v3.26.1
Statements of Cash Flows (Unaudited) - USD ($)
3 Months Ended 6 Months Ended 12 Months Ended
Jun. 30, 2026
Mar. 31, 2026
Jun. 30, 2025
Mar. 31, 2025
Jun. 30, 2026
Jun. 30, 2025
Dec. 31, 2025
Cash flows from operating activities:              
Net loss $ (2,967,063) $ (1,847,706) $ (1,701,093) $ (2,303,587) $ (4,814,769) $ (4,004,680)  
Adjustments to reconcile net loss to net cash used in operating activities:              
Stock-based compensation 41,780   39,234   85,058 76,422  
Increase (decrease) in cash resulting from changes in:              
Prepaid expenses and other current assets         (251,756) 212,732  
Inventories         (149,734)  
Other assets         (35,330)  
Accounts payable         731,559 (356,816)  
Accrued and other current liabilities         (466,274) (552,205)  
Net cash used in operating activities         (4,901,246) (4,624,547) $ (7,800,000)
Cash flows from investing activities:              
Purchases of property and equipment         (110,667)  
Net cash used in investing activities         (110,667)  
Cash flows from financing activities:              
Proceeds from issuance of Common Stock from ATM sales, net of issuance costs         1,994,051  
Proceeds from issuance of Common Stock, pre-funded warrants, and warrants, net of issuance costs         7,993,425  
Proceeds from exercise of pre-funded warrants         977  
Payment of issuance costs         (91,352) (50,495)  
Net cash provided by financing activities         1,902,699 7,943,907  
Net increase (decrease) in cash and cash equivalents         (3,109,214) 3,319,360  
Cash and cash equivalents at beginning of period   $ 7,521,978   $ 3,161,570 7,521,978 3,161,570 3,161,570
Cash and cash equivalents at end of period $ 4,412,764   $ 6,480,930   4,412,764 6,480,930 $ 7,521,978
Non-cash financing activities:              
Issuance Common Stock upon exercise of pre-funded warrants         54  
Purchases of property and equipment included in accounts payable         18,700  
March 2025 Warrant Inducement issuance costs in accounts payable         12,987  
Issuance of abeyance shares         (4)  
Supplemental disclosure:              
Cash paid for taxes         $ 950 $ 950