v3.25.2
Supplemental Balance Sheet Information
 3 Months Ended 12 Months Ended
Mar. 31, 2025
Dec. 31, 2024
Supplemental Balance Sheet Information [Abstract]    
Supplemental Balance Sheet Information
3. Supplemental Balance Sheet Information

 

Prepaid expenses and other current assets

 

Prepaid expenses and other current assets consist of the following:

 

   March 31,
2025		   December 31,
2024		 
Insurance expenses  $395,197   $509,428 
Administrative expenses   
—
    325,051 
Research and development expenses   240,818    
—
 
   $636,015   $834,479 

 

Accrued expenses and other current liabilities

 

Accrued expenses and other current liabilities consisted of the following:

 

   March 31,
2025		   December 31,
2024		 
Accrued research and development expenses  $4,043,237   $1,449,646 
Accrued compensation expenses   1,357,606    785,230 
Accrued legal expenses   377,279    58,767 
Accrued stock issuance expenses   400,000    
—
 
Accrued accounting fees   83,187    
—
 
   $6,261,309   $2,293,643 
3.Supplemental Balance Sheet Information

 

Prepaid expenses and other current assets

 

Prepaid expenses and other current assets consist of the following:

 

   December 31, 
   2024   2023 
Insurance  $509,428   $
—
 
Administrative expenses   325,051    
—
 
   $834,479   $
—
 

 

Accrued expenses and other current liabilities

 

Accrued expenses and other current liabilities consisted of the following:

 

   December 31, 
   2024   2023 
Accrued research and development  $1,449,646   $856,144 
Accrued compensation expenses – related parties   785,230    
 
 
Accrued legal expenses   58,767    
—
 
   $2,293,643   $856,144