Peak Bio (PKBO) 10-Q 23 Aug 24 2024 Q1 Quarterly report Financial data

Cover Page

Cover Page - shares	3 Months Ended
	Mar. 31, 2024	Aug. 23, 2024
Document Information Line Items
Entity Registrant Name	Peak Bio, Inc.
Trading Symbol	PKBO
Document Type	10-Q
Current Fiscal Year End Date	--12-31
Entity Common Stock, Shares Outstanding		23,124,888
Amendment Flag	false
Entity Central Index Key	0001834645
Entity Current Reporting Status	No
Entity Filer Category	Non-accelerated Filer
Document Period End Date	Mar. 31, 2024
Document Fiscal Year Focus	2024
Document Fiscal Period Focus	Q1
Entity Small Business	true
Entity Emerging Growth Company	true
Entity Shell Company	false
Entity Ex Transition Period	false
Document Quarterly Report	true
Document Transition Report	false
Entity File Number	001-39951
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	85-2448157
Entity Address, Address Line One	4900 Hopyard Road., Suite 100
Entity Address, City or Town	Pleasanton
Entity Address, State or Province	CA
Entity Address, Postal Zip Code	94588
City Area Code	925
Local Phone Number	463-4800
Title of 12(b) Security	Common Stock, par value $0.0001 per share
Security Exchange Name	NONE
Entity Interactive Data Current	No

CONDENSED CONSOLIDATED BALANCE

CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)	Mar. 31, 2024	Dec. 31, 2023
Current assets
Cash	$ 68,612	$ 381,649
Prepaid expenses and other current assets	1,489,142	1,992,458
Total current assets	1,557,754	2,374,107
Property and equipment, net	121,263	153,108
Restricted cash	60,000	60,000
Other noncurrent assets	9,200	9,200
Total Assets	1,748,217	2,596,415
Current liabilities
Accounts payable	5,785,212	5,862,435
Accrued expenses	3,930,651	3,576,768
Operating lease liability	4,524,012	4,439,235
Insurance financing note	315,997	631,993
Derivative liability	688,255	361,704
Promissory note	350,000	350,000
Related party loans	1,651,370	901,370
Total current liabilities	22,276,772	20,522,714
Other noncurrent liabilities	0	230,650
Total liabilities	22,276,772	20,753,364
Commitments and contingencies (Note 8)
Stockholders' deficit
Preferred stock, $0.0001 par value; 10,000,000 shares authorized; none issued and outstanding	0	0
Common stock, par value of $0.0001 per share; 60,000,000 shares authorized; 23,124,888 shares issued and outstanding as of March 31, 2024 and December 31, 2023	2,312	2,312
Additional paid-in capital	19,949,103	19,918,594
Accumulated deficit	(40,606,184)	(38,171,483)
Accumulated other comprehensive income	126,214	93,628
Total stockholders' deficit	(20,528,555)	(18,156,949)
Total liabilities and stockholders' deficit	1,748,217	2,596,415
Nonrelated Party [Member]
Current liabilities
Convertible notes	3,479,638	2,872,131
Related Party [Member]
Current liabilities
Convertible notes	$ 1,551,637	$ 1,527,078

CONDENSED CONSOLIDATED BALANC_2

CONDENSED CONSOLIDATED BALANCE SHEETS (Parentheticals) - $ / shares	Mar. 31, 2024	Dec. 31, 2023
Statement of Financial Position [Abstract]
Preferred Stock, Par or Stated Value Per Share (in Dollars per share)	$ 0.0001	$ 0.0001
Preferred Stock, Shares Authorized	10,000,000	10,000,000
Preferred Stock, Shares Issued	0	0
Preferred Stock, Shares Outstanding	0	0
Common Stock, Par or Stated Value Per Share (in Dollars per share)	$ 0.0001	$ 0.0001
Common Stock, Shares Authorized	60,000,000	60,000,000
Common Stock, Shares, Issued	23,124,888	23,124,888
Common Stock, Shares, Outstanding	23,124,888	23,124,888

CONDENSED CONSOLIDATED STATEMEN

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS (Unaudited) - USD ($)	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Revenue
Revenue	$ 0	$ 13,854
Operating expenses
Research and development	70,269	713,106
General and administrative	2,134,559	3,004,823
Impairment loss on operating right-of-use asset	0	3,513,999
Total operating expenses	2,204,828	7,231,928
Operating loss	(2,204,828)	(7,218,074)
Other income (expense)
Interest income	2	6
Interest expense	(323,140)	(61,386)
Change in fair value of warrant liability	0	525,000
Change in fair value of derivative liability	(114,709)	(12,000)
Cancellation of trade liability	207,967	0
Other (expense) income	7	(380)
Total other income (expense), net	(229,873)	451,240
Net loss	(2,434,701)	(6,766,834)
Other comprehensive income (loss):
Foreign currency translation	32,586	71,576
Total comprehensive loss	$ (2,402,115)	$ (6,695,258)
Weighted average number of shares outstanding, basic (in Shares)	23,124,888	19,837,782
Basic net loss per share (in Dollars per share)	$ (0.11)	$ (0.34)
Weighted average number of shares outstanding, Diluted	23,124,888	19,837,782
Diluted net loss per share (in Dollars per share)	$ (0.11)	$ (0.34)

CONDENSED CONSOLIDATED STATEM_2

CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS' DEFICIT (Unaudited) - USD ($)	Total	Common Stock	Additional Paid-in Capital [Member]	Accumulated Other Comprehensive Income (Loss)	Accumulated Deficit [Member]
Balance at Dec. 31, 2022	$ (8,094,477)	$ 1,978	$ 17,219,593	$ 29,518	$ (25,345,566)
Balance (in Shares) at Dec. 31, 2022		19,782,747
Issuance of common stock under White Lion Purchase Agreement as a financing fee	250,000	$ 41	249,959
Issuance of common stock under White Lion Purchase Agreement as a financing fee, shares		412,763
Share-based compensation	165,007		165,007
Foreign currency translation	71,576			71,576
Net loss	(6,766,834)				(6,766,834)
Balance at Mar. 31, 2023	(14,374,728)	$ 2,019	17,634,559	101,094	(32,112,400)
Balance (in Shares) at Mar. 31, 2023		20,195,510
Balance at Dec. 31, 2023	(18,156,949)	$ 2,312	19,918,594	93,628	(38,171,483)
Balance (in Shares) at Dec. 31, 2023		23,124,888
Share-based compensation	30,509		30,509
Foreign currency translation	32,586			32,586
Net loss	(2,434,701)				(2,434,701)
Balance at Mar. 31, 2024	$ (20,528,555)	$ 2,312	$ 19,949,103	$ 126,214	$ (40,606,184)
Balance (in Shares) at Mar. 31, 2024		23,124,888

CONDENSED CONSOLIDATED STATEM_3

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Cash flows from operating activities
Net loss	$ (2,434,701)	$ (6,766,834)
Adjustment to reconcile net loss to net cash used in operating activities
Share-based compensation	30,509	165,007
Depreciation	31,845	41,409
Accretion of discount on convertible notes payable	159,149	40,797
Change in fair value of warrant liability	0	(525,000)
Change in fair value of derivative liability	114,709	12,000
Cancellation of trade liability	(207,967)	0
Issuance of shares for financing fee	0	250,000
Impairment loss on operating right-of-use asset	0	3,513,999
Loss on disposal of equipment	0	79,495
Amortization of right-of-use lease asset	0	167,073
Changes in operating assets and liabilities
Prepaid expenses and other current assets	502,733	764,112
Accounts payable	166,763	1,237,995
Accrued expenses and other current liabilities	365,161	212,920
Operating lease liability	84,777	(72,898)
Other noncurrent liabilities	(230,650)	(560,150)
Net cash used in operating activities	(1,417,672)	(1,440,075)
Cash flows from financing activities
Repayment of Insurance Financing Note	(315,997)	(345,591)
Net cash provided by financing activities	1,108,163	1,144,429
Net decrease in cash	(309,509)	(295,646)
Effect of exchange rate changes on cash	(3,528)	25,232
Cash and restricted cash, beginning of year	441,649	894,591
Cash and restricted cash, end of year	128,612	624,177
Components of cash, cash equivalents and restricted cash
Cash	68,612	564,177
Restricted cash	60,000	60,000
Total cash, cash equivalents and restricted cash	128,612	624,177
Supplemental disclosures of non-cash financing activities:
Cash paid for interest	50,947	0
Cash paid for taxes	0	0
Non-cash investing and financing activities:
Exchange of April 2023 Convertible Notes for December 2023 Convertible Notes	250,600	0
Founder Loans [Member]
Cash flows from financing activities
Proceeds from related party loan	0	250,000
Secured Founder Loans [Member]
Cash flows from financing activities
Proceeds from related party loan	750,000	0
April Two Thousand Twenty Three Convertible Notes [Member]
Cash flows from financing activities
Proceeds from issuance of Convertible Notes, net of issuance costs	0	1,240,020
December Two Thousand Twenty Three Convertible Notes [Member]
Cash flows from financing activities
Proceeds from issuance of Convertible Notes, net of issuance costs	$ 674,160	$ 0

Description of the Business

Description of the Business	3 Months Ended
	Mar. 31, 2024
Accounting Policies [Abstract]
Description of the Business	1. Description of the Business Peak Bio, Inc., together with its fully-owned subsidiaries, Peak Bio Co. Ltd (“Peak Bio Ltd”) and Peak Bio CA, Inc. (the “Company” or “Peak Bio”), is a clinical-stage biotechnology company focused on discovering, developing and delivering innovative therapies for multiple therapeutic areas. The Company has established a portfolio of potential therapies focused on cancer and immunological diseases. The Company’s pipeline includes the PH-1 ADC Platform for oncology, PHP-303 program for genetic disease, liver disease and inflammation, specifically for Alpha-1 antitrypsin deficiency (AATD) and acute respiratory distress syndrome (ARDS) including COVID-19. Akari Merger Agreement On March 4, 2024, the Company entered into an Agreement and Plan of Merger (the “Merger Agreement”) with Akari Therapeutics, Plc, a public company limited by shares incorporated in England and Wales (“Akari”), and Pegasus Merger Sub, Inc., a Delaware corporation and a wholly-owned subsidiary of Akari (“Merger Sub”), pursuant to which, Merger Sub will be merged with and into the Company (the “Merger”), with the Company surviving the Merger as a wholly-owned subsidiary of Akari. Pursuant to the Merger Agreement, at the effective time of the Merger (the “Effective Time”), each issued and outstanding share of the Company’s Common Stock will be converted into the right to receive Akari American Depositary Shares (“Akari ADSs”) representing a number of Akari ordinary shares, par value $ 0.0001 per share (the “Akari Ordinary Shares”), equal to an exchange ratio calculated in accordance with the Merger Agreement (the “Exchange Ratio”), each such share duly and validly issued against the deposit of the requisite number of Akari Ordinary Shares in accordance with the Deposit Agreement (as defined in the Merger Agreement). The Exchange Ratio will be calculated such that the total number of shares of Akari ADSs to be issued as merger consideration for the Company’s Common Stock will be expected to be, upon issuance, approximately 50 % of the outstanding shares of Akari ADSs (provided, certain adjustments to this ratio will be made in respect of the net cash, as determined in accordance with the Merger Agreement, of each of Peak Bio and Akari at the close of business one business day prior to the anticipated consummation of the Merger). At the Effective Time, each warrant and option to purchase capital stock of the Company outstanding immediately prior to the Effective Time will be exchanged for a warrant or option to purchase a number of Akari ordinary shares or Akari ADSs, as determined by Akari, based on the Exchange Ratio. Voting Agreements Concurrently with the Merger Agreement, the Company and Akari entered into voting and support agreements (the “Voting Agreements”) with certain stockholders of the Company (the “Peak Stockholders”) and certain shareholders of Akari (the “Akari Shareholders” and, together with the Peak Stockholders, the “Supporting Holders”). The Supporting Holders have agreed to, among other things, vote their shares in favor of the Merger Agreement and the Merger or the issuance of Akari Ordinary Shares in connection therewith, as applicable, in accordance with the recommendation of the respective boards of directors of Peak Bio and Akari. Risks and Uncertainties The Company is subject to a number of risks similar to other companies in its industry, including competition from larger pharmaceutical and biotechnology companies, delays in research and development activities due to lack of financial resources and dependence on key personnel. Results of operations may be adversely affected by various factors that could cause economic uncertainty and volatility in the financial markets, many of which are beyond the Company’s control. The Company’s business could be impacted by, among other things, downturns in the financial markets or in economic conditions, inflation, increases in interest rates, and geopolitical instability, such as the military conflicts in Ukraine and the Israel-Hamas war. While the Company has not been impacted by the abovementioned risks and uncertainties to date, the Company cannot at this time fully predict the likelihood of one or more of the above events, their duration or magnitude or the extent to which they may negatively impact the Company’s business. Going Concern The Company has incurred net losses since inception, and has an accumulated deficit of $ 40.6 million as of March 31, 2024. The Company incurred net losses of $ 2.4 million and $ 6.8 million for the three months ended March 31, 2024 and 2023, respectively. Since April 1, 2024, the Company raised aggregate gross proceeds of approximately $ 3.5 million from the issuance of May 2024 Convertible Notes (see Note 14). The Company expects to incur significant expenses and operating losses for the foreseeable future as it continues its efforts to identify product candidates and seek regulatory approvals within its portfolio. The Company will need additional financing to fund its ongoing activities and to close the Merger with Akari. The Company may raise this additional funding through the sale of equity, debt financing or other capital sources, including potential collaborations with other companies or other strategic transactions and funding under government contracts. The Company may be unable to raise additional funds or enter into other arrangements when needed on favorable terms, or at all. There can be no assurances that other sources of financing will be available. Due to these uncertainties, there is substantial doubt about the Company’s ability to continue as a going concern. The accompanying unaudited condensed consolidated financial statements have been prepared assuming that the Company will continue as a going concern. The unaudited condensed consolidated financial statements do not include any adjustments relating to the recoverability and classification of recorded asset amounts or classification of liabilities that might result from the outcome of the uncertainties discussed above. On January 6, 2023, the Company received a determination letter (the “Determination Letter”) from the Panel to delist the Company’s common stock and warrants from Nasdaq. Nasdaq suspended trading in Company’s common stock and warrants effective at the open of business on January 10, 2023. Following the suspension from Nasdaq, the Company’s securities are trading on the OTC Markets’ “OTC Pink Market” tier, which in turn impacted the Company's ability to raise capital.

