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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
3 Months Ended 12 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Dec. 31, 2023
Cash flows from operating activities:      
Net loss from ongoing operations $ (9,800,041) $ (1,511,732)  
Adjustments to reconcile net loss to net cash used in operating activities:      
(Gain)/loss on sale of securities (175) (175)  
Loss on fair market value of equity investments 899 1,712  
(Gain)/loss on fair market value of derivatives (61,000) 120,700  
(Gain)/loss on fair market value of warrants 7,094,000 (1,175,000)  
Share based compensation:      
To directors - options 189,350  
To key employees - options 298,755 19,908  
To non-employees - options 29,260 49,160  
Change in assets and liabilities      
Prepaid expenses 168,066 (172,351)  
Trade and other payables 145,014 (1,304,021)  
Right-of-use liabilities (404) 157  
Deferred Compensation Payable 179,077  
Dividends Payable (154,842)  
Net cash used by operating activities (1,912,041) (3,971,642)  
Cash flows from investing activities:      
Purchases of marketable securities (18,306) (13,024,559)  
Proceeds from sale of marketable securities 750,330 1,749,970  
Net cash (used in)/provided by investing activities 732,024 (11,274,589)  
Cash flows from financing activities      
Redemption of Series F Convertible Preferred Stock (73,472)  
Dividends on Series F Convertible Preferred Stock (1,133,762)  
Premium on Series F Convertible Preferred Stock (68,104)  
Net proceeds from issuance of preferred stock 14,685,689  
Net cash (consumed)/provided by financing activities (1,275,338) 14,685,689  
Net decrease in cash and restricted cash (2,455,355) (560,542)  
Cash and restricted cash at beginning of period 2,681,010 749,090 $ 749,090
Cash and restricted cash at end of period 225,655 188,548 $ 2,681,010
Supplemental cash flow information      
Interest  
Income Taxes  
Supplemental Schedule of Non-Cash Financing and Investing Activities      
Accrual of Series F Convertible Preferred Stock Dividend 158,333  
Initial fair value of warrant liabilities pursuant to the issuance of Series F Convertible Preferred Stock and Warrants 10,623,000  
Initial fair value of derivative liabilities pursuant to the issuance of Series F Convertible Preferred Stock and Warrants 3,149,800  
Reclass of warrant liability upon warrant modification $ 7,961,000  

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