XML 203 R89.htm IDEA: XBRL DOCUMENT
v3.24.4

STOCK OPTIONS AND WARRANTS (Details Narrative) - USD ($) |  | 1 Months Ended | 3 Months Ended | 9 Months Ended | 12 Months Ended |  |  |  |  |
--- | --- | --- | --- | --- | --- | --- | --- | --- | --- | ---
Apr. 03, 2023 | Sep. 26, 2024 | Dec. 29, 2023 | Sep. 30, 2024 | Sep. 30, 2023 | Sep. 30, 2024 | Sep. 30, 2023 | Dec. 31, 2023 | Dec. 31, 2022 | Aug. 21, 2023 | Sep. 19, 2022 | May 25, 2022 | Dec. 31, 2021 | Dec. 21, 2021
Share-based compensation expense |  |  |  | $ 109,636 | $ 109,636 | $ 326,525 | $ 214,505 | $ 323,957 |  |  |  |  |  |
Discription of incentive stock awards |  |  |  |  |  | The awards are in the form of restricted stock and will vest in two parts: 50% on October 2, 2023 and 50% on October 2, 2024 |  | The awards are in the form of restricted stock and will vest in two parts: 50% on October 2, 2023 and 50% on October 2, 2024 |  |  |  |  |  |
Number of Warrants Outstanding |  |  |  |  |  |  |  | 0 |  |  |  |  |  |
Option Exercisable |  |  |  |  |  |  |  | 0 |  |  |  |  |  |
Total shares of awarded | 185,000 |  |  |  |  |  |  |  |  |  |  |  |  |
Divined rate |  |  |  |  |  |  |  | 0.00% | 0.00% |  |  |  |  |
Debt issuance price |  |  |  |  |  |  |  |  |  |  |  | $ 15.54 |  |
Common stock share issued |  |  |  | 23,346,023 |  | 23,346,023 |  | 15,982,472 | 10,605,412 |  |  |  |  |
Gross cash proceeds from warrants exercised |  |  |  |  |  | $ 4,240,977 | $ 0 | $ 3,533,741 | $ 10,826,000 |  |  |  |  |
Shares held in escrow |  | 2,532,126 |  |  |  |  |  |  |  |  |  |  |  |
Board of Directors [Member] |  |  |  |  |  |  |  |  |  |  |  |  |  |
Share-based compensation expense |  |  |  | $ 48,425 |  | $ 48,425 |  |  |  |  |  |  |  |
Share reserv for issuance |  |  |  |  |  |  |  |  |  | 2,500,000 |  |  |  |
2023 Plan [Member] |  |  |  |  |  |  |  |  |  |  |  |  |  |
Share reserv for issuance |  |  |  |  |  |  |  |  |  | 2,500,000 |  |  |  |
2022 Plan [Member] |  |  |  |  |  |  |  |  |  |  |  |  |  |
Share reserv for issuance |  |  |  |  |  |  |  |  |  |  | 200,000 |  |  |
Minimum [Member] |  |  |  |  |  |  |  |  |  |  |  |  |  |
Risk free interest rate |  |  |  |  |  |  |  |  | 1.46% |  |  |  |  |
Term |  |  |  |  |  |  |  |  | 1 year 3 months |  |  |  |  |
Maximum [Member] |  |  |  |  |  |  |  |  |  |  |  |  |  |
Risk free interest rate |  |  |  |  |  |  |  |  | 3.75% |  |  |  |  |
Term |  |  |  |  |  |  |  |  | 9 months |  |  |  |  |
Maximum [Member] | 2023 Plan [Member] |  |  |  |  |  |  |  |  |  |  |  |  |  |
Share reserv for issuance |  |  |  |  |  |  |  |  |  | 2,500,000 |  |  |  |
Warrant Exchange [Member] |  |  |  |  |  |  |  |  |  |  |  |  |  |
Number of Exercised Shares Outstanding |  |  | (4,874,126) |  |  | (9,748,252) |  | (3,152,386) |  |  |  |  |  |
Fair value of warrants immediately before the re-pricing |  | $ 4,197,280 | $ 3,603,183 |  |  |  |  |  |  |  |  |  |  |
Fair value of warrants immediately after re-pricing |  | 4,207,073 | 3,610,825 |  |  |  |  |  |  |  |  |  |  |
Deemed dividend |  | $ 6,185,321 | $ 7,218,485 |  |  |  |  | $ 7,642 |  |  |  |  |  |
