v3.25.2
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Cash flows from operating activities:    
Net loss $ (9,761,349) $ (7,821,944)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation 735
Stock-based compensation 421,654 1,557,543
Change in fair value of convertible promissory notes 787,703
Changes in operating assets and liabilities:    
Prepaid expenses and other current assets 821,899 696,430
Accounts payable and other current liabilities (1,334,030) (847,502)
Operating lease right-of-use asset and liability, net (1,193) 325
Net cash used in operating activities (9,065,316) (6,414,413)
Cash flows from financing activities:    
Proceeds from issuance of convertible promissory notes 5,714,800
Proceeds from issuance of shares of common stock and warrants 4,057,719 375,588
Issuance costs (336,255) (21,477)
Net cash provided by financing activities 9,436,264 354,111
Net increase (decrease) in cash and cash equivalents 370,948 (6,060,302)
Cash and cash equivalents at beginning of period 5,786,753 13,362,053
Cash and cash equivalents at end of period 6,157,701 7,301,751
Noncash investing and financing activities    
Issuance of commitment shares [1] $ 109
[1] Retroactively restated for one-for-twenty-eight share consolidation on June 27, 2025.