Notes Payable - Schedule of Notes Payable (Details) - USD ($) |
Dec. 31, 2024 |
Dec. 11, 2024 |
Nov. 04, 2024 |
Dec. 31, 2023 |
Sep. 09, 2022 |
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Debt Instrument [Line Items] | |||||
Total loan funded | $ 30,084,215 | $ 48,825,320 | |||
Less: debt discount, net | (66,478) | (16,593,357) | |||
Less: capitalized debt issuance costs | (1,207,509) | (661,922) | |||
Senior bridge note exit fee provision | 125,302 | 27,608 | |||
Total notes payable – long-term | 28,935,530 | 31,597,649 | |||
Convertible Secured Debentures | Convertible debt | |||||
Debt Instrument [Line Items] | |||||
Total loan funded | 0 | 36,530,320 | |||
November 2024 Debentures (principal amount) | $ 36,530,320 | ||||
New Convertible Debentures | Convertible debt | |||||
Debt Instrument [Line Items] | |||||
Total loan funded | 0 | 0 | |||
November 2024 Debentures | Convertible debt | |||||
Debt Instrument [Line Items] | |||||
Total loan funded | 2,583,832 | 0 | |||
November 2024 Debentures (principal amount) | 2,150,000 | $ 1,000,000 | $ 1,150,000 | 0 | |
Convertible Senior Secured Term Loan | Convertible debt | |||||
Debt Instrument [Line Items] | |||||
Total loan funded | $ 27,500,383 | $ 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 Face (par) amount of debt instrument at time of issuance. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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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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