Equity (Details Narrative)
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1 Months Ended |
3 Months Ended |
6 Months Ended |
12 Months Ended |
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May 22, 2024
USD ($)
$ / shares
shares
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Dec. 28, 2023
shares
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Dec. 14, 2023
USD ($)
$ / shares
shares
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Feb. 14, 2023
USD ($)
$ / shares
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Feb. 19, 2021
shares
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Mar. 31, 2024
shares
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Jun. 30, 2024
USD ($)
$ / shares
shares
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Jun. 30, 2023
USD ($)
$ / shares
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Jun. 30, 2024
USD ($)
$ / shares
shares
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Jun. 30, 2023
USD ($)
$ / shares
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Dec. 31, 2023
USD ($)
$ / shares
shares
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Dec. 31, 2022
USD ($)
$ / shares
shares
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Jan. 31, 2024
$ / shares
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Jul. 01, 2022
$ / shares
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| Class of Stock [Line Items] |
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| Common stock, shares authorized |
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350,000,000
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275,000,000
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275,000,000
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275,000,000
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275,000,000
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| Common stock par value | $ / shares |
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$ 0.0001
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$ 0.0001
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$ 0.0001
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$ 0.0001
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| Common stock voting rights |
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The
Class A Common Stock and Class B Common Stock entitle their holders to one vote per share and ten votes per share, respectively, on each
matter properly submitted to the stockholders entitled to vote thereon.
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Class A Common Stock and Class B Common Stock entitle their holders to one vote per share and ten votes per share, respectively, on each
matter properly submitted to the stockholders entitled to vote thereon.
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| Common stock, shares issued |
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3,003,810
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3,003,810
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2,585,296
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3,935,892
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| Common stock, shares outstanding |
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3,003,810
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3,003,810
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2,585,296
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3,935,892
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| Original issuance price | $ / shares |
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$ 1.54
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| Cash fee payments | $ |
$ 25,000
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| Preferred stock, shares authorized |
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75,000,000
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75,000,000
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75,000,000
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75,000,000
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75,000,000
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| Preferred stock, par value | $ / shares |
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$ 0.0001
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$ 0.0001
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$ 0.0001
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$ 0.0001
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$ 0.0001
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| Preferred stock, shares outstanding |
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0
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0
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0
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0
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| General and administrative expense | $ |
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$ 4,319,014
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$ 2,929,150
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$ 8,627,943
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$ 6,099,213
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$ 12,905,073
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$ 9,275,251
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| Yorkville Standby Equity Purchase Agreement [Member] |
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| Class of Stock [Line Items] |
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| Description of equity facility financing agreement |
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10,000
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10,000 shares or (ii) such amount as is equal to 100%
of the average daily volume traded of Class A common stock during the five trading days immediately prior to the date the Company
requests each Advance;
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| Percentage of lowest daily Volume Weighted Average Price |
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90.00%
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| Fair Value Of Standby Equity Purchase Agreement | $ |
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$ 0
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0
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$ 0
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$ 0
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| Stock issued during period value acquisitions | $ |
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$ 500,000
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$ 500,000
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$ 500,000
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| Maximum floor price | $ / shares |
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$ 2.00
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| Floor price adjustment |
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The Floor Price shall be adjusted (downwards only) to equal 20% of the average VWAP for the five trading
days immediately prior to the date of effectiveness of the initial Registration Statement.
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| Maximum percentage of closing price on trading day |
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75.00%
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| Maximum conversion price | $ / shares |
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$ 2.00
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| General and administrative expense | $ |
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$ 3,823,000
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| Alliance Global Partners [Member] |
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| Class of Stock [Line Items] |
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| Securities purchase price and percentage description |
(a) a cash fee equal to 7.0% of the aggregate purchase price paid by each purchaser of securities that were sold
in the May 2024 Offering (the “Cash Fee”); provided, however, that the Cash Fee was reduced by an amount equal to $25,000
to be paid to the Company’s financial advisor, and (b) warrants (the “Placement Agent Warrants”) to purchase Class
A Common Stock equal to 6% of the aggregate number of shares of Class A Common Stock sold in the May 2024 Offering at an exercise price
per share equal to 110% of the price per share of Class A Common Stock sold in the May 2024 Offering. The Company recognized the Placement
Agent Warrants as a stock issuance cost as they are issued for services in connection with an offering.
