v3.26.1
Consolidated Statements of Cash Flows - USD ($)
 3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net loss $ (2,370,247) $ (1,856,421)
Adjustments to reconcile net loss to net cash used in operating activities:    
Amortization of Deferred Grant Reimbursement (11,992) (13,455)
Depreciation of property and equipment 74,147 70,503
Non-cash lease expense 20,897 7,314
Stock-based compensation 501,098 317,277
Changes in operating assets and liabilities:    
Grants receivable 214,496 142,122
Prepaid expenses and other current assets 40,341 51,580
Accounts payable and accrued expenses (1,257) 147,547
Due to related party 8,076
Net cash (used in) operating activities (1,524,441) (1,133,533)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchases of property and equipment (57,604) (31,046)
Net cash (used in) investing activities (57,604) (31,046)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Related Party Note (43,254)
Payments on finance lease obligations (12,736)
Net cash (used in) financing activities (12,736) (43,254)
NET INCREASE (DECREASE) IN CASH, CASH EQUIVALENTS (1,594,781) (1,207,833)
CASH AND CASH EQUIVALENTS - BEGINNING OF PERIOD 3,039,343 9,719,310
CASH AND CASH EQUIVALENTS - END OF PERIOD 1,444,562 8,511,477
Supplemental disclosures of cash flow information:    
Interest Expense $ 1,981