Equity (Details Narrative) - USD ($)
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12 Months Ended |
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Dec. 31, 2025 |
Dec. 19, 2025 |
Oct. 24, 2025 |
Jul. 24, 2025 |
Jul. 21, 2025 |
Jul. 14, 2025 |
Jun. 23, 2025 |
Feb. 12, 2025 |
Jan. 24, 2025 |
Mar. 13, 2024 |
Jan. 12, 2024 |
Dec. 31, 2025 |
Dec. 31, 2024 |
Sep. 25, 2025 |
Sep. 04, 2025 |
Jun. 22, 2025 |
Feb. 11, 2025 |
Jan. 23, 2025 |
Nov. 25, 2024 |
Mar. 12, 2024 |
Jan. 11, 2024 |
| Class of Stock [Line Items] |
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| Common stock, shares authorized |
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730,000,000
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730,000,000
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730,000,000
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| Common stock, par value |
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$ 0.0001
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$ 0.0001
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$ 0.0001
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| Common stock shares outstanding |
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28,837,787
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28,837,787
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22,546,671
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| Common stock shares issued |
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28,837,787
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28,837,787
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22,546,671
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| Common stock, voting rights |
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common stock are entitled to one vote per share
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| Preferred stock, shares authorized |
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10,000,000
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10,000,000
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10,000,000
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| Preferred stock, shares issued |
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1,732,084
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1,732,084
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0
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| Preferred stock, shares outstanding |
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1,732,084
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1,732,084
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0
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| Preferred stock, limitations on conversion |
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| Redemption of preferred stock |
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$ 300,000
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| Shares issued |
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2,460,000
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| Exercise price |
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$ 8.10
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$ 2.85
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| Change in fair value of warrant liabilities |
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$ 3,318,000
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$ (398,000)
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| Dividend yield |
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0.00%
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0.00%
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| Expected term |
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5 years 3 months 18 days
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5 years 8 months 12 days
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| Expected volatility |
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98.10%
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104.90%
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| Risk-free interest rate |
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3.90%
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4.40%
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| Preferred stock stated value |
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| Other expense |
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461
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| Warrant term |
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5 years
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| Daily interest accruing rate |
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18.00%
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| Damages sought, value |
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0
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418,000
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| Net loss available to common stockholders |
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$ 64,000
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| Number of warrant shares |
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25,774,577
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25,774,577
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| Floor price |
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$ 1.00
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| Issuance of RWI warrants and extinguishment of promise to issue warrants liability |
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$ 1,340,000
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| Loss on fair value of warrants |
