XML 66 R48.htm IDEA: XBRL DOCUMENT v3.24.2.u1
Stockholders’ Equity (Details Narrative) - USD ($)
 1 Months Ended 12 Months Ended
Dec. 31, 2022
Sep. 30, 2022
Aug. 01, 2022
Apr. 30, 2022
Dec. 28, 2021
Aug. 12, 2016
Aug. 31, 2022
Apr. 30, 2022
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Sep. 30, 2023
 [1]
Aug. 31, 2023
Jan. 31, 2023
Jan. 11, 2023
Apr. 29, 2022
Mar. 11, 2022
Feb. 08, 2022
Mar. 09, 2021
Accumulated Other Comprehensive Income (Loss) [Line Items]                                      
Common stock issued for conversion of convertible debt, shares                 297,625 105                  
Accrued interest settled with common stock                   $ 16,340                  
Loss on settlement of convertible debt                 $ 477,221 $ 1,795,652                  
Common stock vesting of restricted stock unit                   3,500                  
Number shares issued for conversion of note, shares                   42,113                  
Number shares issued for conversion dividends payable, shares                   12,553                  
Number of shares of common stock issued for exercise of warrants   62,500               62,500                  
Gain (Loss) on Sale of Assets and Asset Impairment Charges                   $ 1,198,438                  
Change in fair value of warrant liabilities, as restated     $ 146,624           398,675                  
Number of warrants to purchase         62,500                 127,260          
Common stock issued for cash upon initial public offering and exercise of warrants, net of issuance costs, as restated   $ 2,031,250               $ 9,951,356 $ 2,031,249                
stock issued for cash, shares                   3,750                  
Preferred stock value share $ 0.00001               $ 0.00001 $ 0.00001                  
Exercise price     $ 32.00 $ 32.00 $ 40.00   $ 32.50     $ 32.00                  
Deemed dividend                   $ 439,427                  
Share price 16.00                 $ 16.00     $ 1.00   $ 18.80        
Deemed contribution                   $ 31,423                  
stock issued for conversion, vallue                                    
Warrants description                   The Series A Preferred Stock sold in the Company’s 2018 and 2019 private placement offerings included warrants to be issued upon the earlier of a closing of the sale of shares of common stock to the public or upon a listing of the Company’s common stock. The warrants will be exercisable for a period of three years after the date of issuance at an exercise price contingent on the terms of the public offering. The initial form of the warrants were expected to include contingent call features based on the terms of the public offering. As originally drafted, if an initial public offering occurs at a price at or above $111.04, then the warrants are callable if the 20-day VWAP of the common stock in at or above 150% of the variable exercise price. In the scenario where the common stock is listed with a common stock issuance price below $111.04, then the warrants are callable if the 20-day VWAP of the common stock is at or above the $166.56 exercise price. Upon the issuance of the warrants in September 2022, the contingent call features were not included in the agreements. Given the variability in the number of warrants and exercise price, the detachable warrants contained terms and features that gave rise to liability classification.                  
