Quarterly report pursuant to Section 13 or 15(d)

Debt (Tables)

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Debt (Tables)
 6 Months Ended
Jun. 30, 2024
Debt Disclosure [Abstract]  
Schedule of debt
The Company’s convertible debt consists of the following:
As of June 30, 2024 As of December 31, 2023
Total principal value of convertible note - related party, net of discount $ 5,000,000  $ 5,000,000 
Unamortized debt discount (136,616) (610,749)
Unamortized debt issuance costs (3,859) (17,253)
Carrying value of total convertible debt - related party $ 4,859,525  $ 4,371,998 
Schedule of interest expense
The Company’s interest expense consists of the following:
Three Months Ended
June 30,		 Six Months Ended
June 30,
2024 2023 2024 2023
Related party interest expense – stated rate $ 124,658  $ —  $ 249,315  $ 15,952 
Legal judgment interest expense 75,189  182,171  150,146  182,171 
Other interest expense —  4,258  —  6,705 
Non-cash interest expense:
Amortization of debt discount 243,331  —  474,133  — 
Amortization of transaction costs 6,874  —  13,394  — 
$ 450,052  $ 186,429  $ 886,988  $ 204,828