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SEGMENT INFORMATION
12 Months Ended
Dec. 31, 2025
Segment Reporting [Abstract]  
SEGMENT INFORMATION

NOTE 10: SEGMENT INFORMATION

 

The Company operates in one business segment, focusing on the development of a novel and patented systemically administered anti-cancer and anti-viral immunotherapy. The Company’s chief operating decision maker (“CODM”) is the chief executive officer. The CODM assesses performance for the segment based on operating expenses as reported in the accompanying consolidated statements of operations.

 

As such, the CODM uses cash forecast models in deciding how to invest into the segment. Such cash forecast models are reviewed to assess the entity-wide operating results and performance. Net loss is used to monitor budget versus actual results. Monitoring budgeted versus actual results is used in assessing performance of the segment.

 

The following table presents reportable segment loss, including significant expenses regularly provided to the CODM, attributable to the Company’s reportable segment for the years ended December 31, 2025 and 2024:

 

   2025   2024 
   For the Year ended December 31, 
   2025   2024 
Research and development:          
External research and development  $5,832,371   $4,355,449 
Internal personnel costs   3,508,588    2,895,648 
Total research and development   9,340,959    7,251,097 
General and administrative   10,492,554    8,114,654 
Other income, net   (138,018)   (343,724)
Change in fair value of convertible promissory notes   1,153,421    - 
Net loss  $20,848,916   $15,022,027