v3.25.2
Condensed Consolidated Statements of Operations and Comprehensive Loss (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Research and development $ 1,730,000 $ 1,130,978 $ 3,373,375 $ 2,097,088
General and administrative 1,504,295 657,806 3,082,737 1,415,087
Total operating expenses 3,234,295 1,788,784 6,456,112 3,512,175
Loss from operations (3,234,295) (1,788,784) (6,456,112) (3,512,175)
Interest income 780,769 73,475 1,377,614 155,640
Net loss (2,453,526) (1,715,309) (5,078,498) (3,356,535)
Other comprehensive income (loss):        
Foreign currency translation gain (loss) (3,456) 1,583 (3,847) 748
Unrealized gain on investments 102,817 2,444 45,432 21,642
Comprehensive loss $ (2,354,165) $ (1,711,282) $ (5,036,913) $ (3,334,145)
Net loss per share:        
Basic and diluted (in dollars per share) $ (0.35) $ (0.49) $ (0.73) $ (1)
Weighted average shares outstanding:        
Basic and diluted** (in shares) [1] 6,998,082 3,502,927 6,992,761 3,349,440
[1] Information pertaining to number of shares outstanding and per share data gives retroactive effect to a 1 for 5 reverse stock split that became effective on August 12, 2024.