v3.25.2
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Operating expenses:        
Research and development expenses $ 3,110,867 $ 2,052,233 $ 6,308,399 $ 4,372,975
General and administrative expenses 2,055,191 1,763,029 4,283,090 3,391,163
Total operating expenses 5,166,058 3,815,262 10,591,489 7,764,138
Loss from operations (5,166,058) (3,815,262) (10,591,489) (7,764,138)
Other (expense) income:        
Interest income 79,697 88,383 161,880 132,501
Australian research and development incentives 18,048 36,649
Change in fair value of warrant liability (260,602) (5,157,493) 565,387 (9,338,791)
Loss on fair value of warrants over proceeds (12,952) (12,952)
Other (expense) income, net: (180,905) (5,064,014) 727,267 (9,182,593)
Net loss $ (5,346,963) $ (8,879,276) $ (9,864,222) $ (16,946,731)
Net loss per share        
Net loss per share - basic $ (0.18) $ (0.40) $ (0.34) $ (0.85)
Net loss per share - diluted $ (0.18) $ (0.40) $ (0.34) $ (0.85)
Weighted average common shares outstanding - basic 30,300,339 22,203,174 29,008,949 19,906,043
Weighted average common shares outstanding - diluted 30,300,339 22,203,174 29,008,949 19,906,043