Summary of Significant Accounting Policies (Details) - Schedule of Level 3 liabilities that are required to be valued at fair value - Government Grant Liability [Member] - USD ($) |
2 Months Ended | 3 Months Ended | |
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Mar. 31, 2023 |
Sep. 30, 2023 |
Jun. 30, 2023 |
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Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] | |||
Balance | $ 1,783,403 | $ 2,011,568 | $ 1,812,904 |
Balance | 1,812,904 | 2,484,260 | 2,011,568 |
Government grant proceeds received, adjusted to fair value | 128,803 | ||
Government grant liability assumed from Iron Drone asset purchase | 48,795 | 307,122 | |
Net (Gain)/Loss on change in fair value of liability | 36,077 | $ 295,094 | $ (108,458) |
Repayment on liability | $ (6,576) |
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- Definition Amount of unrealized gain (loss) on investment in debt security measured at fair value with change in fair value recognized in net income (trading). Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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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. No definition available.
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- Definition Amount of increase (decrease) of financial instrument classified as an asset measured using unobservable inputs that reflect the entity's own assumption about the assumptions market participants would use in pricing. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Fair value of asset after deduction of liability. No definition available.
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- Definition Amount of increase in asset representing future economic benefits arising from other assets acquired in a business combination that are not individually identified and separately recognized resulting from a business combination. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition The cash outflow for a long-term debt where the holder has highest claim on the entity's asset in case of bankruptcy or liquidation during the period. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Details
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