Quarterly report pursuant to Section 13 or 15(d)

Notes Payable (Details)

v3.23.2
Notes Payable (Details)
 3 Months Ended 6 Months Ended
Jun. 30, 2023
USD ($)
Jun. 30, 2023
USD ($)
$ / shares
shares
Notes Payable [Abstract]    
Original issue discount percentage 2.00% 2.00%
Gross principal amount $ 36,530,320 $ 36,530,320
Debenture warrants shares (in Shares) | shares   2,922,425
Inclusive proceeds   $ 35,800,000
Fair value debenture warrants   20,949,110
Debt discount upon issuance totaling   $ 21,679,716
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, subject to certain adjustments including full ratchet anti-dilution price protections. Interest accrues on the outstanding principal amount of the Debentures at 5% per annum, payable quarterly.
Exercisable initially per share (in Dollars per share) | $ / shares   $ 20
Term of shares 10 years 10 years
Debt discount accretion $ 970,511 $ 1,878,376
Effective interest   25.2%