Summary of Significant Accounting Policies (Tables)

9 Months Ended

Sep. 30, 2024

Accounting Policies [Abstract]

Summary of Securities that were Excluded from the Diluted Per Share

Potentially dilutive securities as of September 30, 2024, which are not included in diluted weighted average shares outstanding for the three and nine months ended September 30, 2024 and 2023, consist of the following (in common stock equivalents):

	September 30,
	2024	2023
Series A Preferred Stock (if converted)	—	4,243,000
Stock Options	2,486,531	1,551,886
Common Stock Warrants	4,640,929	4,638,444
Total	7,127,460	10,433,330

Schedule of Other Financial Assets and Liabilities Recorded in Balance Sheet at Fair Value

Other financial assets and liabilities are categorized based on a hierarchy of inputs as follows:

	September 30, 2024				December 31, 2023				Fair Value
	Carrying Value		Estimated Fair Value		Carrying Value		Estimated Fair Value		Input Hierarchy
Forward purchase agreement	$	—	$	—	$	5,700,451	$	5,700,451	Level 3
SBA Loan		—		—		1,505,070		1,498,000	Level 2

Schedule of Changes in Fair Value of Level 3 Financial Assets and Liabilities

Changes in the fair value of Level 3 financial assets and liabilities for the nine months ended September 30, 2024 are as follows:

Forward Purchase Agreement:
Balance, beginning of year	$	5,700,451
Change in fair value		(5,700,451	)
Balance, end of period	$	—