v3.25.1
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Revenue:    
Total revenue $ 165,256 $ 464,354
Revenue from Contract with Customer, Product and Service [Extensible Enumeration] Service [Member] Service [Member]
Costs and expenses:    
Cost of revenue (exclusive of items shown separately below) $ 1,238,957 $ 2,093,955
Cost, Product and Service [Extensible Enumeration] Service [Member] Service [Member]
Depreciation $ 480,376 $ 426,185
Research and development 0 63,534
General and administrative 4,309,686 3,430,010
Total costs and expenses 6,029,019 6,013,684
Operating loss (5,863,763) (5,549,330)
Other (income) expense:    
Other income, net (87,397) (96,473)
Gain on lease termination 0 (15,365)
Foreign currency transaction loss 3,267 5,147
Loss on extinguishment of debt 0 78,734,949
Change in fair value of warrant liabilities (50,888) (8,309,623)
Interest expense, net 1,114,516 1,475,397
Total other expense, net 1,703,424 67,289,606
Net loss $ (7,567,187) $ (72,838,936)
Basic loss per share (in dollars per share) $ (0.28) $ (58.75)
Diluted loss per share (in dollars per share) $ (0.28) $ (58.75)
Basic weighted average shares outstanding (in shares) 27,447,425 1,239,881
Diluted weighted average shares outstanding (in shares) 27,447,425 1,239,881
New Convertible Secured Debentures    
Other (income) expense:    
Change in fair value of debentures $ 0 $ (4,504,426)
November 2024 Debentures    
Other (income) expense:    
Change in fair value of debentures $ 723,926 $ 0

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