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FAIR VALUE MEASUREMENT (Tables) | 12 Months Ended
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Dec. 31, 2023
Fair Value Disclosures [Abstract] |
SCHEDULE OF BLACK-SCHOLES OPTION PRICING MODEL (LEVEL 3 INPUTS) USING ASSUMPTIONS | SCHEDULE OF BLACK-SCHOLES OPTION PRICING MODEL (LEVEL 3 INPUTS) USING ASSUMPTIONS
|  | 2023 |  |  | 2022 |
|  | For the Years Ended |
|  | December 31, |
|  | 2023 |  |  | 2022 |
Risk free interest rate |  |  | 4.04 | % |  |  | 4.12 | %
Expected term (years) |  |  | 2.86 |  |  |  | 3.86 |
Expected volatility |  |  | 87 | % |  |  | 94 | %
Expected dividends |  |  | 0.00 | % |  |  | 0.00 | %
SCHEDULE OF FAIR VALUE OF LEVEL 3 LIABILITIES MEASURED AT FAIR VALUE ON RECURRING BASIS | The following table sets forth a summary of the changes in the fair value of Level 3 liabilities that are measured at fair value on a recurring basis during the years ended December 31, 2022 and 2023: SCHEDULE OF FAIR VALUE OF LEVEL 3 LIABILITIES MEASURED AT FAIR VALUE ON RECURRING BASIS
|  | As Restated |
Balance, January 1, 2022 |  | $ | 10,814,206 |
Change in fair value of derivative liability |  |  | (5,272,473 | )
Outstanding, December 31, 2022 |  |  | 5,541,733 |
Change in fair value of derivative liability |  |  | (3,997,780 | )
Outstanding, December 31, 2023 |  | $ | 1,543,953 |
SCHEDULE OF ASSETS AND LIABILITIES MEASURED AT FAIR VALUE ON RECURRING BASIS | Assets and liabilities measured at fair value on a recurring basis are as follows: SCHEDULE OF ASSETS AND LIABILITIES MEASURED AT FAIR VALUE ON RECURRING BASIS
|  | Fair value measurements at reporting date using: |
|  | Quoted prices in active markets for identical liabilities (Level 1) |  |  | Significant other observable inputs (Level 2) |  |  | Significant unobservable inputs (Level 3) |  |  | Total Fair Value |
Assets: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Marketable securities as of December 31, 2023 |  | $ | 10,181,618 |  |  | $ | - |  |  | $ | - |  |  | $ | 10,181,618 |
Marketable securities as of December 31, 2022 |  | $ | 13,035,636 |  |  | $ | - |  |  | $ | - |  |  | $ | 13,035,636 |
Marketable securities |  | $ | 13,035,636 |  |  | $ | - |  |  | $ | - |  |  | $ | 13,035,636 |
Liabilities: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Derivative liabilities as of December 31, 2023 (As Restated) |  | $ | - |  |  | $ | - |  |  | $ | 1,543,953 |  |  | $ | 1,543,953 |
Derivative liabilities as of December 31, 2022 (As Restated) |  | $ | - |  |  | $ | - |  |  | $ | 5,541,733 |  |  | $ | 5,541,733 |
Derivative liabilities (As Restated) |  | $ | - |  |  | $ | - |  |  | $ | 5,541,733 |  |  | $ | 5,541,733 |

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- Definition Tabular disclosure of input and valuation technique used to measure fair value and change in valuation approach and technique for each separate class of asset and liability measured on recurring and nonrecurring basis. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (bbb) -SubTopic 10 -Topic 820 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482106/820-10-50-2 + Details
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- Definition Tabular disclosure of liabilities, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, by class that are measured at fair value on a recurring basis. The disclosures contemplated herein include the fair value measurements at the reporting date by the level within the fair value hierarchy in which the fair value measurements in their entirety fall, segregating fair value measurements using quoted prices in active markets for identical assets (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3). Where the quoted price in an active market for the identical liability is not available, the Level 1 input is the quoted price of an identical liability when traded as an asset. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482106/820-10-50-2 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482106/820-10-50-2 + Details
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- Definition Tabular disclosure of assets and liabilities, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, that are measured at fair value on a recurring basis. The disclosures contemplated herein include the fair value measurements at the reporting date by the level within the fair value hierarchy in which the fair value measurements in their entirety fall, segregating fair value measurements using quoted prices in active markets for identical assets (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3). + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482106/820-10-50-2 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482106/820-10-50-2 + Details
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