Annual report pursuant to Section 13 and 15(d)

SUBSEQUENT EVENTS (Details Narrative)

v3.24.1
SUBSEQUENT EVENTS (Details Narrative) - Subsequent Event [Member] - Loan and Security Agreement [Member] - USD ($)
Apr. 08, 2025
Jan. 08, 2024
Subsequent Event [Line Items]    
Aggregate principal amount   $ 50,000,000
Cumulative equity and nondilutive capital $ 90,000,000  
Percentage fee, description   the Company is required to pay a prepayment fee equal to 3.00% of the principal amount of the Loans prepaid; if prepayment occurs after the one-year anniversary of the Closing Date and on or before the two-year anniversary of the Closing Date, the Company is required to pay a fee equal to 2.00% of the principal amount of the Loans; if prepayment occurs after the two-year anniversary of the Closing Date, the Company is required to pay a fee equal to 1.00% of the principal amount of the Loans. A final payment fee of 5.00% of the principal amount of the funded Tranche 1, Tranche 2 Loans and Discretionary Tranche Loans is also due upon the Maturity Date or any earlier date of prepayment.
Unrestricted cash   $ 5,000,000
Outstanding principal amount of loan   $ 3,000,000
Exercise price of warrant percentage   120.00%
Aggregate transaction amount   $ 1,000,000
Participation right description   The Participation Right automatically terminates upon the earliest of (i) July 1, 2027, (ii) such time that the Lenders have purchased $1 million of the Company’s equity securities in the aggregate pursuant to the Participation Right, and (iii) the repayment in full of all of the obligations under the Loan Agreement.
Minimum [Member] | Prime Rate [Member]    
Subsequent Event [Line Items]    
Prime rate percentage 5.00%  
Maximum [Member] | Prime Rate [Member]    
Subsequent Event [Line Items]    
Prime rate percentage 13.50%  
Tranche 1 [Member]    
Subsequent Event [Line Items]    
Aggregate principal amount   $ 20,000,000
Tranche 1 [Member] | Warrant [Member]    
Subsequent Event [Line Items]    
Warrant expiration date   Jan. 08, 2029
Exercise price per share   $ 4.75
Tranche 1 [Member] | Avenue [Member] | Warrant [Member]    
Subsequent Event [Line Items]    
Warrants purchase amount   $ 480,000
Tranche 1 [Member] | Avenue 2 [Member] | Warrant [Member]    
Subsequent Event [Line Items]    
Warrants purchase amount   1,920,000
Tranche 2 [Member]    
Subsequent Event [Line Items]    
Aggregate principal amount   10,000,000
Discretionary Tranche [Member]    
Subsequent Event [Line Items]    
Aggregate principal amount   $ 20,000,000