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Income Taxes (Tables) | 12 Months Ended
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Dec. 31, 2023
Income Tax Disclosure [Abstract] |
Schedule of Reconciliation of Income Tax Benefit | The reconciliation of income tax benefit at the U.S. statutory rate of 21% to the Company’s tax expense is as follows: Schedule of Reconciliation of Income Tax Benefit
|  | December 31, |  |  | December 31, |
|  | 2023 |  |  | 2022 |
Federal tax benefit at statutory rate |  | $ | (1,384,472 | ) |  | $ | (635,974 | )
State income tax benefit, net of federal tax effect |  |  | (452,682 | ) |  |  | (249,847 | )
Rate change |  |  | (5,710 | ) |  |  | - |
R & D tax credits |  |  | (240,000 | ) |  |  | (83,975 | )
Return to provision adjustments |  |  | 286,015 |  |  |  | 66,214 |
Permanent differences |  |  | 203,909 |  |  |  | (21,355 | )
Change in valuation allowance |  |  | 1,535,466 |  |  |  | 924,937 |
Shortfall of stock compensation expense |  |  | 40,674 |  |  |  | - |
Other adjustments |  |  | 16,800 |  |  |  | - |
Income tax expense |  | $ | - |  |  | $ | - |
Schedule of Components of Deferred Tax Assets | The principal components of deferred tax assets consist of the following: Schedule of Components of Deferred Tax Assets
|  | December 31, |  |  | December 31, |
|  | 2023 |  |  | 2022 |
Deferred tax asset: |  |  |  |  |  |  |  |
Net operating loss carryforwards |  | $ | 1,727,566 |  |  | $ | 1,173,451 |
Fixed assets |  |  | - |  |  |  | 7,801 |
Intangibles (includes Section 174 capitalization) |  |  | 1,197,938 |  |  |  | 399,644 |
R&D tax credits |  |  | 423,915 |  |  |  | 215,229 |
Equity based compensation |  |  | 1,251 |  |  |  | - |
Interest & other accrued expenses |  |  | 72,140 |  |  |  | 45,574 |
Lease asset/(liability) |  |  | 6,326 |  |  |  | - |
Total |  | $ | 3,429,136 |  |  | $ | 1,841,698 |
|  | December 31, |  |  | December 31, |
Deferred tax Liabilities: |  | 2023 |  |  | 2022 |
Change in fair market value of securities |  | $ | (19,943 | ) |  | $ | - |
Prepaid expenses |  |  | (30,544 | ) |  |  | - |
Fixed assets |  |  | (2,746 | ) |  |  | - |
Total |  | $ | (53,233 | ) |  | $ | - |
Total deferred tax asset |  | $ | 3,375,903 |  |  | $ | 1,841,698 |
Less: valuation allowance |  |  | (3,375,903 | ) |  |  | (1,841,698 | )
Net deferred tax asset |  | $ | - |  |  | $ | - |
Schedule of Effective Income Tax Rate Reconciliation | A reconciliation of the U.S. federal income tax rate to the Company’s effective tax rate is as follows: Schedule of Effective Income Tax Rate Reconciliation
|  | December 31, |  |  | December 31, |
|  | 2023 |  |  | 2022 |
Federal income tax benefit at statutory rate |  |  | 21.0 | % |  |  | 21.0 | %
State income tax benefit, net of federal tax effect |  |  | 6.9 | % |  |  | 8.3 | %
Change in tax rate |  |  | 0.1 | % |  |  | 0.0 | %
R&D tax credits |  |  | 3.6 | % |  |  | 2.8 | %
Return to provision adjustments |  |  | (4.3 | %) |  |  | (2.2 | %)
Permanent differences |  |  | (3.1 | %) |  |  | 0.7 | %
Change in valuation allowance |  |  | (23.2 | %) |  |  | (30.5 | %)
Shortfall of stock compensation expense |  |  | (0.6 | %) |  |  | - |
Other adjustments |  |  | (0.4 | %) |  |  | (0.1 | %)
Total income tax expense |  |  | 0.0 | % |  |  | 0.0 | %

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- Definition Tabular disclosure of the components of net deferred tax asset or liability recognized in an entity's statement of financial position, including the following: the total of all deferred tax liabilities, the total of all deferred tax assets, the total valuation allowance recognized for deferred tax assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 740 -SubTopic 10 -Name Accounting Standards Codification -Paragraph 2 -Section 50 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482685/740-10-50-2 + Details
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- Definition Tabular disclosure of the reconciliation using percentage or dollar amounts of the reported amount of income tax expense attributable to continuing operations for the year to the amount of income tax expense that would result from applying domestic federal statutory tax rates to pretax income from continuing operations. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 740 -SubTopic 10 -Name Accounting Standards Codification -Paragraph 12 -Section 50 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482685/740-10-50-12 + Details
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