Warrant exercise price |  |  | $ 1.45 |  |  |  |  |  |  |  |  |  |  |
Warrant with no expiration |  | 4,874,126 | 2,437,063 | 2,332,000 |  | 2,332,000 |  |  |  |  |  |  |  |
Common stock share issued |  | 2,332,000 | 1,487,000 | 2,332,000 |  | 2,332,000 |  |  |  |  |  |  |  |
Gross cash proceeds from warrants exercised |  | $ 4,240,977 | $ 3,533,741 |  |  |  |  |  |  |  |  |  |  |
Shares held in escrow |  | 2,532,126 | 950,063 |  |  |  |  |  |  |  |  |  |  |
Term |  | 5 years | 5 years |  |  |  |  |  |  |  |  |  |  |
Warrant Exchange [Member] | Minimum [Member] |  |  |  |  |  |  |  |  |  |  |  |  |  |
Warrant exercise price |  | $ 0.8701 | $ 2.75 |  |  |  |  | $ 2.75 |  |  |  |  |  |
Warrants exercise price |  | 1.45 | 2.75 |  |  |  |  |  |  |  |  |  |  |
Warrant Exchange [Member] | Maximum [Member] |  |  |  |  |  |  |  |  |  |  |  |  |  |
Warrant exercise price |  | 1.45 | 1.45 |  |  |  |  | $ 1.45 |  |  |  |  |  |
Warrants exercise price |  | $ 0.8701 | $ 1.45 |  |  |  |  |  |  |  |  |  |  |
Warrants [Member] |  |  |  |  |  |  |  |  |  |  |  |  |  |
Fair value of exercise prices before re-pricing |  |  | fair value of common stock of $1.49, b) exercise price of $1.45 before re-pricing, c) exercise price of $2.75 after re-pricing |  |  | exercise price of $1.45 before re-pricing, c) exercise price of $0.8701 after re-pricing |  | exercise prices of $125.00, $150.00 and $187.50 before re-pricing |  |  |  |  |  |
Fair value of terms re-pricing |  |  | terms of 5.07 years and 5.02 years |  |  | term of 4.26 years |  | terms of 1.40 years, 1.97 years, 2.20 years and 2.26 years |  |  |  |  |  |
Number of Warrants Outstanding |  |  |  | 13,432,506 |  | 13,432,506 |  | 8,561,476 | 4,194,236 |  |  |  | 147,930 |
Option Exercisable |  |  |  |  |  |  |  | 8,548,142 |  |  |  |  |  |
Fair value of warrants immediately before the re-pricing |  |  |  |  |  |  |  | $ 1,915,077 |  |  |  |  |  |
Fair value of warrants immediately after re-pricing |  |  |  |  |  |  |  | 9,548,110 |  |  |  |  |  |
Deemed dividend |  |  | $ 7,642 |  |  | $ 9,793 |  | $ 7,633,033 |  |  |  |  |  |
Fair value of common stock |  |  |  | $ 1.49 |  | $ 1.49 |  | $ 93.75 |  |  |  |  |  |
Divined rate |  | 0.00% |  |  |  | 0.00% |  | 0.00% |  |  |  |  |  |
Debt issuance price |  |  |  |  |  |  |  |  |  |  |  |  |  | $ 50.50
Weighted average contractual term |  |  |  |  |  |  |  | 2 years 14 days |  |  |  |  |  |
Warrant to purchase share |  |  |  |  |  |  |  | 101,343 |  |  |  |  |  |
Warrant exercise price |  |  |  |  |  |  |  | $ 50.50 |  |  |  |  |  |
Risk free interest rate |  | 3.83% |  |  |  | 3.55% |  | 0.41% |  |  |  |  |  |
Number of Warrants Exercisable |  |  |  | 8,558,380 |  | 8,558,380 |  | 8,548,142 |  |  |  |  |  |
Warrant issued |  |  |  | 13,432,506 |  | 13,432,506 |  | 8,548,142 |  |  |  |  |  |
Warrant expiration date |  |  |  |  |  | expiration dates from October 2024 through October 2029 and 13,334 warrants with no expiration date |  | expiration dates from March 2024 through October 2029 |  |  |  |  |  |
Warrant with no expiration |  |  |  | 13,419,172 |  | 13,419,172 |  | 13,334 |  |  |  |  |  |