Summary of Significant Accounti

Summary of Significant Accounting Policies	3 Months Ended
	Mar. 31, 2024
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	2. Summary of Significant Accounting Policies For the three months ended March 31, 2024, there have been no changes to the significant accounting policies as disclosed in Note 2 to the Consolidated Financial Statements included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2023 (the “2023 Consolidated Financial Statements”). Unaudited Financial Information The Company’s unaudited condensed consolidated financial statements included herein have been prepared in conformity with accounting principles generally accepted in the United States of America, or GAAP, and pursuant to the rules and regulations of the Securities and Exchange Commission (“SEC”). All intercompany balances and transactions have been eliminated in consolidation. In the Company’s opinion, the information furnished reflects all adjustments, all of which are of a normal and recurring nature, necessary for a fair presentation of the financial position and results of operations for the reported interim periods. The Company considers events or transactions that occur after the balance sheet date but before the financial statements are issued to provide additional evidence relative to certain estimates or to identify matters that require additional disclosure. The unaudited condensed consolidated financial statements and notes thereto should be read in conjunction with the Company’s audited consolidated financial statements and notes thereto for the year ended December 31, 2023 included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2023 filed with the SEC on August 5, 2024 (the “2023 Form 10-K”). The accompanying consolidated balance sheet as of December 31, 2023 has been derived from the audited balance sheet as of December 31, 2023 contained in the Company’s 2023 Form 10-K. Results of operations for interim periods are not necessarily indicative of the result of operations for a full year. Use of Estimates The preparation of condensed consolidated financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the unaudited condensed consolidated financial statements and the reported amounts of revenue and expenses during the reporting period. Significant estimates include but are not limited to fair value of the Company’s stock, stock-based compensation expense, warrant liability, derivative liability, and discount rates used to establish operating lease liability. Making estimates requires management to exercise significant judgment. It is at least reasonably possible that the estimate of the effect of a condition, situation or set of circumstances that existed at the date of the unaudited condensed consolidated financial statements, which management considered in formulating its estimate, could change in the near term due to one or more future confirming events. Actual results could differ from those estimates. Restricted Cash Restricted cash as of March 31, 2024 and December 31, 2023 consists of $ 60,000 in a restricted bank account established to secure the Company’s credit cards. Impairment of Long-lived Assets Long-lived assets consist primarily of property and equipment, and operating right-of-use assets. The Company reviews long-lived assets for impairment whenever events or changes in circumstances indicate the carrying amount of an asset is not recoverable. Recoverability of assets to be held and used is measured by a comparison of the carrying amount of an asset to the future undiscounted net cash flows expected to be generated by the asset. If such assets are considered to be impaired, the impairment to be recognized is measured as the amount by which the carrying amount of the asset exceeds the fair value of the assets. Fair value would be assessed using discounted cash flows or other appropriate measures of fair value. No impairment losses were recognized during the three months ended March 31, 2024. The Company recognized an impairment loss on its operating right-of-use assets, totaling $ 3,513,999 during the three months ended March 31, 2023 (see Note 7). Net Loss Per Share The Company computes basic net loss per share attributable to common stockholders by dividing net loss attributable to common stockholders by the weighted-average number of common shares outstanding for the period, without consideration for potentially dilutive securities. The Company computes diluted net loss per share after giving consideration to all potentially dilutive common shares resulting from the exercise of options and warrants and the conversion of convertible notes, outstanding during the period determined using the treasury-stock and if-converted methods, as applicable, except where the effect of including such securities would be antidilutive. The December 2023 Convertible Notes (see Note 10) are contingently convertible notes and are not included for purposes of calculating the number of diluted shares outstanding as the number of dilutive shares is based on a non-market based conversion contingency that had not been met in the reporting periods presented herein. For all periods presented, there is no difference in the number of shares used to calculate basic and diluted shares outstanding as inclusion of the potentially dilutive securities would be antidilutive. The following table sets forth the potentially dilutive securities that have been excluded from the calculation of diluted net loss per share because to include them would be anti-dilutive (in common stock equivalent shares): March 31, December 31, 2024 2023 Common stock options 1,363,108 1,698,754 Common stock warrants 9,419,352 9,419,352 April 2023 Convertible Notes convertible into common stock 5,127,945 5,493,515 Recently Adopted Accounting Standards In November 2023, the FASB issued ASU 2023-07, Segment Reporting: Improvements to Reportable Segment Disclosures. This ASU modified the disclosure and presentation requirements primarily through enhanced disclosures of significant segment expenses and clarified that single reportable segment entities must apply Topic 280 in its entirety. This guidance is effective for the Company for the year beginning January 1, 2024, with early adoption permitted. The amendments should be applied retrospectively to all prior periods presented in the financial statement. The Company adopted ASU 2023-07 on January 1, 2024 and the adoption did not have a material effect on the Company’s consolidated financial statements. In August 2020, the FASB issued ASU 2020-06, “Debt—Debt with Conversion and Other Options (Subtopic 470-20) and Derivatives and Hedging—Contracts in Entity’s Own Equity (Subtopic 815-40): Accounting for Convertible Instruments and Contracts in an Entity’s Own Equity” (“ASU 2020-06”), which simplifies the accounting for convertible instruments by removing major separation models required under current U.S. GAAP. ASU 2020-06 removes certain settlement conditions that are required for equity contracts to qualify for the derivative scope exception, which will permit more equity contracts to qualify for such exception and simplifies the diluted earnings per share calculation in certain areas. ASU 2020-06 is effective for public business entities that meet the definition of a SEC filer, excluding entities eligible to be smaller reporting companies as defined by the SEC, for fiscal years beginning after December 15, 2021, including interim periods within those fiscal years. For all other entities, the amendments are effective for fiscal years beginning after December 15, 2023, including interim periods within those fiscal years. Early adoption is permitted, but no earlier than fiscal years beginning after December 15, 2020, including interim periods within those fiscal years. The Company adopted ASU 2020-06 on January 1, 2024 and the adoption did not have a material effect on the Company’s consolidated financial statements. Recently Issued Accounting Standards Not Yet Adopted In December 2023, the FASB issued ASU 2023-09, Income Taxes (Topic 740): Improvements to Income Tax Disclosures, which includes amendments that further enhance income tax disclosures, primarily through standardization and disaggregation of rate reconciliation categories and income taxes paid by jurisdiction. The amendments are effective for all public entities for fiscal years beginning after December 15, 2024. Early adoption is permitted and should be applied either prospectively or retrospectively. The Company plans to adopt ASU 2023-09 and related updates on January 1, 2025. The Company is currently evaluating the impact that the updated standard will have on its financial statement disclosures. There were no other recently issued but not yet effective accounting pronouncements that will have a material effect on the accompanying unaudited condensed consolidated financial statements.

Prepaid and Other Current Asset

Prepaid and Other Current Assets	3 Months Ended
	Mar. 31, 2024
Prepaid Expense and Other Assets, Current [Abstract]
Prepaid and Other Current Assets	3. Prepaid and other current assets Prepaid and other current assets consist of the following: March 31, December 31, 2024 2023 Prepaid directors and officers insurance current policies $ 855,914 $ 1,222,734 Prepaid directors and officers insurance run-off policies 605,383 638,404 Other prepaid expenses 27,845 56,128 Other receivables — 75,192 Prepaid and other current assets $ 1,489,142 $ 1,992,458

Accrued Expenses

Accrued Expenses	3 Months Ended
	Mar. 31, 2024
Accrued Liabilities, Current [Abstract]
Accrued Expenses	4. Accrued Expenses Accrued expenses consist of the following: March 31, December 31, 2024 2023 Professional Fees $ 54,643 $ 43,552 Accrued compensation 3,559,656 3,322,454 Other 316,352 210,762 Total accrued expenses $ 3,930,651 $ 3,576,768 As of March 31, 2024, $ 3,231,112 of compensation due to current and former directors and officers is included in accrued compensation. As of December 31, 2023, $ 3,038,399 of compensation was due to current and former directors and officers, of which $ 2,807,749 was included in accrued expenses and $ 230,650 was included in other noncurrent liabilities. Other noncurrent liabilities of $ 230,650 as of December 31, 2023, are related to the founder and director's forwent salary under an employment contract dated January 2022, that is repayable through February 2025. Amounts repayable within one year are classified as accrued expenses and amounts repayable in more than one year are recognized as noncurrent liabilities. As of March 31, 2024, no amounts related to the January 2022 employment contract were included in noncurrent liabilities.

Share-Based Compensation

Share-Based Compensation	3 Months Ended
	Mar. 31, 2024
Share-Based Payment Arrangement [Abstract]
Share-Based Compensation	5. Share-Based Compensation The Company’s Long Term Incentive Plan (the “Plan”) became effective on November 1, 2022. Pursuant to the Plan, 4,150,470 shares of Common Stock have been reserved for issuance under the Plan. Under the provisions of the Plan, the stock options shall be granted at an exercise price per share equal to at least the fair market value of the shares of common stock on the date of grant stock options and would generally have a term of 10 years. Stock options currently outstanding under the Plan generally vest on the second-year anniversary date of grant and exercisable at any time after the grant date. The following table summarizes the stock option activity: Number of Options Weighted-average exercise price per share Weighted average remaining contractual term (in years) Aggregate intrinsic value Outstanding at December 31, 2023 1,698,754 $ 5.28 1.9 $ — Granted — $ — Cancelled/Forfeited ( 335,646 ) $ 0.51 Exercised — $ — Outstanding at March 31, 2024 1,363,108 $ 6.46 2.2 $ — Exercisable at March 31, 2024 1,363,108 $ 6.46 2.2 $ — In February 2023, the Company extended the term of 335,646 vested options to allow the exercise of these options for an additional one year period. As a result, the Company recorded an expense of $ 16,782 included in general and administrative expenses during the three months ended March 31, 2023. The fair value was determined using a Black-Scholes option pricing model with the following weighted average assumptions: Three Months Ended March 31, 2023 Expected volatility 79.3 % Risk-free interest rate 4.66 % Expected term (in years) 1.0 Expected dividend yield 0 % For the three months ended March 31, 2024 and 2023, the share-based compensation expense was $ 30,509 and $ 165,007 , respectively. As of March 31, 2024, there was no unrecognized compensation cost and all issued and outstanding stock options were exerciseable. The following table summarizes information related to share-based compensation expense recognized in the unaudited condensed consolidated statements of operations and comprehensive loss related to the equity awards: Three Months Ended March 31, 2024 2023 Research and development $ 19,027 $ 102,488 General and administrative 11,482 62,519 Total equity-based compensation $ 30,509 $ 165,007

Related Party Transactions and

Related Party Transactions and Shared Service Costs	3 Months Ended
	Mar. 31, 2024
Related Party Transactions [Abstract]
Related Party Transactions and Shared Service Costs	6. Related Party Transactions and Shared Service Costs On March 1, 2022, the Company and pH Pharma Co., Ltd entered into an administrative services and facilities agreement whereby pH Pharma Co., Ltd would perform services, functions and responsibilities for the Company. Under the agreement, the Company paid pH Pharma Co., Ltd $ 100,000 per month through August 30, 2022 and $ 15,000 per month from September 1, 2022 through February 28, 2023 based on the estimated value of the services to be performed. Additionally, the Company reimbursed pH Pharma Co., Ltd $ 3,000 per month in lease payments from March 1, 2022 through February 28, 2023. At December 31, 2023, the balance payable to pH Pharma Co., Ltd under this agreement was $ 309,534 , which was included in accounts payable in the consolidated balance sheet. On January 31, 2024, the Company an d pH Pharma Co., Ltd entered into a settlement agreement, settled the outstanding debt for a one-time payment of $ 85,000 , resulting in $ 207,967 recognized during three months ended March 31, 2024 in cancellation of trade liability, and terminated the administrative services and facilities agreement. The Company recognized $ 0 and $ 36,357 expenses under the administrative services and facilities agreement for the three months ended March 31, 2024 and 2023, respectively. On April 1, 2024, the Company and pH Pharma Co., Ltd entered into an administrative services agreement whereby pH Pharma Co., Ltd will perform investor relations services, functions and responsibilities on behalf of the Company in the Republic of Korea. Under the agreement, the Company is obligated to pay pH Pharma Co., Ltd. a one-time fee of $ 230,000 for the services performed from January 1, 2024 through April 30, 2024 and a monthly fee of $ 10,000 per month for services rendered from May 1, 2024 through July 31, 2024. At March 31, 2024, the amounts accrued to pH Pharma Co., Ltd under this agreement totaled $ 172,500 , included in accounts payable in the unaudited condensed consolidated balance sheets. The Company recognized $ 172,500 expense under this administrative services agreement for the three months ended March 31, 2024.

Leases

Leases	3 Months Ended
	Mar. 31, 2024
Leases [Abstract]
Leases	7. Leases In October 2021, the Company entered into a lease for laboratory and office facilities in Palo Alto, California (the “Palo Alto Lease”). The Palo Alto Lease expires in April 2027 and has a five-year renewal option. Base rent for this lease is approximately $ 89,000 monthly with annual escalations of 3 %. Pursuant to the terms of the lease, the Company received from the lessor approximately $ 300,000 for tenant improvements. The Company is required to repay this amount over the remaining term of the lease with 7 % interest. The Company has applied the guidance in ASC 842 and has determined that this lease should be classified as an operating lease. In March 2023, the Company vacated, and returned possession of, the premises to the lessor. As a result, the Company recognized a loss of $ 3,513,999 on the abandonment of its operating right-of-use asset during the three months ended March 31, 2023. The Company made no payments on the lease starting on January 1, 2023 through March 31, 2024. In February 2023, the landlord filed a lawsuit against the Company claiming compensation for damages resulting from the breach of the lease. On June 3, 2024, the landlord was awarded a default judgment against the Company for $ 796,773 ; however, the Company is still in the process of negotiating a settlement with the landlord and the lease has not been terminated. Accordingly, the lease obligation is classified as a current liability in the Company's balance sheet. Rent expense for the three months ended March 31, 2024 and 2023 was $ 101,618 and $ 272,489 , respectively. Interest expense for the three months ended March 31, 2024 and 2023 was $ 84,777 and $ 104,213 , respectively.

Commitments and Contingencies

Commitments and Contingencies	3 Months Ended
	Mar. 31, 2024
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	8. Commitments and Contingencies From time to time, the Company may be involved in litigation relating to claims arising out of operations in the normal course of business. As of March 31, 2024, there were no pending or threatened lawsuits that could reasonably be expected to have a material effect on the Company’s results of operations, except as discussed in Note 7. At each reporting period, the Company evaluates known claims to determine whether a potential loss amount or a potential range of loss is probable and reasonably estimable under ASC 450, Contingencies. Legal fees are expensed as incurred. Bayer Acquisition Agreement In March 2017, the Company entered into an assignment, license, development and commercialization agreement (the “Bayer Acquisition Agreement”) with Bayer, to acquire from Bayer all right, title and interest in and to PHP-303, including each and every invention and any priority rights relating to its patents. Under the Bayer Acquisition Agreement, the Company is committed to pay certain development and regulatory milestones up to an aggregate amount of $ 23,500,000 and high single digit royalties based on the sale of products developed based on the licensed compound. Royalties will be payable on a licensed product-by-licensed product and country-by-country basis until the later of ten years after the first commercial sale of such licensed product in such country and expiration of the last patent covering such licensed product in such country that would be sufficient to prevent generic entry. Either party may terminate the Bayer Acquisition Agreement upon prior written notice for the other party’s material breach that remains uncured for a specified period of time or insolvency. Bayer agreed not to assert any Bayer intellectual property rights that were included in the scope of the Bayer Acquisition Agreement against the Company. The Company incurred zero expenses under this agreement as no milestones have been achieved since inception, and no products were sold from inception through March 31, 2024.

