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FAIR VALUE MEASUREMENTS (Tables) | 3 Months Ended
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Mar. 31, 2025
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
Schedule of Fair Value of Financial Assets and Financial Liabilities | The following tables set forth the fair value of the Company’s financial assets and liabilities by level within the fair value hierarchy as of March 31, 2025 and December 31, 2024:
|  | At March 31, 2025 |
|  | Level 1 |  |  | Level 2 |  |  | Level 3 |  |  | Total |
Assets: |  |  |  |  |  |  |  |  |  |  |  |
Convertible Note Receivable |  | $ | — |  |  | $ | — |  |  | $ | 260,000 |  |  | $ | 260,000 |
Total assets |  | $ | — |  |  | $ | — |  |  | $ | 260,000 |  |  | $ | 260,000 |
Liabilities: |  |  |  |  |  |  |  |  |  |  |  |
Junior Note Warrants |  | $ | — |  |  | $ | — |  |  | $ | 1,315 |  |  | $ | 1,315 |
Indigo Capital Convertible Notes |  |  | — |  |  |  | — |  |  |  | 4,047,000 |  |  |  | 4,047,000 |
Total liabilities |  | $ | — |  |  | $ | — |  |  | $ | 4,048,315 |  |  | $ | 4,048,315 |
|  | At December 31, 2024 |
|  | Level 1 |  |  | Level 2 |  |  | Level 3 |  |  | Total |
Junior Note Warrants |  | $ | — |  |  | $ | — |  |  | $ | 128,615 |  |  | $ | 128,615 |
Convertible note derivative liability (1) |  | $ | — |  |  | $ | — |  |  | $ | 37,900 |  |  | $ | 37,900 |
(1) Represents the August 2024 Convertible Note Derivative Liability, as defined and described in Note 8, Notes and Convertible Notes Payable. In March 2025, the remaining August 2024 Convertible Notes were purchased by Indigo Capital and subsequently extinguished. For additional information, see Note 8.
Schedule of Changes in Fair Value of Financial Assets | The following table sets forth a summary of the changes in fair value of the Company's Convertible Loan Receivable:
|  | Three Months Ended March 31, |
|  | 2025 |
Fair value, beginning balance |  | $ | — |
Fair value at issuance |  |  | 260,000 |
Change in fair value |  |  | — |
Fair value, ending balance |  | $ | 260,000 |
Junior Note Warrants [Member] |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
Schedule of Aggregate Fair value of Warrants | The significant inputs to the calculation of the fair value of the Junior Note Warrant liability were as follows:
|  |  | Three Months Ended March 31,
|  |  | 2025 |  |  | 2024
Junior Note Warrants: |  |  |  |  |  |
Stock price |  | $ | 0.19 |  | $ | 0.14
Expected term (in years) |  |  | 3.7 - 4.4 |  |  | 4.7
Expected volatility |  |  | 62.4% - 65.2% |  |  | 69.8%
Risk-free interest rate |  |  | 3.9% |  |  | 4.2%
Expected dividend yield |  |  | 0.0% |  |  | 0.0%
Schedule of Changes in Fair Value of Financial Liabilities | The following table sets forth a summary of the changes in fair value of the Company's Junior Note Warrants issued in November 2023:
|  | Three Months Ended March 31, |
|  | 2025 |  |  | 2024 |
Fair value, beginning balance |  | $ | 128,615 |  |  | $ | 2,238,519 |
Change in fair value |  |  | (127,300 | ) |  |  | (3,311 | )
Fair value, ending balance |  | $ | 1,315 |  |  | $ | 2,235,208 |
Indigo Capital Convertible Notes [Member] |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
Schedule of Aggregate Fair value of Warrants | The significant inputs to the calculation of the fair value of the Indigo Capital Convertible Notes during the three months ended March 31, 2025 were as follows:
|  | Three Months Ended March 31,
|  | 2025
Indigo Capital Convertible Notes: |  |
Stock price | $ | 0.19 - 0.26
Expected term (in years) |  | 0.92 - 0.99
Schedule of Changes in Fair Value of Financial Liabilities | The following table sets forth a summary of the changes in fair value of the Company's Indigo Capital Convertible Notes:
|  | Three Months Ended March 31, |
|  | 2025 |
|  | (As Restated) |
Fair value, beginning balance |  | $ | — |
Fair value at issuance |  |  | 5,211,100 |
Fair value of debt converted |  |  | (907,578 | )
Change in fair value |  |  | (256,522 | )
Fair value, ending balance |  | $ | 4,047,000 |
August 2024 Convertible Note Derivative Liability [Member] |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
Schedule of Changes in Fair Value of Financial Liabilities | The following table sets forth a summary of the changes in fair value of the Company's August 2024 Convertible Note Derivative Liability:
|  | Three Months Ended March 31, |
|  | 2025 |  |  | 2024 |
Fair value, beginning balance |  | $ | 37,900 |  |  | $ | — |
Extinguishment of August 2024 Convertible Notes |  |  | (37,900 | ) |  |  | — |
Fair value, ending balance |  | $ | — |  |  | $ | — |
Convertible Notes Receivable [Member] |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |
Schedule of Aggregate Fair value of Warrants | The significant inputs to the calculation of the fair value of the Convertible Loan Receivable were as follows:
|  | Three Months Ended March 31,
|  | 2025
Convertible Note Receivable |  |
Stock price | £ | 0.000035
Expected term (in years) |  | 1.25
Expected volatility |  | 157.7%
Risk-free interest rate |  | 4.2%
Expected dividend yield |  | 0.0%

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