v3.26.1
CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Operating activities    
Net Income (Loss) $ (4,598,428) $ (2,667,358)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 19,556 2,212
Equity-based compensation 419,221 56,689
Changes in operating assets and liabilities:    
Prepaid expenses and other current assets (272,847) (11,659)
Accounts payable (235,170) 337,971
Accrued expenses and other (646,051) 238,134
Deferred revenue (227,629) 0
Net cash used in operating activities (5,541,348) (2,044,011)
Investing activities    
Purchase of fixed assets (42,424) 0
Net cash used in investing activities (42,424) 0
Financing activities    
Proceeds from issuance of equity securities, net 3,162,943 626,235
Payments on note payable 0 (221,866)
Net cash provided by financing activities 3,162,943 404,369
Net decrease in cash (2,420,829) (1,639,642)
Cash, cash equivalents, and restricted cash at beginning of period 10,709,937 2,434,528
Cash, cash equivalents, and restricted cash at end of period 8,289,108 794,886
Supplemental cash flow information    
Cash paid for interest 0 5,800
Accrued issuance costs for public offering 551,799 356,984
Property and equipment purchases in accounts payable 69,567 0
Property and equipment reclassified from prepaid expenses $ 263,870 $ 0