Commitments and Contingencies (Details) - USD ($)
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1 Months Ended |
12 Months Ended |
Jul. 06, 2024 |
Jun. 06, 2024 |
Aug. 15, 2023 |
May 01, 2023 |
Oct. 07, 2022 |
Jun. 01, 2022 |
Mar. 01, 2022 |
Sep. 30, 2024 |
Aug. 31, 2024 |
Jul. 31, 2024 |
Jun. 30, 2024 |
May 31, 2023 |
Dec. 31, 2023 |
Dec. 31, 2022 |
Commitments and Contingencies [Line Items] |
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Lease description |
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The lease commenced on December 1, 2019 for a term of 5
years, with no rent due and payable until April 1, 2020. From April 1, 2020 through March 31, 2025, base rent due on the first day of
each month amounted to $25,200, escalating annually on December 1 of each year thereafter, to $29,480 beginning December 1, 2023. The
Company paid an initial amount of $68,128 comprising the rent for April 2020, a security deposit and the amount due for property taxes,
insurance and association fees.
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Initial value of lease liability |
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$ 2,900,081
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$ 4,437,010
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Rent payment |
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$ 48,379
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$ 16,250
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$ 1,240,368
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1,120,081
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Operating lease term |
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5 years
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Lease term of commenced operation |
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2 years
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Cash payments |
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$ 1,301,300
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$ 681,914
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Annual base salary |
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$ 300,000
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Stock option to purchase shares of common stock (in Shares) |
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1,731
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Automobile allowance |
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$ 453,610
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Termination intimation prior written notice |
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90 days
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Payable in cash |
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$ 150,000
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Description of litigation costs and contingencies |
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In the complaint, the 2022 Plaintiff alleged a breach of the applicable
2022 Defendants’ fiduciary duties of loyalty, good faith, and due care owed to us and our shareholders, by negligently, willfully,
recklessly and/or intentionally failing to perform their fiduciary duties primarily in connection with our registered direct offering
of 2,500 shares of Series F preferred stock and 2,500 shares of Series G preferred stock in February 2022 and subsequent 1-for-150 reverse
stock split effected in April 2022.
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Estimated sum of premises |
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$ 10,000
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$ 124,800
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Rent balance |
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$ 2,374,278
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Accrued for potential loss |
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$ 375,000
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Minimum [Member] |
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Commitments and Contingencies [Line Items] |
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Range of loss is estimated |
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250,000
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Maximum [Member] |
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Commitments and Contingencies [Line Items] |
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Range of loss is estimated |
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500,000
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Mr. Khachatoorian [Member] |
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Commitments and Contingencies [Line Items] |
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Annual base salary |
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300,000
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Mr. Keeler [Member] |
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Commitments and Contingencies [Line Items] |
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Annual base salary |
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$ 475,000
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Stock option to purchase shares of common stock (in Shares) |
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5,539
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Automobile allowance |
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$ 750
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Payable in cash |
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$ 150,000
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Mr. Khachatoorian [Member] |
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Commitments and Contingencies [Line Items] |
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Stock option to purchase shares of common stock (in Shares) |
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1,731
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Automobile allowance |
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$ 500
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Payable in cash |
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$ 150,000
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Office space [Member] | North Carolina [Member] |
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Commitments and Contingencies [Line Items] |
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Rent payment |
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$ 24,246
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Security deposit |
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$ 24,000
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Capital Leases of Lessee, Contingent Rentals, Basis Spread on Variable Rate |
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2.00%
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Office space [Member] | Columbia [Member] |
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Commitments and Contingencies [Line Items] |
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Rent payment |
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$ 3,500
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Security deposit |
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$ 24,511
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Office space [Member] | Aviva Life and Pensions UK Limited [Member] |
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Commitments and Contingencies [Line Items] |
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Lease term |
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5 years
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Quarterly base rent |
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$ 38,759
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Initial value of lease liability |
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790,378
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Rent payment |
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$ 153,901
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Chief Executive Officer [Member] | President and Chair of the Board [Member] |
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Commitments and Contingencies [Line Items] |
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Description of basic salary wavier |
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(i) an amount equal to 1.5 times the average of his base salary if terminated during the Initial Term, or an amount equal
to 1 times the average of his then base salary; (ii) monthly payments for up to 12 months (and 18 months, if terminated during the Initial
Term) of COBRA premiums for continued group health, dental and vision coverage; and (iii) the immediate vesting of all long-term incentive
awards, that utilize time-based vesting.
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Chief Executive Officer [Member] | Employee Agreement [Member] | President and Chair of the Board [Member] |
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Commitments and Contingencies [Line Items] |
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Annual base salary |
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$ 650,000
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Sign-on-bonus |
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350,000
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Automobile allowance |
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$ 1,000
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Chief Executive Officer [Member] | Employee Agreement [Member] | President and Chair of the Board [Member] | Two Thousand Twenty Two Plan [Member] |
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Commitments and Contingencies [Line Items] |
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Stock option to purchase shares of common stock (in Shares) |
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8,308
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Martin Galstyan Employment Agreement [Member] |
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Commitments and Contingencies [Line Items] |
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Automobile allowance |
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$ 500
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Forecast [Member] |
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Commitments and Contingencies [Line Items] |
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Rent payment |
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$ 666,388
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Settlement agreement |
$ 666,388
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$ 666,388
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183,194
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$ 183,194
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Forecast [Member] | First Schedule Payment [Member] |
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Commitments and Contingencies [Line Items] |
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Settlement agreement |
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$ 100,000
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Forecast [Member] | Second Schedule Payment [Member] |
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Commitments and Contingencies [Line Items] |
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Settlement agreement |
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$ 200,000
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Forecast [Member] | Third Schedule Payment [Member] |
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Commitments and Contingencies [Line Items] |
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Settlement agreement |
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$ 183,194
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Forecast [Member] | Fourth Schedule Payment [Member] |
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Commitments and Contingencies [Line Items] |
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Settlement agreement |
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$ 183,194
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