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Debt and Warrants Transactions (Tables)
12 Months Ended
Dec. 31, 2024
Debt Disclosure [Abstract]  
Schedule of Assumptions Utilized The following assumptions were utilized:
Convertible Notes DerivativeCommon stock market priceRisk-free interest rateExpected dividend yieldExpected term (in years)Expected volatility
August 11, 2022 at Issuance
$3.04 3.28 %— 1.3956.3 %
December 31, 2022$2.10 4.68 %— 1.0061.6 %
March 31, 2023 for April 1, 2023
Installment date
$1.16 4.68 %— 0.7584.3 %
May 1, 2023 for May 1, 2023
Installment date
$1.22 4.68 %— 0.6781.6 %
May 31, 2023 for June 1, 2023
Installment date
$1.21 4.91 %— 0.5986.2 %
June 30, 2023 for July 1, 2023
Installment date
$1.11 5.42 %— 0.5090.7 %
July 31, 2023 for August 1, 2023
Installment date
$1.14 5.53 %— 0.4259.9 %
August 31, 2023 for September 1, 2023
Installment date
$1.71 5.54 %— 0.3369.9 %
September 30, 2023 for October 1, 2023
Installment date
$1.21 5.56 %— 0.2578.2 %
November 1, 2023 for November 1, 2023
Installment date
$1.03 5.60 %— 0.1752.4 %
December 1, 2023 for December 1, 2023
Installment date
$0.68 5.53 %— 0.08147.5 %
December 31, 2023 for December 31, 2023
Installment date
$0.83 5.53 %— 0.00— %
Expected life is based on the term of the applicable warrants. Below are the specific assumptions utilized:
Notes Warrants
Additional Warrants
December 31, 2024December 31, 2023December 31, 2024December 31, 2023
Common stock market price$1.31 $0.83 $1.31 $0.83 
Risk-free interest rate4.2 %4.1 %4.3 %4.1 %
Expected dividend yield— — — — 
Expected term (in years)2.613.61 3.12 4.12 
Expected volatility105.9 %66.8 %99.6 %68.7 %