v3.26.1
CONSOLIDATED BALANCE SHEETS - USD ($)
Mar. 31, 2026
Dec. 31, 2025
Current assets:    
Cash, cash equivalents, and restricted cash $ 7,820,608 $ 10,709,937
Prepaid expenses and other current assets 537,044 275,223
Total current assets 8,357,652 10,985,160
Property and equipment, net 35,741 40,559
Other assets 29,882 30,988
Total assets 8,423,275 11,056,707
Current liabilities:    
Accounts payable 936,030 940,586
Accrued expenses and other current liabilities 244,456 861,748
Deferred revenue 3,225,581 3,225,581
Due to related parties 139,823 139,823
Total current liabilities 4,545,890 5,167,738
Total liabilities 4,545,890 5,167,738
Commitments and contingencies (Note 6)
Convertible preferred stock:    
Common stock, $0.0001 par value;100,000,000 shares authorized; 531,968 and 8,006 shares issued and outstanding at March 31, 2026 and December 31, 2025, respectively 53 53
Additional paid-in capital 100,544,058 100,331,014
Accumulated deficit (96,666,726) (94,442,098)
Total stockholders' (deficit) equity 3,877,385 5,888,969
Total liabilities and stockholders' (deficit) equity 8,423,275 11,056,707
Preferred Stock    
Convertible preferred stock:    
Preferred stock, $0.0001 par value; 10,000,000 shares authorized; 1,674 and 0 shares issued and outstanding at March 31,2026 and December 31,2025, respectively $ 0 $ 0