Subsequent Events |
6 Months Ended |
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Jun. 30, 2024 | |
Subsequent Events [Abstract] | |
Subsequent Events | Subsequent Events From July 1, 2024 through August 14, 2024, the Company drew upon its equity line of credit (ELOC) agreement to issue and sell shares. The Company issued 535,000 shares of common stock at a weighted average price of $3.54 per share, resulting in net proceeds of approximately $1.9 million after commissions, fees, and offering costs.
Subsequent to June 30, 2024 and through the date of issuance of these interim condensed financial statements, the Company has repaid the full outstanding balance of $0.6 million and accrued interest for the Mobilization Note in July 2024.
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- References No definition available.
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- Definition The entire disclosure for significant events or transactions that occurred after the balance sheet date through the date the financial statements were issued or the date the financial statements were available to be issued. Examples include: the sale of a capital stock issue, purchase of a business, settlement of litigation, catastrophic loss, significant foreign exchange rate changes, loans to insiders or affiliates, and transactions not in the ordinary course of business. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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