v3.24.1.u1
Consolidated Statements of Operations - USD ($)
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Revenue:    
Total revenue $ 6,606,352 $ 11,434,959
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) $ 11,928,931 $ 11,863,862
Cost, Product and Service [Extensible Enumeration] Service [Member] Service [Member]
Depreciation $ 729,412 $ 516,949
Research and development 1,399,560 2,376,912
General and administrative 18,271,832 15,040,603
Severance 1,476,636 15,962
Impairment of property and equipment 25,354,791 0
Loss on contract 2,542,913 0
Total costs and expenses 61,704,075 29,814,288
Operating loss (55,097,723) (18,379,329)
Other (income) expense:    
Other expense (income), net 627,580 (33,247)
Loss on lease termination 453,162 0
Foreign currency transaction loss (gain) 44,020 (260,615)
Loss on exchange of warrants 590,266 0
Change in fair value of warrant liabilities (14,902,427) 6,461,087
Interest expense, net 8,776,277 3,714,017
Total other (income) expense, net (4,411,122) 9,881,242
Net loss $ (50,686,601) $ (28,260,571)
Basic earnings (loss) per share (in dollars per share) $ (1.24) $ (1.75)
Diluted earnings (loss) per share (in dollars per share) $ (1.24) $ (1.75)
Basic weighted average shares outstanding (in shares) 40,943,444 18,982,139
Diluted weighted average shares outstanding (in shares) 40,943,444 18,982,139
Nonrelated Party    
Revenue:    
Total revenue $ 6,605,852 $ 11,210,559
Related Party    
Revenue:    
Total revenue $ 500 $ 224,400

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