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Summary of Significant Accounting Policies (Tables)
3 Months Ended
Mar. 31, 2025
Accounting Policies [Abstract]  
Schedules of Concentration of Credit Risk

 

   March 31, 2025   December 31, 2024 
Customer A   33%   - * 
Customer B   27%   - * 
Customer C   17%   - * 
Customer D   - *    36%
Customer E   - *    17%
Customer F   - *    15%

 

*Accounts Receivable was less than 10%
Schedules of financial instruments fair value hierarchy

The following table summarizes the Company’s financial instruments at fair value based on the fair value hierarchy for each class of instrument:

 

   Level 1   Level 2   Level 3   Total 
Convertible notes payable  $   $   $25,132,556   $25,132,556 
Schedules of Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation

The Company calculated the estimated fair value of the convertible notes payable as of March 31, 2025 using the following assumptions:

 

Issuance date   2/10/2025 
Maturity date   2/10/2026 
Stock price   5.88 
Expected volatility factor   124.8%
Risk-free interest rate   4.08%
Schedules of Changes in Convertible Notes Payable Measured at Fair Value

The following table presents changes in the Level 3 convertible notes payable measured at fair value for the three months ended March 31, 2025:

 

      
Balance, January 1, 2025  $ 
Additions   14,432,879 
Fair value measurement adjustments   10,699,677 
Balance, March 31, 2025  $25,132,556 
Schedules of Revenue Disaggregated by Revenue Type

The following table presents the Company’s revenue disaggregated by revenue type:

 

   2025   2024 
  

Three months ended

March 31,

 
   2025   2024 
Product related  $1,629,662   $6,614,029 
Contract related        
Total  $1,629,662   $6,614,029 
Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share

 

   March 31, 2025   December 31, 2024 
Series B Preferred Stock, as converted   3,896    3,896 
Stock options   5,011,820    5,242,308 
Warrants   1,831,433    914,056 
Restricted stock   1,272,599    1,544,027 
Total   8,119,748    7,704,287