Warrant Liability (Details Narrative) - USD ($) |
3 Months Ended | ||
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Mar. 31, 2024 |
Mar. 31, 2023 |
Jan. 04, 2023 |
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Volatility amount utilized in the value calculation percentage | 121.00% | ||
Change in fair value of the warrant liability | $ 393,000 | ||
Accounting Standards Update 2016-02 [Member] | |||
Recognized gain of change in fair value of derivative liability | $ 658,000 | $ 2,900,000 | |
Common Warrants [Member] | Maximum [Member] | |||
Warrants to purchase | 216,667 | ||
Placement Agents Warrants [Member] | Maximum [Member] | |||
Warrants to purchase | 13,000 | ||
Warrant [Member] | |||
Volatility amount utilized in the value calculation percentage | 100.00% | ||
Purchase Warrant [Member] | |||
Warrant fair value | $ 5,800,000 |
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- Definition Increase decrease in fair value of warrant liability. No definition available.
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- Definition Number of securities into which the class of warrant or right may be converted. For example, but not limited to, 500,000 warrants may be converted into 1,000,000 shares. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of realized gain from sale of investment in equity security measured at fair value with change in fair value recognized in net income (FV-NI). Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition The estimated measure of the percentage by which a share price is expected to fluctuate during a period. Volatility also may be defined as a probability-weighted measure of the dispersion of returns about the mean. The volatility of a share price is the standard deviation of the continuously compounded rates of return on the share over a specified period. That is the same as the standard deviation of the differences in the natural logarithms of the stock prices plus dividends, if any, over the period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Value of outstanding derivative securities that permit the holder the right to purchase securities (usually equity) from the issuer at a specified price. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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