Debt

Debt	3 Months Ended
	Mar. 31, 2024
Debt Disclosure [Abstract]
Debt	9. Debt Related Party Loans Founder Loans In May 2021, the Company received proceeds from a loan in the amount of approximately $ 750,000 from its chairman and founding chief executive officer, Dr. Hoyoung Huh (“the Founder”). The loan, which was scheduled to mature on May 31, 2022 , bore interest at a rate of 1.0 % per annum. The loan could be prepaid by the Company at any time prior to maturity with no prepayment penalties. In August 2021, the Company received proceeds from the additional loan in the amount of approximately $ 750,000 from the Founder (together with the May 2021 loan, “Founder Loans”). The loan, which was scheduled to mature on July 31, 2022 , bore interest at a rate of 1.0 % per annum. The loan could be prepaid by the Company at any time prior to maturity with no prepayment penalties. The Company made a $ 150,000 payment on the Founder Loans in December 2022. On April 28, 2023, the Company settled $ 448,940 of the principal and $ 26,830 of accrued interest through the issuance of the April 2023 Convertible Notes, related party (see below). As of March 31, 2024 and December 31, 2023, the outstanding balance was $ 901,060 under the Founder Loans, included in the related party loans on the unaudited condensed consolidated balance sheet. The interest expense on the Founder Loans totale d $ 0 and $ 3,586 f or the three months ended March 31, 2024 and 2023, respectively. Secured Founder Loan In January 2024, the Company received proceeds from a Senior Secured Promissory Note (the “Secured Founder Loan”) in the amount of $ 750,000 from the Founder. In accordance with the terms of the Secured Founder Loan, the Company, together with its subsidiaries, also entered into a Security Agreement with the Founder (the “Security Agreement”). The Secured Note has a maturity date on January 23, 2025 and carries an interest rate of 15 % per annum. As security for payment of the Secured Note, the Security Agreement grants and assigns to the Founder the security interest in all of the assets of the Company and its subsidiaries. The interest expense on the Secured Founder Loan totaled $ 20,959 and $ 0 for the three months ended March 31, 2024 and 2023, respectively. Promissory Note On November 1, 2022, the Company issued $ 1,512,500 in convertible notes (the “November 2022 Convertible Notes”). The convertible notes accrued interest at a rate of 8 % per annum and had the maturity date of October 31, 2023 , provided however that the Company agreed to make mandatory prepayments on this note (which were first be applied to accrued interest and then to principal) from time to time in amounts equal to 15 % of the gross proceeds received by the Company from any equity lines, forward purchase agreements or other equity financings consummated by Company prior to the maturity date. The November 2022 Convertible Notes were convertible at the maturity date at the option of the holder in all or part of the principal and/or accrued interest into shares of common stock of the Company at a per share conversion price equal to 90 % of the volume weighted average price of a share of common stock of the Company for the five trading days immediately prior to the maturity date. The Company determined that the conversion upon maturity represented an embedded derivative that was subject to bifurcation and separate accounting with the change in the fair value recorded as other expense during each reporting period under the guidance in Accounting Standards Codification (“ASC”) Topic 815, Derivatives and Hedging (“ASC 815”) (the “November 2022 Convertible Note Liability”). The fair value of the November 2022 Convertible Note Liability at the issuance date was estimated at $ 165,000 . The Company allocated the proceeds from the November 2022 Convertible Note first to the embedded derivative with the remaining proceeds allocated to the notes, which resulted in a discount on the convertible notes of $ 165,000 which was amortized to interest expense over the term of the convertible notes. On November 1, 2023, the Company entered into an amendment to the November 2022 Convertible Notes whereby the principal amount of the notes was reduced from $ 1,512,500 to $ 650,000 , the interest was reduced to 6 % per annum, the maturity was extended to December 31, 2024 and the conversion terms were removed. Further, the amendment required the Company to make a payment of $ 300,000 by December 31, 2023, which was made in December 2023. The remaining balance of $ 378,622 including the accrued interest through the maturity date, is due on December 31, 2024. The amendment to the November 2022 Convertible Notes was accounted as an exchange into a promissory note (the “Promissory Note”) under the trouble debt restructuring (“TDR”) guidance in ASC Subtopic 470-60, Debt – Troubled Debt Restructurings by Debtors (“ASC 470-60”). Under the TDR guidance, the Company recognized a gain on debt extinguishment of $ 998,878 for the year ended December 31, 2023. As of March 31, 2024 and December 31, 2023, the outstanding balance on the Promissory Note was $ 378,622 , including principal of $ 350,000 and $ 28,622 in accrued interest. The interest expense on November 2022 Convertible Note totaled $ 0 and $ 47,827 , including amortization of the discount of $ 47,827 , for the three months ended March 31, 2024 and 2023, respectively. April 2023 Convertible Notes On April 28, 2023, the Company entered into separate subscription agreements (the “2023 Convertible Note and Warrant Subscription Agreements”) under which the Company issued the convertible promissory notes in the principal amount of $ 2,195,034 (the “April 2023 Convertible Notes”) and 3,658,390 warrants for the Company’s common stock (the “2023 Convertible Note Warrants”). The April 2023 Convertible Notes bear interest at a rate of 6 % per annum until their maturity date of October 28, 2023 and a default rate of 10 % per annum thereafter. As at December 31, 2023 and March 31, 2024, the April 2023 Convertible Notes are in default. The April 2023 Convertible Notes are convertible at any time from the issuance date at the option of the holder into the Company’s common stock at $ 0.60 per share (the “April 2023 Conversion Feature”). The 2023 Convertible Note Warrants have the five year term and are exercisable at any time from the issuance date at the exercise price of $ 0.60 per share. In connection with the issuance of the Convertible Notes and the Convertible Note Warrants, in consideration for its services in respect of the financing described above, the Company also issued to Paulson Investment Company, LLC (the “Placement Agent”) a warrant to purchase 209,670 shares of the Company’s common stock at a price per share of $ 0.60 (the “Placement Agent Warrant”). The Placement Agent Warrants have a five year term and are exercisable at any time from the issuance date. In addition, the Company paid the Placement Agent a commission of approximately $ 125,000 . The April 2023 Convertible Note Warrants and the Placement Agent Warrants were accounted as a liability under ASC 815, as the April 2023 Convertible Note Warrants and Placement Agent Warrants do not meet the criteria for equity classification due to the lack of available authorized shares. The aggregate fair value of the April 2023 Convertible Note Warrants and the Placement Agent Warrants was $ 1,527,640 and $ 87,552 , respectively, at the issuance date using a Black Scholes Option Pricing Model. The initial fair value was determined based on the following assumptions: Expected volatility 72.8 % Risk-free interest rate 3.51 % Expected term (in years) 5.0 Expected dividend yield 0 % The Company determined that the April 2023 Conversion Feature is subject to bifurcation under the guidance in ASC 815 due to the lack of available authorized shares and registration requirements and recognized a derivative liability of $ 560,436 at the issuance date (the “April 2023 Conversion Feature Liability”). The derivative liability was estimated using a Black Scholes Option Pricing Model, based on the following assumptions: Expected volatility 66.5 % Risk-free interest rate 4.94 % Expected term (in years) 0.5 Expected dividend yield 0 % At the issuance date, the proceeds from the April 2023 Convertible Notes were allocated to the April 2023 Convertible Note Warrants and the April 2023 Conversion Feature Liability based on their fair values of $ 1,527,640 and $ 560,436 , respectively, with the remaining proceeds allocated to the convertible notes. The resulting discount on the April 2023 Convertible Notes was accreted into the interest expense over the term of the convertible notes using the effective interest method. The fair value of the Placement Agent Warrants at the issuance date and the cash commission were capitalized and amortized into the interest expense over the term of the convertible notes using the effective interest method. The Company is in default on the April 2023 Convertible Notes, however, the Company has not received demands for repayment through the filing date of these unaudited condensed consolidated financial statements. In December 2023, certain holders of April 2023 Convertible Notes agreed to exchange the aggregate amount of $ 187,950 of April 2023 Convertible Notes, including the accrued interest, into the same amount of December 2023 Convertible Notes (see below). In January 2024, additional holders of April 2023 Convertible Notes agreed to exchange the aggregate amount of $ 250,600 of April 2023 Convertible Notes, including the accrued interest, into the same amount of December 2023 Convertible Notes (see below). The Company recorded interest expense of $ 44,376 and $ 0 , including amortization of discount of $ 0 and $ 0 , for the three months ended March 31, 2024 and 2023, respectively. At March 31, 2024, the outstanding balance on the April 2023 Convertible Notes was approximately $ 1,863,698 , including principal of $ 1,775,034 and accrued interest of $ 88,663 . April 2023 Convertible Notes, related party On April 28, 2023, the Company entered into a subscription agreement with its founder and director to exchange $ 1,130,775 in outstanding Founder Loans into the same amount of convertible promissory note with the same terms as the April 2023 Convertible Notes and 1,884,625 April 2023 Convertible Note Warrants. The amounts converted included $ 448,940 of principal and $ 26,830 accrued interest due under the 2021 Founder Loans, $ 400,000 of principal and $ 3,806 of interest due under the Venn Loan, and $ 250,000 of principal and $ 1,199 of accrued interest due under the March 2023 Founder Loan. The Company accounted for the issuance of the April 2023 convertible notes payable, related party, as a debt extinguishment in accordance with ASC 470 and recognized a loss of approximately $ 1,014,368 during the year ended December 31, 2023. As at December 31, 2023 and March 31, 2024, the April 2023 Convertible Note, related party was in default. At the issuance date, the carrying value of the April 2023 Convertible Notes was reduced by the fair value of the related April 2023 Convertible Note Warrants and the April 2023 Conversion Feature Liability of $ 786,967 and $ 288,710 , respectively, with the remaining proceeds allocated to the convertible notes. The April 2023 Conversion Feature Liability related to the April 2023 Convertible Notes, related party, was valued using a Black Scholes Option Pricing Model. The initial fair value was determined to be $ 0.3 million based on the following assumptions: stock price of $ 0.655 , expected volatility of 66.5 %, risk-free rate of 4.94 % and expected term of 0.5 years. The resulting discount on the April 2023 Convertible Notes, related party was accreted into the interest expense over the term of the convertible notes using the effective interest method. The Company is in default on the April 2023 Convertible Notes, related party. However, the Company has not received demands for repayment through the filing date of these unaudited condensed consolidated financial statements. The Company recorded interest expense of approximately $ 28,269 and $ 0 , including amortization of discount of $ 0 and $ 0 for the three months ended March 31, 2024 and March 31, 2023, respectively. At March 31, 2024, the outstanding balance of the April 2023 Convertible Notes, related party, was approximately $ 1,184,801 , including principal of $ 1,130,775 and accrued interest of $ 54,026 . December 2023 Convertible Notes In December, 2023, the Company issued convertible promissory notes in the aggregate principal amount of $ 1,000,000 (the “December 2023 Convertible Notes”). In addition, certain holders of April 2023 Convertible Notes agreed to exchange the aggregate amount of $ 187,950 of April 2023 Convertible Notes, including the accrued interest, into the same amount of December 2023 Convertible Notes. In January and February 2024, the Company completed additional closes of the December 2023 Convertible Notes pursuant to which the Company issued the notes with the principal amount of $ 738,000 . In addition, at those date, the holders of April 2023 Convertible Notes agreed to exchange the aggregate amount of $ 250,600 of April 2023 Convertible Notes, including the accrued interest, into the same amount of December 2023 Convertible Notes. The December 2023 Convertible Notes bear an interest rate of 10 % per annum and have a maturity date of December 18, 2024 . The terms of the December 2023 Convertible Notes provide for automatic conversion of the outstanding principal amount of the December 2023 Convertible Notes and all accrued and unpaid interest upon a business combination (as defined in the agreement) into the Company common stock at the Conversion Price (the “Automatic Conversion Feature”). The Conversion Price is determined by reference to the purchase price payable in connection with such business combination, multiplied by 70 %, where the price per share of the common stock is determined by reference to the 30-day volume weighted average price of the Company’s common stock on the public exchange immediately prior to conversion, resulting in 43% discount on the issuance price in the a business combination (the Automatic Discount”). If a business combination does not occur prior to the maturity date of the December 2023 Convertible Notes and if the Company’s Common Stock is listed on a public exchange as of such date, then the holders have the right, at their option, to convert the outstanding principal amount of the December 2023 Convertible Notes (and all accrued and unpaid interest thereof) into the shares of common stock of the Company at a price equal to the 30-day volume weighted average price of the Company’s common stock on the public exchange on which it is traded multiplied by 90 % (the “Optional Conversion Feature”). In consideration for its services in respect of the financing described above, the Company paid Paulson Investment Company, LLC (the “December 2023 Placement Agent”) the commission of $ 83,600 and $ 63,840 for the December 2023 issuances and the January and February 2024 issuances, respectively. Further, upon conversion of the December 2023 Convertible Notes into Common Stock of the Company, the December 2023 Placement Agent will receive shares of restricted common stock of the Company equal to (i) 4 % of the total number of shares of common stock received upon conversion of the December 2023 Convertible Notes issued for new capital and (ii) 1 % of the total number of shares of common stock received upon conversion of the December 2023 Convertible Notes issued for the exchange for April 2023 Convertible Notes. The cash commission to the December 2023 Placement Agent was capitalized and amortized into the interest expense over the term of the convertible notes using the effective interest method. The Company accounted for the issuance of the common stock shares to the Placement Agent under ASC 718 as equity-based compensation based on a performance condition. As the issuance of the common stock shares to the December 2023 Placement Agent upon conversion of the notes was deemed not probable both at issuance date and March 31, 2024, no expense was recorded for the three months ended March 31, 2024 related to this equity based compensation and had no impact on the interest expense for the three months ended March 31, 2024. The Company determined that both the Automatic Conversion Feature and the Optional Conversion Feature are subject to bifurcation under the guidance in ASC 815 as variable-share redemption features at a discount. The Company recognized the total derivative liability of $ 573,546 and $ 0 for the Automatic Conversion Feature and the Optional Conversion Feature, respectively, at the issuance dates (together, the “December 2023 Conversion Feature Liability”). The fair value of the derivative liability related to the Automatic Conversion Feature was estimated by applying the probability of a business combination of 50% to the Automatic Discount of 43%. The fair value of the derivative liability related to the Optional Conversion Feature was immaterial as the probability that the Company is listed on a public exchange in absence of a business combination prior to the maturity of the December 2023 Convertible Notes was deemed minimal. At the issuance date, the proceeds from the December 2023 Convertible Notes were allocated to the December 2023 Conversion Feature Liability based on its fair value with the remaining proceeds allocated to the convertible notes. The resulting discount on the and the December 2023 Convertible Notes was accreted into the interest expense over the term of the convertible notes using the effective interest method. The cash commission to the December 2023 Placement Agent was capitalized and amortized into the interest expense over the term of the convertible notes using the effective interest method. The Company recorded interest expense of $ 186,775 for the three months ended March 31, 2024, including amortization of the discount on the convertible notes and the commission to the December 2023 Placement Agent of $ 134,590 . At March 31, 2024, the outstanding principal balance of the December 2023 Convertible Notes was $ 1,704,603 plus accrued interest of $ 55,183 . December 2023 Convertible Notes, related party On December 18, 2023, the Company issued a $ 500,000 in convertible notes to its founder and director on the same terms as the December 2023 Convertible Notes (“December 2023 Convertible Notes, related party”). At the issuance date, the proceeds from the December 2023 Convertible Notes, related party, were allocated to the December 2023 Conversion Feature Liability based on its fair value of $ 107,143 with the remaining proceeds allocated to the convertible notes. The resulting discount on the and the December 2023 Convertible Notes, related party, was accreted into the interest expense over the term of the convertible notes using the effective interest method. The Company recorded interest expense of $ 37,025 during the three months ended March 31, 2024 on the December 2023 Convertible Notes, related party, including amortization of the discount on the convertible notes of $ 24,559 . At March 31, 2024, the outstanding principal balance of the December 2023 Convertible Notes, related party, was $ 420,862 plus accrued interest of $ 14,247 . Insurance Financing Note On November 1, 2022, the Company financed its 2022 annual Director & Officer liability insurance policy premium of $ 1,006,342 (including premiums, taxes and fees) with First Insurance Funding (the “Lender”) at an annual interest rate of 7.20 % (the “Insurance Financing Note”). The Insurance Financing Note was payable in monthly installment payments through August 1 , 2023. On November 1, 2023, the Company financed its 2023 annual Director & Officer liability insurance policy premium of $ 631,993 with the Lender at an annual interest rate of 9.95 %. The Insurance Financing Note is payable in monthly installment payments through July 1, 2024. The agreement assigns the Lender a first priority lien on and security interest in the financed policies and any additional premium required in the financed policies including (a) all returned or unearned premiums, (b) all additional cash contributions or collateral amounts assessed by the insurance companies in relation to the financed policies and financed by Lender, (c) any credits generated by the financed policies, (d) dividend payments, and (e) loss payments which reduce unearned premiums. If any circumstances exist in which premiums related to any Financed Policy could become fully earned in the event of loss, Lender shall be named a loss-payee with respect to such policy. The Company recognized $ 5,736 and $ 7,608 in interest expenses related the Insurance Financing for the three months ended March 31, 2024 and 2023, respectively. As of March 31, 2024, the balance on the Insurance Financing Note was $ 315,997 .

