v3.25.2
UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Operating Activities    
Net Loss $ (8,291,446) $ (5,194,218)
Adjustments to reconcile net loss to net cash used in operating activities:    
Stock-based compensation 2,106,073 856,120
Changes in operating assets and liabilities:    
Prepaid expenses and other current assets (226,535) (95,605)
Prepaid project costs and other long-term assets 37,086 6,750
Accounts payable and accrued liabilities 769,792 701,506
Net Cash Used in Operating Activities (5,605,030) (3,725,447)
Investing Activities    
Trademarks (6,116) 0
Net Cash Used in Investing Activities (6,116) 0
Financing Activities    
Net proceeds from the issuances of common stock 63,122,922 2,204,623
Net proceeds from the exercise of stock options 633,375 0
Payments for taxes related to net share settlement of equity awards (234,621) (10,582)
Net Cash Provided by Financing Activities 63,521,676 2,194,041
Net Increase (Decrease) in Cash and Cash Equivalents 57,910,530 (1,531,406)
Cash and Cash Equivalents, Beginning of Period 39,990,827 28,598,445
Cash and Cash Equivalents, End of Period 97,901,357 27,067,039
Cash paid during the period:    
Interest paid 0 0
Income taxes paid 0 0
Non-Cash Financing Activities:    
Payment of accrued liabilities with common stock $ 15,000 $ 15,000