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FAIR VALUE MEASUREMENT (Tables)

12 Months Ended

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

X

- 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

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-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

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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)
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-URI https://asc.fasb.org//1943274/2147482106/820-10-50-2

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-Paragraph 2
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+ 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

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-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

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