Stockholders' Equity

Stockholders' Equity	3 Months Ended
	Mar. 31, 2024
Stockholders' Equity Note [Abstract]
Stockholders' Equity	10. Stockholders' Equity Key Company Stockholder Agreements On April 5, 2023, the Company received notice from its founder and director informing the Company that he would not consummate the purchase of the Key Company Stockholder Forward Purchase Agreement as a result of the Company’s failure to satisfy the condition to be listed on Nasdaq as required by the agreement. As a result, the Company cancelled and retired the 1,930,501 shares of common stock being held in escrow and recognized $ 13,000 loss on extinguishment of the Key Company Stockholder Forward Purchase Liability in the second quarter of 2023. On April 5, 2023, the Company and its Key Company Stockholder entered into a letter agreement to provide for the conversion of up to $ 2,031,034 of the Founder loans into future debt and equity financings on the same terms with other investors. Pursuant to the agreement, the amount converted would be based on the Key Company Stockholder's pro-rata portion of the equity ownership in the Company’s outstanding common stock and would not exceed in the aggregate the amount of the outstanding debt with Key Company Stockholder. On April 28, 2023, the Company entered into a subscription agreement with its founder and director to exchange $ 1,130,775 in outstanding Founder Loans into the same amount of convertible promissory note with the same terms as the April 2023 Convertible Notes and 1,884,625 2023 Convertible Note Warrants. White Lion Common Stock Purchase and Registration Rights Agreements On November 3, 2022, the Company entered into a Common Stock Purchase Agreement (the “White Lion Purchase Agreement") and Registration Rights (the “White Lion RRA”) with White Lion Capital, LLC, a Delaware limited liability company (“White Lion”). Pursuant to the White Lion Purchase Agreement, the Company has the right, but not the obligation, to require White Lion to purchase, from time to time, up to $ 100,000,000 in aggregate gross purchase price of newly issued shares of its Common Stock, subject to certain limitations and conditions set forth in the White Lion Purchase Agreement. The Company recorded a derivative liability for this agreement (see Note 6). The Company is obligated under the White Lion Purchase Agreement and the White Lion RRA to file a registration statement with the SEC to register the Common Stock under the Securities Act, for the resale by White Lion of shares of Common Stock that the Company may issue to White Lion under the White Lion Purchase Agreement. Subject to the satisfaction of certain customary conditions including, without limitation, the effectiveness of a registration statement registering the shares issuable pursuant to the White Lion Purchase Agreement, the Company's right to sell shares to White Lion will commence on the effective date of the registration statement and extend until November 1, 2025. During such term, subject to the terms and conditions of the White Lion Purchase Agreement, the Company may notify White Lion when it exercises its right to sell shares (the effective date of such notice, a “Notice Date”). The number of shares sold pursuant to any such notice may not exceed (i) the lower of (a) the Purchase Notice Fixed Limit (described below) and (b) the product of (1) the Average Daily Trading Volume (as defined in the White Lion Purchase Agreement), and (2) the applicable Percentage Limit (as defined in the White Lion Purchase Agreement). The Purchase Notice Fixed Limit is $ 500,000 upon payment of the Initial Commitment Shares (as defined in the White Lion Purchase Agreement) and can be increased in two tranches: (A) to $ 1,000,000 following an aggregate purchase of $ 5,000,000 shares and issuance by the Company to White Lion of an additional $ 250,000 in Commitment Shares, and (B) to $ 2,000,000 following an aggregate purchase of $ 10,000,000 shares and issuance by the for payment of an additional $ 250,000 in Commitment Shares (as defined in the White Lion Purchase Agreement). The applicable Percentage Limit is 40 % or 150 % depending on the price the Company agrees to sell shares to White Lion. At an applicable Percentage Limit of 40 %, the Purchase Price to be paid by White Lion for any such shares will equal 97 % of lowest daily volume-weighted average price of Common Stock during a period of two consecutive Trading Days following the applicable Purchase Notice Date (as defined in the White Lion Purchase Agreement) until an aggregate of $ 50,000,000 in Purchase Notice Shares (as defined in the White Lion Purchase Agreement) have been purchased under White Lion Purchase Agreement, at which point the Purchase Price (as defined in the White Lion Purchase Agreement) to be paid by White Lion will equal 98 % of the lowest daily volume-weighted average price of Common Stock during a period of two consecutive Trading Days following the applicable Purchase Notice Date. At an applicable Percentage Limit of 150 %, the Purchase Price to be paid by White Lion for any such shares will equal 94.5 % of the lowest daily volume-weighted average price of Common Stock during a period of three consecutive Trading Days following the applicable Purchase Notice Date. The Company will have the right to terminate the White Lion Purchase Agreement at any time after commencement, at no cost or penalty, upon three (3) Trading Days’ prior written notice. Additionally, White Lion will have the right to terminate the White Lion Purchase Agreement upon three (3) days’ prior written notice to the Company if (i) there is a Fundamental Transaction (as defined in the White Lion Purchase Agreement), (ii) the Company is in breach or default in any material respect of the White Lion RRA, (iii) there is a lapse of the effectiveness, or unavailability of, the registration statement for a period of 45 consecutive Trading Days or for more than an aggregate of 90 Trading Days in any 365-day period, (iv) the suspension of trading of the Common Stock for a period of five (5) consecutive Trading Days, (v) the material breach of the White Lion Purchase Agreement by the Company, which breach is not cured within the applicable cure period or (vi) a Material Adverse Effect (as defined in the White Lion Purchase Agreement) has occurred and is continuing. No termination of the White Lion Purchase Agreement will affect the registration rights provisions contained in the White Lion RRA. In consideration for the commitments of White Lion, as described above, the Company has agreed that it will issue to White Lion shares of Common Stock having a value of $ 250,000 based upon the Closing Sale Price (as defined in the White Lion Purchase Agreement) of Common Stock two Trading Days prior to the filing of the Initial Registration Statement as Initial Commitment Shares. The Company may increase the number of shares it may sell to White Lion by issuing additional Commitment Shares in two additional tranches of $ 250,000 each. The Company issued Initial Commitment Shares of 50,200 shares of Common Stock to White Lion, based upon the Closing Sale Price of our Common Stock of $ 4.98 per share on November 30, 2022. Concurrently with the execution of the White Lion Purchase Agreement, the Company entered into the White Lion RRA with White Lion in which the Company agreed to register the shares of Common Stock purchased by White Lion with the SEC for resale within 30 days of the consummation of a business combination. The White Lion RRA also contains usual and customary damages provisions for failure to file and failure to have the registration statement declared effective by the SEC within the time periods specified. The White Lion Purchase Agreement and the White Lion RRA contain customary representations, warranties, conditions and indemnification obligations of the parties. The representations, warranties and covenants contained in such agreements were made only for purposes of such agreements and as of specific dates, were solely for the benefit of the parties to such agreements and may be subject to limitations agreed upon by the contracting parties. The White Lion Purchase Agreement was accounted for as a standby equity purchase agreement under ASC 815 as it includes an embedded put option and an embedded forward option. The put option is recognized on inception and the forward option is recognized upon issuance of notice for the sale of the Company's Common Stock. The fair value of the derivative liability related to the embedded put option (“White Lion Derivative Liability) was estimated at $ 1,900,000 at the inception of the agreement. The fair value of the White Lion Derivative Liability was determined using a Monte Carlo simulation based on the projected stock price of $ 13.05 , expected volatility of 86.5 %, risk-free rate of 4.53 % and discounted at 45.0 % for the probability of the Company timely filing all SEC documents and meeting the NASDAQ listing requirements. In March 2023, the Company entered into an amendment to the White Lion Purchase Agreement to give the Company the right, but not the obligation to require White Lion to purchase shares of the Company's common stock while trading on the OTC Market. Under the terms of the amendment, at an applicable Percentage Limit of 200 %, the Purchase Price to be paid by White Lion for any such shares will equal 90 % of the lowest daily volume-weighted average price of common stock during a period of six consecutive Trading Days following the applicable Purchase Notice Date if the Company is listed on the OTC Market with the exception of the OTC Pink or OTC Bulletin Board, in which case the Purchase Price will equal 85 % of the lowest daily volume-weighted average price of common stock during a period of six consecutive Trading Days following the applicable Purchase Notice Date. Further, the Company will issue to White Lion within five (5) Trading Days following the effective date of the amendment fully paid, non-assessable shares of the Company's common stock equal to the quotient obtained by dividing (i) $ 250,000 and (ii) the lowest traded sale price of the common stock of the 10 (ten) Trading Days prior to the effective date of the amendment, minus 50,200 . In March 2023, the Company issued 412,763 shares of its common stock to White Lion. In August 2023, the Company and White Lion entered into a second amendment to the common stock Purchase Agreement (the “Second Amendment”). The Second Amendment includes, among other things, the right of the Company to issue a Purchase Notice (defined in the Second Amendment as an “Accelerated Purchase Notice”) requesting White Lion to purchase newly issued shares of common stock from the Company, subject to acceptance by White Lion, with pricing of the shares to be sold by the Company to White Lion under such Accelerated Purchase Notice determined on the date of issuance by the Company of the Accelerate Purchase Notice and acceptance by White Lion (the date of such notice defined as the “Accelerated Valuation Period”). Such accelerated purchases pursuant to an Accelerated Purchase Notice will be sold to White Lion at a price, defined as an “Accelerated Purchase Price,” equal to the lower of (i) the opening price of common stock during the Accelerated Valuation Period, (ii) the closing price of the common stock during Accelerated Valuation Period, or (iii) the volume weighted average price of the common stock during Accelerated Valuation Period; provided, however, that if at the time the Company delivers an Accelerated Purchase Notice to Investor the price of the common stock is lower than the opening price of the common stock during the Accelerated Valuation Period, the Accelerated Purchase Price will be discounted by 20 %. In addition, the Second Amendment provides for an “Accelerated Purchase Notice Limit” equal to 200 %. In addition, in the event the Company does not issue Purchase Notices (as defined in the White Lion Purchase Agreement) to White Lion providing for the purchase of at least $ 1,250,000 of Purchase Shares (as defined in the White Lion Purchase Agreement and Second Amendment) in the aggregate within 180 days following the effective date of the amendment, the Company will issue to White Lion an additional number of fully paid, non-assessable shares of common stock equal to the quotient obtained by dividing (i) $ 150,000 and (ii) the lowest Closing Sale Price (as defined in the White Lion Purchase Agreement and Second Amendment) of common stock of the 10 (ten) Trading Days prior to the 180th day following the effective date of the amendment. As at March 31, 2024 and December 31, 2023, the Company had no outstanding purchase notices issued to White Lion. Public Warrants In November 2022, upon consummation of the Business Combination, the Company assumed 2,875,000 public warrants from Ignyte Acquisition Corporation. Each whole warrant entitles the holder to purchase one share of Common Stock at a price of $ 11.50 per share, subject to adjustment as discussed herein. The warrants became exercisable 30 days after the completion of the Business Combination. However, no warrants will be exercisable for cash unless the Company has an effective and current registration statement covering the shares of common stock issuable upon exercise of the warrants and a current prospectus relating to such shares of common stock. Notwithstanding the foregoing, if a registration statement covering the shares of common stock issuable upon exercise of the public warrants is not effective within a specified period following the consummation of the initial Business Combination, warrant holders may, until such time as there is an effective registration statement and during any period when the Company shall have failed to maintain an effective registration statement, exercise warrants on a cashless basis pursuant to the exemption provided by Section 3(a)(9) of the Securities Act, provided that such exemption is available. If that exemption, or another exemption, is not available, holders will not be able to exercise their warrants on a cashless basis. In the event of such cashless exercise, each holder would pay the exercise price by surrendering the warrants for that number of shares of common stock equal to the quotient obtained by dividing (x) the product of the number of shares of common stock underlying the warrants, multiplied by the difference between the exercise price of the warrants and the “fair market value” (defined below) by (y) the fair market value. The “fair market value” for this purpose will mean the average reported last sale price of the shares of common stock for the 5 trading days ending on the trading day prior to the date of exercise. The warrants will expire on the fifth anniversary of the completion of an initial Business Combination, at 5:00 p.m., New York City time, or earlier upon redemption or liquidation. The Company may call the warrants for redemption: • in whole and not in part; • at a price of $ 0.01 per warrant; • at any time after the warrants become exercisable, • upon not less than 30 days’ prior written notice of redemption to each warrant holder; and • if, and only if, the reported last sale price of the Common Stock equals or exceeds $ 18.00 per share (as adjusted for stock splits, stock dividends, reorganizations, recapitalizations) for any 20 trading days within a 30-trading day period commencing at any time after the warrants become exercisable and ending on the third business day prior to the notice of redemption to warrant holders; and • if, and only if, there is a current registration statement in effect with respect to the shares of common stock underlying such warrants. If the Company calls the warrants for redemption as described above, the Company’s management will have the option to require all holders that wish to exercise warrants to do so on a “cashless basis.” In such event, each holder would pay the exercise price by surrendering the warrants for that number of shares of common stock equal to the quotient obtained by dividing (x) the product of the number of shares of common stock underlying the warrants, multiplied by the difference between the exercise price of the warrants and the “fair market value” (defined below) by (y) the fair market value. The “fair market value” for this purpose shall mean the average reported last sale price of the shares of common stock for the 5 trading days ending on the third trading day prior to the date on which the notice of redemption is sent to the holders of warrants. There were no exercises or forfeitures of the Public Warrants during the three months ended March 31, 2024. Private Placement Warrants In November 2022, upon consummation of the Business Combination, the Company assumed 2,500,000 Private Placement Warrants from Ignyte Acquisition Corporation. Each Private Placement Warrant will entitle the holder to purchase one share of common stock at a price of $ 11.50 per share, subject to adjustment. The Private Placement Warrants are identical to the Public Warrants, except that the Private Placement Warrants were non-redeemable and may be exercised on a cashless basis, in each case so long as they continue to be held by the initial purchasers or their permitted transferees. The Private Placement Warrants were accounted for under ASC 815, pursuant to which the Private Placement Warrants do not meet the criteria for equity classification and must be recorded as liabilities. The Private Placement Warrants were valued using the Black Scholes Option Pricing Model, which is considered to be a Level 3 fair value measurement, as there was no observable market for the Private Placement Warrants and was determined based on significant inputs not observable in the market. The following weighted average assumptions were used in determining the fair value of the Private Placement Warrants at March 31, 2024: March 31, 2024 Expected volatility 100 % Risk-free interest rate 4.40 % Expected term (in years) 3.59 Expected dividend yield 0 % There were no exercises or forfeitures of the Private Placement Warrants during the three months ended March 31, 2024. April 2023 Convertible Note Warrants On April 28, 2023, in connection with the April 2023 Convertible Notes and April 2023 Convertible Notes, related party, the Company issued 5,752,685 warrants to purchase the Company's common stock at $ 0.60 per share. On June 22, 2023, the founder and director exercised 666,667 of the April 2023 Convertible Note Warrants for total proceeds of $ 400,000 . The fair value of the April 2023 Convertible Note Warrants at the exercise date was $ 244,261 which was reclassified from the warrant liability into the additional paid-in capital. The Company recognized a capital contribution of $ 244,261 using a Black Scholes Option Pricing Model based on the following assumptions: stock price of $ 0.598 , expected volatility of 72.0 %, risk-free rate of 4.03 % and expected term of 4.85 years. On July 20, 2023, the founder and director exercised 458,333 of the April 2023 Convertible Note Warrants for total proceeds of $ 275,000 . The fair value of the April 2023 Convertible Note Warrants at the exercise date was $ 269,004 which was reclassified from the warrant liability into the additional paid-in capital. The Company recognized a capital contribution of $ 269,004 related to the fair value of the April 2023 Convertible Note Warrants at the exercise date, which as determined using a Black Scholes Option Pricing Model based on the following assumptions: stock price of $ 0.84 , expected volatility of 76.2 %, risk-free rate of 4.43 % and expected term of 4.78 years. On August 14, 2023, Company's founder and director exercised 583,333 of the April 2023 Convertible Note Warrants for a total purchase price of $ 350,000 . The fair value of the April 2023 Convertible Note Warrants at the exercise dates was $ 248,303 which was reclassified from the warrant liability into the additional paid-in capital. The Company recognized a capital contribution of $ 248,303 million using a Black Scholes Option Pricing Model based on the following assumptions: stock price of $ 0.66 , expected volatility of 76.0 %, risk-free rate of 4.64 % and expected term of 4.71 years. On November 1, 2023, the remaining 4,044,352 April 2023 Convertible Note Warrants were reclassified from liability into equity following the exchange of the November 2022 Convertible Notes into Promissory Note (see Note 10) and resulting sufficient number of authorized shares being available for issuance of the warrants. The fair value of the warrant liability was $ 65,469 at the reclassification date. The summary of the Company's outstanding common stock warrants at March 31, 2024 is as follows: Description Number of Warrants Exercise price per share Expiration Date Private Placement Warrants 2,500,000 $ 11.50 11/1/2027 Public Warrants 2,875,000 $ 11.50 11/1/2027 April 2023 Convertible note warrants 3,868,060 $ 0.60 4/28/2028 April 2023 Convertible note warrants, related party 176,292 $ 0.60 4/28/2028 Total 9,419,352

