v3.26.1
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Cash flows from operating activities:    
Net loss $ (14,313,239) $ (9,864,222)
Adjustments to reconcile net loss to net cash used in operating activities:    
Stock-based compensation 1,373,939 1,173,956
Restricted stock issued for consulting expense 242,587 62,321
Change in fair value of warrant liability (185,126) (565,387)
Change in operating assets and liabilities:    
Prepaid expenses and other current assets 401,990 (352,257)
Accounts payable 796,104 206,031
Accrued expenses (377,638) 1,001,947
Net cash used in operating activities (12,061,383) (8,337,611)
Cash flows from financing activities:    
Proceeds from exercise of stock options 38,549 844
Proceeds from exercise of warrants 328,924
Proceeds from confidentially marketed public offering 33,008,813
Proceeds from At-The-Market offering 3,001,985
Payment of offering transactions costs (2,060,041) (381,293)
Net cash provided by financing activities 30,987,321 8,869,406
Net effect of foreign currency exchange on cash 11,862 11,429
Net increase in cash 18,937,800 543,224
Cash at beginning of period 8,658,031 9,601,298
Cash at end of period 27,595,831 10,144,522
Supplemental disclosure of cash flow information:    
Warrants issued in connection with private placement offering 1 2025 1,107,202
Warrants issued in connection with private placement offering 2 2025 571,566
Warrants issued in connection with private placement offering 3 2025 462,592
Warrants issued in connection with private placement offering 4 2025 300,245
Private Placement Offering One 2025 [Member]    
Cash flows from financing activities:    
Proceeds from private placement 2,715,000
Private Placement Offering Two 2025 [Member]    
Cash flows from financing activities:    
Proceeds from private placement 1,428,949
Private Placement Offering Three 2025 [Member]    
Cash flows from financing activities:    
Proceeds from private placement 1,079,998
Private Placement Offering Four 2025 [Member]    
Cash flows from financing activities:    
Proceeds from private placement $ 694,999