| Schedule of Significant Segment Expenses, as Provided to the CODM |
Significant
segment expenses, as provided to the CODM, are presented below:
| | |
For the Three Months Ended | | |
For the Six Months Ended | |
| | |
June 30, | | |
June 30, | |
| | |
2025 | | |
2024 | | |
2025 | | |
2024 | |
| Operating Expenses: | |
| | | |
| | | |
| | | |
| | |
| Segment research and development expenses | |
$ | 732,315 | | |
$ | 1,012,522 | | |
$ | 1,479,205 | | |
$ | 1,466,800 | |
| Segment general and administrative expenses | |
| 1,150,397 | | |
| 1,274,708 | | |
| 2,670,799 | | |
| 2,665,452 | |
| Total Operating Expenses | |
| 1,882,712 | | |
| 2,287,230 | | |
| 4,150,004 | | |
| 4,132,252 | |
| | |
| | | |
| | | |
| | | |
| | |
| Loss From Operations | |
| (1,882,712 | ) | |
| (2,287,230 | ) | |
| (4,150,004 | ) | |
| (4,132,252 | ) |
| | |
| | | |
| | | |
| | | |
| | |
| Other Income (Expense) | |
| | | |
| | | |
| | | |
| | |
| Interest income | |
| 23,747 | | |
| 51,404 | | |
| 59,093 | | |
| 74,207 | |
| Inducement expense | |
| — | | |
| — | | |
| — | | |
| (4,464,427 | ) |
| Loss on equity method investment | |
| (98,730 | ) | |
| (222,472 | ) | |
| (261,820 | ) | |
| (412,343 | ) |
| Other income (expenses) | |
| (861 | ) | |
| — | | |
| 165,374 | | |
| (43 | ) |
| Total other income (expense) | |
| (75,844 | ) | |
| (171,068 | ) | |
| (37,353 | ) | |
| (4,802,606 | ) |
| | |
| | | |
| | | |
| | | |
| | |
| Net Loss | |
$ | (1,958,556 | ) | |
$ | (2,458,298 | ) | |
$ | (4,187,357 | ) | |
$ | (8,934,858 | ) |
|