v3.25.2
ORGANIZATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
6 Months Ended
Jun. 30, 2025
ORGANIZATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES  
Schedule of property, plant and equipment

    

June 30, 

    

December 31, 

    

2025

    

2024

Furniture and fixtures

$

189,821

$

192,083

Laboratory equipment

 

7,334,478

 

6,318,362

Leasehold improvements

 

2,776,864

 

2,501,207

Construction in progress

1,851,712

 

12,152,875

 

9,011,652

Less accumulated depreciation

 

(4,157,616)

 

(3,450,055)

Property and equipment, net

$

7,995,259

$

5,561,597

Schedule of accrued expenses

    

June 30, 

    

December 31, 

    

2025

    

2024

Accrued clinical expenses

$

1,830,559

$

1,919,437

Accrued payroll and related costs

 

4,078,974

 

2,552,516

Other accrued expenses

1,449,699

435,712

Total accrued expenses

$

7,359,232

$

4,907,665

Schedule of fair value measurements

June 30, 2025

    

Level I

    

Level II

    

Level III

    

Total

Marketable Securities

$

99,559,482

$

$

$

99,559,482

 

December 31, 2024

    

Level I

    

Level II

    

Level III

    

Total

Marketable Securities

$

140,228,881

$

$

$

140,228,881