Notes Payable - Amendment to 2024 Term Loan Agreement (Details) - USD ($) |
3 Months Ended | 6 Months Ended | ||||
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May 01, 2024 |
Jun. 30, 2024 |
Jun. 30, 2023 |
Jun. 30, 2024 |
Jun. 30, 2023 |
Jan. 30, 2024 |
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Debt Instrument [Line Items] | ||||||
Debt discount amortization | $ 3,242,443 | $ 1,878,376 | ||||
Amortization of debt issuance costs | 312,440 | 0 | ||||
Senior Secured Term Loan Agreement | Convertible debt | ||||||
Debt Instrument [Line Items] | ||||||
Maximum borrowing capacity | $ 1,000,000 | $ 9,551,856 | ||||
Debt instrument term | 30 years | |||||
Debt issuance costs | $ 37,500 | $ 1,237,291 | ||||
Debt discount amortization | $ 9,944 | $ 0 | 19,868 | 0 | ||
Amortization of debt issuance costs | 169,619 | 0 | 312,440 | 0 | ||
Provision for bridge note exit fee | $ 24,263 | $ 0 | $ 48,475 | $ 0 |
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- Definition Notes Payable, Exit Fee No definition available.
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- Definition Amount of noncash expense included in interest expense to amortize debt discount and premium associated with the related debt instruments. Excludes amortization of financing costs. Alternate captions include noncash interest expense. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of amortization expense attributable to debt issuance costs. 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 Period of time between issuance and maturity of debt instrument, in PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days. No definition available.
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- Definition Amount, before 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 Maximum borrowing capacity under the credit facility without consideration of any current restrictions on the amount that could be borrowed or the amounts currently outstanding under the facility. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Details
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- Details
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