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Warrant Liabilities (Tables)
 6 Months Ended
Jun. 30, 2024
Warrant Liabilities [Abstract]  
Schedule of Fair Value of the Warrants The following are the assumptions used in calculating fair value of the Warrants on the date of issuance:
Trading price of common stock on measurement date  $0.82 
Exercise price  $1.50 
Risk free interest rate   4.14%
Warrant life in years   10.0 
Expected volatility   88.62%
Expected dividend yield   
—
 
Probability of an event causing a warrant re-price   25.0%
The following are the assumptions used in calculating fair value of the Warrants on June 30, 2024:
Trading price of common stock on measurement date  $1.04 
Exercise price  $1.50 
Risk free interest rate   4.36%
Warrant life in years   9.6 
Expected volatility   89.24%
Expected dividend yield   
—
 
Probability of an event causing a warrant re-price   25.0%