Class of Warrant or Right, Exercise Price of Warrants or Rights 111.04   $ 20.00 $ 8.00 $ 8.00   $ 16.00 $ 8.00   $ 111.04 $ 8.00     $ 18.80   $ 16.00      
Warrant share price $ 166.56                 $ 166.56                  
Additional paid in capital $ 26,518,433               $ 29,489,055 $ 26,518,433 $ 12,063,940 $ 29,402,533              
Interest rate         10.00%   10.00%                       1.00%
Warrant term             4 years 6 months                        
Volatility rate 86.10%   80.00% 83.60% 86.30%   82.50%                        
Risk free rate     2.66% 2.55% 1.27%   3.43%                        
Class of Warrant or Right, Outstanding       62,500       62,500                      
Aggregate intrinsic value of warrants                 $ 0                    
Number of shares vested under plan                 60,048                    
Restricted stock award granted value                                  
2018 Equity Incentive Plan [Member]                                      
Accumulated Other Comprehensive Income (Loss) [Line Items]                                      
Common stock reserved for future issuance                 3,000,000                    
Share granted under equity incentive plan                 84,779                    
Minimum [Member]                                      
Accumulated Other Comprehensive Income (Loss) [Line Items]                                      
stock issued for cash, shares               10,000,000                      
Exercise price               $ 99.92                      
Risk free rate                   1.81%                  
Maximum [Member]                                      
Accumulated Other Comprehensive Income (Loss) [Line Items]                                      
Exercise price               $ 40.00                      
Risk free rate                   1.96%                  
Series A Preferred Stock [Member]                                      
Accumulated Other Comprehensive Income (Loss) [Line Items]                                      
Cumulative dividends percentage                   8.50%                  
Preferred stock value share $ 1,000                 $ 1,000                  
Additional paid in capital $ 756,723                 $ 756,723                  
Warrants liability 0                 0                  
Warrants obligation liability $ 421,768                 $ 421,768                  
Boustead Securities LLC [Member]                                      
Accumulated Other Comprehensive Income (Loss) [Line Items]                                      
Debt, principal                 $ 1,925,700                    
Change in fair value of warrant liabilities, as restated                 $ 99,543                    
Number of warrants to purchase 22,535               8,909 22,535                  
Exercise price     $ 32.00                                
Share price     20.00                                
Class of Warrant or Right, Exercise Price of Warrants or Rights     $ 20.00       $ 97.52   $ 18.80                    
Interest rate 10.00%                 10.00%                  
Volatility rate     80.00%                                
Risk free rate     2.66%                                
Issuance of warrants shares     625                                
2022 Convertible Note Derivative [Member]                                      
Accumulated Other Comprehensive Income (Loss) [Line Items]                                      
Number of shares of common stock issued for exercise of warrants                   18,438                  
Change in fair value of warrant liabilities, as restated                   $ 1,475                  
December 2021 Notes [Member]                                      
Accumulated Other Comprehensive Income (Loss) [Line Items]                                      
Number of warrants to purchase 66,250                 66,250                  
August 2022 Notes [Member]                                      
Accumulated Other Comprehensive Income (Loss) [Line Items]                                      
Change in fair value of warrant liabilities, as restated                   $ 121,875                  
2022 Convertible Bridge Notes [Member]                                      
Accumulated Other Comprehensive Income (Loss) [Line Items]                                      
conversion price $ 32.00                 $ 32.00                  
Class of Warrant or Right, Exercise Price of Warrants or Rights $ 0.08                 $ 0.08                  
Interest rate                                 6.00% 6.00%  
2022 Convertible Bridge Notes [Member] | Boustead Securities LLC [Member]                                      
Accumulated Other Comprehensive Income (Loss) [Line Items]                                      
Change in fair value of warrant liabilities, as restated                   $ 92,336                  
Number of warrants to purchase 2,582           2,582     2,582                  
Class of Warrant or Right, Exercise Price of Warrants or Rights $ 16.00           $ 16.00     $ 16.00                  
Interest rate                                 10.00% 10.00%  
Alto Convertible Note [Member]                                      
Accumulated Other Comprehensive Income (Loss) [Line Items]                                      
Number of warrants to purchase                           8,909          
Class of Warrant or Right, Exercise Price of Warrants or Rights                           $ 18.80          
IPO [Member] | Series A Preferred Stock [Member]                                      
Accumulated Other Comprehensive Income (Loss) [Line Items]                                      
Cumulative dividends, shares                   1,213                  
Cumulative dividends percentage                   8.50%                  
