v3.26.1
SIGNIFICANT ACCOUNTING POLICIES - Summarizes of Reportable Segment's Financial Information (Details) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2026
Mar. 31, 2026
Jun. 30, 2025
Mar. 31, 2025
Jun. 30, 2026
Jun. 30, 2025
Segment Reporting Information [Line Items]            
Research and development expenses $ 7,187,235   $ 1,298,041   $ 12,442,201 $ 2,660,479
General and administrative expenses 3,454,924   2,076,108   14,871,510 4,616,554
Total expenses 10,642,159   3,374,149   27,313,711 7,277,033
Loss from operations (10,642,159)   (3,374,149)   (27,313,711) (7,277,033)
Reconciling items:            
Foreign exchange losses (14,351)   (21,110)   (16,155) (29,486)
Investment income 569,591   136,671   1,199,193 294,959
Changes in fair value of the warrant liability 27,553,204       (81,807,426)  
Net income (loss) 17,466,285 $ (125,404,384) (3,258,588) $ (3,752,972) (107,938,099) (7,011,560)
Operating Segments            
Segment Reporting Information [Line Items]            
Total 9,290,119   2,409,629   24,123,813 4,909,900
Other segment expense, net [1] 1,352,040   964,520   3,189,898 2,367,133
Total expenses 10,642,159   3,374,149   27,313,711 7,277,033
Loss from operations (10,642,159)   (3,374,149)   (27,313,711) (7,277,033)
Reconciling items:            
Foreign exchange losses (14,351)   (21,110)   (16,155) (29,486)
Investment income 569,591   136,671   1,199,193 294,959
Changes in fair value of the warrant liability 27,553,204       (81,807,426)  
Net income (loss) 17,466,285   (3,258,588)   (107,938,099) (7,011,560)
Operating Segments | Staff Related Expenses            
Segment Reporting Information [Line Items]            
Research and development expenses [2] 508,065   447,397   1,018,294 913,388
General and administrative expenses [2] 900,879   914,526   2,578,767 1,857,157
Operating Segments | External Costs            
Segment Reporting Information [Line Items]            
Research and development expenses [3] 5,608,335   749,488   9,543,610 1,543,908
Operating Segments | Stock Compensation Expenses (Non-cash)            
Segment Reporting Information [Line Items]            
Research and development expenses 996,213   100,130   1,734,150 199,829
General and administrative expenses $ 1,276,627   $ 198,088   $ 9,248,992 $ 395,618
[1] Other segment expense, net primarily consists of insurance, consultant, audit, legal, board, facilities, travel, investor relations, and membership fees.
[2] Staff related expenses consist of salary, bonus, accrued settlement payments, and fringe benefits.
[3] External research and development expenses primarily consist of the C19 trial costs and consultant fees in 2026 and consultant fees in 2025.