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Fair Value of Financial Instruments (Tables) | 12 Months Ended
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Dec. 31, 2024
Fair Value of Financial Instruments [Abstract] |
Assets and Liabilities Measured and Recorded at Fair Value on Recurring Basis | Level 3 assets and liabilities measured and recorded at fair value on a recurring basis at December 31, 2024 and 2023 were as follows:
|  | December 31, 2024 |  |  | December 31, 2023 |
Derivative Liability – Contingent Interest April Note |  | $ | 47,000 |  |  | $ | 431,000 |
Derivative Liability – Contingent Interest September Note |  | $ | 94,000 |  |  | $ | 169,000 |
Derivative Liability – Contingent Interest December Note |  | $ | 275,000 |  |  | $ | 404,000 |
April Note [Member] |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
Key Assumptions Used in Model at Inception | The April 2021 Note derivative liability – contingent interest was valued using a Monte Carlo Geometric Brownian Stock Path Model. The key assumptions used in the model at December 31, 2024 and 2023 are as follows:
|  | December 31, 2024 |  |  | December 31, 2023 |
Stock Price |  | $ | 1.29 |  |  | $ | 1.66 |
Conversion Price of conversion feature |  | $ | 5.00 |  |  | $ | 5.00 |
Term |  | 0.29 years |  |  | 1.29 years |
Risk Free Interest Rate |  |  | 4.37 | % |  |  | 4.79 | %
Credit Adjusted Discount Rate |  |  | 12.43 | % |  |  | 12.86 | %
Volatility |  |  | 152 | % |  |  | 69 | %
Dividend Rate |  |  | 0 | % |  |  | 0 | %
Roll Forward of Derivative Liability - Contingent Interest | The roll forward of the April 2021 Note derivative liability – contingent interest is as follows:
Balance – December 31, 2022 |  | $ | 249,000 |
Fair Value Adjustment |  |  | 182,000 |
Balance – December 31, 2023 |  |  | 431,000 |
Fair Value Adjustment |  |  | (384,000 | )
Balance – December 31, 2024 |  | $ | 47,000 |
September Note [Member] |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
Key Assumptions Used in Model at Inception | The September 2021 Note derivative liability – contingent interest was valued using a Monte Carlo Geometric Brownian Stock Path Model. The key assumptions used in the model at inception, and at December 31, 2024 and 2023 are as follows:
|  | December 31, 2024 |  |  | December 31, 2023 |
Stock Price |  | $ | 1.29 |  |  | $ | 1.66 |
Conversion Price of conversion feature |  | $ | 8.64 |  |  | $ | 8.64 |
Term |  | 0.72 years |  |  | 1.72 years |
Risk Free Interest Rate |  |  | 4.16 | % |  |  | 4.23 | %
Credit Adjusted Discount Rate |  |  | 12.43 | % |  |  | 12.86 | %
Volatility |  |  | 111 | % |  |  | 75 | %
Dividend Rate |  |  | 0 | % |  |  | 0 | %
Roll Forward of Derivative Liability - Contingent Interest | The roll forward of the September 2021 Note derivative liability – contingent interest is as follows:
Balance – December 31, 2022 |  | $ | 109,000 |
Fair Value Adjustment |  |  | 60,000 |
Balance – December 31, 2023 |  |  | 169,000 |
Fair Value Adjustment |  |  | (75,000 | )
Balance – December 31, 2024 |  | $ | 94,000 |
December Note [Member] |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
Key Assumptions Used in Model at Inception | The December 2021 Note derivative liability – contingent interest was valued using a Monte Carlo Geometric Brownian Stock Path Model. The key assumptions used in the model at inception, and at December 31, 2024 and 2023 are as follows:
|  | December 31, 2024 |  |  | December 31, 2023 |
Stock Price |  | $ | 1.29 |  |  | $ | 1.66 |
Conversion Price of conversion feature |  | $ | 5.43 |  |  | $ | 5.43 |
Term |  | 0.97 years |  |  | 1.97 years |
Risk Free Interest Rate |  |  | 4.16 | % |  |  | 4.23 | %
Credit Adjusted Discount Rate |  |  | 12.43 | % |  |  | 12.86 | %
Volatility |  |  | 102 | % |  |  | 72 | %
Dividend Rate |  |  | 0 | % |  |  | 0 | %
Roll Forward of Derivative Liability - Contingent Interest | The roll forward of the December 2021 Note derivative liability – contingent interest is as follows:
Balance – December 31, 2022 |  | $ | 214,000 |
Fair Value Adjustment |  |  | 190,000 |
Balance – December 31, 2023 |  |  | 404,000 |
Fair Value Adjustment |  |  | (129,000 | )
Balance – December 31, 2024 |  | $ | 275,000 |

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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. + References Reference 1: http://www.xbrl.org/2003/role/exampleRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 55 -Paragraph 100 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482078/820-10-55-100 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482106/820-10-50-2 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482106/820-10-50-2 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482106/820-10-50-3 + Details
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- Definition Tabular disclosure of input and valuation technique used to measure fair value and change in valuation approach and technique for each separate class of asset and liability measured on recurring and nonrecurring basis. + References Reference 1: http://www.xbrl.org/2003/role/exampleRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 55 -Paragraph 103 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482078/820-10-55-103 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (bbb)(2) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482106/820-10-50-2 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (bbb)(1) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482106/820-10-50-2 + Details
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- Definition Tabular disclosure of the fair value measurement of liabilities using significant unobservable inputs (Level 3), a reconciliation of the beginning and ending balances, separately presenting changes attributable to the following: (1) total gains or losses for the period (realized and unrealized), segregating those gains or losses included in earnings (or changes in net assets), and gains or losses recognized in other comprehensive income (loss) and a description of where those gains or losses included in earnings (or changes in net assets) are reported in the statement of income (or activities); (2) purchases, sales, issues, and settlements (each type disclosed separately); and (3) transfers in and transfers out of Level 3 (for example, transfers due to changes in the observability of significant inputs) by class of liability. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482106/820-10-50-3 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (d) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482106/820-10-50-2 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482106/820-10-50-2 + Details
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- Definition Tabular disclosure of assets and liabilities, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, that are measured at fair value on a recurring basis. The disclosures contemplated herein include the fair value measurements at the reporting date by the level within the fair value hierarchy in which the fair value measurements in their entirety fall, segregating fair value measurements using quoted prices in active markets for identical assets (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3). + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482106/820-10-50-2 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482106/820-10-50-2 + Details
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