Intangible Assets (Details) - USD ($) |
1 Months Ended | 3 Months Ended | 12 Months Ended | ||||
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Oct. 19, 2022 |
Aug. 31, 2022 |
Mar. 20, 2022 |
Mar. 31, 2023 |
Mar. 31, 2022 |
Dec. 31, 2022 |
Apr. 05, 2022 |
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Intangible Assets (Details) [Line Items] | |||||||
Amortization expense | $ 978,838 | $ 855,326 | |||||
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 | ||||||
Cash paid | 41,667 | $ 104,167 | |||||
Accrued expenses and other current liabilities payable | 103,666 | ||||||
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 commons 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 $220,800 | ||||||
Accrued expenses and other current liabilities payable | 222,234 | $ 1,246,847 | |||||
Common Stock [Member] | |||||||
Intangible Assets (Details) [Line Items] | |||||||
Shares issued (in Shares) | 16,000 | ||||||
Assets Purchase Agreement [Member] | |||||||
Intangible Assets (Details) [Line Items] | |||||||
Cash paid | 28,564 | ||||||
Accrued expenses and other current liabilities payable | $ 106,436 |
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- Definition Asset purchase agreement, description. No definition available.
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- Definition Transaction amount. No definition available.
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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 The cash inflow associated with the acquisition of business during the period (for example, cash that was held by the acquired business). Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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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 Amount of liabilities incurred and payable to vendors for goods and services received classified as other, and expenses incurred but not yet paid, payable within one year or the operating cycle, if longer. No definition available.
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- Definition Amount of expense charged against earnings to allocate the cost of tangible and intangible assets over their remaining economic lives, classified as other. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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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 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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