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36,000
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| Payments of stock issuance costs |
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210,000
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| Convertible Promissory Notes [Member] |
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| Preferred stock, limitations on conversion |
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| Stock price |
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$ 2.08
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| C.V. Starr Co Inc [Member] |
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| Preferred stock, limitations on conversion |
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| Exercise price |
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$ 2.84
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$ 5.90
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| Number of warrants repriced |
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50,000
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50,000
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| Floor price |
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$ 1.50
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$ 1.50
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| October 2025 Financing [Member] |
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| Preferred stock, limitations on conversion |
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| Exercise price |
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$ 3.00
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| Change in fair value of warrant liabilities |
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$ 391,000
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360,000
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| Preferred stock stated value |
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$ 2,222,000
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2,222,000
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| Fair value of warrant |
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222,000
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| Associated embedded derivative |
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157,000
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| Legal fees |
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210,000
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| October 2025 Financing [Member] | Measurement Input, Expected Dividend Rate [Member] |
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| Preferred stock, limitations on conversion |
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| Dividend yield |
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0.00%
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| October 2025 Financing [Member] | Measurement Input, Expected Term [Member] |
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| Preferred stock, limitations on conversion |
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| Expected term |
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5 years
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| October 2025 Financing [Member] | Measurement Input, Price Volatility [Member] |
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| Preferred stock, limitations on conversion |
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| Expected volatility |
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99.17%
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| October 2025 Financing [Member] | Measurement Input, Risk Free Interest Rate [Member] |
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| Preferred stock, limitations on conversion |
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| Risk-free interest rate |
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3.61%
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| January 2024 PIPE Warrants [Member] |
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| Preferred stock, limitations on conversion |
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| Exercise price |
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$ 67.70
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| Proceeds from private placements |
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$ 909,000
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| Number of warrants repriced |
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652,981
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| Fair value of warrant modification |
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$ 524,000
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| January 2024 PIPE Warrants [Member] | Private Placement [Member] |
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| Preferred stock, limitations on conversion |
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| Purchase price of per share |
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$ 1.25
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| Proceeds from sale of private placement |
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$ 6,000,000
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| 2024 Warrant Repricing [Member] |
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| Preferred stock, limitations on conversion |
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| Exercise price |
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$ 2.07
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$ 2.4898
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$ 2.49
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$ 67.70
