v3.25.4
Condensed Consolidated Statements of Operations - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2025
Jun. 30, 2025
Mar. 31, 2025
Sep. 30, 2024
Jun. 30, 2024
Mar. 31, 2024
Sep. 30, 2025
Sep. 30, 2024
General and administrative $ 701,170     $ 186,081     $ 2,083,601 $ 477,542
Research and development       357,066       2,685,334
Total operating expenses 701,170     543,147     2,083,601 3,162,876
Loss from operations (701,170)     (543,147)     (2,083,601) (3,162,876)
Other income (expense):                
Interest expense, related parties (19,052)     (92,706)     (196,852) (232,718)
Interest income       34,481     76,589 79,037
Forgiveness of unrelated vendor payables             2,142,297  
Change in fair value of deferred underwriting fee - common stock payable 560,000           (196,000)  
Change in the fair value of warrant liabilities 76,871     0     (40,023) 0
Loss on exchange of common stock for warrants (1,740,000)           (1,740,000)  
Total other income (expense), net (1,122,181)     (58,225)     46,011 (153,681)
Net loss $ (1,823,351) $ 113,287 $ (327,526) $ (601,372) $ (961,207) $ (1,753,978) $ (2,037,590) $ (3,316,557)
Weighted average shares outstanding - basic [1] 27,007,568     17,500,000     22,637,742 17,500,000
Weighted average shares outstanding - diluted 27,007,568     17,500,000     22,637,742 17,500,000
Basic net income loss per share [1] $ (0.07)     $ (0.03)     $ (0.09) $ (0.19)
Diluted net income loss per share $ (0.07)     $ (0.03)     $ (0.09) $ (0.19)
[1] Shares and per share data are presented on a retroactive basis to reflect the effects of the conversion and recapitalization as a result of the Business Combination consummated on April 30, 2025.