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Fair Value of Financial Instruments and Fair Value Measurements (Tables) | 12 Months Ended
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Dec. 31, 2023
Fair Value of Financial Instruments and Fair Value Measurements [Abstract] |
Schedule of Financial Assets and Liabilities Measured at Fair Value on a Recurring Basis | The following table represents the Company’s fair value hierarchy of its financial assets and liabilities measured at fair value on a recurring basis as of December 31, 2023 and 2022.
|  | December 31, 2023 |  |  | December 31, 2022 |
Description |  | Level 1 |  |  | Level 2 |  |  | Level 3 |  |  | Level 1 |  |  | Level 2 |  |  | Level 3 |
Short-term investments |  | $ | 4,140,880 |  |  | $ | - |  |  | $ | - |  |  | $ | - |  |  | $ | - |  |  | $ | - |
Equity investments |  | $ | - |  |  | $ | - |  |  | $ | - |  |  | $ | 3,118 |  |  | $ | - |  |  | $ | - |
Schedule of Summarizes Activity in the Company’s Short Term Investments and Equity Investments at Fair Value | The following table summarizes activity in the Company’s short-term investments, at fair value for the periods presented:
|  | December 31, |  |  | December 31, |
|  | 2023 |  |  | 2022 |
Balance, beginning of year |  | $ | - |  |  | $ | - |
Additions |  |  | 4,147,107 |  |  |  | - |
Unrealized losses |  |  | (6,227 | ) |  |  | - |
Balance, end of year |  | $ | 4,140,880 |  |  | $ | - |
The following table summarizes activity in the Company’s equity investments, at fair value for the periods presented:
|  | December 31, |  |  | December 31, |
|  | 2023 |  |  | 2022 |
Balance, beginning of year |  | $ | 3,118 |  |  | $ | 419,995 |
Additions |  |  | - |  |  |  | 85,733 |
Sales at original cost |  |  | - |  |  |  | (171,407 | )
Unrealized loss |  |  | (3,118 | ) |  |  | (331,203 | )
Balance, end of year |  | $ | - |  |  | $ | 3,118 |

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- Definition Tabular disclosure of company's short term investments and equity investments at fair value. + References No definition available. + 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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