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 $ (9,864,222) $ (16,946,731)
Adjustments to reconcile net loss to net cash used in operating activities:    
Stock-based compensation 1,173,956 763,913
Consulting and research expense for restricted shares issued 62,321 11,500
Change in fair value of warrant liability (565,387) 9,338,791
Loss on fair value of warrants over proceeds 12,952
Change in operating assets and liabilities:    
Prepaid expenses and other current assets (352,257) 8,198
Australia research and development incentives receivable (36,650)
Accounts payable 206,031 (372,786)
Accrued expenses 1,001,947 (1,050,758)
Net cash used in operating activities (8,337,611) (8,271,571)
Cash flows from financing activities:    
Proceeds from exercise of stock options 844 185,646
Proceeds from exercise of warrants 328,924
Proceeds from At-The-Market offering 3,001,985 7,862,229
Payment of offering transactions costs (381,293) (597,233)
Net cash provided by financing activities 8,869,406 12,704,327
Net effect of foreign currency exchange on cash 11,429 (4,060)
Net increase (decrease) in cash 543,224 4,428,696
Cash at beginning of period 9,601,298 7,150,695
Cash at end of period 10,144,522 11,579,391
Supplemental disclosure of cash flow information:    
Warrants issued in connection with private placement offering 1 2025 1,107,202
Warrants issued in connection with private placement offering 2 2025 571,566
Warrants issued in connection with private placement offering 3 2025 462,592
Warrants issued in connection with private placement offering 4 2025 300,245
Warrants issued in connection with private placement offering 1 2024 2,049,600
Warrants issued in connection with private placement offering 2 2024 1,190,111
Warrants issued in connection with private placement offering 3 2024 677,919
Private Placement Offering One 2025 [Member]    
Cash flows from financing activities:    
Proceeds from private placement 2,715,000
Private Placement Offering Two 2025 [Member]    
Cash flows from financing activities:    
Proceeds from private placement 1,428,949
Private Placement Offering Three 2025 [Member]    
Cash flows from financing activities:    
Proceeds from private placement 1,079,998
Private Placement Offering Four 2025 [Member]    
Cash flows from financing activities:    
Proceeds from private placement 694,999
Private Placement Offering One 2024 [Member]    
Cash flows from financing activities:    
Proceeds from private placement 2,920,696
Private Placement Offering Two 2024 [Member]    
Cash flows from financing activities:    
Proceeds from private placement 1,327,990
Private Placement Offering Three 2024 [Member]    
Cash flows from financing activities:    
Proceeds from private placement $ 1,004,999