General form of registration statement for all companies including face-amount certificate companies

Notes Payable (Details)

v3.22.4
Notes Payable (Details) - USD ($)
1 Months Ended 9 Months Ended 12 Months Ended
Aug. 03, 2021
Aug. 18, 2022
Dec. 16, 2021
Oct. 22, 2021
Jul. 19, 2021
Jun. 19, 2021
Jul. 31, 2020
Aug. 27, 2019
Sep. 30, 2022
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Notes Payable (Details) [Line Items]                        
Repurchased shares (in Shares)               271,600        
Purchase price               $ 944,927        
Interest fixed rate               5.00%        
Interest rate                     5.00%  
Conversion price (in Dollars per share)     $ 35.52               $ 90  
Advance total                       $ 1,000,000
Convertible promissory note       $ 250,000 $ 5,000,000           $ 1,500,000  
Total amount                   $ 75,000,000    
Diluted shares outstanding per share (in Dollars per share) $ 37.01                      
Gross proceeds                     10,000,000  
Extinguishment of debt totaling     $ 9,484,113                  
Expected dividends                     $ 0  
Effective rate                     17.70%  
Loan agreement, description     the Company entered into a Term Loan Credit Agreement with RCB Equities #1, LLC (“RCB”) in the amount of $15,000,000 to provide funds for the Company’s working capital and general corporate purposes. The note bears interest at 13% per annum and is payable in 18 monthly installments of interest only through its maturity date of June 16, 2023. A 2% commitment fee totaling $300,000 was paid upon loan inception and is presented as a debt discount. There is also a 5% exit fee totaling $750,000 is payable at the maturity date and is being accrued over the note term. If the merger with CleanTech occurs prior to the maturity date, then within three days of the consummation of the merger, the note is due in full including all accrued and unpaid interest and fees. The outstanding principal balance of the note was $14,708,333 at December 31, 2021 and its effective interest rate is approximately 17.7%.                  
Business combination description     Nauticus entered into a merger agreement with CleanTech Acquisition Corporation (“CleanTech”), a special purpose acquisition company. In this agreement, Nauticus agreed to a business combination that is intended to lead to its public stock listing on the NASDAQ in May 2022. CleanTech brings approximately $260 million in sponsored investment and public investment in private equity funding to the business combination. Although this level of funding is potentially available, a threshold of $50 million has been established in the merger documents as the minimum cash position for internal planning purposes. Concurrent with the signing of the SPAC merger agreement, Nauticus received a $15 million loan from RCB Equities #1, LLC to provide advanced funding against the business plan.           (i) an aggregate of 5,299,546 shares of Common Stock and (ii) a pro-rata number of the total Earnout Shares in the Business Combination.      
Gross principal amount                 $ 36,530,320      
Debenture warrants shares (in Shares)                 2,922,425      
Inclusive proceeds                 $ 35,800,000      
Original issue discount percentage                 2.00%      
Fair value debenture warrants                 $ 15,566,134      
Debt discount upon issuance                 $ 16,296,454      
Debentures converted description.                 The Debentures may be converted at the holders’ option at 120% of the principal amount at a conversion price of $15.00 or 2,922,425 shares of Common Stock. The conversion price may be adjusted downward for certain events including the issuance by the Company of dilutive instruments below the current conversion price. Interest accrues on the outstanding principal amount of the Debentures at 5% per annum, payable quarterly.      
Exercisable initially (in Dollars per share)                 $ 20      
Debt discount accretion                 $ 193,946      
Effective interest                 15.9%      
Term loan credit agreement description     On December 16, 2021, we entered into a Term Loan Credit Agreement with RCB Equities #1, LLC (“RCB”) in the amount of $15,000,000 to provide funds for the Company’s working capital and general corporate purposes. The note bore interest at 13% per annum and was payable in 18 monthly installments of interest only through its maturity date of June 16, 2023. A 2% commitment fee totaling $300,000 was paid upon loan inception and reported as a debt discount. There was also a 5% exit fee, accrued over the note term, totaling $750,000.                  
Additional borrowing   $ 2,000,000                    
Origination fee   33,000                    
Fee due upon repayment   $ 100,000                    
Minimum [Member]                        
Notes Payable (Details) [Line Items]                        
Interest rates ranging                     4.25%  
Maximum [Member]                        
Notes Payable (Details) [Line Items]                        
Interest rates ranging                     10.00%  
Schlumberger Technology Corp. [Member]                        
Notes Payable (Details) [Line Items]                        
Advances total             $ 750,000          
Interest rate                     4.25%  
Accrued interest                   90.00%    
Conversion price (in Dollars per share)     $ 35.52                  
Transocean Inc. [Member]                        
Notes Payable (Details) [Line Items]                        
Interest rate                     10.00%  
Accrued interest                   90.00%    
Conversion price (in Dollars per share)     35.52                  
Advance total                       $ 500,000
Goradia Capital, LLC [Member]                        
Notes Payable (Details) [Line Items]                        
Interest rate                     10.00%  
Accrued interest                   90.00%    
Conversion price (in Dollars per share)     35.52                  
Total amount                   $ 75,000,000    
Diluted shares outstanding per share (in Dollars per share)           $ 37.01            
Material Impact Fund II, L.P. [Member]                        
Notes Payable (Details) [Line Items]                        
Interest rate                     5.00%  
Accrued interest                   90.00%    
Conversion price (in Dollars per share)     $ 35.52                  
Convertible promissory note $ 5,000,000                      
Total amount                   $ 75,000,000    
Diluted shares outstanding per share (in Dollars per share) $ 37.01