Fair Value of Financial Instrum

Fair Value of Financial Instruments	3 Months Ended
	Mar. 31, 2024
Fair Value Disclosures [Abstract]
Fair Value of Financial Instruments	11. Fair Value of Financial Instruments The Company believes the carrying amounts of its cash, accounts payable and accrued expenses, and debt balances approximate their fair values due to their near-term maturities. There were no transfers among Level 1, Level 2 or Level 3 categories. The following table sets forth the Company’s financial instruments that were measured at fair value on a recurring basis by level within the fair value hierarchy Fair Value Measurement at March 31, 2024 Total Level 1 Level 2 Level 3 - Derivative liability 688,255 — — 688,255 Warrant liability Less than $ 1 — — Less than $ 1 Total Liabilities $ 688,255 $ — $ — $ 688,255 Fair Value Measurement at December 31, 2023 Total Level 1 Level 2 Level 3 - Derivative liability 361,704 — — 361,704 Warrant liability Less than $ 1 — — Less than $ 1 Total Liabilities $ 361,704 $ — $ — $ 361,704 The table below presents the changes in Level 3 liabilities (assets) measured at fair value on a recurring basis during the three months ended March 31, 2024 and 2023: White Lion Derivative Liability Key Company Stockholder Forward Liability (Asset) Private Placement Warrants Liability November 2022 Convertible Note Liability April 2023 Conversion Feature Liability April 2023 Convertible Notes Warrants Liability December 2023 Conversion Feature Liability Balance at January 1, 2023 $ 1,000 $ ( 13,000 ) $ 525,000 $ 165,000 $ — $ — $ — Change in fair value ( 1,000 ) 13,000 ( 525,000 ) — — — — Balance at March 31, 2023 $ — $ — $ — $ 165,000 $ — $ — $ — Balance at January 1, 2024 $ — $ — $ — $ — $ — $ — $ 361,704 Issuance of December 2023 Convertible Notes — — — — — — 211,842 Change in fair value — — — — — — 114,709 Balance at March 31, 2024 $ — $ — $ — $ — $ — $ — $ 688,255 White Lion Derivative Liability The White Lion Derivative Liability is valued using Monte Carlo simulation model and a such is considered to be a Level 3 fair value measurement, as the fair value was determined based on significant inputs not observable in the market. The significant unobservable inputs used to determine the fair value were the projected volume weighed average share price at each trading date and the use of the maximum draw down potential. The fair value of the White Lion Derivative Liability at March 31, 2023 of $ 1,000 was determined using the Monte Carlo Model based on the projected stock price of $ 0.65 , expected volatility of 78 %, risk-free rate of 3.84 % and discounted by 5.0 % for the probability of the Company timely filing all SEC documents and meeting the OTC Market listing requirements. The fair value of the White Lion Purchase Agreement was $ 0 at March 31, 2024. The following weighted average assumptions were used in determining the fair value of the White Lion Purchase Agreement at March 31, 2024 and March 31, 2023: March 31, March 31, 2024 2023 Stock Price $ 0.01 $ 0.65 Expected volatility 86.1 % 78.0 % Risk-free interest rate 4.66 % 3.84 % Discount related to the probability of timely filing all SEC documents and meeting the NASDAQ listing requirements 2.5 % 5.0 % Expected dividend yield — % — % April 2023 Convertible Note Warrants and Placement Agent Warrants The April 2023 Convertible Note Warrants and Placement Agent Warrants were accounted as a liability at the issuance date and were fair valued using a Black Scholes Option Pricing Model, and is considered to be a Level 3 fair value measurement, as the fair value of the instruments was determined based on significant inputs not observable in the market. On November 1, 2023, all outstanding April 2023 Convertible Note Warrants were reclassified from liability into equity (see Note 10). The fair value of the April 2023 Convertible Note Warrants at the reclassification date was based on the following assumptions: Stock price $ 0.08 Expected volatility 74.9 % Risk-free interest rate 4.65 % Expected term (in years) 4.49 Expected dividend yield 0 % Private Placement Warrants The fair value of the Private Placement Warrants was estimated using a Black Scholes Option Pricing Model, which is considered to be a Level 3 fair value measurement, as the fair value was determined based on significant inputs not observable in the market. The fair value of the Private Placement Warrants at both March 31, 2024 and March 31, 2023 was $ 0 . The fair value of the Private Placement Warrants was based on the following assumptions: March 31, March 31, 2024 2023 Stock Price $ 0.01 $ 0.65 Expected volatility 100.0 % 14.0 % Risk-free interest rate 4.40 % 4.59 % Expected term (in years) 3.59 4.59 Expected dividend yield — % — % April 2023 Conversion Feature Liability On January 1, 2024, on adoption of ASU 2020-06, the April 2023 Conversion Feature Liability met the derivative accounting scope exception and the conversion feature no longer required bifurcation form the April 2023 Convertible Notes and 2023 April 2023 Convertible Notes, related party. On January 1, 2024, the fair value of the fair value of the April 2023 Conversion Feature Liability was $ 0 . December 2023 Conversion Feature Liability The fair value of the December 2023 Conversion Feature Liability was estimated based on the probability weighted settlement scenarios, which is considered to be a Level 3 fair value measurement, as the fair value was determined based on significant inputs not observable in the market. At March 31, 2024, the fair value of the derivative liability related to the Automatic Conversion Feature was estimated at $ 688,256 by applying the probability of a business combination of 60% to the Automatic Discount of 43%. At March 31, 2024, the fair value of the derivative liability related to the Optional Conversion Feature was deemed immaterial as the probability that the Company is listed on a public exchange in absence of a business combination prior to the maturity of the December 2023 Convertible Notes was deemed minimal.

Grant Revenue

Grant Revenue	3 Months Ended
	Mar. 31, 2024
Revenue Recognition [Abstract]
Grant Revenue	12. Grant Revenue Government grants The Company has one active government grant with the Department of Defense, US Army Medical Research Acquisition Activity. This grant is for work on a COVID-19 therapeutic with a potential of $ 4.0 million, awarded in stages starting in January 2021 and with potential stages running through September 2026. Funding from the grant is received after expenditures have been incurred by the Company pursuant to the pre-approved statement of work and upon submission of a detailed voucher. The Grant is governed by the DoD Grant and Agreement Regulations, a subsection of the Code of Federal Regulations and requires the Company to provide financial and technical reports on a periodic basis to the Department of Defense. For the three months ended March 31, 2024 and 2023 , grant revenue of $ 0 and $ 13,854 , respectively was recognized from this grant. Approximately $ 2.5 million in funding remains available for this grant at March 31, 2024

Income Taxes

Income Taxes	3 Months Ended
	Mar. 31, 2024
Income Tax Disclosure [Abstract]
Income Taxes	13. Income Taxes The Company did no t provide for any income taxes for the three months ended March 31, 2024 and 2023. The Company has evaluated the positive and negative evidence bearing upon its ability to realize the deferred tax assets. Management has considered the Company’s history of cumulative net losses incurred since inception and its lack of commercialization of any products or generation of any revenue from product sales since inception and has concluded that it is not more likely than not that the Company will realize the benefits of the deferred tax assets. Accordingly, a full valuation allowance has been established against the deferred tax assets as of March 31, 2024 and December 31, 2023. The Company recognized tax expense of $ 0 for the three months ended March 31, 2024 and 2023.

Subsequent Events

Subsequent Events	3 Months Ended
	Mar. 31, 2024
Subsequent Events [Abstract]
Subsequent Events	14. Subsequent Events May 2024 Convertible Notes In May 2024, the Company entered into a secured convertible promissory note agreement pursuant to which the Company issued convertible notes in the aggregate principal amount of $ 1,324,500 (the “May 2024 Convertible Notes”). In July 2024, the Company completed a final closing of the May 2024 Convertible Notes and entered into a secured convertible promissory note agreement pursuant to which the Company issued convertible notes in the aggregate principal amount of $ 2,175,000 (the “May 2024 Convertible Notes”). The May 2024 Convertible Notes carry an interest rate of 10 % per annum, have a maturity date of December 18, 2024 . The terms of the May 2024 Convertible Notes provide for automatic conversion of the outstanding principal amount of the notes and all accrued and unpaid interest upon a business combination (as defined in the agreement) into the Company common stock at the Conversion Price. The Conversion Price is determined by reference to the purchase price payable in connection with such business combination, multiplied by 50 %, where the price per share of the common stock is determined by reference to the 30-day volume weighted average price of our common stock on the public exchange immediately prior to conversion. In conjunction with the May 2024 Convertible Notes, the Company entered into the Security Agreement which grants and assigns the May 2024 convertible note holders a senior security interest in all of the assets of the Company and its subsidiaries. In consideration for its services in respect of the financing described above, the Company paid Paulson Investment Company, LLC (the “May 2024 Placement Agent”) the commission of $ 200,000 . Further, upon conversion of the May 2024 Convertible Notes into Common Stock of the Company, the May 2024 Placement Agent will receive shares of restricted common stock of the Company equal to 4 % of the total number of shares of common stock received upon conversion of May 2024 Convertible Notes on certain notes with a principal value of $ 2,500,000 . Former Employee Wage Claim On August 14, 2024, the Company received from the California Labor Commissioner’s Office notice of a claim submitted by a former employee seeking recovery of unpaid wages, statutory liquidated damages and waiting time penalties in the total amount of approximately $ 32,800 . The Labor Commissioner’s Office has scheduled a settlement conference to be held on November 19, 2024. The Company’s management is currently investigating the claimant’s allegations to determine if an amount or range of amounts of losses related to the claim is probable and reasonably estimable.

Summary of Significant Accoun_2

Summary of Significant Accounting Policies (Policies)	3 Months Ended
	Mar. 31, 2024
Accounting Policies [Abstract]
Unaudited Financial Information	Unaudited Financial Information The Company’s unaudited condensed consolidated financial statements included herein have been prepared in conformity with accounting principles generally accepted in the United States of America, or GAAP, and pursuant to the rules and regulations of the Securities and Exchange Commission (“SEC”). All intercompany balances and transactions have been eliminated in consolidation. In the Company’s opinion, the information furnished reflects all adjustments, all of which are of a normal and recurring nature, necessary for a fair presentation of the financial position and results of operations for the reported interim periods. The Company considers events or transactions that occur after the balance sheet date but before the financial statements are issued to provide additional evidence relative to certain estimates or to identify matters that require additional disclosure. The unaudited condensed consolidated financial statements and notes thereto should be read in conjunction with the Company’s audited consolidated financial statements and notes thereto for the year ended December 31, 2023 included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2023 filed with the SEC on August 5, 2024 (the “2023 Form 10-K”). The accompanying consolidated balance sheet as of December 31, 2023 has been derived from the audited balance sheet as of December 31, 2023 contained in the Company’s 2023 Form 10-K. Results of operations for interim periods are not necessarily indicative of the result of operations for a full year.
Use of Estimates	Use of Estimates The preparation of condensed consolidated financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the unaudited condensed consolidated financial statements and the reported amounts of revenue and expenses during the reporting period. Significant estimates include but are not limited to fair value of the Company’s stock, stock-based compensation expense, warrant liability, derivative liability, and discount rates used to establish operating lease liability. Making estimates requires management to exercise significant judgment. It is at least reasonably possible that the estimate of the effect of a condition, situation or set of circumstances that existed at the date of the unaudited condensed consolidated financial statements, which management considered in formulating its estimate, could change in the near term due to one or more future confirming events. Actual results could differ from those estimates.
Restricted Cash	Restricted Cash Restricted cash as of March 31, 2024 and December 31, 2023 consists of $ 60,000 in a restricted bank account established to secure the Company’s credit cards.
Impairment of Long-lived Assets	Impairment of Long-lived Assets Long-lived assets consist primarily of property and equipment, and operating right-of-use assets. The Company reviews long-lived assets for impairment whenever events or changes in circumstances indicate the carrying amount of an asset is not recoverable. Recoverability of assets to be held and used is measured by a comparison of the carrying amount of an asset to the future undiscounted net cash flows expected to be generated by the asset. If such assets are considered to be impaired, the impairment to be recognized is measured as the amount by which the carrying amount of the asset exceeds the fair value of the assets. Fair value would be assessed using discounted cash flows or other appropriate measures of fair value. No impairment losses were recognized during the three months ended March 31, 2024. The Company recognized an impairment loss on its operating right-of-use assets, totaling $ 3,513,999 during the three months ended March 31, 2023 (see Note 7).
Net Loss Per Share	Net Loss Per Share The Company computes basic net loss per share attributable to common stockholders by dividing net loss attributable to common stockholders by the weighted-average number of common shares outstanding for the period, without consideration for potentially dilutive securities. The Company computes diluted net loss per share after giving consideration to all potentially dilutive common shares resulting from the exercise of options and warrants and the conversion of convertible notes, outstanding during the period determined using the treasury-stock and if-converted methods, as applicable, except where the effect of including such securities would be antidilutive. The December 2023 Convertible Notes (see Note 10) are contingently convertible notes and are not included for purposes of calculating the number of diluted shares outstanding as the number of dilutive shares is based on a non-market based conversion contingency that had not been met in the reporting periods presented herein. For all periods presented, there is no difference in the number of shares used to calculate basic and diluted shares outstanding as inclusion of the potentially dilutive securities would be antidilutive. The following table sets forth the potentially dilutive securities that have been excluded from the calculation of diluted net loss per share because to include them would be anti-dilutive (in common stock equivalent shares): March 31, December 31, 2024 2023 Common stock options 1,363,108 1,698,754 Common stock warrants 9,419,352 9,419,352 April 2023 Convertible Notes convertible into common stock 5,127,945 5,493,515
Recently Adopted and Issued Accounting Standards Not Yet Adopted	Recently Adopted Accounting Standards In November 2023, the FASB issued ASU 2023-07, Segment Reporting: Improvements to Reportable Segment Disclosures. This ASU modified the disclosure and presentation requirements primarily through enhanced disclosures of significant segment expenses and clarified that single reportable segment entities must apply Topic 280 in its entirety. This guidance is effective for the Company for the year beginning January 1, 2024, with early adoption permitted. The amendments should be applied retrospectively to all prior periods presented in the financial statement. The Company adopted ASU 2023-07 on January 1, 2024 and the adoption did not have a material effect on the Company’s consolidated financial statements. In August 2020, the FASB issued ASU 2020-06, “Debt—Debt with Conversion and Other Options (Subtopic 470-20) and Derivatives and Hedging—Contracts in Entity’s Own Equity (Subtopic 815-40): Accounting for Convertible Instruments and Contracts in an Entity’s Own Equity” (“ASU 2020-06”), which simplifies the accounting for convertible instruments by removing major separation models required under current U.S. GAAP. ASU 2020-06 removes certain settlement conditions that are required for equity contracts to qualify for the derivative scope exception, which will permit more equity contracts to qualify for such exception and simplifies the diluted earnings per share calculation in certain areas. ASU 2020-06 is effective for public business entities that meet the definition of a SEC filer, excluding entities eligible to be smaller reporting companies as defined by the SEC, for fiscal years beginning after December 15, 2021, including interim periods within those fiscal years. For all other entities, the amendments are effective for fiscal years beginning after December 15, 2023, including interim periods within those fiscal years. Early adoption is permitted, but no earlier than fiscal years beginning after December 15, 2020, including interim periods within those fiscal years. The Company adopted ASU 2020-06 on January 1, 2024 and the adoption did not have a material effect on the Company’s consolidated financial statements. Recently Issued Accounting Standards Not Yet Adopted In December 2023, the FASB issued ASU 2023-09, Income Taxes (Topic 740): Improvements to Income Tax Disclosures, which includes amendments that further enhance income tax disclosures, primarily through standardization and disaggregation of rate reconciliation categories and income taxes paid by jurisdiction. The amendments are effective for all public entities for fiscal years beginning after December 15, 2024. Early adoption is permitted and should be applied either prospectively or retrospectively. The Company plans to adopt ASU 2023-09 and related updates on January 1, 2025. The Company is currently evaluating the impact that the updated standard will have on its financial statement disclosures. There were no other recently issued but not yet effective accounting pronouncements that will have a material effect on the accompanying unaudited condensed consolidated financial statements.

