v3.26.1
CONDENSED UNAUDITED INTERIM STATEMENTS OF STOCKHOLDERS' EQUITY - USD ($)
Total
January 2026 Private Placement
Common Stock
Common Stock
January 2026 Private Placement
Additional Paid-in Capital
Additional Paid-in Capital
January 2026 Private Placement
Accumulated Deficit
Balance at Dec. 31, 2024 $ 39,577,095   $ 1,671   $ 80,312,594   $ (40,737,170)
Beginning balance, shares at Dec. 31, 2024     16,707,441        
Stock-based compensation expense 1,080,082       1,080,082    
Exercise of stock options 19,137   $ 2   19,135    
Exercise of stock options (in shares)     17,557        
Net loss (7,306,757)           (7,306,757)
Balance at Mar. 31, 2025 33,369,557   $ 1,673   81,411,811   (48,043,927)
Ending balance, shares at Mar. 31, 2025     16,724,998        
Balance at Dec. 31, 2024 39,577,095   $ 1,671   80,312,594   (40,737,170)
Beginning balance, shares at Dec. 31, 2024     16,707,441        
Net loss (13,401,734)            
Balance at Jun. 30, 2025 28,310,293   $ 1,673   82,447,524   (54,138,904)
Ending balance, shares at Jun. 30, 2025     16,724,998        
Balance at Mar. 31, 2025 33,369,557   $ 1,673   81,411,811   (48,043,927)
Beginning balance, shares at Mar. 31, 2025     16,724,998        
Stock-based compensation expense 1,035,713       1,035,713    
Net loss (6,094,977)           (6,094,977)
Balance at Jun. 30, 2025 28,310,293   $ 1,673   82,447,524   (54,138,904)
Ending balance, shares at Jun. 30, 2025     16,724,998        
Balance at Dec. 31, 2025 43,028,230   $ 2,094   104,989,413   (61,963,277)
Beginning balance, shares at Dec. 31, 2025     20,934,456        
Sale of common stock, net of issuance costs   $ 10,953,604   $ 252   $ 10,953,352  
Sale of common stock, net of issuance costs (in shares)       2,522,727      
Stock-based compensation expense 2,195,516       2,195,516    
Net loss (7,206,990)           (7,206,990)
Balance at Mar. 31, 2026 48,970,360   $ 2,346   118,138,281   (69,170,267)
Ending balance, shares at Mar. 31, 2026     23,457,183        
Balance at Dec. 31, 2025 $ 43,028,230   $ 2,094   104,989,413   (61,963,277)
Beginning balance, shares at Dec. 31, 2025     20,934,456        
Exercise of stock options (in shares) 666            
Net loss $ (13,845,250)            
Balance at Jun. 30, 2026 43,276,011   $ 2,346   119,082,192   (75,808,527)
Ending balance, shares at Jun. 30, 2026     23,457,849        
Balance at Mar. 31, 2026 48,970,360   $ 2,346   118,138,281   (69,170,267)
Beginning balance, shares at Mar. 31, 2026     23,457,183        
Stock-based compensation expense 943,911       943,911    
Exercise of stock options (in shares)     666        
Net loss (6,638,260)           (6,638,260)
Balance at Jun. 30, 2026 $ 43,276,011   $ 2,346   $ 119,082,192   $ (75,808,527)
Ending balance, shares at Jun. 30, 2026     23,457,849