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Segment and Geographic Information (Tables)
12 Months Ended
Dec. 31, 2024
Segment and Geographic Information  
Summary of selected financial information of single operating segment

    

For the Year Ended December 31,

2024

    

2023

Revenue

$

542,166

$

Cost of Goods Sold

 

448,095

 

Operating expenses:

 

  

 

  

General and administrative expenses

 

5,579,218

 

6,283,770

Research and development expenses

 

3,400,021

 

3,238,925

Depreciation and amortization

 

32,564

 

36,634

Total operating expenses

 

9,011,803

 

9,559,329

Loss from operations

 

(8,917,732)

 

(9,559,329)

Other income (expense):

 

  

 

  

Interest expense

 

(12,364,656)

 

(10,251,094)

Change in fair value of derivative liabilities

 

(7,404,768)

 

649,244

Change in fair value of warrant liabilities

 

5,783,073

 

(16,371,612)

Other income (expense), net

 

(161,712)

 

Total other income (expense):

 

(14,148,063)

 

(25,973,462)

Net loss

$

(23,065,795)

$

(35,532,791)