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Related Party Transactions (Tables)
 6 Months Ended
Jun. 30, 2024
Short-Term Debt [Line Items]  
Schedule of Warrant Liabilities at Fair Value on a Recurring Basis

The following table presents information about the Company’s warrant liabilities that are measured at fair value on a recurring basis as of June 30, 2024 and December 31, 2023 and indicates the fair value hierarchy of the valuation inputs the Company utilized to determine such fair value.

 

 

Description  June 30,
2024		   Quoted Prices
in Active
Markets
(Level 1)		   Significant
Other
Observable
Inputs
(Level 2)		   Significant
Other
Unobservable
Inputs
(Level 3)		 
Warrant Liabilities:                             
Public Warrants  $500,000   $—   $500,000   $         — 
Private Placement Warrants  $525,000   $—   $525,000   $— 
Warrant liabilities at June 30, 2024  $1,025,000   $—   $1,025,000   $— 

 

Description  December 31,
2023		   Quoted Prices
in Active
Markets
(Level 1)		   Significant
Other
Observable
Inputs
(Level 2)		   Significant
Other
Unobservable
Inputs
(Level 3)		 
Warrant Liabilities:                    
Public Warrants  $300,000   $       —   $300,000   $       — 
Private Placement Warrants  $315,000   $—   $315,000   $— 
Warrant liabilities at December 31, 2023  $615,000   $—   $615,000   $— 
Schedule of Promissory Note

 

      
Face amount of Promissory Note  $1,750,000 
Less: debt discount at June 30, 2024   (115,000)
Subtotal  $1,635,000 
Add: derivative liability at market at June 30, 2024   88,000 
Promissory Note, net  $1,723,000 
Promissory Note [Member]  
Short-Term Debt [Line Items]  
Schedule of Warrant Liabilities at Fair Value on a Recurring Basis

The following table presents information about the conversion feature of the Company’s Promissory Note that are measured at fair value on a recurring basis as of June 30, 2024 and indicates the fair value hierarchy of the valuation inputs the Company utilized to determine such fair value. There was no such conversion feature to report as of December 31, 2023.

 Schedule of Warrant Liabilities at Fair Value on a Recurring Basis

 

Description  June 30,
2024		   Quoted Prices
in Active
Markets
(Level 1)		   Significant
Other
Observable
Inputs
(Level 2)		   Significant
Other
Unobservable
Inputs
(Level 3)		 
Warrant liabilities at June 30, 2024  $88,000   $—   $88,000   $—