XML 55 R38.htm IDEA: XBRL DOCUMENT v3.25.0.1
Preferred and Common Stock (Details)
1 Months Ended 12 Months Ended
Jul. 22, 2024
USD ($)
Jul. 09, 2024
D
director
$ / shares
shares
Jul. 19, 2023
USD ($)
shares
May 16, 2023
USD ($)
$ / shares
shares
Oct. 31, 2024
USD ($)
shares
Aug. 31, 2023
USD ($)
shares
May 31, 2023
USD ($)
shares
Dec. 31, 2024
USD ($)
$ / shares
shares
Dec. 31, 2023
USD ($)
shares
Feb. 29, 2024
$ / shares
Jan. 31, 2024
$ / shares
May 17, 2023
shares
Jun. 30, 2021
$ / shares
Jan. 15, 2021
$ / shares
shares
Preferred and Common Stock                            
Proceeds from issuance of common stock | $               $ 5,191,000 $ 15,331,000          
Net of issuance cost | $                 248,000          
Stock issued for services             20,689              
Vesting term             12 months              
Fair value of options granted | $             $ 150,000              
Number of shares issued in common stock for service           4,137                
Value of common stock for service | $           $ 30,000                
Loss from change in fair value of common stock make-whole obligation | $               $ 45,000 $ 44,000          
Exercise price of warrants | $ / shares                   $ 1.83 $ 1.83      
Minimum                            
Preferred and Common Stock                            
Vesting term               4 months            
Maximum                            
Preferred and Common Stock                            
Vesting term               7 years            
Common Stock                            
Preferred and Common Stock                            
Issuance of common stock         57,030     2,158,316 2,627,061          
Committed Equity Shares | Common Stock Purchase Agreement and Registration Rights Agreement | BRPC II                            
Preferred and Common Stock                            
Proceeds from issuance of common stock | $               $ 961,245            
Issuance of common stock     45,252         292,726            
Shares agreed to sell     20,000,000                      
Period commencing upon the initial satisfaction of the conditions     24 months                      
Minimum aggregate proceeds to be received on resale of shares | $     $ 200,000                      
Fair market value of shares | $               $ 200,000            
Loss from change in fair value of common stock make-whole obligation | $               $ 45,000 $ 44,000          
Market whole obligation payable | $                 $ 44,000          
Committed Equity Shares | Minimum | Common Stock Purchase Agreement and Registration Rights Agreement | BRPC II                            
Preferred and Common Stock                            
Minimum aggregate proceeds to be received on resale of shares | $     $ 200,000                      
Series A Preferred Stock                            
Preferred and Common Stock                            
Number of common stock that each share of preferred stock may be converted into                       2    
Preferred stock, shares outstanding               0 0          
Series B Preferred Stock                            
Preferred and Common Stock                            
Share price | $ / shares                         $ 15 $ 2.8125
Number of common stock that each share of preferred stock may be converted into                       2   3.375
Preferred stock, shares outstanding               0 0          
Series C Preferred Stock                            
Preferred and Common Stock                            
Number of common stock that each share of preferred stock may be converted into                       2    
Preferred stock, shares outstanding               0 0          
Series D Preferred Stock                            
Preferred and Common Stock                            
Preferred stock, shares outstanding               4,361,249            
Exercise price of warrants | $ / shares               $ 2.67            
Number of shares called by warrants               85,705            
Initial Public Offering                            
Preferred and Common Stock                            
Proceeds from issuance of common stock | $       $ 15,300,000                    
Net of issuance cost | $       $ 2,000,000                    
Issuance of common stock       2,374,641                    
Share price | $ / shares       $ 7.25                    
At the Market Common Stock Offering | Maximum                            
Preferred and Common Stock                            
Aggregate gross proceeds | $ $ 25,000,000                          
Agent commission, percentage over gross sales price 3.00%                          
At the Market Common Stock Offering | Common Stock                            
Preferred and Common Stock                            
Proceeds from issuance of common stock | $               $ 5,300,000            
Issuance of common stock               2,072,790            
Offering of Series D Preferred Stock                            
Preferred and Common Stock                            
Share price | $ / shares   $ 2.25                        
Number of shares per warrant   1                        
Exercise price of warrants | $ / shares   $ 3.375                        
Number of days warrants exercisable | D   180                        
Number of additional directors to be elected by preferred shareholders | director   2                        
Offering of Series D Preferred Stock | Redemption price up to 180th day                            
Preferred and Common Stock                            
Redemption price per share | $ / shares   $ 4.5                        
Offering of Series D Preferred Stock | Redemption price after 180th day until third anniversary                            
Preferred and Common Stock                            
Redemption price per share | $ / shares   3.9375                        
Offering of Series D Preferred Stock | Redemption price from and after third anniversary                            
Preferred and Common Stock                            
Redemption price per share | $ / shares   $ 3.375                        
Offering of Series D Preferred Stock | Maximum                            
Preferred and Common Stock                            
Units available for stock offering   5,790,479                        
Offering of Series D Preferred Stock | Common Stock                            
Preferred and Common Stock                            
Number of shares called by warrants               5,773,979            
Offering of Series D Preferred Stock | Series D Preferred Stock                            
Preferred and Common Stock                            
Number of common stock that each share of preferred stock may be converted into   1                        
Number of shares issued per unit   1                        
Dividend rate (in percent)   8.00%                        
Liquidating preference per share | $ / shares   $ 2.25                        
Convertible share into one share of common stock   1                        
Conversion of preferred stock, share price test, number of consecutive trading days price must remain above target price | D   10                        
Preferred stock dividends | $         $ 151,000