Summary of Significant Accoun_3

Summary of Significant Accounting Policies (Tables)	3 Months Ended
	Mar. 31, 2024
Accounting Policies [Abstract]
Schedule of Dilutive Securities Excluded from Calculation of Net Loss Per Share	The following table sets forth the potentially dilutive securities that have been excluded from the calculation of diluted net loss per share because to include them would be anti-dilutive (in common stock equivalent shares): March 31, December 31, 2024 2023 Common stock options 1,363,108 1,698,754 Common stock warrants 9,419,352 9,419,352 April 2023 Convertible Notes convertible into common stock 5,127,945 5,493,515

Prepaid and Other Current Ass_2

Prepaid and Other Current Assets (Tables)	3 Months Ended
	Mar. 31, 2024
Prepaid Expense and Other Assets, Current [Abstract]
Schedule Of Prepaid And Other Current Assets	Prepaid and other current assets consist of the following: March 31, December 31, 2024 2023 Prepaid directors and officers insurance current policies $ 855,914 $ 1,222,734 Prepaid directors and officers insurance run-off policies 605,383 638,404 Other prepaid expenses 27,845 56,128 Other receivables — 75,192 Prepaid and other current assets $ 1,489,142 $ 1,992,458

Accrued Expenses (Tables)

Accrued Expenses (Tables)	3 Months Ended
	Mar. 31, 2024
Accrued Liabilities, Current [Abstract]
Schedule of Accrued Expenses	Accrued expenses consist of the following: March 31, December 31, 2024 2023 Professional Fees $ 54,643 $ 43,552 Accrued compensation 3,559,656 3,322,454 Other 316,352 210,762 Total accrued expenses $ 3,930,651 $ 3,576,768

Share-Based Compensation (Table

Share-Based Compensation (Tables)	3 Months Ended
	Mar. 31, 2024
Share-Based Payment Arrangement [Abstract]
Summary of stock option activity	The following table summarizes the stock option activity: Number of Options Weighted-average exercise price per share Weighted average remaining contractual term (in years) Aggregate intrinsic value Outstanding at December 31, 2023 1,698,754 $ 5.28 1.9 $ — Granted — $ — Cancelled/Forfeited ( 335,646 ) $ 0.51 Exercised — $ — Outstanding at March 31, 2024 1,363,108 $ 6.46 2.2 $ — Exercisable at March 31, 2024 1,363,108 $ 6.46 2.2 $ —
Schedule of Fair Value of Share-based Awards Measured with Weighted-Average Assumptions	The fair value was determined using a Black-Scholes option pricing model with the following weighted average assumptions: Three Months Ended March 31, 2023 Expected volatility 79.3 % Risk-free interest rate 4.66 % Expected term (in years) 1.0 Expected dividend yield 0 %
Schedule of Share-Based Compensation Expense	The following table summarizes information related to share-based compensation expense recognized in the unaudited condensed consolidated statements of operations and comprehensive loss related to the equity awards: Three Months Ended March 31, 2024 2023 Research and development $ 19,027 $ 102,488 General and administrative 11,482 62,519 Total equity-based compensation $ 30,509 $ 165,007

Debt (Tables)

Debt (Tables)	3 Months Ended
	Mar. 31, 2024
April 2023 Convertible Note Warrants and Placement Agent Warrants [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Schedule of Assumptions Used for Determining Initial Fair Value and Derivative Liability	The initial fair value was determined based on the following assumptions: Expected volatility 72.8 % Risk-free interest rate 3.51 % Expected term (in years) 5.0 Expected dividend yield 0 %
April 2023 Conversion Feature Liability [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Schedule of Assumptions Used for Determining Initial Fair Value and Derivative Liability	The derivative liability was estimated using a Black Scholes Option Pricing Model, based on the following assumptions: Expected volatility 66.5 % Risk-free interest rate 4.94 % Expected term (in years) 0.5 Expected dividend yield 0 %

Stockholders' Equity (Tables)

Stockholders' Equity (Tables)	3 Months Ended
	Mar. 31, 2024
Subsidiary, Sale of Stock [Line Items]
Summary of Company's Outstanding Warrants	The summary of the Company's outstanding common stock warrants at March 31, 2024 is as follows: Description Number of Warrants Exercise price per share Expiration Date Private Placement Warrants 2,500,000 $ 11.50 11/1/2027 Public Warrants 2,875,000 $ 11.50 11/1/2027 April 2023 Convertible note warrants 3,868,060 $ 0.60 4/28/2028 April 2023 Convertible note warrants, related party 176,292 $ 0.60 4/28/2028 Total 9,419,352
Private Placement [Member]
Subsidiary, Sale of Stock [Line Items]
Schedule of Weighted Average Assumptions Used in Determining the Fair Value	The following weighted average assumptions were used in determining the fair value of the Private Placement Warrants at March 31, 2024: March 31, 2024 Expected volatility 100 % Risk-free interest rate 4.40 % Expected term (in years) 3.59 Expected dividend yield 0 %

Fair Value of Financial Instr_2

Fair Value of Financial Instruments (Tables)	3 Months Ended
	Mar. 31, 2024
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Summary of Financial Instruments Measured at Fair Value on a Recurring Basis	The following table sets forth the Company’s financial instruments that were measured at fair value on a recurring basis by level within the fair value hierarchy Fair Value Measurement at March 31, 2024 Total Level 1 Level 2 Level 3 - Derivative liability 688,255 — — 688,255 Warrant liability Less than $ 1 — — Less than $ 1 Total Liabilities $ 688,255 $ — $ — $ 688,255 Fair Value Measurement at December 31, 2023 Total Level 1 Level 2 Level 3 - Derivative liability 361,704 — — 361,704 Warrant liability Less than $ 1 — — Less than $ 1 Total Liabilities $ 361,704 $ — $ — $ 361,704
Summary of Changes In Level 3 Liabilities (Assets) Measured At Fair Value On Recurring Basis	The table below presents the changes in Level 3 liabilities (assets) measured at fair value on a recurring basis during the three months ended March 31, 2024 and 2023: White Lion Derivative Liability Key Company Stockholder Forward Liability (Asset) Private Placement Warrants Liability November 2022 Convertible Note Liability April 2023 Conversion Feature Liability April 2023 Convertible Notes Warrants Liability December 2023 Conversion Feature Liability Balance at January 1, 2023 $ 1,000 $ ( 13,000 ) $ 525,000 $ 165,000 $ — $ — $ — Change in fair value ( 1,000 ) 13,000 ( 525,000 ) — — — — Balance at March 31, 2023 $ — $ — $ — $ 165,000 $ — $ — $ — Balance at January 1, 2024 $ — $ — $ — $ — $ — $ — $ 361,704 Issuance of December 2023 Convertible Notes — — — — — — 211,842 Change in fair value — — — — — — 114,709 Balance at March 31, 2024 $ — $ — $ — $ — $ — $ — $ 688,255
White Lion Purchase Agreement [Member]
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Schedule of Weighted Average Assumptions Used in Determining the Fair Value	The following weighted average assumptions were used in determining the fair value of the White Lion Purchase Agreement at March 31, 2024 and March 31, 2023: March 31, March 31, 2024 2023 Stock Price $ 0.01 $ 0.65 Expected volatility 86.1 % 78.0 % Risk-free interest rate 4.66 % 3.84 % Discount related to the probability of timely filing all SEC documents and meeting the NASDAQ listing requirements 2.5 % 5.0 % Expected dividend yield — % — %
April Two Thousand Twenty Three Convertible Note Warrants [Member]
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Schedule of Weighted Average Assumptions Used in Determining the Fair Value	The fair value of the April 2023 Convertible Note Warrants at the reclassification date was based on the following assumptions: Stock price $ 0.08 Expected volatility 74.9 % Risk-free interest rate 4.65 % Expected term (in years) 4.49 Expected dividend yield 0 %
Private Placement Warrants [Member]
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Schedule of Weighted Average Assumptions Used in Determining the Fair Value	The fair value of the Private Placement Warrants was based on the following assumptions: March 31, March 31, 2024 2023 Stock Price $ 0.01 $ 0.65 Expected volatility 100.0 % 14.0 % Risk-free interest rate 4.40 % 4.59 % Expected term (in years) 3.59 4.59 Expected dividend yield — % — %

Description of the Business (De

Description of the Business (Details) - USD ($)	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023	Mar. 04, 2024	Dec. 31, 2023
Organization and Business Operations (Details) [Line Items]
Net loss	$ (2,434,701)	$ (6,766,834)
Accumulated deficit	$ (40,606,184)			$ (38,171,483)
Common Stock, Par or Stated Value Per Share (in Dollars per share)	$ 0.0001			$ 0.0001
May 2024 Convertible Notes [Member]
Organization and Business Operations (Details) [Line Items]
Proceeds from issuance of Convertible Notes, net of issuance costs	$ 3,500,000
Akari Ordinary Shares [Member]
Organization and Business Operations (Details) [Line Items]
Common Stock, Par or Stated Value Per Share (in Dollars per share)			$ 0.0001
Akari American Depositary Shares [Member]
Organization and Business Operations (Details) [Line Items]
Percentage of expected ownership in outstanding shares			50%

Summary of Significant Accoun_4

Summary of Significant Accounting Policies - Additional Information (Details) - USD ($)	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023	Dec. 31, 2023
Accounting Policies [Abstract]
Restricted bank account collateral for credit card	$ 60,000		$ 60,000
Impairment loss on operating right-of-use asset	$ 0	$ 3,513,999

Summary of Significant Accoun_5

Summary of Significant Accounting Policies - Schedule of Dilutive Securities Excluded from Calculation of Net Loss Per Share (Details) - shares	3 Months Ended	12 Months Ended
	Mar. 31, 2024	Dec. 31, 2023
Employee Stock Option
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Potential common shares for outstanding warrants (in Shares)	1,363,108	1,698,754
Warrant [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Potential common shares for outstanding warrants (in Shares)	9,419,352	9,419,352
April 2023 Convertible Notes [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Potential common shares for outstanding warrants (in Shares)	5,127,945	5,493,515

Prepaid and Other Current Ass_3

Prepaid and Other Current Assets - Schedule Of Prepaid Expenses And Other Current Assets (Details) - USD ($)	Mar. 31, 2024	Dec. 31, 2023
Prepaid Expense and Other Assets, Current [Abstract]
Prepaid directors and officers insurance current policies	$ 855,914	$ 1,222,734
Prepaid directors and officers insurance run-off policies	605,383	638,404
Other prepaid expenses	27,845	56,128
Other receivables	0	75,192
Prepaid and other current assets	$ 1,489,142	$ 1,992,458

Accrued Expenses - Schedule of

Accrued Expenses - Schedule of Accrued Expenses (Details) - USD ($)	Mar. 31, 2024	Dec. 31, 2023
Accrued Liabilities, Current [Abstract]
Professional Fees	$ 54,643	$ 43,552
Accrued compensation	3,559,656	3,322,454
Other	316,352	210,762
Total accrued expenses	$ 3,930,651	$ 3,576,768

Accrued Expenses - Additional I

Accrued Expenses - Additional Information (Details) - USD ($)	Mar. 31, 2024	Dec. 31, 2023
Other noncurrent liabilities	$ 0	$ 230,650
Accrued expenses	3,930,651	3,576,768
Director [Member]
Accrued expenses		230,650
Accrued liabilities	$ 3,231,112	3,038,399
Unpaid compensation		$ 2,807,749

Share-Based Compensation - Addi

Share-Based Compensation - Additional Information (Details) - USD ($)		3 Months Ended
	Nov. 01, 2022	Mar. 31, 2024	Mar. 31, 2023	Dec. 31, 2023	Feb. 28, 2023
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Shares, Granted		0
Stock options		1,363,108		1,698,754	335,646
Share based combensation expense		$ 30,509	$ 165,007
Unvested stock-based compensation arrangements		0
General And Administrative Expense [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Share based combensation expense		$ 11,482	62,519
Stock Options [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Term of stock option	10 years
Stock Options [Member] | General And Administrative Expense [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Share based combensation expense			$ 16,782
Long Term Incentive Plan [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Shares, Granted	4,150,470