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| Cash fee payments | $ |
$ 409,000
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| Prefunded Warrants [Member] |
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| Class of Stock [Line Items] |
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| Net of issuance costs | $ |
660,000
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| Common Warrants [Member] |
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| Class of Stock [Line Items] |
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| Net of issuance costs | $ |
$ 722,000
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| Common Warrants [Member] | Measurement Input, Share Price [Member] |
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| Class of Stock [Line Items] |
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| Warrants and rights outstanding measurement input |
9.00
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| Common Warrants [Member] | Measurement Input, Exercise Price [Member] |
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| Class of Stock [Line Items] |
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| Warrants and rights outstanding measurement input |
9.00
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| Common Warrants [Member] | Measurement Input, Price Volatility [Member] |
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| Class of Stock [Line Items] |
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| Warrants and rights outstanding measurement input |
87
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| Common Warrants [Member] | Measurement Input, Risk Free Interest Rate [Member] |
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| Class of Stock [Line Items] |
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| Warrants and rights outstanding measurement input |
4.6
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| Common Warrants [Member] | Measurement Input, Expected Dividend Rate [Member] |
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| Class of Stock [Line Items] |
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| Warrants and rights outstanding measurement input |
0
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| Placement Agent Warrants [Member] |
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| Class of Stock [Line Items] |
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| Issuane of warrants |
16,667
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| Net of issuance costs | $ |
$ 100,000
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| Placement Agent Warrants [Member] | Measurement Input, Share Price [Member] |
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| Class of Stock [Line Items] |
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| Warrants and rights outstanding measurement input |
9.00
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| Placement Agent Warrants [Member] | Measurement Input, Exercise Price [Member] |
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| Class of Stock [Line Items] |
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| Warrants and rights outstanding measurement input |
9.00
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| Placement Agent Warrants [Member] | Measurement Input, Price Volatility [Member] |
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| Class of Stock [Line Items] |
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| Warrants and rights outstanding measurement input |
87
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| Placement Agent Warrants [Member] | Measurement Input, Risk Free Interest Rate [Member] |
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| Class of Stock [Line Items] |
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| Warrants and rights outstanding measurement input |
4.6
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| Placement Agent Warrants [Member] | Measurement Input, Expected Dividend Rate [Member] |
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| Class of Stock [Line Items] |
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| Warrants and rights outstanding measurement input |
0
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| Securities Purchase Agreement [Member] |
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| Class of Stock [Line Items] |
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| Original issuance price | $ / shares |
$ 9.00
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| Proceeds from issuance of warrants | $ |
$ 2,500,000
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| Securities Purchase Agreement [Member] | Prefunded Warrants [Member] |
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| Class of Stock [Line Items] |
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| Issuane of warrants |
173,222
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| Warrants exercise price | $ / shares |
$ 0.0050
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| Securities Purchase Agreement [Member] | Common Warrants [Member] |
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| Class of Stock [Line Items] |
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| Issuane of warrants |
277,778
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| Warrants exercise price | $ / shares |
$ 9.00
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| Common Class A [Member] |
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| Class of Stock [Line Items] |
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| Common stock, shares authorized |
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5,000,000
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25,000,000
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25,000,000
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250,000,000
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250,000,000
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| Common stock par value | $ / shares |
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$ 0.0001
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| Common stock, shares issued |
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692,676
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692,676
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274,162
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51,219
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| Common stock, shares outstanding |
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692,676
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692,676
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274,162
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51,219
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| Common Class A [Member] | Banzai International Inc [Member] |
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| Class of Stock [Line Items] |
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| Common stock, shares outstanding |
