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Subsequent Events
6 Months Ended
Jun. 30, 2025
Subsequent Events [Abstract]  
Subsequent Events

Note 21 – Subsequent Events

 

The Company evaluates events that have occurred after the balance sheet date through the date these financial statements were issued, noting no reportable event, except as follows:

 

ATM Offering

 

On July 29, 2025, we entered into an At-The-Market Issuance Sales Agreement (the “ATM Agreement”) with Alexander Capital, L.P., as selling agent (the “Sales Agent”). In accordance with the terms of the ATM Agreement, we may offer and sell shares of our common stock from time to time through the Sales Agent having an aggregate offering price of up to $3,000,000. The Sales Agent will receive a commission of 3.0% of the gross proceeds of the sales price per share for any shares sold under the ATM Agreement.

 

As of August 13, 2025, 1,000,000 shares of common stock were issued and 777,896 shares of common stock were sold through the Sales Agent under the ATM Agreement, for aggregate gross proceeds of $1,760,489.

 

Exercise of Warrants

 

Following June 30, 2025, warrants to purchase an aggregate of 138,716 shares of common stock at an exercise price of $1.00 per share were exercised, and 63,716 shares were issued, resulting in gross proceeds to the Company of $138,716.