Private Placements of Common Stock and Warrants - Liability Classified Warrants (Details) - USD ($) |
12 Months Ended | ||||
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Jul. 19, 2024 |
May 31, 2024 |
May 31, 2025 |
May 03, 2024 |
Oct. 23, 2023 |
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Derivative Liability [Abstract] | |||||
Purchase price per unit | $ 0.1 | $ 0.16 | |||
Derivative liability (beginning balance) | $ 79,000 | ||||
Classified as liability | 6,970,000 | $ 0 | |||
Reclassified as equity | (7,285,000) | ||||
Loss on derivative due to change in fair market value | $ 1,700,000 | $ 236,000 |
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- Definition Represents information pertaining to purchase price per unit issued by the company. No definition available.
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- Definition Warrant becoming liability. No definition available.
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- Definition Warrants becoming equity classified and reclassification of liability to equity. No definition available.
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- References No definition available.
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- Definition Fair value, after the effects of master netting arrangements, of a financial liability or contract with one or more underlyings, notional amount or payment provision or both, and the contract can be net settled by means outside the contract or delivery of an asset, expected to be settled within one year or normal operating cycle, if longer. Includes assets not subject to a master netting arrangement and not elected to be offset. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of expense (income) related to adjustment to fair value of warrant liability. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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