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| Number of warrants repriced |
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652,981
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| Warrant expiration date |
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Mar. 16, 2025
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| June 2025 PIPE [Member] |
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| Preferred stock, limitations on conversion |
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| Exercise price |
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$ 2.50
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| Number of warrant shares |
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1,311,092
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| Warrant expiration date |
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Jun. 30, 2030
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| RWI Bridge Warrants [Member] |
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| Preferred stock, limitations on conversion |
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| Number of warrant shares |
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500,000
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| Issuance of RWI warrants and extinguishment of promise to issue warrants liability |
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$ 1,340
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$ 710
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630
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| Issue of warrants liability |
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$ 710
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| Stock price |
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$ 3.16
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$ 1.88
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| October Two Thousand Twenty Five Warrant [Member] |
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| Preferred stock, limitations on conversion |
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| Proceeds from warrant exercises |
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$ 2,000,000
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| October 2025 One Warrant [Member] |
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| Preferred stock, limitations on conversion |
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| Proceeds from warrant exercises |
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$ 210,000
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| October 2025 [Member] |
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| Preferred stock, limitations on conversion |
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| Exercise price |
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$ 2.50
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| Other expense |
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|
$ 49,000
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| Securities Purchase Agreement [Member] |
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| Preferred stock, limitations on conversion |
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| Exercise price |
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$ 2.50
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$ 10.00
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|
|
| Warrants and rights outstanding, expire date |
|
|
|
|
|
|
|
Jun. 30, 2030
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Number of warrants repriced |
|
|
|
|
|
|
|
1,299,465
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Securities Purchase Agreement [Member] | Private Placement [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Preferred stock, limitations on conversion |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Warrant term |
|
|
|
|
|
|
2 years
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Number of share issue |
|
|
|
|
|
|
1,230,769
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| December 2025 Second Tranche Warrants [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Preferred stock, limitations on conversion |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Transaction costs |
|
|
$ 500,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Minimum [Member] | Convertible Promissory Notes [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Preferred stock, limitations on conversion |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Stock price |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$ 2.04
|
$ 2.04
|
|
|
|
|
|
|
| Minimum [Member] | C.V. Starr Co Inc [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Preferred stock, limitations on conversion |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Exercise price |
|
|
|
|
|
|
|
|
1.69
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Minimum [Member] | RWI Bridge Warrants [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Preferred stock, limitations on conversion |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Exercise price |
[1] |
|
|
|
|
|
|
|
$ 2.49
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Warrant term |
|
|
|
|
2 years 10 months 24 days
|
|
|
|
3 years 4 months 24 days
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Minimum [Member] | Investor Rights Agreement [Member] | Dragasac Limited [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Preferred stock, limitations on conversion |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Percentage of partial liquidating damages |
|
|
|
|
|
|
|
|
|
|
|
1.00%
|
|
|
|
|
|
|
|
|
|
|