X
- References No definition available. + Details
Name: | cosm_AwardedShares
Namespace Prefix: | cosm_
Data Type: | xbrli:sharesItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | cosm_DiscriptionOfIncentiveStockAwards
Namespace Prefix: | cosm_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | cosm_ExercisePricesBeforeRePricingDescription
Namespace Prefix: | cosm_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | cosm_FairValueOfCommonStockPerShare
Namespace Prefix: | cosm_
Data Type: | num:perShareItemType
Balance Type: | na
Period Type: | instant

X
- References No definition available. + Details
Name: | cosm_FairValueOfWarrantsAfterRepricing
Namespace Prefix: | cosm_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- References No definition available. + Details
Name: | cosm_FairValueOfWarrantsBeforeRepricing
Namespace Prefix: | cosm_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- References No definition available. + Details
Name: | cosm_NumberOfExercisedSharesOutstanding
Namespace Prefix: | cosm_
Data Type: | xbrli:sharesItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | cosm_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionExercisableNumber
Namespace Prefix: | cosm_
Data Type: | xbrli:sharesItemType
Balance Type: | na
Period Type: | instant

X
- References No definition available. + Details
Name: | cosm_SharesHeldInEscrow
Namespace Prefix: | cosm_
Data Type: | xbrli:sharesItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | cosm_TermsRepricingDescription
Namespace Prefix: | cosm_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | cosm_WarrantExercisePriceOfWarrants
Namespace Prefix: | cosm_
Data Type: | num:perShareItemType
Balance Type: | na
Period Type: | instant

X
- References No definition available. + Details
Name: | cosm_WarrantExpirationDateDescription
Namespace Prefix: | cosm_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | cosm_WarrantToPurchaseShares
Namespace Prefix: | cosm_
Data Type: | xbrli:sharesItemType
Balance Type: | na
Period Type: | instant

X
- Definition Amount of expense for award under share-based payment arrangement. Excludes amount capitalized. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 718 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SAB Topic 14.F) -Publisher FASB -URI https://asc.fasb.org/1943274/2147479830/718-10-S99-1 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 718 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (h)(1)(i) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-2 + Details
Name: | us-gaap_AllocatedShareBasedCompensationExpense
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Exercise price per share or per unit of warrants or rights outstanding. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 505 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Publisher FASB -URI https://asc.fasb.org/1943274/2147481112/505-10-50-3 + Details
Name: | us-gaap_ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:perShareItemType
Balance Type: | na
Period Type: | instant

X
- Definition Number of warrants or rights outstanding. + References No definition available. + Details
Name: | us-gaap_ClassOfWarrantOrRightOutstanding
Namespace Prefix: | us-gaap_
Data Type: | xbrli:sharesItemType
Balance Type: | na
Period Type: | instant

X
- Definition The number of warrants or rights which entitle the entity to receive future services in exchange for the unvested, forfeitable warrants or rights. + References No definition available. + Details
Name: | us-gaap_ClassOfWarrantOrRightUnissued
Namespace Prefix: | us-gaap_
Data Type: | xbrli:sharesItemType
Balance Type: | na
Period Type: | instant