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28,629
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| Conversion of stock shares converted |
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2,328,823
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| Common Class A [Member] | Demio [Member] | Shareholders And Founders [Member] | Restricted Stock [Member] |
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| Class of Stock [Line Items] |
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| Shares issued to GEM, shares |
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14,916
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| Common Class A [Member] | High Attendance [Member] | Restricted Stock [Member] |
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| Class of Stock [Line Items] |
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| Common stock par value | $ / shares |
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$ 0.0001
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| Common Class A [Member] | High Attendance [Member] | Shareholders And Founders [Member] | Restricted Stock [Member] |
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| Class of Stock [Line Items] |
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| Shares issued to GEM, shares |
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|
1,638
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| Common Class A [Member] | Yorkville Standby Equity Purchase Agreement [Member] |
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| Class of Stock [Line Items] |
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| Common stock par value | $ / shares |
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$ 0.0001
|
$ 0.0001
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| Total consideration payable in shares of class A common stock | $ |
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$ 100,000,000
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$ 100,000,000
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| Description of equity facility financing agreement |
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9.99%
|
9.99%
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| Percentage of average daily Volume Weighted Average Price |
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|
95.00%
|
95.00%
|
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| Percentage of lowest daily Volume Weighted Average Price |
|
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96.00%
|
96.00%
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| Percentage of voting power |
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9.99%
|
9.99%
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| Percentage of outstanding shares |
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19.99%
|
19.99%
|
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| Stock issued during period value acquisitions |
|
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|
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|
14,201
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| Common stock price per share | $ / shares |
|
|
$ 10.00
|
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| Maximum conversion price | $ / shares |
|
|
$ 100.00
|
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| Conversion of stock shares converted |
|
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|
|
|
|
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|
28,910
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| Cash structuring fee | $ |
|
|
$ 35,000
|
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| Stock issued during period shares acquisitions |
|
|
6,000
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| Stock issued during period value acquisitions | $ |
|
|
$ 3,288,000
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| Common Class A [Member] | Cantor Fee Agreement [Member] |
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| Class of Stock [Line Items] |
|
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| Stock issued during period shares acquisitions |
|
22,279
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| Common Class A [Member] | Securities Purchase Agreement [Member] |
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| Class of Stock [Line Items] |
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| Shares issued to GEM, shares |
104,556
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| Common Class B [Member] |
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| Class of Stock [Line Items] |
|
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| Common stock, shares authorized |
|
|
25,000,000
|
|
|
|
25,000,000
|
|
25,000,000
|
|
25,000,000
|
25,000,000
|
|
|
| Common stock, shares issued |
|
|
|
|
|
|
2,311,134
|
|
2,311,134
|
|
2,311,134
|
3,884,673
|
|
|
| Common stock, shares outstanding |
|
|
|
|
|
|
2,311,134
|
|
2,311,134
|
|
2,311,134
|
3,884,673
|
|
|
| Common Class B [Member] | Yorkville Standby Equity Purchase Agreement [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Class of Stock [Line Items] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Common stock par value | $ / shares |
|
|
$ 0.0001
|
$ 0.0001
|
|
|
|
|
|
|
|
|
|
|
| Percentage of outstanding shares |
|
|
19.99%
|
19.99%
|
|
|
|
|
|
|
|
|
|
|
| Common Stock [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Class of Stock [Line Items] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Common stock, shares issued |
|
|
|
|
|
|
3,003,810
|
|
3,003,810
|
|
2,585,296
|
|
|
|
| Common stock, shares outstanding |
|
|
|
|
|
|
3,003,810
|
|
3,003,810
|
|
2,585,296
|
|
|
|
| Class A Common Stock [Member] | Yorkville Standby Equity Purchase Agreement [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Class of Stock [Line Items] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Common stock price per share | $ / shares |
|
|
$ 500.00
|
|
|
|
|
|
|
|
|
|
|
|
| Maximum [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Class of Stock [Line Items] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Common stock, shares authorized |
|
|
|
|
|
|
275,000,000
|
|
275,000,000
|
|
275,000,000
|
|
|
|
| Original issuance price | $ / shares |
|
|
|
|
|
|
$ 0.61
|
$ 9.56
|
$ 0.61
|
$ 9.56
|
$ 11.98
|
|
|
|
| Maximum [Member] | Yorkville Standby Equity Purchase Agreement [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Class of Stock [Line Items] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Maximum floor price | $ / shares |
|
|
100.00
|
|
|
|
|
|
|
|
|
|
|
|
| Minimum [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Class of Stock [Line Items] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Original issuance price | $ / shares |
|
|
|
|
|
|
$ 0.29
|
$ 8.22
|
$ 0.29
|
$ 8.22
|
$ 8.38
|
|
|
|
| Minimum [Member] | Yorkville Standby Equity Purchase Agreement [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Class of Stock [Line Items] |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Maximum floor price | $ / shares |
|
|
$ 2.00
|
|
|
|
|
|
|
|
|
|
|
|