| Maximum [Member] | Convertible Promissory Notes [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Preferred stock, limitations on conversion |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Stock price |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$ 2.36
|
$ 2.36
|
|
|
|
|
|
|
| Maximum [Member] | C.V. Starr Co Inc [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Preferred stock, limitations on conversion |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Exercise price |
|
|
|
|
|
|
|
|
$ 5.90
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Maximum [Member] | RWI Bridge Warrants [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Preferred stock, limitations on conversion |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Exercise price |
[1] |
|
|
|
$ 2.84
|
|
|
|
$ 8.10
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Warrant term |
|
|
|
|
5 years
|
|
|
|
4 years 4 months 24 days
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Maximum [Member] | Investor Rights Agreement [Member] | Dragasac Limited [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Preferred stock, limitations on conversion |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Percentage of partial liquidating damages |
|
|
|
|
|
|
|
|
|
|
|
6.00%
|
|
|
|
|
|
|
|
|
|
|
| Maximum [Member] | December 2025 First Tranche Warrants [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Preferred stock, limitations on conversion |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Warrants to purchase aggregate shares |
|
|
2,448,917
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Maximum [Member] | December 2025 Second Tranche Warrants [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Preferred stock, limitations on conversion |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Warrants to purchase aggregate shares |
|
|
1,258,740
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Common Stock [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Preferred stock, limitations on conversion |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Redemption of preferred stock |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Shares issued |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Purchase and sale of shares |
|
|
|
|
|
|
|
|
|
|
|
|
|
2,141,098
|
|
|
|
|
|
|
|
|
| Number of share issue |
|
|
|
|
|
|
|
|
|
|
|
|
12,395
|
|
|
|
|
|
|
|
|
|
| Common Stock [Member] | October Two Thousand Twenty Five Warrant [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Preferred stock, limitations on conversion |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Shares issued |
|
|
|
267,308
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Common Stock [Member] | RWI Forbearance Agreement [Member] | Warrant [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Preferred stock, limitations on conversion |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Exercise price |
|
|
|
|
|
|
|
|
|
|
$ 5.90
|
|
|
|
|
|
|
|
|
|
|
|
| Warrants and rights outstanding, expire date |
|
|
|
|
|
|
|
|
|
|
Jun. 20, 2028
|
|
|
|
|
|
|
|
|
|
|
|
| Common Stock [Member] | Starr Forbearance Agreement [Member] | March 2023 Loan Warrants [Member] | Warrant [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Preferred stock, limitations on conversion |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Exercise price |
|
|
|
|
|
|
|
|
|
|
$ 5.90
|
|
|
|
|
|
|
|
|
|
$ 7.10
|
|
| Number of warrant shares |
|
|
|
|
|
|
|
|
|
|
75,000
|
|
|
|
|
|
|
|
|
|
|
|
| Warrant expiration date |
|
|
|
|
|
|
|
|
|
|
Mar. 17, 2028
|
|
|
|
|
|
|
|
|
|
|
|
| Common Stock [Member] | Starr Forbearance Agreement [Member] | June 2023 Loan Warrants [Member] | Warrant [Member] | C.V. Starr Co Inc [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Preferred stock, limitations on conversion |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Exercise price |
|
|
|
|
|
|
|
|
|
|
$ 5.90
|
|
|
|
|
|
|
|
|
|
$ 8.10
|
|
| Number of warrant shares |
|
|
|
|
|
|
|
|
|
|
50,000
|
|
|
|
|
|
|
|
|
|
|
|
| Warrant expiration date |
|
|
|
|
|
|
|
|
|
|
Jun. 20, 2028
|
|
|
|
|
|
|
|
|
|
|
|
| Common Stock [Member] | Maximum [Member] | RWI Forbearance Agreement [Member] | Warrant [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Preferred stock, limitations on conversion |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Number of warrants repriced |
|
|
|
|
|
|
|
|
|
|
300,000
|
|
|
|
|
|
|
|
|
|
|
|
| Warrant [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Preferred stock, limitations on conversion |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Exercise price |
|
$ 2.00
|
|
|
|
|
|
|
|
|
|
|
$ 2.00
|
|
|
|
|
|
|
|
|
|
| Change in fair value of warrant liabilities |
|
|
|
|
|
|
|
|
|
|
|
|
$ 2,158,000
|
|
|
|
|
|
|
|
|
|
| Warrants and rights outstanding, expire date |
|
Dec. 19, 2030
|
|
|
|
|
|
|
|
|
|
|
Dec. 19, 2030
|
|
|
|
|
|
|
|
|
|
| Warrant [Member] | Resorts World Inc Pte Ltd [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Preferred stock, limitations on conversion |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Warrants to purchase aggregate shares |
|
|
|
|
|
|
|
|
500,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Debt Instrument, Maturity Date |
|
|
|
|
|
|
|
|
Feb. 15, 2026
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Warrant [Member] | October 2025 [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Preferred stock, limitations on conversion |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Shares issued |
|
|
|
$ 50,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| 2024 Warrants [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Preferred stock, limitations on conversion |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Proceeds from warrant exercises |
|
|
|
|
|
|
|
|
|
$ 2,460,000