X
- Definition Aggregate number of common shares reserved for future issuance. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 210 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(29)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480566/210-10-S99-1 + Details
Name: | us-gaap_CommonStockCapitalSharesReservedForFutureIssuance
Namespace Prefix: | us-gaap_
Data Type: | xbrli:sharesItemType
Balance Type: | na
Period Type: | instant

X
- Definition Total number of common shares of an entity that have been sold or granted to shareholders (includes common shares that were issued, repurchased and remain in the treasury). These shares represent capital invested by the firm's shareholders and owners, and may be all or only a portion of the number of shares authorized. Shares issued include shares outstanding and shares held in the treasury. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 210 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(29)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480566/210-10-S99-1 + Details
Name: | us-gaap_CommonStockSharesIssued
Namespace Prefix: | us-gaap_
Data Type: | xbrli:sharesItemType
Balance Type: | na
Period Type: | instant

X
- Definition The price per share of the conversion feature embedded in the debt instrument. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 470 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 1B -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org/1943274/2147481139/470-20-50-1B Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 470 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 5 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org/1943274/2147481139/470-20-50-5 + Details
Name: | us-gaap_DebtInstrumentConvertibleConversionPrice1
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:perShareItemType
Balance Type: | na
Period Type: | instant

X
- Definition Amount of paid and unpaid cash, stock, and paid-in-kind (PIK) dividends declared, for example, but not limited to, common and preferred stock. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 505 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.3-04) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480008/505-10-S99-1 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 45 -Paragraph 2 -SubTopic 405 -Topic 942 -Publisher FASB -URI https://asc.fasb.org/1943274/2147477787/942-405-45-2 + Details
Name: | us-gaap_Dividends
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition The cash inflow associated with the amount received from holders exercising their stock warrants. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 230 -SubTopic 10 -Name Accounting Standards Codification -Section 45 -Paragraph 14 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482740/230-10-45-14 + Details
Name: | us-gaap_ProceedsFromWarrantExercises
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition The estimated dividend rate (a percentage of the share price) to be paid (expected dividends) to holders of the underlying shares over the option's term. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 718 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (f)(2)(iii) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-2 + Details
Name: | us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition The risk-free interest rate assumption that is used in valuing an option on its own shares. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 718 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (f)(2)(iv) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-2 + Details
Name: | us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition The number of shares into which fully or partially vested stock options outstanding as of the balance sheet date can be currently converted under the option plan. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 718 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (c)(1)(iii) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-2 + Details
Name: | us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
Namespace Prefix: | us-gaap_
Data Type: | xbrli:sharesItemType
Balance Type: | na
Period Type: | instant

X
- Definition Number of options outstanding, including both vested and non-vested options. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 718 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (c)(1)(i) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-2 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 718 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (c)(1)(ii) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-2 + Details
Name: | us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
Namespace Prefix: | us-gaap_
Data Type: | xbrli:sharesItemType
Balance Type: | na
Period Type: | instant

X
- Definition Expected term of award under share-based payment arrangement, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents reported fact of one year, five months, and thirteen days. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 718 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (f)(2)(i) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-2 + Details
Name: | us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
Namespace Prefix: | us-gaap_
Data Type: | xbrli:durationItemType
Balance Type: | na
Period Type: | duration

X
- Definition Weighted average remaining contractual term for option awards outstanding, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 718 -SubTopic 10 -Subparagraph (e)(1) -Name Accounting Standards Codification -Paragraph 2 -Section 50 -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-2 + Details
Name: | us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
Namespace Prefix: | us-gaap_
Data Type: | xbrli:durationItemType
Balance Type: | na
Period Type: | duration

X
- Details
Name: | us-gaap_RelatedPartyTransactionsByRelatedPartyAxis=cosm_BoardOfDirectorsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_AwardDateAxis=cosm_TwoZeroTwentyThreePlanMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_AwardDateAxis=cosm_TwoZeroTwentyTwoPlanMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_PlanNameAxis=cosm_BottomMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_PlanNameAxis=cosm_TopMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_AwardTypeAxis=cosm_WarrantExchangeMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_AwardTypeAxis=cosm_WarrantsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |