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Stockholders’ Equity (Tables) | 12 Months Ended
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Dec. 31, 2023
Equity [Abstract] |
Schedule of Warrants Activity | A summary of activity regarding all warrants issued for the year ended December 31, 2023 and 2022 were as follows: Schedule of Warrants Activity
|  | Number of |  |  | Weighted Average |  |  | Weighted Average |
|  | warrants |  |  | Exercise Price |  |  | Life (years) |
Outstanding, December 31, 2021 |  |  | - |  |  | $ | - |  |  |  | - |
Granted(1) |  |  | 2,641,354 |  |  |  | 0.75 |  |  |  | 4.75 |
Exercised(2) |  |  | (2,284,544 | ) |  |  | 0.26 |  |  |  | - |
Outstanding, December 31, 2022 |  |  | 356,810 |  |  | $ | 3.92 |  |  |  | 2.79 |
Granted - Boustead |  |  | 71,266 |  |  |  | 2.35 |  |  |  | 5.00 |
Granted - Ayrton |  |  | 1,018,079 |  |  |  | 2.35 |  |  |  | 4.00 |
Outstanding, December 31, 2023 |  |  | 1,446,155 |  |  | $ | 2.74 |  |  |  | 2.77 |
| (1) | Granted warrants include those granted on conversion of Notes Payable - 677,500, Notes Payable – Related Parties – 20,000, Series A Preferred Shares - 336,810 and issued during the IPO - 1,607,044.
| (2) | Includes 197,273 warrants exercised on a cashless basis for 180,280 shares of common stock.
Schedule of Restricted Stock Units (RSUs) | A summary of activity regarding the Restricted Stock Units issued follows: Schedule of Restricted Stock Units (RSUs)
|  | Number of Shares |  |  | Weighted Average Grant Date Fair Value Per Share |
Outstanding, December 31, 2021 |  |  | 63,686 |  |  | $ | 23.87 |
Granted |  |  | 35,587 |  |  |  | 2.81 |
Outstanding, December 31, 2022 |  |  | 99,273 |  |  | $ | 15.06 |
Granted |  |  | 259,326 |  |  |  | 1.36 |
Vested |  |  | (160,744 | ) |  |  | 1.50 |
Outstanding, December 31, 2023 |  |  | 197,855 |  |  | $ | 1.47 |

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- Definition Tabular disclosure of the number and weighted-average grant date fair value for restricted stock units that were outstanding at the beginning and end of the year, and the number of restricted stock units that were granted, vested, or forfeited during the year. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(1) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480429/718-10-50-2 + Details
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- Definition Tabular disclosure of warrants or rights issued. Warrants and rights outstanding are derivative securities that give the holder the right to purchase securities (usually equity) from the issuer at a specific price within a certain time frame. Warrants are often included in a new debt issue to entice investors by a higher return potential. The main difference between warrants and call options is that warrants are issued and guaranteed by the company, whereas options are exchange instruments and are not issued by the company. Also, the lifetime of a warrant is often measured in years, while the lifetime of a typical option is measured in months. Disclose the title of issue of securities called for by warrants and rights outstanding, the aggregate amount of securities called for by warrants and rights outstanding, the date from which the warrants or rights are exercisable, and the price at which the warrant or right is exercisable. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480429/718-10-50-1 + Details
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