FAIR VALUE MEASUREMENTS - Assets measured at fair value on a recurring basis (Details) - USD ($) |
Sep. 30, 2024 |
Dec. 31, 2023 |
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Liabilities: | ||
Warrant liability | $ 14,262,138 | $ 94,185 |
Recurring | ||
Assets: | ||
Short-term investments | 32,358 | 32,358 |
Total assets measured at fair value | 32,358 | 32,358 |
Liabilities: | ||
Share-based compensation liability | 340,090 | 422,002 |
Warrant liability | 14,262,138 | 94,185 |
Total liabilities measured at fair value | 14,602,228 | 516,187 |
Recurring | Level 1 | ||
Assets: | ||
Short-term investments | 32,358 | 32,358 |
Total assets measured at fair value | 32,358 | 32,358 |
Recurring | Level 3 | ||
Liabilities: | ||
Share-based compensation liability | 340,090 | 422,002 |
Warrant liability | 14,262,138 | 94,185 |
Total liabilities measured at fair value | $ 14,602,228 | $ 516,187 |
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- Definition Fair value portion of probable future economic benefits obtained or controlled by an entity as a result of past transactions or events. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- References No definition available.
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- Definition Aggregate carrying value as of the balance sheet date of the liabilities for all deferred compensation arrangements payable beyond one year (or the operating cycle, if longer). No definition available.
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- Definition Fair value portion of investment securities, including, but not limited to, marketable securities, derivative financial instruments, and investments accounted for under the equity method. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Fair value of financial and nonfinancial obligations. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- References No definition available.
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- Definition The fair value of shares that would be issued, determined under the conditions specified in the contract if the settlement were to occur at the reporting date. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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