Related Party Transactions (Tables)

6 Months Ended

Jun. 30, 2024

Schedule of Warrant Liabilities at Fair Value on a Recurring Basis

The following table presents information about the Company’s warrant liabilities that are measured at fair value on a recurring basis as of June 30, 2024 and December 31, 2023 and indicates the fair value hierarchy of the valuation inputs the Company utilized to determine such fair value.

Description	June 30, 2024		Quoted Prices in Active Markets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Other Unobservable Inputs (Level 3)
Warrant Liabilities:
Public Warrants	$	500,000	$	—	$	500,000	$	—
Private Placement Warrants	$	525,000	$	—	$	525,000	$	—
Warrant liabilities at June 30, 2024	$	1,025,000	$	—	$	1,025,000	$	—

Description	December 31, 2023		Quoted Prices in Active Markets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Other Unobservable Inputs (Level 3)
Warrant Liabilities:
Public Warrants	$	300,000	$	—	$	300,000	$	—
Private Placement Warrants	$	315,000	$	—	$	315,000	$	—
Warrant liabilities at December 31, 2023	$	615,000	$	—	$	615,000	$	—

Schedule of Promissory Note


Face amount of Promissory Note	$	1,750,000
Less: debt discount at June 30, 2024		(115,000	)
Subtotal	$	1,635,000
Add: derivative liability at market at June 30, 2024		88,000
Promissory Note, net	$	1,723,000

Promissory Note [Member]

Short-Term Debt [Line Items]

Schedule of Warrant Liabilities at Fair Value on a Recurring Basis

The following table presents information about the conversion feature of the Company’s Promissory Note that are measured at fair value on a recurring basis as of June 30, 2024 and indicates the fair value hierarchy of the valuation inputs the Company utilized to determine such fair value. There was no such conversion feature to report as of December 31, 2023.

Description		June 30, 2024				Quoted Prices in Active Markets (Level 1)				Significant Other Observable Inputs (Level 2)				Significant Other Unobservable Inputs (Level 3)
Warrant liabilities at June 30, 2024		$	88,000			$	—			$	88,000			$	—

Global Technology Acquisition Corp. I 10-Q