v3.26.1
Accrued Expenses and Other Current Liabilities
3 Months Ended
Mar. 31, 2026
Payables and Accruals [Abstract]  
Accrued Expenses and Other Current Liabilities

(7) Accrued Expenses and Other Current Liabilities

As of March 31, 2026 and December 31, 2025, accrued expenses and other current liabilities consisted of the following:

 

March 31,
2026

 

 

December 31,
2025

 

Payroll and employee-related costs

 

$

2,894,637

 

 

$

5,036,039

 

Accrued research and development expenses

 

 

1,008,218

 

 

 

322,743

 

Accrued financing fees payable

 

 

386,335

 

 

 

 

Accrued business consulting

 

 

547,740

 

 

 

354,361

 

Accrued legal fees

 

 

188,050

 

 

 

 

Accrued interest

 

 

20,835

 

 

 

21,075

 

Other accrued expenses

 

 

340,715

 

 

 

849,778

 

 

$

5,386,530

 

 

$

6,583,996