Share-Based Compensation - Summ

Share-Based Compensation - Summary Of Stock Option Activity (Details) - USD ($)	3 Months Ended	12 Months Ended
	Mar. 31, 2024	Dec. 31, 2023
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Outstanding [Roll Forward]
Shares, Outstanding Beginning Balance	1,698,754
Shares, Granted	0
Shares, Cancelled/Forfeited	(335,646)
Shares, Exercised	0
Shares, Outstanding Ending Balance	1,363,108	1,698,754
Shares,Exercisable	1,363,108
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Outstanding, Weighted Average Exercise Price [Abstract]
Weighted Average Exercise Price, Outstanding Beginning Balance	$ 5.28
Weighted Average Exercise Price, Granted	0
Weighted Average Exercise Price, Cancelled / Forfeited	0.51
Weighted Average Exercise Price, Exercised	0
Weighted Average Exercise Price, Outstanding Ending Balance	6.46	$ 5.28
Weighted Average Exercise Price, Exercisable	$ 6.46
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Additional Disclosures [Abstract]
Weighted Average Remaining Contractual Life, Outstanding	2 years 2 months 12 days	1 year 10 months 24 days
Weighted Average Remaining Contractual Life, Exercisable	2 years 2 months 12 days
Aggregate Intrinsic Value, Outstanding Beginning Balance	$ 0
Aggregate Intrinsic Value, Outstanding Ending Balance	0	$ 0
Aggregate Intrinsic Value, Exercisable	$ 0

Share-Based Compensation - Sche

Share-Based Compensation - Schedule of Fair Value of Share-based Awards Measured with Weighted-Average Assumptions (Details)	3 Months Ended
	Mar. 31, 2023
Share-Based Payment Arrangement [Abstract]
Expected volatility	79.30%
Risk-free interest rate	4.66%
Expected term (in years)	1 year
Expected dividend yield	0%

Share-Based Compensation - Sc_2

Share-Based Compensation - Schedule of Share-Based Compensation Expense (Details) - USD ($)	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Share-based Compensation Arrangement by Share-based Payment Award, Compensation Cost [Line Items]
Total equity-based compensation	$ 30,509	$ 165,007
Research and Development Expense [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Compensation Cost [Line Items]
Total equity-based compensation	19,027	102,488
General and Administrative Expense [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Compensation Cost [Line Items]
Total equity-based compensation	$ 11,482	$ 62,519

Related Party Transactions an_2

Related Party Transactions and Shared Service Costs - Additional Information (Details) - USD ($)			3 Months Ended			4 Months Ended	12 Months Ended
	Jan. 31, 2024	Mar. 01, 2022	Jul. 31, 2024	Mar. 31, 2024	Mar. 31, 2023	Apr. 30, 2024	Feb. 28, 2023	Dec. 31, 2023
Related Party Transactions (Details) [Line Items]
Cancellation of trade liability				$ 207,967	$ 0
PH Pharma Ltd [Member]
Related Party Transactions (Details) [Line Items]
Purchase price of founder shares		$ 100,000
Related Party Costs		$ 15,000
Lease payment							$ 3,000
Accounts Payable Related Parties Current								$ 309,534
settled the outstanding debt for a one-time payment	$ 85,000
Expenses under administrative services agreement				0	$ 36,357
PH Pharma Ltd [Member] | General And Administrative Expense [Member]
Related Party Transactions (Details) [Line Items]
Cancellation of trade liability				207,967
PH Pharma Ltd [Member] | Republic of Korea
Related Party Transactions (Details) [Line Items]
Accounts Payable Related Parties Current				172,500
Expenses under administrative services agreement				$ 172,500
PH Pharma Ltd [Member] | Subsequent Event [Member] | Republic of Korea
Related Party Transactions (Details) [Line Items]
Related Party Costs			$ 10,000
One time fee payable						$ 230,000

Leases - Additional Information

Leases - Additional Information (Details) - USD ($)		1 Months Ended	3 Months Ended		15 Months Ended
	Jun. 03, 2024	Oct. 31, 2021	Mar. 31, 2024	Mar. 31, 2023	Mar. 31, 2024
Leases [Line Items]
Annual escalations		3%
Impairment loss on operating lease right-of-use asset			$ 0	$ (3,513,999)
Interest expense			323,140	61,386
Palo Alto, California [Member]
Leases [Line Items]
Base rent for sublease		$ 89,000	101,618	272,489
Payments For Tenant Improvements		$ 300,000
Interest Percentage of Tenant Improvements		7%
Lease expiration period		2027-04
Lessee, operating lease, renewal term		5 years
Impairment loss on operating lease right-of-use asset				(3,513,999)
Payments for lease					$ 0
Interest expense			$ 84,777	$ 104,213
Palo Alto, California [Member] | Subsequent Event [Member]
Leases [Line Items]
Landlord awarded amount	$ 796,773

Commitments and Contingencies -

Commitments and Contingencies - Additional Information (Details) - Bayer Acquisition Agreement [Member]	3 Months Ended
	Mar. 31, 2024 USD ($) Milestones
Commitments and Contingencies (Details) [Line Items]
Milestones aggregate amount	$ 23,500,000
Expenses incurred	$ 0
Number of milestones achieved | Milestones	0

Debt - Additional Information (

Debt - Additional Information (Details) - USD ($)

1 Months Ended

2 Months Ended

3 Months Ended

12 Months Ended

Dec. 31, 2024

Oct. 31, 2023

Apr. 28, 2023

Apr. 05, 2023

Jan. 31, 2024

Dec. 31, 2023

Nov. 30, 2023

Apr. 30, 2023

Nov. 30, 2022

Aug. 31, 2021

May 31, 2021

Feb. 29, 2024

Mar. 31, 2024

Mar. 31, 2023

Dec. 31, 2023

Jan. 01, 2024

Dec. 18, 2023

Nov. 01, 2023

Nov. 01, 2022

Short-Term Debt [Line Items]

Interest rate

1%

1%

Loan, maturity date

Jul. 31, 2022

May 31, 2022

Loss on extinguishment of debt

$ 13,000

Repayment of debt

$ 150,000

Related party loan, Principal amount

$ 448,940

Portion of Accrued interest

$ 26,830

Interest expense

$ 323,140

$ 61,386

Exercise price of warrants

$ 6.46

Total premiums, taxes and fees financed

$ 631,993

$ 1,006,342

Annual interest rate

9.95%

7.20%

Insurance financing payable

$ 315,997

Par value of common shares issued (in Dollars per share)

$ 0.0001

$ 0.0001

$ 0.0001

Commission paid

$ 125,000

Expected volatility

79.30%

Risk-free rate

4.66%

Expected term (in years)

1 year

Derivative liability

$ 361,704

$ 688,255

$ 361,704

Warrant Subscription Agreements

Short-Term Debt [Line Items]

Warrant to purchase shares of common stock

209,670

Par value of common shares issued (in Dollars per share)

$ 0.6

April Two Thousand Twenty Three Convertible Note Warrants [Member]

Short-Term Debt [Line Items]

Exercise price (in Dollars per share)

$ 0.08

Expected volatility

74.90%

Risk-free rate

4.65%

Expected term (in years)

4 years 5 months 26 days

Private Placement Warrants [Member]

Short-Term Debt [Line Items]

Fair Value

$ 87,552

Exercise price (in Dollars per share)

$ 0.01

$ 0.65

Expected volatility

100%

14%

Risk-free rate

4.40%

4.59%

Expected term (in years)

3 years 7 months 2 days

4 years 7 months 2 days

April 2023 Conversion Feature Liability [Member]

Short-Term Debt [Line Items]

Fair Value

$ 0

Expected volatility

66.50%

Risk-free rate

4.94%

Expected term (in years)

6 months

Derivative liability

$ 560,436

December 2023 Conversion Feature Liability [Member]

Short-Term Debt [Line Items]

Fair Value

$ 107,143

Derivative liability

$ 688,256

Fair value of derivative liability, Description

At March 31, 2024, the fair value of the derivative liability related to the Automatic Conversion Feature was estimated at $688,256 by applying the probability of a business combination of 60% to the Automatic Discount of 43%.

Secured Founder Loan [Member]

Short-Term Debt [Line Items]

Loan, maturity date

Jan. 23, 2025

Debt Instrument, Interest Rate, Effective Percentage

15%

Interest expense

$ 20,959

$ 0

Secured Founder Loan [Member] | Senior Secured Promissory Note

Short-Term Debt [Line Items]

Proceeds from Senior Secured Note

$ 750,000

Insurance Financing Payable [Member]

Short-Term Debt [Line Items]

Interest expense

5,736

7,608

Loans Payable [Member]

Short-Term Debt [Line Items]

Proceeds from related party loan

$ 750,000

$ 750,000

Founder Loans [Member]

Short-Term Debt [Line Items]

Long-Term Debt

901,060

901,060

901,060

Interest expense

0

3,586

November 2022 Convertible Notes [Member]

Short-Term Debt [Line Items]

Interest rate

8%

Payment of Convertible Notes

300,000

Loan, maturity date

Oct. 31, 2023

Loss on extinguishment of debt

998,878

Portion of Accrued interest

28,622

28,622

Interest expense

$ 0

47,827

Convertible notes

$ 1,512,500

Gross proceeds percentage

15%

Weighted average price of common stock

90%

Embedded derivative fair value of derivative liability

165,000

Derivative liability fair value of collateral

$ 165,000

Amortization of debt discount premium

$ 47,827

47,827

Unsecured convertible promissory note

$ 378,622

378,622

378,622

Aggregate Principal Amount

350,000

350,000

November 2022 Convertible Notes [Member] | Scenario Forecast

Short-Term Debt [Line Items]

Interest rate

6%

Portion of Accrued interest

$ 378,622

November 2022 Convertible Notes [Member] | Maximum [Member]

Short-Term Debt [Line Items]

Convertible notes

1,512,500

November 2022 Convertible Notes [Member] | Minimum [Member]

Short-Term Debt [Line Items]

Convertible notes

$ 650,000

April 2023 Convertible Notes [Member]

Short-Term Debt [Line Items]

Interest rate

6%

Loan, maturity date

Oct. 28, 2023

Debt Instrument, Interest Rate During Period

10%

Portion of Accrued interest

88,663

Interest expense

44,376

0

Warrants outstanding

1,863,698

Exercise price of warrants

$ 0.6

Sale of price per share (in Dollars per share)

$ 0.6

Maturity term

5 years

Amortization of debt discount premium

0

0

Aggregate purchase amount of shares

$ 2,195,034

Aggregate Principal Amount

1,775,034

Percentage of the total number of shares of common stock received

1%

Debt instrument, exchange amount

$ 250,600

$ 187,950

$ 250,600

187,950

April 2023 Convertible Notes [Member] | Warrant Subscription Agreements

Short-Term Debt [Line Items]

Aggregate Principal Amount

$ 3,658,390

April 2023 Convertible Notes [Member] | April Two Thousand Twenty Three Convertible Note Warrants [Member]

Short-Term Debt [Line Items]

Fair Value

$ 1,527,640

1,527,640

April 2023 Convertible Notes [Member] | April 2023 Conversion Feature Liability [Member]

Short-Term Debt [Line Items]

Fair Value

$ 560,436

April 2023 Convertible Notes Under Related Party [Member]

Short-Term Debt [Line Items]

Loss on extinguishment of debt

$ 1,014,368

Portion of Accrued interest

54,026

Interest expense

28,269

0

Amortization of debt discount premium

0

$ 0

Unsecured convertible promissory note

1,184,801

Aggregate Principal Amount

1,130,775

April 2023 Convertible Notes Under Related Party [Member] | April Two Thousand Twenty Three Convertible Note Warrants [Member]

Short-Term Debt [Line Items]

Class of warrant or right issued

1,884,625

Fair Value

$ 786,967

April 2023 Convertible Notes Under Related Party [Member] | April 2023 Conversion Feature Liability [Member]

Short-Term Debt [Line Items]

Fair Value

288,710

$ 300,000

Exercise price (in Dollars per share)

$ 0.655

Expected volatility

66.50%

Risk-free rate

4.94%

Expected term (in years)

6 months

April 2023 Convertible Notes Under Related Party [Member] | Two Thousand Twenty One Founder Loan [Member]

Short-Term Debt [Line Items]

Related party loan, Principal amount

$ 448,940

Portion of Accrued interest

26,830

April 2023 Convertible Notes Under Related Party [Member] | March TwoThousand Twenty Three Founder Loan [Member]

Short-Term Debt [Line Items]

Related party loan, Principal amount

250,000

Portion of Accrued interest

1,199

April 2023 Convertible Notes Under Related Party [Member] | Founder and Director[ Member]

Short-Term Debt [Line Items]

Exchange Of Related Party Loans For Convertible Notes

$ 1,130,775

April 2023 Convertible Notes Under Related Party [Member] | Venn License Agreement [Member]

Short-Term Debt [Line Items]

Related party loan, Principal amount

400,000

Portion of Accrued interest

3,806

December 2023 Convertible Notes [Member]

Short-Term Debt [Line Items]

Loan, maturity date

Dec. 18, 2024

Conversion Rate

70%

Debt Instrument, Interest Rate, Effective Percentage

10%

10%

Portion of Accrued interest

55,183

Interest expense

186,775

Unsecured convertible promissory note

1,704,603

Aggregate Principal Amount

$ 1,000,000

738,000

Commission paid

$ 83,600

$ 63,840

Percentage of the total number of shares of common stock received

4%

Fair value of derivative liability, Description

The fair value of the derivative liability related to the Automatic Conversion Feature was estimated by applying the probability of a business combination of 50% to the Automatic Discount of 43%.

December 2023 Convertible Notes [Member] | Optional Conversion Feature [Member]

Short-Term Debt [Line Items]

Conversion Rate

90%

Derivative liability

0

December 2023 Convertible Notes [Member] | Automatic Conversion Feature [Member]

Short-Term Debt [Line Items]

Derivative liability

573,546

December 2023 Convertible Notes [Member] | December 2023 Placement Agent [Member]

Short-Term Debt [Line Items]

Amortization of debt discount premium

134,590

December 2023 Convertible Notes Under Related Party [Member]

Short-Term Debt [Line Items]

Portion of Accrued interest

14,247

Interest expense

37,025

Amortization of debt discount premium

24,559

Unsecured convertible promissory note

$ 420,862

December 2023 Convertible Notes Under Related Party [Member] | Founder and Director[ Member]

Short-Term Debt [Line Items]

Convertible notes

$ 500,000

Debt - Schedule of Assumptions

Debt - Schedule of Assumptions Used for Determining Initial Fair Value and Derivative Liability (Details)	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Expected volatility		79.30%
Risk-free rate		4.66%
Expected term (in years)		1 year
Dividend yield		0%
April 2023 Convertible Note Warrants and Placement Agent Warrants [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Expected volatility	72.80%
Risk-free rate	3.51%
Expected term (in years)	5 years
Dividend yield	0%
April 2023 Conversion Feature Liability [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Expected volatility	66.50%
Risk-free rate	4.94%
Expected term (in years)	6 months
Dividend yield	0%

Stockholders' Equity (Details)

