XML 114 R102.htm IDEA: XBRL DOCUMENT v3.25.3
Segment and Geographic Information (Details)
3 Months Ended 6 Months Ended
Jun. 30, 2025
USD ($)
$ / shares
shares
Jun. 30, 2024
USD ($)
$ / shares
shares
Jun. 30, 2025
USD ($)
segment
$ / shares
shares
Jun. 30, 2024
USD ($)
$ / shares
shares
Segment and Geographic Information        
Number of reportable segments | segment     1  
Gross margin $ 126,559 $ 74,071 $ 228,380 $ 74,071
Operating expenses:        
Research and development expenses 1,309,956 914,619 2,328,308 1,789,961
Depreciation and amortization 8,898 8,120 17,113 16,239
Loss from operations (3,890,115) (2,223,454) (19,475,969) (4,217,144)
Other income (expense):        
Change in fair value of derivative liabilities   (33,754) (827,445) (575,393)
Change in fair value of warrant liabilities   (435,469) 223,162 (13,478,661)
Change in earnout liability (17,000)   13,000  
Transaction costs expensed     (8,763,915)  
Gain on settlement of forward purchase agreement     1,406,669  
Other income   (30,195)   (16,176)
Interest expense (612,886) (2,984,232) (1,336,353) (5,857,183)
Gain (loss) on extinguishment of debt (2,454,178)   3,941,432  
Total other expense (3,050,064) (3,483,650) (5,369,450) (19,927,413)
Loss before income taxes (6,940,179) (5,707,104) (24,845,419) (24,144,557)
Net loss $ (6,940,179) $ (5,707,104) $ (24,845,419) $ (24,144,557)
Net loss per share:        
Basic (in dollars per share) | $ / shares $ (0.16) $ (0.44) $ (0.74) $ (1.78)
Diluted (in dollars per share) | $ / shares $ (0.16) $ (0.44) $ (0.74) $ (1.78)
Weighted average number of shares/units:        
Basic (in shares) | shares 44,140,202 14,184,397 33,756,838 14,184,397
Diluted (in shares) | shares 44,140,202 14,184,397 33,756,838 14,184,397
Single reportable segment        
Segment and Geographic Information        
Revenue $ 883,974 $ 522,166 $ 1,230,024 $ 522,166
Cost of goods sold 757,415 448,095 1,001,644 448,095
Gross margin 126,559 74,071 228,380 74,071
Operating expenses:        
General and administrative expenses 2,697,820 1,374,786 17,358,928 2,485,015
Research and development expenses 1,309,956 914,619 2,328,308 1,789,961
Depreciation and amortization 8,898 8,120 17,113 16,239
Total operating expenses 4,016,674 2,297,525 19,704,349 4,291,215
Loss from operations (3,890,115) (2,223,454) (19,475,969) (4,217,144)
Other income (expense):        
Change in fair value of derivative liabilities   (33,754) (827,445) (575,393)
Change in fair value of warrant liabilities   (435,469) 223,162 (13,478,661)
Change in earnout liability 17,000   13,000  
Transaction costs expensed     (8,763,915)  
Gain on settlement of forward purchase agreement     1,406,669  
Other income   (30,195)   (16,176)
Interest expense (612,886) (2,984,232) (1,336,353) (5,857,183)
Gain (loss) on extinguishment of debt (2,454,178)   3,941,432  
Total other expense (3,050,064) (3,483,650) (5,369,450) (19,927,413)
Loss before income taxes (6,940,179) (5,707,104) (24,845,419) (24,144,557)
Net loss $ (6,940,179) $ (5,707,104) $ (24,845,419) $ (24,144,557)
Net loss per share:        
Basic (in dollars per share) | $ / shares $ (0.16) $ (0.44) $ (0.74) $ (1.78)
Diluted (in dollars per share) | $ / shares $ (0.16) $ (0.44) $ (0.74)  
Weighted average number of shares/units:        
Basic (in shares) | shares 44,140,202 14,184,397 33,756,838 14,184,397
Diluted (in shares) | shares 44,140,202 14,184,397 33,756,838