Subsequent Events |
12 Months Ended |
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Dec. 31, 2023 | |
| Subsequent Events [Abstract] | |
| Subsequent Events |
Note 18 – Subsequent Events
In the first quarter of 2024, as part of its strategy to improve liquidity and support continuous operations, the Company drew upon its equity line of credit (ELOC) agreement to issue and sell shares. Through this action, the Company issued 18,676,377 shares of common stock, resulting in gross proceeds of approximately $1.4 million. After accounting for commissions and expenses totaling $0.1 million, the net proceeds from these transactions amounted to approximately $1.3 million. These shares were issued at a weighted average price of $0.09 per share. |
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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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