Stockholders' Equity (Details)									1 Months Ended			3 Months Ended
	Nov. 01, 2023 USD ($) Warrants	Aug. 14, 2023 USD ($) $ / shares shares	Jul. 20, 2023 USD ($) $ / shares shares	Jun. 22, 2023 USD ($) $ / shares shares	Apr. 28, 2023 USD ($) $ / shares shares	Apr. 05, 2023 USD ($) shares	Nov. 30, 2022 $ / shares shares	Nov. 03, 2022 USD ($) $ / shares	Aug. 31, 2023	Mar. 31, 2023 USD ($) $ / shares shares	Nov. 30, 2022 $ / shares shares	Mar. 31, 2024 USD ($) $ / shares shares	Mar. 31, 2023 USD ($) $ / shares shares	Dec. 31, 2023 USD ($) shares
Stockholders' Equity (Details) [Line Items]
Common Stock Value, Purchase price												$ 2,312		$ 2,312
Common Stock Shares Forfeiture | shares						1,930,501
Loss on extinguishment of debt						$ 13,000
Common stock, shares issued | shares												23,124,888		23,124,888
Accelerated purchase price discount									20%
Accelerated Purchase Notice Limit									200%
Expected volatility													79.30%
Risk-free interest rate													4.66%
Expected term (in years)													1 year
Change in fair value of warrant liability												$ 0	$ (525,000)
Private Placement Warrants [Member]
Stockholders' Equity (Details) [Line Items]
Issuance of common stock, shares | shares											2,500,000
Share price (in Dollars per share) | $ / shares							$ 11.5				$ 11.5
Expected volatility												100%
Risk-free interest rate												4.40%
Expected term (in years)												3 years 7 months 2 days
Change in fair value of warrant liability												$ 0	0
Public Warrants [Member]
Stockholders' Equity (Details) [Line Items]
Issuance of common stock, shares | shares											2,875,000
Warrant redemption price per share | $ / shares												$ 0.01
Last sale price of Common Stock | $ / shares												$ 18
Share price (in Dollars per share) | $ / shares							$ 11.5				$ 11.5
April Two Thousand Twenty Three Convertible Note Warrants [Member]
Stockholders' Equity (Details) [Line Items]
Share price per units (in Dollars per share) | $ / shares					$ 0.6
Fair Value		$ 248,303	$ 269,004	$ 244,261
Capital contribution using black scholes option pricing model		$ 248,303,000,000	$ 269,004	$ 244,261
Stock price | $ / shares		$ 0.66	$ 0.84	$ 0.598
Class of warrant or right issued | shares					5,752,685
Expected volatility		76%	76.20%	72%
Risk-free interest rate		4.64%	4.43%	4.03%
Expected term (in years)		4 years 8 months 15 days	4 years 9 months 10 days	4 years 10 months 6 days
Convertible number of equity instruments | Warrants	4,044,352
Change in fair value of warrant liability	$ 65,469
Key Company Stockholder Forward Purchase Agreement [Member]
Stockholders' Equity (Details) [Line Items]
Letter agreement for conversion						$ 2,031,034
Subscription agreement to exchange					$ 1,130,775
Convertible note warrants					$ 1,884,625
White Lion Purchase Agreement [Member]
Stockholders' Equity (Details) [Line Items]
Share price per units (in Dollars per share) | $ / shares								$ 13.05
Fair Value										$ 1,000		$ 0	$ 1,000
Stock price | $ / shares										$ 0.65		$ 0.01	$ 0.65
Issuance of common stock, shares | shares							50,200			50,200
Weighted average price of common stock												98%
Aggregate price of purchase notice shares | shares												50,000,000
Shares Issued, Price Per Share | $ / shares							$ 4.98				$ 4.98
Change in fair value of derivative liability								$ 1,900,000
Additional commitment Value										$ 250,000
Common stock, shares issued | shares										412,763			412,763
Expected volatility								86.50%				86.10%	78%
Risk-free interest rate								4.53%				4.66%	3.84%
Discounted								45%
Aggregate gross purchase price								$ 100,000,000
Initial commitment shares | shares												500,000
Aggregate purchase amount of shares										$ 150,000
Additional commitment shares | shares												250,000
White Lion Purchase Agreement [Member] | Tranches A [Member]
Stockholders' Equity (Details) [Line Items]
Additional commitment shares | shares												250,000
White Lion Purchase Agreement [Member] | Tranches B [Member]
Stockholders' Equity (Details) [Line Items]
Additional commitment shares | shares												250,000
Founder And Director Warrants Subscription Agreement [Member] | April Two Thousand Twenty Three Convertible Note Warrants [Member]
Stockholders' Equity (Details) [Line Items]
Warrant to purchase shares of common stock | shares		583,333	458,333	666,667
Common Stock Value, Purchase price		$ 350,000	$ 275,000	$ 400,000
Maximum [Member] | White Lion Purchase Agreement [Member]
Stockholders' Equity (Details) [Line Items]
Purchase price percentage												150%
Weighted average price of common stock										90%		97%
Maximum [Member] | White Lion Purchase Agreement [Member] | Tranches A [Member]
Stockholders' Equity (Details) [Line Items]
Aggregate purchase amount of shares												$ 5,000,000
Maximum [Member] | White Lion Purchase Agreement [Member] | Tranches B [Member]
Stockholders' Equity (Details) [Line Items]
Aggregate purchase amount of shares												$ 10,000,000
Minimum [Member] | White Lion Purchase Agreement [Member]
Stockholders' Equity (Details) [Line Items]
Purchase price percentage										200%		40%
Weighted average price of common stock												94.50%
Percentage of daily volume-weighted average price of common stock										85%
Aggregate purchase amount of shares										$ 1,250,000
Minimum [Member] | White Lion Purchase Agreement [Member] | Tranches A [Member]
Stockholders' Equity (Details) [Line Items]
Aggregate purchase amount of shares												$ 1,000,000
Minimum [Member] | White Lion Purchase Agreement [Member] | Tranches B [Member]
Stockholders' Equity (Details) [Line Items]
Aggregate purchase amount of shares												$ 2,000,000

Stockholders' Equity - Schedule

Stockholders' Equity - Schedule of Weighted Average Assumptions Used in Determining Fair Value of Stock Options (Details)	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Class of Warrant or Right [Line Items]
Expected volatility		79.30%
Risk-free interest rate		4.66%
Expected term (in years)		1 year
Expected dividend yield		0%
Private Placement Warrants [Member]
Class of Warrant or Right [Line Items]
Expected volatility	100%
Risk-free interest rate	4.40%
Expected term (in years)	3 years 7 months 2 days
Expected dividend yield	0%

Stockholders' Equity - Summary

Stockholders' Equity - Summary of Company's Outstanding Warrants (Details)	Mar. 31, 2024 $ / shares shares
Warrant [Member]
Class of Warrant or Right [Line Items]
Number of Warrants	9,419,352
Private Placement Warrants [Member]
Class of Warrant or Right [Line Items]
Number of Warrants	2,500,000
Exercise price per share | $ / shares	$ 11.5
Expiration Date	Nov. 01, 2027
Public Warrants [Member]
Class of Warrant or Right [Line Items]
Number of Warrants	2,875,000
Exercise price per share | $ / shares	$ 11.5
Expiration Date	Nov. 01, 2027
April Two Thousand Twenty Three Convertible Note Warrants [Member]
Class of Warrant or Right [Line Items]
Number of Warrants	3,868,060
Exercise price per share | $ / shares	$ 0.6
Expiration Date	Apr. 28, 2028
April Two Thousand Twenty Three Convertible Note Warrants Related Party [Member]
Class of Warrant or Right [Line Items]
Number of Warrants	176,292
Exercise price per share | $ / shares	$ 0.6
Expiration Date	Apr. 28, 2028

Fair Value of Financial Instr_3

Fair Value of Financial Instruments - Summary of Financial Instruments Measured at Fair Value on a Recurring Basis (Details)	3 Months Ended
	Mar. 31, 2024 USD ($)
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Balance at December 31, 2023	$ 361,704
Balance at March 31, 2024	688,255
Fair Value, Inputs, Level 3 [Member]
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Balance at December 31, 2023	361,704
Balance at March 31, 2024	688,255
Fair Value, Inputs, Level 2 [Member]
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Balance at December 31, 2023	0
Balance at March 31, 2024	0
Fair Value, Inputs, Level 1 [Member]
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Balance at December 31, 2023	0
Balance at March 31, 2024	0
Derivative Liability [Member]
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Balance at December 31, 2023	361,704
Balance at March 31, 2024	688,255
Derivative Liability [Member] | Fair Value, Inputs, Level 3 [Member]
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Balance at December 31, 2023	361,704
Balance at March 31, 2024	688,255
Derivative Liability [Member] | Fair Value, Inputs, Level 2 [Member]
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Balance at December 31, 2023	0
Balance at March 31, 2024	0
Derivative Liability [Member] | Fair Value, Inputs, Level 1 [Member]
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Balance at December 31, 2023	0
Balance at March 31, 2024	0
Warrant Liability [Member]
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Balance at December 31, 2023	1
Balance at March 31, 2024	1
Warrant Liability [Member] | Fair Value, Inputs, Level 3 [Member]
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Balance at December 31, 2023	1
Balance at March 31, 2024	1
Warrant Liability [Member] | Fair Value, Inputs, Level 2 [Member]
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Balance at December 31, 2023	0
Balance at March 31, 2024	0
Warrant Liability [Member] | Fair Value, Inputs, Level 1 [Member]
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Balance at December 31, 2023	0
Balance at March 31, 2024	$ 0

Fair Value of Financial Instr_4

Fair Value of Financial Instruments - Summary of Changes In Level 3 Liabilities (Assets) Measured At Fair Value On Recurring Basis (Details) - USD ($)	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Balance at December 31, 2023	$ 361,704
Balance at March 31, 2024	688,255
Level 3 [Member]
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Balance at December 31, 2023	361,704
Balance at March 31, 2024	688,255
Level 3 [Member] | White Lion Derivative Liability [Member]
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Balance at December 31, 2023	0	$ 1,000
Issuance of convertible notes	0
Change in fair value	0	(1,000)
Balance at March 31, 2024	0	0
Level 3 [Member] | Key Company Stockholder Forward Liability (Asset) [Member]
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Balance at December 31, 2023	0	(13,000)
Issuance of convertible notes	0
Change in fair value	0	13,000
Balance at March 31, 2024	0	0
Level 3 [Member] | Private Placement Warrants Liability [Member]
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Balance at December 31, 2023	0	525,000
Issuance of convertible notes	0
Change in fair value	0	(525,000)
Balance at March 31, 2024	0	0
Level 3 [Member] | November 2022 Convertible Note Liability [Member]
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Balance at December 31, 2023	0	165,000
Issuance of convertible notes	0
Change in fair value	0	0
Balance at March 31, 2024	0	165,000
Level 3 [Member] | April 2023 Conversion Feature Liability [Member]
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Balance at December 31, 2023	0	0
Change in fair value	0	0
Balance at March 31, 2024	0	0
Level 3 [Member] | April 2023 Convertible Notes Warrants Liability [Member]
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Balance at December 31, 2023	0	0
Change in fair value	0	0
Balance at March 31, 2024	0	0
Level 3 [Member] | December 2023 Conversion Feature Liability [Member]
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Balance at December 31, 2023	361,704	0
Issuance of convertible notes	211,842
Change in fair value	114,709	0
Balance at March 31, 2024	$ 688,255	$ 0

Fair Value of Financial Instr_5

Fair Value of Financial Instruments - Additional Information (Details) - USD ($)		3 Months Ended
	Nov. 03, 2022	Mar. 31, 2024	Mar. 31, 2023	Jan. 01, 2024	Dec. 31, 2023	Dec. 18, 2023
Short-Term Debt [Line Items]
Change in fair value of warrant liability		$ 0	$ (525,000)
Expected volatility			79.30%
Risk-free interest rate			4.66%
Derivative liability		688,255			$ 361,704
Private Placement Warrants [Member]
Short-Term Debt [Line Items]
Change in fair value of warrant liability		$ 0	$ 0
Expected volatility		100%
Risk-free interest rate		4.40%
White Lion Purchase Agreement [Member]
Short-Term Debt [Line Items]
Fair Value		$ 0	$ 1,000
Percentage of Discount Rate		2.50%	5%
Stock price		$ 0.01	$ 0.65
Expected volatility	86.50%	86.10%	78%
Risk-free interest rate	4.53%	4.66%	3.84%
December 2023 Conversion Feature Liability [Member]
Short-Term Debt [Line Items]
Fair Value						$ 107,143
Fair value of derivative liability, Description		At March 31, 2024, the fair value of the derivative liability related to the Automatic Conversion Feature was estimated at $688,256 by applying the probability of a business combination of 60% to the Automatic Discount of 43%.
Derivative liability		$ 688,256
April 2023 Conversion Feature Liability [Member]
Short-Term Debt [Line Items]
Fair Value				$ 0
Expected volatility		66.50%
Risk-free interest rate		4.94%
Derivative liability		$ 560,436

Fair Value of Financial Instr_6

Fair Value of Financial Instruments - Schedule of Weighted Average Assumptions Used in Determining the Fair Value (Details) - $ / shares		3 Months Ended
	Nov. 03, 2022	Mar. 31, 2024	Mar. 31, 2023
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Expected volatility			79.30%
Risk-free interest rate			4.66%
Expected term (in years)			1 year
Expected dividend yield			0%
April Two Thousand Twenty Three Convertible Note Warrants [Member]
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Stock price		$ 0.08
Expected volatility		74.90%
Risk-free interest rate		4.65%
Expected term (in years)		4 years 5 months 26 days
Expected dividend yield		0%
Private Placement Warrants [Member]
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Stock price		$ 0.01	$ 0.65
Expected volatility		100%	14%
Risk-free interest rate		4.40%	4.59%
Expected term (in years)		3 years 7 months 2 days	4 years 7 months 2 days
Expected dividend yield		0%	0%
White Lion Purchase Agreement [Member]
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Stock price		$ 0.01	$ 0.65
Expected volatility	86.50%	86.10%	78%
Risk-free interest rate	4.53%	4.66%	3.84%
Discount related to the probability of timely filing all SEC documents and meeting the NASDAQ listing requirements		2.50%	5%
Expected dividend yield		0%	0%

Grant Revenue - Additional Info

Grant Revenue - Additional Information (Details) - Grant [Member] - US Army Medica Research Acquisition Activity [Member] - USD ($)	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Disaggregation of Revenue [Line Items]
Grant revenue	$ 0	$ 13,854
Available remaining fund	2,500,000
COVID 19 Therapeutic [Member]
Disaggregation of Revenue [Line Items]
Grant revenue	$ 4,000,000

Income Taxes - Additional Infor

Income Taxes - Additional Information (Details) - USD ($)	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Operating Loss Carryforwards [Line Items]
Income tax benefit (expense)	$ 0	$ 0

Subsequent Events - Additional

Subsequent Events - Additional Information (Details) - USD ($)		1 Months Ended
	Apr. 28, 2023	Jul. 31, 2024	May 31, 2024	Apr. 30, 2023	Aug. 31, 2021	May 31, 2021	Aug. 14, 2024	Mar. 31, 2024	Dec. 31, 2023
Subsequent Event [Line Items]
Commission paid				$ 125,000
Par value of common shares issued (in Dollars per share)								$ 0.0001	$ 0.0001
Common Stock, Value, Issued								$ 2,312	$ 2,312
Principal Amount	$ 448,940
Maturity date					Jul. 31, 2022	May 31, 2022
May 2024 Convertible Notes [Member] | May 2024 Placement Agent [Member]
Subsequent Event [Line Items]
Commission paid			$ 200,000
Warrant Subscription Agreements
Subsequent Event [Line Items]
Par value of common shares issued (in Dollars per share)	$ 0.6
Warrant to purchase shares of common stock				209,670
Subsequent Event [Member]
Subsequent Event [Line Items]
Recovery of unpaid wages							$ 32,800
Subsequent Event [Member] | May 2024 Convertible Notes [Member]
Subsequent Event [Line Items]
Aggregate Principal Amount		$ 2,175,000	$ 1,324,500
Debt Instrument, Interest Rate, Effective Percentage			10%
Maturity date			Dec. 18, 2024
Conversion Rate			50%
Subsequent Event [Member] | May 2024 Convertible Notes [Member] | May 2024 Placement Agent [Member]
Subsequent Event [Line Items]
Principal Amount			$ 2,500,000
Percentage of the total number of shares of common stock received			4%