v3.26.1
CONDENSED UNAUDITED INTERIM STATEMENTS OF STOCKHOLDERS' EQUITY - USD ($)
Total
January 2026 Private Placement
Common Stock
Common Stock
January 2026 Private Placement
Additional Paid-in Capital
Additional Paid-in Capital
January 2026 Private Placement
Accumulated Deficit
Balance at Dec. 31, 2024 $ 39,577,095   $ 1,671   $ 80,312,594   $ (40,737,170)
Beginning balance, shares at Dec. 31, 2024     16,707,441        
Stock-based compensation expense 1,080,082       1,080,082    
Exercise of stock options 19,137   $ 2   19,135    
Exercise of stock options (in shares)     17,557        
Net Income (Loss) (7,306,757)           (7,306,757)
Balance at Mar. 31, 2025 33,369,557   $ 1,673   81,411,811   (48,043,927)
Ending balance, shares at Mar. 31, 2025     16,724,998        
Balance at Dec. 31, 2025 43,028,230   $ 2,094   104,989,413   (61,963,277)
Beginning balance, shares at Dec. 31, 2025     20,934,456        
Sale of common stock, net of issuance costs   $ 10,953,604   $ 252   $ 10,953,352  
Sale of common stock, net of issuance costs (in shares)       2,522,727      
Stock-based compensation expense 2,195,516       2,195,516    
Net Income (Loss) (7,206,990)           (7,206,990)
Balance at Mar. 31, 2026 $ 48,970,360   $ 2,346   $ 118,138,281   $ (69,170,267)
Ending balance, shares at Mar. 31, 2026     23,457,183