XML 147 R54.htm IDEA: XBRL DOCUMENT v3.25.1
STOCKHOLDERS’ DEFICIT (Details Narrative) - USD ($)
 1 Months Ended 12 Months Ended
Aug. 21, 2024
Mar. 27, 2024
Mar. 31, 2024
Nov. 30, 2021
Dec. 31, 2024
Dec. 31, 2023
Jun. 30, 2024
Feb. 14, 2024
Class of Stock [Line Items]                
Common shares, shares issued         177,991,365 119,999,989    
Common shares, shares outstanding         177,991,365 119,999,989   164,614,418
Preferred stock, shares authorized         20,000,000      
Preferred shares, par value         $ 0.0001      
Share price         $ 10.00      
Gross proceeds         $ 2,000,000    
Loss on preferred stock issuance         799,990    
Stock Issued During Period, Value, New Issues         $ 2,799,990      
Semper Paratus [Member]                
Class of Stock [Line Items]                
Number of warrants issued       17,975,000        
Semper Paratus [Member] | Private Placement [Member]                
Class of Stock [Line Items]                
Number of warrants issued       725,000        
Number of warrants outstanding         588,398      
Semper Paratus [Member] | Public Warrants [Member]                
Class of Stock [Line Items]                
Exercise price       $ 11.50        
Exercisable date       Mar. 15, 2024        
Warrants redemption description       The Company may redeem the public warrants if the Company’s common stock equals or exceeds $18.00 per share for 20 trading days within a 30-trading day period ending on the third trading day prior to the date on which the Company sends the notice of redemption to the holders of public warrants        
Number of warrants outstanding         17,386,580      
Semper Paratus [Member] | Public Warrants [Member] | IPO [Member]                
Class of Stock [Line Items]                
Number of warrants issued       17,250,000        
Series A Preferred Stock [Member]                
Class of Stock [Line Items]                
Preferred stock, shares authorized     2,000   2,000      
Preferred shares, par value         $ 0.0001      
Preferred stock, shares issued         500      
Gross proceeds         $ 2,000,000      
Dividend rate, percentage         5.00%      
Dividend variable rate, description         the Series A Original Issue Price, which rate will automatically increase by 2% every year that the Series A remains outstanding (the “Series A Accruing Dividends”). These dividends become payable when and if declared by the Company. The Series A Preferred Stock will also participate on an as-converted basis in any regular or special dividends paid to holders of the common stock      
Redemption price per share         $ 5.00      
Redemption term         the twenty days immediately prior to the Company’s call election      
Floor price         $ 4.00      
Preferred stock shares outstanding         500      
Series A Preferred Stock [Member] | Investor [Member]                
Class of Stock [Line Items]                
Preferred stock, shares issued     500          
Share price     $ 4,000          
Gross proceeds     $ 2,000,000          
Loss on preferred stock issuance     $ 799,990          
Price per share     $ 5,600          
Series A1 Preferred Stock [Member] | The Patel Family LLP [Member]                
Class of Stock [Line Items]                
Share price   $ 10,000            
Dividend variable rate, description   The terms of the Series A-1 Preferred Stock are identical to the Series A, except that the cumulative dividends are capped at 15% per annum, and the Series A-1 Issuance Price is defined as $10,000 per share            
Stock Issued During Period, Shares, New Issues   600            
Stock Issued During Period, Value, New Issues   $ 6,000,000            
Non refundable deposist paid         $ 3,000,000      
Series B Preferred Stock [Member]                
Class of Stock [Line Items]                
Conversion of certain liabilities into Series B preferred stock, shares     3,613          
Conversion of certain liabilities into Series B preferred stock     $ 3,613,000          
Preferred stock shares outstanding             0  
Liabilities assumed         $ 2,600,000      
Series C Preferred Stock [Member]                
Class of Stock [Line Items]                
Preferred stock, shares authorized         600      
Preferred shares, par value         $ 0.0001      
Preferred stock, shares issued         600      
Dividend rate, percentage         7.50%      
Dividend variable rate, description         the event of a liquidation of the Company, or certain deemed liquidation events, the Series C is redeemable for a price equal to the greater of the Series C Original Issue Price plus all Series C Accruing Dividends that are unpaid through the redemption date, or such asset amount as would have been payable had the Series C converted into shares of common stock immediately before the liquidation or deemed liquidation event      
Floor price         $ 0.6172      
Preferred stock shares outstanding         600      
Series C Preferred Stock [Member] | The Patel Family LLP [Member]                
Class of Stock [Line Items]                
Share price $ 10,000              
Gross proceeds $ 6,000,000              
Stock Issued During Period, Shares, New Issues 600