v3.25.1
Income Taxes (Tables)
 12 Months Ended
Dec. 31, 2024
Income Taxes [Abstract]  
Schedule of Provision for Income Taxes and Income Taxes Computed Using Effective U.S. Federal Statutory Rate

The difference between the provision for income taxes and income taxes computed using the effective U.S. federal statutory rate is as follows:

 

   Year Ended
December 31,		 
   2024   2023 
Federal tax statutory rate   21.0%   21.0%
State tax, net of federal benefit   7.2    7.2 
Non-taxable change in fair value of warrant liability   0.2    1,953.2 
Research and development credits   0.5    37.8 
Change in valuation allowance   (28.9)   (2,019.2)
Effective tax rate   —%   —%
Schedule of Deferred Tax Assets

Significant components of the Company’s deferred tax assets are as follows:

 

   Year Ended
December 31,		 
   2024   2023 
Net operating loss carryforwards  $10,949,394   $7,281,811 
Research and development credits   446,160    370,145 
Capitalized research and development costs   2,122,632    1,716,037 
Capitalized start-up costs   922,340    799,367 
Other, net   478,830    336,564 
Total gross deferred tax assets   14,919,356    10,503,924 
Valuation allowance   (14,919,356)   (10,503,924)
Net deferred tax assets  $
—
   $
—