Notes Payable - Schedule of Notes Payable (Details) - USD ($) |
Sep. 30, 2024 |
Dec. 31, 2023 |
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Debt Instrument [Line Items] | ||
Total | $ 58,438,574 | $ 48,825,320 |
Less: debt discount, net | (11,005,493) | (16,593,357) |
Less: capitalized debt issuance costs | (1,385,440) | (661,922) |
Senior bridge note exit fee provision | 100,666 | 27,608 |
Total notes payable – long-term | 46,148,307 | 31,597,649 |
Convertible secured debentures | Convertible debt | ||
Debt Instrument [Line Items] | ||
Total | 30,911,089 | 36,530,320 |
Convertible senior secured term loan | Convertible debt | ||
Debt Instrument [Line Items] | ||
Total | $ 27,527,485 | $ 12,295,000 |
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- Definition Debt Instrument, Exit Fee Provisions No definition available.
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- Definition Amount, before unamortized (discount) premium and debt issuance costs, of long-term debt. Includes, but is not limited to, notes payable, bonds payable, commercial loans, mortgage loans, convertible debt, subordinated debt and other types of debt. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount, after accumulated amortization, of debt discount (premium). Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Amount, after accumulated amortization, of debt issuance costs. Includes, but is not limited to, legal, accounting, underwriting, printing, and registration costs. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Amount, after deduction of unamortized premium (discount) and debt issuance cost, of long-term debt. Excludes lease obligation. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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