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Condensed Consolidated Statement of Cash Flows (Unaudited) - USD ($)
6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Cash Flows from Operating Activities:    
Net loss from continuing operations $ (6,857,700) $ (7,137,667)
Loss from discontinued operations, net of tax (1,252,276)  
Gain on sale of discontinued operations 1,534,479 0
Adjustments to reconcile net loss to net cash used in operating activities:    
Gain on sale of discontinued operations (1,534,479)  
Stock-based compensation 375,169 367,539
Depreciation and amortization of intangible assets 47,061 50,375
Amortization of right of use assets 68,779 71,621
Amortization of debt discount 19,549 8,300
Change in fair value of forward purchase agreement 4,280,314  
Change in fair value of derivative liabilities   3,870,158
Changes in operating assets and liabilities:    
Prepaid expenses 597,108 49,603
Inventory (113,872)  
Assets available for sale 4,662,980  
Other current assets   28,175
Accounts payable (321,816) 599,520
Accrued expenses and other liabilities (1,259,808) 668,664
Lease liability (70,399) (63,460)
Accrued interest   531,035
Liabilities available for sale (2,389,343)  
Net cash used in operating activities (2,214,254) (956,137)
Cash flows from investing activities    
Cash paid in AxoBio Disposition (748,796)  
Purchase of property and equipment   (30,470)
Net cash used in investing activities (748,796) (30,470)
Cash Flows from Financing Activities:    
Proceeds from issuance of Common Stock, net of costs 2,687,225  
Proceeds from issuance of loans 31,538 848,500
Payment of loans (469,899)  
Proceeds from common stock option exercises   25,878
Net cash provided by financing activities 2,248,864 874,378
Net decrease in cash (714,186) (112,229)
Cash - beginning of the period 2,912,461 128,149
Cash - end of the period 2,198,275 15,920
Supplemental cash flow information:    
Interest paid 14,830  
Non-cash financing activity:    
Net assets sold in AxoBio Acquisition 21,921,697  
Fair value of shares received in AxoBio Disposition 23,456,179  
Common Stock issued in connection with conversion of Promissory Notes $ 848,500  
Accrued Legacy Series A preferred stock dividends   151,855
Accrued Legacy Series C-1 preferred stock dividends   37,639
Accrued Legacy Series C-2 preferred stock dividends   437,151
Warrants issued in connection with promissory notes   55,062
Unpaid deferred offering costs   $ 923,222