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Summary of Significant Accounting Policies (Tables) | 12 Months Ended
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Dec. 31, 2023
Schedule of Cash and Cash Equivalents | Cash and cash equivalents include cash in bank accounts and money market funds with maturities of less than three months from inception, which are readily convertible to known amounts of cash and which, in the opinion of management, are subject to an insignificant risk of loss in value. As of December 31, 2023 and 2022, cash and cash equivalents consisted of the following: Schedule of Cash and Cash Equivalents
|  | December 31, |  |  | December 31, |
|  | 2023 |  |  | 2022 |
Cash |  | $ | 1,550,098 |  |  | $ | 5,411,378 |
Money market funds |  |  | 1,026,318 |  |  |  | 3,005,825 |
Total cash and cash equivalents |  | $ | 2,576,416 |  |  | $ | 8,417,203 |
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis | Set out below are the Company’s financial instruments that are required to be remeasured at fair value on a recurring basis and their fair value hierarchy as of December 31, 2023: Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis
December 31, 2023 |  | Level 1 |  |  | Level 2 |  |  | Level 3 |  |  | Carrying Value |
Assets |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Marketable Securities: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
United States Treasury Bonds |  | $ | 2,887,215 |  |  | $ | — |  |  | $ | — |  |  | $ | 2,887,215 |
Total Assets |  | $ | 2,887,215 |  |  | $ | — |  |  | $ | — |  |  | $ | 2,887,215 |
Liabilities |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Derivative Liability - Warrants |  | $ | — |  |  | $ | — |  |  | $ | 410,660 |  |  | $ | 410,660 |
Derivative Liability - Accelerated feature |  |  | — |  |  |  | — |  |  |  | 3,852 |  |  |  | 3,852 |
Total Liabilities |  | $ | — |  |  | $ | — |  |  | $ | 414,512 |  |  | $ | 414,512 |
Schedule of Key Inputs of Warrant Liabilities | The range of key inputs for the Monte Carlo simulation for the year ended December 31, 2023, were as follows: Schedule of Monte Carlo Simulation Assumption
Net cash settlement and down round key valuation inputs – Alto Warrants* |  |  |
Annualized volatility |  |  | 77.51% - 92.33 | %
Risk-free interest rate |  |  | 4.01% - 5.23 | %
Quoted VWAP* |  | $ | 4.72 |
Exercise price |  | $ | 18.80 |
Probability assessment |  |  | 5% - 25 | %
Illiquidity discount |  |  | (17 | )%
Time period (years) |  |  | 0.53 - 3.03 |
Estimated fair value (issuance) |  | $ | 1,189,000 |
Estimated fair value (December 31, 2023) |  | $ | 410,660 |
| * | Based on a Monte Carlo simulation analysis of 50,000 iterations
Alto Acceleration Option key valuation inputs* |  |  |  |
Annualized volatility |  |  | 34.23% - 59.15 | %
Risk-free interest rate |  |  | 4.68% - 5.60 | %
Quoted VWAP* |  | $ | 4.72 |
Illiquidity discount |  |  | (17 | )%
Time period (years) |  |  | 0 - 1.2 |
Estimated fair value (issuance) |  | $ | 1,442,000 |
Estimated fair value (December 31, 2023) |  | $ | 3,852 |
| * | Based on a Monte Carlo simulation analysis of 50,000 iterations
Schedule of Warrant Liabilities | Schedule of Warrant Liabilities
|  | Warrant Liability – Series A Preferred Stock Obligation |
Balance, December 31, 2021 (as restated) |  |  | 334,955 |
Issued |  |  | - |
Exercised (settled) |  |  | - |
Loss on change in fair value |  |  | 421,768 |
Reclassifications to stockholders’ equity |  |  | (756,723 | )
Balance, December 31, 2022 |  |  | — |
|  | Warrant Liability – August 2022 Warrants |
Balance, December 31, 2021 (as restated) |  |  | - |
Issued |  |  | 146,624 |
