SCHEDULE OF RECONCILIATION OF BALANCES FOR WARRANT LIABILITY (Details) - Warrant and Preferred Investment Option liability [Member] - USD ($) |
3 Months Ended | 6 Months Ended | ||
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Jun. 30, 2023 |
Jun. 30, 2022 |
Jun. 30, 2023 |
Jun. 30, 2022 |
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Fair Value Measurement Inputs and Valuation Techniques [Line Items] | ||||
Balance, January | $ 8,631,313 | $ 3,831,904 | $ 16,116,273 | $ 4,801,929 |
Fair Value of warrant and preferred investment option liability at issuance | 3,596,484 | 2,985,853 | 3,596,484 | 5,631,988 |
Fair Value of warrant and preferred investment option liability upon exercise | (3,427,332) | (3,427,332) | ||
Change in fair value of warrant and preferred investment option liability | (7,242,510) | (429,572) | (14,727,470) | (4,045,732) |
Balance, December | $ 4,985,287 | $ 2,960,853 | $ 4,985,287 | $ 2,960,853 |
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- Definition Fair value measurement with unobservable inputs reconciliation recurring basis liability exercises. No definition available.
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- Definition Amount of expense (income) related to adjustment to fair value of warrant liability. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. No definition available.
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- Definition Amount of issuances of financial instrument classified as a liability measured using unobservable inputs that reflect the entity's own assumption about the assumptions market participants would use in pricing. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Fair value of financial instrument classified as a liability measured using unobservable inputs that reflect the entity's own assumption about the assumptions market participants would use in pricing. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Details
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