v3.26.1
Consolidated Statements of Cash Flows - USD ($)
 12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Cash Flows From Operating Activities:    
Net loss $ (14,241,975) $ (8,979,381)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 209,985 189,056
Dividend and interest income (270,573) (623,801)
Stock-based compensation 3,325,626 2,812,566
Non-cash lease expense 151,447
Gain on exchange of warrants (1,711,698)
Change in fair value of warrant liabilities (1,121,502) (97,188)
Changes in operating assets and liabilities:    
Accounts receivable 172,900 (169,100)
Prepaid expenses and other current assets 101,770 33,591
Accounts payable 839,525 293,680
Accrued expenses and other current liabilities 195,281 32,799
Lease Liability (162,317)
Net Cash Used In Operating Activities (10,788,963) (8,230,346)
Cash Flows From Investing Activities:    
Sale of marketable securities 11,692,686 21,508,641
Purchase of marketable securities (2,679,147) (20,887,923)
Purchases of equipment (116,069) (106,189)
Net Cash Provided By Investing Activities 8,897,470 514,529
Cash Flows From Financing Activities:    
Proceeds from issuance of common stock for cash 3,096,250
Payment of issuance costs (177,953)
Exercise of stock options 41,165
Proceeds from exchange and issuance of warrants, net 7,528,027
Payment of deferred offering costs (99,973) (148,697)
Repayment of financed insurance premiums (4,698)
Net Cash Provided By Financing Activities 2,854,791 7,379,330
Net Increase (Decrease) In Cash and Cash Equivalents 963,298 (336,487)
Cash and Cash Equivalents - Beginning of the Year 547,890 884,377
Cash and Cash Equivalents - End of the Year 1,511,188 547,890
Supplemental Disclosures of Cash Flow Information:    
Interest
Income taxes
Non-cash investing and financing activities:    
Return and cancellation of shares in lieu of payroll tax withholding 48,410
Issuance of common stock held in abeyance 28 15
Reclassification of deferred offering costs 217,762
Deferred offering costs included in accounts payable 18,900
Financing of insurance premiums $ 46,980