Notes (net of issuance cost of $160,345) 2,351,414         2,351,414 [2]    
Issuance of Common Stock upon conversion of convertible preferred stock (in Shares) [1]     (650,000)          
Issuance of Common Stock upon conversion of convertible preferred stock     $ (6,500,000)          
Issuance of Common Stock upon conversion of convertible preferred stock (in Shares) [1],[2]       32,500        
Issuance of Common Stock upon conversion of convertible preferred stock 6,500,000     $ 3 [2]   6,499,997 [2]    
Issuance of Common Stock from option exercises, shares [1],[2]       129        
Issuance of Common Stock from option exercises 6,999         6,999 [2]    
Issuance of Common Stock from releases of restricted stock units, shares [1],[2]       9,793        
Issuance of Common Stock from releases of restricted stock units [2]       $ 2   (2)    
Restricted stock units used for tax withholdings, shares [1],[2]       (1,749)        
Restricted stock units used for tax withholdings (33,903)     $ (1) [2]   (33,902) [2]    
Stock-based compensation 2,490,409         2,490,409 [2]    
Net loss $ (20,710,446)             (20,710,446)
Balance at the ending (in shares) at Dec. 31, 2023 2,388,905   2,388,905 [1]          
Balance at the ending at Dec. 31, 2023 $ 23,889,050   $ 23,889,050          
Balance at the ending (in shares) at Dec. 31, 2023 [1],[2]       922,362        
Balance at the ending at Dec. 31, 2023 (32,545,921)     $ 92 [2]   64,744,838 [2]   (97,290,851)
Net loss (5,705,098)              
Balance at the ending at Mar. 31, 2024 $ (37,434,715)              
Balance at the beginning (in shares) at Dec. 31, 2023 2,388,905   2,388,905 [1]          
Balance at the beginning at Dec. 31, 2023 $ 23,889,050   $ 23,889,050          
Balance at the beginning (in shares) at Dec. 31, 2023 [1],[2]       922,362        
Balance at the beginning at Dec. 31, 2023 (32,545,921)     $ 92 [2]   64,744,838 [2]   (97,290,851)
Net loss (18,343,981)              
Balance at the ending at Jun. 30, 2024 $ (34,793,016)              
Balance at the beginning (in shares) at Dec. 31, 2023 2,388,905   2,388,905 [1]          
Balance at the beginning at Dec. 31, 2023 $ 23,889,050   $ 23,889,050          
Balance at the beginning (in shares) at Dec. 31, 2023 [1],[2]       922,362        
Balance at the beginning at Dec. 31, 2023 (32,545,921)     $ 92 [2]   64,744,838 [2]   (97,290,851)
Net loss (22,689,706)              
Balance at the ending at Sep. 30, 2024 $ (36,311,850)              
Balance at the beginning (in shares) at Dec. 31, 2023 2,388,905   2,388,905 [1]          
Balance at the beginning at Dec. 31, 2023 $ 23,889,050   $ 23,889,050          
Balance at the beginning (in shares) at Dec. 31, 2023 [1],[2]       922,362        
Balance at the beginning at Dec. 31, 2023 (32,545,921)     $ 92 [2]   64,744,838 [2]   (97,290,851)
Issuance of Common Stock (in shares) [1],[2]       40,000        
Issuance of Common Stock $ 200,000     $ 4 [2]   199,996 [2]    
Fractional shares issued for stock split, shares [1],[2]       25,635        
Fractional shares issued for stock split [2]       $ 3   (3)    
Common stock issued for services, shares 12,500     12,500 [1],[2]        
Common stock issued for services $ 1     $ 1 [2]        
Issuance of Common Stock to extinguish debt $ 25,051,755     $ 1,924 [2]   25,049,831 [2]    
Issuance of Common Stock to extinguish debt, shares [1],[2]       19,234,912        
Issuance of Common Stock from option exercises, shares 0              
Issuance of Common Stock from releases of restricted stock units, shares [1],[2]       52,789        
Issuance of Common Stock from releases of restricted stock units [2]       $ 6   (6)    
Restricted stock units used for tax withholdings, shares [1],[2]       (13,960)        
Restricted stock units used for tax withholdings $ (73,204)     $ (2) [2]   (73,202) [2]    
Issuance of warrants 2,180,522         2,180,522 [2]    
Stock-based compensation 1,866,095         1,866,095 [2]    
Net loss $ (34,515,754)             (34,515,754)
Balance at the ending (in shares) at Dec. 31, 2024 2,388,905   2,388,905 [1]          
Balance at the ending at Dec. 31, 2024 $ 23,889,050   $ 23,889,050          
Balance at the ending (in shares) at Dec. 31, 2024 [1],[2]       20,274,238        
Balance at the ending at Dec. 31, 2024 (37,836,506)     $ 2,028 [2]   $ 93,968,071 [2]   $ (131,806,605)
Balance at the beginning at Mar. 31, 2024 (37,434,715)              
Net loss (12,638,883)              
Balance at the ending at Jun. 30, 2024 (34,793,016)              
Net loss (4,345,725)              
Balance at the ending at Sep. 30, 2024 $ (36,311,850)              
[1] The number of shares of convertible preferred stock and common stock issued and outstanding prior to the Business Combination have been retroactively adjusted by the Exchange Ratio to give effect to the reverse recapitalization treatment of the Business Combination. See Note 1 - Description of Business and Note 3 - Reverse Recapitalization for more information.
[2] Periods presented have been adjusted to reflect the 1-for-40 reverse stock split on July 23, 2024. See Note 2 – Summary of Significant Accounting Policies for additional information.