Notes Payable (Details) - Schedule of Debt (Parentheticals) - Notes Payable, Other Payables [Member] - USD ($) |
3 Months Ended | 12 Months Ended | ||||||
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Mar. 31, 2024 |
Dec. 31, 2023 |
Jan. 04, 2022 |
Dec. 21, 2021 |
Aug. 31, 2024 |
May 31, 2024 |
Feb. 22, 2024 |
Dec. 21, 2012 |
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Debenture 2 [Member] | ||||||||
Notes Payable (Details) - Schedule of Debt (Parentheticals) [Line Items] | ||||||||
Amount | $ 250,000 | |||||||
Interest payable | payable quarterly commencing six months after issuance | |||||||
Interest Rate | 15.00% | |||||||
Warrants (in Shares) | 75,758 | |||||||
Maturity | Jul. 10, 2024 | |||||||
Warrants at an exercise price of (in Dollars per share) | $ 1.65 | |||||||
Payments | The Company shall make additional quarterly payments under Debenture 2 beginning 90 days after the end of its first fiscal quarter after January 10, 2025, and for the next five years, on an annual basis, equal to the greater of (a) 15% of the original principal amount, or (b) the purchaser’s pro rata portion of 5% of the distributions the Company receives as a result of the Quinn River Joint Venture during the prior fiscal year. | |||||||
Discount | $ 6,501 | $ 10,428 | ||||||
Original issue discount | 37,500 | $ 187,000 | ||||||
Gain on extinguishment of debt | 111,807 | |||||||
Amortized discounts | $ 197 | |||||||
principal payments | $ 17,917 | |||||||
Debenture 6 [Member] | ||||||||
Notes Payable (Details) - Schedule of Debt (Parentheticals) [Line Items] | ||||||||
Amount | $ 500,000 | |||||||
Interest payable | payable quarterly commencing nine months after issuance | |||||||
Interest Rate | 15.00% | |||||||
Warrants (in Shares) | 151,516 | |||||||
Maturity | Jul. 10, 2024 | Oct. 31, 2024 | ||||||
Warrants at an exercise price of (in Dollars per share) | $ 1.65 | |||||||
Payments | The Company shall make additional quarterly payments under Debenture 6 beginning 90 days after the end of its first fiscal quarter after January 10, 2025, and for the next five years, on an annual basis, equal to the greater of (a) 15% of the original principal amount, or (b) the purchaser’s pro rata portion of 5% of the distributions the Company receives as a result of the Quinn River Joint Venture during the prior fiscal year. | |||||||
Discount | 209,783 | $ 17,154 | ||||||
Original issue discount | 75,000 | $ 375,000 | ||||||
Gain on extinguishment of debt | $ 402,370 | |||||||
Amortized discounts | $ 10,297 | |||||||
Interest Capitalized | 10,707 | |||||||
PN6 [Member] | ||||||||
Notes Payable (Details) - Schedule of Debt (Parentheticals) [Line Items] | ||||||||
Amount | $ 250,000 | |||||||
Interest Rate | 12.00% | |||||||
principal payments | 29,012 | |||||||
payments due | $ 11,799 | |||||||
Interest Expense [Member] | Debenture 2 [Member] | ||||||||
Notes Payable (Details) - Schedule of Debt (Parentheticals) [Line Items] | ||||||||
interest payments | 130 | |||||||
Interest Expense [Member] | PN6 [Member] | ||||||||
Notes Payable (Details) - Schedule of Debt (Parentheticals) [Line Items] | ||||||||
interest payments | $ 6,387 |
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- Definition Aggregate amount of each class of warrants or rights granted. No definition available.
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- References No definition available.
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- Definition Amount of debt discount on original issue. No definition available.
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- Definition Amount of amortization expense attributable to debt issuance costs. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Exercise price per share or per unit of warrants or rights outstanding. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Face (par) amount of debt instrument at time of issuance. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Contractual interest rate for funds borrowed, under the debt agreement. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Description of the interest rate as being fixed or variable, and, if variable, identification of the index or rate on which the interest rate is based and the number of points or percentage added to that index or rate to set the rate, and other pertinent information, such as frequency of rate resets. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Date when the debt instrument is scheduled to be fully repaid, in YYYY-MM-DD format. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Description of the payment terms of the debt instrument (for example, whether periodic payments include principal and frequency of payments) and discussion about any contingencies associated with the payment. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of the required periodic payments including both interest and principal payments. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount, after accumulated amortization, of debt discount. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Difference between the fair value of payments made and the carrying amount of debt which is extinguished prior to maturity. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of interest capitalized during the period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of cash paid for interest, including, but not limited to, capitalized interest and payment to settle zero-coupon bond attributable to accreted interest of debt discount and debt instrument with insignificant coupon interest rate in relation to effective interest rate of borrowing attributable to accreted interest of debt discount; classified as operating and investing activities. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Amount of cash outflow for short-term and long-term debt. Excludes payment of lease obligation. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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