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Debt (Tables) | 12 Months Ended
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Dec. 31, 2024
Debt Disclosure [Abstract] |
Schedule of Long-term Debt | Long-term debt consisted of the following at December 31, 2024 and 2023: Schedule of Long-term Debt
|  | 2024 |  |  | 2023 |
Note payable |  | $ | 100,000,000 |  |  | $ | 35,000,000 |
Add: Final fee |  |  | 4,500,000 |  |  |  | - |
Add: PIK interest (added to principal) |  |  | 593,288 |  |  |  | 2,565,660 |
Less: unamortized debt issuance costs |  |  | (1,613,734 | ) |  |  | (480,810 | )
Less: unamortized debt discount |  |  | (5,752,418 | ) |  |  | (49,439 | )
Total long-term debt |  | $ | 97,727,136 |  |  | $ | 37,035,411 |
Schedule of Long Term Debt Future Principal Payments | Future principal payments, including the incurred PIK interest and Final Fee, are as follows: Schedule of Long Term Debt Future Principal Payments
|  | Years Ending December 31, |
2027 |  | $ | 30,615,349 |
2028 |  |  | 52,483,455 |
2029 |  |  | 21,994,484 |
Total |  | $ | 105,093,288 |

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