Condensed Consolidated Balance Sheets - USD ($)	Jun. 30, 2026	Dec. 31, 2025
Current assets:
Cash and cash equivalents	$ 5,596,254	$ 26,711,969
Prepaid expenses and other assets	1,448,939	1,542,116
Total current assets	7,045,193	28,254,085
Noncurrent assets:
Prepaid expenses	1,548,580	1,996,300
Property and equipment, net	176,612	120,184
Financing lease right-to-use assets	36,828	123,514
Total assets	8,807,213	30,494,083
Current liabilities:
Accounts payable	6,393,967	3,574,448
Accrued expenses	1,629,313	742,227
Current portion of debt	4,322,500	5,130,372
Financing lease obligation-short term	31,696	36,167
Total current liabilities	12,377,476	9,483,214
Noncurrent liabilities:
Debt, net of debt discount	0	11,733,350
Financing lease obligation-long term	9,476	25,686
Total liabilities	12,386,952	21,242,250
Commitments and contingencies (Note 9)
STOCKHOLDERS' EQUITY
Common stock, $0.00033 par value, 150,000,000 shares authorized at June 30, 2026 and December 31, 2025, respectively; 55,921,806 and 54,878,233 issued and outstanding at June 30, 2026 and December 31, 2025, respectively	18,455	18,111
Additional paid-in capital	230,107,941	225,840,226
Accumulated deficit	(233,706,135)	(216,606,504)
Total stockholders' equity	(3,579,739)	9,251,833
Total liabilities and stockholders' equity	$ 8,807,213	$ 30,494,083

Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

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- Definition

Carrying value as of the balance sheet date of obligations incurred and payable, pertaining to costs that are statutory in nature, are incurred on contractual obligations, or accumulate over time and for which invoices have not yet been received or will not be rendered. Examples include taxes, interest, rent and utilities. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).