v3.26.1
Statements of Cash Flows - USD ($)
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Cash Flows from Operating Activities:    
Net loss $ (15,850,564) $ (14,857,801)
Adjustments to reconcile net loss to net cash used in operating activities:    
Stock-based compensation 187,728 838,957
Depreciation 3,918 3,306
Common stock issued for license agreement 0 596,303
Loss (gain) on disposal of fixed assets 2,559 (190)
Changes in operating assets and liabilities:    
Prepaid expenses and other current assets 302,799 (59,972)
Accounts payable and accrued expenses 1,542,453 (3,633,902)
Net cash used in operating activities (13,811,107) (17,113,299)
Cash Flows from Investing Activities:    
Purchase of property and equipment (18,175) (4,188)
Net cash used in investing activities (18,175) (4,188)
Cash Flows from Financing Activities:    
Payments of deferred offering costs (64,082) (66,750)
Payments on notes payable (297,553) (300,806)
Stock repurchased during stock split rounding (2,043) 0
Proceeds from subscription receivable 882,539 0
Proceeds from exercise of warrants 3,627 21,325
Proceeds from sale of common stock 14,046,430 23,376,375
Net cash provided by financing activities 14,568,918 23,030,144
Net change in cash and cash equivalents 739,636 5,912,657
Cash and cash equivalents, at beginning of period 6,461,378 548,721
Cash and cash equivalents, at end of period 7,201,014 6,461,378
Supplemental disclosures of cash flow information:    
Cash paid for interest 15,267 13,599
Cash paid for income taxes 0 0
Supplemental disclosure of non-cash investing and financing activities:    
Prepaid expense financed with note payable 360,197 326,072
Reclassification of deferred offering costs to equity 39,233 248,972
Common stock issued for subscription receivable 0 882,539
Stock issued for stock split rounding $ 0 $ 2