Quarterly report [Sections 13 or 15(d)]

Restatement of Previously Issued Financial Statements (Details)

v3.25.1
Restatement of Previously Issued Financial Statements (Details) - USD ($)
 3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Mar. 31, 2024
Dec. 31, 2023
Mar. 31, 2023
Dec. 31, 2022
Error Corrections and Prior Period Adjustments Restatement [Line Items]                
Accrued liabilities $ 4,471,026   $ 4,471,026     $ 7,339,099    
Total Current Liabilities 10,944,078   10,944,078     17,387,236    
Total Liabilities 122,649,308   122,649,308     67,935,325    
Additional paid-in capital (As adjusted, see Note 12) 95,639,166   95,639,166     77,004,714    
Accumulated deficit (187,089,664)   (187,089,664)     (118,791,703)    
Total Stockholders’ Deficit (91,450,085) $ 10,320,255 (91,450,085) $ 10,320,255 $ (112,755,477) (41,786,850) $ (12,836,794) $ 27,819
Change in fair value of new convertible debentures (7,410,303) 0 (11,914,729) 0        
Interest expense, net 1,165,431 1,556,597 2,640,828 6,491,664        
Total other (income) expense, net (10,553,535) (27,542,462) 56,736,071 (19,227,994)        
Net income (loss) $ 4,540,975 $ 20,673,440 $ (68,297,961) $ 6,534,775        
Basic earnings (loss) per share (in dollars per share) $ 2.33 $ 18.62 $ (40.97) $ 5.90        
Diluted loss per share (in dollars per share) $ (1.12) $ 17.70 $ (40.97) $ 5.79        
Diluted weighted average shares outstanding (in shares) 5,364,395 1,231,814 1,667,187 1,127,853        
Loss on extinguishment of debt $ 0 $ 0 $ 78,734,949 $ 0        
Conversion of convertible secured debentures (as restated) 3,485,645   3,485,645 0        
Amortization of debt discount     392,611 1,878,376        
Accounts payable and accrued liabilities     (2,347,781) 8,733,185        
Additional Paid-in Capital                
Error Corrections and Prior Period Adjustments Restatement [Line Items]                
Total Stockholders’ Deficit 95,639,166 71,890,450 95,639,166 71,890,450 78,875,003 77,004,714 69,406,842 68,132,790
Conversion of convertible secured debentures (as restated) 3,485,582   3,485,582          
Accumulated Deficit                
Error Corrections and Prior Period Adjustments Restatement [Line Items]                
Total Stockholders’ Deficit (187,089,664) (61,570,327) (187,089,664) (61,570,327) (191,630,639) (118,791,703) $ (82,243,767) $ (68,105,102)
Net income (loss) 4,540,975 $ 20,673,440 (68,297,961) $ 6,534,775        
Related Party                
Error Corrections and Prior Period Adjustments Restatement [Line Items]                
Notes payable - long-term, fair value option 83,797,224   83,797,224     0    
Notes payable - long-term, net of discount 13,047,044   13,047,044     23,833,848    
Nonrelated Party                
Error Corrections and Prior Period Adjustments Restatement [Line Items]                
Notes payable - long-term, net of discount 12,632,556   12,632,556     $ 7,763,801    
As Previously Reported (Unaudited)                
Error Corrections and Prior Period Adjustments Restatement [Line Items]                
Accrued liabilities 5,212,935   5,212,935          
Total Current Liabilities 11,685,987   11,685,987          
Total Liabilities 60,559,301   60,559,301          
Additional paid-in capital (As adjusted, see Note 12) 94,390,920   94,390,920          
Accumulated deficit (123,751,411)   (123,751,411)   (118,378,091)      
Total Stockholders’ Deficit (29,360,078)   (29,360,078)   (39,502,929)      
Change in fair value of new convertible debentures 0   0          
Interest expense, net 3,669,423   6,122,795          
Total other (income) expense, net (639,240)   (6,602,182)          
Net income (loss) $ (5,373,320)   $ (4,959,708)          
Basic earnings (loss) per share (in dollars per share) $ (2.75)   $ (2.97)          
Diluted loss per share (in dollars per share) $ (2.75)   $ (2.97)          
Diluted weighted average shares outstanding (in shares) 1,950,563              
Loss on extinguishment of debt     $ 0          
Conversion of convertible secured debentures (as restated) $ 2,237,398   2,237,398          
Amortization of debt discount     3,242,443          
Accounts payable and accrued liabilities     (1,715,646)          
As Previously Reported (Unaudited) | Additional Paid-in Capital                
Error Corrections and Prior Period Adjustments Restatement [Line Items]                
Total Stockholders’ Deficit 94,390,920   94,390,920          
Conversion of convertible secured debentures (as restated) 2,237,335   2,237,335          
As Previously Reported (Unaudited) | Accumulated Deficit                
Error Corrections and Prior Period Adjustments Restatement [Line Items]                
Total Stockholders’ Deficit (123,751,411)   (123,751,411)          
As Previously Reported (Unaudited) | Related Party                
Error Corrections and Prior Period Adjustments Restatement [Line Items]                
Notes payable - long-term, fair value option 0   0          
Notes payable - long-term, net of discount 46,644,908   46,644,908          
As Previously Reported (Unaudited) | Nonrelated Party                
Error Corrections and Prior Period Adjustments Restatement [Line Items]                
Notes payable - long-term, net of discount 0   0          
Adjustments                
Error Corrections and Prior Period Adjustments Restatement [Line Items]                
Accrued liabilities (741,909)   (741,909)          
Total Current Liabilities (741,909)   (741,909)          
Total Liabilities 62,090,007   62,090,007          
Additional paid-in capital (As adjusted, see Note 12) 1,248,246   1,248,246          
Accumulated deficit (63,338,253)   (63,338,253)   (73,252,548)      
Total Stockholders’ Deficit (62,090,007)   (62,090,007)   $ (73,252,548)      
Change in fair value of new convertible debentures (7,410,303)   (11,914,729)          
Interest expense, net (2,503,992)   (3,481,967)          
Total other (income) expense, net (9,914,295)   63,338,253          
Net income (loss) $ 9,914,295   $ (63,338,253)          
Basic earnings (loss) per share (in dollars per share) $ 5.08   $ (38.00)          
Diluted loss per share (in dollars per share) $ 1.63   $ (38.00)          
Diluted weighted average shares outstanding (in shares) 3,413,832              
Loss on extinguishment of debt     $ 78,734,949          
Conversion of convertible secured debentures (as restated) $ 1,248,247   1,248,247          
Amortization of debt discount     (2,849,832)          
Accounts payable and accrued liabilities     (632,135)          
Adjustments | Additional Paid-in Capital                
Error Corrections and Prior Period Adjustments Restatement [Line Items]                
Total Stockholders’ Deficit 1,248,246   1,248,246          
Conversion of convertible secured debentures (as restated) 1,248,247   1,248,247          
Adjustments | Accumulated Deficit                
Error Corrections and Prior Period Adjustments Restatement [Line Items]                
Total Stockholders’ Deficit (63,338,253)   (63,338,253)          
Adjustments | Related Party                
Error Corrections and Prior Period Adjustments Restatement [Line Items]                
Notes payable - long-term, fair value option 83,797,224   83,797,224          
Notes payable - long-term, net of discount (33,597,864)   (33,597,864)          
Adjustments | Nonrelated Party                
Error Corrections and Prior Period Adjustments Restatement [Line Items]                
Notes payable - long-term, net of discount $ 12,632,556   $ 12,632,556