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UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS (Statement) - USD ($)
6 Months Ended 12 Months Ended
Jun. 30, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 1,431,425 $ 1,685,013
Accounts receivable, net of allowance 0 10,000
Due from Sponsor 3,000 0
Prepaid expenses and other current assets 1,011,125 201,293
Total current assets 2,445,550 1,896,306
Property and equipment, net 266,777 802,557
Intangible assets, net 17,866,317 17,882,147
Other assets 13,475,000 1,427,729
TOTAL ASSETS 34,053,644 22,008,739
Current liabilities:    
Accounts payable 3,574,255 1,282,974
Accrued expenses 5,834,362 1,637,048
Due to related parties 693,036 0
Deferred revenue 0 2,290
Convertible note 1,900,000 0
Short-term debt 891,974 223,300
Total current liabilities 12,893,627 3,145,612
Warrant liabilities 517,899 0
Total liabilities 13,411,526 4,314,286
Commitments and contingencies (Note N)
Preferred Stock, Shares Designated 0 0
Stockholders’ equity:    
Preferred stock par value $0.0001 per share, 10,000,000 shares authorized, none designated. There are no shares issued or outstanding as of June 30, 2024 or December 31, 2023 $ 0 $ 0
Common stock par value of $0.0001 per share, 750,000,000 shares authorized. As of June 30, 2024 and December 31, 2023, respectively, 36,096,269 and 23,270,404 shares issued and outstanding 3,610 2,327
Additional paid-in capital 43,874,341 30,993,846
Accumulated deficit (23,235,833) (13,301,720)
Total stockholders’ equity 20,642,118 17,694,453
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY 34,053,644 22,008,739
Related Party    
Current liabilities:    
Long-term debt 0 500,000
Nonrelated Party    
Current liabilities:    
Long-term debt $ 0 $ 668,674