Stockholders' Equity (Deficit) (Tables)

6 Months Ended

Jun. 30, 2024

Equity [Abstract]

Summary of Common Stock warrant activity

	Number of Warrants			Weighted Average Exercise Price		Weighted Average Remaining Contractual Life in Years		Aggregate Intrinsic Value
Outstanding, December 31, 2023		4,638,454		$	10.20		4.62	$	1,382,919
Issued		89,787			2.81
Expired		(80,019	)		6.75
Outstanding, June 30, 2024		4,648,222		$	10.11		4.11	$	362,887
Exercisable, June 30, 2024		4,558,435		$	10.25		4.10	$	362,887

Summary of Option Activity

A summary of the option activity during the six months ended June 30, 2024 is as follows:

	Number of Options			Weighted Average Exercise Price		Weighted Average Remaining Life in Years		Aggregate Intrinsic Value
Outstanding, December 31, 2023		1,689,765		$	2.72		9.00	$	1,850,397
Granted		112,981			3.05
Expired/Cancelled		(559,505	)		2.75
Outstanding, June 30, 2024		1,243,241		$	2.74		8.35	$	—
Vested/Exercisable, June 30, 2024		278,182		$	2.21		5.53	$	—

Schedule of Assumptions used in Black Scholes Option Pricing Model

The weighted average fair value of the options granted during the six months ended June 30, 2024 was based on a Black Scholes option pricing model using the following assumptions:

Expected volatility	70.0%
Expected term of option	6.0 - 7.0
Range of risk-free interest rate	3.8% -4.6%
Dividend yield	0%