v3.25.2
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Cash flows from operating activities:    
Net loss $ (10,727,434) $ (10,914,174)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation expense 33,724 43,319
Stock-based compensation expense 585,484 259,376
Changes in assets and liabilities:    
Government contract receivable 126,638 (300,677)
Prepaid expenses and other current assets (259,618) 564,648
Other assets (0) (1,106,778)
Accounts payable and accrued expenses (578,108) 2,745,248
Total adjustments 427,356 3,289,396
Net cash used in operating activities (10,300,078) (7,624,778)
Cash flows from investing activities:    
Purchase of equipment (27,612) 0
Net cash used in investing activities (27,612) 0
Cash flows from financing activities:    
Proceeds from Notes Payable 0 135,000
Net proceeds from sale of common stock and warrants 7,914,402 1,209,538
Net proceeds from warrant exercise 209 1,389,363
Net cash provided by financing activities 7,914,611 2,733,901
Net decrease in cash and cash equivalents (2,413,079) (4,890,877)
Cash and cash equivalents at beginning of period 5,506,941 6,452,589
Cash and cash equivalents at end of period $ 3,093,862 $ 1,561,712