Annual report pursuant to Section 13 and 15(d)

Convertible Note Payable, Related Party (Tables)

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Convertible Note Payable, Related Party (Tables)
 12 Months Ended
Dec. 31, 2023
Debt Disclosure [Abstract]  
Schedule of Convertible Note Payable Related Party

Convertible note payable, related party consists of the following at December 31, 2023 and 2022, respectively:

 

    December 31,     December 31,  
    2023     2022  
             
On September 27, 2022   $ 750,000     $ 750,000  
On September 27, 2022, the Company completed the sale of a Convertible Promissory Note in the principal amount of $750,000 (the “Convertible McCabe Note”) to Dr. John McCabe, an affiliate investor. The unsecured note matures on September 16, 2024 (the “Maturity Date”), bears interest at a rate of 8% per annum, and the principal and interest is convertible into shares of the Company’s convertible Series B common stock at a conversion price of $15 per share.   $ 750,000     $ 750,000  
                 
Total convertible note payable, related party     750,000       750,000  
Less: current maturities     750,000       -  
Convertible note payable, related party, long-term portion   $ -     $ 750,000