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Condensed Consolidated Statements of Operations - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Condensed Consolidated Statements of Operations [Abstract]        
Net sales $ 1,010,900 $ 1,071,300 $ 2,618,300 $ 3,379,600
Operating costs and expenses        
Cost of revenue 123,300 41,300 252,900 123,800
Research and development [1] 3,893,700 2,202,700 41,913,900 7,212,200
Sales and marketing [1] 2,189,400 333,600 4,435,100 978,100
General and administration [1] 17,697,000 1,509,000 95,910,700 5,666,700
Depreciation and amortization [1] 762,200 14,700 771,500 47,600
Total costs and operating expenses [1] 24,665,600 4,101,300 143,284,100 14,028,400
Loss from operations (23,654,700) (3,030,000) (140,665,800) (10,648,800)
Interest income 4,653,000 0 6,814,500 0
Interest expense (246,700) (15,071,900) (2,906,500) (37,702,500)
Change in fair value of derivative liabilities 0 (7,931,200) (225,916,000) (660,200)
Loss on the conversion of convertible debt 0 0 (542,300) 0
Loss from operations before income taxes (19,248,400) (26,033,100) (363,216,100) (49,011,500)
Income tax expense 0 0 0 0
Net loss $ (19,248,400) $ (26,033,100) $ (363,216,100) $ (49,011,500)
Loss per Share attributable to common stockholders:        
Basic (in dollars per share) $ (0.1) $ (0.3) $ (2.37) $ (0.56)
Diluted (in dollars per share) [2] $ (0.1) $ (0.3) $ (2.37) $ (0.56)
Weighted Average Shares used to compute net loss per share attributable to common stockholders:        
Basic (in shares) 200,833,835 87,500,000 152,943,536 87,500,000
Diluted (in shares) 200,833,835 87,500,000 152,943,536 87,500,000
[1] Costs of operating expenses include stock-based compensation expense as follows:
[2] Loss per share attributable to common stockholders for diluted calculation is based on the Basic weighted shares as these are not dilutive. The Basic and diluted loss per share attributable to common stockholders are therefore the same.