|
|
|
|
|
|
|
|
|
|
|
|
|
| Purchase and sale of shares |
|
|
|
|
|
|
|
|
|
535,274
|
|
|
|
|
|
|
|
|
|
|
|
|
| 2024 Warrants [Member] | Minimum [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Preferred stock, limitations on conversion |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Purchase price of per share |
|
|
|
|
|
|
|
|
|
$ 2.07
|
|
|
|
|
|
|
|
|
|
|
|
|
| 2024 Warrants [Member] | Maximum [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Preferred stock, limitations on conversion |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Purchase price of per share |
|
|
|
|
|
|
|
|
|
$ 2.49
|
|
|
|
|
|
|
|
|
|
|
|
|
| Warrants [Member] | Resorts World Inc Pte Ltd [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Preferred stock, limitations on conversion |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Floor price |
|
|
|
|
$ 1.50
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| March 2023 Loan Warrants [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Preferred stock, limitations on conversion |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Exercise price |
[2] |
$ 1.69
|
|
|
|
|
|
|
|
|
|
|
$ 1.69
|
|
|
|
|
|
|
|
|
|
| Warrants and rights outstanding, expire date |
[2] |
Mar. 17, 2028
|
|
|
|
|
|
|
|
|
|
|
Mar. 17, 2028
|
|
|
|
|
|
|
|
|
|
| Number of warrant shares |
[2] |
75,000
|
|
|
|
|
|
|
|
|
|
|
75,000
|
|
|
|
|
|
|
|
|
|
| March 2023 Loan Warrants [Member] | C.V. Starr Co Inc [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Preferred stock, limitations on conversion |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Exercise price |
|
|
|
|
|
|
|
|
$ 1.69
|
|
|
|
|
|
|
|
|
$ 5.90
|
|
|
|
|
| Warrants and rights outstanding, expire date |
|
|
|
|
|
|
|
|
Mar. 17, 2028
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Number of warrant shares |
|
|
|
|
|
|
|
|
75,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| June 2023 Warrants [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Preferred stock, limitations on conversion |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Exercise price |
[2] |
$ 1.69
|
|
|
|
|
|
|
|
|
|
|
$ 1.69
|
|
|
|
|
|
|
|
|
|
| Warrants and rights outstanding, expire date |
[2] |
Jun. 20, 2028
|
|
|
|
|
|
|
|
|
|
|
Jun. 20, 2028
|
|
|
|
|
|
|
|
|
|
| Number of warrant shares |
[2] |
50,000
|
|
|
|
|
|
|
|
|
|
|
50,000
|
|
|
|
|
|
|
|
|
|
| June 2023 Warrants [Member] | C.V. Starr Co Inc [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Preferred stock, limitations on conversion |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Exercise price |
|
|
|
|
|
|
|
|
$ 1.69
|
|
|
|
|
|
|
|
|
$ 5.90
|
|
|
|
|
| Warrants and rights outstanding, expire date |
|
|
|
|
|
|
|
|
Jun. 20, 2028
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Number of warrant shares |
|
|
|
|
|
|
|
|
50,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| July 2025 PIPE Warrants [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Preferred stock, limitations on conversion |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Exercise price |
|
$ 1.50
|
|
|
|
|
|
|
|
|
|
|
$ 1.50
|
|
|
|
|
|
|
|
|
|
| Expected term |
|
5 years
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Warrants and rights outstanding, expire date |
|
Jul. 14, 2030
|
|
|
|
|
|
|
|
|
|
|
Jul. 14, 2030
|
|
|
|
|
|
|
|
|
|
| Number of warrant shares |
|
1,230,769
|
|
|
|
|
|
|
|
|
|
|
1,230,769
|
|
|
|
|
|
|
|
|
|
| July 2025 PIPE Warrants [Member] | Securities Purchase Agreement [Member] | Private Placement [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Preferred stock, limitations on conversion |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Exercise price |
|
|
|
|
|
|
$ 1.50
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Change in fair value of warrant liabilities |
|
|
|
|
|
|
$ 2,265,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Expected term |
|
|
|
|
|
|
5 years
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Expected volatility |
|
|
|
|
|
|
98.88%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Risk-free interest rate |
|
|
|
|
|
|
3.98%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Proceeds from sale of private placement |
|
|
|
|
|
|
$ 2,000,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Number of share issue |
|
|
|
|
|
|
1,230,769
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Share price |
|
|
|
|
|
|
$ 1.625
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Exercise price |
|
|
|
|
|
|
$ 1.50
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| KTL Warrant [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Preferred stock, limitations on conversion |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Exercise price |
|
$ 2.53
|
|
|
|
|
|
|
|
|
|
|
$ 2.53
|
|
|
|
|
|
|
|
|
|
| Change in fair value of warrant liabilities |
|
|
|
|
|
|
|
|
|
|
|
|
$ 9,150,000
|
|
|
|
|
|
|
|
|
|
| Warrants and rights outstanding, expire date |
|
Jul. 21, 2030
|
|
|
|
|
|
|
|
|
|
|
Jul. 21, 2030
|
|
|
|
|
|
|
|
|
|
| Warrant term |
|
|
|
|
5 years
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Number of warrant shares |
|
3,700,000
|
|
|
|
|
|
|
|
|
|
|
3,700,000
|
|
|
|
|
|
|
|
|
|
| Debt Instrument, Unamortized Discount |
|
$ 858,000
|
|
|
|
|
|
|
|
|
|
|
$ 858,000
|
|
|
|
|
|
|
|
|
|
| Share price |
|
|
|
|
$ 2.528
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| KTL Warrant [Member] | Lim Kok Thay [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Preferred stock, limitations on conversion |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Exercise price |
|
|
|
|
$ 2.528
|
$ 2.53
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Change in fair value of warrant liabilities |
|
|
|
|
$ 9,186,000
|
