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Equity Incentive Plans and Share-Based Payments (Tables) | 12 Months Ended
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Dec. 31, 2024
Share-Based Payment Arrangement [Abstract] |
Schedule of Stock Options Assumptions | The fair value of each option was estimated on the date of the grant using the Black-Scholes option pricing model with the following assumptions: Schedule of Stock Options Assumptions
|  | 2024 |  |  | 2023 |
Expected volatility |  |  | 100 | % |  |  | 70% - 95 | %
Expected term (in years) |  |  | 5.24 - 6 |  |  |  | 6.0 |
Risk-free interest rate |  |  | 4.2% - 4.3 | % |  |  | 3.54% - 4.66 | %
Expected dividend yield |  |  | 0 | % |  |  | 0.0 | %
Schedule of Stock Option Activity | Options outstanding and exercisable under the employee share option plan as of December 31, 2024 and 2023, and a summary of option activity during the year then ended is presented below. Schedule of Stock Option Activity
|  | Shares |  |  | Weighted Average Exercise Price |  |  | Weighted Average Remaining Contractual Term |  |  | Aggregate Intrinsic Value (1) |
Outstanding at December 31, 2022 |  |  | 86,951 |  |  | $ | 62.16 |  |  |  | 9.27 |  |  | $ | 1 |
Granted |  |  | 49,730 |  |  | $ | 9.35 |  |  |  |  |  |  |  |  |
Exercised |  |  | - |  |  | $ | - |  |  |  |  |  |  |  |  |
Canceled or forfeited |  |  | (37,195 | ) |  | $ | 52.55 |  |  |  |  |  |  |  |  |
Outstanding at December 31, 2023 |  |  | 99,486 |  |  | $ | 39.36 |  |  |  | 8.79 |  |  | $ | - |
Granted |  |  | 1,289,954 |  |  | $ | 1.37 |  |  |  |  |  |  |  |  |
Exercised |  |  | - |  |  | $ | - |  |  |  |  |  |  |  |  |
Canceled or forfeited |  |  | (30,722 | ) |  | $ | 11.77 |  |  |  |  |  |  |  |  |
Outstanding at December 31, 2024 |  |  | 1,358,718 |  |  | $ | 3.88 |  |  |  | 9.36 |  |  | $ | 5 |
Exercisable at December 31, 2024 |  |  | 83,382 |  |  | $ | 34.45 |  |  |  | 8.14 |  |  | $ | - |
(1) | The aggregate intrinsic value is calculated as the difference between the exercise price of the underlying options and the fair value of the Common Stock for the options that were in the money at December 31, 2024 and December 31, 2023.
Schedule of Restricted Stock Units | The following table summarizes the activity for RSUs during the year ended December 31, 2024 and December 31, 2023: Schedule of Restricted Stock Units
|  | Shares |  |  | Weighted Average Grant Date Fair Value |
Outstanding balance at December 31, 2022 |  |  | 17,176 |  |  | $ | 52.20 |
Awarded |  |  | - |  |  | $ | - |
Issued |  |  | (8,588 | ) |  | $ | 52.20 |
Forfeited |  |  | (3,817 | ) |  | $ | 52.20 |
Outstanding balance at December 31, 2023 |  |  | 4,771 |  |  | $ | 52.20 |
Awarded |  |  | 450,000 |  |  | $ | 1.06 |
Issued |  |  | (4,771 | ) |  | $ | 52.20 |
Forfeited |  |  | - |  |  | $ | - |
Outstanding balance at December 31, 2024 |  |  | 450,000 |  |  | $ | 1.06 |

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- Definition Tabular disclosure of number, weighted-average exercise price or conversion ratio, aggregate intrinsic value, and weighted-average remaining contractual term for outstanding restricted stock units that are fully vested and expected to vest. Includes, but is not limited to, unvested restricted stock units for which requisite service period has not been rendered but that are expected to vest based on achievement of performance condition, if forfeitures are recognized when they occur. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 718 -SubTopic 10 -Subparagraph (e)(1) -Name Accounting Standards Codification -Paragraph 2 -Section 50 -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-2 + Details
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- Definition Tabular disclosure of the significant assumptions used during the year to estimate the fair value of stock options, including, but not limited to: (a) expected term of share options and similar instruments, (b) expected volatility of the entity's shares, (c) expected dividends, (d) risk-free rate(s), and (e) discount for post-vesting restrictions. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 718 -SubTopic 10 -Subparagraph (f)(2) -Name Accounting Standards Codification -Paragraph 2 -Section 50 -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-2 + Details
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