Condensed Consolidated Balance Sheets - USD ($)	Mar. 31, 2026	Dec. 31, 2025
Current assets:
Cash and cash equivalents	$ 6,029,430	$ 7,936,153
Deferred issuance cost	98,717	18,543
Prepaid expenses and other current assets	437,101	894,311
Total current assets	6,565,248	8,849,007
Security deposit	22,777	22,777
Furniture and equipment, net	7,675	8,772
Right-of-use lease assets	326,940	354,965
Total assets	6,922,640	9,235,521
Current liabilities:
Accounts payable	828,658	1,115,497
Accrued expenses	2,630,416	1,981,630
Accrued compensation	43,001	488,125
Lease liabilities, current	117,235	114,023
Total current liabilities	3,619,310	3,699,275
Non-current liabilities:
Lease liabilities, net of current portion	213,425	244,121
Total liabilities	3,832,735	3,943,396
Commitments and contingencies (Note 5)
Shareholders' equity:
Preferred stock, 350,000 shares authorized; none issued or outstanding at March 31, 2026 and December 31, 2025
Common stock, $0.001 par value; 75,000,000 shares authorized; 10,518,269 and 10,086,130 shares issued and outstanding at March 31, 2026 and December 31, 2025, respectively	10,518	10,086
Additional paid-in capital	250,909,695	250,287,382
Accumulated other comprehensive income	45,789	45,789
Accumulated deficit	(247,876,097)	(245,051,132)
Total shareholders' equity	3,089,905	5,292,125
Total liabilities and shareholders' equity	$ 6,922,640	$ 9,235,521

Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

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Balance Type:	credit
Period Type:	instant

- Definition

Carrying value as of the balance sheet date of obligations incurred and payable, pertaining to costs that are statutory in nature, are incurred on contractual obligations, or accumulate over time and for which invoices have not yet been received or will not be rendered. Examples include taxes, interest, rent and utilities. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).