$ 9,150,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Warrant term |
|
|
|
|
5 years
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Debt principal amount |
|
|
|
|
|
$ 6,812,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Debt doiscount percentage |
|
|
|
|
|
20.00%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Advisor Warrants [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Preferred stock, limitations on conversion |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Exercise price |
|
$ 2.00
|
|
|
|
|
|
|
|
|
|
|
$ 2.00
|
|
|
|
|
|
|
|
|
|
| Warrants to purchase aggregate shares |
|
|
100,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Warrants and rights outstanding, expire date |
|
Jun. 19, 2031
|
|
|
|
|
|
|
|
|
|
|
Jun. 19, 2031
|
|
|
|
|
|
|
|
|
|
| Number of warrant shares |
|
100,000
|
|
|
|
|
|
|
|
|
|
|
100,000
|
|
|
|
|
|
|
|
|
|
| Advisor Warrant [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Preferred stock, limitations on conversion |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Exercise price |
|
$ 2.00
|
|
|
|
|
|
|
|
|
|
|
$ 2.00
|
|
|
|
|
|
|
|
|
|
| Change in fair value of warrant liabilities |
|
$ 3,804,000
|
|
|
|
|
|
|
|
|
|
|
$ 103
|
|
|
|
|
|
|
|
|
|
| Dividend yield |
|
0.00%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Expected volatility |
|
97.65%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Risk-free interest rate |
|
3.91%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Warrants and rights outstanding, expire date |
|
Jun. 19, 2031
|
|
|
|
|
|
|
|
|
|
|
Jun. 19, 2031
|
|
|
|
|
|
|
|
|
|
| Exercise price |
|
$ 2.00
|
|
|
|
|
|
|
|
|
|
|
$ 2.00
|
|
|
|
|
|
|
|
|
|
| Payments of stock issuance costs |
|
$ 103,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Stock price |
|
$ 1.45
|
|
|
|
|
|
|
|
|
|
|
$ 1.45
|
|
|
|
|
|
|
|
|
|
| Equity Purchase Agreement [Member] | Yorkville [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Preferred stock, limitations on conversion |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Payments of stock issuance costs |
|
|
|
|
|
|
|
|
|
|
$ 125,000
|
|
|
|
|
|
|
|
|
|
|
|
| Sale of stock, maximum average daily traded amount (in percent) |
|
|
|
|
|
|
|
|
|
|
100.00%
|
|
|
|
|
|
|
|
|
|
|
|
| Sale of stock, percentage based on volume weighted average price |
|
|
|
|
|
|
|
|
|
|
97.00%
|
|
|
|
|
|
|
|
|
|
|
|
| Cash due diligence fee |
|
|
|
|
|
|
|
|
|
|
$ 25,000
|
|
|
|
|
|
|
|
|
|
|
|
| Commitment fee in shares |
|
|
|
|
|
|
|
|
|
|
16,964
|
|
|
|
|
|
|
|
|
|
|
|
| Equity Purchase Agreement [Member] | Yorkville [Member] | Convertible Promissory Notes [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Preferred stock, limitations on conversion |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Line of credit percentage |
|
|
|
|
|
|
|
|
|
|
18.00%
|
|
|
|
|
|
|
|
|
|
|
|
| Common Class A [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Class of Stock [Line Items] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Common stock, shares authorized |
|
730,000,000
|
|
|
|
|
|
|
|
|
|
|
730,000,000
|
730,000,000
|
|
|
|
|
|
|
|
|
| Common stock, par value |
|
$ 0.0001
|
|
|
|
|
|
|
|
|
|
|
$ 0.0001
|
$ 0.0001
|
|
|
|
|
|
|
|
|
| Common stock shares outstanding |
|
28,837,787
|
|
|
|
|
|
|
|
|
|
|
28,837,787
|
22,546,671
|
|
|
|
|
|
|
|
|
| Common stock shares issued |
|
28,837,787
|
|
|
|
|
|
|
|
|
|
|
28,837,787
|
22,546,671
|
|
|
|
|
|
|
|
|
| Preferred stock, limitations on conversion |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Warrants to purchase aggregate shares |
|
25,774,577
|
|
|
|
|
|
|
|
|
|
|
25,774,577
|
|
|
|
|
|
|
|
|
|
| Common Class A [Member] | January 2024 PIPE Warrants [Member] | Private Placement [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Class of Stock [Line Items] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Common stock, par value |
|
|
|
|
|
|
|
|
|
|
|
$ 0.0001
|
|
|
|
|
|
|
|
|
|
|
| Preferred stock, limitations on conversion |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Exercise price |
|
|
|
|
|
|
|
|
|
|
|
$ 2.4898
|
|
|
|
|
|
|
|
|
|
|
| Purchase and sale of shares |
|
|
|
|
|
|
|
|
|
|
|
2,141,098
|
|
|
|
|
|
|
|
|
|
|
| Warrants and rights outstanding, expire date |
|
|
|
|
|
|
|
|
|
|
|
Jan. 16, 2029
|
|
|
|
|
|
|
|
|
|
|
| Warrant term |
|
|
|
|
|
|
|
|
|
|
|
5 years
|
|
|
|
|
|
|
|
|
|
|
| Common Class A [Member] | Securities Purchase Agreement [Member] | June 2025 PIPE [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Preferred stock, limitations on conversion |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Purchase and sale of shares |
|
|
|
|
|
|
|
739,286
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Purchase price of per share |
|
|
|
|
|
|
|
$ 1.40
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Proceeds from sale of private placement |
|
|
|
|
|
|
|
$ 1,035,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Common Class A [Member] | Maximum [Member] | January 2024 PIPE Warrants [Member] | Private Placement [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Preferred stock, limitations on conversion |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Warrants to purchase aggregate shares |
|
|
|
|
|
|
|
|
|
|
|
535,274
|
|
|
|
|
|
|
|
|
|
|
| Common Class A [Member] | Warrant [Member] | C.V. Starr Co Inc [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Preferred stock, limitations on conversion |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Warrants to purchase aggregate shares |
|
|
|
|
|
|
|
|
100,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Debt Instrument, Maturity Date |
|
|
|
|
|
|
|
|
Feb. 15, 2026
