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

Notes Payable (Details)

v3.23.2
Notes Payable (Details) - USD ($)
1 Months Ended 3 Months Ended 12 Months Ended
Aug. 18, 2022
Dec. 16, 2021
Mar. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Notes Payable (Details) [Line Items]          
Gross principal amount     $ 36,530,320 $ 36,530,320  
Debenture warrants shares (in Shares)     2,922,425 2,922,425  
Inclusive proceeds     $ 35,800,000 $ 35,800,000  
Original issue discount percentage     2.00% 2.00%  
Fair value debenture warrants     $ 20,949,110 $ 20,949,110  
Debt discount upon issuance     $ 21,679,716 $ 21,679,716  
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 $ 20  
Debt discount accretion     $ 907,865 $ 1,071,228  
Effective interest     25.2% 25.2%  
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        
Debentures converted description     The Debentures may be converted at each holder’s 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.    
Minimum [Member]          
Notes Payable (Details) [Line Items]          
Interest rates ranging         4.25%
Maximum [Member]          
Notes Payable (Details) [Line Items]          
Interest rates ranging         10.00%
Business Combination [Member]          
Notes Payable (Details) [Line Items]          
Business combination description       (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