Intangible Assets (Details) - USD ($) |
1 Months Ended | 12 Months Ended | |||
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Aug. 31, 2022 |
Mar. 20, 2022 |
Dec. 31, 2023 |
Dec. 31, 2022 |
Apr. 05, 2022 |
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Intangible Assets [Line Items] | |||||
Amortization expense | $ 4,147,092 | $ 3,570,090 | |||
Recognized losses | 12,223 | 12,343 | |||
Cash | $ 900,000 | ||||
Common stock shares (in Shares) | 780,000 | ||||
Transaction amount | $ 6,843,600 | ||||
Purchase consideration | $ 250,000 | ||||
Cash payable in monthly instalments | 75,520 | ||||
Research and development amounts | 18,506 | ||||
Intangibles for developed technology | $ 307,014 | ||||
Accrued expenses and other current liabilities | $ 3,587,877 | 3,268,993 | |||
Asset purchase agreement, description | The consideration for the Iron Drone Transaction was (i) $135,000 in cash, (ii) 46,129 shares of the Company’s Common Stock, (iii) warrants exercisable for 26,553 shares of the Company’s Common Stock with an exercise price of $11.95, which shall be exercisable if, during the 48 month period following the closing, the average price per share of the Company’s Common Stock exceeds $52.38 for a period of at least 90 consecutive trading days, (iv) a right to acquire 35,377 shares of the Company’s Common Stock if during the 48 month period after the closing, the average price per share of the Company’s Common Stock exceeds $18.25 for a period of at least 90 consecutive trading days, and (v) a right to acquire 70,753 shares of the Company’s Common Stock if during the 48 month period after the closing, the average price per share of Company’s Common Stock exceeds $20.27 for a period of at least 90 consecutive trading days. On March 6, 2023, the Company completed the Iron Drone Transaction. The Company acquired intangibles for developed technology for $576,717. | ||||
Common Stock [Member] | |||||
Intangible Assets [Line Items] | |||||
Share issued (in Shares) | 16,000 | ||||
North Dakota Limited [Member] | |||||
Intangible Assets [Line Items] | |||||
Cash paid | 104,167 | ||||
Accrued expenses and other current liabilities | $ 145,333 |
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- Definition Asset purchase agreement, description. No definition available.
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- Definition Represents the amount of loss on intellectual property. No definition available.
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- Definition Transaction amount. No definition available.
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- Definition Amount of liabilities incurred to vendors for goods and services received, and accrued liabilities classified as other, payable within one year or the normal operating cycle, if longer. No definition available.
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- Definition The aggregate expense charged against earnings to allocate the cost of intangible assets (nonphysical assets not used in production) in a systematic and rational manner to the periods expected to benefit from such assets. As a noncash expense, this element is added back to net income when calculating cash provided by or used in operations using the indirect method. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Purchase price of expected business acquisition prior to consideration being transferred. Excludes asset acquisition. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Excludes cash and cash equivalents within disposal group and discontinued operation. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Number of shares of common stock issued as dividends during the period. Excludes stock splits. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of paid and unpaid common stock dividends declared with the form of settlement in cash. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount after accumulated amortization of finite-lived and indefinite-lived intangible assets classified as other. No definition available.
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- Definition The cash outflow associated with the acquisition of a business, net of the cash acquired from the purchase. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Research and development expense during the period related to the costs of developing and achieving technological feasibility of a computer software product to be sold, leased, or otherwise marketed. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Number of shares of stock issued as of the balance sheet date, including shares that had been issued and were previously outstanding but which are now held in the treasury. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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