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Common Class A [Member] | 2020 Warrants [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Preferred stock, limitations on conversion |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Purchase and sale of shares |
|
|
|
|
|
|
|
|
|
652,981
|
|
|
|
|
|
|
|
|
|
|
|
|
| Common Class A [Member] | Warrants [Member] | C.V. Starr Co Inc [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Preferred stock, limitations on conversion |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Warrants to purchase aggregate shares |
|
|
|
|
|
|
|
|
100,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Warrant term |
|
|
|
|
|
|
|
|
5 years
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Debt principal amount |
|
|
|
|
|
|
|
|
$ 5,000,000.0
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Debt Instrument, Unamortized Discount |
|
|
|
|
|
|
|
|
$ 100,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Floor price |
|
|
|
|
|
|
|
|
$ 1.50
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Common Class A [Member] | Warrants [Member] | Resorts World Inc Pte Ltd [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Preferred stock, limitations on conversion |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Warrants to purchase aggregate shares |
|
|
|
|
|
|
|
|
500,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Warrant term |
|
|
|
|
|
|
|
|
5 years
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Debt principal amount |
|
|
|
|
|
|
|
|
$ 27,000,000.0
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Debt Instrument, Unamortized Discount |
|
|
|
|
|
|
|
|
$ 3,750,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Debt Instrument, Maturity Date |
|
|
|
|
|
|
|
|
Feb. 15, 2026
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Floor price |
|
|
|
|
$ 1.50
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Common Class A [Member] | KTL Warrant [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Preferred stock, limitations on conversion |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Exercise price |
|
|
|
|
|
$ 2.53
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Warrants to purchase aggregate shares |
|
|
|
|
|
3,700,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Common Class A [Member] | KTL Warrant [Member] | Lim Kok Thay [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Preferred stock, limitations on conversion |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Warrants to purchase aggregate shares |
|
|
|
|
|
3,700,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Common Class A [Member] | Equity Purchase Agreement [Member] | Yorkville [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Class of Stock [Line Items] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Common stock, par value |
|
|
|
|
|
|
|
|
|
|
$ 0.0001
|
|
|
|
|
|
|
|
|
|
|
|
| Preferred stock, limitations on conversion |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Consideration shares of common stock |
|
|
|
|
|
|
|
|
|
|
$ 10,000,000
|
|
|
|
|
|
|
|
|
|
|
|
| Series A Preferred Stock [Member] | Preferred Stock [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Class of Stock [Line Items] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Preferred stock, shares authorized |
|
|
|
6,000,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Preferred stock, shares issued |
|
|
|
2,000,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Preferred stock, shares outstanding |
|
|
|
0
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Preferred stock, conversion |
|
|
|
Each share of Series A Preferred Stock is convertible, at the option of the holder, at any time into shares of the Company’s Common
Stock at the lower of (i) 110% of the closing price of the Common Stock on the Trading Day immediately prior to the issuance of such
share or (ii) 95% of the lowest closing VWAP over the seven consecutive Trading Days immediately prior to the relevant conversion date,
but in no event less than the Floor Price (currently $1.60 per share, subject to adjustment as described in the Certificate of Designation).
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Conversion price |
|
$ 2.19
|
|
|
|
|
|
|
|
|
|
|
$ 2.19
|
|
|
|
|
|
|
|
|
|
| Preferred stock, limitations on conversion |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Redemption of preferred stock, shares |
|
|
|
|
|
|
|
|
|
|
|
|
267,916
|
|
|
|
|
|
|
|
|
|
| Redemption of preferred stock |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Shares issued |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Series A Preferred Stock [Member] | Preferred Stock [Member] | October 2025 Financing [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Preferred stock, limitations on conversion |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Preferred stock, discount |
|
$ 949,000
|
|
|
|
|
|
|
|
|
|
|
$ 949,000
|
|
|
|
|
|
|
|
|
|
| Series A Preferred Stock [Member] | Preferred Stock [Member] | October Two Thousand Twenty Five Purchase Agreement [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Preferred stock, limitations on conversion |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Shares issued |
|
|
|
$ 2,000,000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Series A Preferred Stock [Member] | Preferred Stock [Member] | Minimum [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Class of Stock [Line Items] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Dividend rate |
|
|
|
5.00%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Series A Preferred Stock [Member] | Preferred Stock [Member] | Maximum [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Class of Stock [Line Items] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Dividend rate |
|
|
|
18.00%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|