XML 46 R33.htm IDEA: XBRL DOCUMENT
v3.24.2.u1

TERM LOAN (Tables) | 6 Months Ended
--- | ---
Jun. 30, 2024
Class of Warrant or Right [Line Items] |
SCHEDULE OF FAIR VALUE OF NON-TRANSFERABLE WARRANTS | SCHEDULE OF FAIR VALUE OF WARRANTS
|  | June 14, 2024 |  |  | June 21, 2024 |
Expected dividend yield |  |  | 0 | % |  |  | 0 | %
Stock price |  | $ | 0.81 |  |  | $ | 0.84 |
Expected share price volatility |  |  | 83.17 | % |  |  | 83.71 | %
Risk free interest rate |  |  | 3.23 | % |  |  | 3.30 | %
Expected life of warrant |  |  | 5 years |  |  |  | 5 years |
SCHEDULE OF CONTINUITY OF TERM LOAN | The following is a continuity of the Term Loan: SCHEDULE OF CONTINUITY OF TERM LOAN
|  | $ |
Principal amount of the Term Loan |  |  | 15,000,000 |
Fair value of the attached warrants |  |  | (1,435,350 | )
Term Loan at fair value on issuance, June 28, 2023 |  |  | 13,564,650 |
Transaction costs |  |  | (787,175 | )
Accretion of warrant value and transaction costs |  |  | 631,540 |
Fair value of Term Loan as of December 14, 2023 |  |  | 13,409,015 |
Additional principal amount of Term Loan on Dec 14, 2023 |  |  | 5,882,353 |
Term Loan issue discount |  |  | (882,353 | )
Fair value of the attached warrants |  |  | (275,961 | )
Transaction fee for modification |  |  | (219,212 | )
Fair value of modified Term Loan as of December 14, 2023 |  |  | 17,913,842 |
Accretion of warrant value and transaction costs |  |  | 42,581 |
Term Loan balance, December 31, 2023 |  |  | 17,956,423 |
Accrued interest |  |  | 1,038,412 |
Accretion of warrant value and transaction costs |  |  | 492,044 |
Interest paid |  |  | (1,038,412 | )
Term Loan balance, June 30, 2024 |  |  | 18,448,467 |
Non Transferable Warrants [Member] |
Class of Warrant or Right [Line Items] |
SCHEDULE OF FAIR VALUE OF NON-TRANSFERABLE WARRANTS | The fair value of the Non-Transferable Warrants was calculated using the following assumptions: SCHEDULE OF FAIR VALUE OF NON-TRANSFERABLE WARRANTS
|  | June 28, 2023 |  |  | December 14, 2023 |
Expected dividend yield |  |  | 0 | % |  |  | 0 | %
Stock price |  | $ | 1.35 |  |  | $ | 1.14 |
Expected share price volatility |  |  | 92.06 | % |  |  | 63.54 | %
Risk free interest rate |  |  | 4.13 | % |  |  | 3.73 | %
Expected life of warrant |  |  | 3 years |  |  |  | 2.54 years |

X
- 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 No definition available. + Details
Name: | us-gaap_ClassOfWarrantOrRightLineItems
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- 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
Name: | us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisValuationTechniquesTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(22)) -SubTopic 10 -Topic 210 -Publisher FASB -URI https://asc.fasb.org/1943274/2147480566/210-10-S99-1 Reference 2: http://www.xbrl.org/2003/role/exampleRef -Topic 470 -SubTopic 20 -Name Accounting Standards Codification -Section 55 -Paragraph 69B -Publisher FASB -URI https://asc.fasb.org/1943274/2147481568/470-20-55-69B Reference 3: http://www.xbrl.org/2003/role/exampleRef -Topic 470 -SubTopic 20 -Name Accounting Standards Codification -Section 55 -Paragraph 69E -Publisher FASB -URI https://asc.fasb.org/1943274/2147481568/470-20-55-69E Reference 4: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 235 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 3 -Subparagraph (SX 210.12-04(a)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480678/235-10-S99-3 Reference 5: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 835 -SubTopic 30 -Name Accounting Standards Codification -Section 45 -Paragraph 2 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482925/835-30-45-2 Reference 6: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 3 -Publisher FASB -URI https://asc.fasb.org/1943274/2147481112/505-10-50-3 Reference 7: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 942 -SubTopic 470 -Section 50 -Paragraph 3 -Publisher FASB -URI https://asc.fasb.org/1943274/2147477734/942-470-50-3 Reference 8: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 8 -Publisher FASB -URI https://asc.fasb.org/1943274/2147481112/505-10-50-8 Reference 9: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 505 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 6 -Publisher FASB -URI https://asc.fasb.org/1943274/2147481112/505-10-50-6 Reference 10: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 505 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 7 -Publisher FASB -URI https://asc.fasb.org/1943274/2147481112/505-10-50-7 + Details
Name: | us-gaap_ScheduleOfDebtInstrumentsTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Details
Name: | us-gaap_ClassOfWarrantOrRightAxis=PNRLF_NonTransferableWarrantsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |