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Basis of Presentation and Summary of Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2024
Basis of Presentation and Summary of Significant Accounting Policies  
Schedule of Concentration of Credit Risk in Accounts Receivable

The Company is potentially subject to concentrations of credit risk in accounts receivable as the following customer balances exceed 10% of accounts receivable in the consolidated balance sheet as December 31, 2024 and 2023.

 

As of December 31, 2024

 

 

As of December 31, 2023

 

 

Accounts Receivable

 

 

% of Total Accounts Receivable

 

 

Accounts Receivable

 

 

% of Total Accounts Receivable

 

Customer A

 

$

200,000

 

 

 

28

%

 

$

 

 

 

 

Customer B

 

$

144,590

 

 

 

20

%

 

$

32,683

 

 

 

15

%

Customer C

 

$

 

 

 

 

 

$

27,398

 

 

 

13

%

Customer D

 

$

 

 

 

 

 

$

21,682

 

 

 

10

%

Schedule of Liabilities Measured as Level 3 at Fair Value on a Recurring Basis The following table provides a reconciliation of the Company’s liabilities measured as a Level 3 at fair value on a recurring basis using significant unobservable inputs:

 

 

Convertible
Notes Payable

 

Balance as of December 31, 2023

 

 

 

Fair value at issuance

 

 

26,558,143

 

Fair value adjustment

 

 

6,875,041

 

Balance as of December 31, 2024

 

$

33,433,184