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Derivative Liabilities (Tables)
6 Months Ended
Jun. 30, 2024
Derivative Liabilities [Abstract]  
Schedule of Derivative Expense Derivative expense recorded during the three and six months ended June 30, 2023 is summarized as follows:
Commitment Date  May 8,
2023
 
Fair value of derivative liabilities  $954,725 
Less: face amount of debt   (555,000)
Derivative expense  $399,725 
Schedule of Derivative Liabilities Measured at Fair Value on a Recurring Basis A reconciliation of the beginning and ending balances for the derivative liabilities measured at fair value on a recurring basis using significant unobservable inputs (Level 3) is as follows for the three and six months ended June 30, 2024:
   Contingent
Milestone
Payment
   Total 
Derivative liabilities - December 31, 2023  $2,306,796   $2,306,796 
Fair value - mark to market adjustment   (1,740,847)   (1,740,847)
Derivative liabilities - March 31, 2024  $565,949   $565,949 
Fair value - mark to market adjustment   1,101    1,101 
Derivative liabilities - June 30, 2024  $567,050   $567,050 

 

   Bridge
Shares
   Warrants   Convertible
Notes
Payable
   Total 
Derivative liabilities - December 31, 2022  $834,352   $578,164   $81,684   $1,494,200 
Fair value - mark to market adjustment   4,902    1,689    (1,457)   5,134 
Derivative liabilities - March 31, 2023  $839,254   $579,853   $80,227   $1,499,334 
Fair value - commitment date   680,276    274,449    
-
    954,725 
Fair value - mark to market adjustment   8,896    (17,009)   145    (7,968)
Derivative liabilities - June 30, 2023  $1,528,426   $837,293   $80,372   $2,446,091