v3.26.1
Unaudited Condensed Consolidated Statements of Cash Flows - USD ($)
 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Cash Flows from Operating Activities:    
Net loss $ (4,598,403) $ (7,649,189)
Adjustments to reconcile net loss to net cash used in operating activities:    
Stock-based compensation 292,012 318,193
Change in fair value of derivative liabilities 330,719
Changes in operating assets and liabilities:    
Prepaid expenses and other receivables 114,662 559,928
Accounts payable - related party (546,549) 3,719
Other payables and accrued liabilities 17,145 (90,993)
Accrued liability - related party (4,088,334) 5,981,666
Franchise tax payable (4,134)
Income tax payable (50)
Net cash used in operating activities (8,478,748) (880,860)
Cash Flows from Financing Activities:    
Payments of transactions cost (758,882) (40,000)
Proceeds received from issuance of common stock for PIPE investment 1,350,000
Proceeds received from issuance of common stock, prefunded warrants and common stock warrants for registered direct offering 7,999,988 0
Proceeds received from exercise of prefunded warrants 10
Purchase of treasury stock (29,462)
Net cash provided by financing activities 7,241,116 1,280,538
Net Change in Cash and Cash Equivalents (1,237,632) 399,678
Cash and Cash Equivalents at beginning of the period 1,384,302 916,916
Cash and Cash Equivalents at end of the period 146,670 1,316,594
Supplemental Cash Flow Information    
Cash paid for income tax 1,600 913
Cash paid for interest
Supplemental Disclosure of Non-cash Financing Activities    
Recognition of derivative liabilities upon closing of the PIPE investment $ 187,941