v3.26.1
Condensed Consolidated Balance Sheets - USD ($)
Jun. 30, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 41,233,428 $ 14,599,347
Prepaid expenses and other current assets 679,686 961,899
Total current assets 41,913,114 15,561,246
Property and equipment, net 64,033 59,807
Restricted cash 41,615 41,186
Other noncurrent assets 271,162 271,162
Total assets 42,289,924 15,933,401
Current liabilities:    
Accounts payable 935,139 713,668
Accrued expenses 2,157,163 2,050,690
Total current liabilities 3,092,302 2,764,358
Commitments and contingencies (Note 7)
Stockholders' equity:    
Common stock, $0.001 par value, 400,000,000 shares authorized, 12,391,136 and 8,192,538 shares issued and outstanding at June 30, 2026 and December 31, 2025, respectively 12,391 8,192
Additional paid-in capital 389,596,149 356,709,645
Accumulated other comprehensive loss (10,617,617) (10,634,714)
Accumulated deficit (340,520,662) (333,641,441)
Total stockholders' equity 38,470,261 12,441,682
Total liabilities and stockholders' equity 42,289,924 15,933,401
Series A Convertible Preferred Stock    
Convertible preferred stock:    
Series A convertible preferred stock, $0.001 par value, 40,000,000 shares authorized; 31,194 shares issued and outstanding at June 30, 2026 and December 31, 2025 $ 727,361 $ 727,361