CONDENSED UNAUDITED INTERIM STATEMENTS OF OPERATIONS - USD ($) |
3 Months Ended | 6 Months Ended | ||||
|---|---|---|---|---|---|---|
Jun. 30, 2026 |
Jun. 30, 2025 |
Jun. 30, 2026 |
Jun. 30, 2025 |
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| Income Statement [Abstract] | ||||||
| Collaboration revenue | $ 243,745 | $ 163,616 | $ 494,892 | $ 421,500 | ||
| Operating expenses: | ||||||
| Research and development | [1] | 5,030,667 | 3,663,103 | 9,127,247 | 8,877,179 | |
| In-process research and development | 1,656 | 11,656 | ||||
| General and administrative | 2,255,603 | 2,908,191 | 6,037,580 | 5,622,081 | ||
| Depreciation | 2,807 | 6,840 | 5,614 | 13,680 | ||
| Total operating expenses | 7,290,733 | 6,578,134 | 15,182,097 | 14,512,940 | ||
| Loss from operations | (7,046,988) | (6,414,518) | (14,687,205) | (14,091,440) | ||
| Other income: | ||||||
| Other income | 408,728 | 319,541 | 841,955 | 689,706 | ||
| Pre-tax loss | (6,638,260) | (6,094,977) | (13,845,250) | (13,401,734) | ||
| Net loss | $ (6,638,260) | $ (6,094,977) | $ (13,845,250) | $ (13,401,734) | ||
| Per share information: | ||||||
| Net loss per share of common stock, basic | $ (0.28) | $ (0.36) | $ (0.6) | $ (0.8) | ||
| Net loss per share of common stock, diluted | $ (0.28) | $ (0.36) | $ (0.6) | $ (0.8) | ||
| Weighted-average shares of common stock outstanding, basic | 23,457,227 | 16,724,998 | 23,053,011 | 16,722,767 | ||
| Weighted-average shares of common stock outstanding, diluted | 23,457,227 | 16,724,998 | 23,053,011 | 16,722,767 | ||
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- Definition In-process research and development. No definition available.
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- Definition The amount of expense recognized in the current period that reflects the allocation of the cost of tangible assets over the assets' useful lives. Includes production and non-production related depreciation. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- References No definition available.
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- Definition The amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The amount of net income (loss) for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The aggregate total of expenses of managing and administering the affairs of an entity, including affiliates of the reporting entity, which are not directly or indirectly associated with the manufacture, sale or creation of a product or product line. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- References No definition available.
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- Definition The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Generally recurring costs associated with normal operations except for the portion of these expenses which can be clearly related to production and included in cost of sales or services. Includes selling, general and administrative expense. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- References No definition available.
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- Definition The net result for the period of deducting operating expenses from operating revenues. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Amount of income (expense) related to nonoperating activities, classified as other. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- References No definition available.
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- Definition Amount of expense for research and development. Excludes cost for computer software product to be sold, leased, or otherwise marketed, writeoff of research and development assets acquired in transaction other than business combination or joint venture formation or both, and write-down of intangible asset acquired in business combination or from joint venture formation or both, used in research and development activity. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Amount of revenue recognized from goods sold, services rendered, insurance premiums, or other activities that constitute an earning process. Includes, but is not limited to, investment and interest income before deduction of interest expense when recognized as a component of revenue, and sales and trading gain (loss). Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition The average number of shares or units issued and outstanding that are used in calculating diluted EPS or earnings per unit (EPU), determined based on the timing of issuance of shares or units in the period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Number of [basic] shares or units, after adjustment for contingently issuable shares or units and other shares or units not deemed outstanding, determined by relating the portion of time within a reporting period that common shares or units have been outstanding to the total time in that period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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