Subsequent Events |
6 Months Ended |
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Jun. 30, 2025 | |
| Subsequent Events [Abstract] | |
| Subsequent Events | Subsequent Events ATM
On June 30, 2025, the Company commenced an “at-the-market” (ATM) offering under a previously filed shelf registration statement. As of the filing date of this Quarterly Report on Form 10-Q, we have issued and sold 2,008,713 shares, for gross
proceeds of $2,063,374 and net proceeds of $1,941,956 after deducting commissions and offering expenses totaling $121,418
Securities Purchase Agreement
On August 6, 2025, the Company entered into a Securities Purchase Agreement (the “Purchase Agreement”) with a related party institutional investor (the “Investor”), pursuant to which the Investor agreed to purchase, in a private placement, shares Series B Convertible Preferred Stock for an aggregate purchase price of $2,940,000, as previously disclosed in the Current Report on Form 8-K filed with the Securities and Exchange Commission on August 7, 2025. On August 8, 2025, the Company and the Investor closed the Purchase Agreement transaction, and the Company issued 3,000 shares of Series B Convertible Preferred Stock to the Investor. For additional information regarding this transaction, refer to the Current Reports on Form 8-K filed on August 7, 2025 and August 8, 2025, respectively.
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- References No definition available.
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- Definition The entire disclosure for significant events or transactions that occurred after the balance sheet date through the date the financial statements were issued or the date the financial statements were available to be issued. Examples include: the sale of a capital stock issue, purchase of a business, settlement of litigation, catastrophic loss, significant foreign exchange rate changes, loans to insiders or affiliates, and transactions not in the ordinary course of business. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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