SCHEDULE OF ANTIDILUTIVE SECURITIES EXCLUDED FROM COMPUTATION OF EARNINGS PER SHARE (Details) (Parenthetical) - USD ($) |
6 Months Ended | ||
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Jun. 30, 2024 |
Jun. 30, 2023 |
May 21, 2024 |
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Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items] | |||
Convertible preferred stock, shares issued upon conversion | 25 | ||
Senior Secured Convertible Notes [Member] | |||
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items] | |||
Convertible debt outstanding | $ 1,595,697 | $ 4,893,983 | |
Redemption premium | 276,450 | 734,097 | |
Accrued interest outstanding | $ 247,301 | $ 8,293 | |
Conversion price | $ 5.16 | $ 45.03 | |
Floor price | $ 4.00 | $ 27.00 | |
Convertible 8.5% Preferred Promissory Notes [Member] | |||
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items] | |||
Convertible debt outstanding | $ 1,936,025 | ||
Accrued interest outstanding | $ 19,484 | ||
Conversion price | $ 100 | ||
Convertible preferred stock, shares issued upon conversion | 25 |
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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 Number of shares issued for each share of convertible preferred stock that is converted. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The value of the financial instrument(s) that the original debt is being converted into in a noncash (or part noncash) transaction. "Part noncash" refers to that portion of the transaction not resulting in cash receipts or cash payments in the period. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The price per share of the conversion feature embedded in the debt instrument. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Carrying amount as of the balance sheet date of interest earned but not received. Also called accrued interest or accrued interest receivable. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition The excess of the (1) fair value of consideration transferred to the holders of a security in excess of (2) the carrying amount of the security reported on the registrant's balance sheet, which will be deducted from net earnings to derive net earnings available to common shareholders. This amount is generally an adjustment considered in the computation of earnings per share. No definition available.
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- Definition Price of a single share of a number of saleable stocks of a company. No definition available.
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