Basis of Presentation and Summary of Significant Accounting Policies (Tables)

6 Months Ended

Jun. 30, 2026

Reconciliation of Other Items from Segments to Consolidated

The table below summarizes the significant expense and income categories regularly reviewed by the CODM for the three and six months ended June 30, 2026 and 2025:


	Three Months Ended June 30,				Six Months Ended June 30,
	2026		2025		2026		2025
Operating Expenses:
CTIM-76	$	2,200,723	$	1,445,862	$	4,484,756	$	2,506,621
CT-95	1,532,574		1,488,530		2,922,347		2,253,560
CT-202	7,531,293		3,149,238		9,436,054		4,132,811
Personnel-related costs	1,949,765		2,345,969		4,153,352		3,702,103
Professional fees	699,552		543,168		1,388,983		1,186,390
Share-based compensation	528,102		389,114		937,322		682,831
Other segment items (a)	525,482		396,481		988,476		823,189
Loss from operations	(14,967,491)		(9,758,362)		(24,311,290)		(15,287,505)
Interest income	418,663		903,772		938,802		1,862,289
Other income (expense)	(9,598)		27,080		133,490		20,445
Segment and Net Loss	$	(14,558,426)	$	(8,827,510)	$	(23,238,998)	$	(13,404,771)

(a)Other segment items included in Segment loss mainly includes board fees, insurance, facilities and information technology costs.

Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share

The following potentially dilutive securities have been excluded from the computation of diluted weighted-average shares of common stock outstanding, as they would be anti-dilutive:


	June 30,
	2026	2025
Stock options	8,619,039	5,977,979
Warrants	5,860,000	5,860,000
	14,479,039	11,837,979