| Schedule of Significant Expense |
The table below summarizes the significant expense categories regularly reviewed by the CODM for the three and six months ended June 30: | | | | | | | | | | | | | Three Months Ended June 30, | | 2026 | | 2025 | | Operating expenses: | | | | | Clinical product candidates | $ | 17,433 | | | $ | 17,710 | | | Pre-clinical product candidates | 504 | | | 231 | | | Employee costs- research and development | 3,814 | | | 2,594 | | | Employee costs-general and administrative | 2,451 | | | 2,083 | | | Non-cash stock compensation | 6,782 | | | 1,899 | | | Depreciation expense | 34 | | | 43 | | | Professional fees and other segment expenses | 4,309 | | | 2,523 | | | Total operating expenses | 35,327 | | | 27,083 | | | Loss from operations | (35,327) | | | (27,083) | | | Interest income | 1,286 | | | 241 | | | Other income (expense) | (58) | | | 22 | | | Net loss | $ | (34,099) | | | $ | (26,820) | | | | | | | | | | | | | | | Six Months Ended June 30, | | 2026 | | 2025 | | Operating expenses: | | | | | Clinical product candidates | $ | 38,354 | | | $ | 35,491 | | | Pre-clinical product candidates | 923 | | | 345 | | | Employee costs- research and development | 6,372 | | | 4,761 | | | Employee costs-general and administrative | 4,260 | | | 3,643 | | | Non-cash stock compensation | 11,248 | | | 3,941 | | | Depreciation expense | 67 | | | 86 | | | Professional fees and other segment expenses | 7,338 | | | 5,641 | | | Total operating expenses | 68,562 | | | 53,908 | | | Loss from operations | (68,562) | | | (53,908) | | | Interest income | 2,046 | | | 424 | | | Other income (expense) | (171) | | | 1,191 | | | Net loss | $ | (66,687) | | | $ | (52,293) | |
|