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Debt (Tables)
3 Months Ended
Mar. 31, 2025
Debt Disclosure [Abstract]  
Schedule of debt
The following is a summary of debt as of March 31, 2025 and December 31, 2024:
March 31,
2025
December 31,
2024
Term loan$1,750,000 $1,445,345 
Promissory Notes - August 16, 2024863,752 884,676 
Promissory Notes - August 27, 2024 (1)— 516,818 
Promissory Notes - February 2025269,155 — 
Senior Convertible Notes - October 2024 (2)508,137 2,475,162 
Senior Convertible Notes - December 2024182,860 250,000 
Senior Convertible Notes - March 2025 (2)1,393,456 — 
Total outstanding principal balance4,967,360 5,572,001 
Less: unamortized debt issuance costs and discounts(119,318)(84,170)
Total debt4,848,042 5,487,831 
Less: current portion of long-term debt3,248,839 4,647,331 
Long-term debt, net of current portion$1,599,203 $840,500 
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(1) Principal balance and interest of was fully repaid as of in March 31, 2025.
(2) Amount represents the fair value of the convertible notes.
Schedule of Maturities of Debt Obligations
As of March 31, 2025, the total future maturities of the principal amounts of the debt obligations are as follows:
2025 (remaining nine months)$3,002,488 
2026739,054 
20271,106,500 
4,848,042 
Schedule of term loan
The following is a summary description of the key terms of the Term Loan:
DebtDebt Origination DateMaturity Principal Amount BorrowedCarrying ValueWeighted Weekly Average Interest RateWeighted Annual Average Interest Rate
Term loan8/9/20243/6/2025$1,000,000 $— 2.96 %153.90 %
Term loan11/27/20246/27/2025$1,000,000 $— 2.96 %153.90 %
Term loan3/5/20253/5/2026$1,750,000 $1,750,000 2.16 %112.60 %