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Share Based Payments (Tables)
12 Months Ended
Dec. 31, 2023
Share Based Payments [Abstract]  
Schedule of Share Option Plan Tiziana Life Sciences PLC Share Option Plan
   2023   2022 Restated   2021 
   Weighted       Weighted       Weighted     
   Average
exercise
price
(cents)
   Options
(’000)
   Average
exercise
price
(cents)
   Options
(’000)
   Average
exercise
price
(cents)
   Options
(’000)
 
                         
Outstanding at 1 January   59    6,724    90    22,234    67    17,024 
Granted   
-
    
-
    
-
    
-
    166    5,210 
Forfeited/Cancelled   (44)   (103)   (92)   (15,510)   
-
    
-
 
Exercised   
-
    
-
    
-
    
-
    
-
    
-
 
                               
Outstanding at 31 December   62    6,621    59    6,724    90    22,234 
                               
Exercisable at 31 December   60    2,829    58    2,732    54    7,616 
Schedule of Share Options Expiry Dates and Exercise Price Share options outstanding at the end of the year have the following expiry dates and exercise prices:
Grant Date  Expiry Date  Exercise
Price
   Share Options
at
31 December
2023
(’000)
 
26 June 2014  26 June 2024  $0.47    1,831 
30 April 2018  30 April 2028  $1.10    500 
6 May 2020  5 May 2028  $0.47    3,690 
23 July 2020  26 July 2030  $2.11    100 
25 August 2020  24 August 2030  $1.98    500 
Total           6,621 
Grant Date  Expiry Date  Exercise
Price
   Share Options
as at 31 December
2023
(’000)
 
01 August 2022  01 August 2032  $0.74    725 
04 November 2022  04 November 2032  $0.67    1,850 
14 March 2023  14 March 2033  $0.57    993 
26 July 2023  26 July 2033  $0.67    700 
Total           4,268 
Schedule of Model Inputs for Options Granted Under the Black Scholes Valuation Model The model inputs for options granted during the year ended 31 December 2022 valued under the Black-Scholes-Merton model included:
   4 November
2022
   1 August
2022
 
         
Grant date share price  $0.679   $0.741 
Exercise share price  $0.679   $0.741 
Risk free rate   -0.10% to -0.02%    0.32% to 0.65% 
Expected volatility   99% to 122%    90% to 126% 
Option life   10 years    10 years 
Weighted average share price  $0.67   $0.741 
Weighted average fair value per share option  $0.690   $0.690 
   26 July
2023
   14 March
2023
 
         
Grant date share price  $0.67   $0.57 
Exercise share price  $0.67   $0.57 
Risk free rate   3.88%   3.88%
Expected volatility   118%   119%
Option life   10 years    10 years 
Weighted average share price  $0.67   $0.57 
Weighted average fair value per share option  $0.67   $0.57 
   21 January
2020
   21 January
2020
   1 June
2020
 
             
Grant date share price  £0.43   £0.43   £1.15 
Exercise share price  £0.42   £0.35   £0.70 
Risk free rate   0.64%   0.40%   0.04%
Expected volatility   61.7%   84.7%   111%
Schedule of Equity Incentive Plan
   2023   2022 
   Weighted       Weighted     
   Average
exercise
price
(cents)
   Options
(’000)
   Average
exercise
price
(cents)
   Options
(’000)
 
                 
Outstanding at 1 January   69    2,575    
-
    
-
 
Granted   61    1,753    69    2,575 
Forfeited/Cancelled   (57)   (60)   
-
    
-
 
Exercised   
-
    
-
    
-
    
-
 
                     
Outstanding at 31 December   73    4,268    69    2,575 
                     
Exercisable at 31 December   
-
    
-
    
-
    
-
 
Schedule of Estimated the Fair Value of Warrants Using
    2023
$000
    2022
$000
    2021
$000
 
                   
Outstanding at 1 January     697       697       697  
Exercised     (438 )    
-
     
-
 
Expired     (259 )    
-
     
-
 
                         
Outstanding at 31 December    
-
      697       697