Conversion price percentage 90                 90                  
Share price $ 32.00                 $ 32.00                  
conversion price $ 28.80                 $ 28.80                  
Cumulative dividends $ 71,009                 $ 71,009                  
stock issued for conversion, vallue                   $ 402,064                  
IPO [Member] | Common Stock [Member]                                      
Accumulated Other Comprehensive Income (Loss) [Line Items]                                      
stock issued for cash, shares                   42,113                  
Restricted Stock [Member]                                      
Accumulated Other Comprehensive Income (Loss) [Line Items]                                      
Common stock issued for conversion of convertible debt, shares                 10,650                    
Restricted Stock Units (RSUs) [Member]                                      
Accumulated Other Comprehensive Income (Loss) [Line Items]                                      
Unrecognized compensation cost $ 61,111               $ 231,550 $ 61,111                  
Weighted Average Life (Years), Outstanding Ending                 1 year 21 days 1 year 9 months 29 days                  
Restricted Stock Units (RSUs) [Member] | Directors Officers and Consultants [Member]                                      
Accumulated Other Comprehensive Income (Loss) [Line Items]                                      
Restricted stock award granted shares                 32,415 4,449                  
Restricted stock award granted value                 $ 352,400 $ 100,000                  
Common Stock [Member]                                      
Accumulated Other Comprehensive Income (Loss) [Line Items]                                      
Common stock issued for conversion of convertible debt, shares                   36,876                  
Debt, principal                 1,925,700                    
Accrued interest settled with common stock                 294,927                    
Loss on settlement of convertible debt                 $ 477,221                    
Common stock issued for dividends payable                   $ 402,064                  
Cumulative dividends, shares                   105                  
Conversion of Stock, Shares Issued           5,625,000                          
Common stock issued for cash upon initial public offering and exercise of warrants, net of issuance costs, as restated                   $ 4                  
stock issued for cash, shares                 297,625 352,443                  
Share price $ 32.00                 $ 32.00                  
stock issued for conversion, vallue                                    
Restricted stock award granted shares                 10,650 3,500                  
Restricted stock award granted value                                  
Common Stock [Member] | 2022 Convertible Note Derivative [Member]                                      
Accumulated Other Comprehensive Income (Loss) [Line Items]                                      
Cumulative dividends, shares                   36,876                  
Conversion of Stock, Shares Issued                   18,438                  
Common Stock [Member] | IPO [Member]                                      
Accumulated Other Comprehensive Income (Loss) [Line Items]                                      
Stock issued upon completion                   $ 9,951,356                  
Cumulative dividends, shares                   12,553                  
Number of warrants to purchase 42,113                 42,113                  
Class of Warrant or Right, Outstanding             21,453                        
Common Stock [Member] | Over-Allotment Option [Member]                                      
Accumulated Other Comprehensive Income (Loss) [Line Items]                                      
Change in fair value of warrant liabilities, as restated             $ 111,296                        
Exercise price             $ 50.88                        
Class of Warrant or Right, Exercise Price of Warrants or Rights             $ 97.52                        
Warrant term             5 years                        
Volatility rate             101.40%                        
Risk free rate             3.74%                        
Class of Warrant or Right, Outstanding             3,218                        
Common Stock [Member] | Black Scholes Model [Member]                                      
Accumulated Other Comprehensive Income (Loss) [Line Items]                                      
Change in fair value of warrant liabilities, as restated             $ 426,752                        
Exercise price             $ 32.50                        
Class of Warrant or Right, Exercise Price of Warrants or Rights             $ 97.52                        
Warrant term             5 years                        
Volatility rate             101.80%                        
Risk free rate             3.27%                        
Warrant [Member]                                      
Accumulated Other Comprehensive Income (Loss) [Line Items]                                      
Common stock issued for cash, shares                   352,443                  
Warrant Liability Boustead Placement Agent Warrants [Member]                                      
Accumulated Other Comprehensive Income (Loss) [Line Items]                                      
Warrant liabilities exercised             $ 64,140                      
[1] The Reverse Stock Split (Note 1) also resulted in an adjustment to the condensed consolidated balance sheet for the period ended September 30, 2023 with an increase to additional paid in capital of $140 and an offsetting adjustment to the carrying value of common stock.