v3.26.1
Statements of Cash Flows (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2026
Mar. 31, 2026
Jun. 30, 2025
Mar. 31, 2025
Jun. 30, 2026
Jun. 30, 2025
Operating activities:            
Net loss $ (3,948,675) $ (5,657,137) $ (3,748,640) $ (2,744,780) $ (9,605,812) $ (6,493,420)
Adjustments required to reconcile net loss to net cash used in operating activities:            
Amortization           1,779
Stock-based compensation         3,028,976 3,088,428
Changes in operating assets and liabilities:            
Accounts payable         154,011 (671,280)
Unreimbursed expenses – related party (accrued)         (219,419) 6,936
Net cash used in operating activities         (6,642,244) (4,067,557)
Financing activities:            
Sale of common stock via ATM program, net of costs         9,340,576 3,100,668
Sale of common stock via Private Placement, net of costs        
Net cash provided by financing activities         9,340,576 3,100,668
Net increase (decrease) in cash         2,698,332 (966,889)
Cash, beginning of period   $ 6,178,021   $ 4,091,990 6,178,021 4,091,990
Cash, end of period $ 8,876,353   $ 3,125,101   $ 8,876,353 $ 3,125,101