Exercised (settled) |  |  | (91,036 | )
Loss on change in fair value |  |  | 5,102 |
Reclassifications to stockholders’ equity |  |  | (60,690 | )
Balance, December 31, 2022 |  |  | — |
|  | Warrant Liability – Boustead Placement Agent Warrants |
Balance, December 31, 2021 (as restated) |  |  | - |
Issued |  |  | 92,336 |
Exercised (settled) |  |  | - |
Gain on change in fair value |  |  | (28,196 | )
Reclassification to stockholders’ equity |  |  | (64,140 | )
Balance, December 31, 2022 |  |  | — |
Schedule of Useful Lives for Property Plant Equipment | Schedule of Useful Lives for Property Plant Equipment
Furniture |  |  | 5 years |
Computers and equipment |  |  | 5 years |
Research Equipment |  |  | 10 years |
Schedule of Anti-dilutive Securities Excluded from Computation of Earnings Per Share | For the years ended December 31, 2023 and 2022, the following common stock equivalents were excluded from the computation of diluted net loss per share as the result of the computation was anti-dilutive. Schedule of Anti-dilutive Securities Excluded from Computation of Earnings Per Share
|  | December 31, |  |  | December 31, |
|  | 2023 |  |  | 2022 |
|  |  |  |  | (as restated) |
Convertible notes (Note 6) |  |  | 119,939 |  |  |  | — |
Warrants (Note 7) |  |  | 184,000 |  |  |  | 47,831 |
Restricted stock units (Note 7) |  |  | 24,731 |  |  |  | 2,966 |
|  |  | 328,670 |  |  |  | 50,797 |
Warrant [Member] |
Schedule of Key Inputs of Warrant Liabilities | Schedule of Key Inputs of Warrant Liabilities
Warrant Liability – Series A Preferred Stock Obligation |  | December 31, 2021 |  |  | Reclassification Date |
Estimated fair value of Company’s stock |  | $ | 40.00 |  |  | $ | 32.50 |
Exercise price (based on estimated IPO or Listing terms at issuance) |  | $ | 40.00 - $166.56 |  |  | $ | 32.00 |
Number of warrants (based on estimated Series A Preferred Stock conversion shares upon IPO or Listing at issuance) |  |  | 12,135 - 33,681 shares |  |  |  | 42,101 shares |
Annualized volatility |  |  | 86.3 | % |  |  | 82.5 | %
Risk-free interest rate |  |  | 1.08 | % |  |  | 3.44 | %
Estimated IPO date |  |  | 9/30/2022 |  |  |  | — |
Estimated Term |  |  | 3.75 years |  |  |  | 3.00 years |
Probability of IPO or Listing Occurring |  |  | 90 | % |  |  | — |
Probability of IPO as “Qualified IPO” |  |  | 33 | % |  |  | — |
Probability of IPO as “Listing” |  |  | 67 | % |  |  | — |
Estimated fair value |  | $ | 334,955 |  |  | $ | 756,723 |
Warrant Liability – August 2022 Warrants |  | Issuance Dates |  |  | Reclassification/Settlement Date |
Estimated fair value of Company’s stock |  | $ | 32.00 |  |  | $ | 32.50 |
Exercise price |  | $ | 20.00 |  |  | $ | 20.00 |
Number of warrants |  |  | 6,250 |  |  |  | 6,250 |
Remaining term |  |  | 5.0 years |  |  |  | 4.9 years |
Volatility |  |  | 80.0 | % |  |  | 82.5 | %
Risk-free interest rate |  |  | 2.7 | % |  |  | 3.3 | %
Estimated fair value |  | $ | 146,624 |  |  | $ | 151,726 |
Warrant Liability – Boustead Placement Agent Warrants |  | Issuance Dates |  |  | Reclassification Date |
Estimated fair value of Company’s stock |  | $ | 32.00 |  |  | $ | 32.50 |
Exercise price (based on estimated Convertible Note conversion terms at issuance) |  | $ | 16.00 |  |  | $ | 16.00 |
Number of warrants (based on estimated Convertible Note conversion terms at issuance) |  |  | 3,688 |  |  |  | 2,581 |
Remaining term |  |  | 5.0 years |  |  |  | 4.4 – 4.5 years |
Volatility |  |  | 86.1 | % |  |  | 82.5 | %
Risk-free interest rate |  |  | 1.8% - 2.0% |  |  |  | 3.4 | %
Estimated fair value |  | $ | 92,336 |  |  | $ | 64,140 |

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