Operating Segments - Segment Revenues and Profit (Loss) (Details) |
3 Months Ended | 6 Months Ended | |||
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Jun. 30, 2025
USD ($)
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Mar. 31, 2025
USD ($)
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Jun. 30, 2024
USD ($)
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Jun. 30, 2025
USD ($)
segment
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Jun. 30, 2024
USD ($)
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Segment reporting | |||||
Number of operating segments | segment | 2 | ||||
Revenues | $ 2,342 | $ 119,371 | |||
Cost of revenues | (2,342) | (119,371) | |||
Research and development | $ 1,677,014 | $ 1,941,680 | 501,158 | $ 3,618,694 | 1,596,198 |
General and administrative | 1,086,865 | 1,243,517 | 2,171,693 | 2,265,568 | |
Adjusted loss from operations | (2,763,879) | (1,744,675) | (5,790,387) | (3,861,766) | |
Share-based compensation | 163,112 | 117,636 | |||
Loss from operations | (2,763,879) | $ (3,026,508) | (1,744,675) | (5,790,387) | (3,861,766) |
Other (expenses) income, net | 61,903 | 100,173 | 137,143 | 301,937 | |
Net loss before income taxes | (2,701,976) | (1,644,502) | (5,653,244) | (3,559,829) | |
Total Segments | |||||
Segment reporting | |||||
Revenues | 2,342 | 119,371 | |||
Cost of revenues | (2,342) | (119,371) | |||
Research and development | 1,526,431 | 322,589 | 3,335,368 | 1,206,818 | |
Adjusted loss from operations | (1,526,431) | (322,589) | (3,335,368) | (1,206,818) | |
Share-based compensation | 27,326 | 21,557 | 54,654 | 42,817 | |
Depreciation and amortization | 493 | 1,112 | 918 | 2,224 | |
Loss from operations | (1,554,250) | (345,258) | (3,390,940) | (1,251,859) | |
Other (expenses) income, net | (31,346) | (23,806) | |||
Net loss before income taxes | (1,554,250) | (376,604) | (3,390,940) | (1,275,665) | |
Total Segments | Specialized BioTherapeutics | |||||
Segment reporting | |||||
Revenues | 2,342 | 119,371 | |||
Cost of revenues | (2,342) | (119,371) | |||
Research and development | 1,523,099 | 261,313 | 3,273,701 | 1,100,292 | |
Adjusted loss from operations | (1,523,099) | (261,313) | (3,273,701) | (1,100,292) | |
Share-based compensation | 26,487 | 20,940 | 52,975 | 41,612 | |
Depreciation and amortization | 423 | 953 | 787 | 1,906 | |
Loss from operations | (1,550,009) | (283,206) | (3,327,463) | (1,143,810) | |
Other (expenses) income, net | (31,346) | (23,806) | |||
Net loss before income taxes | (1,550,009) | (314,552) | (3,327,463) | (1,167,616) | |
Total Segments | Public Health Solutions | |||||
Segment reporting | |||||
Research and development | 3,332 | 61,276 | 61,667 | 106,526 | |
Adjusted loss from operations | (3,332) | (61,276) | (61,667) | (106,526) | |
Share-based compensation | 839 | 617 | 1,679 | 1,205 | |
Depreciation and amortization | 70 | 159 | 131 | 318 | |
Loss from operations | (4,241) | (62,052) | (63,477) | (108,049) | |
Net loss before income taxes | (4,241) | (62,052) | (63,477) | (108,049) | |
Adjustments | |||||
Segment reporting | |||||
Research and development | 27,819 | 22,669 | 55,572 | 45,041 | |
Adjusted loss from operations | (27,819) | (22,669) | (55,572) | (45,041) | |
Share-based compensation | (27,326) | (21,557) | (54,654) | (42,817) | |
Depreciation and amortization | (493) | (1,112) | (918) | (2,224) | |
Corporate | |||||
Segment reporting | |||||
Research and development | 122,764 | 155,900 | 227,754 | 344,339 | |
General and administrative | 1,014,468 | 1,206,923 | 2,062,842 | 2,189,797 | |
Adjusted loss from operations | (1,137,232) | (1,362,823) | (2,290,596) | (2,534,136) | |
Share-based compensation | 72,187 | 36,118 | 108,458 | 74,819 | |
Depreciation and amortization | 210 | 476 | 393 | 952 | |
Loss from operations | (1,209,629) | (1,399,417) | (2,399,447) | (2,609,907) | |
Other (expenses) income, net | 61,903 | 131,519 | 137,143 | 325,743 | |
Net loss before income taxes | (1,147,726) | (1,267,898) | (2,262,304) | (2,284,164) | |
Adjustments. | |||||
Segment reporting | |||||
General and administrative | 72,397 | 36,594 | 108,851 | 75,771 | |
Adjusted loss from operations | (72,397) | (36,594) | (108,851) | (75,771) | |
Share-based compensation | (72,187) | (36,118) | (108,458) | (74,819) | |
Depreciation and amortization | $ (210) | $ (476) | $ (393) | $ (952) |
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- Definition The adjusted net result for the period of deducting operating expenses from operating revenues. No definition available.
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- Definition The aggregate amount of income or expense from ancillary business-related activities (that is to say, excluding major activities considered part of the normal operations of the business) including one time gain (loss). No definition available.
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- Definition The aggregate cost of goods produced and sold and services rendered during the reporting period. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition The aggregate expense recognized in the current period that allocates the cost of tangible assets, intangible assets, or depleting assets to periods that benefit from use of the assets. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The aggregate total of expenses of managing and administering the affairs of an entity, including affiliates of the reporting entity, which are not directly or indirectly associated with the manufacture, sale or creation of a product or product line. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Number of operating segments. An operating segment is a component of an enterprise: (a) that engages in business activities from which it may earn revenues and incur expenses (including revenues and expenses relating to transactions with other components of the same enterprise), (b) whose operating results are regularly reviewed by the enterprise's chief operating decision maker to make decisions about resources to be allocated to the segment and assess its performance, and (c) for which discrete financial information is available. An operating segment may engage in business activities for which it has yet to earn revenues, for example, start-up operations may be operating segments before earning revenues. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition The net result for the period of deducting operating expenses from operating revenues. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Amount of expense for research and development. Includes, but is not limited to, cost for computer software product to be sold, leased, or otherwise marketed and writeoff of research and development assets acquired in transaction other than business combination or joint venture formation or both. Excludes write-down of intangible asset acquired in business combination or from joint venture formation or both, used in research and development activity. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount of revenue recognized from goods sold, services rendered, insurance premiums, or other activities that constitute an earning process. Includes, but is not limited to, investment and interest income before deduction of interest expense when recognized as a component of revenue, and sales and trading gain (loss). Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. No definition available.
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- Definition Amount of noncash expense for share-based payment arrangement. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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