v3.26.1
Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
Mar. 31, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 18,049,255 $ 7,830,855
Prepaid expenses and other 753,804 525,927
Total current assets 18,803,059 8,356,782
Other non-current assets:    
Research and development supplies 1,503,207 1,802,228
Total other assets 1,503,207 1,802,228
Total assets 20,306,266 10,159,010
Current liabilities:    
Accounts payables 1,655,028 743,070
Other current liabilities 1,698,468 1,431,564
Total current liabilities 3,353,496 2,174,634
Non-current liabilities:    
Derivative liabilities 22,500 22,500
Total liabilities 3,375,996 2,197,134
Commitments and contingencies (Note 6)
Stockholders’ equity:    
Preferred stock $0.001 par value: 10,000,000 shares authorized; no shares issued and outstanding at March 31, 2026 and December 31, 2025 0 0
Common stock $0.001 par value: 200,000,000 shares authorized; 9,044,856 and 3,291,488 shares issued and outstanding at March 31, 2026 and December 31, 2025, respectively 9,045 3,291
Additional paid-in capital 192,411,516 178,986,981
Accumulated deficit (175,490,291) (171,028,396)
Total stockholders’ equity 16,930,270 7,961,876
Total liabilities and stockholders’ equity $ 20,306,266 $ 10,159,010