v3.25.2
CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY - USD ($)
COMMON STOCK
ADDITIONAL PAID-IN CAPITAL
OTHER COMPREHENSIVE INCOME
ACCUMULATED DEFICIT
Total
Balance at Dec. 31, 2023 $ 31,148 $ 181,701,859 $ 235,813 $ (159,367,353) $ 22,601,467
Balance (in shares) at Dec. 31, 2023 31,148,320        
Issuance of common stock, net of fees $ 447 2,289,797     2,290,244
Issuance of common stock, net of fees (in shares) 447,221        
Stock-based compensation   3,265,412     3,265,412
Stock options exercised $ 5 (5)      
Stock options exercised (in shares) 4,642        
Unrealized loss on marketable securities     71,888   71,888
Net loss       (9,794,073) (9,794,073)
Balance at Mar. 31, 2024 $ 31,600 187,257,063 307,701 (169,161,426) 18,434,938
Balance (in shares) at Mar. 31, 2024 31,600,183        
Balance at Dec. 31, 2023 $ 31,148 181,701,859 235,813 (159,367,353) 22,601,467
Balance (in shares) at Dec. 31, 2023 31,148,320        
Unrealized loss on marketable securities         (80,826)
Net loss         (20,793,855)
Balance at Jun. 30, 2024 $ 31,984 191,476,543 154,987 (180,161,208) 11,502,306
Balance (in shares) at Jun. 30, 2024 31,983,927        
Balance at Mar. 31, 2024 $ 31,600 187,257,063 307,701 (169,161,426) 18,434,938
Balance (in shares) at Mar. 31, 2024 31,600,183        
Issuance of common stock, net of fees $ 331 1,985,518     1,985,849
Issuance of common stock, net of fees (in shares) 330,458        
Stock-based compensation   2,152,793     2,152,793
Stock options exercised $ 53 81,169     81,222
Stock options exercised (in shares) 53,286        
Unrealized loss on marketable securities     (152,714)   (152,714)
Net loss       (10,999,782) (10,999,782)
Balance at Jun. 30, 2024 $ 31,984 191,476,543 154,987 (180,161,208) 11,502,306
Balance (in shares) at Jun. 30, 2024 31,983,927        
Balance at Dec. 31, 2024 $ 45,582 344,224,338 1,026,955 (199,834,539) 145,462,336
Balance (in shares) at Dec. 31, 2024 45,582,288        
Exercise of common warrants $ 1 3,983     3,984
Exercise of common warrants (in shares) 699        
Stock-based compensation   5,481,938     5,481,938
Vest of restricted stock awards $ 17 257,444     257,461
Vest of restricted stock awards (in shares) 17,210        
Stock options exercised $ 77 46,293     46,370
Stock options exercised (in shares) 76,690        
Unrealized loss on marketable securities     784,972   784,972
Net loss       (24,391,594) (24,391,594)
Balance at Mar. 31, 2025 $ 45,677 350,013,996 1,811,927 (224,226,133) 127,645,467
Balance (in shares) at Mar. 31, 2025 45,676,887        
Balance at Dec. 31, 2024 $ 45,582 344,224,338 1,026,955 (199,834,539) 145,462,336
Balance (in shares) at Dec. 31, 2024 45,582,288        
Unrealized loss on marketable securities         360,619
Net loss         (50,302,385)
Balance at Jun. 30, 2025 $ 45,712 353,680,694 1,387,574 (250,136,924) 104,977,056
Balance (in shares) at Jun. 30, 2025 45,711,975        
Balance at Mar. 31, 2025 $ 45,677 350,013,996 1,811,927 (224,226,133) 127,645,467
Balance (in shares) at Mar. 31, 2025 45,676,887        
Stock-based compensation   3,647,153     3,647,153
Stock options exercised $ 35 19,545     19,580
Stock options exercised (in shares) 35,088        
Unrealized loss on marketable securities     (424,353)   (424,353)
Net loss       (25,910,791) (25,910,791)
Balance at Jun. 30, 2025 $ 45,712 $ 353,680,694 $ 1,387,574 $ (250,136,924) $ 104,977,056
Balance (in shares) at Jun. 30, 2025 45,711,975